Kotak Mahindra Bank League Platinum Credit Card

Charge

• Finance/Interest charges: 3.75% per month (45.00% APR).
• Cash Advance Fee: 2.5% on advance amount, minimum ₹500.
• Late Payment Charges (by outstanding balance): <=₹100 ₹0.
• >₹100-500 ₹100.
• >₹500-1000 ₹500.
• >₹1000-5000 ₹600.
• >₹5,000-10,000 ₹750.
• >₹10,000-25,000 ₹900.
• >₹25,000-50,000 ₹1,100.
• >₹50,000 ₹1,300.
• Standing Instruction Failure/Auto-debit return fee: 2% on bounce amount, min ₹450, max ₹5000.
• Cheque Return Fee: 2% on bounce amount, min ₹500.
• Fee for Cash Payment at branches: ₹100.
• Over Limit Charges: ₹500 (if over limit amount >= ₹500).
• Dynamic Currency Conversion Fee: 3.50%.
• Fee on Wallet Loading: 1% on cumulative wallet loading spends exceeding ₹10,000 per statement cycle.
• Image Card Fee: ₹99 or ₹199 per image card.
• Credit Limit Increase Processing Fees: ₹100.
• Fee on Fuel Transactions: 1% on cumulative fuel spends exceeding ₹25,000 per statement cycle.
• Fee on Online Skill-Based Gaming: 1% on cumulative spends exceeding ₹10,000 per statement cycle.
• Fee on Education Payment: 1% on all education payments via third-party apps.
• Fee on Utility Spends: 1% on cumulative utility spends exceeding ₹35,000 per statement cycle.
• Card Replacement Fees (Lost & Damaged): ₹100.
• Fee on Rent Payments: 1% of transaction amount.
• GST applicable on all fees and charges.

Verified · Key Fact Statement (KFS) - League Platinum Credit Card · 2026-07-30 · source

Interest-free period

• Up to 51 days, depending on Payment Due Date.
• Payment Due Date is between 18 and 21 days after the Statement Date.
• Credit free period ranges 18-48 days or 21-51 days.
• Not applicable if Total Amount Due is not paid in full.

Verified · Key Fact Statement (KFS) - League Platinum Credit Card · 2026-07-30 · source

Fuel surcharge waiver

• 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000.
• Maximum fuel surcharge waiver ₹3,500 in an anniversary year (GST on fuel surcharge borne by customer).

Verified · Key Fact Statement (KFS) - League Platinum Credit Card · 2026-07-30 · source

Milestone benefit

Railway Booking Surcharge waiver: 1.80% of transaction value for online transactions and 2.50% for other bookings, waived up to ₹500 in an anniversary year.

Verified · Key Fact Statement (KFS) - League Platinum Credit Card · 2026-07-30 · source

Redemption value

• Reward Points redeemed at 10 paise per point (revised Cashback redemption value 7 paise per point).
• Catalogue: no minimum points required (redeem against Flight, Hotels, Vouchers, Merchandise).
• Cashback: Kotak Rewards Portal min. 2000 KRs.
• Contact Center min. 5000 RPs.
• Minimum cashback redemption 2000.
• Reward points expire after 2 years from date earned.

Verified · Most Important Terms & Conditions (MITC) - Kotak Credit Cards · 2026-07-30 · source

Reward cap

• No Reward Points/Cashback on cumulative spends exceeding thresholds per statement cycle: Utility ₹35,000.
• Education ₹1,00,000.
• Government ₹40,000.
• Insurance ₹70,000.
• No Rewards on Fuel, Rent, Wallet Load, Online Skill-Based Gaming.

Verified · Most Important Terms & Conditions (MITC) - Kotak Credit Cards · 2026-07-30 · source

Reward exclusion

Verified · Most Important Terms & Conditions (MITC) - Kotak Credit Cards · 2026-07-30 · source

Travel benefit

Railway booking surcharge waiver of 1.80% for online transactions and 2.50% for other bookings, waived up to ₹500 in an anniversary year.

Verified · Key Fact Statement (KFS) - League Platinum Credit Card · 2026-07-30 · source

Official terms

https://www.kotak.bank.in/en/personal-banking/cards/credit-cards/league-platinum-card.html.

Verified · Key Fact Statement (KFS) - League Platinum Credit Card · 2026-07-30 · source