Kotak Royale Signature Credit Card is a rewards card focused on travel-related benefits. Cardholders earn 2X rewards (4 points per Rs. 150 spent) on hotels, airlines & air carriers, restaurants, travel agencies, tour operators (including package tours), and international spends. Other categories earn 2 points per Rs. 150 spent.
The card’s overall reward rate is modest—around 0.66% on travel spends and 0.33% on other spends—because 1 Reward Point can be redeemed for up to Rs. 0.25.
Apart from rewards, the card provides 8 complimentary domestic lounge visits per year, railway and fuel surcharge waivers, and milestone rewards of up to 30,000 points on spending Rs. 8 Lakh annually. With a moderate annual fee and an achievable fee waiver, this card is ideal for users looking to save on travel expenses while earning rewards.
Kotak Royale Signature Credit Card Rewards Program
Reward Earning:
4 reward points per Rs. 150 spent on hotels, airlines & air carriers, restaurants, travel agencies, tour operators (including package tours), and international spends
2 reward points per Rs. 150 spent on all other categories
Reward Redemption:
Redeem points for cash at 1 Reward Point = Rs. 0.20
Redeem points at 1 Reward Point = Rs. 0.25 via Pay with Reward Points at POS or through the Kotak Rewards catalogue for products and vouchers
Other Features and Benefits
Milestone Benefits
Earn 10,000 bonus reward points on annual spends of Rs. 4 Lakh
Earn 30,000 bonus reward points on annual spends of Rs. 8 Lakh
Lounge Access
Up to 8 complimentary visits per year to select DreamFolks lounges in India on spending Rs. 75,000 in the previous quarter
Annual Fee Waiver
Annual fee waived on spending Rs. 1 Lakh in a year
Fuel Surcharge Waiver
1% fuel surcharge waiver up to Rs. 3,500 per year on fuel spends between Rs. 500 and Rs. 3,000
Railway Surcharge Waiver
Railway surcharge waiver up to Rs. 500 per year on transactions made via IRCTC website or counters
Fees and Charges
Fee Type
Amount
Joining Fee
Rs. 1,499 + Applicable Taxes
Annual/ Renewal Fee
Rs. 999 + Applicable Taxes
Finance Charges
3.75% p.m. | 45% p.a.
Late Payment Charges
For Statement Balance:
Amount
Up to Rs. 100
Nil
Between Rs. 100.01 to Rs. 500
Rs. 100
Between Rs. 500.01 to Rs. 5,000
Rs. 500
Between Rs. 5,000.01 to Rs. Rs. 10,000
Rs. 600
Between Rs. 10,000.01 to Rs. 25,000
Rs. 800
Between Rs. 25,000.01 to Rs. 50,000
Rs. 1,000
Above Rs. 50,000
Rs. 1,200
Things to Know Before you apply
Get this card if:
You spend frequently on dining and shopping
You can spend Rs. 8 Lakh in a year to maximize milestone benefits
You want a credit card mainly for earning and redeeming reward points
You travel often and want accelerated rewards on select travel spends
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For Kotak Royale Signature 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 Royale Signature Credit Card Hilights
What do we like about this card?
2X Rewards: Earn 4 points per Rs. 150 on travel, dining, and shopping spends
Milestone Benefits: Up to 30,000 bonus reward points on annual spends of Rs. 4 Lakh & 8 Lakh
Lounge Access: Up to 8 complimentary domestic lounge visits per year
Annual Fee Waiver: Waive annual fee on spending Rs. 1 Lakh in a year
Surcharge Waivers: 1% fuel surcharge (up to Rs. 3,500/year) and railway surcharge waiver (up to Rs. 500/year)
Pros
Easily achievable spending milestone for annual fee waiver
2X rewards on travel, dining, and shopping
Up to 30,000 reward points as milestone benefits
Up to 8 complimentary domestic lounge visits every year
Cons
Accelerated reward rate limited to select spends
Low base reward rate of 0.33%
Low reward redemption value of up to Rs. 0.25 per point
No international lounge access
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
Yes, you get up to 8 complimentary domestic lounge visits per year (2 per quarter). These are available after spending Rs. 75,000 in the previous quarter.
Yes, you can redeem reward points against cash at a rate of 1 Reward Point = Rs. 0.20. You can also use the “Pay with Reward Points” option at POS or redeem via the Kotak Rewards Catalogue for products, mobile recharge, e-vouchers, movies, travel, and more.
The card charges a 3.5% forex markup fee, so it is not ideal for international spending. Consider a card with lower or zero forex charges for overseas transactions.
No, reward points are not earned on fuel, wallet load, rent, and online skill-based gaming spends.
Yes, you can earn up to 30,000 bonus reward points on annual spends of Rs. 8 Lakh.
Yes, you can waive the annual fee by spending Rs. 1 Lakh in a 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
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