Head-to-head · 🇮🇳 India
Kotak Royale Signature vs ICICI Platinum Chip
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
Kotak Mahindra
Kotak Royale Signature
VISA
Wins 4 of 10
IN
ICICI Bank
ICICI Platinum Chip
VISA
Wins 4 of 10
Verdict
It's a true tie — neither dominates. Pick the one whose boost categories match where you actually spend.
Side-by-side
| Criterion | Kotak Royale Signature | ICICI Platinum Chip |
|---|---|---|
| Annual fee | · ₹999 | No annual fee |
| Joining fee | · ₹999 | None |
| Top reward rate | 4% (shopping) | · 0.5% (general) |
| Base reward rate | 1% | · 0.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 2,000 reward points worth ₹500 + Pizza Hut voucher | = No welcome bonus — fee-free for life |
| Fee waiver threshold | ₹250,000 / yr | · N/A (no fee) |
| Min income | · ₹300,000 | ₹200,000 |
| Min credit score | · 740 | 700 |
| Editorial rating | 4/5 | · 3.6/5 |
Benefits compared
Kotak Royale Signature
- 4 reward points per ₹150 on shopping + dining
- 1 reward point per ₹150 on other spends
- 2 complimentary domestic lounge visits per quarter
- Buy-1-get-1 movie ticket at PVR (Tuesdays)
- 1% fuel surcharge waiver
ICICI Platinum Chip
- 2 PAYBACK points per ₹100
- 15% off at 800+ restaurants
- 1% fuel surcharge waiver
- Lifetime free, no annual fee ever
FAQ
›Kotak Royale Signature vs ICICI Platinum Chip: which is better?
It's a true tie — pick the one whose boost categories match your spend. Kotak Royale Signature wins on 4 criteria, ICICI Platinum Chip on 4.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use Kotak Royale Signature for its best categories, ICICI Platinum Chip for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Kotak Royale Signature: 2,000 reward points worth ₹500 + Pizza Hut voucher. ICICI Platinum Chip: No welcome bonus — fee-free for life.