Kotak Mahindra Business Power Platinum Debit Card

4.0 / 5.0 by 25 users

Fees & Charges

Promised Interest Rate

Customer Service

Responsiveness

Imagine how great it would be if your debit card could combine business and leisure benefits. And that’s just what the Kotak debit card is all about. This unique debit card offers you some of the most exclusive benefits, be it for business or for leisure activities like shopping, dining, travel, wellness, health, and much more. Also, you get to avail a host of features like complimentary insurance covers, high transaction limits, Priority Pass access, exciting offers and discounts, and many more.

Features & Benefits of Business Power Platinum Debit Card - Kotak Mahindra

Chip Based Card for Enhanced Security – The Business Power Platinum is a Chip based debit card which offers unmatched security for all your transactions, whether done online at e-commerce websites or at merchant establishments.
Complimentary Insurance Cover – As a Business Power Platinum Debit Card holder, you are entitled to a variety of complimentary insurance covers, provided with your card. This card offers Air Accident Insurance cover worth up to Rs 20,00,000, Lost Card Liability Cover worth up to Rs 2,50,000, Lost Baggage Insurance Cover worth up to Rs 1,00,000 and Purchase Protection Limit up to Rs 1,00,000 for any purchases made on your debit card.
Host of Exciting Offers & Discounts – With the Business Power Platinum Debit Card, you get exclusive access to a world of deals, discounts and offers across a variety of categories like health, fitness, travel, dining, wellness, electronics, jewellery, shopping, and more. Enjoy special discounts and deals at world renowned retailers and merchants like Panasonic, Cookie Man, Jabong, Croma, Four Fountains Spa, Samsung, eBay, Dominoes, Flipkart, Pepperfry, Zivame, Big Basket, Yatra, Cleartrip, Amazon, Urban Ladder, Kaya Skin Clinic, National Geographic Magazine, and many more brands.
Access to The Priority Pass Program - As a Kotak Business Power Platinum debit card holder, you get the exciting opportunity to become a member of the Priority Pass program. The Priority Pass is one of the world’s most elite, luxurious and well known airport lounge access program which grants you access to the most decadent VIP airport lounges at over 700 airports worldwide in over 400 cities and 120 countries.
High Transaction Limits – Never be restricted by insufficient transaction limits on your debit card. The Business Power Platinum debit card features some of the highest transactions limits wherein you get a daily ATM cash withdrawal limit of Rs 2,50,000 and a per day purchase limit of Rs 2,00,000.
Fuel Surcharge Waiver – With the rising price of fuel, it has become a major expense in an individual’s budget. With the Business Power Platinum debit card, you get waiver on your fuel surcharge, currently levied at the rate of 2.5%. Over time, it can help you make considerable savings on fuel expenses.
Widely Accepted – The Kotak Mahindra Business Power Platinum is no ordinary debit card. This card offers worldwide acceptance, be it at national merchant or international ATMs and merchant establishments.
Global Customer Assistance Service (GCAS) - As a Business Power Platinum debit card holder, you get to avail exclusive access to the special round the clock Visa Global Customer Assistance Service (GCAS). You can contact GCAS any time you wish to report the loss or theft of your Visa debit card, need an emergency debit card replacement or want to make any other miscellaneous car related queries.

Eligibility for Business Power Platinum Debit Card

The business Power Platinum is a premier debit card which is available to only select Kotak Mahindra customers. Currently this card is available only to Resident customers holding Current Accounts with Kotak Mahindra or Non-resident customers who hold NRE Current Accounts with Kotak Mahindra.

