Kotak Royale Signature Credit Card
Kotak Mahindra Bank · Visa
Closed to new applicants. Kotak Mahindra Bank has stopped issuing this card; existing cardholders keep their benefits.
Why this card?
- Closed to new applicants
- 0.27% back in reward points on eligible spends
- ₹1,499 joining fee, ₹999 annual fee; renewal fee waived on ₹1 lakh yearly spend
- 8 domestic airport lounge visits a year
- 1% fuel surcharge waiver
Card details
- Issuer
- Kotak Mahindra Bank
- Network
- Visa
- Annual Fee
- ₹999
- Joining Fee
- ₹1,499
- Reward Type
- points
- Best Reward Rate
- 0.27% on all eligible spends
- Forex Markup
- 3.5%
- Domestic Lounge
- 8/yr
- Min. Monthly Income
- ₹25,000
- Rates verified
- 2026-10-06
Our verdict
Kotak has stopped taking new applications for this card. Kotak Royale Signature is a mid-tier points card with 4 reward points per ₹150 (about 0.53% back) on accelerated categories, about 0.27% back on other spends, and 2 domestic lounge visits per quarter. It carries a ₹999 annual fee and ₹1,499 joining fee; the annual fee is waived at ₹1 lakh of annual spend.
Pros
- 4 reward points per ₹150 (about 0.53% back) on accelerated categories
- 2 complimentary domestic lounge visits per quarter, subject to ₹75,000 spend in the calendar quarter
- Annual fee waived at ₹1 lakh annual spend
Cons
- 2 quarterly domestic lounge cap, tied to quarterly spend — limited for frequent travelers
- No international lounge access
- ₹1,499 joining fee; the ₹1 lakh/year waiver (about ₹8,300/month) applies only to the annual fee
- 2 RP per ₹150 base earn (about 0.27% back) and 3.5% forex markup