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Myntra, Kotak Mahindra Bank launches Digital Fashion Co-Branded Credit Card

Published on June 03, 2023
Current Context: Co-branded credit card launched by Myntra and Kotak Mahindra Bank, this is the first-of-its-kind digital fashion and lifestyle credit card in India that offers unmatched benefits for shoppers. Some of the features of this card are:
Myntra, Kotak Mahindra Bank launches Digital Fashion Co-Branded Credit Card
    • 7.5% instant discount on unlimited transactions on Myntra, up to Rs.750 per transaction
    • Complimentary access to Myntra Insider
    • 5%* cashback on any purchase with some of the popular platforms: Swiggy, Swiggy Instamart, PVR, Cleartrip, Urban Company
    • Unlimited 1.25% cashback on other card spends
    • Quarterly Milestone of 2 PVR Movie tickets
    • Rs 500 e-voucher on card activation
  • The card can be availed through a hassle-free digital journey within minutes, across Myntra as well as Kotak mobile applications.
  • Existing Myntra customers will be able to apply for the card through a completely digital journey on the Myntra app itself. The card will be available on MasterCard and RuPay networks.

Question:

Q.1 Which two companies have launched the first-of-its-kind digital fashion and lifestyle credit card in India?
a. Myntra and HDFC Bank
b. Myntra and Kotak Mahindra Bank
c. Flipkart and ICICI Bank
d. Flipkart and Kotak Mahindra Bank

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