Charges & Fees - Kotak Mahindra Business Power Platinum Debit Card:

Primary Card Issuance Fee	Rs 250
Primary Card Annual Fee	Rs 750 / per annum
Add-on Card Annual Fee	Rs 750 / per annum
Lost Card Replacement	Rs 200
Visa Global Assist Service	USD 5
Visa Global Assist for Lost Card	USD 35
ATM Transaction at Kotak ATMs	Free of Charge (balance enquiry & cash withdrawal)
Non-bank ATM Transactions (domestic)	Free of charge
Cash Withdrawal at international ATM	Rs 150
Balance Enquiry at international ATM	Rs 25
ATM Transaction Declined (non Kotak ATM)	Rs 25 / per transaction

Business Power Platinum Debit Card FAQs

What must I do if I lose my debit card while travelling overseas?
You must immediately report the loss at the toll free number to block your card to prevent any misuse. You may also do so by calling the Visa Global customer Assistance Service for the same.
When will the fuel surcharge waiver reflect in m Kotak bank account?
For all those debit cards which are eligible to receive a fuel surcharge waiver, the same will be reversed from your bank account by the 12th of the following month.
Can I use this debit card for transactions overseas?
Yes, the Business Power Platinum is a Chip based debit card which is enabled for international use by default. This means that you can not only withdraw money but also make purchases at merchant establishments while travelling internationally.
Is there any cross-currency mark-up charged on this debit card?
Yes, a cross currency mark-up at the rate of 3.5% is chargeable on all foreign currency transactions carried out on this debit card.

Debit Cards from Top Banks

Debit Cards By Bank

Types of Debit Cards

Kotak Mahindra Business Power Platinum Debit Card Reviews

Write a Review

Debit Card

"Good Bank"
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

I have a Kotak Bank i opened through Online portal. It is Very Easy to Open .Zero Rupees Charges.I ordered for a Debit card of kotak bank i got it delivered.Kotak App is Very User Friendly to Everyone.Zero balance maintain No Extra Charges..Quite Good App

Was this review helpful? 0
Thank you for your vote

Thank you for your vote

Mohammed Jaffer Khan , bangalore
Reviewed on Feb 16, 2018
Debit Card

"Decent Credit Card"
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

I have a Salary account with them and the bank has offered a complimentary Credit card on the basis of this account. They have given me a Credit Limit of Rs.2.5 Lakhs, which I felt is quite a good one to have. One thing which let me down over here is their high interest rate. Also an added advantage is, they have good reward points system available with them.

Was this review helpful? 0
Thank you for your vote

Thank you for your vote

RAMANUJAREDDY VINTA , chennai
Reviewed on Jan 23, 2018
Debit Card

"Good"
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

I am using domestic debit card of Kotak Mahindra Bank. The daily withdrawal limit was 25,000 rupees which was satisfactory. I am using this debit card for the last six months. There is no charge for other ATM swipe. ATM facilities are good and enough.

Was this review helpful? 0
Thank you for your vote

Thank you for your vote

AMRIT PATEL , navi mumbai
Reviewed on Jan 04, 2018
Debit Card

"Good service"
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

Within 4days of time I got the car loan from Kotak Mahindra bank. The customer support is good with Kotak mahindra bank. The rate of interest which they have offered was low, when compared with other banks. The required loan amount has been disbursed and I am happy with it.

Was this review helpful? 1
Thank you for your vote

Thank you for your vote

SRI HARSHA A , hyderabad
Reviewed on Oct 16, 2017
Debit Card

"Kotak Mahindra Bank Fraud Services"
KOTAK MAHINDRA BANK

0.5 0.5/5 "Unacceptable"

Kotak Mahindra Bank has **fraud banking services**. Rs. 800+ charge for other ATM Withdraws. 10000+ Charge for not maintaining minimum balance. 1000+ for delayed credit card payments. One Purchase = Service Tax+Conversion Charge+Interest Charge+Actual MRPâ?¦. **Close all your accounts** of Kotak Mahindra Bankâ?¦

Was this review helpful? 18
Thank you for your vote

Thank you for your vote

Shiva , bangalore
Reviewed on Apr 06, 2017
Debit Card

"GOOD BANK BEST SERVICES GOOD JOB NICEBANK GOODRELATIONSHIP "
KOTAK MAHINDRA BANK

0.5 5.0/5 "Blown Away!"

SUPPORTING WITH A MINIMUM WORKING TIME BANK QUICK DESISION WONDERFUL JOB GOOD PROVIDED BY OTHER BANKS LIKE ICICI, HDFC , IDBI , AXIS AND MORE NATIONALIZED BANKS FUTURE GOOD BANK MANAGMENT GOOD ALSO SUPPORT AND THANKS TO ALL THEY ARE HELPING PEOPLE THANK YOU AGAIN..

