Myntra Kotak Credit Card
Discontinued
- Joining Fee
- ₹500 + GST
- Renewal Fee
- ₹500 + GST
- Best Suitable For
- Shopping | Food
- Welcome Benefits
- Myntra voucher worth Rs. 500 on making 1 transaction above Rs. 500 inside 30 days of card issuance
- Forex Markup
- 3.5%
Myntra is among the top E-Commerce fashion companies in India, featuring apparel from some of the best global and Indian brands. Kotak Mahindra Bank and Myntra have partnered to launch their co-branded credit card. The Myntra Kotak credit card is exclusively designed for the younger generation who are fashion enthusiasts and love shopping on Myntra.
With this credit card, you can earn exclusive cashback on your Myntra purchases as well as on other partner brands. The card also offers a complimentary membership to Myntra Insider and a Rs. 500 worth of Myntra voucher as a welcome benefit. Other than this, you can enjoy complimentary lounge access, milestone benefits, and much more. Check out our Myntra Kotak credit card review to learn about the features and benefits offered by the card, its fees and charges, and other important information related to this co-branded card.
As of 10th July 2025, the Myntra Kotak Credit Card has been discontinued.
Rewards and Benefits
- Rewards Rate
- 7.5% discount on Myntra spends, 5% cashback on partner brands, 1.25% cash back on other spends
- Welcome Benefits
- Myntra voucher worth Rs. 500 on making 1 transaction above Rs. 500 inside 30 days of card issuance
- Reward Redemption
- Cashback is automatically credited to the card statement
- Movie & Dining
- 5% cashback on Swiggy, 2 complimentary PVR tickets on spends of Rs. 50,000 per quarter
- Travel
- Complimentary lounge access
- Golf
- N/A
- Domestic Lounge
- 1 complimentary lounge access per quarter
- International Lounge
- N/A
- Insurance Benefits
- N/A
Fees and Charges
- Joining Fee
- ₹500 + GST
- Renewal Fee
- ₹500 + GST
- Spend-Based Waiver
- Rs. 2 Lakhs in the previous year
- Rewards Redemption Fee
- Nil
- Forex Markup
- 3.5%
- Interest Rates
- 3.7% per month or 44.4% per annum
- Fuel Surcharge Waiver
- 1% fuel surcharge waiver
- Cash Advance Charges
- 2.5% of the Cash Withdrawn (Minimum Charge of ₹500)
Product Details
- Myntra voucher worth Rs. 500 on making 1 transaction above Rs. 500 within 30 days of card issuance
- 7.5% discount on Myntra spends, capped at Rs. 750 per transaction
- 5% cashback on partner brands like Swiggy, PVR, Urban Company, etc., capped at Rs. 1000 per cycle
- Unlimited 1.25% cash back on other online and offline spends, with a few exclusions
- Complimentary Myntra Insider program membership
- 1 complimentary domestic lounge access per quarter
- 2 complimentary PVR tickets worth Rs. 250 on spends of Rs. 50,000 per quarter
- Renewal fee waiver on spends of Rs. 2 Lakhs in the anniversary year
- 1% fuel surcharge waiver on transactions between Rs. 500 to Rs. 3000
Myntra Kotak Credit Card – Rewards and Benefits
Welcome Benefit
You get a Myntra voucher worth Rs. 500 on activating your card and making 1 transaction above Rs. 500 within 30 days of getting the card. The voucher is sent to the cardholder via SMS or email within 30 days and can be used to get the discount.
Myntra Insider Program Membership
The credit card offers a complimentary membership to the Myntra Insider program, offering exclusive offers and benefits to the cardholder.
- The cardholder is onboarded to the program within 7 days of credit card issuance.
- The cardholder is onboarded as a Select Member of the program and will need to spend Rs. 7000 minimum and place at least 5 orders in the year on Myntra to maintain the tier.
- The cardholder gets access to benefits like early access to sales and offers, free shipping, exclusive savings and offers, Supercoins, and much more.
Airport Lounge Access
You can get 1 complimentary domestic lounge access per quarter, where you can enjoy privileges like comfortable seating, gourmet meals, newspapers and magazines, free WiFi, and widescreen TVs.
Milestone Benefits
Get 2 complimentary PVR movie tickets, each worth Rs. 250, on spends of Rs. 50,000 or more in the calendar quarter. Wallet reloads, rent, and fuel spends are not considered towards the benefit.
Renewal Fee Waiver
The annual fee can be waived off on spending Rs. 2 Lakhs or more in the card anniversary year.
Fuel Surcharge Waiver
You get a 1% fuel surcharge waiver on transactions between Rs. 500 to Rs. 3000. You can get a maximum benefit of Rs. 3500 per year, but fuel spends are not eligible to earn cashback.
Myntra Kotak Credit Card Cashback & Rewards
Instant Discount on Myntra Spends
Get an instant 7.5% discount on all your spends on the Myntra website or mobile application. The discount is capped at Rs. 750 per transaction.
Cashback on Preferred Partners
Get 5% cashback on your spends at preferred partners Swiggy, Swiggy Instamart, Cleartrip, Urban Company, and PVR. The cashback is capped at Rs. 1000 per month and is automatically credited to the card statement.
Base Cashback
You can get an unlimited 1.25% cashback on all other spends made at offline and online merchants with the Kotak Myntra credit card.
There are a few exclusions on the base cashback –
- Cashback is not applicable on wallet reloads, rent, and fuel spends
- Transactions converted to EMIs are not eligible for cashback, and if you have received cashback, it will be reversed on converting the transaction to EMI.
