How to redeem reward points on Kotak Mahindra credit card?
Aarav Mishra
Asked 12 May 2026
I have accumulated around 20,000 reward points on my Kotak Mahindra credit card. What is the redemption value in rupees and the best way to use them?
2 Answers
On the annual fee — most premium cards waive it if you spend ₹1.5L to ₹3L in the previous year. Wallet loads (Paytm, Amazon Pay balance) usually DON'T count. But utilities, fuel, and grocery do. Spend pattern matters more than absolute number.
The 'minimum due' trap is real. Banks love it because they charge ~36-42% interest on the carried-forward amount. If you can't pay the full bill this month, pay at least 50% — anything below that and the interest eats the rewards of the next 6 months.
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