top of page

Myntra Kotak Credit Card

MyRupaya Ratings
औसत रेटिंग है 3 5 में से

MyRupaya Ratings

उत्पाद विवरण
क्रेडिट कार्ड का नाम

Myntra Kotak Credit Card

Bank Name :

Kotak Mahindra Bank

प्रकार

Shopping Credit Card

ब्याज दर

Interest Rate: 3.7% per month, 44.4% per year

पात्रता

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.

Myntra Kotak Credit Card
पेशेवरों

  • 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. 

  • Reward System: Customers get an instant discount of 7.5% on all spending done across Myntra Platforms with a maximum discount of Rs.750 per transaction, 5% cashback on all spending done across the Preferred Partner Merchants like Swiggy, Cleartrip, PVR, etc. Along with this customers can also earn unlimited 1.25% cashback on spending across all other online and offline merchants. 

  • Milestone Benefit: 2 complimentary PVR tickets worth Rs.250 each on spending over Rs.50,000/- every calendar quarter. 

  • Other Benefits: The card is eligible for UPI on credit card transactions.

दोष

  • Low cashback rate. 

  • Value add features are limited. 

  • No international lounge access.

पक्ष विपक्ष
Welcome Benefits

  • Customers get 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. 

पुरस्कार प्रणाली

  • 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. 

  • Avail of a maximum cashback of Rs. 1,000 per statement cycle across your spends on all preferred partner merchants. 

  • Earn unlimited 1.25% cashback on spending across all other online and offline merchants.

अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप

3.50%

स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण

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.

फ़ायदे

  • Welcome offer.

  • Great discount on the Myntra Shopping app and website. 

  • Movie offers. 

विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?

  • 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)

सम्पर्क करने का विवरण

1860 266 2666

खाता खोलने की प्रक्रिया और प्रक्रिया

​

​

विशेष विशेषता, पात्रता और लाभ

Pros:-

Change the text to include your own content. Adjust the font, size or scale to customize the style.

Cons:-

  • 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. 

  • Reward System: Customers get an instant discount of 7.5% on all spending done across Myntra Platforms with a maximum discount of Rs.750 per transaction, 5% cashback on all spending done across the Preferred Partner Merchants like Swiggy, Cleartrip, PVR, etc. Along with this customers can also earn unlimited 1.25% cashback on spending across all other online and offline merchants. 

  • Milestone Benefit: 2 complimentary PVR tickets worth Rs.250 each on spending over Rs.50,000/- every calendar quarter. 

  • Other Benefits: The card is eligible for UPI on credit card transactions.

  • Low cashback rate. 

  • Value add features are limited. 

  • No international lounge access.

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.

Myntra Credit Card

Abhijeet Saxena

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

उत्पाद समीक्षा
फीस एवं प्रभार

  • Joining Fee of INR 500 

  • Annual fee of INR 500 

  • 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/- More than ` 10,000- Rs. 750/- 

  • 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

ईंधन अधिशुक्ल

1% Fuel Surcharge waiver.

Billing Cycle

1 Month

फीस एवं प्रभार
bottom of page