Kotak Privy League Signature Credit Card
Kotak Mahindra Bank · Closed to new applicants
An older Privy League relationship card (closed to new applicants): 5 reward points per ₹100 on the holder's chosen plan (shopping or travel) and 2 per ₹100 elsewhere, 6,400 bonus points a quarter, four free Priority Pass visits, two domestic lounge visits a quarter, and 2% forex.
- Annual fee
- ₹2,500 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹5,00,000 spend per card year
- Base rate
- 2 reward points per ₹100 on other retail spends: 2 Reward Points per ₹100 (about 0.4% at cash value)
- Lounges
- Domestic: 2 visits a calendar quarter after ₹75,000 spend; International: 4 visits a calendar year after ₹75,000 spend
- Forex markup
- 2%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- Shopper's Plan: 5 reward points per ₹100 on apparel, groceries, consumer durables, multi-brand online and department stores: 5 Reward Points per ₹100 (about 1% at cash value)
- Traveller's Plan: 5 reward points per ₹100 on airlines and hotels: 5 Reward Points per ₹100 (about 1% at cash value)
- Traveller's Plan: 5 reward points per ₹100 on international spends: 5 Reward Points per ₹100 (about 1% at cash value)
Earns nothing on
- No reward points on fuel and rent payments
Where the sources disagree
- value of a reward point: The page and Kotak's 1 Jun 2025 notice put the cash value of a point at 20 paise (minimum 2,000 points; auto-redemption of 400 points for ₹80); the MITC rewards table still gives 25 paise per point. We use 20 paise for cashback (a change the notice dates) and the MITC's 25 paise for catalogue redemptions.
Terms the calculator does not value
- The free variant has nil fees, a shopper's plan that includes jewellery and restaurants instead of grocery and online stores, a traveller's plan that includes restaurants but not duty-free, a milestone of 10,000 points at ₹4 lakh and 30,000 at ₹8 lakh, no quarterly bonus points, a Priority Pass membership for the first year only, and a ₹4,500 a calendar year fuel waiver. Not entered as a separate card.
- The card's June 2025 notice does not say whether the utility and government cap, or the education and insurance cap, is shared or separate per category; the MITC's revised-rewards table gives the same amounts per category, and a shared cap per pair is entered.
- The 6,400-point quarterly bonus is an interim replacement for 4 free PVR tickets a quarter; Kotak may restore the tickets.
Sources
- Kotak Privy League Signature Credit Card, important changes with effect from 1 June 2025 (Bank notice, the bank's own, read 6 Nov 2026)
- Kotak Privy League Signature Credit Card product page (marked Discontinued) (Product page, the bank's own, read 6 Nov 2026)
- Kotak Mahindra Bank credit card MITC (fee table, interest, charges, reward-points table) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Kotak Privy League Signature fees and charges page (Product page, the bank's own, read 6 Nov 2026)
- Kotak Privy League Signature milestone program page (Product page, the bank's own, read 6 Nov 2026)
- Terms and Conditions, Complimentary Airport Lounge Access Program for Kotak Credit Cards (Reward terms, the bank's own, read 6 Nov 2026)
- Kotak Privy League Signature eligibility page (Product page, the bank's own, read 6 Nov 2026)
- Kotak Mahindra Bank credit cards listing (Product page, the bank's own, read 6 Nov 2026)
- List of MCCs for transaction fees and exclusions (1 Jun 2025) (Reward terms, the bank's own, read 6 Nov 2026)