Kotak League Platinum Credit Card
Kotak Mahindra Bank
A budget-friendly pick with a travel-leaning bonus category and regular movie perks.
₹499
Joining fee
₹499, waived at ₹50k spend
Annual fee
DISCREPANCY: official page states Nil annual fee after the joining fee is paid; Paisabazaar states an annual fee of Rs 499 + taxes, waived on Rs 50,000 yearly spend. Flagged, not resolved.
3.5%
Forex markup
3.8 / 5
Rating
Eligibility
Minimum income: ₹41,667/month
Estimated minimum CIBIL score: 700+
Estimated — not officially confirmed by the bank.
Age: 21–60
Key features
- 8X reward points on travel agencies, airlines, electronics and department stores
- 4 free PVR tickets or 10,000 points every 6 months on ₹1.25L spend
- ₹500 welcome movie voucher
- 1% fuel surcharge waiver ₹500–₹4,000
- Low, easily-waived fee
Reward details
4 points per Rs 150 on all eligible spends
- 8 points per Rs 150 on Travel, airlines, durable goods, departmental stores
- 8 points per Rs 150 (official) on All spends after crossing Rs 2,00,000 annual spend threshold
Welcome bonus: 5,000 reward points (worth Rs 500), paid variant only per aggregator
- Rs 1,25,000 spend per 6 months: choice of 4 PVR movie tickets or 10,000 reward points (up to 8 PVR tickets/year per aggregator)
Category caps
- Utility spends: Rs 35,000 per billing cycle
Redemption
Redeemable for air tickets, movie tickets, mobile recharge, branded merchandise.
Ratio: Aggregator estimates redemption value at up to Rs 0.10/point, effective reward rate ~0.53%
Excluded from rewards: wallet loads, online gaming, insurance, government payments, rent, education, fuel (effective 1 June 2025)
- 1% fuel surcharge waiver on transactions Rs 500-4,000 (max Rs 3,500/year); railway surcharge waiver up to Rs 500/year on IRCTC bookings.
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Achievable fee waiver thresholds and milestone-based PVR ticket benefits — Paisabazaar
Complaints
- Described as an entry-level credit card with limited appeal; very low reward rate of up to 0.53% despite the rewards branding; lacks meaningful travel and lifestyle benefits to differentiate it from competitors — Paisabazaar
Sources
- Official — fees, rewards, exclusions
- Aggregator — eligibility, lounge claim, rewards, sentiment