What is the annual fee of the Myntra Kotak Credit Card?

Rs 500 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.

Does the Myntra Kotak Credit Card give airport lounge access?

Yes. In India: 1 per quarter. Outside India: none listed.

What is the forex markup on the Myntra Kotak Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Myntra Kotak Credit Card?

Wallet loads, rent, fuel, EMI; UPI earns only on txns of Rs 2,000 or more

M16S / Kotak Mahindra Bank / Myntra Kotak Credit Card

entry · cobrand, cashback, shopping

Myntra Kotak Credit Card

Kotak Mahindra Bank · with MyntraLast checked 11 Oct 2026closed to new applicants

The Myntra Kotak Credit Card costs Rs 500 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 1.25% (1.25% on other spends). Accelerated earn: 7.5% instant discount on Myntra (cap Rs 750 per txn); 5% on Swiggy, Instamart, Cleartrip, Urban Company, PVR. The forex markup is 3.5%. Lounge visits in India: 1 per quarter. Read from an aggregator, not the issuer on 11 Oct 2026.

Annual fee: Rs 500+ GST
Fee waived at: Rs 2,00,000annual spend
Base return: 1.25%
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Joining feeunverified	Rs 500
Annual feeunverified	Rs 500
Annual spend that waives the feeunverified	Rs 2,00,000
Fee notes	Rs 500 joining and annual; annual waived on Rs 2 lakh spend (aggregator).

Rewards

Welcome benefitunverified	Rs 500 Myntra voucher on a first txn above Rs 500 within 30 days
Reward currency	Cashback
Base earnunverified	1.25% on other spends
Base return	1.25%
Accelerated earnunverified	7.5% instant discount on Myntra (cap Rs 750 per txn); 5% on Swiggy, Instamart, Cleartrip, Urban Company, PVR
Capsunverified	Partner 5% cashback capped at Rs 1,000 per cycle
Spends that earn nothingunverified	Wallet loads, rent, fuel, EMI; UPI earns only on txns of Rs 2,000 or more
Milestone benefitsunverified	2 PVR tickets (Rs 250 each) on Rs 50,000 quarterly spend

Travel and perks

Domestic loungeunverified	1 per quarter
International lounge	None
Forex markupunverified	3.5%
Fuel surcharge waiverunverified	1% on Rs 500-3,000, cap Rs 3,500 a year

Charges and eligibility

Interest per monthunverified	3.75%
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
Fine-print notes	Discontinued 10 July 2025 per Card Insider. Not in Kotak's current MITC fee table or listing page; all fields are aggregator-sourced and describe the card as last sold.

Questions

What is the annual fee of the Myntra Kotak Credit Card?: Rs 500 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
Does the Myntra Kotak Credit Card give airport lounge access?: Yes. In India: 1 per quarter. Outside India: none listed.
What is the forex markup on the Myntra Kotak Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Myntra Kotak Credit Card?: Wallet loads, rent, fuel, EMI; UPI earns only on txns of Rs 2,000 or more