SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for movies and shopping.
Why it can work
It combines accelerated rewards on special categories (travel, airlines, department stores, electronics & durable goods) and milestone rewards.
Where value may drop
The renewal fee is waived only on Rs 50,000 of annual spend. Fuel, rent, and insurance don't earn rewards. The 3.5% forex markup is high for overseas use.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many Kotak Reward Points you earn and what they are worth.
Milestone rewards
Milestone value is estimated and only counts once you reach each spend threshold.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Kotak Reward Points/yr |
|---|---|---|
| Travel (cab, train, etc.) | Rs 5,000 | 3,200 |
| Flight bookings | Rs 5,000 | 3,200 |
| Other spends | Rs 8,000 | 2,560 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Best for / avoid if
Who this card suits — and who should skip it.
Best for Special Categories (Travel, Airlines, Department Stores, Electronics & Durable Goods)
8 Reward Points / ₹150 spent on special categories
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on fuel, rent, and insurance
These categories are excluded and won't earn rewards.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate |
|---|---|
| Special Categories (Travel, Airlines, Department Stores, Electronics & Durable Goods) | 8 Reward Points / ₹150 spent on special categories |
| Other eligible spends (under ₹2 Lakhs annual spends) | 4 Reward Points / ₹150 spent |
| Other eligible spends (above ₹2 Lakhs annual spends) | 8 Reward Points / ₹150 spent |
Redemption
| Voucher partner | Programme / collection | Ratio |
|---|---|---|
| Brand e-Vouchers | Shopping & gift vouchers via Kotak Rewards | 1 point = Rs 0.10 |
| Travel bookings | Flight & hotel bookings via Kotak Rewards | 1 point = Rs 0.10 |
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
Exclusions
Categories that earn no rewards on this card.
- Fuel spends
- Rent payments
- E-wallet loading transactions
- Online skill-based gaming transactions
- Insurance spends
- Government spends
- Education spends
- Railway ticket bookings
- EMI transactions
- Cash advance / withdrawals
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- 5,000 Reward Points (worth Rs 500) upon payment of joining fee
Additional benefits
- 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000 (max ₹3,500 per anniversary year)
- Railway surcharge waiver (max ₹500 per anniversary year)
Additional details
- Points can be redeemed via the Kotak Rewards portal (kotakrewards.com) at a value of ₹0.10 per point for vouchers and travel bookings.
- Points can also be redeemed as statement credit at a value of ₹0.07 per point, with a minimum threshold of 2,000 points.
Eligibility
Check this before you apply.
Salaried
- Age: 21 to 60 years
- Minimum Annual Income: Rs 5,00,000
- Resident of India
Self-employed
- Age: 21 to 60 years
- Minimum Annual Income: Rs 5,00,000
- Resident of India
Compare before you decide
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