KotakBank Credit Card
Kotak Mahindra Bank Credit Card Overview:
Ever since their invention, credit cards have transformed the way the world transacts. For millions and millions of users, they have made life so much simpler, providing them access to funds in times of need. In India alone, there are about 2 crore credit card users (as of 2014) and the number is only growing with each passing year. There are several banks which offer a variety of credit cards to its customers. One of the leading banks to offer this facility to its customers is Kotak Mahindra Bank.
Kotak Mahindra is the one of the leading Indian private sector banks operating in India with a net income of Rs 15.69 billion. Established in 1985, the Kotak Mahindra initially started off as Kotak Mahindra Finance Limited and eventually became the first non-banking finance company to be converted into a bank. Catering to a wide spectrum of customers, the bank offers a suite of financial products and services, including credit cards. The Kotak Mahindra range of credit cards is highly popular among users for the variety it offers – Shopping credit cards, lifestyle credit cards, dining / entertainment credit cards, credit cards for NRIs, corporate credit cards and more. Interested to know more? Read on.
Why Choose Kotak Credit Cards?
There is a multitude of banks offering credit cards in India. However, there is a distinct set of reasons which sets the Kotak Mahindra range of credit cards apart from the rest. Here are a few reasons why a Kotak Mahindra credit card can be a wise choice.
Wide Range of Payment Options:
Choose from a wide range of options to make your credit card bill payment with ease. Bill payment may be done via any of the following options: WebPAY, IMPS, phone banking, net banking, Over the Counter, via cheque, auto-debit, NEFT or VISA Payment.
Manage bill payments with Kotak BillPay:
Now, pay your utility bills with ease via Kotak BillPay, a simple, hassle-free and convenient system of bill payments. Manage payments for a variety of utility bills like telephone bills, electricity bill, cellphone bill, insurance premiums, recharging of prepaid cell phones, DTH account recharge, magazine subscriptions and more.
Peace of Mind with Kotak Chip & PIN Cards:
Enhance the security of your transactions with the Kotak Mahindra’s range of Chip & PIN cards. These EMV Chip & PIN cards are the new standard in global payments and protect against card frauds like counterfeiting and skimming.
Secure Online Transactions :
Shop online securely with your Kotak Mahindra credit card which is available in VISA and MasterCard variants. Both types of cards are respectively secured by Verified by Visa (VBV) and MasterCard SecureCode, making online shopping a safe and secure process.
Easy Access To Cash:
The need for cash may arise anytime and anywhere. With your Kotak Mahindra credit card, you have access to cash as and when you need it, via ATMs, bank branch, on your phone or online.
Features and Benefits of Kotak Credit Cards:
The range of Kotak Mahindra credit cards has been carefully curated not only to cater to meet the requirements of a diverse customer base but also address several lifestyle related activities and needs. You can find credit cards designed for specific categories like shopping, lifestyle, dining / entertainment, for NRIs, for corporates and others. Given below are some of the highlighting features and benefits of each of these cards. Find out which one is best suited for you.
Shopping Credit Cards:
- Designed to help you save on a variety of retail activities for personal or routine household use.
- Earn 5x rewards on apparel shopping.
- Enjoy 2.5% fuel surcharge waiver at petrol stations across India.
- Earn reward points for every retail purchase charged to your card.
- Save up to 10% at grocery / departmental stores.
- Earn free vouchers each month for in-store and out-store spends at Easyday.
- Redeem reward points against a host of exciting options.
Lifestyle Credit Cards:
- Enjoy higher credit limits on the lifestyle range of Kotak credit cards.
- Travel in comfort with VIP lounge access at over 600 airports worldwide.
- Earn free movie tickets on your spends.
- Earn 10x rewards on select categories under the Shopper’s or Traveler’s Reward Earning Plan.
- Enjoy privileged access to international events where you get the benefits of preferred seating, champagne reception,
- Be a part of the exclusive Premier Rewards Program.
- Flaunt your style with a personalized card design.
