Kotak Mahindra BankRuPay / Visa • Entry Tier Source Verified

Kotak League Platinum Credit Card Fees & MITC Charges

Accessible starter card with low ₹50,000 annual spend waiver threshold and free PVR movie ticket milestone rewards.

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Kotak League Platinum

•••• •••• •••• 2026

Entry

Joining Fee

₹500

+ 18% GST on issuance

Annual Renewal Fee

₹500

Total billed: ₹590 incl. GST

Annual Fee Waiver Spend

₹50,000

Waived upon reaching annual spend

Forex Markup Fee

3.5%

Effective 4.13% incl. GST

Airport Lounge Access Policy (2026 Update)

Domestic Lounge Allowance:1 visit(s) per quarter

International Lounge Allowance:None

Quarterly Spend Condition:Unconditional (No spend requirement)

Official Rule: 4 complimentary domestic airport lounge visits per year (1 per calendar quarter).

Surcharges & Utility Caps

Fuel Surcharge:1% waiver on transactions between ₹500 and ₹3000 (up to ₹250/month).

Utility Spends:1% surcharge applies on cumulative monthly utility bill payments exceeding ₹50,000.

Key Strengths

•Very low ₹50,000 annual spend threshold to waive the ₹500 fee
•8X reward points on special merchant categories
•Free PVR movie tickets every 6 months on milestone spend

Limitations & Drawbacks

•Low base reward rate (0.5%) on regular categories
•3.5% foreign currency markup
•Rewards expire after 2 years

Source Provenance

Primary Authority Document:Official Issuer Most Important Terms & Conditions (MITC)

Last Verified Date:2026-08-21

Regulatory Compliance:RBI Master Direction – Credit Card and Debit Card Issuance and Conduct Directions

View Official Bank MITC Apply on Official Bank Website →

Related Intelligence Tools

• Calculate Your Net Value for this Card →• Check Airport Lounge Spend Criteria →• Compare with 0% Forex Cards →• Decode Credit Card Statement Charge →

Questions about Kotak League Platinum Credit Card charges

What is the annual fee for Kotak League Platinum Credit Card?

The annual fee for Kotak League Platinum Credit Card is ₹500 + 18% GST (total ₹590). It can be waived by spending ₹50,000 in the preceding card anniversary year.

What is the foreign currency (forex) markup on Kotak League Platinum Credit Card?

Kotak League Platinum Credit Card charges a 3.5% foreign currency markup fee + 18% GST on all non-INR currency transactions and foreign merchants.

Does Kotak League Platinum Credit Card offer airport lounge access in 2026?

Kotak League Platinum Credit Card provides 1 complimentary domestic lounge visit(s) per quarter. No minimum quarterly spend required.