Priority Pass
Kotak Mahindra Bank
Air+
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 1 June 2026.
At a Glance
Annual Fee
₹3,000
Joining Fee
₹3,000
Fee Waiver
Spend ₹4,00,000 annually
Lounge Access
See details
Forex Markup
2%
Effective Yield
2% – 5%
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Travel Spends (via Kotak Unbox) | 5 Air Miles per ₹100 | 5.00% | 15,000 accelerated miles per cycle |
| All Other Domestic Retail Spends | 2 Air Miles per ₹100 | 2.00% | No Upper Cap |
| International Spends | No Air Miles | 0.00% | — |
| Excluded Categories | No Air Miles | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹0 Lakh | Renewal Bonus2,500 pts | ₹2,500 (Travel Value) | Awarded annually upon payment of renewal fee (offsets 83% of the fee). |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Kotak Unbox (Flights/Hotels) | ₹1.00 per mile1:1 Ratio | Best Value (Covers up to 80% of booking amount) |
| Air India (Maharaja Club) | ₹0.50 per mile2:1 Ratio | Good for status/Star Alliance bookings |
| Partner Transfer (Other Airlines) | ₹0.50 per mile2:1 Ratio | Includes Flying Blue, Qatar, British Airways & Marriott |
| Instant Vouchers | ₹0.50 per mile2:1 Ratio | Avoid (Halves the value of your earned miles) |
What You Need to Know
The International Trap
Unlike almost all other premium cards, this card earns 0 reward points on international spends.
Impact: Makes the card unsuitable for international travelers despite the low 2% forex fee.
Lounge Spend Criteria
Domestic lounge access is unlocked only if you spend ₹60,000 in the previous quarter.
Impact: Irregular spenders will find themselves paying for lounge entry at the airport.
Essential Fine Print
Reward Exclusions
Excluded Categories: Fuel transactions, Wallet loading, and Rent payments do not earn 6E Rewards.
Welcome Offer
Welcome Benefits
Earn 2,500 Air Miles as Welcome Benefit
Lounge Access
Priority PassDomestic Lounge Access
4 Complimentary Domestic lounge access annually (Primary Cardholders - capped at 2 Lounges per calendar quarter). Note: cardholders need to spend a minimum of ₹60,000 in a calendar quarter to be eligible to avail complimentary access to domestic lounges in the next quarter.
International Lounge Access
2 Complimentary International lounge access annually (Primary Cardholders)
Travel Benefits
Accelerated Earnings on Travel Spends
Earn 5 Air Miles for every ₹100 spent on Flight & Hotel Booking through Kotak Unbox
Milestone Benefits
Annual Completion Benefit
Earn 2,500 Air Miles as Renewal Benefit on completion of each anniversary year.
Annual Fee Waiver
On eligible spends of ₹4 Lakhs and above.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹3,000 |
| Annual / Renewal Fee | ₹3,000 |
| Fee Waiver Threshold | Spend ₹4,00,000 annually |
| Forex Markup | 2% |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Age
Age between 21-60 years
Income
Must have a steady, verifiable income.
Ready to apply for Air+?
Annual fee: ₹3,000 · Waived on ₹4,00,000 spend
Annual fee
₹3,000
2% – 5% yield