If you hold this card: Existing holders were reported to have been moved to the Kotak League Platinum or Zen Signature depending on profile — neither carries the 7.5% Myntra benefit. This card paid cashback rather than reward points, and Kotak’s terms voided accrued cashback both on closure and “upon the conversion of the Card to any other Kotak Mahindra Bank credit card”, so migrating holders lost pending cashback too.
Kotak stopped offering the Myntra co-brand around 10 July 2025. Kotak published no closure notice — the date comes from trade press, and the corroboration is that the card is absent from Kotak’s card line-up, its MITC, its master fee schedule and its sitemap, its product page 404s, and Myntra’s own card store now offers Flipkart Axis and Flipkart SBI cards instead. For Myntra-first shoppers the Flipkart Axis card (Flipkart owns Myntra) is the usual suggestion, though its Myntra rate is an Axis claim we have not separately verified.
View the active card — Flipkart Axis Bank Credit Card →In-depth review
Myntra Kotak Credit Card
No longer issued — reported withdrawn on 10 July 2025, with holders reported moved to the Kotak League Platinum or Zen Signature, neither of which carries the Myntra benefit that defined it. There's no live card to recommend. Myntra's own card store now lists the Flipkart Axis and Flipkart SBI cards; both match its 7.5% on Myntra, but cap the cashback by quarter where this card capped only the transaction.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹500 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
7.5% cashback at Myntra
7.5% instant discount at Myntra checkout, up to ₹750 per transaction, on unlimited transactions — an instant price reduction, with no cashback credited on top
5% cashback at named dining merchants
5% cashback on Kotak's Preferred Partners — Swiggy, Swiggy Instamart, Cleartrip, PVR online and Urban Company — capped at ₹1,000 a billing cycle across all of them
Airport Lounge Access
Complimentary: 4 domestic airport lounge visits a year (1 a quarter)
Annual Fee Waiver
Fee of ₹500 + 18% GST (₹590 all-in)/yr fully waived when you spend ₹2,00,000/year
Movie Ticket Benefit
2 complimentary PVR tickets worth ₹250 each on spending over ₹50,000 in a calendar quarter (historical benefit)
🛍️ SHOPPING BENEFITS
Built for Myntra — here's how your cashback stacks up.
7.5%
Myntra rate
7.5%
Online shopping rate
PARTNER MERCHANTS
- Co-branded with Myntra — built for regular shoppers
- 7.5% back on Myntra purchases
- Accelerated cashback at: Myntra
💰 CASHBACK STRUCTURE
How much you earn back on each type of spend — no points math required.
7.5%
online shopping cashback
1.3%
Base rate (all other spends)
₹1,000
Monthly cap (accelerated)
- 8% cashback on online shopping
- 1.3% on all other spends — no restrictions
- Accelerated cashback capped at ₹1,000/month
🎬 ENTERTAINMENT BENEFITS
Movies, OTT subscriptions and entertainment perks.
2/month
Free movie tickets
- 2 complimentary PVR tickets worth ₹250 each on spending over ₹50,000 in a calendar quarter (historical benefit)
✈️ TRAVEL BENEFITS
Lounge access, miles, forex rates and travel perks at a glance.
AIRPORT LOUNGE ACCESS
4 visits/yr
Domestic lounges
₹3,000
Estimated annual value
3.5%
Forex markup
- Domestic airport lounge access (4 domestic visits/yr, worth ~₹3,000)
🍽️ FOOD & DINING BENEFITS
Dining rewards, food delivery cashback and partner benefits.
5.0%
Dining cashback rate
PARTNER PLATFORMS
- 5.0% return on restaurant and dining spends
- Accelerated earn on: Swiggy, Swiggy Instamart, Cleartrip, PVR (online)
No longer open to new applicants. Myntra-first shoppers should look at the cards Myntra's own store now lists — the [Flipkart Axis](/cards/axis-flipkart) and the [Flipkart SBI](/cards/sbi-flipkart) — both of which pay 7.5% on Myntra, each subject to a quarterly cashback cap this card did not have.
Full reward structure
What you earn on every rupee, per spend category — as of 24 Oct 2026.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shoppingonly at Myntra | cashback | 7.5% | — |
| Diningonly at Swiggy, Swiggy Instamart, Cleartrip, PVR (online), Urban Company | cashback | 5% | ₹1,000 |
| Other | cashback | 1.25% | — |
Online Shopping: 7.5% instant discount at Myntra checkout, up to ₹750 per transaction, on unlimited transactions — an instant price reduction, with no cashback credited on top · Myntra
Dining: 5% cashback on Kotak's Preferred Partners — Swiggy, Swiggy Instamart, Cleartrip, PVR online and Urban Company — capped at ₹1,000 a billing cycle across all of them · Swiggy, Swiggy Instamart, Cleartrip, PVR (online), Urban Company
Other: Unlimited 1.25% cashback on all other online and offline spends
Earns nothing on: Rent · Fuel · Wallet Loads · EMI Conversions · Cash Advances
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 24 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹590 |
| Joining fee (incl. 18% GST) | ₹590 |
| Forex markup | 3.5% |
Perks & benefits
Estimated annual value beyond rewards — ~₹5,800/yr in total.
