Which card has a lower forex fee: Kotak Mojo Platinum Credit Card or PhonePe SBI SELECT BLACK Credit Card?

Both cards have the same forex markup (3.5%).

Which card has a lower annual fee: Kotak Mojo Platinum Credit Card or PhonePe SBI SELECT BLACK Credit Card?

Kotak Mojo Platinum Credit Card has a lower annual fee (₹1,000 vs ₹1,499).

Which card offers better lounge access?

Kotak Mojo Platinum Credit Card: 2 per quarter domestic lounge. PhonePe SBI SELECT BLACK Credit Card: 1 per quarter domestic lounge.

Which card has a higher base reward rate?

PhonePe SBI SELECT BLACK Credit Card has higher base reward value (~1% vs ~0.2%).

Pairwise comparison Compare 3+ cards →

Kotak Mahindra Bank Mojo Platinum vs SBI Card PhonePe SBI SELECT BLACK Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Kotak Mahindra Bank Mojo Platinum and the SBI Card PhonePe SBI SELECT BLACK. Verify fees, lounge access, forex markup, and base rewards before you apply.

Lounge Kotak Mahindra Bank Mojo Platinum Rewards SBI Card PhonePe SBI SELECT BLACK upi SBI Card PhonePe SBI SELECT BLACK

Quick comparison

Three core metrics

Mojo Platinum Kotak Mahindra Bank

Annual fee ₹1,000 Waivable at ₹1,00,000 spend
Forex markup 3.5%
Domestic lounge 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹75,000 spend in the previous calendar quarter

PhonePe SBI SELECT BLACK SBI Card

Annual fee ₹1,499 Waivable at ₹3,00,000 spend
Forex markup 3.5%
Domestic lounge 4/year (1 per quarter)

Reward earning explained

Per card

Mojo Platinum

1 pt / ₹100 · Up to 2.5 pts / ₹100 on online spend

Limited data

PhonePe SBI SELECT BLACK

1 pt / ₹100

Limited data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (Kotak Mahindra Bank Mojo Platinum: ₹1,000 vs SBI Card PhonePe SBI SELECT BLACK: ₹1,499), forex markup (3.5% vs 3.5%), or lounge access (8/year (2 per quarter) vs 4/year (1 per quarter)).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.
Lounge access Kotak Mahindra Bank Mojo Platinum wins

Kotak Mahindra Bank Mojo Platinum is better for lounge access

Kotak Mahindra Bank Mojo Platinum is stronger here. Domestic lounge access is 2 per quarter.
Rewards SBI Card PhonePe SBI SELECT BLACK wins

SBI Card PhonePe SBI SELECT BLACK is better for rewards

SBI Card PhonePe SBI SELECT BLACK is stronger here. SBI Card PhonePe SBI SELECT BLACK conservative base value ~1% vs Kotak Mahindra Bank Mojo Platinum's ~0.2%.
upi SBI Card PhonePe SBI SELECT BLACK wins

SBI Card PhonePe SBI SELECT BLACK is better for UPI usage

SBI Card PhonePe SBI SELECT BLACK is stronger here. Supports UPI via RuPay network.

Kotak Mahindra Bank Mojo Platinum

Confidence: Low (limited information available)

Verify with issuer

SBI Card PhonePe SBI SELECT BLACK

Confidence: Low (limited information available)

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

PhonePe SBI SELECT BLACK: ~₹500/month at base rate
Kotak Mojo Platinum: ~₹100/month at base rate

Illustrative only, using current base rates before caps.

Swipe for all fields

Field	Mojo Platinum Kotak Mahindra Bank	PhonePe SBI SELECT BLACK SBI Card
Lounge Access
Domestic lounge visits 8/year (2 per quarter) vs 4/year (1 per quarter)	8/year (2 per quarter)	4/year (1 per quarter)
International lounge visits Only available for PhonePe SBI SELECT BLACK	Not specified	4/year
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Annual fee ₹1,000 vs ₹1,499	₹1,000	₹1,499
Joining fee ₹1,000 vs ₹499	₹1,000	₹499
Fee waiver spend ₹1,00,000 vs ₹3,00,000	₹1,00,000	₹3,00,000
Interest-free period Up to 51 days vs Up to 50 days	Up to 51 days	Up to 50 days
Rewards
Points per ₹100 Some reward lanes are unsupported — base rate only for comparison.	1 pt / ₹100	1 pt / ₹100
Conservative base value ~0.2% vs ~1%	~0.2%	~1%

Notes

Some data has low confidence — verify with the issuer before relying on it.
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.