Kotak 811 #DreamDifferent Credit Card

The key highlights of the Kotak 811 Credit Card are as follows:

Welcome Benefit

• 500 bonus reward points on spending Rs. 3,000 within 30 days of card setup. 

Reward Points

• 2 reward points for spending every Rs. 100 online.
• 1 reward point for spending every Rs. 100 offline.
• Reward points will only be earned on utility spends of up to Rs. 35,000 per statement cycle.
• Reward points cannot be earned on education, wallet loading, fuel, rent, government, insurance and online skill-based gaming transactions.
• Reward points can be redeemed across a variety of categories like mobile recharge, e-vouchers across various brands, shopping across 10,000 products, movies (BookMyShow Vouchers), travel, etc.
• The redemption value of reward points is Rs. 0.10 per reward point.
• A minimum of 2,000 reward points is required for cashback redemption.

Milestone Spending Benefits

• Spend Rs. 50,000 on retail in an anniversary year and get next year’s annual fee of Rs. 500 waived. 
• Get 3 complimentary PVR tickets by spending Rs. 75,000 in the previous anniversary year. 
• Spending on utilities, wallet loading, education, government, insurance, fuel, rent, and online skill-based gaming will not be considered when calculating milestone benefits.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver across fuel stations. 
• Applicable to transactions ranging between Rs. 500 and Rs. 4,000. 
• The maximum fuel surcharge waiver available is Rs. 3,500 in each calendar year.
• Fuel transactions are not eligible for earning reward points.

Railway Surcharge Waiver

• Save railway surcharge of 1.8% for transactions done on www.irctc.co.in and 2.5% for transactions done on Indian Railways Booking Counters.
• A maximum railway surcharge waiver of up to Rs. 500 is allowed in a calendar year.

Other Benefits

• Avail add-on cards with all the benefits that you enjoy on your primary card.
• You can set the desired spending limit on your add-on card.
• You can track spending separately for each add-on card.
• Embedded EMV Chip provides an additional level of security.
• 6-digit PIN authentication gives higher security for your transactions.
• With Visa payWave, just wave your Kotak 811 Credit and pay for transactions up to Rs. 5,000 without a PIN.
• If you want the best RuPay credit cards, you can apply for the RuPay variant of this card.

• Joining fee: Rs. 500.
• Annual fee: Rs. 500; Waived on minimum retail spends of Rs. 50,000 in an anniversary year.
• Add-on card issuance fee: Rs. 200.
• Foreign currency transaction markup: 3.50%.
• Finance/interest charges: 3.75% p.m. (45% p.a.).
• Cash advance fee: 2.5% on advance amount (minimum Rs. 500).
• Late payment charges: Up to Rs. 1,300 (depending on the outstanding balance).
• Over limit charges: Rs. 500 (if the over limit amount is Rs. 500 or more).
• Cheque return fee: 2% on bounce amount (minimum Rs. 500).
• Standing Instruction failure/ auto-debit return fee: 2% on bounce amount (minimum Rs. 450 and maximum Rs. 5,000).
• Dynamic currency conversion fee: 3.5%.
• Fee for cash payment at branches: Rs. 100. 
• Card replacement fee: Rs. 100 per card.
• Fee on rent payments: 1% of the transaction amount + GST.
• Fee on utility spends: 1% on cumulative utility spends exceeding the threshold per statement cycle.
• Fee on education payment: 1% on all education payments made via third-party apps. 
• Fee on wallet loading: 1% on cumulative wallet loading spends exceeding Rs. 10,000 per statement cycle.
• Fee on online skill-based gaming: 1% on cumulative online skill-based gaming spends exceeding Rs. 10,000 per statement cycle.
• Fee on fuel transactions: 1% on cumulative fuel spends exceeding the threshold per statement cycle.
• Credit limit increase processing fee: Rs. 100.
• Goods and Services Tax (GST): Applicable on all charges at the applicable rate, as notified by the Ministry of Finance, Government of India.

