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

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