I have Myntra Kotak Credit Card but I read somewhere that Kotak is discontinuing it, what will happen to my credit card? Will it get updated to new credit card, if yes which will it be? Why Kotak is dicontiuing this credit card?
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Yes, Kotak bank has discontinued Myntra Kotak Credit Card. Existing cardholders will also not be able to use the card.
You will be migrated to the Kotak League Credit Card.
The exact reason why Kotak Mahindra Bank discontinued the Myntra Kotak Credit Card hasn’t been officially detailed by the bank but it might be due to Customers may have shifted towards other credit cards offering better rewards or benefits. As online shopping grows, new and competitive credit cards might have led Kotak to rethink its partnership with Myntra.