Kotak Myntra Credit Card: Fees, Rewards & Benefits
Shopping card with lounge access
The Kotak Myntra card delivers genuine value for Myntra and lifestyle-app shoppers through a 7.5% instant Myntra discount and 5% partner cashback, with cashback valued at a full 1.0/point and a low Rs.500 waivable fee. The 1,000-point monthly partner cap and 3.5% forex markup are the main constraints.
Shopping card with lounge access
The Bottom Line
The Kotak Myntra is built for myntra and lifestyle shopper and online cashback seeker. With a ₹500 annual fee that is waived on ₹2,00,000 yearly spend, it offers 1.25% rewards on myntra (shopping) and a welcome benefit worth ₹500. It makes the most sense if your spending matches myntra and lifestyle shopper and online cashback seeker.
It earns a base reward rate of 1.25% and stacks best when your spending lines up with Myntra and lifestyle shopper, Online cashback seeker. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.
Who Should Get This Card
Use this as a quick filter before comparing rewards or fees in detail.
Best fit for
IdealFrequent Myntra buyers who also use Swiggy, PVR, Cleartrip or Urban Company can stack 7.5% Myntra discounts with 5% partner cashback.
Those wanting straightforward 1.25% base cashback plus 4 domestic lounges at a low waivable fee.
Probably not for
SkipThe 3.5% forex markup and lack of international lounge access undercut overseas value.
These categories earn no cashback, and EMI conversion reverses earned cashback.
Is It Worth It For You?
Slide to your typical monthly card spend. We'll do the rest.
Calculate Your Value
Adjust your typical monthly spend by category.
Spend ₹2,00,000 more to waive annual fee
Sign in for personalized estimates based on your actual spending
Reward Rates
Kotak Myntra offers 1.25% basic reward rate.
Quick Calculator
Estimate earnings for a specific purchase
Welcome Offer
Myntra e-gift voucher worth Rs.500 on completing a transaction of Rs.500 or more within 30 days of card issuance. Some sources also mention a Rs.500 Myntra voucher on card activation.
Milestone Benefits
On quarterly spends of Rs.50,000, get complimentary movie tickets (reported as 2 complimentary PVR tickets, ~Rs.250 each) per quarter.
Annual fee of Rs.500 waived on annual spends of Rs.2,00,000 in the previous year.
Fees & Charges
Eligibility
- Min Credit Score: 750
- Discontinued from July 10, 2025; was age 18-65; annual fee Rs 500 waived on Rs 2,00,000 spend; cardholders migrated to Kotak League Platinum/Zen.
Exclusions & Terms
Forex markup
- Foreign currency markup
EMI transactions
- Does not earn cashback.
Post Purchase EMI
- Does not earn cashback; cashback already credited is reversed on EMI conversion.
Cash advances
- Does not earn cashback.
Frequently Asked Questions
3 data-backed answers from our card database
Explore more on Vyaya
Bank comparisons
Guides & best picks
Browse by category