Kotak Zen Credit Card

Kotak Mahindra Bank · Open to apply

A shopping card: 10 Zen Points per ₹150 on apparel, lifestyle goods, department stores and jewellery and 5 per ₹150 on everything else eligible, up to 6,500 points a statement. Domestic and international lounge visits unlock with ₹75,000 of quarterly spend, and the bonus is 7,500 or 15,000 points at ₹3 or ₹6 lakh a year.

Annual fee
₹1,500 + GST a year
Joining fee
₹1,500 + GST
Fee waiver
Annual fee waived on ₹1,50,000 spend per card year
Base rate
5 Zen Points per ₹150 on other eligible spends: 5 Zen Points per ₹150 (about 0.67% at cash value)
Lounges
Domestic: 2 visits a calendar quarter after ₹75,000 spend; International: 3 visits a calendar year after ₹75,000 spend
Forex markup
3.5%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • 10 Zen Points per ₹150 on apparel, lifestyle goods, department stores and jewellery: 10 Zen Points per ₹150 (about 1.33% at cash value)

Earns nothing on

  • No Zen Points on fuel, rent, wallet loads, online skill-gaming, railways, EMI or balance transfers

Where the sources disagree

  • value of a Zen point: The MITC rewards table gives 25 paise per point for cashback and for the catalogue; the 2026 Rewards Program Guide gives 20 paise for cashback and 25 paise for other redemptions. We use the guide.

Terms the calculator does not value

  • Lounge visits after the free ones cost USD 35 (international) or the lounge's own rate; guest visits are paid.
  • Passenger railway spends and tolls are in the MCC list of spends excluded from milestones and the fee waiver; we have no category for passenger railways.

Sources

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