Kotak Veer Select Credit Card

Rewards

• Rewards rate

  3 Reward Points on every spend of Rs. 200, and 3x Reward Points on movies, dining, and departmental stores.

• Welcome benefits

  Complimentary IHO membership worth Rs. 8,500 on spending Rs. 500 within the first 30 days of card issuance.

• Reward redemption

  Redeem points against a host of categories such as Movies, Mobile Recharges, and e-vouchers. 1 Kotak Reward Point = Re. 0.25.

Benefits

• Travel

  Complimentary access to domestic airport lounges

• Domestic lounge

  2 complimentary domestic airport lounge access every quarter

• Insurance

  Insurance cover worth Rs. 2.5 lakhs against unauthorized transactions on a lost/stolen card

Fees & charges

• Spend-based waiver

  On spending Rs. 1,00,000 on retail purchases, the annual fee for the next year is waived.

• Foreign currency markup

  3.5%

• Interest rates

  3.5% per month (42% annually)

• Fuel surcharge waiver

  1% fuel surcharge waiver across all petrol pumps (capped at Rs. 3500 annually)

• Cash advance charges

  Rs. 300 per withdrawal of Rs. 10,000.

Product highlights

• Get complimentary IHO membership worth Rs. 8,500 as a welcome benefit on spending Rs. 500 in the first 30 days
• Earn 9 reward points on every Rs. 200 spent on movies, dining, grocery, and departmental stores
• Get 3 reward points on every Rs. 200 spent in all other categories
• 8 complimentary domestic airport lounge access per year (capped at 2 per quarter)
• Enjoy an annual fee waiver on the spending of Rs. 1,00,000
• 1% fuel surcharge waiver across all fuel stations (capped at Rs. 3500 per annum)
• 1.8% railway surcharge waiver on the IRCTC website; 2.5% for transactions on Indian Railway Booking Counters

FAQs