Kotak 811 Credit Card Reviews and All Fixtures. You are applying for this card, Know the features well before taking the card.
Today through this post you will get a full review of the Kotak 811 credit card benefits, features, and annual charges, all details will be found below.
Also, how to apply online for Kotak 811 credit card. Get all its details through this post.
Kotak 811 Dream Different Credit Card Apply Online
You don’t need any civil score to avail Kotak Bank credit card. You can get Kotak 811 Dream Different Credit Card Online without Civil Score. You can apply for this card online at home.
First of all, you need to download the Kotak app from the play store. Register with a mobile number. After coming to the home page of the app, scroll down. There will be “Loan and Card Offer” options. Click here.
Then a page will open in front of you. After reading everything here there will be a checkbox to tick it. Click on the “Get It Now” option. Then another page will open in front of you. This page will ask you to select your credit limit.
You can open the account by depositing Rs.5000. By investing only Rs 5000 you can increase your Syphiles and get other offers later. You can get the card through three steps.
One good thing about this card is that if you pay today you don’t have to pay again in 48 days. This card has no annual fee or joining fee. You will get 90% of the fixed amount as a credit limit.
If you make a fixed deposit, you will continue to earn interest. Minimum Fixed Deposit 5000 Tk. After choosing the credit limit, click on the “Confirm” option. Then a page will open that page name is “Open Fixed Deposit”.
You have to deposit a total of Rs.5750. Then your deposit type will show. Click on the first option that appears. Then you have 12 months to select. Click on the “Select Instruction” Renew Interest Principal option.
“Pay to account” you have to select the account from which the money can be deducted. Then click on the Times and Conditions box. Then click on confirm option.
Then you will have a page in front of you that page is “Select Delivery Address” Then we will show the delivery address in front of you. Then click on confirm option below.
After that, you will get the terms and conditions option in front of you. Read everything carefully and tick the checkboxes of tension conditions. After waiting for some time, a new page will open.
This page will be written “We have successfully applied for credit cards”. Then a credit card limit of 50000 will show in front of you. After that, it will take 7 days for credit card processing.
And you will be emailed about your credit card. In this way, you can easily apply for a Kotak Mahindra Bank credit card online at home.
Also Read: HDFC Zero Balance Account: Step By Step HDFC Zero Balance Account Opening Online
Kotak 811 Dream Different Credit Card Features
Welcome Offer: 5000 you can spend within the first 45 days after you get the Kotak 811 credit card. Then you will get 5 bonus rewards points.
Reward Points: Also if you transact this credit card online. Meaning, if you spend 100 rupees online, you will get 2 reward points.
There are also many other benefits. That is, if you spend every 100 rupees, you will get 2 reward points. If you spend 100 rupees offline, you will get 1 reward point.
Annual Fee Waiver: Like every credit card, Kotak 811 credit card has no annual fee. Every credit card requires you to pay an annual fee every year. For this credit card, you have to pay an annual fee of Rs 500 every year.
If you spend Rs 50,000 through this credit card within a year, you will not have to pay the annual fee. It will be completely free.
No annual charge will be deducted for the next year. With this, you will get 50 rupees cashback.
Milestone Spends Benefit: Another great benefit feature of this credit card is that if you spend Rs 75,000 per year through this Kotak 811 credit card, you will get Rs 750 cashback.
Fuel Surcharge Waiver: You can take a Fuel Surcharge Waiver of 1%. You can take the Fuel Surcharge Waiver within one year.
If you go to any fuel station and charge fuel, you will get 1% reward points. But there are some terms & conditions.
Your lowest fueling charge is Rs 500 and your highest fueling charge is Rs 3000. But you will get 1% reward points. However, you will still get one percent reward points.
Railway Surcharge Waiver: You will get Railway surcharge waiver benefits through this credit card.
You can avail 1.8% Railway Benefit through the IRCTC website. 2.5% at the railway booking counter. The maximum railway surcharge waiver in a calendar year is Rs.500.
Add On Card: Another benefit of the Kotak 811 credit card is Add On Card. With this credit card, you can provide an add-on credit card to your family.
What is an add-on card? The add-on card is where you can help your family build a credit card. Add on the card can be managed with your credit card.
Card Insurance Cover: Kotak 811 credit card will get benefits like car insurance cover. Get car insurance coverage. Your card is more secure for these facilities.
Suppose your card is stolen, or lost or there is a fraud transaction on the card. 500 will get insurance coverage. But there are some terms & conditions for this.
You should call their call center as soon as you lose your credit card. And you have to report the loss of money on your card. I have given the call center number here.
The call center number is 18602662666. Besides, if there is any fraud through your credit card, you will get coverage up to 50 thousand rupees.
Safety features: Another best feature of this Credit Card is the safety feature. Embedded EMV Chip Legend has a security alert. There is also security through 6-digit PIN authentication.
Also Read: Kotak 811 Account Apply Online | Kotak Mahindra Bank New Account Opening Form Online
Kotak 811 Dream Credit Card Benefits
There are many types of Kotak Bank credit card. Today we have discussed the full details, benefits, and fees of Kotak 811 Dream different credit card. The best features will discuss Kotak 811 Dream different credit card.
Kotak Mahindra Bank offers you a 90% credit limit for credit card services, add-on cards, interest-free cash withdrawals, and fixed deposits. The minimum credit limit is Rs.5000 for Savings Account customers and Rs.9000 for others.