Dining / Entertainment Credit Cards:
- Enjoy the most exclusive dining and entertainment benefits with the Kotak Mahindra dining / entertainment range of credit cards.
- Get free PVR movie tickets every month when you spend a certain amount with your Kotak Mahindra credit card.
- Earn Dining Points on card spends and redeem the same for a host of benefits.
- Enjoy a 2.5% waiver on fuel surcharge at all petrol pumps across India.
- Earn 10% cash back when you spend on dining or movies, round the year.
NRI Credit Cards:
- Get a chance to earn 2x Reward Points on your spends outside India.
- Reward points can be redeemed for a host of options like air miles, movie tickets, air tickets, cash and more.
- Enjoy the convenience of paying for your international purchases, dining and travel in INR.
- Enjoy fuel surcharge waiver on fuel purchases.
- Save up to 1.8% on railway bookings made via www.irctc.co.in and up to 2.5% on bookings made at the Indian Railways Booking Counters.
- Extend the benefits of the NROI Royale card with an Add-on card.
Corporate Credit Cards:
- These international credit cards are accepted worldwide at over 10 million merchants.
- Enjoy privileged lounge access to over 600 airports worldwide.
- A chance to earn significantly higher reward points on card spends.
- Easy redemption of reward points against a host of exciting benefits.
- Earn surcharge waiver on railway bookings made with your Kotak Mahindra credit card.
- Enjoy an interest free credit period of up to 48 days on this range of credit cards.
- Ease of expense tracking with consolidated statement and payment.
Other Credit Cards :
- Get up to 4 PVR movie tickets for free on card spends.
- Enjoy 2.5% fuel surcharge waiver at petrol pumps across India.
- Benefit of high credit limits.
- Enjoy an interest free credit period of up to 48 days.
- In case of need, you can also avail the Balance transfer facility available with this range of credit cards.
- Easy access to cash, anytime, anywhere.
- Share the benefit of Kotak credit cards with two- free Add-on cards.
List of Kotak Bank Credit Cards Details:
Kotak Mahindra offers a well-appointed list of credit cards designed for different kinds financial and lifestyle requirements. The cards have been classified into different categories for easy classification.
Shopping Credit Cards:
- Silk Inspire Platinum Credit Card:
Exclusively designed for women, the Kotak Silk Inspire Platinum Credit Card offers a plethora of exciting features like up to 5x Reward points, 2.5% fuel surcharge waiver, a chance to get free PVR movie tickets and redemption of reward points against a host of exciting options like cash, mobile recharge, branded merchandise, air miles, movie tickets and more.
- Urbane Gold Card:
With the Kotak Urbane Gold Card, you can earn 3x reward points on card spends along with multiple options for reward redemption. Also, with spends worth Rs 1,00,000 in a year, you get to earn 4 free PVR tickets or 10,000 reward points.
- Essentia Platinum Credit Card:
Enjoy a whopping 10% savings on grocery and departmental store spends with the Kotak Essentia Platinum Card. Not only that, this card also features a host of exciting offers when it comes to dining, travel and entertainment so you can pamper your loved ones. Choose from a range of reward redemption options like air miles. Movie tickets, air tickets, cash, branded merchandise, mobile recharges, etc. In case of any queries, KASSIST shall provide you with immediate assistance. Also, you earn 1 Saving Point for every Rs 250 charged to your card.
- Easyday Titanium Card:
Designed exclusively in partnership with Easyday stores, the Kotak Easyday Titanium Card lets you earn handsome reward points not only for spends done at Easyday stores but also outside. This card is accompanied by a string of benefits like Easyday vouchers on bill amounts, inside the store and also outside. Immediate benefits of this card include. Transacting with this card is extremely safe and secure as it features MasterCard Secure Code for transaction protection.
- Easyday Silver Card:
Enjoy extra savings on your purchases with the Easyday Silver Card. Earn 10 points for every Rs 100 spent at Easyday stores and 5 points for every Rs 100 spent outside Easyday stores. Share the benefits of this card with your family members by way of an Add-on card which is available free of charge. Manage your card transactions with timely SMS alerts.
