Kotak MyTeam Credit Card Review

To spice up the IPL heat, India’s one of the leading credit card issuers, Kotak Mahindra Bank, has issued a new specially designed credit card named kotak myteam credit card that boosts visuals of the players, official team colors, and team logos for the true cricket fans by partnering with 7 IPL teams Delhi Capitals, Mumbai Indians, Kolkata Knight Riders, Royal Challengers Bangalore, Sunrise Hyderabad, Rajasthan Royals, and Punjab Kings, displaying their loyalties in an exciting way. More about the Kotak my team credit card benefits are discussed below.

How does the kotak credit card eligibility work?

  • Resident Type: Indian.
  • Kotak credit card eligibility criteria for salaried person:
    • Age: 21 to 65 yrs.
    • Income: Minimum Rs. 20,000 monthly.
  • Kotak credit card eligibility criteria for self-employed person:
    • Age: 21 to 65 yrs.
    • Income: ITR should be greater than Rs. 2.4 lakh annually.
  • A good CIBIL score (730 or more) is required to get a decent credit limit on this kotak mahindra myteam card.

You can apply for this card from the kotak credit card online application portal, once your customized card application is submitted successfully, you can track the status of your application from the kotak mahindra credit card tracking page.

What documents are required to apply for the kotak mahindra myteam credit card?

  • Photocopy of Address proof (any 1)
    • Last 6 months bank account Statement
    • Aadhar Card
    • Driving License
    • Passport
    • Utility bills
  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Two recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Salary Slip of last 3 months
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year
      • Proof of business

As per the new credit card rules, all new kotak credit cards are delivered in an inactive state, and the users can activate them manually by generating a new credit card PIN. You can find more about the kotak bank credit card pin generation process from our FAQ page.

What are the kotak credit card annual charges?

  • Kotak credit card joining fee: Rs. 199 + GST / Rs. 599 + GST (image fee for your favorite team)
  • Kotak credit card annual charges: Rs. 199 + GST

How does the kotak myteam credit card benefit you?

  • An attractive welcome gift to make a wonderful start for you:

On spending Rs. 2000 within the first 60 days of your kotak credit card activation, you will get Rs. 250 cashback as a welcome gift. Also, the top 5 spenders of every team will get Rs. 1,000 cashback bonus.

  • Earn reward points with every achievement of your favourite team:

By registering on the kona kona cricket platform, you can collect kotak credit card rewards that can also be redeemed for exciting kotak credit card offers . You can also use them to get a product from the kotak credit card points redemption catalog.


Rate of earning kotak credit card rewards

On your favorite team’s matchday

For every 4 runs kotak credit card reward points
For every 6 runs 6 points
On other matchdays (Answer quiz questions on cricket to claim kotak credit card points)
If the team scores over 200 30 points
On every wicket taken 25 kotak rewards
If the team wins the game 50 points
For each maiden over 6 points
If the team reaches the playoffs 250 points
If the team reaches the finals 750 points
If the team wins the finals 1000 kotak bank credit card reward points

Also, any kotak bank credit card payment made during the match hours will be eligible to earn reward points equivalent to the transaction amount. To check your kotak credit card status go to the kotak mahindra credit card login page and log in to your net banking account. You can also check your monthly earned benefits from your kotak bank credit card statement.

  • Enjoy attractive discounts on lifestyle brands:

On spending Rs.10,000 within the first 75 days of your card issuance, this kotak credit card offers an Rs. 1,200 discount voucher from Lybrate Goodkart, Rs. 200 discount voucher from Myntra, and a 1-month fitpass subscription (worth Rs. 639). 

  • Make life easier with the convenient kotak credit card bill payment options:

You can make your monthly kotak mahindra bank credit card payment online from your kotak credit card net banking account, or by using any credit card payment app like Cred, Google Pay, Paytm, Phone pe, etc.

What are the kotak bank credit card charges?


Payable amount

Kotak credit card cash withdrawal charges Rs. 300 for each Rs. 10,000 withdrawal (applicable once per withdrawal, check your available kotak credit card limit before making a withdrawal)
Finance charge The kotak credit card interest rate can go up to 3.4% monthly
Kotak credit card charges on currency conversion Maximum 3.5% against the transaction amount (applicable once per withdrawal)
Kotak card add-on card fee None

How to contact the kotak bank credit card customer care department?

  • Call the kotak credit card helpline number: 1800-209-0000 (Toll-free) or 022-6600-6022
  • Write to the kotak credit card email id: customerfirst@kotak.com 

100XGain Ratings:


Pros and cons of the kotak bank myteam credit card:


  • This kotak credit card comes with a very interesting reward scheme.
  • The MyTeam kotak credit card annual fee is very low.
  • You will get some attractive deals on lifestyle categories.
  • You will not get any dining or entertainment benefits from this kotak mahindra credit card.
  • This card does not have anything in the travel category.

If you don’t want to continue with your old kotak bank credit card, then feel free to visit our FAQ page to know how to close kotak credit card account permanently?

Final Opinion:

After analyzing the benefits, I can say that this kotak myteam card will be a good option for first-time applicants and for those who want to keep a second credit card in their wallet. Otherwise, there is nothing special on this card. So I would suggest you take a look at the 100xGain top 10 credit card pages, you can also compare the alternative card options given below.

Alternative of kotak mahindra bank my team card: 

  1. Bajaj finserv shop smart supercard (Best for offering cashback)
  2. Kotak white credit card (Best for offering cashback and lounge access benefits)
  3. Kotak mahindra pvr gold credit card (Best for offering movie and cashback benefits)
  4. Yes prosperity rewards plus credit card (Best for offering reward points and milestone benefits)

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