The discussion will be about the benefits of this credit card. Eligibility criteria and fees will also be discussed. Let’s get started.
Kotak 811 Dream different credit card fees: Kotak 811 Dream different credit card has no fees or annual charges. Kotak Dream Different Credit Card is completely free. Lifetime free.
Activation Offer: After applying for Kotak 811 Dream Different credit card has no fees or annual charges. Kotak Dream Different Credit Card is completely free. If you spend Rs.5000 within 45 days.
Then you will get Rs 500 cashback. Also, if you spend 75 thousand rupees within a year, you will get 750 rupees cashback.
Or get four PVR tickets too. You can take whatever you like. However, if you spend 75 thousand rupees within a year, these two offers will be available for you.
Entry Fee Cash Reward: This offer is offered on very few credit cards. You can withdraw up to 90 percent of cash on your credit card account. No tax will be deducted for it.
You just need to pay the processing fee. The processing charge is Rs.300 per 10,000. Other credit card fees and interest rates are also very high.
The interest rate of this credit card is absolutely zero. Your payment is due within 48 days of cash withdrawal. If you don’t pay within 48 days, you will have to pay interest.
Balance Transfer:
- A processing fee of Rs 349 is charged for a transfer of Rs 10,000.
- There are no repayments if you make new purchases with this card.
- You can call the bank or Kotak 811 Dream Credit Card Customer Care to transfer your credit card balance immediately.
Dream Different Credit Card Shield:
- If Kotak 811 Dream Credit Card is lost or stolen for any reason, you will get up to 50 thousand rupees. You must call customer care(1860 266 2666) within seven days of the date of theft or loss.
- To file a claim with the insurance company, you must call the customer contact center immediately and inform the bank and deactivate your card.
Redeem 750 cashback Rules
- Cashback must be claimed within three months of the anniversary year ending.
- The cashback will be reflected in the next billing cycle.
Redeem Four free PVR tickets Rules
- Claims for PVR tickets must be made within three months of the end of the anniversary year. Otherwise, it may be canceled later.
- This PVR ticket is transferable. PVR tickets can be used for any show and any day
- Star Plus Code will be issued to cardholders which can be redeemed for online PVR movie tickets booked on this website( www.pvrcinemas.com).
Kotak 811 Dream Different Credit Card Eligibility Criteria
- To get Kotak 811 Different Credit Card, you must be above 18 years and below 75 years. Then you can apply for this card.
- The minimum credit limit of this card is 9 thousand for Non-811 Savings Account Customers.
- 5000 rupees minimum credit for savings accounts.
- Only individual TD authorized should be a resident of India. Only then you can apply for this category.
- Minimum TD amount of 15,000 rupees
- NRI customers can apply through the offline process only.
Fees and Charges for Kotak 811 Dream Different Credit Card
| Type Of Charge | Amount |
|---|---|
| For the first year, the Condition for waiver of annual fees | No |
| For the second year, the Condition for waiver of annual fees | No |
| Joining Fees | No |
| Annual Fees | No |
| Add On Card Fees | No |
| The interest rate on the outstanding balance | 3.50% of the total balance due. Annual Interest rate 42% |
| Balance Enquiry Charges at Non-Parent Bank ATM | 10% |
| Minimum Amount Due (MAD) (It will reflect in the statement in the column of the minimum amount due) | 300 |
| Late Payment Charges (“LPC”) | Rs.100 for statements less than or equal to Rs.500 Rs.500 for statements ranging between Rs.500.01 and Rs.10,000 Rs.700 for statements above Rs.10,000 |
| Over Limit Charge | 0 |
| Cheque Bounce Charges | 500 |
| Foreign Currency Mark Up | 3.5% |
| Railway Booking Surcharge (1.8%/2.5% on transaction amount) | Waived Off |
| Fuel Surcharge (1% on the transaction) | Waived Off |
| Fee for Cash payment at Bank | 100 |
| Outstation Cheque Processing Fee | Waived Off |
| Reissue/ Replacement Card (per issuance) | Reissue/ Replacement Card (per issuance) |
| Charge Slip Request | Waived |
| Machine Surcharge at ATMs | Waived |
| Balance Enquiry Charges at Non-Parent Bank ATM | Waived |
| Duplicate Statement Request | Waived |
| Web Pay Service Fee | Waived (effective 10th JAN,2014) |
Also Read: Top 5 Bank 0 Balance Account Opening Online For Free | 5 Zero Balance Savings Account Examples
Kotak 811 Dream Different Credit Card Value Chart
| Total Spends | Annual Spends | Benefits | Total Savings |
|---|---|---|---|
| 50,000 monthly transaction reward points. | 6 Lakhs | Gained Rewards Points 7500 | Rs. 1875 |
| Reward points for spending Rs 5,000 within the first 45 days of card issue. | – | Gained Rewards Points 500 | 125 |
| Milestone offer at an annual cost of Rs 75,000. | 75,000 | 750 Cashback | 750 |
| Cash withdrawal at 2.99% interest rate for up to 48 days. (3.3% for other cards). | 1.2 Lakhs (Per Month 10,000) | Cash withdrawals are interest-free for an average of 30 days | 3600 |
| Fuel Surcharge Waiver | – | 3500 Rupees Allowed For Maximum Waiver | 3500 |
| Railway Surcharge Waiver | – | 500 Rupees Allowed For Maximum Waiver | 500 |
| Total Savings | – | – | 10,350 |
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