Lifestyle Credit Cards:
- Wealth Management Infinite Credit Card:
Designed especially for Kotak Wealth Management customers, the Kotak Wealth Management Infinite Credit Card is a 'By-Invite' credit card program, which offers the best in class reward program. Other distinct features of this card include access to prestigious international events, gold privileges, higher transaction limits, invites to premium events and personalized card design holding the cardholder’s sketch.
- Royale Signature Card:
Designed for the discerning customer, the Kotak Royale Signature Card comes with a host of exclusive privileges like complimentary airport lounge access, TAJ Epicure Plus Membership, fuel surcharge waiver and railway surcharge waiver. The excitement doesn’t stop there. This card also brings you the finest rewards program which offers up to 10x rewards on card spends done at VISA merchants and 5x points on all other spends. Accumulated reward points can be redeemed for a wide range of choices like air tickets, mobile recharges, branded merchandise and more.
- Privy League Visa Signature Credit Card:
Enter the world of the most exclusive privileges and be a part of the elite cardholder club with the Kotak Privy League Visa Signature Credit Card. With this card, you get to pick and choose the features which best complement your lifestyle requirements. Accumulate reward points and redeem the same in exchange for a host of options like mobile recharges, merchandise, air tickets and more. Save up to 25% on spends across Taj dining establishments with the TAJ Epicure Plus Membership and get up to 4 free PVR movie tickets every quarter. Relax as you travel with Priority Pass Membership which grants you privileged access at over 600 airport lounges across 100 countries. As a Privy League card holder, you are entitled to a host of convenient concierge services which include dining / hotel reservations, assistance for flight ticketing, event ticket bookings and more.
- League Platinum Credit Card:
The Kotak League Platinum Credit Card features a range of benefits which include multiple reward options to choose from, lost/stolen fraud cover, railway surcharge waiver, priority assistance, fuel surcharge waiver and the option to avail an Add-on card to extend the benefits of your League Platinum Card with your loved ones.
Dining / Lifestyle Credit Cards:
- PVR Gold Card:
Movie buffs, rejoice! The Kotak PVR Gold Card has been designed specially keeping you in mind. This card entitles you to indulge your passion with up to 2 free PVR movie tickets each month when you hit the specified spend limit. You can shop anywhere in India with your PVR Gold Card, all year round to get your free movie tickets. With PVR Shield, your card is protected against any unauthorized transactions in case of loss / theft of card.
- PVR Platinum Card:
Kotak gives you a unique opportunity to indulge your passion for movies with the PVR Platinum Card. With this card, you are entitled to up to 3 PVR movie tickets each month. All you have to do is spend up to a certain limit using your PVR credit card, anywhere across India, any time of the year. This card also features top-notch protection for your transactions by way of PVR Shield, which is essentially insurance cover for lost or stolen cards.
- Delight Platinum Card:
Entertainment takes on a new meaning with the Delight Platinum Card which features handsome cashback n a variety of lifestyle and entertainment activities. Enjoy up to 10% cashback not only on dining at fast food joints, pubs, restaurants, pizza joints and coffee shops but also on movies at theatres and plays. Additionally, this card also entitles you to a fuel surcharge waiver and railway surcharge waiver of 2.5% and 1.8% respectively. Extend the benefits of your Delight Platinum card with your family members with an Add-on card which carries all the benefits of the principal card.
- Feast Gold Card:
Who knew dining out and movie viewing could be as rewarding as it is with the Kotak Feast Gold Card. You get a chance to win dining points on every Rs 100 spent at dining establishments and for movies. This card also allows you the facility of balance transfer whenever the need arises. Feast Shield safeguards your card against unauthorized transactions in case the card is lost or stolen.
