Myntra Kotak Credit Card
Card Type: 
Unlock a world of shopping and lifestyle benefits with the Myntra Kotak Credit Card. Enjoy rewards on fashion purchases, exclusive Myntra discounts, fuel surcharge waiver, insurance cover against card fraud, and more. Get these benefits for a nominal joining fee of Rs. 500 and an annual fee of Rs. 499.
Key Highlights of Myntra Kotak Credit Card
The key highlights of Myntra Kotak Credit Card include:
- 5X reward points on all Myntra purchases.
- 2X reward points on all other fashion and lifestyle spends.
- Exclusive Myntra coupons worth Rs. 500 as a welcome gift.
- Fuel surcharge waiver and priority customer assistance.
- Insurance cover of up to Rs. 1,25,000 in case of card loss or theft.
- Annual fee waiver on minimum yearly spends of Rs. 50,000.
Features & Benefits of Myntra Kotak Credit Card
Explore the standout features of the Myntra Kotak Credit Card:
Myntra Welcome Gift
- Receive Myntra vouchers worth Rs. 500 as a joining gift.
- Vouchers are sent via email and SMS after the realization of the joining fee.
Reward Points
- Earn 5X reward points on all Myntra purchases.
- Earn 2X reward points on lifestyle and fashion spends across other merchants.
Fuel Surcharge Waiver
- Get fuel surcharge waivers of up to Rs. 3,500 annually.
- Applicable on transactions between Rs. 500 and Rs. 3,000.
Insurance Coverage
- Insurance cover up to Rs. 1,25,000 in case of fraudulent card usage for up to 7 days pre-reporting.
Myntra Kotak Credit Card Fees & Charges
- Joining Fee: Rs. 500
- Annual Fee: Rs. 499 (waived on yearly spends of Rs. 50,000).
- Interest charges on outstanding balances: 3.50% (42% p.a.)
- Cash advance fee: Rs. 300 per Rs. 10,000.
- Foreign currency markup: 3.5%
Eligibility for Myntra Kotak Credit Card
- Primary cardholders must be aged 21–65 years.
- Annual income should be Rs. 5 Lakhs or above.
Documents Required
- Proof of identity: PAN Card, Aadhaar, Passport, etc.
- Proof of address: Aadhaar, Utility Bill, Passport, etc.
- Proof of income: Salary slips, Form 16, bank statements.
Reward Redemption
- Redeem rewards for Myntra vouchers, mobile recharges, travel bookings, and more.
How to Apply for Myntra Kotak Credit Card?
- Visit the Kotak Mahindra website, fill out the application form, and submit your details.
- A bank representative will contact you for document verification and further process.
Myntra Kotak Credit Card FAQs
Can I use Myntra Kotak Credit Card for cash withdrawals?
Yes, you can withdraw cash up to the available limit on your Myntra Kotak Credit Card. Cash withdrawals are subject to charges of Rs. 300 per Rs. 10,000 or part thereof from the date of withdrawal.
How do I increase the limit on my Myntra Kotak Credit Card?
To increase your credit limit, ensure timely payments and regular usage of your card. The bank may offer a limit enhancement based on your usage.
How can I redeem reward points on the Myntra Kotak Credit Card?
Redeem points through Myntra vouchers, mobile recharges, flight tickets, or other merchandise. Login to Kotak Net Banking for redemption options.
