Kotak Mahindra Bank has officially announced that it will discontinue the Myntra-Kotak Credit Card effective July 10, 2025. This move marks the end of its co-branded partnership with Myntra, one of India’s leading fashion e-commerce platforms.
What Will Happen to Existing Myntra Cardholders?
- Automatic Transition : All existing Myntra-Kotak Credit Card users will be automatically migrated to a different Kotak credit card.
- Default Migration to Kotak League Credit Card : Most users will be shifted to the Kotak League Credit Card.
- Some Users Offered Kotak Zen Credit Card : A few customers have received individual communications offering a migration to the Kotak Zen Credit Card, a more premium variant.
What This Change Means
1. Loss of Myntra-Specific Benefits
- The Myntra card offered key perks like 7.5% instant discount on Myntra purchases, free shipping, and early access to sales.
- These benefits will no longer apply after July 10, 2025.
2. New Card Features and Reward Structures
- The Kotak League Credit Card is a basic lifestyle credit card, which may not provide the same level of shopping-centric benefits as the Myntra card.
- The Kotak Zen Credit Card is a more premium offering with higher annual fees and broader lifestyle perks, including lounge access and accelerated rewards in travel and shopping.
3. Card Number and Billing Cycle
- In most cases, card number, credit limit, and billing cycle will remain unchanged.
- However, rewards and fee structures will be different, so reviewing the terms of your new card is essential.
What Should Users Do Now?
A. Review Communications from Kotak Mahindra
- Check your email or Kotak mobile app for personalized updates about your card transition.
B. Evaluate the Replacement Card
- Look at the features, reward rates, annual fees, and redemption options of the Kotak League or Zen cards.
- Decide if the replacement card fits your current spending pattern and lifestyle.
C. Explore Alternatives If Needed
- If your primary use case was shopping on Myntra, you may want to consider other credit cards that still offer strong benefits on the platform:
| Card Name | Key Myntra Benefit |
|---|---|
| Flipkart Axis Bank Credit Card | 5-7.5% off on Myntra (partnered with Flipkart) |
| HDFC Swiggy Credit Card | 5% cashback on Myntra via partner offers |
| SBI SimplyCLICK Credit Card | 5X rewards on online shopping, incl. Myntra |
D. Cancel If Unfit
- If the new card does not meet your needs or introduces an unwanted annual fee, you can choose to cancel the card after migration without penalty, typically within 30 days of communication.
Summary
- Deadline : Myntra-Kotak card will stop working with Myntra benefits after July 10, 2025.
- After that : Users will be migrated to either Kotak League or Zen credit cards, depending on eligibility.
- Action Point : Assess whether the replacement card serves your needs—or find an alternative better suited to your spending habits.