The Kotak Air Credit Card costs Rs 999 a year, waived if you spend Rs 2,50,000 in a year. Its base return is 1% (1 Air Mile per Rs 100). Accelerated earn: 3 Air Miles per Rs 100 on flight and hotel bookings via Kotak Unbox. The forex markup is 3.5%. Lounge visits in India: 4 per year, max 2 per calendar quarter. Read from the issuer's own documents on 11 Oct 2026.
MITC: Rs 999 joining and annual, annual waived on Rs 2.5 lakh retail spend in the anniversary year. Issuer listing shows joining Rs 0 as a limited-time offer.
Rewards
Welcome benefit
1,000 Air Miles within 120 days of issuance, only if the joining fee is paid; 1,000 Air Miles on each renewal fee paid
Reward currency
Kotak Air Miles
Base earn
1 Air Mile per Rs 100
Base return
1%
Point value
1 Air Mile = Rs 1 on flights/hotels via Kotak Unbox; Rs 0.50 on instant vouchers
Accelerated earn
3 Air Miles per Rs 100 on flight and hotel bookings via Kotak Unbox
Caps
Accelerated earn capped at 5,000 Air Miles per statement cycle, then 1 per Rs 100
Min 500 miles to redeem; miles can cover at most 80% of a booking. Partner transfers: min 1,000 miles, cap 1,00,000 miles per card per calendar year. base_return_pct = 1 mile per Rs 100 at Rs 1.
Transfers
Partners
Air India Maharaja Club, British Airways, Cathay Pacific Asia Miles, Air France-KLM Flying Blue, United MileagePlus, Qatar Airways Privilege Club, Accor ALL, Marriott Bonvoy
Ratio
Air India 3:1; British Airways, Cathay, Flying Blue, United, Qatar and Accor 2:1; Marriott 3:1. Min 1,000 miles; cap 1,00,000 miles per card per calendar year.
Travel and perks
Domestic lounge
4 per year, max 2 per calendar quarter
International lounge
None
Lounge conditions
Needs spend of Rs 60,000 or more in the previous calendar quarter; primary cardholder only; Rs 2 validation charge
Forex markup
3.5%
Fuel surcharge waiver
1% on Rs 500-5,000 txns, cap Rs 3,500 per anniversary year
Transfers return half a partner mile or less per Air Mile, so Unbox travel at Rs 1 is usually the better use. MITC surcharges: 1% on utility spend above Rs 50,000/cycle, fuel above Rs 35,000/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 Kotak Air Credit Card?
Rs 999 a year, before GST. It is waived if you spend Rs 2,50,000 in a year.
Does the Kotak Air Credit Card give airport lounge access?
Yes. In India: 4 per year, max 2 per calendar quarter. Outside India: none listed. Conditions: Needs spend of Rs 60,000 or more in the previous calendar quarter; primary cardholder only; Rs 2 validation charge
What is the forex markup on the Kotak Air Credit Card?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Kotak Air Credit Card?
