Kotak Zen Signature Credit Card
Kotak Mahindra Bank · Visa
Why this card?
- 1.33% back in reward points on shopping, up to ₹1,300 a month; 0.67% on other spends
- ₹1,500 joining and annual fee; renewal fee waived on ₹1.5 lakh yearly spend
- 2 domestic and 3 international airport lounge visits a year
- 1% fuel surcharge waiver
Card details
- Issuer
- Kotak Mahindra Bank
- Network
- Visa
- Annual Fee
- ₹1,500
- Joining Fee
- ₹1,500
- Reward Type
- points
- Best Reward Rate
- 1.33% on shopping (capped at ₹1300/month)
- Forex Markup
- 3.5%
- Domestic Lounge
- 2/yr
- Min. Monthly Income
- ₹40,000
- Rates verified
- 2026-10-06
Our verdict
Kotak Zen Signature offers 8 domestic lounge visits a year and 3 international Priority Pass visits for ₹1,500/year, plus 10 Zen points per ₹150 (about 1.33% back) on shopping — apparel, lifestyle goods, departmental stores and jewellery. Other spends earn 5 points per ₹150 (about 0.67% back). The fee waiver at ₹1.5L keeps it affordable for moderate spenders who shop often and travel domestically.
Pros
- 8 domestic lounge visits per year (2 per quarter, subject to ₹75,000 spend in the previous quarter) plus 3 international Priority Pass visits — generous for ₹1,500/year
- 10 Zen points per ₹150 on shopping — about 1.33% back, capped at 6,500 points per billing cycle
- 5 points per ₹150 on other spends — about 0.67% back
- Fee waiver at ₹1.5L — moderate and achievable threshold
Cons
- 3.5% forex markup — expensive for overseas use
- Shopping accelerator capped at 6,500 points (₹1,300) per billing cycle, with no points on fuel, rent or wallet loads
- Reward point value of about 20 paise per point needs volume to deliver meaningful returns
- Not distinctive enough vs Axis Privilege or HDFC Regalia First in the same fee range