KOTAK
League Platinum Credit Card
Good fit for everyday spend that earns rewards — ₹499 annual fee.
Top reasons to choose this card
- ₹50K fee waiver
What you'd do with it
- Works when a ₹499 annual fee is acceptable for the accelerated earn rates.
- Good fit when special categories is a regular spend category for you.
- Competitive for day-to-day rewards with an estimated base return around 0.3%.
Annual fee ₹499 per year
Forex markup 3.5% high
Lounge access 0 no lounge
Rewards / ₹100 8 pts up to · ₹150 on Special Categories
The catch Forex markup is 3.5%, so this can get expensive for frequent international spends.
- Fee waiver available
- Annual fee known
- Forex markup known
- No lounge access
- Monthly interest known
At a glance
Snapshot · usage · fitFast facts
- Annual fee
- ₹499 lower than 74 of 112 cards
- Joining fee
- ₹499
- Forex markup
- 3.5% the standard rate (matches 66 cards)
- Lounge access
- No complimentary lounge access
- Reward rate
- Up to 8 pts / ₹150 on Special Categories
Not a fit for
- No domestic lounge access
Still worth it?
Evidence-backed snapshotGood fit if
- Annual fee is relatively low at ₹499.
- Fee waiver applies at ₹50,000 annual spend.
Verify before applying
- Annual fee known
- Fee waiver available
- Forex markup known
- No lounge access
- Monthly interest known
- Welcome benefit timing and claim process.
- Annual fee waiver terms and eligible spend exclusions.
- Issuer fees, GST, finance charges, and late-payment terms.
- Reward exclusions, caps, redemption value, and voucher timelines.
Next best move
Is this good for lounge access?
No lounge access.
Is this good for international spends?
Forex markup is 3.5%, so frequent international spends may be costly.
Is the annual fee easy to recover?
Fee waiver applies at ₹50,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
No welcome benefit is listed. Check the issuer welcome email, MITC, and current offer page if this benefit matters.
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocksRealismStrength
Annual fee waiver₹50,000yearAnnual fee waivertrivialstrong
Milestone spend₹1,000yearMilestone benefittrivialdirectional
Watch outs
Before choosing this card- Forex markup is 3.5%, so frequent international spends may be costly.
Reward reality
Point value · limits · exclusionsPoint valueNot published by issuer — varies by redemption
Best verified laneSpecial Categories8 pts / ₹150
Exclusions/no-earnThese spends do not earn reward points: Fees/charges.
Reward rules
Structured earn rates · eligibility · caps when they bindScopeRateEligibilityLimit
Special Categories8 pts / ₹1508 RP/₹150 on special categories; anniversary ≥₹2L acceleration — notes only.—
General spend4 pts / ₹150——
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: Estimated using base earn (4 pts / ₹150). ~1,330 pts/month. Partner/category bonuses not included.
- Fee waiver achievable at this spend
- Forex cost ~₹1,750 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- No complimentary lounge access
- International (cardholder)
- Not included
Rewards
- Base earn
- 4 pts / ₹150 value depends on redemption
Fees & charges
Fees
- Monthly interest rate
- 3.75% / month
- Annual fee
- ₹499
- Joining fee
- ₹499 · verified 7 Jul 2026
- Fee waiver spend
- ₹50,000 · verified 7 Jul 2026 Below catalog median waiver (₹2,00,000 vs ₹50,000).
- Interest-free period
- Up to 51 days · verified 7 Jul 2026
International Use
- Forex markup
- 3.5%
3 sources agree · verify issuer terms before applying
Where to verify
- CardInsider
- BankBazaar
- Operator-verified anchor
- Issuer site (verify current terms) (opens in new tab)
- Product tier
- Entry-level
Fuel Benefits
At the pumpNo verified fuel benefit available.
Annual fee break-even math
When does this card pay for itself ₹50K yearly spend to waive the annual fee
Annual fee waiver applies at around ₹50K yearly spend.
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · sources · last refreshThese spends do not earn reward points.
Other
- Fees/charges
- Annual fee: ₹499.
- Forex markup currently listed at 3.5%.
- No complimentary lounge access.