Myntra Kotak Credit Card
Kotak Mahindra Bank
Annual Fee
₹500
Joining Fee
₹500 + GST
Base Reward
1.25% cashback
Foreign Markup
3.5%
Fee Waiver
Renewal fee waiver on spends of ₹2 Lakhs in the anniversary year
Interest Rate
3.7% per month
Welcome Benefits
Myntra voucher worth Rs. 500 on making 1 transaction above Rs. 500 inside 30 days of card issuance
Product Highlights
- 7.5% discount on Myntra spends
- 5% cashback on partner brands
- Unlimited 1.25% cashback on other spends
Rewards
7.5% discount on Myntra spends, capped at ₹750 per transaction. 5% cashback on partner brands like Swiggy, Swiggy Instamart, Cleartrip, Urban Company, and PVR, capped at ₹1000 per month. Unlimited 1.25% cashback on other online and offline spends.
Redemption
Cashback is automatically credited to the card statement.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
other | 1.25%(1.25% cashback on other spends) | No cap |
shopping | 5%(5% Cashback on Partner Shopping) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Swiggy | 5% cashback(Capped at ₹1000 per month) | online |
| Swiggy Instamart | 5% cashback(Capped at ₹1000 per month) | online |
| Cleartrip | 5% cashback(Capped at ₹1000 per month) | online |
| Urban Company | 5% cashback(Capped at ₹1000 per month) | online |
| PVR | 5% cashback(Capped at ₹1000 per month) | online |
| Myntra | 7.5% Discount on Myntra | online |
Benefits & Features
Domestic: 1 complimentary lounge access per quarter (Min ₹50,000 spends required for PVR tickets) International: N/A Complimentary lounge access with privileges like comfortable seating, gourmet meals, newspapers and magazines, free WiFi, and widescreen TVs.
Fees & Charges
Eligibility
Available Networks
Pros & Cons
Pros
- Complimentary Myntra Insider program membership
- Renewal fee waiver on spends of ₹2 Lakhs
- Instant 7.5% discount on Myntra
Cons
- Cashback not applicable on wallet reloads, rent, and fuel spends
- Capped cashback on partner brands
Additional Info
The Myntra Kotak Credit Card has been discontinued as of 10th July 2025.
Cashback on partner brands capped at ₹1000 per month.
Excluded Categories