By Shubham Sharma
Updated On September 10, 2021

Kotak Zen Signature credit card is a card issued by Kotak Mahindra Bank, that provides you with exclusive shopping, travel, and milestone benefits on your purchases. As a welcome benefit, you get 1500 Zen points on the payment of the joining fees. You can earn up to 15 Zen Points on every Rs 150 spent on KayMall. You get 8 complimentary domestic lounge access annually and 3 complimentary international lounge access with Priority Pass membership. Also, you get several other benefits such as a fuel surcharge waiver of 1%, Spend based waiver on the spending of Rs  1,50,000 in a year, and priority attend services. Read below to know more about this credit card

Best Suited For

Travel | Shopping |

Joining Fee

Rs 1500 plus applicable taxes

Reward Type

Reward Points |

Product Details

  • 1500 Zen Points on Payment of Joining fees
  • 8 Complimentary Domestic Lounge Access every year
  • 3 Complimentary International Lounges with Priority Pass Membership
  • 7500 bonus Zen Points on annual spending of Rs 3,00,000
  • 15000 bonus Zen Points on annual spending of Rs 6,00,000
  • Annual fee waiver on the annual spending of Rs 1,50,000 or above
  • 1% fuel surcharge waiver on transactions between Rs 500 and Rs 3000

Rewards and Benefits

Welcome Benefits

Get 1500 Zen Points on payment of joining fees

Movie & Dining

NA

Rewards Rate

You can earn up to 15 Zen Points on every Rs 150 spent on KayMall. You can earn up to 5 Zen Points on every Rs 150 on all other categories

Reward Redemption

1 Zen Point = Rs 0.25  redemption with the Kotak Reward program, you can redeem these reward points for exclusive vouchers and special discounts on partner deals and offers. You also can redeem these reward points and convert them into cash to pay for your shopping spends at partner merchant outlets

Travel

Complimentary Lounge Access Worldwide

Golf

NA

Domestic Lounge Access

8 Complimentary Domestic Lounge Access every year. You can avail yourself up to 2 lounge access every quarter calendar at select airport lounges with Visa Airport Lounge Access Program

International Lounge Access

3 Complimentary International Lounges with Priority Pass Membership.

Insurance Benefits

NA

Zero Liability Protection

NA

Fees & Charges

Joining Fee

Rs 1500 plus applicable taxes

Renewal Fee

Rs 1500 plus applicable taxes

Spend based Waiver

You can get an annual fee waiver of Rs 1500 on the spending of Rs 1,50,000

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% on the conversion amount

Interest Rates

3.4% per month (40.80 per annum)

Fuel Surcharge

1% fuel surcharge waiver on transactions between Rs 500 and Rs 3000

Cash Advance Charge

Rs 300 on the withdrawal amount

Add-on Card Fee

Rs 299/-

Kotak Zen Signature Credit Card Welcome Benefits

  • As a welcome benefit, you get 1500 Zen Points on payment of joining fees of Rs 1500. Welcome benefit can not be availed on the add-on card.

Rewards Redemption

  • You can earn up to 15 Zen Points on every Rs 150 spent on KayMall. You can earn up to 5 Zen Points on every Rs 150 on all other categories.
  • The points can be accumulated on all spending except fuel spends and EMI transactions.
  • With the Kotak Reward program, you can redeem these reward points for exclusive vouchers and special discounts on partner deals and offers.
  • You also can redeem these reward points and convert them into cash to pay for your shopping spends at partner merchant outlets

Milestone Benefit

You can earn 7500 bonus Zen Points on annual spending of Rs 3,00,000 and up to 15000 bonus Zen Points on annual spending of Rs 6,00,000 in the previous year.

Travel Benefits

Along with this credit card, you get 8 complimentary domestic lounge access every year. You can avail yourself up to 2 lounge access every quarter calendar at select airport lounges with Visa Airport Lounge Access Program. The offer is valid till 30th September 2021.

You also access 3 complimentary international lounges with Priority Pass Membership. This offer is valid for 1 year for the primary cardholders. The primary cardholders can avail of this offer on completing at least 4 transactions in the previous year.

Fuel Surcharge Waiver

You can get up to a 1% fuel surcharge waiver on transactions between Rs 500 and Rs 3000. You can avail maximum fuel surcharge waiver of Rs 3500 annually. No reward points get accrued on fuel transactions.

Spend Based Waiver

You can get an annual fee waiver of Rs 1500 on the spending of Rs 1,50,000.

Eligibility Criteria

  • The applicant should be a resident of India.
  • The applicant should be of age between 21 years to 65 years
  • Net Income of Self-Employed or Salaried person should be Rs 4.8 Lakhs or above
  • You can avail of this credit card at the following mentioned locations Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Pune, Ahmedabad, and Bangalore,

Conclusion

Kotak Zen Signature Credit Card provides you with basic, accelerated as well as milestone rewards on your spendings. This card offers you a welcome gift of 1500 rewards points on payment of the annual fee of Rs 1500. The 1500 Zen point is provided as a welcome benefit is equivalent to Rs 375 on value. Furthermore, the card comes with a decent reward rate of Rs 0.25 on 1 Zen Point on all categories except fuel transactions. You also get Accelerated rewards on this card with 15 Zen Points on every Rs 150 spent on KayMall. Besides that, you can get rewards of up to 15000 Zen Points on annual spending of Rs 6,00,000, as a Milestone benefit. Another key feature of this credit card is that you get 3 complimentary international lounge access with Priority Pass Membership. What do you think about this credit card? Do let us know in the comments below.

FAQs:

The add-on fee charged is Rs 299. The add-on cardholder should be age 18 years or above.

1 Zen Point = Rs 0.25

You are charged with an annual fee of Rs 1500 on this credit card

You can earn 7500 bonus reward points on spending Rs 3,00,000 and 15,000 bonus reward points on the spending Rs 6,00,000

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