IndiGo Kotak XL Credit Card
Joining Fee
Renewal Fee
Best Suited For
Reward Type
|
Welcome Benefits
Movie & Dining
3 IndiGo BluChips/₹100 Spent on Dining & Entertainment
Rewards Rate
Up to 21 IndiGo BluChips/₹100 Spent on IndiGo Flight Bookings. 2 IndiGo BluChips/₹100 for All Other Spends
Reward Redemption
BluChips Can Be Redeemed for Flight Bookings and More with IndiGo
Travel
N/A
Domestic Lounge Access
2 Free Visits Each Quarter
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Spend-Based Waiver
N/A
Rewards Redemption Fee
N/A
Foreign Currency Markup
3.5%
Interest Rates
3.75% Monthly/45% Annually
Fuel Surcharge
N/A
Cash Advance Charges
2.5% Subject to a Minimum of ₹500
- This is a co-branded offering by Kotak Mahindra Bank and IndiGo.
- Frequent flyers can earn accelerated BluChips for spending made on IndiGo flight bookings.
- This card even offers free domestic airport lounge access for the comfort of travellers.
- BluChips earned with the IndiGo Kotak XL Credit Card do not expire.
- Receive a renewal benefit voucher of 4,000 IndiGo BluChips and a 6E Eats voucher upon payment of the renewal charges each year.
Pros
- The BluChips earned with this credit card will not expire, offering peace of mind to the cardholder who can easily accumulate them over time.
Cons
- For a co-branded airline credit card, the reward rate offered by this card is pretty basic.
Earn Up to 21 BluChips/₹100 for IndiGo Bookings
IndiGo BluChip members earn the following rewards:
- 8 IndiGo BluChips for every ₹100 spent by all IndiGo BluChip members.
- 5 IndiGo BluChips for every ₹100 spent when using the IndiGo Kotak XL Credit Card.
- 4 IndiGo BluChips for every ₹100 spent when booking through the IndiGo website or mobile app.
- Up to 4 additional bonus IndiGo BluChips for every ₹100 spent, depending on your IndiGo BluChip Tier status.
In total, Kotak IndiGo XL Credit Cardholders can earn up to 21 BluChips/₹100 spent for IndiGo flight bookings.
Other than IndiGo flight bookings, cardholders can also earn accelerated 3 IndiGo BluChips per ₹100 for dining and entertainment spends. All other eligible expenses, including UPI spends via the RuPay variant, will earn 2 IndiGo BluChips for every ₹100 spent.
What is the Value of 1 BluChip?
BluChips have dynamic value.
Exclusions
Rent, wallet, education, government spending, utilities, insurance, online skill-based gaming, and B2B are categories excluded from earning BluChips with this credit card.
Milestone Benefits Offered
The IndiGo Kotak XL Credit Card offers BluChips vouchers on achieving spend-based milestones.
- First Voucher Worth 4,000 IndiGo BluChips on Spending ₹1.5 Lakh
- Second Voucher Worth 4,000 IndiGo BluChips on Spending ₹4 Lakh
- Third Voucher Worth 4,000 IndiGo BluChips on Spending ₹7.5 Lakh
- Fourth Voucher Worth 4,000 IndiGo BluChips on Spending ₹12 Lakh
This card also provides renewal benefits, including a 4,000 BluChip voucher and a 6E Eats voucher.
Free Domestic Airport Lounge Access
Get two complimentary domestic airport lounge visits to select airports with the IndiGo Kotak XL Credit Cards. There is no international airport lounge access offered with this card.
Final Thoughts
One would expect that after a long hiatus from the credit card space, Kotak Mahindra Bank would return with improved offerings, both in terms of card features and customer benefits. However, that doesn’t seem to be the case. Starting with the discontinuation of the Kotak Myntra Credit Card and now the underwhelming launch of the IndiGo Kotak XL Credit Card, the bank’s latest moves are far from impressive.
The first major drawback of the IndiGo Kotak XL Credit Card lies in its reward structure. While it claims to offer up to 21 IndiGo BluChips per ₹100 spent on flight bookings, a significant portion of those rewards is available to all BluChips members by default. The card only provides an additional 5 BluChips per ₹100 spent, making it difficult to justify the value proposition. Moreover, since the exact monetary value of one BluChip isn’t clearly defined, it’s hard to even calculate the actual reward rate of the card.
For an airline co-branded credit card, one would reasonably expect both domestic and international lounge access. Yet, this card disappoints by offering only domestic lounge access, another missed opportunity.
Overall, the IndiGo Kotak XL Credit Card offers a rather basic set of benefits that don’t stand out, especially when compared to other travel credit cards in the same fee range. With limited advantages to holding a Kotak Mahindra credit card in general, this feels like a lackluster entry in an already competitive space.
FAQs:
Is the IndiGo Kotak XL Credit Card lifetime free?
Where can I redeem my BluChips earned with the IndiGo Kotak XL Credit Card?