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Kotak Air Credit Card
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Kotak Air Credit Card

Kotak Mahindra Bank

Joining Fee₹999Renewal Fee₹999Waived at ₹2,50,000 annual spend some spends excluded
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Last verified: 23 Sept 2026

Reward Program

Air Miles1 point = ₹1.00
CategoryEarn RateMonthly Cap

Flight and hotel bookings, and their add-ons, on the Kotak Unbox travel platform

3%₹5,000/monthly
All other spends1%No cap

Redemption fee: 0

🔁

Managed via Kotak Unbox travel platform (accessed through Kotak net banking and the Kotak mobile app)

Transfer partners

Flight and hotel bookings on the Kotak Unbox travel platform — 1 Air Mile = ₹1, stated on the card page and repeated in the FAQ. A minimum of 500 Air Miles is needed per redemption, Air Miles may cover at most 80% of the booking value, and the cardholder chooses the split between Air Miles and card.Instant voucher purchases on Kotak Unbox — 1 Air Mile = ₹0.50, half the travel rate. Minimum 500 Air Miles.Transfer to airline partners — Air India (Maharaja Club) and Marriott Bonvoy at 3 Air Miles : 1 partner point, and British Airways (Executive Club), Cathay Pacific (Asia Miles), Air France (Flying Blue), United Airlines (MileagePlus), Qatar Airways (Privilege Club) and Accor ALL at 2 Air Miles : 1 partner point. Minimum 1,000 Air Miles per transfer and a hard ceiling of 1,00,000 Air Miles per card account per calendar year. Kotak publishes no rupee value per partner mile, so these transfers cannot set the valuation.

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Benefits

🛋️

Lounge Access

2 domestic visits/quarter

0 international visits/quarter

Primary cardholders only — add-on cardholders get none. Four complimentary domestic lounge visits a year, capped at 2 per calendar quarter, and every visit is conditional: the cardholder must have spent ₹60,000 or more in the previous calendar quarter to unlock access in the next one. A new cardholder therefore has no lounge access in their first quarter, and a quarter under ₹60,000 costs the following quarter's visits. A ₹2 validation charge is levied on the card for each domestic visit. No international lounge access.

⛽

Fuel Surcharge Waiver

1% fuel surcharge waiver at petrol pumps across India on transactions between ₹500 and ₹5,000, capped at ₹3,500 in an anniversary year. No Air Miles accrue on fuel transactions at all — fuel MCCs 5172, 5541, 5542, 5552 and 5983 are on the card's exclusion list — so the waiver is the only fuel benefit.

₹1,000🎁

Welcome Benefit

1,000 bonus Air Miles

Credited within 120 days of card issuance and only on payment of the joining fee.

₹1,000🔄

Annual Benefit

1,000 bonus Air Miles on completion of each anniversary year

Credited within 30 days of annual fee payment.

A recurring benefit rather than a fee waiver: 1,000 Air Miles are credited within 30 days of paying the ₹999 annual fee each anniversary year. At 1 Air Mile = ₹1 on Kotak Unbox travel that is ₹1,000 against a ₹999 fee, so the renewal benefit alone roughly covers the fee — but only if the fee is actually paid. Cardholders who clear the ₹2.5 lakh spend-based waiver save the fee and forgo the 1,000 Air Miles, which is close to a wash; the waiver wins on the fee's GST.

Reward Calculator

Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.

What this card is worth

Open a section and enter what you actually spend. Everything updates as you type.

Fees & Charges

Joining Fee₹999/yr
Renewal Fee₹999/yr
Fee WaiverSpend ₹2,50,000/year
Forex Markup3.5%
Interest Rate45% p.a.
Cash Advance Fee2.5% of the advance amount, subject to a minimum of ₹500.
Reward Redemption Fee0

Spends That Don’t Count

Kotak leaves these categories out when totalling your spend. They still earn rewards where the card pays on them — they just do not move you toward the target below.

Excluded from the fee waiver

Toward the ₹2,50,000/year waiver

  • EducationCoaching, College fees, Online courses, School fees
  • Everything elseRent, Society maintenance, Wallet top-ups
  • Getting aroundCabs, City bus, FASTag and tolls, Metro
  • TravelBuses, Forex card loads, Trains
  • UtilitiesBroadband, DTH or cable, Electricity, Mobile recharge, Piped gas, Water

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