Card Image
Veer Select
Annual Fee
₹499
Rewards/₹100 ⓘ
₹0.33
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
700+
At a Glance
Key Benefits
Exclusive for defense personnel, 2X rewards, fuel surcharge waiver, special defense offers
Lounge Access
Not available
Eligibility
Defense personnel, Salaried: Rs.30,000+/month, CIBIL: 700+
Quick Details
Annual Fee
₹499
#75
Joining Fee
FREE
#1
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.33
#270
Reward Type Reward Points
Reward Currency Points
Min Credit Score
700+
#54
Min Monthly Income ₹25
Network VISA
Cash Advance Fee 2.50% (min ₹500)
Late Payment Fee ₹500
Fee Waiver on Spend ₹50,000/yr
Reward Structure
Base
All Spends
₹0.33 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned667
Cash Value₹167
Breakdown
Other Spends667
Total Value₹167
Quick amounts:
Quick Analysis
The Kotak Mahindra Bank Veer Select is a solid credit card option. With an annual fee of ₹499, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Low annual fee of just ₹499
- 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 is the annual fee for Veer Select?
Yes, the annual fee is ₹499. The fee can be waived on annual spending of ₹50000.
Is there a joining fee for Veer Select?
No, there is no joining fee.
What rewards does Veer Select offer?
You can earn rewards worth up to ₹0.33 per ₹100 spent. The base reward rate is ₹0.33 per ₹100.
Does Veer Select offer lounge access?
This card does not include complimentary lounge access.
What is the eligibility for Veer Select?
To apply for Veer Select, you need minimum age of 21 years, minimum monthly income of ₹30000, credit score of 700+.
User Reviews
Ready to Apply for Veer Select?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.