Kotak Mojo Platinum Credit Card Review

If you are looking for a credit card that can offer you shopping and travel benefits, then you should take a look at the kotak mojo platinum credit card . It is one of the semi-premium credit cards offered by Kotak Mahindra bank. Making your traveling more comfortable and every transaction rewarding, this card offers accelerated rewards on every transaction, free access to airport lounges, attractive discount on railway surcharges, and lots more.

This card works on the Visa platform and charges Rs. 1000 as an annual fee. To know more about the benefits of kotak credit card, make sure to check the kotak credit card details given below.

Kotak Mojo Platinum Credit Card Eligibility Criteria:

  • Resident Type: Indian
  • For salaried person:
    • Age: 21 to 60 years.
    • Income: The average income of the applicant should be greater than Rs. 25,00 monthly.
  • For self-employed person:
    • Age: 21 to 65 years
    • Income: The average annual income of the applicant should be greater than R. 4 lakh.
  • An excellent credit score (above 760) will help you to get a higher credit limit on this kotak mahindra mojo credit card

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

Documents Required To Apply For Kotak Mojo Platinum 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 RBI regulation for credit card issuers, all new credit cards are delivered in an inactive state. The users can activate them by generating a new kotak credit card pin. To know more about the kotak credit card pin generation process feel free to visit our faq page

Kotak Mojo Credit Card Fees:

  • Kotak credit card joining fee: Rs. 1000 + GST
  • Kotak credit card annual charges: Rs. 1000 + GST

Kotak Mojo Platinum Credit Card Benefits:

  • A powerful Kotak credit card rewards scheme that will make your every transaction rewarding:

For almost every transaction you make using this card, you can earn mojo points, the details of the kotak credit card rewards scheme are discussed below. 

Category of transaction Rate of earning reward points
Every time you spend Rs. 2000 or more at KayMall  5 points for each Rs. 100 transactions (Maximum 750 points per month from KayMall spending)
Every time you spend Rs. 2000 or more on online transaction 2.5 points for each Rs. 100 transactions (maximum 750 points per Kotak credit card statement cycle on online transactions)
All other transactions made using this card* 1 point per Rs. 100 transactions (maximum 750 points in a Kotak bank credit card statement cycle)

*You will not earn any kotak rewards points for fuel purchase and cash withdrawal. The reward points are valid for one year from the date of their accrual. And you can earn a maximum of 2250 points in a kotak credit card billing cycle. You can use your points to get a product from the kotak credit card reward points redemption catalog.

  • Get free access to airport lounges:

This mojo platinum kotak credit card gives you free access to most of the frontline airport lounges. You will get up to 8 free access per year (maximum 2 per quarter). Click here to get the list of participating lounges.

  • Enjoy freedom from fuel surcharges:

If you use this Kotak mojo card to purchase fuel, you will get a 1% waiver on fuel surcharges. This mojo offer is applicable on transactions between Rs. 500 to Rs. 3000 and you can earn a maximum of Rs. 3,500 waivers in a year. You can check your kotak credit card balance from the kotak bank credit card app.

  • Earn extra benefits from milestone spending:

Every time you complete an Rs. 1 lakh spend within a quarter, you will receive a gift voucher of Rs. 1,000. This offer is available for the first year only.

  • Earn attractive discounts on railway surcharges:

If you use this kotak platinum credit card to book railway tickets you will get a 1.8% waiver on railway surcharges (if booked from the IRCTC website ) and a 2.5% waiver of booked from ticket booking counters.

  • Make your card lifetime free:

On spending Rs. 1 lakh within a year, you will get a complete waiver on your next year’s kotak credit card annual charges

Also, on completing Rs. 30,000 spend transaction within the first 90 days of your card’s activation, you will get a complete waiver on your first year joining fee. You can check your credit card’s status from your kotak credit card net banking account.

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

You can make your monthly kotak credit card payment online from your net banking account or from any credit card payment app like Google pay, Paytm, Cred, etc. But if you don’t have access to those kotak credit card online payment options, then you can pay your credit card bill from your nearby Kotak Mahindra branch.

  • Get more security with advanced EMV chip:

On this mojo credit card kotak mahindra bank offers the security of the EMV chip, it is a specially designed chip that uses a very strong encryption method to store your data, which makes your card nearly impossible to clone.

Kotak Credit Card Charges:

Particulars  Payable amount
kotak credit card cash withdrawal charges Rs. 300 for each Rs. 10000 withdrawal (applicable once per withdrawal and you should check your available Kotak mojo credit card limit before making a withdrawal)
Finance Charges The Kotak credit card interest rate can go up to 3.5% monthly or 42% annually
Currency conversion charge  Can go up to 3.5% against the transaction amount (applicable once per withdrawal)
Kotak mojo platinum credit card add-on card fee Rs. 299 annually.

Kotak Cards Customer Care Contact Details:

  • Call Kotak credit card customer care no: 1800-209-0000 (Toll-free) or 022-6600-6022

100xGain Ratings: 


Pros and Cons Kotak Mojo Platinum Credit Card:

Pros  Cons
  • This Kotak platinum credit card is very good at offering reward points on online and shopping categories
  • You will get free access to airport lounges
  • The majority of the reward points are offered on a specific category (KayMall)
  • The add-on cards are not free of cost

Final Opinion:

As said before, this mojo Kotak credit card is very good at offering reward points and free access to airport lounges. But, the reward scheme is mainly focused on the transactions made at KayMall which can be a deal-breaker for someone.

In this case, I would suggest you take a look at the 100xGain top 10 credit card pages there, we have listed the top credit cards available in India, it will help you to find your choice.

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