Myntra Kotak Credit Card
Kotak Mahindra Bank · Discontinued
A Myntra co-brand card (now discontinued) with a 7.5% instant discount on Myntra, 5% cashback on Swiggy, Instamart, Cleartrip, PVR and Urban Company, and 1.25% unlimited cashback elsewhere except fuel, rent and wallet loads.
- Annual fee
- ₹500 + GST a year
- Joining fee
- ₹500 + GST
- Fee waiver
- Annual fee waived on ₹2,00,000 spend per card year
- Base rate
- 1.25% cashback on all other spends: 1.25% cashback (about 1.25% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 23 Oct 2026
Main earn rates
- 7.5% instant discount on Myntra (app and website): 7.5% cashback (about 7.5% at cash value)
- 5% cashback on Swiggy, Swiggy Instamart, Cleartrip, PVR and Urban Company: 5% cashback (about 5% at cash value)
Earns nothing on
- No cashback on fuel, rent, wallet recharges, EMI and cash advances
Where the sources disagree
- status: The press reports the card closed from 10 Jul 2025 and Kotak's 31 Jul 2026 MITC no longer lists it, but Kotak's Myntra FAQ page is still live and does not mention a closure. No Kotak notice was found. We record the card as discontinued.
- successor card: Economic Times says existing users move to the Kotak League Credit Card; Business Standard says League Platinum; Paisabazaar says League Platinum or Zen Signature by profile. No successor is recorded.
- annual fee waiver: Kotak's FAQ waives the annual fee at ₹2,00,000 spend in the previous anniversary year; CardBuzz says there is no waiver. We use the FAQ.
Terms the calculator does not value
- CardBuzz lists UPI spends as non-earning on the RuPay variant (UNVERIFIED); no official source says. UPI spends are valued at the 1.25% base rate here.
- The card's own charges (interest, forex, late fee, fuel surcharge waiver) are not on record in any official document; Kotak's issuer-wide defaults apply here by default.
Sources
- Myntra Kotak Credit Card FAQ (undated; still live, no closure notice) (FAQ, the bank's own, read 20 Oct 2026)
- Kotak Mahindra Bank cards listing (partial; Myntra card not in the extract) (Product page, the bank's own, read 20 Oct 2026)
- Paisabazaar, Myntra Kotak Credit Card (notes the discontinuation from 10 Jul 2025) (Third-party site, read 20 Oct 2026)
- Economic Times, Major credit card rule changes in July 2025 (published 2025-06-27) (News, read 20 Oct 2026)
- CardBuzz, Myntra Kotak Credit Card (Third-party site, read 20 Oct 2026)
- Business Standard, Myntra Kotak credit card ends July 10 (7 Jul 2025) (News, read 20 Oct 2026)
- Kotak Mahindra Bank MITC (updated 31 Jul 2026, KOTMITC/07/2026/Version 2); no Myntra entry anywhere in the document (Most important terms (MITC), the bank's own, read 20 Oct 2026)
- Kotak media release, Myntra and Kotak Mahindra Bank launch a digital fashion co-branded credit card (1 Jun 2023) (Press release, the bank's own, read 20 Oct 2026)