Karnataka Bank Credit Card

Karnataka Bank was founded in 1924. Its first branch was set up in Mangaluru, in Karnataka. From being established as a small institute to cater to the banking needs of the people in the region during the pre-independence era to becoming a nationalized bank with a widespread network of 839 branches operating in 22 states and 2 Union Territories of India, Karnataka Bank has grown leaps and bounds. Today, Karnataka Bank Limited is India?s leading 'A' Class Scheduled Commercial Bank.

In its endeavor to emerge as a leading financial service institute in India, Karnataka Bank has strengthened its presence by merging with numerous other banks like Sringeri Sharada Bank Limited, Chitradurga Bank Limited and Bank of Karnataka. Over the years, Karnataka Bank has also worked conscientiously to upgrade and expand its product base. It now includes a vast repertoire of financial services that are perfectly customized to address the unique needs of both personal and business clients.

The Karnataka Bank Credit Card is available in two variants, namely

• Karnataka Bank SimplySave SBI Card
• Karnataka Bank SBI Platinum Card

Salient features and benefits of both variants of the Karnataka Bank Credit Card are mentioned below:

• Spend smartly and earn reward points with every purchase.
• Get Accelerated Reward Points on dining out, movies and everyday shopping at departmental stores and grocery outlets.
• Enjoy fuel surcharge waiver
• Enjoy E-Smart facilities like instant account summary and usage details.
• No more postal delays or lost statements. Get e-statement directly in your registered inbox.
• Enjoy instant card alerts and remain updated anywhere, any time.
• Analyse your card spending under each category ? fuel, departmental outlets, dining out, apparel, travel, electronics and more, and spend wisely with The Spend Analyser.
• Enjoy services like One Time Password, Instant Transaction Alerts for enhanced security for online transactions.
• Enjoy Balance Transfer facility by transferring all your high-rate credit card balance to Karnataka Bank Credit Card.
• Enjoy Easy Money short-term loans and remain cash ready always.
• Options to convert retail purchases into EMIs.
• Fulfil your instant cash needs with Encash ? Money on Call.
• Pay utility bills online.
• Enjoy online Railway ticket booking.
• Worldwide acceptance at all outlets accepting VISA and MasterCard
• Enjoy Add-On Card for immediate family members.
• Toll free card related assistance.

The following are the detailed features of Karnataka Bank Credit Card

Karnataka Bank Credit Cards are feature packed. Every use of the Karnataka Bank Credit Card entitles you to earn more and magnify your rewards and earnings. The details of the rewards of Karnataka Bank Credit Card are listed in the table below:

Reward points accumulated on both variants of Karnataka Bank Credit card can be redeemed against outstanding payment of the card or in exchange of gifts mentioned in the Reward catalogue. A total of 398 gifts and mentioned in the reward catalogue. The minimum points redeemed can be 400. The products featuring in the Reward Catalogue may change from time to time.

Both variants of the Karnataka Bank Credit Card have a different fee structure; the details of both cards are as under:

Karnataka Bank SimplySave SBI Card Fee Details

The details of charges levied on Karnataka Bank Credit Card are as under. The charges are same for both variants of the card.

Applicant can apply for the Karnataka Bank Credit Card at the nearest Karnataka Bank branch. Simply select the variant of the card one wishes to apply for and write an application requesting to issue the same. The application letter must be supported by documents mentioned hereunder.

Alternately, as Karnataka Bank Credit Card is a Co-Brand credit card issued in collaboration with State Bank of India, applicant can apply for any variant of the Karnataka Bank Credit Card through the SBI card website i.e. www.sbicard.com

By submitting the application you authorize the bank and its representatives to contact you with reference to your credit card application and then process your credit card application further.

To apply for a Karnataka Bank Credit Card, the applicant has to fulfill the below mentioned eligibility criteria:

• Every individual whether salaried, self-employed, homemaker, student, or retired personnel/pensioner can apply for Karnataka Bank Credit Card.
• Applicant can be a Resident or Non-Resident Indian.
• Applicant should have a healthy credit score.

The Karnataka Bank Credit Card application should be supported by self-attested documents mentioned hereunder:

In case the current residential address and permanent address are different, the following supporting documents should be attached.

• Most recent utility bill (not more than two months old) of any service provider namely electricity, telephone, postpaid mobile phone connection, piped gas or water bill.
• Property Tax or Municipal Tax receipt
• Pension or family pension payment orders (PPOs) for employees retired by Government Departments or Public-Sector Undertakings.
• Letter of allotment of accommodation
• NRI customers should attach address proof issued by the Government departments of foreign countries along with letter issued by the Foreign Embassy in India.

Karnataka Bank Credit Card customers can clear their outstanding dues both through online and offline modes. The detailed list of methods is as under:

Online Mode of Payment:

• NEFT Payment: Credit card dues can be paid using the IFSC code SBIN00CARDS. NEFT Transfer can be done through any bank account.
• Paynet ? Pay Online: The Paynet facility allows you to pay credit card dues using net banking facility. This facility is provided by over 50 banks across India.
• Online SBI/Karnataka Bank: Card dues can be paid online using own SBI account/ Karnataka Bank account. Payment can be made from saving and current accounts.
• Electronic Bill Payment (EBP): EBP through net banking, ATM, mobile service facility is available in select banks to make payment.
• National Automated Clearing House (NACH): The bank is authorised to deduct Minimum Amount Due or Total Amount Due automatically from the bank account on the due date.
• Auto-debit: Give standing instructions to bank to auto-debit saving account/current account on the due date. Choose between Minimum Amount Due and Total Amount Due.
• Debit Card: Use any bank?s debit card to clear Karnataka Bank credit card dues online.
• Unified Payment Interface (UPI): Use Smartphone to pay using any payment interface.
• Pay via YONO: Use YONO, SBI?s mobile banking app, to pay Karnataka Bank credit card dues.

Offline Payment Options:

• Over-the-counter Payment: Card dues can be cleared over-the-counter at any SBI / Karnataka Bank branch across India.
• Electronic Drop Box: Drop payment cheque at any electronic drop box and get instant receipt.
• Manual Drop Box: Drop payment cheque at any drop box located at varied locations across India.
• SBI/Karnataka Bank ATM: Swipe your debit card at any SBI or Karnataka Bank ATM.

All enquiries/ requests/queries pertaining to Karnataka Bank Credit Card can be initiated through

• 24x7 Toll Free Customer Care Centre: 1800 425 1444
• Call Bank helpline @ 080-22021507/08/09
• Call emergency card replacement helpline @ 1860 180 1290
• Drop an email at info@ktkbank.com