Kotak 811 Credit Card

Offered by the Kotak Mahindra Bank, the Kotak 811 Credit Card is a lifetime free credit card available only to customers who have a fixed deposit of at least Rs. 150000 with the bank.

The key highlights of this secured 811 credit card are that it offers credit card reward points on all the expenditures incurred through this card and you can easily withdraw interest-free cash.

Some of the key features and benefits of this card are:

• Cardholders are not required to pay any charges or fees. Kotak 811 is a free credit card

• On spending Rs. 5000 within the first 45 days of receiving the card, the cardholder will receive 500 bonus reward points

• Another Kotak dream different credit card benefit is that you can avail of an insurance cover of Rs 50,000 in case the card is stolen and you report it within 7 days of the incident

• On touching an annual expenditure on your card of Rs. 75,000, you can enjoy a cashback of Rs. 750 cashback or get 4 PVR Movie Tickets

• Safety

The credit card comes with an embedded chip and 6-digit PIN to provide you with the highest level of safety and security on all the transactions

• Waivers

With this card, you can avail a host of waivers like a maximum fuel surcharge waiver of Rs. 3500 in a year, railway surcharge waivers of up to Rs 500, and annual fee waiver of Rs 500

• Add-on card

With the 811 credit card, you can enjoy an add on credit card with the same features and benefits as the original card. Additionally you can track your spendings as well as set a credit limit on your card as per your needs

• Transfer

You can get rid of any credit card interest rate charges while making purchases in shops and malls. You can also enjoy an advantage of transferring the other credit card balances to this card

The Kotak 811 Credit Card offers a maximum credit limit of up to 80% of your fixed deposit.

This implies that the minimum Kotak Mahindra Bank Credit Card limit for this card is ₹8,000. The maximum Kotak Mahindra Bank Credit Card limit is up to ₹12 Lakhs.

To apply for a Kotak Mahindra Bank 811 Credit Card, follow these quick and easy steps:

• Log on to the official website of the bank and from the menu select ‘explore products’

• Choose the option ‘cards’ and then select ‘credit cards’

• Here you can click on the ‘apply new’ button and enter the required information

• Finally, you can submit the required documents and on being verified, you will receive your credit card by mail

In order to be eligible for a Kotak Mahindra Bank Dream Different credit card, one has to fulfill certain criteria such as

• Should be within the age group of 18-75 years

• The minimum TD amount should be Rs. 15000

• The cardholder should necessarily be a resident of India

• The documents required are ID proofs like passport, Aadhaar card, Residential proofs like Electricity or Telephone bill, and Income proofs like salary slips or appointment letter.

Cardholders can earn reward points each time they use their card. Apart from that, they can earn additional points on spends adding up to Rs 75000 in a year. This is the milestone program option and can be redeemed in any one of the following two ways:

• Option 1: Claim a cashback of Rs 750 once the first year is over

• Option 2: Claim 4 PVR tickets within 3 months of the end of the first year

Here is a comprehensive list of all the charges that apply to the services provided by Kotak 811 Credit Card.

Here is a fresh new way to make payments with the Visa Paywave credit card. All you have to do is wave your credit card in front of the reader and your transaction will go through without entering the PIN. This is a smart and safe way to ensure that you do not lose your card and the transactions are conducted in the safest way possible with multiple levels of security.