Kotak Air+ Prime Credit Card

Annual feeJoining fee

₹3,000 + GST

Fee waiver rule

Annual fee waived off subject to annual spends of ₹4 Lakhs in an anniversary year

Welcome benefit

3,000 Air Miles within 120 days of card issuance upon payment of Joining Fees

Reward rate

2 Air Miles per ₹100 · everyday spends2 Air Miles per ₹100 spent on other spends, barring exclusions

EMI spend earning

Not offered: EMI Transactions

Fuel earning

Not offered: No Air Miles will be accrued on Fuel Transactions.

Government spend earning

Not offered: Education and Government (8211, 8220, 8241, 8244, 8249, 8299, 9211, 9222, 9223, 9311, 9399, 9402, 9405, 9950)

Insurance spend earning

2 Air Miles per ₹100 spent on Insurance spends, capped at ₹25,000 insurance spends per statement cycle (applicable only for spends on insurance MCC: 6300)

Rent earning

Not offered: Rent (6513)

Reward earning on international spends

Not offered: No Air Miles will be accrued on International Transactions.

Travel earning

5 Air Miles per ₹100 spent on Kotak Unbox: Flight & Flight Add-ons Booking, Hotel & Hotel Add-ons Booking.

Utilities earning

Not offered: Utility/Telecom (4812, 4814, 4899, 4900)

Wallet load earning

Not offered: Wallet Loading (6540)

Reward exclusions

Not offered: Utility, Telecom, Insurance (5960, 6381, 6399), Education, Government, Rent, Fuel, Wallet Loading, EMI, Online Gaming, Cash Advance & International spends.

Reward caps

Accelerated Air Miles capped at 15,000 per statement cycle on flight and hotel bookings, and at 1,500 per statement cycle on Auto Dealer Merchant spends.

What one reward unit is worth

1 Air Mile = ₹1 on Flight and Flight add-ons Booking & Hotel and Hotel add-ons Booking.

Cashback redemptionStatement-credit redemption

Not offered: Reward redemption as statement credit/cashback is not available in Kotak Air+ Prime Credit card.

Flight redemption

1 Air Mile = ₹1 on Flight and Flight add-ons Booking; redemption allowed up to 80% of the booking value

Hotel redemption

1 Air Mile = ₹1 on Hotel and Hotel add-ons Booking; redemption allowed up to 80% of the booking value

Points transfer redemption

Minimum 1,000 Air Miles are required to transfer Air Miles to preferred Airline and Hotel partners, applicable for each transfer every time; no max capping on transferring Air Miles

Airline and hotel partners points may move to

Air Miles to Partner Miles 2:1 for Air India, British Airways, Cathay Pacific, Air France, United Airlines, Qatar Airlines, Air Canada, Etihad Airways and Accor; 3:1 for Marriot Bonvoy.

Point expiry

Air Miles expire 3 Years from the date of accrual.

Smallest number of points that can be redeemed

Minimum 200 Air Miles are required for booking flights and flight add-ons, hotel stays and hotel add-ons and purchasing vouchers instantly on Kotak Unbox

International lounge access

2 Complimentary International Lounge Access for Primary Cardholders in a Calendar Year (No capping on utilisation)

Domestic lounge access

4 Complimentary Domestic Lounge Access in a Calendar Year (for Primary card holders); maximum of 2 Lounges in a Calendar Qtr

Priority Pass

Priority Pass enabled for international lounge access.

Renewal benefitBenefit given each anniversary year

3,000 Air Miles will be credited within 30 days of annual fee payment as renewal benefit

Minimum spend rules

Air Miles are earned on transaction amounts in integer multiples of ₹100; transactions below ₹100 or residual amounts will not earn Air Miles.

Fuel surcharge waiver

1% fuel surcharge waiver for fuel transactions on petrol pumps across India, between ₹400-₹7,500, capped at ₹4,500 in an anniversary year

Add-on card eligibility

Add-on Cards can be issued to the family members of the Primary Card Holder i.e. to the spouse, siblings.

Forex markup

2% on foreign currency transactions.2% on International Transactions

Cash advance fee

2.5% of the advance amount (minimum ₹500)

Interest on unpaid balance

3.50% monthly (42.00% annualized)

Interest-free period

Up to 51 days depending on the Payment Due Date; not applicable if the Total Amount Due is not paid in full

Late payment fee

Outstanding Balance <= ₹100: ₹0, >₹100-₹500: ₹100, >₹500-₹1000: ₹500, >₹1000-₹5000: ₹600, >₹5,000-₹10,000: ₹750, >₹10,000-₹25,000: ₹900, >₹25,000-₹50,000: ₹1,100, >₹50,000: ₹1,300.

Card replacement fee

Card Replacement Fees (Lost & Damaged Cards) ₹100.

Cash payment / cash deposit fee

Fee for Cash Payment at branches ₹100.

Charge for lounge visits beyond the free limit

$35 per visit for International lounge usage after complimentary visits.

Education / school fee charge

Fee on Education Payment 1% transaction fee will be applicable on all education payments made via third-party apps.

Fee on online skill-based gaming spends

Fee on Online Skill-Based Gaming 1% fee on cumulative online skill-based gaming spends exceeding ₹10,000 per statement cycle.

Wallet load charge

Fee on Wallet Loading 1% fee on cumulative wallet loading spends exceeding ₹10,000 per statement cycle.

Rent transaction fee

Fee on Rent Payments 1% fee on transaction amount.

Utility transaction fee

Fee on Utility Spends 1% on cumulative utility spends exceeding ₹75,000 per statement cycle.

GST note

GST/Applicable taxes, would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your Credit Card

Minimum amount due

Note: If you spend ₹1,000 and you pay back exactly the Minimum Amount Due ("MAD") every month then it may result in repayment stretching over 14 months (calculation done with MAD as 1% subject to minimum capping of ₹100) with consequential compounded interest payment on the outstanding amount.

Minimum age

18 years (Kotak issues no card, primary or add-on, to anyone under 18)