League Platinum

Joining ₹499 · Annual ₹499 · Waived on ₹50,000 of annual retail spends

Fee break-even: ≈₹1,84,815/yr through this card at its base rate. Below that, the fee eats the rewards.

Earns Reward Points · assumed 0.1 ₹/point. 10 paise per point, Kotak's own MITC rate for this card

Verified 13 Aug 2026

Forex markup3.5%

Fuel surcharge1% waived on transactions between ₹500 and ₹5,000

EMI₹249 per conversion at a merchant, up to 3.5% of the amount converting a billed balance processing fee · A converted purchase stops earning rewards · Kotak's Instant EMI terms state a one time fee of ₹249 per conversion. Gold cannot be converted. · EMI transactions earn no points under Kotak's MITC

Return by category

Category	Return	Notes
Online spend	0.27%	Base rate
Amazon	0.27%	Base rate
Flipkart	0.27%	Base rate
Subscriptions & OTT	0.27%	Base rate
Offline spend	0.27%	Base rate
UPI spending	0%	Kotak markets no RuPay variant of League, so treat UPI as unavailable
Dining	0.27%	Base rate
Swiggy	0.27%	Base rate
Zomato	0.27%	Base rate
Groceries	0.27%	Base rate
Quick commerce	0.27%	Base rate
Swiggy Instamart	0.27%	Base rate
Blinkit	0.27%	Base rate
BigBasket	0.27%	Base rate
Movies & shows	0.27%	Base rate
BookMyShow	0.27%	Base rate
PVR INOX	0.27%	Base rate
Fuel	0%	No points, the surcharge waiver stands in
Travel (general)	0.27%	Base rate
Flights	0.27%	Base rate
Hotels	0.27%	Base rate
MakeMyTrip	0.27%	Base rate
IRCTC rail	0.27%	Base rate
International	−3.23%	0.27% reward − 3.5% forex markup
Utilities & bills	0%	Restricted MCCs earn no points under Kotak's exclusion list
Rent	0%	Rent MCCs earn nothing
Education fees	0%	Education MCCs earn nothing
Insurance premiums	0%	Restricted MCCs earn no points
Government & tax	0%	Government MCCs earn nothing
Wallet loads	0%	Wallet loads earn nothing
Anything else	0.27%	Base rate
Jewellery	0.27%	Base rate

Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.

Other exclusions

EMI transactions earn no points under Kotak's MITC

Kotak Mahindra Bank League PlatinumBest for A cheap Kotak entry2.9 / 5

What we liked

₹499 waived at just ₹50,000 of spends
The rate doubles once annual spends pass ₹2 lakh

What to mind

Even the doubled rate is only about 0.53%
Eight excluded categories
Points are worth 10 paise, among the weakest currencies here

Sources

Every figure above comes from the issuer's own pages and documents. Last verified 13 Aug 2026.

Spotted an outdated rate?