Route spending through All airline bookings and air carrier transactions.
Earn 0.5× here — 0.5% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Mid-tier
KOTAK MAHINDRA BANK · KOTAK LEAGUE PLATINUM CREDIT CARD
Kotak League Platinum Credit Card
ANNUAL FEE
₹499 waived at ₹1L spend
FIRST-YEAR NET VALUE
₹8,124 for a mid spender · travel
KOTAK MAHINDRA BANK Kotak League Platinum
Updated 17 Sep 2026 5 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is Kotak Mahindra Bank's.
MONTHLY INCOME Check with bank Issuer-dependent
CREDIT SCORE Check with bank Good band
AGE 21 – 65 Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹8,124 first-year net value · mid spender · travel
Category rewards ₹6,624
Milestone bonus· Choice of 4 free PVR tickets or 10,000 reward points + ₹1,000
Welcome benefit· Welcome reward points ₹500
Annual fee − ₹499
Fee waiver (met)· 100% annual fee waiver on minimum annual retail spends of ₹50,000 ₹499
Net first-year value ₹8,124
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 0.26% back on eligible spends 4 pts 4 points per ₹150
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 0.5% back
All airline bookings and air carrier transactions · 0.5%
Travel agencies and package tour operators · 0.5%
Electronics and electrical goods purchases · 0.5%
Department store purchases · 0.5%
Furniture, appliances, and durable goods · 0.5%
Everything else (base) · 0.3%
MILESTONES Cumulative bonuses at annual spend tiers
₹1L Choice of 4 free PVR tickets or 10,000 reward points
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time Kotak Mahindra Bank tweaks the program.
Line up your ₹1L before renewal.
Crossing ₹1L in the anniversary year waives the ₹499 fee — automatic for spenders at ₹4,167+/month. Watch your pace in months 10–12.
Don't sleep on Travel agencies and package tour operators.
The second tier earns 0.5× (0.5% back). Often overlooked next to the headline category but compounds if you route consistently.
Redeem through the best path, not the default.
Point value varies across redemption options. Best path: ₹0.25/point. Same earnings, more value.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Joining fee ₹499 · + 18% GST · one-time
Annual fee (year 2+) ₹499 · waived at ₹1L spend
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 3.5%
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Welcome voucher
₹500 Welcome reward points.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
For a spender who hits the ₹1L waiver, yes — the net value is positive. For a casual spender, the math gets tight and a lower-tier card may fit better. See the Fit section above.
08 WHAT CHANGED
How Kotak League Platinum Credit Card has changed.
Last verified 17 Sep 2026.
- 17 Sep 2026 Lounge access removed (not on the product page; file had 8 domestic visits a year); cash-value redemption revised to ₹0.07 per point w.e.f. 1 Jun 2025; utilities reward cap of ₹35,000 per cycle and the ₹499 / Nil dual fee plan recorded. 8 RP per ₹150 on special categories, 4 on others up to ₹2L, ₹50,000 waiver, ₹500 welcome points and the ₹1.25L six-monthly milestone re-verified. Card loses its lounge score; reward value slightly lower on cash redemption
- 2024 Kotak Bank suspended new credit card applications Card not available for new applicants currently
HOW WE KEEP THIS CURRENT
Last verified 17 Sep 2026. Sources: Kotak League Platinum Credit Card product page, Kotak League Platinum Credit Card fees and charges page, Kotak Credit Cards KFS PDF, Kotak League Platinum Credit Card eligibility page, kotak.com. Next scheduled review: 17 Mar 2027.