Kotak Central Travel Account Credit Card
KeepFree, corporate-billed, and the one Kotak travel product whose train tickets carry a surcharge.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until Kotak Mahindra Bank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
3 notes on the card itself: how it is issued · the network variants · why it ranks #566
Why #566 Carried, not ranked. Kotak's lodged travel account: free, on the corporate shelf's standard money terms — and the one Kotak names, with the Travel Agent and Purchase cards, on the CHARGED side of the railway surcharge while every corporate T&E card is waived.
The take
Kotak's Central Travel Account is the lodged account for a company's travel spend, and it is the thinnest-documented product on Kotak's commercial shelf. It has no product page, no Key Fact Statement and no feature list. What it has is four rows in the corporate MITC, and they are worth reading in order. It is free: clause 5.1 prices it "NIL | NIL" against joining and annual fees. It costs what the rest of the shelf costs to carry: clause 5.3 puts it at 3.30% a month, 39.60% a year, with cash withdrawal marked NA — no cash under Kotak's Corporate Liability Programme at all. The standard payment window is 18 days after the statement, with the interest-free period capped at 48 days from the start of the billing cycle. And then clause 5.6, which is the one that matters on a travel account. The railway booking surcharge is "Applicable" to the Travel Agent card, the Central Travel Account and the Purchase Card, and "Waived" for Corporate Basic, Corporate Classic, Privy League Platinum, Wealth Signature and Corporate Platinum. A company that lodges its rail bookings here pays the surcharge that the same company's employee cards would not. The fuel surcharge waiver list does not name this account either. Foreign spend runs up to 3.50%, and utility and insurance payments carry 1.1%. There is no reward rate, no benefit list and no insurance schedule published for it — which is a real difference from what HDFC, Axis, ICICI and SBI put in writing for their equivalents, all four of which publish either travel insurance limits or a benefits page. If Kotak's account is under consideration beside those, that gap is the finding.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Kotak Mahindra Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 1 Jun 2025 Kotak's June-2025 fee wave washes over the premium deck issuer-wide
- 12 Feb 2025 RBI lifts Kotak's ten-month card-issuance ban issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Nil to open and nil a year, in the corporate MITC's own fee table
- Corporate liability, on the same Corporate Card programme as Kotak's employee cards
- Interest-free credit up to 48 days from the start of the billing cycle, with an 18-day standard payment window
- Card replacement after loss or damage is waived across Kotak's commercial shelf
Watch out
- Railway bookings carry the surcharge: MITC clause 5.6 names the Central Travel Account on the Applicable side while every corporate T&E card is waived
- Kotak publishes no product page, Key Fact Statement, benefit list or insurance schedule for it — the MITC's four rows are the entire record
- No reward rate; the MITC puts any incentive at the bank's discretion, per company, by email
- The fuel surcharge waiver list does not name this account
- Revolving costs 3.30% a month, 39.60% a year, and the minimum amount due can be the entire bill
- No cash: withdrawal is not available under Kotak's Corporate Liability Programme
- Forex runs up to 3.50%, the Indian norm
- No lounge access is published for it, and it opens no door on our map
What these points actually fly
Kotak Mahindra Bank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Corporate only, through Kotak's commercial-cards desk at service.corporatecards@kotak.com, with a Kotak Corporate Credit Card Agreement signed at onboarding and a Program Administrator or Authorised Signatory running the programme. Kotak publishes no turnover, headcount or spend bar — and, unusually for this shelf, no page describing the account to enquire about.
Kotak Mahindra Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 30 Sept 2026Dream Different's unredeemed reward points expire after 30 September 2026Reward points accrued on the Dream Different Credit Card up to 31 March 2026 sitting in the account with no stated expiry date → A hard forfeiture date — "After 30th September, 2026, any unredeemed Reward Points will automatically expire"
The second half of the note that closed the programme is the part holders can still act on. Kotak's cardholder agreement gives every Dream Different point accrued up to 31 March 2026 a six-month redemption window that shuts on 30 September 2026, after which unredeemed points are forfeited outright. At the agreement's own conversion rate of 25 paise per point, a year of the card's headline 4-points-per-₹100 online earn on ₹1 lakh of online spend is roughly 4,000 points, about ₹1,000 — small money, but money that becomes zero on 1 October. Points redeem against the Kotak catalogue (flights, hotels, vouchers, merchandise) or as a statement credit through the rewards portal or the contact centre, each with its own minimum, so a last-week redemption risks missing the date on processing alone.
- 1 Sept 2026Kotak's Dream Different joining fee goes ₹250 → ₹424 and the waiver disappears
- 1 Sept 2026Kotak halves dynamic currency conversion on Dream Different, 3.5% to 2%
- 1 Apr 2026Kotak discontinues the reward points programme on Dream Different
- 1 Jun 2025Kotak guts Privy League Signature and pulls it from sale
- 1 Jun 2025Kotak's June-2025 fee wave washes over the premium deck
- 12 Feb 2025RBI lifts Kotak's ten-month card-issuance ban
- 12 May 2022Kotak quietly lists White Reserve — a card with no earn rate
Every Kotak Mahindra Bank change we've dated → 8 events since 2022, 5 of them nerfs — worst year 2026.
Verified against Kotak Mahindra Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.