Kotak Myntra Credit Card

Overview

Updated On: August 24, 2026 | AB Published by: Amit B | 2 min read

Myntra Kotak Credit Card is a cobranded cashback credit card by Myntra and Kotak Mahindra Bank. This highly rewarding credit card gives high instant discount on all shopping orders on Myntra and real unlimited cashback on most of the other spend. On top of it, it gives attractive movie tickets benefits. Interestingly, the card is available in both MasterCard and Rupay payment networks. Due to availability of this card on Rupay Network, it can be used for UPI payments also, although UPI payments using this credit cards are not so rewarding.Overall, the instant discount offers and attractive cashback rates makes this card, not only ideal for shopping on Myntra, but also for other routine spend.Please note that this card has been permanently discontinued by Kotak Mahindra Bank and is no longer available for both existing and new customers.

Pros

It gives instant discount instead of usual cashback which other cards give. So, no need to wait for cashback,
There is no limit on instant discount on monthly basis. You can get Myntra discount unlimited times. There is a limit of Rs.750 but that's per transaction basis. So, user can simply divide the Myntra orders in multiple transactions and can get full 7.5% instant discount without touching the upper limit on discount.
1.25% Unlimited Cashback on Other Spend which is higher than most other popular cashback credit cards.
Many times, when Kotak Credit Card gives 10% instant discount during Myntra sales, this card offers 12.5% instant discount.
Reasonable fee
Available on Rupay Network, so can be used for UPI payments as well

Cons

Zero cashback on UPI transactions below Rs.2000
Many of the times during sale on Myntra, other Kotak Credit Cards gives 10% instant discount but this credit card gives just 7.5% discount.
Add-on credit card is not free. There is a charge of Rs.353 per annum including GST. There is hardly any credit card which charges for an Add-on credit card.

Fees & Charges

Joining / Annual Fee ₹ 590

Renewal Fee ₹ 590

Annual Spend Target for Fee Waiver ₹ 200,000

Minimum Annual Income Required ₹ 399,999

Rewards and Benefits

Reward Rate

7.5

Base Reward Rate

1.25%

Accelerated Reward Rate

7.5%

Welcome Benefits

Rs.500 Myntra Giftcard on Completing 1 transaction worth Rs. 500 or more (Only applicable on paying Joining Fee)

Renewal Benefits

N/A

Rewards & Cashback Details

Myntra: 7.5% Instant Discount upto Rs.750 per transaction on Myntra (No monthly discount limit on Myntra)
Partner Brands: 5% Cashback upto Rs.1000 per Monthly Statement Cycle on Preferred Partners (ClearTrip, PVR, Swiggy, Swiggy Instamart, Urban Company
Other Spend: 1.25% Unlimited Cashback on Other Spend

Rewards Redemption

On Myntra, you get instant discount. So, no wait for cashback or reward point redemption
On all other eligible spend category, you get real cashback in credit card statement. No acton required by customer.

Additional Benefits

Domestic Airport Lounge

Movie Benefits

International Airport Lounge

Railway Lounge Access

Dining Benefits

Golf Benefits

Lifestyle Benefits Details

Movie Tickets: Enjoy 2 complimentary PVR tickets worth Rs.250 each on spending over Rs.50,000/- every calendar quarter
Airport Lounge Access: 4 Domestic Lounge Access per year (One per Quarter)

Features & Benefits

Cashback

Airport Lounge

Utility Bills

Insurance

NPS

Education

Government Payment

Gift Cards

Jewellery

Rewards on EMI

Reward Points

Airmiles

Fuel

Rent

Wallet Load

No Cashback / Rewards Categories

Fuel
Rent
Wallet Recharges
UPI transactions (on Rupay variant only) for Rent, Wallet, Fuel, EMI transactions, Education
All UPI transactions below or equal to Rs.2000/- does not earn any cashback

Ratings & Reviews

4.4

Overall Rating

Reward Rate

5/5

Lifestyle Benefits

3/5

Ease of Reward Redemption

5/5

Value For Money

5/5

Customer Service

4/5

Detailed Review

The Myntra Kotak Credit Card is a highly underrated cashback credit card, offering exceptional benefits not only for shopping on Myntra but also for various other purchases. It provides a 7.5% instant discount on every purchase made on Myntra, making it one of the best cards for shopping on the platform. The discount limit of Rs.750 applies per transaction, allowing you to maximize your savings by splitting your shopping into multiple transactions to get the full 7.5% discount on each.Additionally, the instant discount feature means you don't have to wait for cashback—your savings are applied immediately. Moreover, the card offers a 1.25% cashback on all other spending, including offline purchases, making it a solid choice for everyday use as well.

Eligibility & Important Info

Eligibility Criteria

Primary Credit Card holders should be in the age bracket of 21 years to 65 years. Add-on Card holder should be 21 years and above
Should be a resident of India
Income: Rs.4 Lacs per annum or more