Welcome Benefit: Customers will get a Myntra voucher worth Rs 500 on activation of the card. The user would be required to complete 1 transaction worth Rs 500 or more within 30 days of card issuance to be eligible for the activation benefit.
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Myntra Kotak Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Customers will get a Myntra voucher worth Rs 500 on activation of the card. The user would be required to complete 1 transaction worth Rs 500 or more within 30 days of card issuance to be eligible for the activation benefit.
Milestone Benefits
Milestone Benefit: 2 complimentary PVR tickets worth Rs 250 each on spending over Rs 50,000/- every calendar quarter.
Cashback Rate
Users will get an instant discount of 7.5% on all spends done across Myntra Platforms (Mobile app/website) with a maximum discount of Rs.750 per transaction.
Cashback of 5% on spends across the Partner category of Myntra and Kotak Bank.
Earn unlimited 1.25% cashback on spending across all other online and offline merchants.
Movie Benefits
Reward System: Customers get, 5% cashback on all spending done across the preferred partner merchants like Swiggy, Cleartrip, PVR, etc. Customers also get 2 complimentary PVR tickets worth Rs 250 each on spending over Rs 50,000/- every calendar quarter.
Dining Benefits
Reward System: Customers get, 5% cashback on all spending done across the preferred partner merchants like Swiggy.
Other Benefits
Other Benefits: The card is eligible for UPI on credit card transactions.
Lounge Access
4 free domestic airport lounge access.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Customers will get a Myntra voucher worth Rs 500 on activation of the card. The user would be required to complete 1 transaction worth Rs 500 or more within 30 days of card issuance to be eligible for the activation benefit.
Milestone Benefits
Milestone Benefit: 2 complimentary PVR tickets worth Rs 250 each on spending over Rs 50,000/- every calendar quarter.
Cashback Rate
Users will get an instant discount of 7.5% on all spends done across Myntra Platforms (Mobile app/website) with a maximum discount of Rs.750 per transaction.
Cashback of 5% on spends across the Partner category of Myntra and Kotak Bank.
Earn unlimited 1.25% cashback on spending across all other online and offline merchants.
Movie Benefits
Reward System: Customers get, 5% cashback on all spending done across the preferred partner merchants like Swiggy, Cleartrip, PVR, etc. Customers also get 2 complimentary PVR tickets worth Rs 250 each on spending over Rs 50,000/- every calendar quarter.
Dining Benefits
Reward System: Customers get, 5% cashback on all spending done across the preferred partner merchants like Swiggy.
Other Benefits
Other Benefits: The card is eligible for UPI on credit card transactions.
Lounge Access
4 free domestic airport lounge access.
Fees & Charges of
Myntra Kotak Credit Card
Joining Fee
of INR 500
Annual Fee
of INR 500
Cash Advance Fee
2.5% of the transaction amount (subject to a minimum of Rs. 500).
Interest rate
Interest Rate: 3.7% per month, 44.4% per year
Late Payment Fee
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/- More than ` 10,000- Rs. 750/-
Foreign Currency Transactions Fee
3.50%
Other Fees
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher. | Redemption Fee Rs. 99/- per redemption request. | EMI Processing charges : 2.5% of loan amount subject to minimum of Rs. 500. | Bank Charges Cross Currency markup of 3.5% on the transaction value
Joining Fee
of INR 500
Annual Fee
of INR 500
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rate: 3.7% per month, 44.4% per year
Late Payment Fee
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/- More than ` 10,000- Rs. 750/-
Foreign Currency Transactions Fee
3.50%
Other Fees
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher. | Redemption Fee Rs. 99/- per redemption request. | EMI Processing charges : 2.5% of loan amount subject to minimum of Rs. 500. | Bank Charges Cross Currency markup of 3.5% on the transaction value
Fee and Charges of
Myntra Kotak Credit Card
Special Features
Discount of 7.5% on Myntra (max INR 750 per transaction).
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 holders should be 18 years and above.
Speical Feature, Eligibility and Benefits of
Myntra Kotak Credit Card
How to apply for Credit Card?
Online Visit the Kotak Mahindra Bank website and click on the "Credit Cards" tab.
Select the "Indian Oil Myntra 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 Mahindra Bank's Indian Oil Myntra 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 of
Myntra Kotak Credit Card
Find Offers on Your Credit Card
Find Offers on Your Credit Card
The Kotak Mahindra Bank Myntra Credit Card is a good option for frequent Myntra shoppers who spend over Rs. 10,000 per transaction. However, if you primarily use the card for Myntra purchases below Rs. 10,000, the Flipkart Axis Bank Credit Card might be a better choice as it offers 5% cashback without any restrictions. For non-Myntra spends, other cards with broader reward programs and lower fees might be more suitable.
The Kotak Mahindra Bank Myntra Credit Card is a good option for frequent Myntra shoppers who spend over Rs. 10,000 per transaction. However, if you primarily use the card for Myntra purchases below Rs. 10,000, the Flipkart Axis Bank Credit Card might be a better choice as it offers 5% cashback without any restrictions. For non-Myntra spends, other cards with broader reward programs and lower fees might be more suitable.
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