Credit Card Rules– Major news for Credit Card users. From June 1, 2025, a big rule related to credit card will change in the country. This will have a direct impact on your pocket. If you also have this credit card, then know these rules and plan accordingly.

Kotak Mahindra Bank has announced changes to its credit card rules, rewards structure, fees and charges. These changes will be applicable to many cards of the bank from June 1, 2025. Cardholders will face new limits on rewards earnings in categories such as utility payments, education, wallet loading, fuel, rent, government expenses, insurance and online gaming. In many cases, no rewards or cashback (mopvomk) will be provided after a fixed spending limit.

Kotak Privy League Signature Card

According to Paisabazaar, Kotak Privy League Signature Card users will not get any benefit in the following cases –

– Utility expenses above Rs 75,000

– Education expenses above Rs 1 lakh

– Wallet load above Rs 10,000

– Government expenses above Rs 75,000

– Insurance expenses above Rs 1 lakh

– Online gaming expenses above Rs 15,000

– Fuel and rent payments No rewards

 

Similar restrictions will be applied to other Kotak cards including Mojo Platinum, Zen Signature and Kotak 811, but their limits will be lower. Cards such as Delight, Fortune and 6E Rewards variants will not be able to earn any rewards in these categories. Paisabazaar said that Kotak will also exclude these categories from milestone benefits.

 

Cut in reward point redemption value

The reward point redemption value of certain cards has also been reduced, as follows –

– Kotak Royal, League, Urban: From Rs 0.10 to Rs 0.07 per point

– Kotak 811 Credit Card: From Rs 0.25 to Rs 0.10 per point

– Kotak Infinite and NRI Royal Signature: From Rs 1 to Rs 0.70 per point Transaction fees Meanwhile, a transaction charge of 1% will also be levied on select categories, as follows – – Rent and education (irrespective of amount) – Utility, wallet load, online gaming and fuel (after crossing spend limit) For example, for Kotak Privy League Signature, the fee will be applicable on utility spends above Rs 75,000 and fuel spends above Rs 50,000 in a statement cycle. While for other cards like Kotak 811, this fee will be applicable on utility spends above Rs 35,000 and fuel spends above Rs 25,000.