Kotak Zen Signature Credit Card
Joining Fee: ₹1,500 + GST
Renewal Fee: ₹1,500 + GST
Reward Type: Reward Points
Welcome Benefits
Get 1,500 Zen Points upon payment of the joining fee of Rs. 1,500. This welcome offer is exclusive to the primary cardholder and cannot be availed on add-on cards.
Rewards Program
KayMall Spends: Earn 15 Zen Points for every Rs. 150 spent on purchases made through KayMall, making this an ideal card for online shoppers.
Other Categories: Earn 5 Zen Points per Rs. 150 spent on all other categories.
Exclusions: No reward points are earned on fuel or EMI transactions.
Milestone Benefits
Annual Spend of Rs. 3,00,000: Earn 7,500 bonus Zen Points.
Annual Spend of Rs. 6,00,000: Earn an additional 15,000 bonus Zen Points.
Reward Redemption
Value of Zen Points: 1 Zen Point is worth Re. 0.25.
Redemption Options: Zen Points can be redeemed through the Kotak Rewards program for shopping vouchers, discounts on partner deals, or converted into cash to pay for purchases at select merchant outlets.
Travel Benefits
Domestic Lounge Access: Get 8 complimentary domestic lounge visits annually (2 per quarter) at select airport lounges through the Visa Airport Lounge Access Program.
International Lounge Access: Enjoy 3 complimentary international lounge visits per year through the Priority Pass membership, valid for 1 year for the primary cardholder. The offer is subject to completing at least 4 transactions in the previous year.
Fuel Surcharge Waiver
1% Surcharge Waiver: Get a 1% waiver on fuel surcharge for transactions between Rs. 500 and Rs. 3,000. The maximum annual benefit is capped at Rs. 3,500. No reward points are earned on fuel transactions.
Spend-Based Annual Fee Waiver
Spend Rs. 1,50,000 or more in a membership year and get the annual fee of Rs. 1,500 waived.
Summary
The Kotak Zen Signature Credit Card is an excellent choice for online shoppers, particularly those who frequently use KayMall, where you can earn 15 Zen Points for every Rs. 150 spent. For other categories, the card offers 5 Zen Points per Rs. 150, while fuel and EMI transactions are excluded from earning rewards. New cardholders receive a welcome benefit of 1,500 Zen Points upon paying the Rs. 1,500 joining fee. The card also features milestone rewards, such as 7,500 Zen Points for annual spends of Rs. 3 Lakhs and 15,000 Zen Points for spends of Rs. 6 Lakhs. Zen Points are valued at Re. 0.25 each and can be redeemed for shopping vouchers, partner discounts, or even converted into cash. For travelers, the card offers 8 complimentary domestic lounge visits and 3 international lounge visits per year via Priority Pass. Additionally, it provides a 1% fuel surcharge waiver and the annual fee waiver on spending Rs. 1.5 Lakhs annually. With its strong rewards structure and added perks like lounge access, this card is perfect for frequent online shoppers and travelers.