Travel on Points

Kotak Privy League Signature Credit Card

Apply Now
  • Joining fee

    Nil (For Both Variants)

  • Annual fee

    Rs. 2,500 + GST (for the Paid Variant), Nil (for Free Variant)

  • Best suited for

    Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    5x Reward Points on select retail shopping and travel spends, 2x Reward Points on all other spends and traveler's plan.

  • Reward redemption

    Reward Points redeemable on Kotak reward redemption portal.

Benefits

  • Travel

    Complimentary domestic lounge access, Priority Pass membership, 4 complimentary lounge visits / year visits with Priority Pass (paid variant only)

  • Domestic lounge

    2 Complimentary visits to the Dream Folks Lounges in India

  • International lounge

    Complimentary Priority Pass membership (with both variants), 4 complimentary lounge visits every year visits with Priority Pass (paid variant only)

Fees & charges

  • Spend-based waiver

    The annual membership fee will be waived off if the cardholder spends Rs. 5 lakh in the preceding year or by maintaining Insignia or True Optima Banking Relationship

  • Rewards redemption fee

    Nil

  • Foreign currency markup

    2% for paid variant and 3.5% for the free variant (exclusive of GST)

  • Interest rates

    2.49% per month (29.88% annually)

  • Fuel surcharge waiver

    Waived

  • Cash advance charges

    Rs. 300 per Rs. 10,000 withdrawn or part thereof

Product highlights

  • The card is exclusive to Privy customers of the bank and is offered in two variants- the paid variant and the free variant.
  • Under the shopper’s plan, you get 5X reward points on select shopping categories (the categories slightly differ for the two variants) and 2X reward points on all other spends.
  • Traveller’s plan earns you 5X reward points on select travel categories (categories different for the two variants) and 2X points on all other spends.
  • 6,400 bonus reward points every quarter on expenditure of Rs. 1,000 in all three months of the previous quarter (applicable only for paid variant).
  • Bonus reward points for achieving incremental spending milestones.
  • Complimentary domestic airport lounge access and Priority Pass membership (4 complimentary visits with Priority Pass on the paid variant).
  • A lower interest rate of 2.49% per month.
  • Fuel and railway surcharge waiver.
  • Premium concierge service regarding hotel/flight bookings, spa/fitness centre information, referral assistance, etc.

FAQs

Can I get the Kotak Privy League Signature credit card if I'm not a Privy customer of the bank?

No. Only Privy customers of the bank are eligible for this credit card.

What is the validity of the Kotak reward points?

Kotak reward points are valid for 2 years from the date of accrual and expire thereafter.

Do I get complimentary lounge visits with the Priority Pass?

You get 4 complimentary lounge visits per annum with the Priority Pass only with the paid variant of the card.

Do I get the 64,000 bonus reward points and the spends based milestone benefits with both the variants?

You get 64,000 bonus reward points only with the paid variant. Milestone benefits are applicable for both paid as well as the free variant; however the milestones and the benefits earned are different for the two variants.

Does the card support contactless payments?

Yes, the card does support contactless payments with the Visa payWave technology. You don’t even have to enter the PIN for transactions up to Rs. 5,000.