HDFC and Kotak Mahindra Bank offer co-branded credit cards in partnership with IndiGo airline. The cards are called Ka-Ching Credit Cards and both the banks offer two Ka-Ching credit cards- the 6E Rewards Credit Card and the 6E Rewards XL Credit Card. In this post, we will be comparing the four IndiGo co-branded Ka-Ching credit cards in all aspects including rewards, benefits, fees and interest rates. Before we give a comparison, it is a good idea to briefly go through the key features of all the four Ka-Ching cards one by one.

Comparison between IndiGo co-branded credit cards

6E Rewards – IndiGo HDFC Bank Credit Card

The IndiGo 6E Rewards Credit Card by HDFC Bank comes with a membership fee of Rs. 700 (plus GST) per annum and earns rewards as IndiGo 6E Rewards which can be used for IndiGo spends (including flight booking and seat reservation). Some of the key features of the IndiGo HDFC 6E Rewards Credit Card are-

  • Welcome benefits including free air ticket, free 6E Prime addon, Accor hotels stay voucher (30% off), Accor hotels dining voucher, Budwiser 0.0 gift voucher on joining the card membership.
  • Up to 15% value back as IndiGo 6E Rewards on spends at IndiGo partner merchants which include brands like Boat, Netmeds, Acor, Liongate,
  • 2.5% value back as 6E Rewards on IndiGo spends.
  • 2% 6E Rewards on dining, groceries and entertainment categories.
  • 1% 6E Rewards on all other spends (including fuel) with the card.
  • A discount of Rs. 150 on convenience fee on IndiGo.

6E Rewards XL – IndiGo HDFC Bank Credit Card

The 6E Rewards XL Credit Card is the more premium version of the 6E Rewards Credit Card. The card comes with a membership fee of Rs. 2,500 and just like the 6E Rewards Card earns rewards as 6E Rewards. Some of the salient features of the 6E Rewards XL –  IndiGo HDFC Credit Card are as under-

  • Welcome benefits including free air ticket (Rs. 3,000), free 6E Prime addon, Accor hotels stay voucher (30% off), Accor hotels dining voucher, Budwiser 0.0 gift voucher on joining the card membership (just as 6E Rewards Credit Card).
  • Up to 20% value back as IndiGo 6E Rewards at IndiGo featured merchants.
  • 5% value back as IndiGo 6E Rewards on IndiGo spends.
  • 3% value back as 6E Rewards on spends on dining, grocery and entertainment categories.
  • 2% value back as 6E Rewards on all other spends with the card (including fuel).
  • A discount of Rs. 150 on convenience fee on IndiGo spends with the card.
  • 8 complimentary domestic airport lounge access every year.
  • 12 golf lessons and 4 rounds of green fees every year.

6E Rewards – IndiGo Kotak Credit Card

Just like its HDFC counterpart, the 6E Rewards – IndiGo Kotak Credit Card comes with an annual membership fee of Rs. 700. The card is very much similar to the 6E Rewards – IndiGo HDFC Credit Card in terms of rewards and other benefits as well. Some of the key features of 6E Rewards –  IndiGo Kotak Credit Card are as under-

  • Free air ticket (Rs. 1,500), free 6E Prime addon, Accor hotels stay voucher (30% off), Accor hotels dining voucher, Budwiser 0.0 gift voucher on joining the card membership as welcome gifts.
  • Up to 15% value back as IndiGo 6E Rewards on spends at IndiGo featured merchants which include brands like Boat, Netmeds, Acor, Liongate,
  • 3% value back as 6E Rewards on IndiGo spends.
  • 2% value back as 6E Rewards on dining, groceries and entertainment categories.
  • 1% 6E Rewards on all other spendings (including fuel purchases) with the card.
  • A discount of Rs. 150 on convenience fee on IndiGo.

6E Rewards XL –  IndiGo Kotak Credit Card

The 6E Rewards XL Credit Card by Kotak is the premium variant of the 6E Rewards card. The card is very much similar to the HDFC’s 6E Rewards XL Card. The membership fee of the 6E Rewards XL – IndiGo Kotak Credit Card is Rs. 2,500 (as a launch offer, you can get the card at a membership fee of just Rs. 1,500 per annum). Some of the key features of the 6E Rewards XL – IndiGo Kotak Credit Card are-

  • Welcome benefits including free air ticket (Rs. 3,000), free 6E Prime addon, Accor hotels stay voucher (30% off), Accor hotels dining voucher, Budwiser 0.0 gift voucher on joining the card membership (just as other 6E Rewards and 6E Rewards XL Credit Cards).
  • A value back of up to 20% at IndiGo featured merchants as IndiGo 6E Rewards.
  • 6% value back as IndiGo 6E Rewards on IndiGo spends.
  • A value back of 3% as IndiGo 6E Rewards on spends on dining, grocery and entertainment categories.
  • 2% value back as IndiGo 6E Rewards on all other spends with the card (including fuel).
  • A discount of Rs. 150 on convenience fee on IndiGo spends with the card.
  • 8 complimentary lounge access every year at domestic airports across India.
  • 12 golf lessons and 4 rounds of green fees every year.

