M16S / Kotak Mahindra Bank / Kotak Infinite Credit Card
super-premium · rewards
Kotak Infinite Credit Card
The Kotak Infinite Credit Card charges no annual fee and no joining fee. The forex markup is 2%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- —
- Forex markup
- 2%
- Interest
- 3.5%a month
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Nil joining and annual per MITC and issuer listing. |
Travel and perks
| Forex markup | 2% |
|---|---|
| Fuel surcharge waiver | 1% on Rs 400-7,500 txns, cap Rs 4,500; railway surcharge waiver eligible |
| Other freebies | Personalised card design, higher credit limit (issuer listing) |
Charges and eligibility
| Interest per month | 3.5% |
|---|---|
| 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; offered to select banking relationships |
| Fine-print notes | Thin public information; rewards not documented. No overlimit, utility or fuel surcharges per MITC. Status set to invite-only as a judgement: the listing gives no public apply criteria. |
Questions
- What is the annual fee of the Kotak Infinite Credit Card?
- No annual fee.
- What is the forex markup on the Kotak Infinite Credit Card?
- 2% of each foreign-currency transaction, before GST.