Myntra Kotak Credit Card FAQ

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What are the benefits a cardholder can avail on Myntra Kotak Bank Credit Card?

Instant Discount on Myntra

Cardholders get an instant discount of 7.5% on all spends done on Myntra’s app and/or website. Instant discount on Myntra’s app and/or website is capped at Rs. 750 per transacti.on

Cashback on our Preferred Partners

Cardholders get cashback of 5% on all spends done on our curated list of Preferred Partners:

i. Swiggy

ii. Swiggy Instamart

iii. Cleartrip

iv. PVR

v. Urban Company

Instant Cashback on our Preferred Partners are subject to a maximum of Rs. 1000 per billing cycle and will be credited back to the statement within 30 days of completion of transaction.

The merchants listed under the Preferred Partners are subject to revisions by the bank without any prior notice to the customers.

Cashback on All Other Spends

Cardholders get unlimited cashback of 1.25% on all other spends done on the Myntra x Kotak Co-Branded Credit Card. Other spends do not include Fuel, Rent and Wallet Recharges. Rent Payment, Fuel Spends, EMI transactions, Post Purchase EMI, Wallet loading transactions, Cash advances do not qualify as spends where customers can earn cashback

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Are there any Joining and/or Annual Fees associated with the Myntra x Kotak Bank Credit Card?

Cardholder will be charged with only Rs. 500 as Joining fee. The annual fee is also Rs. 500 per annum. Annual Fee will be waived off on spending Rs. 2,00,000 in the previous anniversary year.

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What are “Preferred Partners”?

“Preferred Partners” are set of merchants on which all spends completed will be eligible for accelerated cashback of 5% subject to a maximum of Rs.1000 per billing cycle. They are as follows:

Swiggy
Swiggy Instamart
Cleartrip
PVR
Urban Company

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What are the Activation Benefits associated with Myntra x Kotak Bank Credit Card?

Cardholder will receive a Myntra e-Gift Voucher worth Rs.500 on completing a transaction of Rs.500 and above within 30 days of card issuance.

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How will the customer receive the Myntra e-Gift Voucher?

Post activation i.e. on completion of one transaction over Rs. 500, customer will receive the Myntra e-Gift Voucher on their registered email IDs and mobile number within 30 days of the transaction date.

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Are there any milestones benefits that cardholders get with Myntra x Kotak Bank Co-branded Credit Card?

Yes. Cardholders is entitled to receive 2 PVR tickets worth ₹250 each on achieving spends of Rs.50,000 per calendar quarter.

Spends done on xxxx will not be considered for calculation of milestone benefit.

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How will the cardholder receive the milestone benefits of PVR Tickets?

TBD

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How will the cardholder receive the instant discounts and cashback earned on transactions?

For spends done on Myntra’s app and/or website, customers will get an instant discount that will get applied at the time of check-out

For spends done on Preferred Partners and All Other Spends, customers will get cashback in the form of statement credit within 30 days from the date of settlement

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Are any transactions excluded from cashback?

Rent Payment, Fuel Spends, EMI transactions, Post Purchase EMI, Wallet loading transactions, Cash advances do not qualify as spends where customers can earn cashback

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How can I apply my card?

Users can apply for the credit card from both Kotak and Myntra’s platforms. Click here to start your journey

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What is Myntra Insider Program?

Myntra Insider is Myntra’s loyalty program which is open to registered users on Myntra. A user has to opt-in to join the program. More details can be found here

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Is there any fuel surcharge waiver?

Customers will receive 1% fuel surcharge waiver on minimum transaction Rs. 500 and on a maximum of Rs.3500

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Who can apply for this card?

Primary Credit Card holders should be in the age bracket of 18 years to 65 years.
Add-on Card holder should be 18 years and above
Should be a resident of India

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What are the fees & charges applicable on Myntra x Kotak Bank Co-Branded Credit Card?

You can navigate to the cards fees & charges tab to view the fees and charges applicable. You will also find the same along with Terms & Conditions governing the card on our MITC page (/content/kotakcl/en/personal-banking/cards/credit-cards/mitc-and-ca.html ).