Kotak Mojo Platinum Credit Card is a rewards card that gives you Mojo Points on every purchase, helping you earn more based on how much you spend. It offers extra rewards on online purchases and free domestic airport lounge access, making it ideal for frequent online shoppers and domestic travelers.
The card also provides fuel and railway surcharge waivers, adding to your savings. First-year milestone benefits give bonus rewards, but they are limited to the first year. Mojo Points can be redeemed at up to Rs. 0.40 per point, giving around 1% value-back on online spends. While useful, the rewards may be lower compared to other cards like Amazon Pay ICICI or IDFC FIRST Millennia.
Kotak Mojo Platinum Credit Card Rewards Program
Reward Earning:
2.5 Mojo points for every Rs. 100 spent on online purchases
1 Mojo point for every Rs. 100 spent on other categories
Redemption Value:
1 Mojo point = Rs. 0.40 when redeemed against your card’s outstanding balance
1 Mojo point = Rs. 0.20 for other redemption options
Redemption Options:
Kotak Rewards catalogue
Pay with reward points
Adjust against outstanding statement by calling customer care
Other Features and Benefits
Milestone Rewards: Earn 2,500 Mojo points per quarter on spending Rs. 75,000 in that quarter (first year only).
Airport Lounge Access: 2 complimentary visits per quarter at DreamFolks lounges in India.
Fee Waivers:
Joining Fee: Waived on spending Rs. 30,000 within the first 90 days.
Annual Fee: Waived on spending Rs. 1 lakh in a year.
Surcharge Waivers:
Fuel: 1% waiver, up to Rs. 3,500 per year on fuel spends of Rs. 500–3,000.
Railway: 1.8% waiver on IRCTC spends, 2.5% waiver at Indian Railways booking counters.
Fees and Charges
Particulars
Amount
Joining/Annual Fee
Rs. 1,000 + applicable taxes
Finance Charges
3.75% p.m. (45% p.a.)
Late Payments Fees
On outstanding balance of –
Amount
Rs. 500 to Rs. 5,000
Rs. 500
> Rs. 5,000 to Rs. 10,000
Rs. 600
> Rs. 10,000 to Rs. 25,000
Rs. 800
> Rs. 25,000 to Rs. 50,000
Rs. 1,000
> Rs. 50,000
Rs. 1,200
Things to Know Before you apply
Get this card if:
You want a basic rewards credit card with domestic lounge benefits
You rarely travel internationally or already have another card for international transactions
You don’t need lifestyle benefits like movies, dining, or entertainment
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For Kotak Mojo Platinum Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Kotak Mojo Platinum Credit Card Hilights
What do we like about this card?
Earn 2,500 Mojo points per quarter on spending Rs. 75,000 (first year only)
2 complimentary visits per quarter to DreamFolks lounges in India
Joining fee waived on spending Rs. 30,000 within 90 days
Annual fee waived on spending Rs. 1 lakh in a year
1% fuel surcharge waiver, up to Rs. 3,500 per year
Railway surcharge waiver: 1.8% on IRCTC spends, 2.5% at Indian Railways counters
Uncapped Mojo points on every spend: 2.5 points for online, 1 point for other spends
Pros
Earn accelerated rewards on online spends
Complimentary domestic airport lounge access
Easy to get joining and annual fee waivers with low spend limits
Fuel and railway surcharge waivers
Cons
Low reward redemption value
Milestone bonus only valid in the first year
No major lifestyle benefits beyond basic rewards
Kotak Mahindra Bank Credit Card Contact Details
Contact Address: Kotak Mahindra Bank Ltd. 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051, India Helpline: 1860 266 2666 (available from all major cities in India) Simply SMS: Send KCC last 4 digits of your credit card to 5676788 to get card-related info.
Frequently Asked Questions
Everything you need to know about this credit card
You must book your tickets on the IRCTC website or at Indian Railways booking counters to avail the railway surcharge waiver (1.8% online, 2.5% at counters).
Joining fee waiver: On spending Rs. 30,000 within the first 90 days.
Annual fee waiver: On spending Rs. 1 lakh in a year.
Mojo points have a higher redemption value of Rs. 0.40 for statement credit and Rs. 0.20 for other redemption options.
You can get 2 visits per quarter (8 visits per year).
Yes, you can redeem them for cashback, airline tickets, movie tickets, mobile recharge, or branded merchandise through Kotak Rewards.
No, fuel spends do not earn rewards. However, you get a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000, with a maximum waiver of Rs. 3,500 per year.
How Can I Apply for a Credit Card Online?
✔Step 1: Enter your mobile number in the application form
✔Step 2: Provide your personal details
✔Step 3: Enter OTP to verify your mobile number
✔Step 4: Select the credit card
✔Step 5: Compare offers and apply for the best-suited credit card
Kotak Mahindra Bank
Airport Lounge Access
Reward Points
Shopping
