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Please Note: Kotak Mahindra Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.
Kotak Mahindra Bank has become the official partner of 6 cricket teams in IPL (Indian Premier League). There are 3 variants of credit cards for each of the 6 teams. 2 variants have the team’s logo while the third one has pictures of three prominent players. The card is suitable for anyone who wants to support their favourite IPL team. Cashback and vouchers are also offered. Other details of the credit card are given below.
Key Highlights of Kotak MyTeam Credit Card |
Fees | Eligibility | Apply | FAQs |
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Note Kotak MyTeam Credit Card can be availed as an additional benefit on your existing Kotak Credit Card variant. You can get the branding of your favourite IPL team on the card and avail additional benefits up to Rs.2,399*. Kotak Royale Signature, Kotak League Platinum, Kotak Delight Platinum, Kotak Essentia Platinum, Kotak Urbane Gold and Kotak 811 Dream Different credit card variants are eligible for MyTeam Card benefits. All other features, as well as the fees and charges applicable to your card variant, will remain the same. |
Welcome Benefit – Rs. 200 Cashback upon spending Rs. 10,000 via the card within 45 days of card issuance.
Top Spender Benefits – Top 5 spenders on each team’s cards will get Rs. 1,000 cashback.
FitPass Offer – Free 1 month subscription.
PizzaHut Offer – Flat Rs. 100 off with no minimum criteria on a Medium Pizza.
Lybrate – Gift voucher worth Rs. 1,200.
Myntra Offer – Rs. 200 off on purchases made on Myntra.
Note these offers are valid till 31st January 2021
Since the benefits of Kotak MyTeam Credit Card are over and above the benefits of the regular card. There will be no separate charges applied. However, you will be charged the following fee to avail MyTeam Credit Card:
| Category | Amount |
| Image Fee (One Time) | Rs. 599 + GST |
| Card Replacement Fees | Rs. 100 + GST |
To be eligible for the Kotak MyTeam Credit Card customers must have a Kotak Credit Card. The common eligibility criteria to avail a Kotak Mahindra Bank credit card are:
| Age | 21-65 years |
| Occupation | Available to both Salaried and Self-employed |
| Documents Required | Click here for the list of acceptable documents |
Existing customers who have a Royale Signature, League Platinum, Delight Platinum, Essentia Platinum, Urbane Gold or 811 Dream Different credit cards can apply through NetBanking or Mobile Banking. Click here to login to your account and begin the process.
I do not own a Kotak credit card. Can I still apply for this credit card?
If you do not have a Kotak Mahindra Bank credit card then you first need to successfully apply for one. You can then apply for MyTeam image on the card after receiving it.
What is Kotak My Team Credit Card?
Cricket in its IPL format is one of the most widely viewed television events. The Kotak My Team Credit Card allows you to show your love for the game and team. Besides showing support, you get cashback and other benefits as well. The card comes on the Visa payment network.
How is this card different from regular MyImage Credit Card?
Kotak My Team Credit Card lets you support your favourite IPL team. This feature cannote be availed through the MyImage credit card.
Which transactions will not count for getting vouchers?
All retail transactions will be counted. However, loans, cash transactions, balance transfers, reversed or cancelled transactions won’t be counted.
Can I replace my existing credit card image with My Team Image?
Yes, you can do that. However, a one-time image fee of Rs. 599 + GST will be applicable. In the event you lose your credit card and want a replacement then a replacement fee of Rs. 100 + GST will be levied. Annual fee and other charges will be applicable as per MITC of the existing credit card.
If I spend Rs. 10,000 every month will I still get Rs. 200 cashback every month?
No, you will receive Rs. 200 cashback only once after you have spent Rs. 10,000 within 45 days of card issuance.
I did not like the credit card. Can I cancel and get a refund?
You may cancel this feature and go back to your previous credit card. However, you will not get a refund under any circumstance.