Kotak League Platinum Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Kotak League Platinum Credit Card
Bank Name :
Kotak Mahindra Bank
Type :
Rewards Credit Card
Interest Rate :
Interest Rate: 3.5% per month, 42% per year.
Eligibility :
Primary Credit Card holders should be in the age bracket of 18 years to 65 years and an Indian resident. Add-on Card holder should be 18 years and above.
Location: Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune.
Income: INR 5 lakh and above per annum
Pros
Welcome Benefit: Reward points worth INR 500.
Reward System: Card holders will get 8 reward points on spending INR 150. Value of 1 reward point is INR 0.25. General cashback rate: 1.3%.
Milestone Benefit: On spending INR 1, 25,000 every 6 months and cardholder will get 4 free PVR tickets or 10,000 reward points.
Cons
No free lounge access.
Limited value add features.
Low cashback rate.
Pros & Cons
Welcome Benefits
Welcome Benefit: Reward points worth INR 500.
Rewards System
Reward System: Card holders will get 8 reward points on spending INR 150. Value of 1 reward point is INR 0.25. General cashback rate: 1.3%.
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
None.
Eligibility Criteria
Primary Credit Card holders should be in the age bracket of 18 years to 65 years and an Indian resident. Add-on Card holder should be 18 years and above.
Location: Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune.
Income: INR 5 lakh and above per annum
Benefits
Milestone benefits.
Cashback benefits.
Movie benefits.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online Visit the Kotak Mahindra Bank website and click on the "Credit Cards" tab.
Select the "Kotak League Platinum Credit Card" and click on the "Apply Now" button.
Fill in the application form with your personal and financial details.
Upload the required documents, such as your PAN card, Aadhar card, and income proof.
Review and submit your application.
The bank will review your application and get in touch with you if you are approved for the card.
The required documents for applying for a Kotak League Platinum Credit Card are: PAN card Aadhar card Income proof (salary slip, salary certificate, Form 16 for salaried individuals; PAN card, IT return, Form 60/61 for self-employed individuals)
Contact Details
1860 266 2666
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Reward points worth INR 500.
Reward System: Card holders will get 8 reward points on spending INR 150. Value of 1 reward point is INR 0.25. General cashback rate: 1.3%.
Milestone Benefit: On spending INR 1, 25,000 every 6 months and cardholder will get 4 free PVR tickets or 10,000 reward points.
No free lounge access.
Limited value add features.
Low cashback rate.
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fee of INR 499 + GST.
Annual fee of INR 499 + GST.
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher.
Late payment charges - Upto ` 100- Rs. 0/- > ` 100 to `500- Rs. 100/- > ` 500 to `5,000- Rs. 500/- > ` 5,000 to `10,000- Rs. 600/, 10,000 to 25,000- Rs. 800/, 25,000 to 50,000- Rs. 1,000/, more than 50,000: INR 1,200.
Redemption Fee INR 99/- per redemption request.
Cross Currency Markup: 3.5% on the transaction value
Fuel Surcharge
1% fuel surcharge, waived on transaction value between INR 500 and INR 3000, maximum waiver of INR 3500 in a year.
Billing Cycle
30 Days.