Apply Now
Whether you want to earn rewards or save more with discounts and deals, you will never fall short of Credit Card options. Paisabazaar is the right place to find the card that best fits your needs.
*Offers are from Paisabazaar's partner Banks & NBFCs.
The Kotak League Platinum Card is a basic credit card that truly understands and compliments the lifestyle requirements of high net worth people and offers benefits perfectly catered to them. Here are some features and benefits of this credit card discussed in detail:
| On this page |
Here are some features of this credit card:
Premier Reward Points: Kotak offers its patrons a remunerative rewards program wherein they can earn up to 8X points on every Rs.150 transacted through their Kotak League Credit Card.
Welcome Gift: All new credit card members are welcomed into the Kotak family with a movie voucher worth Rs.500. The same is sent to the customers (via mail and mobile) once they have paid the joining fee.
League Priority Attend: Each cardholder is provided with dedicated service assistance and they can schedule for a call for query resolution. Also for monthly utility bill payments, customers can avail the benefit for complimentary cheque pickups.
Fuel Surcharge Waiver: Patrons are also rewarded with fuel surcharge waiver for transactions in the range of Rs.500 and Rs.3000. The maximum waiver allowed in a year is Rs.3500. Reward points are not earned on such transactions.
Railway Surcharge Waiver: For transactions done on the Indian Railways online portal (irctc.co.in) or through the booking counters, cardholders save on the surcharge amount, subject to a maximum amount of Rs.500 in a calendar year. No reward points are earned on such transactions.
League Shield: The cardholders are assured complete peace of mind as the card includes built in protections against fraudulent or unauthorized transactions. In case if the credit card is stolen, one gets a cover of Rs.1,25,000 against fraudulent usage up to a week of pre-reporting.
Add-on Card: Customers can also avail complimentary add-on cards on their Kotak League Platinum Credit Card with all the benefits available on the primary card. They also have the added feature of specifying the spend limit on those cards and tracking the transactions separately.
Movie Discounts: Customers can get maximum of 8 complimentary PVR tickets in a year and the same need to be claimed within three months of the program period getting over.
The basic fee and charges of this credit card are:
| Fee/Charge | Amount |
| Joining Fee | Rs. 500/Nil |
| Annual Fee | Rs. 499 |
| Add-on Card Fee | Nil |
| Finance Charges (Interest Rate) | 3.50% pm |
| ATM Cash Withdrawal Charges | Rs. 300 |
| Late Payment Fee | For outstanding balance less than Rs. 500 – Rs. 100 For outstanding balance between Rs.500 and Rs. 10,000 – Rs. 500 For outstanding balance greater than Rs. 10,000 – Rs. 700 |
| Overlimit Fee | Rs. 500 |
| Cheque Bounce Charges | Rs. 500 |
| Foreign Currency Markup | 3.50% of the amount |
| Cash Payment Charges | Rs. 100 |
| Card Reissue/Replacement Charges | Rs. 100 |
| CIBIL Report Copy | Rs. 50 |
To apply for this credit card, yu must fulfil the basic criteria mentioned by the bank.
Documents Required to apply for Kotak Mahindra Bank League Platinum Credit Card:
| Proof of Identity | PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI |
| Proof of Address | Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement |
| Proof of Income | Latest one or 2 salary slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement |
Customers can apply for this credit card by visiting the nearest bank branch or visiting the official website of Kotak Mahindra bank. In either scenario, the applicant will have to submit self-attested photocopies of their Know Your Customer (KYC) documents to establish their income, identity and address.
If you apply for the card via the website then a representative from the bank will call the customer to set a date and time for document collection. Post submission the documents will be scrutinized by the bank. If everything checks out then the bank will dispatch the credit card.
Who is this credit card best suited for?
Kotak League Platinum Credit Card is designed for individuals who have high net worth income. The card comes with premium lifestyle benefits and requirements.
Can this credit card be used internationally?
Yes, this credit card can be used for international transactions as well.
Can i opt for Add-on card with this credit card for my family members?
Yes. Kotak Mahindra Bank Credit Cards comes with Add-on credit cards that you can apply for your family members.