1% fuel surcharge waiver, capped at ₹3,500 a year (historical benefit)
1 complimentary domestic airport lounge visit a quarter (historical benefit)
2 complimentary PVR tickets worth ₹250 each on spending over ₹50,000 in a calendar quarter (historical benefit)
Should you get it?
- Best for: (Historical) heavy Myntra shoppers, (Historical) users of Swiggy, Cleartrip and PVR
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on everyday spends (1.25% back; 7.5% only at Myntra).
- Frequent travellers benefit from the included airport lounge access.
Pros & cons
✓ Pros
- 7.5% instant discount on Myntra (up to ₹750 per transaction)
- 5% cashback on Swiggy, Swiggy Instamart, Cleartrip, PVR online and Urban Company, up to ₹1,000 a cycle
- Unlimited 1.25% on all other online and offline spends
- ₹500 Myntra e-gift voucher on a ₹500 transaction within 30 days of issuance
- Complimentary Myntra Insider Select membership within 45 days of card activation
- 2 PVR tickets worth ₹250 each on ₹50,000 of spend in a calendar quarter
✕ Cons
- No longer issued — reported withdrawn on 10 July 2025, though Kotak published no closure notice
- Existing holders were reported to have been moved onto other Kotak cards
- Best value was locked into Myntra and a few partners
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Cashback was credited automatically; Myntra discount applied instantly at checkout
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Direct cash adjustment — no conversion
The card is gone. Its 7.5% headline survives on the Flipkart Axis and Flipkart SBI cards, but the uncapped-per-month instant discount that made it exceptional does not.
Frequently asked questions
Was the 7.5% truly instant?
Did it work on Myntra sale events (End of Reason Sale)?
Was there a monthly cap on the 7.5%?
What earned on non-Myntra spends?
What was the annual fee waiver?
Which network was the card on?
What replaced it for Myntra shoppers?
How has the Myntra Kotak Credit Card changed over time?
Has the Myntra Kotak Credit Card been devalued recently?
The bottom line
There is nothing to apply for. The Myntra Kotak card stopped being issued in 2025 — reported as 10 July 2025, though Kotak itself published no closure notice — and holders were reported to have been moved to the League Platinum or Zen Signature, neither of which carries a Myntra discount. For Myntra spend today, Myntra's own card store points at the Flipkart Axis and Flipkart SBI cards, and both match the 7.5% headline. What they do not match is its shape — Kotak ran an instant checkout discount capped per transaction and otherwise unlimited, while both replacements pay cashback against a quarterly ceiling. A heavy Myntra spender will hit that ceiling and stop earning; this card never made you stop.
How this page was built
Counted from this card’s own record: 3 earn rules, 1 of them capped, 2 paid only at named merchants, the spends listed as earning nothing and 3 recorded perks. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 24 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the Myntra Kotak Credit Card are taken from Kotak Mahindra Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 24 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Kotak Mahindra Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2023 · last change Jul 2025
2025
- ▼ BenefitEffective 10 Jul 2025
Card discontinued; 7.5% Myntra benefit withdrawn
7.5% instant Myntra discount + Myntra Insider membership→Card no longer issued; holders reported moved to Kotak League Platinum or Zen Signature (no Myntra benefit)
Kotak published no closure notice for this card, so the 10 July 2025 date is reported rather than issuer-stated. The reporting says Kotak notified holders by email, withdrew the 7.5% instant Myntra discount and the complimentary Myntra Insider membership, and moved holders onto the Kotak League Platinum or Zen Signature, neither of which carries any Myntra-specific reward; holders who declined could close the account instead, forfeiting pending cashback. What Kotak's own surfaces corroborate is the removal, not the date — the card is absent from the live line-up and from the six cards Kotak explicitly tags "Discontinued for new applications", absent from the MITC and Charges page, absent from the master fee schedule that names every other retail card, absent from all 1,441 URLs in the personal-banking sitemap, and its product page returns 404 on both Kotak domains (the last archived 200 is 21 June 2025). Myntra's own card store now offers the Flipkart Axis and Flipkart SBI cards and no Kotak card.
Verification: CardAdvisor Research · Confidence: Reconstructed
2023
- ◆ LaunchEffective 1 Jun 2023
Myntra Kotak fashion co-brand launched
7.5% instant Myntra discount + 5% partners + 1.25% base
Kotak Mahindra Bank and Myntra launched the co-branded card on 1 June 2023 — the date on Kotak's own launch press release, which is headed "Mumbai, 1st June, 2023". The card paid an instant 7.5% discount on Myntra capped at ₹750 per transaction and applied to unlimited transactions, 5% cashback on Kotak's Preferred Partners — Swiggy, Swiggy Instamart, Cleartrip, PVR online and Urban Company — capped at ₹1,000 per billing cycle, and 1.25% on all other spends. Fees were ₹500 joining and ₹500 annual + GST, waived above ₹2 lakh of annual spend. It also carried a ₹500 Myntra e-gift voucher on a transaction of ₹500 or more within 30 days of issuance, 1 domestic lounge visit per quarter, 2 complimentary PVR tickets worth ₹250 each on ₹50,000 of spend in a calendar quarter, and complimentary Myntra Insider Select membership. An earlier version of this event dated the launch to 27 November 2023 on aggregator sourcing; Kotak's own release supersedes it.
Verification: Kotak Mahindra Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/kotak-myntra#value-timeline">Myntra Kotak Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).