Kotak Mojo Platinum Credit Card: Fees, Mojo Points & Real Value

Kotak Mojo Platinum Credit Card: Fees, Mojo Points & Real Value

The Kotak Mojo Platinum Credit Card is an online-shopping-focused card that rewards cardholders with Mojo Points, particularly on digital spends. It also includes 5% cashback on select popular partners like Swiggy, PVR, and Cleartrip. Here’s the 2026 breakdown.

Key Fees

  • Joining fee: verify current (typically around ₹500-1,000 + GST)
  • Annual fee: similar range, waived on ₹1 lakh annual spend (Years 1 and 2 only)
  • Joining fee waiver: on ₹30,000 spend in first 90 days
  • Fuel surcharge waiver up to ₹3,500 annually

Reward Structure

  • Unlimited 2.5 Mojo points per ₹100 on online spends
  • Unlimited 1 Mojo point per ₹100 on all other spends
  • Exclusions: fuel and cash withdrawals
  • Milestone: 2,500 Mojo points every quarter on ₹75,000 spend (Year 1 only)

5% Cashback Partners

  • Swiggy and Swiggy Instamart
  • PVR
  • Cleartrip
  • Urban Company

Lounge Access

  • 8 complimentary airport lounge visits per year (2 per quarter)
  • Available at 27+ outlets — both domestic and international terminals in India

Other Benefits

  • Railway surcharge waiver: 1.8% on IRCTC, 2.5% at Indian Railways counters (cap ₹500/year)
  • Contactless payments
  • EMI conversion on large purchases

Who Should Get It

  • Online shoppers — 2.5X on online spends is competitive
  • Users who frequent Swiggy, PVR, Cleartrip, or Urban Company
  • Urban professionals with ₹1 lakh+ annual spend to trigger fee waiver
  • Kotak customers wanting broader rewards beyond the basic 811 DreamDifferent

When to look elsewhere

  • Amazon Pay ICICI (zero fee) gives 5% on Amazon which likely beats Mojo for Amazon-heavy users
  • Flipkart Axis gives 5-7.5% on Flipkart/Myntra spend
  • Year 3 onwards fee waiver isn’t available — evaluate ongoing value

How to Apply

Apply on the Kotak Mojo Platinum page. Eligibility: salaried ₹25,000+/month, CIBIL 720+.

Final Verdict

Kotak Mojo Platinum is a decent online-shopping-and-lifestyle card with a good 5% cashback partner list and 8 lounge visits at a modest fee. Best suited for Kotak customers whose online spend overlaps with the 5% partner merchants. Not the strongest card in any single category, but a solid all-rounder for its fee tier.

See also: Kotak 811 DreamDifferent review, Kotak League Platinum review.

Last updated: April 2026. Verify current terms on Kotak’s Mojo Platinum page before applying.