Get a 7.5% instant discount and 5% cashback on preferred partners by using myntra Kotak credit card. Already excited customers of Kotak Mahindra Bank can apply for this credit card through net banking or mobile banking, however, if you are a customer of Myntra, you will also able to apply this credit card through Myntra application. This card provides you 7.5% instant discount, airport lounge access, quarterly milestone benefits and much more. Get detailed information on features, fees, eligibility criteria etc of “Myntra Kotak Credit Card”.
Myntra Kotak Credit Card – Features & Benefits
- 7.5% Instant Discount – You will get a 7.5% instant discount on shopping from Myntra but the maximum discount is available up to Rs 750 per transaction i.e. the price of a product is Rs 20,000. According to the 7.5% discount, its cashback should be Rs 1500 but due to capping, a discount of Rs 750 will be available per transaction.
- Other Spends – Unlimited 1.25% Cashback on all other spends except rent, fuel EMI, post EMI & wallet loan.
- 5% Cashback on Preferred Partners – Get 5% cashback on spending with preferred partners. A maximum cashback of Rs 1,000 per month can be availed. No cashback on EMI transactions.
- Activation Benefit – To avail Rs 500 Myntra voucher then 1 transaction of Rs 500 or more must be done within 30 days of card activation.
- UPI Cashback On Rupay Card – Get 1.25% cashback on UPI payments done using Kotak Myntra Rupay Credit Card.
- Excluded categories are :
- Rent
- Wallet
- Fuel
- EMI transactions
- Education
- UPI transactions below or equal to Rs 2,000.
- Excluded categories are :
- Airport Lounge Access – 1 Complimentary airport lounge access in each quarter with benefits such as a gourmet meal, comfortable seating, widescreen TVs, newspapers, magazines, and free Wi-Fi.
- Quarterly Milestone Benefit – Get the benefit of 2 complimentary PVR tickets worth Rs 250 each on spending over Rs.50,000/- every calendar quarter.
- Quarterly Milestone Benefit doesn’t Include All Those Spends :
- Rent
- Wallet
- Fuel
- EMI transactions
- Quarterly Milestone Benefit doesn’t Include All Those Spends :
- Fuel Surcharge Waiver – 1% fuel surcharge waiver on spending from Rs 500 to Rs 3,000 but the maximum fuel surcharge waiver is Rs 3,500 in each anniversary year.
- Myntra Insider Program – To keep the Myntra Insider Program active, customers will have to spend at least ₹7000 and place 5 orders on Myntra each year.
List of Preferred Partners
- Swiggy
- Swiggy Instamart
- PVR
- Cleartrip
- Urban Company
Benefits Of the Myntra Insider Program
- Free Shipping on all orders
- Early access to sale events
- Exclusive offers & Savings
- Earn supercoins and much more…
Also Read: Federal Bank Scapia Credit Card – Features & Benefits
Myntra Kotak Credit Card – Fees & Charges
| Particulars | Fees & Charges |
|---|---|
| Joining Fee | Rs 500 |
| Annual Fee | Rs 500 |
| Annual fees waiver | Spend Rs 2 Lakhs or more |
| Add On Card Fee | Rs 299 |
| Minimum Amount Due | 10% of total outstanding amount |
| Late Payment Charges | Rs 100 to Rs 1300 |
| Over Limit Charge | Rs 500 |
| Fee for Cash payment at Bank | Rs 100 |
| Reissue/ Replacement Card | Rs 100 |
| Interest Charges on outstanding Balance | 3.7% (Annualized @ 44.40%) |
Eligibility Criteria
- Resident of India
- Age required for primary credit card holder – 21 to 65 years
- Age required for Add-on Cardholder – 21 years and above
How to Apply for Myntra Kotak Credit Card Online?
Step 1:- Visit Kotak Mahindra Bank’s Official Website and select “apply for rupay credit card”.
Step 2:- Enter your Mobile Number and submit OTP.
Step 3:- Fill in details like email ID, and date of birth.
Step 4:- Select Myntra Kotak Rupay Credit Card.
Step 5:- Now enter your personal & employment details.
