Card Image
Kotak Veer Platinum
Annual Fee
₹500
Rewards/₹100 ⓘ
₹0.33 - ₹0.67
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
720+
At a Glance
Key Benefits
4X rewards on grooming, 2X on apparel, fuel surcharge waiver
Lounge Access
No lounge access
Eligibility
Salaried: Rs 25,000+/month, Age: 21-60
Quick Details
Annual Fee
₹500
#113
Joining Fee
₹500
#112
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.33 - ₹0.67
#232
Reward Type Reward Points
Reward Currency Points
Min Credit Score
720+
#154
Min Monthly Income ₹NaN
Network VISA
Late Payment Fee ₹500
Cash Advance Fee 2.50% (min ₹300)
Fee Waiver on Spend ₹50,000/yr
Reward Structure
Base
All Spends
₹0.33 /₹100
Cat
Grooming
₹0.67 /₹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 for fraudulent transactions.
Quick Analysis
The Kotak Mahindra Bank Kotak Veer 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 ₹50000
- 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 rewards does Kotak Veer Platinum offer?
4X rewards on grooming and personal care, 2X on all other spends.
What is the annual fee?
Rs 500 joining and annual fee, waived on Rs 50,000 annual spend.
Is fuel surcharge waived?
Yes, 1% fuel surcharge waiver on Rs 500-3000 transactions.
Who is this card designed for?
Designed for men focused on grooming, fitness, and lifestyle spending.
Can I convert purchases to EMI?
Yes, EMI conversion available on purchases above Rs 2,500.
User Reviews
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