Devaluation Kotak Myntra Credit Card Discontinued effective 10th July 2025 🚨

[pinki]

Your Myntra Kotak Credit Card will soon be replaced – here’s what you need to know



We thought! And its here now.
Was a decent card for myntra .

 

[pavan000]

I don't think that the fee will remain same. Banks usually don't have different fee structures for the same card from customer to customer. I think what kotak was trying to say in the mail is that the lifetime free cards will be migrated to new cards as LTF and paid ones will remain paid. However if someone is getting migrated to Zen, he'll be charged Rs. 1500 + GST as fee only, which is Zen card's actual fee.

Confirmed with Kotak customer care. They mentioned both jf and af1500 + GST fee are applicable for zen. Good that I already got league rupay ltf. I can opt out of this migration.

 

[drvirag]

Confirmed with Kotak customer care. They mentioned both jf and af1500 + GST fee are applicable for zen. Good that I already got league rupay ltf. I can opt out of this migration.

Wht r d options if customer opt out this upgrade. Can they close the card without our consent or forcefully convert the card to league

 

[6ix9ine]

Wht r d options if customer opt out this upgrade. Can they close the card without our consent or forcefully convert the card to league

Get league LTF, works best with sales on FK/AZ and myntra often gives 10% discount to kotak cards in sales.

 

[diptarkaroy]

I also got the offer for League platinum
And the most interesting thing is, I already have league platinum card with me 😆

 

[drvirag]

Get league LTF, works best with sales on FK/AZ and myntra often gives 10% discount to kotak cards in sales.

I already have league. That's y asking will they close the card if I don't want upgrade. Itne bhi offer nhi aate Kotak pe ki same card 2 rakh le.

 

[6ix9ine]

I already have league. That's y asking will they close the card if I don't want upgrade. Itne bhi offer nhi aate Kotak pe ki same card 2 rakh le.

Phir toh no point in getting another one, most likely they will close.

 

[v.03.03]

I also got the offer for League platinum
And the most interesting thing is, I already have league platinum card with me 😆

I got offer for Zen and I already have Zen LTF with me 🤣

 

[mangalorean]

I raised a closure request for Kotak Myntra and the card was closed within 6 hours. No retention call or emails from the Bank. Is there any decent Kotak card worth getting purely for Bank offers?

 

[iimadarsh]

I got offer for Zen and I already have Zen LTF with me 🤣

I haven't received any opt-in email yet.
I have Kotak RuPay and Myntra.
Will these Kotak guys give it or not?

 

[sayantandas]

I don't think that the fee will remain same. Banks usually don't have different fee structures for the same card from customer to customer. I think what kotak was trying to say in the mail is that the lifetime free cards will be migrated to new cards as LTF and paid ones will remain paid. However if someone is getting migrated to Zen, he'll be charged Rs. 1500 + GST as fee only, which is Zen card's actual fee.

I guess you are right. They will probably charge 1500 + gst

 

[sayantandas]

Confirmed with Kotak customer care. They mentioned both jf and af1500 + GST fee are applicable for zen. Good that I already got league rupay ltf. I can opt out of this migration.

They replied the same to me when I called them. They were oblivious of the fact that Myntra card is getting discontinued and kept saying that you if opt out you'll simply be not migrated to zen and your Myntra cc would continue to work. He went on to tell me the useless perks of zen card and how the upgrade would be beneficial to me.

 

[sayantandas]

Wht r d options if customer opt out this upgrade. Can they close the card without our consent or forcefully convert the card to league

You can just opt out and the card will be automatically closed on or before July 10. If you do not give any consent for opting out, it will automatically migrated to zen. So make sure to opt out before 10th July. Coming to your second query, no they cannot forcefully convert the card to league. If you opt out, Myntra card will be simply closed

 

[sayantandas]

I already have league. That's y asking will they close the card if I don't want upgrade. Itne bhi offer nhi aate Kotak pe ki same card 2 rakh le.

yes the card will be closed if you opt or close the card by yourself.

 

[sayantandas]

I raised a closure request for Kotak Myntra and the card was closed within 6 hours. No retention call or emails from the Bank. Is there any decent Kotak card worth getting purely for Bank offers?

League cc would suffice if you have it ltf.

 

[v.03.03]

Kotak had already planned the closure of this card way in advance when it sent the upgrade offer to Zen card about a month back to me (picture attached). I had ignored the mail back then but when saw the thread that Kotak Myntra is getting discontinued, I was pretty sure that it would be upgraded to Zen and guess what I was right. Yesterday got the mail that my Myntra CC would be migrated to Zen CC unless I opt out.

Also one more thing to note is that if one takes the offer they have to pay the same annual fees of 590 for Zen also and not 1770 (gst included) according to the mail received. That's what I perceived from the mail. Also confirmed in this video.

So the question arises if zen cc should be taken/beneficial at the price of 590 rs or not. Please suggest.View attachment 100144View attachment 100145View attachment 100146View attachment 100150

I agree with what you're saying except for this:

"Also one more thing to note is that if one takes the offer they have to pay the same annual fees of 590 for Zen also and not 1770 (gst included) according to the mail received."

If Myntra card gets migrated to Zen; the fee will be Rs. 1770 only and not Rs. 590. Banks don't charge different fee for the same card from different customers.

I think Kotak is saying that the those holding LTF variant will get LTF new card only and the paid card holders will be paying the fee. But the fee will be same as the existing fee for the variant they're going to be upgraded to. If they're getting migrated to Zen, the fee is going to be 1500 + GST only.