Kotak Veer Select Credit Card
Kotak Mahindra Bank · Closed to new applicants
A discontinued RuPay credit card for armed forces personnel: 9 reward points per ₹200 on dining, movies, departmental stores and groceries, 3 per ₹200 elsewhere, 8 domestic lounge visits a year and an IHO membership as welcome offer.
- Annual fee
- ₹599 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹1,00,000 spend per card year
- Base rate
- 3 Reward Points per ₹200 on other spends: 3 Reward Points per ₹200 (about 0.3% at cash value)
- Lounges
- Domestic: 2 visits a calendar quarter
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 9 Reward Points per ₹200 on dining, movies, departmental stores and groceries: 9 Reward Points per ₹200 (about 0.9% 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 1,000 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 Select Credit Card product page (Wayback copy, page now removed from kotak.bank.in) (Product page, the bank's own, read 6 Nov 2026)