M16S / Kotak Mahindra Bank / IndiGo Kotak Premium (XL) Credit Card
mid · cobrand, travel
IndiGo Kotak Premium (XL) Credit Card
The IndiGo Kotak Premium (XL) Credit Card costs Rs 3,000 a year. It earns 2 BluChips per Rs 100. The forex markup is 3.5%. Lounge visits in India: 8 per year (2 per calendar quarter). Read from the issuer's own documents on 31 Oct 2026.
- Annual fee
- Rs 3,000+ GST
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- —
Apply on kotak.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 3,000 |
|---|---|
| Annual fee | Rs 3,000 |
| Fee notes | Rs 3,000 joining and annual, no spend waiver. If the fee is waived, welcome and renewal benefits are not given. |
Rewards
| Welcome benefit | 4,000 IndiGo BluChips voucher plus a 6E Eats voucher; same again on each renewal fee paid |
|---|---|
| Reward currency | IndiGo BluChips |
| Base earn | 2 BluChips per Rs 100 |
| Point value | Set by IndiGo; not stated by the bank |
| Accelerated earn | Up to 21 BluChips per Rs 100 on IndiGo bookings on IndiGo web/app (8 member base + 5 card + 4 channel + up to 4 tier bonus); 3 per Rs 100 on dining and entertainment |
| Caps | No cap stated |
| Spends that earn nothing | Rent, wallet, education, government, utilities, insurance, online skill-based gaming, B2B; IndiGo bookings on third-party sites; group, corporate, SME and agent bookings |
| Points expiry | BluChips: lifetime validity per issuer page. Vouchers: 6 months. |
| Milestone benefits | 4,000 BluChip voucher each at Rs 1.5 lakh, 4 lakh, 7.5 lakh and 12 lakh anniversary-year spend (max 16,000) |
| Reward notes | BluChip value is set by IndiGo and is not stated by Kotak. Welcome, milestone and renewal benefits come as BluChip vouchers valid 6 months, usable on base fare only, not on return or multi-segment trips, and consumed in full on use. base_return_pct null because the bank states no BluChip value. Only 5 of the 21 BluChips per Rs 100 on IndiGo come from the card itself. |
Travel and perks
| Domestic lounge | 8 per year (2 per calendar quarter) |
|---|---|
| International lounge | None |
| Lounge conditions | No spend condition per issuer FAQ |
| Forex markup | 3.5% |
| Fuel surcharge waiver | Not eligible |
Charges and eligibility
| Late payment fee | By outstanding balance: <=100 nil; 100-500 Rs 100; 500-1,000 Rs 500; 1,000-5,000 Rs 600; 5,000-10,000 Rs 750; 10,000-25,000 Rs 900; 25,000-50,000 Rs 1,100; >50,000 Rs 1,300 |
|---|---|
| Cash advance fee | 2.5% min Rs 500 |
| Eligibility | Not stated on issuer page |
| Fine-print notes | Named both 'IndiGo Kotak XL' and 'IndiGo Kotak Premium' on the bank's site. MITC interest row for this card was not legible. MITC surcharges: 1% on utility spend above Rs 75,000/cycle, fuel above Rs 50,000/cycle, wallet loads above Rs 10,000/cycle, online gaming above Rs 10,000/cycle, education via third-party apps; rent 1% + GST. |
Questions
- What is the annual fee of the IndiGo Kotak Premium (XL) Credit Card?
- Rs 3,000 a year, before GST.
- Does the IndiGo Kotak Premium (XL) Credit Card give airport lounge access?
- Yes. In India: 8 per year (2 per calendar quarter). Outside India: none listed. Conditions: No spend condition per issuer FAQ
- What is the forex markup on the IndiGo Kotak Premium (XL) Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the IndiGo Kotak Premium (XL) Credit Card?
- Rent, wallet, education, government, utilities, insurance, online skill-based gaming, B2B; IndiGo bookings on third-party sites; group, corporate, SME and agent bookings