Thus, someone who lives or travels frequently outside the metros will find Kotak cards useful. Kotak Kaching cards give you access to 33 domestic lounges in 23 cities ( list here) whereas HDFC cards give access to 20 lounges in 8 cities ( list here). However, since Kotak cards are on the VISA platform and HDFC cards on the Mastercard platform the lounge network differs for both of them.
#Indigo card payment free#
While both the XL variants offer 8 domestic lounge access free every year and seem to be at par. Similarly, the lower variant Kotak card offers a 3% reward rate vs 2.5% for HDFC cards.įor someone who flies frequently on the Indigo network and spends ~20K per month, this 1% reward rate difference on Kotak XL cards can alone save ~3600 annually. Kotak XL cards offer a reward rate of 6% on Indigo spending compared to 5% on HDFC XL cards. Reward Rate on Indigo spendsĪnother area where Kotak Kaching cards beat HDFC Kaching cards is the reward rate on Indigo spends. However, the lower variant is priced at par with HDFC’s offering and there is no arbitrage as such there. Basically use the card to get a 3K voucher for 1.8k (40% discount :D). A trick here can be to apply for the card, use the 3K voucher and close the card within a year of issuance. This offer alone more than recoups the joining fee for the Kotak XL card. Further, the joining benefit remains the same, i.e. Thus, Kotak cards give you savings of ~1200 on a post-tax basis. Kotak Kaching XL credit cards are currently available at a joining fee of 1500+ GST against HDFC’s joining fee of 2500+GST. Where do Kotak Kaching cards fare better than HDFC Kaching cards? Joining fee The below table compares the 4 credit cards. If we compare variant-to-variant, Kotak cards offer a higher reward rate on Indigo spends, outside of that both Kotak and HDFC cards are identical in terms of features and reward rate.
Similar to HDFC Kaching credit cards, Kotak Kaching credit cards come in 2 variants, Kotak Kaching 6E Rewards XL and Kotak Kaching 6E Rewards.
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