Kotak Bank 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 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.

With the Kotak my team credit card, any IPL lover will surely enjoy each and every cricketing moment as for every achievement of their team the cardholders are likely to get interesting benefits. More details of the card are given below.

Kotak Mahindra Bank Credit Card Eligibility Criteria:

  • Resident Type: Indian.
  • For salaried person:
    • Age: 21 to 65 yrs.
    • Income: Minimum Rs. 20,000 monthly.
  • 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 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.

Documents Required To Apply For Kotak My Team 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.

Kotak Credit Card Annual Charges:

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

Kotak Credit Card Benefits:

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

On spending Rs. 2000 within the first 60 days of your card’s issuance, 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 favorite 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.

Event/Condition Reward points
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 the reward point)
If the team scores over 200 30 points
On every wicket taken  25 points
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 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:

If you can spend Rs. 10,000 with your card within the first 75 days of your card issuance, you will get an Rs. 1,200 discount voucher from Lybrate Goodkart, Rs. 200 discount voucher from Myntra, and a 1-month free fit pass subscription (worth Rs. 639). 

  • Pay your monthly credit card bill more easily with convenient kotak credit card bill payment options:

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

Kotak Bank Credit Card Charges:

Particulars Payable amount
Cash withdrawal fee Rs. 300 for each Rs. 10,000 withdrawal (applicable once per withdrawal)
Finance charge  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 

Kotak Bank Credit Card Customer Care Contact Details:

  • 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:


If you don’t want to continue with your old Kotak 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 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 Cards: 

  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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