Kotak Mahindra Bank and Myntra have partnered to introduce a revolutionary digital fashion and lifestyle credit card, the Kotak Myntra Credit Card. This co-branded credit card offers customers a seamless shopping experience with exclusive benefits and rewards. With every purchase made on Myntra’s online shopping platform using this card, customers can enjoy an instant discount of up to Rs 750. Let’s delve into the details of this exciting new offering.
A Hassle-Free Digital Journey
Applying for the Kotak Myntra Credit Card is a breeze. Customers can easily avail themselves of this card through a hassle-free digital journey, which takes just a few minutes. Both Myntra and Kotak offer a user-friendly interface, allowing existing Myntra customers to apply for the card directly through the Myntra app. It’s a seamless and convenient process that ensures quick access to the benefits of this card.
Top Features and Benefits
The Kotak Myntra Credit Card comes packed with attractive features and benefits that cater to the unique preferences and shopping habits of fashion enthusiasts. Let’s explore some of the key highlights:
1. Instant Discount on Myntra
With every transaction on Myntra, customers using the Kotak Myntra Credit Card can enjoy an instant discount of 7.5%, up to Rs 750 per transaction. This discount is applicable on unlimited transactions and doesn’t require any minimum spending threshold. It’s a great way to maximize savings while indulging in your favorite fashion and lifestyle purchases.
2. Complimentary Access to Myntra Insider
Cardholders are entitled to complimentary access to Myntra Insider, Myntra’s loyalty program. By activating their cards, customers can unlock the benefits and privileges of the loyalty program, enhancing their overall shopping experience. It’s an exclusive perk that adds value to every purchase made with the Kotak Myntra Credit Card.
3. Cashback on Popular Platforms
The rewards don’t stop there! Customers can earn a cashback of 5% on purchases made with select popular platforms, including Swiggy, Swiggy Instamart, PVR, Cleartrip, and Urban Company. This cashback further amplifies the savings and ensures that every transaction is a rewarding one.
4. Unlimited Cashback on Other Card Spends
Apart from the discounts and cashback, cardholders can enjoy unlimited 1.25% cashback on all other card spends. Whether it’s everyday essentials, dining out, or entertainment, this card offers cashback rewards on various categories, making it a versatile companion for any lifestyle.
5. Quarterly Milestone Rewards
To add more excitement, the Kotak Myntra Credit Card offers a quarterly milestone reward of 2 PVR movie tickets. This exclusive benefit ensures that cardholders can enjoy some quality entertainment while reaching their spending milestones.
6. Welcome Benefits
Upon card activation, customers are greeted with a complimentary Rs 500 e-voucher. This welcome benefit provides an instant head-start to the shopping experience and allows cardholders to explore the vast range of products available on Myntra.
Joining and Annual Fees
The Kotak Myntra Credit Card comes with affordable joining and annual fees. Customers can avail themselves of this card by paying a nominal joining fee of only Rs 500. With this minimal fee, they gain access to a host of benefits and rewards that enhance their shopping experience.
Unmatched Privileges and Unparalleled Service
Frederick Dsouza, Business Head – Credit Cards at Kotak Mahindra Bank, expressed his enthusiasm for the launch of this credit card. He highlighted the exclusive privileges and benefits tailored to the lifestyle and fashion shopping habits of target customers. Kotak Mahindra Bank is committed to meeting the credit needs of its customers and delivering unparalleled service.
Santosh Kevlani, Vice President of Partnerships and Monetization at Myntra, emphasized the card’s dedication to fashion shoppers across different cities and its potential to create brand loyalty and recall.
Availability and Disclaimer
The Kotak Myntra Credit Card is available on both MasterCard and RuPay networks, ensuring wider acceptance and usability.
It’s important to note that the information provided in this article is based on a press release by Kotak Mahindra Bank and Myntra. For specific details and inquiries about this credit card, it is advisable to consult the bank directly.
Conclusion:
The Kotak Myntra Credit Card brings forth an innovative and rewarding approach to fashion and lifestyle shopping. With its instant discounts, cashback offers, and exclusive benefits, this card caters to the needs of fashion enthusiasts across India. It’s time to elevate your shopping experience and unlock a world of possibilities with the Kotak Myntra Credit Card.