- Kotak Mahindra Bank Silk Inspire Credit Card
- Kotak Mahindra Bank Essentia Platinum Credit Card
- Kotak Mahindra Bank Royale Signature Card
- Kotak Mahindra Bank Urbane Gold Card
- Kotak Mahindra Bank League Platinum Card
- Kotak Mahindra Bank PVR Gold Card
- Kotak Mahindra Bank Feast Gold Card
- Kotak Mahindra Bank PVR Platinum Card
- Kotak Mahindra Bank NRI Royale Signature Card
- Kotak Mahindra Bank Aqua Gold Card
- Kotak Mahindra Bank Fortune Gold Card
Kotak Mahindra Bank offers its credit card customers a reward programme under the name ‘MyKotakRewards.’ This Kotak credit card reward programme is exclusively designed to rewards customers for every spend or purchase they make using their Kotak Mahindra Bank credit card. Each reward in this loyalty programme has been designed so that customers can have an exceptional experience choosing and redeeming gifts with Kotak Mahindra Bank.
The Kotak reward points are redeemable against the amount due on the Card Account Statement and other products and services which shall be communicated to the Cardholder from time to time. In addition to this, the programme will be available to cardholders at the exclusive discretion of the bank, and may vary from card to card. Information pertaining to the programme and/or reward points (including but not limited to the form and methodology of redemption of reward points, etc.) will be intimated to the cardholder by the bank from time to time.
Points will not be awarded to cardholders towards transactions pertaining to fuel purchases, railway transactions, personal loans, cash advances and fees. The fees include joining fee, annual fee, add-on card fee, multiple card fee, balance transfers, cash advance transaction fee, charges for dishonoured cheques, financial charges, delinquency charges, late payment charges, collection charges and any other fee or charge levied by the bank, balance transfers, EMI transactions, cash withdrawals, demand draft and service charge transactions. Kotak League Platinum Cardholders will be awarded points towards transactions pertaining to fuel purchases also.
Points accrued by any add-on cards will automatically accrue on the Primary Card Account on which the add-on cards are issued and not to any other card account. The bank, however, reserves the right to specify the maximum number of points that will be awarded to a cardholder in a given period. The cardholder will not accrue any further points for that time period, once the maximum number of points as specified by the bank is reached. After the cardholder redeems some of their points, they can start to accrue points again.
Note: The list of eligible transactions may be modified by the bank at its discretion and at any time. The cardholder will be informed of the same.
The Kotak credit card reward points can only be redeemed by the primary cardholder. The reward points can be redeemed against following products or services: movie tickets, travel vouchers, online shopping, air miles or as a credit in the card account statement. The reward point’s conversion to various categories will be as per the details updated on the website at www.kotakcards.com. For Kotak credit card reward points redeemed against movie tickets, travel vouchers and online shopping, the bank will send a voucher code to the registered email address of the cardholder. The vouchers will be subject to terms and conditions stipulated by the third-party vendors who have issued the vouchers.
The conversion rate for credit in the card account statement will also be listed on the site and is amended from time to time. However, it is important to note that this rate of conversion is subject to change without any prior notice. If the cardholder opts for redemption by way of credit in the card account statement, Kotak Bank reserves the right to auto-redeem the rewards points as and when it deems fit and post a credit in the cardholder’s account.
Note: As with all credit card issuing institutions, Kotak Mahindra Bank reserves the right at any time, without previous notice, to add, modify, or amend all or any of these terms and conditions or to withdraw this programme altogether.