Kotak Corporate Platinum
KeepTwo lounge visits a quarter for ₹999 — and an earn rate your company negotiates.
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 #460
Why #460 A business card carried, not ranked. What it is: Kotak's mid-tier corporate expense card at ₹999 all-in — two lounge visits a quarter for the primary cardholder, a travel-insurance block that pays on flight delays and lost bags, and an earn rate Kotak negotiates per company rather than publishes.
The take
Corporate Platinum is the card Kotak hands the middle of a company's org chart, and at ₹999 including GST it is the cheapest real lounge entitlement on India's commercial shelf: two airport-lounge visits every calendar quarter, eight a year, for the primary cardholder only, against Set B of Kotak's own published India lounge list. Behind that sits a genuine travel-insurance block — ₹10,000 each for flight delay beyond six hours, carrier cancellation, lost or delayed checked baggage, valuable documents and a missed international connection, plus ₹50,000 of card-liability cover — underwritten by Zurich Kotak and applicable, Kotak says, only to primary cardholders on cards active in the last 90 days. What you cannot look up is what it earns. Kotak's own MITC says the incentive programme is offered "at the exclusive discretion of the Kotak Bank", "may vary from Card to Card" and is communicated by a relationship manager over email — so the rate on your company's cards was set in its commercial-card agreement, and this desk will not invent one. The rest is ordinary: forex up to 3.5%, the Indian norm, so this is not a card to carry abroad; interest at 3.30% a month, which is 39.6% a year and among the steepest Kotak charges anywhere; no cash withdrawal at all. Fuel and railway surcharge waivers apply, and Kotak notes they land only on the paid annual-fee variant — which this one is.
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
- 2 complimentary airport-lounge visits every calendar quarter — eight a year, primary cardholder only, on Set B of Kotak's own India lounge list
- ₹999 a year including government taxes, and nothing to join
- Travel insurance from Zurich Kotak: ₹10,000 each for flight delay past 6 hours, carrier cancellation, lost or delayed checked baggage and a missed international connection
- ₹50,000 card-liability cover against lost-card, skimming, phishing and online fraud
- 1% fuel surcharge waiver on ₹500–₹3,000 fills, capped at ₹3,500 a calendar year, plus a railway booking surcharge waiver capped at ₹500
- Up to 48 days interest-free, with the company settling one consolidated bill for every employee card
Watch out
- Kotak publishes no reward rate for this card — the incentive programme is "at the exclusive discretion of the Kotak Bank" and "may vary from Card to Card"
- Forex markup runs up to 3.5%, the Indian norm — nothing here rewards spending abroad
- Revolving credit costs 3.30% a month, 39.6% a year
- Lounge visits are for the primary cardholder only — no guests, and no international lounge programme at all
- No cash withdrawal: "Cash withdrawal feature is not active on the card"
- Utility, insurance and gas bill payments carry a 1.1% transaction fee, and post-office and education payments 0.7%
- Points expire two years after they are earned, with no advance notice beyond a five-day SMS
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.
There is no consumer application. Kotak's own FAQ routes it through the company: write to the commercial-cards desk with "Name of your Entity / Name of contact person / Contact details / Number of cards" and a sales representative comes back. The terms then sit alongside a "Kotak Corporate Credit Card Agreement of the Bank ("Corporate Agreement") duly signed at the time of on-boarding". Kotak publishes no turnover or income cutoff.
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.
Every document behind this page — 4 of them, each with the day we read it
- official Most Important Terms & Conditions for Kotak Corporate Credit Cards — the ₹999 annual fee against a Nil joining fee, the incentive rate Kotak sets per company, and the travel insurance limits
- official Key Fact Statement, Corporate Platinum Credit Card (Corporate Liability) — the Nil joining fee, the ₹999 annual fee, the 3.30% monthly interest rate and the Air India transaction fee
- official Kotak Credit Cards India Lounge Programme — the enumerated list of participating lounges, and which set each Kotak card is entitled to
- official Corporate Platinum product page — the lounge quota of two visits a calendar quarter, the quarterly redemption mechanic and the corporate application route