CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
Kotak Mahindra Bank

Royale Signature Credit Card

28
Ranked #106 of 170 in credit
creditVisaN/A (discontinued for new customers)Legacy · discontinued

Kotak has discontinued issuance of the Royale Signature Credit Card to new customers. It remains active and serviced only for existing cardholders who already hold the card.

Score breakdown

Data completeness: 95% · Last verified: 09 Jul 2026

Reward value12/100 · weight 71%
≈ 0.61% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +1.5% score bonus — earns broadly without narrow category restrictions.
No rewards on: rent, fuel. Reward score is scaled by ×(1 − 3.2%), 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 efficiency91/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks26/100 · weight 9%

Fees

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

Joining fee
₹1,499 + 18% GST
= ₹1,769 total
Annual fee
₹999 + 18% GST
= ₹1,179 / year total
Waiver: Waived on annual spend of Rs1,00,000+ (applies only to existing cardholders)
Forex markup
3.5%

Lounge access

Domestic (per year)
8
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
diningpoints1.00%(4 pts @ ₹0.25)——
travelpoints1.00%(4 pts @ ₹0.25)——
all_spendspoints0.50%(2 pts @ ₹0.25)——

Welcome offer

N/A for new applicants

Milestone benefits

Pros

  • N/A for new applicants — historically offered 4X travel/dining rewards and lounge access for existing cardholders

Cons

  • DISCONTINUED for new customers — cannot be newly applied for under any circumstances

Insurance cover

text
₹NaN

Eligibility

text
NOT AVAILABLE for new applications

Small print

Fuel surcharge:1% waiver, Rs500-3,000 range, capped Rs3,500/year (existing cardholders)