Was this review helpful? 9
Thank you for your vote

Thank you for your vote

DEEPAK DEEPAK SURTYANI , vadodara
Reviewed on Mar 26, 2017
Debit Card

"Share a experience with Kotak Mahindra Bank on line service"
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

I like Kotak Mahindra Bank because this bank replied fast comparing with another bank.The process was comleted process on line with in a five minute.its pleasant experience when compared with other bank services I like Kotak than another private sector banks.

Was this review helpful? 14
Thank you for your vote

Thank you for your vote

DILIPKUMAR CHAUHAN , ahmedabad
Reviewed on Mar 25, 2017
Debit Card

"zero use for kotak rupay debit card"
KOTAK MAHINDRA BANK

0.5 0.5/5 "Unacceptable"

i applied for a kotak mahindra rupay debit card after surrendering my existing visa debit card. firstly for some strange reason kotak doesnt allow rupay debit card as a addon card to my existing visa card. hence they automatically blocked my visa debit card on applying for rupay card. next i tried using the kotak rupay debit card on various POS terminals and online transactions. but it was declined everytime. later i got to know that they mention that it cant be used online. but there is no mention of non usage at POS too. after i tried it at around 20-30 machines i wrote them an email. to which they replied that there rupay card is not enabled for POS yet. and its not happening anytime soon. WHILE OTHER BANKS' RUPAY CARD WORKS EASILY ONLINE AS WELL AS AT POS, KOTAK CHOSES NOT TO ENABLE THESE. this card is only usefull for taking out cash from atm and that too only 10000. i was left bitterly dissapointed and have finally blocked it for reissue of visa debit card.

Was this review helpful? 16
Thank you for your vote

Thank you for your vote

ankit , new delhi
Reviewed on Mar 09, 2017
Debit Card

"Very Poor service - Dont go for it - i am frustrated ."
KOTAK MAHINDRA BANK

0.5 0.5/5 "Unacceptable"

Deducted money, I tried to communicate with them, but I didnt get any response. having many features of KOTAK bank is not good when it comes to customer service. Do not open your account in Kotak bank they will not give you service. I am frustrated with Kotak bank. Very bad feelings.

Was this review helpful? 26
Thank you for your vote

Thank you for your vote

Prasad , pune
Reviewed on Dec 15, 2016
Debit Card

"Make False Offer"
KOTAK MAHINDRA BANK

0.5 0.5/5 "Unacceptable"

I'm a Kotak Platina Salary account holder which comes with a Kotak Platinum Debit Card. The Platinum Card holders has no withdrawal limit from Kotak and Non-Kotak ATM in india. Everything was going fine for last 1.5 year. I have been happily withdrawing cash around 10-15 times a month from Non-Kotak ATM. Suddenly they charged me with some CW Fee. Querying on that, I get to know that they downgraded my account upto five ATM transaction/Month. The reason of downgrading my account is many number of withdrawal of 300-400 INR. But still they are showing in the charges page the same unlimited Kotak and non-Kotak transaction. The link of the charges page is : http://www.kotak.com/service-charges.html

Was this review helpful? 16
Thank you for your vote

Thank you for your vote

Rahul Nandi , bangalore
Reviewed on Dec 10, 2016
Debit Card

"Good overall"
KOTAK MAHINDRA BANK

0.5 5.0/5 "Blown Away!"

I am happy with the services and response I received from Kotak Mahindra Bank for the debit card application. They contacted me and informed me all the details and the procedure as well. Since I went ahead with another bank, I cancelled my application with them. I do not wish to comment on the charges.

Was this review helpful? 6
Thank you for your vote

Thank you for your vote

RAJENDRA BANGERA , mumbai
Reviewed on Dec 05, 2016
Debit Card

"KOTAK MAHINDRA CLASSIC DEBIT CARD"
KOTAK MAHINDRA BANK

0.5 5.0/5 "Blown Away!"

I never new applying for KOTAK MAHINDRA CLASSIC DEBIT CARD will be so easy. Awaiting to open an account with KOTAK MAHINDRA & get the best previlages offered better than other banks. KOTAK BANK is doing well compared to other banks with Customer service. I have heard of the bank quite some time & eagerly waiting to have an account with KOTAK MAHINDRA.

