Kotak Myntra Credit Card
Kotak Mahindra Bank
Expert Rating
₹500
₹500
1.99%
4 visits/yr
Contents
A co-branded shopping card built around Myntra benefits — instant discounts on Myntra, Myntra Insider membership and select partner cashback. Best suited for frequent Myntra shoppers who value retail discounts and occasional milestone benefits. Note: the card was discontinued and holders were migrated to Kotak's League product line (see sources).
Features of Kotak Myntra Credit Card which makes it unique
Myntra Insider Membership
Complimentary or preferential access to Myntra Insider perks
Early access/extra discounts on Myntra
Valuable for frequent Myntra shoppers
Instant Checkout Discount
Discount applied at Myntra checkout instead of reward points
Immediate savings
Simpler than point redemption
Rewards Structure of Kotak Myntra Credit Card
Myntra
acceleratedMyntra platform purchases
Direct checkout discount on Myntra (no separate points).
Preferred Merchants
acceleratedSelected partner merchants (e.g., food & fashion partners)
Examples include select food & lifestyle partners.
Other Spends
baseAll other merchants
Standard earn on non-partner transactions.
Milestones of Kotak Myntra Credit Card
Quarterly Milestone
₹50,000 : 2 complimentary PVR tickets (quarterly on meeting spend)
Spend Milestone
Varies per campaign : Partner vouchers or offers as communicated by bank
Fees & Charges of Kotak Myntra Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹500 |
| Annual Fee | ₹500 |
| Forex Markup Fee | 1.99% |
| Cash Advance Fee | 0 |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Standard renewal; any Kotak fee-waiver campaigns apply as per bank terms.
Fee Explanation Fees and charges are per Kotak Mahindra Bank standard T&Cs and applicable taxes.
Lounge Access Benefits with Kotak Myntra Credit Card
domestic Lounges
silverVisits per year: 4
Guest access: No
Domestic lounge access subject to card variant and Kotak T&Cs.
Insurance Coverage with Kotak Myntra Credit Card
Purchase protection
₹50,000Cover for eligible purchases within specified time window.
Additional Features of Kotak Myntra Credit Card
Contactless Payments
Tap-and-pay enabled
Add-on Cards
Add-on cards available subject to bank approval
Welcome Bonus with Kotak Myntra Credit Card
Welcome Bonus: ₹500 Myntra voucher
Bonus Conditions: Voucher issued on one Myntra transaction of ₹500 or more within 30 days of card issuance; valid for new cardholders only.
Application Process for Kotak Myntra Credit Card
Processing Time
If available, card processing typically took 5-7 business days (product discontinued).
Online Application
Not Available
Instant Approval
Not Available
Step-by-Step Process
Apply via bank channel when card was active
Upload KYC documents
Receive verification call or mail
Card dispatched (when product active) within bank timelines
Required Documents for Kotak Myntra Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Kotak Myntra Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India where Mastercard is accepted
International Acceptance
Accepted internationally where Mastercard is accepted (subject to forex markup)
Online Acceptance
Yes (where Mastercard accepted)
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Kotak Myntra Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
650+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹35,000
Minimum annual income
Who Can Apply
Important Conditions
- Valid PAN and Aadhaar required for KYC.
How Approval Is Decided
- Minimum income as per Kotak eligibility
- Indian resident with valid KYC
- Satisfactory credit history
Pros of Kotak Myntra Credit Card
- Strong Myntra-specific benefits
- Useful for fashion/online shoppers
- Simple instant discount model
Cons of Kotak Myntra Credit Card
- Limited usefulness if you don't shop on Myntra
- Co-branded offers may be time-limited or changed by bank
- Card discontinued and existing customers migrated
Frequently Asked Questions about Kotak Myntra Credit Card
What is the base cashback rate on other spends?
The card offered 1.25% cashback on non-partner transactions as a base earn.
Is this card still available to apply for?
No — Kotak discontinued the Myntra co-branded card and migrated customers to other Kotak products (migration effective 10 July 2025).
Will existing benefits be honoured after migration?
Kotak communicated migration terms to existing cardholders; benefits and enrolment rules changed after migration—check bank communication for your account specifics.
Is there a joining fee?
Yes — ₹500 plus applicable taxes (introductory offers/waivers may have applied historically).
What is the welcome bonus?
A ₹500 Myntra voucher on a Myntra transaction of ₹500+ within 30 days of card issuance (new cardholders only).
How do I get the Myntra instant discount?
The 7.5% instant discount is applied automatically at Myntra checkout for eligible cards and purchases (max ₹750 per transaction).
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