Kotak Myntra Credit Card with zero fee for upto 3 years

[Chitra007]

https://www.myntra.com/cbc/store

 

[SSV]

For 1.25% cashback, do we need to make a transaction of 2k? or total 2k spend in a month?

Each transaction to be above 2k in order to be eligible for 1.25 % CB on UPI spends

 

[Chaitanya-a]

Then I would have paid a net of 950 rupees of real money from my account but if I redeem 1k neucoins then I'm paying 0 from my bank account.

That's just different perspective. I'm siding with another one which says using NeuCoins is a depreciation where we miss 5% cashback and other bank offers.

 

[SSV]

Depreciation means you won't get NeuCoins on using NeuCoins payment method and won't get bank offer as well on that amount.

If you have paid that 1k from any other payment method, you would've got 5% NeuCoins & bank offer as well.

That's just different perspective. I'm siding with another one which says using NeuCoins is a depreciation where we miss 5% cashback and other bank offers.

Just to make things clear…
In this case its called “Opportunity cost” not a depreciation…

 

[Aniket]

Any way to get this approved?
I tried opening Kotak 811 but didnt complete it.
Whenever I apply a card on Kotak, they reject it because of partial KYC. Infact I dont even get an option to do a KYC.

Go and visit your nearest branch and do full KYC with biometric authentication, then you're good to go, otherwise your account will get permanently closed on this ground.

 

[Aniket]

1860 266 2666

Unfortunately, it is not toll-free, and during the wait time, they bombard you with ads for 15 to 30 minutes. Once connected to a customer care representative, they often lack sufficient knowledge to address the issue effectively. Additionally, be prepared for feedback calls after the interaction.

 

[kshitij_0]

Any way to directly get Rupay card after applying before/after approval?

 

[Akash Topder]

That's just different perspective. I'm siding with another one which says using NeuCoins is a depreciation where we miss 5% cashback and other bank offers.

Not a perspective at all. Yes this is true that statement credit is the best. One of the reason SBI cashback card is that popular but even on cashback cards with wallet system like Neu cards and Apay card you can redeem the whole amount of cashback and don't need to pay any real money from account at all. The only proper reason to choose other UPI cards over neucards is because neucards are HDFC cards so no 1% cashback with HDFC Billpay. In that way Other UPI cards with even 1% UPI cashback will give more benefit as you can pay their bills and further get 1% CB as well.

 

[HIMANSHU76888]

My card is approved. It’s MC variant. I’ll not activate it most probably.

mine is also a mastercard

 

[Aniket]

Any way to directly get Rupay card after applying before/after approval?

Before: You can choose to apply for the same.

After: You can request to convert into Rupay Network.

 

[Vasuki]

Any way to get this approved?
I tried opening Kotak 811 but didnt complete it.
Whenever I apply a card on Kotak, they reject it because of partial KYC. Infact I dont even get an option to do a KYC.

You know the problem
You know the solution..
.so are you asking something or just takeing it off your chest

 

[Vasuki]

mine is also a mastercard

All 3 yr gonna be mastercard

 

[prc1990]

3 year FYF .

3 year FYF does not sound logical, it should be termed as FTYF 🤣.

 

[Vasuki]

3 year FYF does not sound logical, it should be termed as FTYF 🤣.

If this card was at 1-1.5 lakh fees reversal criteria.. this would have been best card rupay

 

[Gaara]

Any way to directly get Rupay card after applying before/after approval?

Kotak did not give me any option to choose from, they gave Rupay card directly. (Possible reason, I already hold a card with them so allotted second card in rupay variant)

 

[Gaara]

My card is approved. It’s MC variant. I’ll not activate it most probably.

Reason? fees applicable?

 

[Unleash]

Same here applied two days back, no status yet. Tracking says application is in process. ETB here

Card has been approved, supposedly got MC version. Reaching their support now to confirm the 3 years offer.

 

[Animal]

That's just different perspective. I'm siding with another one which says using NeuCoins is a depreciation where we miss 5% cashback and other bank offers.

This discussion reminded me of another thread where 2 guys were fighting over Infinia and Atlas rewards rate calculation.

Keep calm and be happy with the calculation which suits you. No one is right or wrong. We should respect different perspectives.

 

[Animal]

Reason? fees applicable?

Not only fees. I applied mainly in the hope for Rupay variant to get 1.25% cashback on UPI.

Otherwise for Myntra I can buy voucher using Infinia.

 

[kshitij_0]

Before: You can choose to apply for the same.

After: You can request to convert into Rupay Network.

I didn't get any option to choose from.

Kotak did not give me any option to choose from, they gave Rupay card directly. (Possible reason, I already hold a card with them so allotted second card in rupay variant)

Same here. I think even I got Rupay Variant.
Please check if this is confirmed Rupay.

 

[Chaitanya-a]

I didn't get any option to choose from.

Same here. I think even I got Rupay Variant.
Please check if this is confirmed Rupay.

Yup this is Rupay Variant only