Kotak Zen Credit Card
Kotak Mahindra Bank
Last verified: 23 Sept 2026
Reward Program
| Category | Earn Rate | Monthly Cap |
|---|---|---|
Shopping — apparels, lifestyle goods, departmental stores and jewellery | 1.67% | ₹6,500/monthly |
| All other spends | 0.83% | No cap |
Redemption fee: 0
Managed via Kotak Rewards portal, Kotak contact centre
Transfer partners
Live Offers
20 activeBenefits
Lounge Access
2 domestic visits/quarter
0.8 international visits/quarter
2 domestic lounge visits per quarter, gated from 1 June 2025 on spending ₹75,000 or more in the previous calendar quarter, plus 3 complimentary Priority Pass international visits per calendar year at 1,300+ lounges, accessed by presenting the credit card. A new cardholder gets no domestic access in their first quarter.
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹500 and ₹5,000, capped at ₹3,500 in an anniversary year. Fuel earns no Zen Points.
Welcome Benefit
1,500 Zen Points
Credited only on payment of the ₹1,500 joining fee — not available on the free variant.
Milestone Benefits
Not every spend counts toward these targets — see what is excluded.
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹1,500/yr |
| Renewal Fee | ₹1,500/yr |
| Fee Waiver | Spend ₹1,50,000/year |
| Forex Markup | 3.5% |
| Interest Rate | 45% p.a. |
| Cash Advance Fee | 2.5% of the advance amount, subject to a minimum of ₹500. |
| Reward Redemption Fee | 0 |
Spends That Don’t Count
Kotak leaves these categories out when totalling your spend. They still earn rewards where the card pays on them — they just do not move you toward the target below.
Excluded from the fee waiver
Toward the ₹1,50,000/year waiver
- EducationCoaching, College fees, Online courses, School fees
- Everything elseRent, Society maintenance, Tax and government fees, Wallet top-ups
- Getting aroundFuel
- InsuranceHealth, Motor, Other cover
- SubscriptionsGaming
- TravelForex card loads
- UtilitiesBroadband, DTH or cable, Electricity, Mobile recharge, Piped gas, Water
Excluded from milestone spends
Toward the milestone targets above
- EducationCoaching, College fees, Online courses, School fees
- Everything elseRent, Society maintenance, Tax and government fees, Wallet top-ups
- Getting aroundFuel
- InsuranceHealth, Motor, Other cover
- SubscriptionsGaming
- TravelForex card loads
- UtilitiesBroadband, DTH or cable, Electricity, Mobile recharge, Piped gas, Water