Was this review helpful? 8
Thank you for your vote

Thank you for your vote

NRAGHURAMRAJU , bangalore
Reviewed on Nov 30, 2016
Debit Card

"Very use ful site, Its very easy-to-use site Bank Bazaar i l"
KOTAK MAHINDRA BANK

0.5 5.0/5 "Blown Away!"

Very easy applying Very use ful site, Its very easy-to-use site Bank Bazaar i like it. Bank bazar is giving me too awesome offers and I would like to use all offers. I will tell about this to my relatives and my families and also my friends and I hope bank bazaar is giving us more offers in future. So, thanking you for this great offers..

Was this review helpful? 11
Thank you for your vote

Thank you for your vote

ROHIT SONI , indore
Reviewed on Oct 26, 2016
Debit Card

"Application for debit card"
KOTAK MAHINDRA BANK

0.5 4.5/5 "Excellent!"

Excellent experience on line debit card application filling application. I am not experiencing any google service it is excellent so we can purchase all in one place with our debit card so I am very much assured to open account in any bank in our computer & use any places in india so my request to all dont miss this opportunity.

Was this review helpful? 8
Thank you for your vote

Thank you for your vote

MANIKANDAN CHANDRASEKARAN , chennai
Reviewed on Oct 12, 2016
Debit Card

"Good service "
KOTAK MAHINDRA BANK

0.5 5.0/5 "Blown Away!"

They are require a minimum balance of 10000Rs in the account.The service provided was good with Kotak Mahindra based on the saving account maintenance.They have responded on time for the application.They have taken around 5days to respond for the application

Was this review helpful? 61
Thank you for your vote

Thank you for your vote

PRITESH BURADE , nagpur
Reviewed on Jan 28, 2016
Debit Card

"Wonderful service "
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

I have opened and commercial account with Axis Bank so I was not requiring this saving account with Kotak Mahindra.The service provided by Kotak Mahindra was very good in account maintenance.They have provided wonderful service to the customer and the rates applied was around 9%.

Was this review helpful? 18
Thank you for your vote

Thank you for your vote

MAHARUDRA MUNJAJI KALE , pune
Reviewed on Jan 14, 2016
Debit Card

"Good bank"
KOTAK MAHINDRA BANK

0.5 5.0/5 "Blown Away!"

I had my address proof which was not belonging to my personal address .The customer service provided was all good with Kotak Mahindra.They have to improve on the terms and conditions applied by Kotak.They have to works on the proofs required because all customer will not have the required proofs.

Was this review helpful? 15
Thank you for your vote

Thank you for your vote

PANKAJ KUMAR , new delhi
Reviewed on Jan 13, 2016
Debit Card

"Need immediate response!"
KOTAK MAHINDRA BANK

0.5 2.0/5 "Expected more"

Once I applied for a debit card with Kotak Mahindra bank, there was a delay in the response from the executives. But after 6 days they made a call to me and I am not able to respond to them properly. And as the online executive told me there are good offers on the debit card, I opted to take the debit card with them.

Was this review helpful? 12
Thank you for your vote

Thank you for your vote

JITENDRA KRISHNACHANDRA TIWAR , mumbai
Reviewed on Jan 13, 2016
Debit Card

"Good debit card feature"
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

The response was good from kotak mahindra when i applied for the debit card and they gave all the details about the product. The debit card feature are good compare to other banks. I was not available in the station so the application was closed.

Was this review helpful? 5
Thank you for your vote

Thank you for your vote

TARSEM SINGH , chandigarh
Reviewed on Jan 13, 2016
Debit Card

"Good "
KOTAK MAHINDRA BANK

0.5 4.0/5 "Great!"

I have postponed the process of getting the debit card with the Kotak Mahindra Bank. Services and the follow up were good with them and I requested the executives to call back me after pongal. Response is immediate with them.

Was this review helpful? 5
Thank you for your vote

Thank you for your vote

VIDYASASTRY KATTEM , vijayawada
Reviewed on Jan 13, 2016