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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | (-2.0%)^ | 0.3% | 1.5% | 2.1% | 2.3% |
| Est. Monthly Reward (₹) | (105) | 30 | 290 | 1,035 | 2,335 |
| All-India Rewards Rank* | 278 | 174 | 34 | 22 | 5 |
| Within Bank Rank* | 15 | 10 | 1 | 1 | 1 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^ The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee. |
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We think the Kotak IndiGo Ka-ching 6E Rewards XL Credit Card is the best choice for Kotak Mahindra Bank customers who charge ₹20,000+ a month on their card. You can earn a net rewards yield of up to 2.3% with this card.
The 811 #DreamDifferent Credit Card is the best entry level credit card from Kotak Mahindra Bank, with a yield of 0.4-1%.
If you spend between ₹10,000 – 20,000 a month on your card, consider the Kotak Indigo Ka-ching 6E Rewards Credit Card with a yield of 0.7-1.1%
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | |
|---|---|
| Card Type | Reward |
| Cashback Features | 6% effective discount on: – Flight tickets on Indigo 3% effective discount on: 2% effective discount on: |
| Milestone Rewards | N/A |
| Other Rewards | 2 Complimentary Airport Lounge Visits / Qtr |
| Rewards Redemption Fee | ₹99 |
| Cashback Caps | Unlimited |
| Preferred Redemption Method | Flight Booking on @₹1 / 6E Rewards Point |
| Card | ||
|---|---|---|
| Joining Fee | Nil | |
| Annual Fee | ₹2,500 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
N/A | |
| Income Criteria | Salaried | N/A |
| Self-employed | N/A | |
| Supplementary Card Fee | Free | |
| Interest Rate | 42.00% p.a. | |
| Foreign Currency Markup | 3.50% | |
| Cash Advance Charge | 3.00% with a minimum of ₹300 | |
| Card Association | Visa, MasterCard | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
