Kotak Mahindra Bank
Kotak League Platinum Credit Card
Data last verified: 11 October 2026
- Joining fee₹499 + GST
- Annual fee₹499 + GST
- Reward rate0.27% on most spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹499 + GST
- Annual fee₹499 + GST
- Fee waiverOn ₹50,000 spend a year
- Forex markup3.5%
- Interest (APR)3.75% a month, 45% a year
League Platinum earns 4 reward points per Rs 150 on regular spends. Once your yearly spend crosses Rs 2 lakh, select categories like airlines, travel agencies, electronics and department stores earn 8 points per Rs 150. Spend Rs 1.25 lakh in six months and you get 4 free PVR tickets or 10,000 bonus points.
The fee is ₹499 plus GST, waived at ₹50,000 annual spend, which most users will cross. You also get 5,000 reward points once the joining fee is paid.
It suits people who want a cheap card with movie perks and UPI payments. The honest catch is the base return. At about 0.27% on everyday spends, the points are worth little unless you hit the milestones.
Best for: Moviegoers, First-time card users, UPI payment users, Low to moderate spenders.
01Kotak League Platinum Credit Card Rewards and Benefits
02Kotak League Platinum Credit Card Annual Fee and Charges
- Joining fee
- ₹499 + GST
- Annual fee
- ₹499 + GST
- Spend-based waiver
- Annual fee waived on ₹50,000 spend in a year (rent and wallet loads not counted)
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- 3.75% a month (45% a year)
- Fuel surcharge waiver
- No
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹20,000 on everything else, earning 0.27%₹54
- Back each month, ₹648 a year₹54
- Annual fee with 18% GST (waived at this spend)₹0
- In your pocket each year₹648
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Spending ₹4,167 or more a month: the ₹589 fee is waived
Skip it if…
- you spend less than ₹4,167 a month (₹50,000 a year, rent and wallet loads not counted): the ₹589 fee is then charged
- most of your spending is fuel, rent, insurance or education: those earn nothing on this card
- you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
04Product Details
- Joining and annual fee: ₹499 plus GST
- Fee waived on ₹50,000 annual spend
- 4 reward points per ₹150 on regular spends
- 8 points per ₹150 on select categories after ₹2 lakh yearly spend
- 4 PVR tickets or 10,000 bonus points on ₹1.25 lakh spend every 6 months
- Works with UPI
05Pros and Cons
Pros
- Fee waiver at just ₹50,000 a year
- Half-yearly milestone of free PVR tickets or bonus points
- 5,000 welcome points after paying the fee
- Can be linked to UPI
Cons
- Base return is only about 0.27%
- Higher earning needs ₹2 lakh yearly spend first
- 3.5% forex markup
- No lounge access
06How Kotak League Platinum Credit Card earns Rewards
0.27% on most spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.27% | No cap | The card's normal rate |
| Dining and food delivery | 0.27% | No cap | The card's normal rate |
| Groceries | 0.27% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.27% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.27% | No cap | The card's normal rate |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | Earns nothing | - | earns nothing on this card |
| School and college fees | Earns nothing | - | earns nothing on this card |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 0.27% | No cap | The card's normal rate |
| Everything else | 0.27% | No cap | The card's normal rate |
Terms on the base rate. 4 points per ₹150 (~0.27% at ₹0.10/point); 8 per ₹150 (~0.53%) on travel, airlines, consumer durables, electric sales & departmental stores and above ₹2 lakh annual. Utility earns only to ₹35,000 a cycle. Points accrue in whole ₹150 multiples and expire after 2 years; min 2,000 to redeem
Point value. 1 point is worth about ₹0.1 at the bank's stated value.
07Kotak League Platinum Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.27% back (the normal rate). See what it costs on your trip
Also on the card. milestone bonuses, movie ticket offers.
- Milestone bonuses: Milestone bonus, 10,000 reward points (or 4 PVR tickets) on ₹1.25 lakh of spend in a six-month period
- Milestone bonuses: Milestone bonus, second half-year, a further 10,000 reward points (or 4 PVR tickets) once annual spend reaches ₹2.5 lakh, i.e. ₹1.25 lakh in each six-month period
- Movie ticket offers: Milestone movie benefit: each milestone above can be taken as 4 PVR tickets instead of 10,000 reward points (capped ₹400 a ticket, PVR cities only).
08Kotak League Platinum Credit Card Eligibility and Documents
- Age
- 21 to 60 years
- Employment
- Salaried or self-employed
- Minimum monthly income
- ₹41,667
Documents. PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
09Recent Changes
What Kotak Mahindra Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 1 Jun 2025 | Reduced: Finance charge raised; 1% category fees added | 3.5% per month finance charge; no category transaction fee | 3.75% per month; 1% fee on select categories over per-cycle limits |
| 1 Jun 2025 | Reduced: Reward point cash value cut ₹0.10 → ₹0.07Source: Kotak Mahindra Bank | ₹0.10 per point | ₹0.07 per point (min 2,000 points to redeem) |
| 1 Jun 2025 | Reduced: Several categories dropped from reward earningSource: Kotak Mahindra Bank | Utility, fuel, rent, education, insurance, government, wallet & gaming earned points | These categories earn nothing; utility capped at ₹35,000 per statement cycle |
| 2021 | Changed: Kotak League Platinum in market | - | 4 points per ₹150 base, 8 per ₹150 on select categories |
See this card's change history → · All card changes in June 2025 →
10Cards Similar to Kotak League Platinum Credit Card
Kotak League Platinum Credit Card is a rewards card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | Kotak League Platinum Credit Card |  Federal Scapia Credit card |  SBI BPCL Credit Card |
|---|---|---|---|
| Joining fee | ₹499 + GST | Lifetime free | ₹499 + GST |
| Annual fee | ₹499 + GST | Lifetime free | ₹499 + GST |
| Rewards | 0.27% on most spends | 2% on most spends; 4% only at partner merchants | 0.25% base, up to 1.25% on dining; 3.25% only at partner merchants |
| Domestic lounge | Not included | Unlimited | Not included |
| Forex markup | 3.5% | 0% | 3.5% |
| Type | Rewards | Travel | Fuel |
11Explore More
Card facts last verified 11 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your Kotak League Platinum Credit Card Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
Is the ₹499 fee waived?
Yes, when you spend ₹50,000 in a year.
How do I get free movie tickets?
Spend ₹1.25 lakh in six months to get 4 PVR tickets or 10,000 bonus points.
Can I use it on UPI?
Yes, it works as a UPI credit card.
What is the forex markup?
3.5% on foreign currency spends.
What is the joining fee for the Kotak League Platinum Credit Card?
The joining fee is ₹499 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the Kotak League Platinum Credit Card?
The annual fee is ₹499 + GST.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with Kotak Mahindra Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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