Irctc Sbi Platinum Rupay Card vs Kotak Mojo Rupay Platinum Credit Card: Which is Better in 2026?

Which is better for rewards?

In terms of rewards, Kotak Mojo Rupay Platinum Credit Card offers a higher earning rate with 2.5 Mojo Points per Rs.100 spent online and 1 point per Rs.100 on other spends, plus a quarterly milestone of 2500 points on Rs.75,000 spend. Its points redemption options include cashback at Rs.0.40 per point, which adds practical value. The Irctc Sbi Platinum Rupay Card earns 1 reward point per Rs.125 spent and offers up to 10% value back on IRCTC travel spends, but overall points accrual is slower and redemption is primarily travel-focused. Therefore, Kotak Mojo has an edge for versatile rewards.

Which is better for travel?

For travel benefits, the Kotak Mojo Rupay Platinum Credit Card provides 8 complimentary airport lounge accesses annually, which is double the 4 railway lounge accesses offered by the Irctc Sbi Platinum Rupay Card. While the Irctc card is tailored for railway travelers with IRCTC-specific rewards and redemption at par value, Kotak Mojo's airport lounge access and broader reward earning on online spends make it more suitable for frequent flyers and general travel. Neither card offers international lounge access, so domestic travel benefits are the main consideration.

Which has lower effective cost?

Regarding fees, the Irctc Sbi Platinum Rupay Card has a lower annual and renewal fee of Rs.500 with no joining fee, making it more affordable upfront and annually. Kotak Mojo Rupay Platinum charges Rs.1000 as joining and annual fees, though it offers a waiver on joining fee if Rs.30,000 is spent. Both cards charge a 3.5% forex markup fee and provide a 1% fuel surcharge waiver. For users prioritizing lower cost of ownership, the Irctc Sbi Platinum Rupay Card is more economical, especially if lounge access and rewards meet their needs.

Reward Redemption Value

Kotak Mojo Rupay Platinum Credit Card offers flexible redemption options with Mojo Points redeemable at Rs.0.25 per point for products and up to Rs.0.40 per point as cashback against the statement balance. In contrast, Irctc Sbi Platinum Rupay Card’s reward points are primarily redeemable at par value for IRCTC travel bookings, which is beneficial for railway travelers but less flexible for other uses.

Fee Waiver Conditions

Kotak Mojo Rupay Platinum Credit Card provides a joining fee waiver if the cardholder spends Rs.30,000, which can reduce initial costs. The Irctc Sbi Platinum Rupay Card does not mention any fee waiver on joining or renewal fees, making its fee structure simpler but less flexible for high spenders.

Who should pick Irctc Sbi Platinum Rupay Card?

Consider Irctc Sbi Platinum Rupay Card if you primarily travel by train and want complimentary railway lounge access along with IRCTC-specific rewards. This card suits users looking for a lower annual fee and simple milestone benefits tied to renewal. It is also a practical choice if you prefer a card with no joining fee and a straightforward reward point system focused on travel via IRCTC.

Who should pick Kotak Mojo Rupay Platinum Credit Card?

Consider Kotak Mojo Rupay Platinum Credit Card if you seek higher rewards on online and other spends, more frequent airport lounge access, and are comfortable with a higher joining and annual fee. This card is ideal for frequent domestic travelers who value airport lounges and want flexible redemption options including cashback. If you can meet the spending criteria for fee waiver and milestone points, this card offers better reward potential.