Kotak Privy League Signature Credit Card (DISCONTINUED): Reference for Existing Cardholders

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⚠ DISCONTINUED: Per the official Kotak Mahindra Bank product page (verified Apr 2026), the Privy League Signature Credit Card has been discontinued for new sourcing. Existing Privy customers continue to use it. The page now shows: 5 RP per ₹100 on special categories + 2 RP per ₹100 retail (Shopper Plan) · 6,400 quarterly bonus RP · Priority Pass lounges · concierge.

Kotak Privy League Signature Credit Card Review

Kotak Mahindra Bank · Premium relationship · Visa Signature
Our score: 7.4 / 10
Annual fee: ₹0 (relationship-linked)
Reward rate: 4 RP per ₹150 + premium perks
Lounge: 8 international + unlimited domestic
Forex: 2%

Best for: Kotak Privy League (HNI tier) customers — issued free as part of the relationship; public applications not available.

What we like
  • Typically issued lifetime free for Privy League customers
  • Unlimited domestic + 8 international lounges/year
  • 2% forex
  • Relationship-linked concierge
  • Meets-and-greets at airports
  • Dedicated service line
Watch out for
  • Relationship-gated — public cannot apply
  • Rewards are average if Privy tier lapses
  • Redemption catalogue narrow
  • Loses LTF status if relationship downgraded

Fees & charges

ItemCharge
Joining feeLTF for Privy League
Renewal feeLTF for Privy League
Finance charge3.5% p.m.
Cash advance fee2.5% (min ₹500)
Forex markup2%
Late payment feeUp to ₹1,300

Rewards structure

Earn 4 RP per ₹150 on retail (1-1.5% cashback). Focus is on privileges, not rewards. Privy customers also get exclusive Kotak Private offers (pre-IPO allotments, select mutual fund discounts) which are separate from card rewards.

Key benefits

  • Unlimited domestic lounge access (primary + add-on)
  • 8 international lounge visits/year via Priority Pass
  • 2% forex markup
  • Global concierge service
  • Airport meet & greet on international departures (select airports)
  • Golf at partner courses

Who the Kotak Privy League Signature is for

Kotak Privy League tier customers (AUM ₹25L+ in Kotak Group). Not available as a standalone product. Evaluate as part of overall Privy value proposition, not as a card-alone decision.

Final verdict

An excellent benefits bundle if you already qualify for Privy League. Not a reason by itself to move AUM into Kotak — but if you're there, claim the card.

FAQ

Can non-Privy customers apply for Signature?

No — this card is issued only to existing Privy League relationship customers as a privilege benefit.

What happens if I downgrade from Privy League?

Card reverts to regular fee tier (₹4,999+), and some privileges reduce accordingly.

Does it include family add-ons?

Yes — up to 4 add-on cards free for immediate family members.

Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.

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