Comparison between the 4 IndiGo co-branded credit cards

The following chart gives a quick comparison between the four IndiGo co-branded Ka-Ching Credit Cards by HDFC and Kotak Mahindra Bank-

6E Rewards XL –  IndiGo HDFC Bank Credit Card 6E Rewards – IndiGo HDFC Credit Card 6E Rewards XL – IndiGo Kotak Credit Card
Welcome Benefits
  • Free air ticket worth Rs. 3,000.
  • Free 6E Prime add-on worth Rs. 899.
  • Accor hotels stay voucher (30% off) worth Rs. 5,000.
  • Accor hotels dining voucher worth Rs. 1,000.
  • Budweiser 0.0 gift voucher worth Rs. 250.
  • Free air ticket worth Rs. 1,500.
  • Free 6E Prime add-on worth Rs. 899.
  • Accor hotels stay voucher (30% off) worth Rs. 5,000.
  • Accor hotels dining voucher worth Rs. 1,000.
  • Budweiser 0.0 gift voucher worth Rs. 250.
  • Free air ticket worth Rs. 3,000.
  • Free 6E Prime add-on worth Rs. 899.
  • Accor hotels stay voucher (30% off) worth Rs. 5,000.
  • Accor hotels dining voucher worth Rs. 1,000.
  • Budweiser 0.0 gift voucher worth Rs. 250.
Reward Rate (6E Rewards)
  • Up to 20% 6E Rewards on feature partners.
  • 5% 6E Rewards on IndiGo spends.
  • 3% 6E Rewards on dining, grocery and entertainment spends.
  • 2% 6E Rewards on all other spends (including fuel).
  • Up to 15% 6E Rewards on feature partners.
  • 2.5% 6E Rewards on IndiGo spends.
  • 2% 6E Rewards on dining, grocery and entertainment spends.
  • 1% 6E Rewards on all other spends (including fuel).
  • Up to 20% 6E Rewards on feature partners.
  • 6% 6E Rewards on IndiGo spends.
  • 3% 6E Rewards on dining, grocery and entertainment spends.
  • 2% 6E Rewards on all other spends (including fuel).
Additional Benefits
  • Discount of Rs. 150 on IndiGo.
  • 8 domestic airport lounge access.
  • 12 golf lessons and 4 rounds of green fees.
  • Discount of Rs. 150 on IndiGo.
  • Discount of Rs. 150 on IndiGo.
  • 8 domestic airport lounge access.
  • 12 golf lessons and 4 rounds of green fees.
Annual Fees
  • Rs. 2,500 per annum
  • Rs. 700 per annum
  • Rs. 2,500 per annum (Rs. 1,500 per annum as launch offer)
Interest Rate
  • 3.6% per month or 43.2% annually
  • 3.6% per month or 43.2% annually
  • 3.5% per month or 42% annually
Foreign Currency Mark-up Fee
  • 2.5% of the transaction amount
  • 3.5% of the transaction amount
  • 3.5% of the transaction amount
Fuel Surcharge Waiver
  • 1% fuel surcharge waived up to a maximum of Rs. 500 per statement cycle.
  • N/A
  • N/A

The Verdict

While the Ka-Ching Credit Cards by HDFC and Kotak Mahindra are very much similar- the 6E Rewards XL variants of both the banks offer very similar benefits and the 6E Rewards variants of both the banks also offer almost similar benefits- there still are a few differences, for example, the Kotak cards offer a slightly better reward rate on IndiGo spends (6% and 3% as compared with 5% and 2.5% on the HDFC Cards), the forex mark-up fee applicable on the HDFC 6E Rewards XL Card is 2.5% of the transaction amount (as compared to 3.5% for the other three cards) and while you get a 1% waiver on the fuel surcharge on the 6E Rewards XL variant by HDFC, no fuel surcharge waiver is applicable on any of the other three Ka-Ching Credit Cards. One major difference between the 6E Reward XL variants by HDFC and Kotak is, although the annual fee of both the cards is Rs. 2,500, 6E Rewards XL – IndiGo Kotak Credit Card is being offered at an annual fee of just Rs. 1,500 under an introductory launch offer.

2 Comments

  1. IN YOUR VERDICT – YOU HAVE MENTIONED AS 6% & 3% REWARDS BY HDFC, INSTEAD IT IS GIVEN BY KOTAK. PLEASE RECONFIRM ?

    • Rajat Gaur Reply

      Thanks for pointing that out Pathik. Yes, Kotak Cards offer a higher reward rate – 6% and 3%. The article has been updated accordingly.

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