Kotak Air+ Credit Card

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Kotak Air+ is a travel-focused Mastercard with Kotak Unbox accelerated Air Miles on flights and hotels, base earn on all other spends, domestic + international lounge access, 2% forex markup, and fuel surcharge waiver.

Score breakdown

Data completeness: 100% · Last verified: 06 Jul 2026

Reward value45/100 · weight 65%

≈ 2.34% effective on the standard basket (eligible spend only)

Wide-coverage rewards: +0.6% score bonus — earns broadly without narrow category restrictions.

No rewards on: gaming, government, wallet_load, rent, education, fuel, utilities, insurance. Reward score is scaled by ×(1 − 4.9%), proportional to how much of the standard basket falls in these excluded categories (v4 formula, capped at −5%). Tip: pair with a card that covers these.

Fee efficiency58/100 · weight 11%

Redemption flexibility75/100 · weight 8%

Perks47/100 · weight 8%

Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee: ₹3,000 + 18% GST
= ₹3,540 total
Annual fee: ₹3,000 + 18% GST
= ₹3,540 / year total
Forex markup: 2%

Lounge access

Domestic (per year): 4
International (per year): 2
Per quarter: 2 dom + 0 intl

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

Category	Type	Rate	Cap	Notes
online_travel_booking	points	5.00%(5 pts @ ₹1.00)	₹15,000 / monthly	Kotak Unbox flight & hotel bookings — 5 Air Miles/₹100 (2 base + 3 bonus); bonus 3 Air Miles/₹100 capped at 15,000 Air Miles per statement cycle; over-cap and non-Unbox travel earn the 2 base Air Miles/₹100 via all_spends.
all_spends	points	2.00%(2 pts @ ₹1.00)	—	2 Air Miles per ₹100 on all other eligible spends (unlimited, no cap).
fuel	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on fuel (excluded MCC). 1% fuel surcharge waiver applies separately.
rent	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on rent (excluded MCC).
wallet_load	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on wallet loading (excluded MCC).
government	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on government/tax payments (excluded MCC).
education	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on education (excluded MCC).
insurance	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on insurance premium payments (excluded MCC).
utilities	points	0.00%(0 pts @ ₹1.00)	—	No Air Miles on utility & telecom bill payments (excluded MCC).

No rewards on

These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).

Utility & telecomInsuranceEducationGovernment paymentsRentFuelWallet loadingEMI transactionsOnline gamingCash advancesInternational transactions

Welcome offer

2,500 Air Miles on payment of joining fee (credited within 120 days). 2,500 Air Miles on every renewal after annual fee payment.

What's inside

Travel privileges

Domestic Airport Lounge Access
4 complimentary domestic airport lounge visits per year (max 2 per calendar quarter)
yearly.
International Airport Lounge Access
2 complimentary international lounge visits per year via Priority Pass (primary cardholder)
yearly.

Earn every day

Fuel Surcharge Waiver
₹4,500
1% fuel surcharge waiver on ₹400–₹7,500 fuel spends, up to ₹4,500 per year
Cap ₹4,500 / yearly.