• 500 bonus reward points as a welcome benefit on spending Rs. 3,000 within 30 days of card setup. 
• 2 reward points for spending every Rs. 100 online.
• 1 reward point for spending every Rs. 100 offline.
• Spend Rs. 50,000 on retail in an anniversary year and get next year’s annual fee of Rs. 500 waived. 
• Get 3 complimentary PVR tickets for spending Rs. 75,000 in the previous anniversary year. 
• 1% fuel surcharge waiver (up to Rs. 3,500 each calendar year) across fuel stations for transactions ranging between Rs. 500 and Rs. 4,000. 
• Save railway surcharge of 1.8% for transactions done on www.irctc.co.in and 2.5% for transactions done on Indian Railways Booking Counters.

• Primary cardholders should be aged between 18 years and 65 years. 
• An add-on cardholder should be aged 18 years or above.
• The applicant should be a resident of India.
• Kotak 811 credit cards are currently available in Delhi (including Gurgaon and Noida), Ahmedabad, Bangalore, Chennai, Hyderabad, Chandigarh, Kolkata, Mumbai, and Pune.

To apply for a Kotak 811 Credit Card online, you can fill out a quick online application form on our portal. Alternatively, you can log into the Kotak Mobile Banking App, click the "Apply Now" tab, and select the "Credit Card" option to apply for the card.

If you have a Kotak Mahindra Bank branch near you, you can also submit your card application there along with the required documents.

You can check your Kotak 811 Credit Card application status online on the Kotak Mahindra Track Application page using your registered Mobile Number and Date of Birth, or through the 24/7 customer helpline number of the bank.

Below is the comparison between the Kotak 811 Credit Card and the Kotak 811 DreamDifferent Credit Card:

If you want the Kotak 811 credit card apply with the following documents:

Documents required for salaried individuals:

• Identity proof: PAN Card/ Aadhaar Card/ Passport/ Voter ID.
• Address proof: Utility Bill/ Rental Agreement/ Driving License/ Passport.
• Income proof: Latest Salary Slips/ Salary Account Bank Statements and Form 16/ ITR.

Documents required for self-employed individuals:

• Identity and address proof: PAN/ Aadhaar/ Utility Bill/ Rental Agreement/ Driving License/ Passport.
• Business existence proof: Business Registration Certificate/ GST Registration/ Trade Licence.
• Income proof: Latest Income Tax Returns (ITR)/ Audited Financial Statements and Bank Statements showing regular business transactions and income flow.

Pros

• 2 reward points for spending every Rs. 100 online and 1 reward point for spending every Rs. 100 offline.
• The annual fee can be waived by spending Rs. 50,000 on retail in an anniversary year.
• 3 complimentary PVR tickets on spending Rs. 75,000 in the previous anniversary year. 
• 1% fuel surcharge waiver across fuel stations. 
• Save railway surcharge of 1.8% for transactions done on www.irctc.co.in and 2.5% for transactions done on Indian Railways Booking Counters.
• You can set the desired spending limit on your add-on card.
• You can track spending separately for each add-on card.
• Embedded EMV Chip provides an additional level of security.
• 6-digit PIN authentication gives higher security for your transactions.

Cons

• Reward points cannot be earned on education, wallet loading, fuel, rent, government, insurance and online skill-based gaming transactions.
• Spending on utilities, wallet loading, education, government, insurance, fuel, rent, and online skill-based gaming will not be considered when calculating milestone benefits.
• A minimum of 2,000 reward points is required for cashback redemption. So, if you want cash back credit cards, this one may not be the best one.
• The add-on card comes with an issuance fee of Rs. 200.

For Kotak 811 credit card grievance redressal, you can first call 1800 4100 (toll-free). If you do not find a resolution for your queries or feel unsatisfied with the solution provided by the team, you can email customersupport@kotak.com.

The Kotak 811 Credit Card is best suited for new credit card seekers seeking a decent card with attractive features and minimal fees. This card offers reward points on your online and offline transactions. However, if you are looking for lifetime free credit cards, you can apply for other variants such as the Kotak811 Dream Different Credit Card.

To get in touch with the Kotak 811 credit card customer care team, you can use any of the following methods:

• Customer care helpline number: Call 1800 4100 (toll-free) for all your banking needs, complaints and resolution. 
• Email: If you do not find a resolution for your queries, you can email at customersupport@kotak.com