Kotak 811 Credit Card
Rewards & Benefits
Welcome Benefits
500 Reward points on activation and spending INR 5000 in the first 45 days.
Milestone Benefits
Cashback Rate
Customers will get 2 reward points per Rs. 100 on online spending and 1 reward point per Rs. 100 on offline spending.
1 RP = 0.25 Paisa. Online cashback rate:0.5%, and General cashback rate: 0.25%.
Movie Benefits
Dining Benefits
Other Benefits
High credit limit: Cardholders can avail a credit limit of up to 90% of their fixed deposit amount.
Global acceptance: The 811 Credit Card is accepted at over 2 million merchants worldwide. Other Benefits: Lost card cover worth Rs 50,000 applicable 7 days prior to reporting the loss of card.
Lounge Access
Fees & Charges
Joining Fee
Rs. 500 |
Annual Fee
Annual Fees: Rs. 500 Condition for waiver of Joining Fees NA Condition for waiver of Annual Fees Rs. 50,000.A
Cash Advance Fee
Rs. 300 per Rs. 10,000 withdrawn.�
Interest rate
Interest Rate: 3.5% per month, 42% per year
Late Payment Fee
Late Payment Charges ("LPC") Rs. 100 for statement o/s less than or equal to Rs. 500. Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000 Rs. 700 for statement o/s greater than Rs. 10,000.
Foreign Currency Transactions Fee
Foreign Currency Mark Up 3.5%.
Other Fees
Interest Charges on outstanding Balances 3.5% (Annualized 42%) . | Cash Advance Charges: Rs. 300 per Rs. 10,000 withdrawn.
दोष
Extremely basic credit card.
Limited value add features.
Low cashback rate.
The maximum railway surcharge waiver that is allowed in a calendar year is Rs.500/-
Fuel transactions are not eligible to earn any reward points.
Welcome Benefit: Customers will get 500 reward points on activation and spending INR 5000 in the first 45 days.
Reward System: Customers will get 2 reward points per Rs. 100 on online spending and 1 reward point per Rs. 100 on offline spending. 1 RP = 0.25 Paisa. Online cashback rate:0.5%, and General cashback rate: 0.25%.
Other Benefits: Lost card cover worth Rs. 50,000 applicable 7 days prior to reporting the loss of card.
पक्ष विपक्ष
Welcome Benefits
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पुरस्कार प्रणाली
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अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
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स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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Eligibility Criteria
Primary Credit Card holders should be in the age bracket of 18 years to 65 years. Add-on Card holder should be 18 years and above
Location - Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune
Should be a resident of India
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
To apply for the Kotak Mahindra Bank's 811 Credit Card, you can follow these steps:
Login to your Kotak 811 account.
Click on the "Apply Now" button for the 811 Credit Card.
Enter your personal and financial information, including your income and employment status.
Select your credit limit.
Submit your application.
You will receive a decision on your application within a few days.
If your application is approved, you will receive your credit card within 7-10 working days.
सम्पर्क करने का विवरण
1860 266 2666
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Welcome Benefit: Customers will get 500 reward points on activation and spending INR 5000 in the first 45 days.
Reward System: Customers will get 2 reward points per Rs. 100 on online spending and 1 reward point per Rs. 100 on offline spending. 1 RP = 0.25 Paisa. Online cashback rate:0.5%, and General cashback rate: 0.25%.
Other Benefits: Lost card cover worth Rs. 50,000 applicable 7 days prior to reporting the loss of card.
Extremely basic credit card.
Limited value add features.
Low cashback rate.
The maximum railway surcharge waiver that is allowed in a calendar year is Rs.500/-
Fuel transactions are not eligible to earn any reward points.
This card is a good option if you're a beginner with limited credit history and want a no-frills, lifetime-free card with basic benefits. However, the card provides a very low reward rate and charges high processing fees. Also, being an entry-level card it provides very limited features and offers.
This card is a good option if you're a beginner with limited credit history and want a no-frills, lifetime-free card with basic benefits. However, the card provides a very low reward rate and charges high processing fees. Also, being an entry-level card it provides very limited features and offers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
उत्पाद समीक्षा
फीस एवं प्रभार
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ईंधन अधिशुक्ल
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Billing Cycle
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