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Kotak Mahindra Is Bank Now Accepting New Credit Card Applications

With so many exclusions in kiwi, how did you achieve 1.5L milestone - any broad categories will help to plan my UPI expense
I have net spends of ₹1.15L, with actual spending at ₹1.36L. However, ₹21.2K turned out to be ineligible, which I only realized after using it. Most of my spending was during my Kerala trip last October, all through genuine Scan & Pay transactions and some online purchases. I still need to spend ₹35K more to hit the sweet ₹1.5L milestone, and I have four months left to complete it. I don’t have any big spends lined up, so I’m looking for a hack.
 
In response to USA tariff, govt is killing VISA and Mastercard and promoting rupay.
Why are you saying the opposite? The Indian govt is indirectly promoting Visa/Mastercard.

Due to Trump's tariff war, the Indian govt has set RuPay cards MDR to zero.

As a result, private banks are promoting Visa/Mastercard more.

Now, last month this issue is openly making it to the news and most banks will further promote Visa/Mastercard.
 
Why are you saying the opposite? The Indian govt is indirectly promoting Visa/Mastercard.

Due to Trump's tariff war, the Indian govt has set RuPay cards MDR to zero.

As a result, private banks are promoting Visa/Mastercard more.

Now, last month this issue is openly making it to the news and most banks will further promote Visa/Mastercard.
Kotak is charging less fees on Rupay compared to VISA/Master.
 
Kotak is charging less fees on Rupay compared to VISA/Master.
That is temporary; it's to increase RuPay's share.

There have been zero card issuances on RuPay. Some percentage of RuPay shares need to be there, that's why.

Banks do the same with Visa/Mastercard as well.

And Kotak is a private bank; it doesn’t follow govt directives, private banks look after their own interests.

If it were PSU banks, then to some extent, the point would be valid.
 
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