- Myntra Kotak Credit Card UPI transactions will accrue a cashback of 1.25% only on transactions of Rs. 2000 or more.
Reward Redemption
The cashback earned by the cardholder is automatically credited to the credit card statement.
Myntra Kotak Credit Card – Fees and Charges
Here are the fees and charges associated with the Myntra Kotak Credit Card –
- The card charges a joining and annual fee of Rs. 500 plus taxes
- The card charges an interest rate of 3.7% per month and 44.4% per annum
- The foreign currency markup on the card is 3.5% of the transaction amount
- The ATM cash withdrawal fee on the card is 2.5% (a minimum of ₹500)
- The add-on card fee is Rs. 299, and the card replacement fee is Rs. 200
Other Cards Similar to the Myntra Kotak Credit Card
Flipkart Axis Bank Credit Card
The Flipkart Axis Bank credit card is great for people who regularly make spends at Flipkart. You can get 5% cashback on Flipkart transactions and also on popular merchants like Uber, Swiggy, PVR, etc. The card also offers complimentary lounge access, a fuel surcharge waiver, and exclusive dining benefits with the Dining Delights program.
- Rs. 600 worth of welcome benefits with the card
- 5% cashback on Flipkart spends
- 4% cashback on preferred partners PVR, cult.fit, Uber, etc.
- 4 complimentary domestic lounge access
Cashback SBI Credit Card
The Cashback SBI card is newly launched by the bank and offers cashback on almost all spends made by you. The card offers up to 5% cashback on online spends and 1% cashback on offline spends made by you. The annual fees of the card is Rs. 999 plus taxes, but you can get it waived on spending Rs. 2 Lakhs or more in the year.
- 5% cashback on online transactions
- 1% cashback on offline transactions
- Cashback is capped at a maximum of Rs. 5000 per month
- Spend-based annual fee waiver
Myntra Kotak Credit Card Review by Card Insider
Myntra has always been one of the favorite portals for online shopping among youngsters and has the best clothing and apparel for everyone. Kotak Mahindra Bank and Myntra have launched their co-branded Myntra Kotak credit card, which is perfect for young millennials and fashionistas. With this card, you get unlimited discounts on your spends on Myntra.
Apart from this, you also earn cashback on spends made at partner brands and unlimited 1.25% cashback on other offline and online spends, excluding a few categories. Earlier, the card could be availed at a nominal charge of Rs. 500, which is now waived for a limited time. Customers can now get the Myntra Credit Card at zero joining charge. The annual fee shall also be waived for a period of three years. Also, you get complimentary lounge access, milestone benefits, Myntra Insider membership, and many other exciting privileges.
Head over to the comments section to tell us your thoughts regarding this new co-branded Kotak Myntra credit card and if you plan on applying for it.
Frequently Asked Questions
How much discount do I get on spends at Myntra with the credit card?
Cardholders get an unlimited discount of 7.5% on all spends made on the Myntra website and mobile application. The discount is capped at a maximum Rs. 750 per transaction.
Which are the preferred partner brands on which I receive additional cashback?
You get 5% cashback on your spends at preferred partners Swiggy, Swiggy Instamart, Cleartrip, Urban Company, and PVR. The cashback is capped at Rs. 1000 per month and is automatically credited to the card statement.
Do I get complimentary lounge access with the credit card?
Yes, you get 1 complimentary domestic lounge access per quarter with the card. You can enjoy privileges like comfortable seating, gourmet meals, newspapers and magazines, free WiFi, and widescreen TVs.
What are the milestone benefits on this credit card?
You can get 2 complimentary PVR movie tickets, each worth Rs. 250, on spends of Rs. 50,000 or more in the calendar quarter, as the milestone benefit. Wallet reloads, rent, and fuel spends are not considered towards the benefit.
What is the cash withdrawal fee on this credit card?
The ATM cash withdrawal fee on the credit card is 2.5%, subject to a minimum amount of ₹500.
Reader Comments
20 comments · Join the discussion below
If I buy something through this card and get some points, but then I return that item will the points stay in my account or not?
You shall get instant cashback if you return the item your amount shall be refunded.
Will I get an instant discount on all orders?
Instant 7.5% discount on Myntra orders up to Rs. 750
How Much Discount Will I Get With This Card?
7.5% instant discount on Myntra and 5% cashback on partner merchants.
How often does the rate of interest change on these cards and on what basis?
It is highly unlikely that the rate of interest would change for the Myntra Kotak Credit Card.
Can I link this card to online payment platforms like Paytm or Google Pay?
Yes, you can.
Cashback only on 2000 or more single transactions. Rupay card UPI cashbacks also same. No rewards on small amount transactions i. e. Lower than rs.2000 on single transaction. Thts the main drawback
That might change soon, since NPCI has issued new directives. Lets wait and see.
I Want Myntra Credit Card
Currently Kotak is not issuing any new credit cards due to RBI guidelines.
If I lost my card, How much time would it take to get me a new one?
I think you would get the replacement card in 10 to 12 days.
I see the annual and renewal fees are marked as free. But Kotak’s website says it is 500 rupees for both. Which is true 😭
Its a limited time offer. You shall have to apply through the Myntra Mobile App to receive the offer. Only a select few are pre qualified for it.
I have kotak league platinum rupay card , i want kotak myntra rupay card, my old card approved in jan 2024 , when can i apply for 2nd kotak card??
Currently no new Kotak Credit Cards are being issued.