Kotak White Reserve vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
EXPRESS
IndusInd Iconia Amex wins 5-3. Mid-premium Amex with annual-fee waiver from year 2. Kotak White Reserve is still the right call if premium dining + travel without breaking the ₹3k-fee tier..
Side-by-side
| Criterion | Kotak White Reserve | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹3,000 | No annual fee |
| Joining fee | ₹3,000 | · ₹3,500 |
| Top reward rate | · 4% (dining) | 5% (shopping) |
| Base reward rate | = 1.5% | = 1.5% |
| Forex markup | 1.99% | · 3.5% |
| Welcome bonus | = 5,000 reward points + Marriott Bonvoy Silver Elite | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹600,000 / yr | N/A (no fee) |
| Min income | · ₹1,800,000 | ₹600,000 |
| Min credit score | · 780 | 770 |
| Editorial rating | 4.6/5 | · 4.2/5 |
Benefits compared
Kotak White Reserve
- 4 reward points/₹100 on dining + travel
- 6 international Priority Pass visits/year
- 24 domestic lounge visits/year (DragonPass)
- Marriott Bonvoy Silver Elite included
- 1.99% forex markup
IndusInd Iconia Amex
- 10 reward points per ₹100 on weekend dining + grocery
- 4 international + 8 domestic lounge visits/year
- Annual fee waived from year 2 (lifetime)
- 1% fuel surcharge waiver
- Buy-1-get-1 BookMyShow
FAQ
›Kotak White Reserve vs IndusInd Iconia Amex: which is better?
IndusInd Iconia Amex wins on more dimensions (5 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use Kotak White Reserve for its best categories, IndusInd Iconia Amex for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Kotak White Reserve: 5,000 reward points + Marriott Bonvoy Silver Elite. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.