The Kotak League Platinum Credit Card sits at the entry level of Kotak's credit card lineup, targeting first-time cardholders and those who prefer a low-fee rewards card. With a joining and annual fee of just ₹499 each, and the option for a lifetime free variant through select application channels, the barrier to entry is minimal. The annual fee gets waived if you spend ₹50,000 in a year, a fairly achievable target for regular spenders.Rewards on this card follow a tiered structure. You earn 8 reward points per ₹150 on special categories like travel agencies, airlines, electronics, and departmental stores. On other spending categories, you earn 4 points per ₹150 until your annual spends cross ₹2 lakh, after which everything earns 8 points per ₹150. New cardholders also receive 5,000 reward points worth ₹500 as a joining gift.The milestone benefit stands out for movie lovers: spend ₹1.25 lakh in any 6-month period, and you can pick 4 free PVR tickets or 10,000 reward points. On the savings side, the card provides a 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000, capped at ₹3,500 per year. Railway surcharge waivers add another ₹500 in annual savings.On the flip side, the card comes with a 3.5% foreign currency markup, no airport lounge access, and a 45% annual interest rate on revolving balances. Recent policy changes from June 2025 have introduced 1% transaction charges on wallet loads, gaming, and fuel or utility spends above certain thresholds. Reward points no longer accrue on categories like insurance, rent, education, and fuel. This card works best for domestic spenders who stick to everyday purchases and enjoy occasional movies.
