The Kotak League Platinum credit card is all about getting rewards for your spending. You earn points for every purchase, and when you spend a certain amount in a year, you get even more points. It's a fantastic choice, especially for high spenders. Here is everything you need to know about the Kotak League Platinum Credit Card.
Key Highlights of Kotak League Platinum Credit Card |
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Best Suited For | Shopping & Rewards |
Joining Fee | Rs. 449 |
Renewal Fee | Rs. 499 (Waived off on spending Rs. 50,000 in a year) |
Welcome Benefit | Movie ticket voucher worth Rs. 500 after the payment of the joining fee. |
Best Feature | 8 reward points per Rs. 150 spent via this credit card |
Table of Contents | ||
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Features and Benefits | ||
Fees and Charges | ||
Eligibility and Documentation | ||
Other Similar Credit Cards | ||
Should You Get this card? | ||
FAQs |
With this credit card, you can earn multiple benefits like rewards, free vouchers, movie tickets, fuel benefits, travel perks, and more. Check out the top benefits of the Kotak League Platinum Credit Card below:
You have the opportunity to earn up to 8X reward points on your transactions, with special categories detailed below:
Some of the other benefits that you can avail with Kotak League Platinum Credit Card are mentioned below:
*Special categories include Airlines and Air Carriers, Travel Agencies & Tour Operators, Package Tour Operators, Electric Sales, Departmental Stores and Durable Goods.
The fees and charges applicable to this credit card are mentioned in the table below:
Type of Fee or Charge | Amount | |
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Joining Fee | Rs. 449 / Nil | |
Annual Fee | Rs. 499 (Waived off on spending Rs. 50,000 in a year) | |
Finance Charges | 3.50% p.m. (42% p.a.) | |
Late Payment Charges |
For Outstanding Amount:
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The table below shows the eligibility criteria for this credit card:
Criteria | Details |
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Age | 18 to 65 years |
Minimum Income | Rs. 5 Lakh p.a. |
Serviceable Cities | Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune |
Documents Required | Click here for the list of documents required |
Some cards that offer benefits similar to Kotak League Platinum are mentioned in the table below:
Credit Card | Annual Fee | Comparative Feature |
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SBI SimplyCLICK Credit Card | Rs. 499 | 10 reward points per Rs. 100 spent on online shopping with select brands and 5 points for all online spends |
HDFC MoneyBack Credit Card | Rs. 500 | 4 reward points per Rs. 150 spent online |
Axis Bank Privilege Credit Card | Rs. 1,500 | 10 reward points per Rs. 200 spent on all spends |
Citi Rewards Credit Card | Rs. 1,000 | 10 reward points per Rs. 125 spent on apparel and departmental stores |
Standard Chartered Platinum Rewards Credit Card | Rs. 250 | 5 reward points per Rs. 150 spent at fine-dine outlets |
The Kotak League Platinum Credit Card offers an excellent rewards rate and provides substantial value-back through milestone benefits. To fully leverage these benefits, you need to meet the specified spending milestones and use your credit card extensively. Additionally, the card provides a yearly allotment of complimentary PVR tickets. As a result, this card is most suitable for individuals who are big spenders and seek privileges in the form of reward points or movie-related perks.
Yes, Kotak Mahindra Bank credit cards offer an add-on card feature, allowing you to apply for additional cards for your family members. Furthermore, you have the flexibility to set spending limits on each add-on card and monitor their expenditures.
To avail of the free tickets, you must make your claim within three months after the program period concludes. After this three-month period, you will no longer be eligible for this benefit. For instance, if you received your card in January and reached the spending threshold of Rs. 1.25 lakh by July, you must claim the benefit by October, or else the opportunity expires.
The Kotak League Platinum Credit Card is ideal for people who primarily use their credit cards for expenses, as it offers generous rewards once they reach an annual spending milestone of Rs. 2 lakh.
Yes, you can use this credit card for international transactions. But keep in mind that there is a foreign exchange markup fee of 3.5% on transactions made in a foreign currency.
The welcome benefit is exclusively available with the variant that includes the joining fee. If you choose the variant where the joining fee is waived, you will not receive this benefit.
Here are some of the links that will help you manage your Kotak Credit Card, you can click on them as per your requirements: