Kotak Bank Royale Signature Credit Card

Experience seamless purchase in India and overseas with the Kotak Royale Signature Card. Feel royally pampered with features like access to premium airport lounges, customizable reward options and priority assistance. The card is available in 2 variants and you can choose one of the two according to your budget.

• The first swipe of the card gives you 2 BookMyShow vouchers.
• The card has been designed to meet the needs of those who travel frequently and seek premium lifestyle privileges on their card.
• One of the two variants of the Royale Signature Credit Card has no joining fee.
• You earn 4X reward points for every Rs.150 spent on special categories like dining, travel, air tickets, and international spends. On all other categories, 2X rewards are offered.

Features And Benefits Of Kotak Bank Royale Signature Credit Card

Travel benefits: You get 2 complimentary airport lounge visits per quarter to domestic airports. Also get unlimited paid access for yourself and accompanying guests. You can enjoy various benefits offered by the lounges including a gourmet meal, TVs, newspapers and magazines, free Wi-Fi and others.

Annual fee waiver: If the annual retail spends in a calendar year is Rs.1 lakh, the annual fee will be waived off for both paid and free variants.

Milestone reward points: Spend Rs.4 lakh in an anniversary year and earn 10,000 bonus reward points. For spending Rs.8 lakh, you will earn 30,000 reward points. The bonus reward points will be credited at the end of the anniversary year.

Contactless payment: With Visa payWave technology you can simply tap the card at the card reader to process the transaction. Transactions below Rs.2,000 can be processed without entering the PIN through the payWave card.

• You can avail 1% fuel surcharge waiver on all the fuel transactions valued between Rs.500 and Rs.3,000. The maximum waiver is capped at Rs.3,500 per calendar year.
• You can also enjoy railway surcharge waiver which is typically charged on railway ticket bookings made using credit cards. The maximum waiver amount is capped at Rs.500 per year.

Add-on cards: You can apply for add-on cards that will have the same benefits as the primary card. Also, you can set the spending limit and track spends on each card separately.

• The priority attend service enables you to get a call back from the bank by sending an SMS. Just SMS 'KASSIST' to 5676788 and receive a call back within 2 hours.
• The service can be availed to pay monthly dues, to request a cheque pick-up and others.

Cover against fraudulent transactions: Cardholders get Rs.2.5 lakh cover against fraudulent use of the credit card in case of loss or theft of the card. Fraudulent transactions of up to 7 days before reporting the loss of card will be covered.

Reward Point Benefits On Royale Signature Card

• 4X reward points for every Rs.150 billed to the card for special categories like dining, travel, air tickets, and international spends.
• On all other categories, 2X rewards are offered.

The accrued reward options can be redeemed for redemption options like air tickets, air miles, cash, merchandise options, and mobile recharge with auto redemption facility that makes every purchase more rewarding.

How To Redeem Reward Points On The Royale Credit Card?

The Royale Signature Credit Card provides 2 different options to redeem your reward points.

• Pay with reward points: You can convert the reward points accrued on the Signature Card into currency at merchant outlets through Kotak PayByPoints option.

Once you're done with your shopping at a merchant store, at the time of billing ask the cashier to redeem reward points on your Kotak credit card. If there is any balance amount, you can pay it through cash or card.

• Redeem rewards through net banking: You can redeem the reward points for cash, flight tickets, movie bookings, mobile recharge and other products through your Kotak Mahindra net banking account.

Simply login to your Kotak Mahindra net banking account, choose 'Credit Cards > Rewards Redemption' and choose your option.
Every 2 reward points accrued on the card can be redeemed for 1 Easy Point.

The credit limit of Kotak Royale Signature Credit card along with the cash limit will be communicated to each cardholder at the time of card delivery. The credit limit on the card typically depends on the income of the applicant. Cash limit is a portion of the credit limit reserved for cash withdrawals.
If you enable international transactions on your Signature credit card, the credit limit of the transactions remains the same as the total limit on the card.
The available credit limit on the credit card is different from the total credit card and it varies as per your card usage. You will find the available credit limit in your monthly credit card statement.

You can apply for credit card limit enhancement by contacting the bank directly. However, such requests can be made after using the card for a certain period as stipulated by the bank.

Latest Credit Card Offers On Kotak Royale Signature Card

Travel offer - Get 8% discount up to Rs.1,200 on domestic flight bookings and 7% off up to Rs.10,000 on international flight bookings made on Yatra mobile app. Use promo code 'YTVISA19' to avail the offer before it expires on 30 September 2019.

Shopping offer - Use promo code 'KOTPLE010' and get 20% discount on your first order on the Purplle mobile app. Maximum discount is capped at Rs.100 per user and the offer is valid till 30 April 2019.

Dining offer - Book a prepaid deal on Easy Diner and get Rs.299 discount on a minimum booking of Rs.400 and above. Use coupon code 'EDKM' to avail the benefit before 31 May 2019.

Entertainment offer - Avail 25% discount, up to Rs.150, for movie ticket bookings on BookMyShow between 5:00 p.m. - 11:00 p.m. everyday. Hurry up, offer valid till 30 April 2019.

Electronics offer - Get 5% cashback on purchases made at Reliance Digital every Monday. Maximum discount is capped at Rs.1,000 per transaction. Offer valid on transactions worth Rs.10,000 conducted before 28 April 2019.

Fees And Charges Associated With The Royale Signature Credit Card

Eligibility To Apply For The Kotak Bank Royale Signature Credit Card

You can apply for the Kotak Bank Royale Signature Credit Card if you meet the following conditions:

• You are aged between 21 to 65 years and the supplementary cardholder is at least 18 years of age.
• You are a resident of India and reside at any of the following locations including Bangalore, Ahmedabad, Chennai, Chandigarh, Delhi NCR, Hyderabad, Kolkata, Pune and Mumbai.
• Your annual income is at least Rs.24 lakh.

Documents Required To Apply For The Royale Signature Credit Card

You will have to submit an identity proof and proof of income. Documents like PAN card, salary slip, Income Tax returns statement, Voter ID, Aadhar, etc. will be asked for during the application process. Kotak Mahindra Bank would inform you if it needs some additional documents.

How To Apply For The Kotak Royale Signature Credit Card Online?

You have the option of applying for the card on the official Kotak Mahindra website. The other option is to apply on the BankBazaar website and enjoy multiple benefits like paperless approval, short processing time, checking your eligibility, etc.
To apply on BankBazaar, just do the following:

• On the Kotak Royale Signature Credit Card page on the BankBazaar website, check your eligibility by selecting the 'Check Eligibility' option.
• If your eligibility is established, on the application page, enter the details sought and click 'Submit'.
• After entering the details, you need to upload the documents and then click on 'Submit'.

The application ID you receive on successfully carrying out the process can be used to track your application using the ' Track Application ' feature on BankBazaar.

FAQs on the Kotak Royale Signature Credit Card

1. Am I offered an interest-free period on cash withdrawal with my Kotak Royale Signature Credit Card?

No, the interest-free period is applicable only for card-based transactions and not for cash withdrawals.

2. What is the maximum surcharge waiver that I can get with the Kotak Royale Signature Credit Card?

For fuel purchases, the maximum fuel surcharge waiver allowed in a year is Rs.3,500. For railway transactions, it is limited to Rs.500 per year.

3. When would the bonus reward points get credited to my Kotak Royale Signature Credit Card account?

The bonus reward points would be credited to your account at the end of the anniversary period.

4. Can I use the contactless payment facility of the Royale Signature Credit Card at all merchant locations?

You can use the contactless payment facility only at merchant locations that accept Visa PayWave transactions. Just check for the Visa PayWave mark and contactless logo at the point of sale to know about the acceptability of contactless payment at the merchant locations.

5. Which customer care number to contact for any issue related to my Royale Signature Credit Card?

Contact Kotak Mahindra credit card customer care by dialling 1860-266-2666.

Also Know About Other Credit Cards Offered By Kotak Bank