ICICI MMT or Kotak Ka-Ching XL?

[Grim]

Hi
Rn, have Kotak ka-ching xl card with a limit of Rs.23K and no offer for upgrade or good LE past 2 years. I am considering closing this card as there is no benefit due to the low limit. Confused between Kotak ka-ching xl and the newly launched ICICI MMT Signature card. Suggestions are appreciated.

My spending on the ka-ching xl card is on fuel (it earns 2% benefit), groceries, movie tickets and rarely for dining purposes. Seldom I purchase Indigo flight tickets as most of the time I cannot use this card for the same due to the low limit. I use Amazon apay for shopping on amazon, utility payment, and, for other online spends like on cab, swiggy zomato I use sbi cashback.

I shared my salary slip with Kotak in Jan 2023 and they only gave 5K LE. I have had this card since Dec 22, I upgraded from Kotak ka-ching.
Also, I am considering the upi spends return in comparison to ICICI Coral Rupay as mmt point values 1point=Rs.1

 

[Anupama_Jha]

Keep a kotak card in portfolio. Useful for instant discounts.

Send LE docs every month over mail. They will accept one day.

 

[Grim]

Keep a kotak card in portfolio. Useful for instant discounts.

Send LE docs every month over mail. They will accept one day.

Thanks for your advice 🙂,I will pay for this card for the coming year, I contacted the kotak cc team, and they replied that co-branded cards cannot be made ltf, and due to ban they cannot upgrade to any other card. She insisted on paying for the next year and keep using the card.