Card Image
Kotak Mojo Platinum
Annual Fee
₹500
Rewards/₹100 ⓘ
₹0.50
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
650+
At a Glance
Key Benefits
PVR discounts, fuel surcharge waiver
Lounge Access
No complimentary lounge access
Eligibility
Income: Rs 3L+/year, CIBIL: 650+
Quick Details
Annual Fee
₹500
#113
Joining Fee
₹500
#112
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.50
#238
Reward Type Reward Points
Reward Currency Points
Min Credit Score
650+
#13
Min Monthly Income ₹25
Network VISA
Late Payment Fee ₹400
Fee Waiver on Spend ₹75,000/yr
Reward Structure
Base
All Spends
₹0.50 /₹100
Reward Calculator
₹
Allocate by Category 100%
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:
Insurance Coverage
Lost Card
₹0
Zero liability.
Quick Analysis
The Kotak Mahindra Bank Kotak Mojo Platinum is a solid credit card option. With an annual fee of ₹500, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Low annual fee of just ₹500
- Annual fee waiver on spending ₹75000
- Extended interest-free period of 50 days
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 42.00% on revolving credit
Frequently Asked Questions
What is Kotak Mojo Platinum fee?
Rs 500 annual fee, waived on Rs 75,000 annual spend.
Is Kotak Mojo good for beginners?
Yes, low fee and simple rewards make it ideal for first-time card users.
What benefits does Mojo Platinum offer?
PVR ticket discounts, fuel surcharge waiver, and reward points.
What is the income requirement?
Minimum Rs 3 lakhs annual income for salaried individuals.
Does it have lounge access?
No, Mojo Platinum does not include complimentary lounge access.
User Reviews
Ready to Apply for Kotak Mojo Platinum?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.
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