Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
OneCard Metal Credit Card vs Myntra Kotak Credit Card for ₹30,000 Monthly Spend
Comparing OneCard Metal Credit Card vs Myntra Kotak Credit Card at ₹30,000/month. Myntra Kotak Credit Card wins, delivering ₹13,365 net annual value (3.71% ROI) vs ₹2,210 for OneCard Metal Credit Card.
Interactive Head-to-Head Simulator
Test Your Monthly Spend & Category Mix
Simulates real-world capping thresholds, 18% GST deductions, and bank waiver rules in real time.
₹30,000(₹3,60,000/yr)
₹10,000/mo₹1,00,000/mo₹2,50,000/mo
Winner at ₹30,000/mo+ ₹11,155/yr Higher Value
Myntra Kotak Credit Card
Delivers ₹13,365 net annual returns (3.71% ROI) vs ₹2,210 on OneCard Metal Credit Card.
Card A
OneCard Metal Credit Card
Federal Bank
₹2,210Net Annual Benefit
Gross Rewards:₹2,210/yr
Effective Fee (incl. GST):Waived (₹0)
Net ROI on Spend:0.61%
Card B
Myntra Kotak Credit Card
Kotak Mahindra Bank
₹13,365Net Annual Benefit
Gross Rewards:₹13,365/yr
Effective Fee (incl. GST):Waived (₹0)
Net ROI on Spend:3.71%
Fee Waiver Progress (2L target):100%
2-Card Optimization HackMaximize Trapped / Capped Spend
+₹3,600/year Extra YieldPair Myntra Kotak Credit Card + Airtel Axis Bank Credit Card
Pair Myntra Kotak Credit Card with Airtel Axis Bank Credit Card to capture up to ₹3,600/yr extra on zero-reward categories.
Routes excluded categories:Utility & Offline Spends
Detailed 12-Category Rupee Breakdown (@ ₹30,000/mo)
| Spend Category | Monthly Spend | OneCard Metal Credit Card | Myntra Kotak Credit Card |
|---|---|---|---|
| Amazon, Flipkart & Myntra Shopping | ₹7,500/mo | ₹75 (1%) | ₹563 (7.5%) |
| Scan & Pay Merchant UPI | ₹4,500/mo | ₹9 (0.2%) | ₹56 (1.25%) |
| Electricity, Water, Gas & Broadband Bills | ₹3,600/mo | ₹7 (0.2%) | ₹45 (1.25%) |
| Swiggy, Zomato & Dining Out | ₹3,600/mo | ₹36 (1%) | ₹180 (5%) |
| Blinkit, Zepto, Instamart & Supermarkets | ₹3,000/mo | ₹30 (1%) | ₹150 (5%) |
| Petrol & Diesel at Fuel Stations1% fuel surcharge waiver up to ₹400/month | ₹2,400/mo | 0% Excluded | 0% Excluded |
| Flights, Hotels & IRCTC Trains | ₹2,400/mo | ₹24 (1%) | ₹120 (5%) |
| LIC, Health & Term Insurance Premiums | ₹1,500/mo | ₹3 (0.2%) | 0% Excluded |
| House Rent & School/College Fees | ₹1,500/mo | 0% Excluded | 0% Excluded |
| International Travel & Forex SpendsLow 1% forex markup fee on foreign currency transactions | ₹0/mo | ₹0 (1%) | ₹0 (1.25%) |
| Gold, Silver & Jewelry Purchases | ₹0/mo | ₹0 (0%) | ₹0 (0%) |
| Income Tax, GST & Challan Payments | ₹0/mo | ₹0 (0%) | ₹0 (0%) |
| Net Annual Benefit | ₹3,60,000/yr | +₹2,210 | +₹13,365 |
Frequently Asked Questions
Which card is better between OneCard Metal Credit Card and Myntra Kotak Credit Card for ₹30,000/month?▼
At ₹30,000/month (₹360,000/year), Myntra Kotak Credit Card mathematically outperforms OneCard Metal Credit Card by ₹11,155/year. Myntra Kotak Credit Card delivers ₹13,365 net annual benefit (3.71% effective yield), while OneCard Metal Credit Card returns ₹2,210 (0.61% effective yield).
Will the annual fee be waived at ₹30,000 monthly spend?▼
On an annual spend of ₹360,000: OneCard Metal Credit Card annual fee is waived (₹0). Myntra Kotak Credit Card annual fee is waived (₹0).
How do reward caps impact the earnings on both cards?▼
At this spend tier, OneCard Metal Credit Card loses ₹0/year to monthly cashback caps, while Myntra Kotak Credit Card loses ₹0/year. OneCard Metal Credit Card remains uncapped at this spend. Myntra Kotak Credit Card remains uncapped at this spend.
What is the breakeven monthly spend between OneCard Metal Credit Card and Myntra Kotak Credit Card?▼
The calculated crossover breakeven spend is ₹5,000/month, where higher-fee benefits overtake the lower-fee option.