Kotak Mojo Platinum Credit Card

With this credit card, you can earn up to 2.5X reward points when you make purchases online. These points, called Mojo points, can be used later for different things like covering your credit card bill, shopping, travel, and more. Here's all you need to know about how the reward points work with this card.

• 5 Mojo points per Rs. 100 for all online spends
• 1 Mojo point per Rs. 100 on all other spends

Points to be noted:

• There is no maximum cap on the reward earnings
• Mojo points are valid for 2 years from the date of accrual
• No Mojo points are offered on fuel and cash withdrawal

Reward Points Redemption:

• You can use your Mojo points for redemption in various categories, such as shopping, mobile recharge, e-vouchers, and products listed in the rewards catalogue.
• For credit card statement redemption, the value is set at 1 Mojo point = Re. 0.40. However, there is a minimum requirement of 2,500 Mojo points to redeem them against your credit card statement.
• In other categories, each Mojo point is valued at 1 Mojo point = Re. 0.25 for redemption.

The Kotak Mojo Platinum Credit Card provides bonus Mojo points when you reach specific spending milestones, as outlined below:

Note: Bonus points will be credited to your account within 45 days from the end of the quarter.

With this card, you can avail lounge at domestic as well international terminals as per the below details:

• 8 complimentary visits per year to airport lounges within India (both domestic and international terminals)
• Maximum 2 visits can be availed per quarter

Click here for the list of eligible lounges.

Suggested Read: Best Credit Cards with Airport Lounge Access

You can enjoy a fuel surcharge waiver on your fuel purchases at all petrol stations in India. Here are the details related to this benefit:

• 1% fuel surcharge waiver on fuel transactions between Rs. 500 and Rs. 3,000
• Maximum waiver of 3,500 in a year

This credit card provides a generous railway surcharge waiver of up to 2.5% on your transactions, and here are the specific details:

• 8% railway surcharge waiver for transactions made on the IRCTC website
• 5% railway surcharge waiver for transactions made at Indian Railways booking counters
• The maximum railway surcharge waiver that is allowed in an anniversary year is Rs. 500

Below mentioned are The Kotak Mojo Platinum Credit Card fees and other charges:

You must meet the below-mentioned eligibility criteria to apply for Kotak Mojo Platinum Credit Card:

If you are looking for other credit cards that offer decent rewards for your purchases, you can consider the credit cards mentioned in the table below:

The Kotak Mojo Platinum Card is ideal for people who want to earn rewards on all their purchases, especially for online shopping. This card doesn't set a limit on how many rewards you can earn, which makes it perfect for those who spend a lot. Although the annual fee of Rs. 1,000 may seem a bit high, it's quite easy to get it waived by spending just Rs. 1 lakh in a year.

Overall, you can consider getting this credit card if:

• You mostly shop online
• You will be able to reach annual spends of Rs. 1 lakh
• You prefer reward points that can be redeemed for a variety of things over cashback

Yes, you can withdraw cash from any ATM through your credit card. However, a cash withdrawal fee of Rs. 300 for every Rs. 10,000 withdrawn. Therefore, it is advisable not to withdraw cash using your credit card as it comes with high charges.

The fore markup fee charged on Kotak Mojo Platinum Credit Card is 0.035%, which is low as compared forex markup fee charged by other entry-level credit cards.

Yes, you should book your tickets via IRCTC or at the Indian Railways booking counter to avail the railway surcharge waiver. You can get a 1.8% railway surcharge waiver for transactions made on IRCTC website and 2.5% railway surcharge waiver for transactions made at Indian Railways booking counters.

Yes, you can use contactless payments for transactions up to Rs. 5,000. All you need to do is tap your credit card on the PoS machine, and there's no need to enter a PIN for these contactless transactions.

No, You won't earn reward points on your fuel expenses, but you can enjoy a fuel surcharge waiver. This card offers a 1% fuel surcharge waiver for transactions ranging from Rs. 500 to Rs. 3,000, with a maximum annual fuel waiver of Rs. 3,500 in a calendar year.

You have the option to apply for this credit card through both online and offline methods. For an online application, visit the bank's official website and complete the application form. Alternatively, you can apply offline by visiting the nearest bank branch. In this case, you'll need to submit a fully filled application form along with any necessary documents if required for the credit card application.

You can easily track the status of your credit card application by visiting the official website of the bank. To do so, you'll need to input your application number. Additionally, the bank typically sends updates regarding your application status to your registered mobile number. This way, you can stay informed about the progress of your application.