Myntra Kotak Credit Card

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4.3

)

Beginner

Best For: Shopping

From

Kotak 811 #DreamDifferent Credit Card

Approval Rate:

Elementor Single Post #221

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AU Bank Zenith+ Credit Card

The Myntra Kotak Credit Card is an ideal option for online consumers and fashion devotees who wish to accumulate rewards and discounts on their purchases. Its unique selling proposition is the provision of exclusive benefits to Myntra consumers, including special discounts, rebates, and reward points for Myntra purchases. It is most suitable for fashion enthusiasts and frequent consumers, as it offers rewards on online buying, lifestyle, and fashion, as well as complimentary access to Myntra sales events. This card is the perfect choice for those who wish to save money while purchasing, as it offers exclusive fashion discounts and rewards in a variety of categories.

Card Details

Type of Card

Lifestyle

Reward %

Upto 5%

Joining Fees

500

Renewal Fees

500

APR

44.44%

Welcome Benefit

"Kickstart Your Myntra x Kotak CC Experience with a Myntra Voucher worth Rs.500 on activation of the card Complete 1 transaction worth Rs. 500 or more within 30 day of card issuance to be eligible for the activation benefit"

Renewal Benefits

₹ 2,00,000 spends in the previous year

USP's:

milestone program

Fees & Charges

Joining & Renewal Fees

500,500

Interest & Charges

Additional Charges

Add on card fees 299

Rewards

Exclusions

Fuel, Jewellery, Rent, Utilities, Wallets

Rewards capping

Redemption modes

Reward Points

Additional Features

travel-3d

Lounge Benefits

  • Domestic : 1 per quarter
  • International : No
cashback-3d

Insurance Benefits

  • None
3902003

Other Perks

  • Myntra Insider Program membership

Eligibility Criteria

Age

18Y

Min

60Y

Max

Credit Score

720

Ex Min

Other: Card-to-card eligibility requirements.

Pros

7.5% instant discount on all Myntra purchases, capped at ₹750 per transaction.
5% cashback on partner merchants like Swiggy, PVR, Cleartrip, and Urban Company, up to ₹1,000 per billing cycle.
1.25% unlimited cashback on other spends, excluding fuel, rent, and wallet recharges.
Complimentary Myntra Insider Select membership, offering early access to sales and exclusive offers.
1 complimentary domestic lounge access per quarter.
2 complimentary PVR tickets worth ₹250 each on spending ₹50,000 in a calendar quarter.
Annual fee waiver on spending ₹2 lakh in the previous year.
1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, up to ₹3,500 annually.

Cons

Annual fee of ₹500, waived only on spending ₹2 lakh annually.
Foreign currency markup fee of 3.5% on international transactions.
High finance charges at 3.7% per month (44.4% per annum).
Cashback on partner merchants capped at ₹1,000 per billing cycle.
No cashback on fuel, rent payments, EMI transactions, and wallet recharges.

Terms and Conditions *