Kotak Veer Platinum Credit Card
Kotak Mahindra Bank · Closed to new applicants
A discontinued RuPay credit card for armed forces personnel: 6 reward points per ₹200 on dining, movies, departmental stores and groceries, 2 per ₹200 elsewhere, and a ₹299 annual fee that spend of ₹50,000 waives.
- Annual fee
- ₹299 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹50,000 spend per card year
- Base rate
- 2 Reward Points per ₹200 on other spends: 2 Reward Points per ₹200 (about 0.2% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 6 Reward Points per ₹200 on dining, movies, departmental stores and groceries: 6 Reward Points per ₹200 (about 0.6% at cash value)
Earns nothing on
- No points on fuel, rent, wallet loads, education, government, insurance and online skill-based gaming
- No points on EMI transactions and cash advances
Terms the calculator does not value
- The rewards cap on accelerated categories is stated as "Max cap 750 rewards p.m. on only 4 categories"; whether "p.m." is a calendar month or a billing cycle is not stated. Entered as a calendar month.
- Railway surcharge waiver (1.8% on irctc.co.in, 2.5% at counters) is not counted.
Sources
- Kotak Mahindra Bank credit card MITC and Cardholder Agreement (PDF created 30 Oct 2026, read 6 Nov 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Kotak Veer Platinum Credit Card product page (Wayback copy, page now removed from kotak.bank.in) (Product page, the bank's own, read 6 Nov 2026)