NRI:
- NRI Royale Signature Card:
A card specially designed for Indians living abroad, the NRI Royale Signature Card is accompanied by a host of exclusive features and benefits like no other card. You get to earn 2x rewards on sends done abroad and 1 reward point for spends within India. The accumulated reward points can be redeemed for a variety of options like air tickets, air miles, cash, movie tickets and more. Moreover, this card allows you the liberty to not only purchase but also pay in Indian Rupees (INR). Enjoy a waiver on fuel surcharge and railway surcharge with this card.
Corporate Credit Cards:
- Corporate Wealth Signature Credit Card:
Designed for corporates, the Corporate Wealth Signature Credit Card comes with universal acceptability and a host of other benefits like higher cashback n card spends, interest free period of up to 48 days, convenience of easy payment, exclusive airport lounge access easy redemption of reward points, fuel surcharge waiver, real time alerts, facility of making consolidated payment, among many more.
- Corporate Platinum Card:
The Corporate Platinum card is a universally accepted card which offers a string of valuable benefits like higher reward points, easy redemption of reward points, fuel & railway surcharge waiver, privilege lounge access at over 600 airports worldwide, interest free credit period of up to 48 days, timely email statements to track account activity and the facility of making consolidated payments, etc.
- Corporate Gold Card:
Enjoy the convenience of making consolidated payments and a host of other related benefits with the Corporate Gold Card. This card brings you a series of valuable features like privilege lounge access at over 600 airports worldwide, interest free credit period of up to 48 days, timely email statements to track account activity higher reward points, easy redemption of reward points, fuel & railway surcharge waiver.
Other Credit Cards:
- Aqua Gold Card:
The Kotak Aqua Gold Card brings to you a range of exciting benefits like interest free cash withdrawals, high credit limits, interest free cash period up to 48 days, facility of carrying out a balance transfer, waiver of fuel and railway surcharge. One of the most important features of this card is that it allows the cardholder to avail a credit limit of up to 80% on the term deposit amount.
- Fortune Gold Card:
Enjoy easy access to cash, anytime and anywhere with the Kotak Fortune Gold Card. Carry out banking transactions at Kotak and non-Kotak ATMs, higher cash limits, fuel and railway surcharge waiver, balance transfer facility and also a chance to get 4 free PVR movie tickets.
- Best Price Card:
Kotak Mahindra, in association with Best Price Modern Wholesale introduce the Best Price Card. Designed to be used only at Best Price Wholesale stores, this card carries a host of special benefits like a 14-day interest free credit period and 2 free Add-on cards.
Kotak Credit Cards Eligibility:
Following is the eligibility criteria applicable if you wish to apply for a Kotak Mahindra credit card.
- The primary card holder must be between 18 to 65 years.
- Applicant must be a resident of India.
- Please note that each credit card from the included categories holds differing income requirements.
Why Apply For Kotak Credit Cards via BankBazaar?
Applying for a credit card can be a stressful and often, confusing process. But, there is an easy way to simplify that. All you need to do is go to Bankbazaar, a unique platform which consolidates all information related to your preferred Kotak Mahindra credit cards in one place. Right from researching about all the different credit cards offered by Kotak Mahindra, you can also compare different cards and pick the one which suits your requirements. Furthermore, you can easily check your eligibility for your preferred card and apply directly through the website. Bid goodbye to the hassle of having to run to the bank and having to go to multiple bank representatives, just to get the simple process of applying for a credit card in motion.
How to Apply For Kotak Credit Cards Via BankBazaar?
It is incredibly easy to apply for your preferred Kotak Mahindra credit card via Bankbazaar. Following are the simple steps involved.
- Head over to the BankBazaar website and click on the tab labelled ‘Credit Cards’.
- Once you click on that, you will re-directed to a page which displays a list of credit cards
- classified bank-wise. Once you have selected your preferred Kotak Mahindra credit card, you need to check whether or not you’re eligible to apply for it. For this, simply click on the tab labelled ‘Check Eligibility’.
- Having checked your eligibility for the chosen Kotak Bank credit card, you can choose to apply for the card by clicking on the ‘Apply Now’ tab. And that’s all it takes!
Kotak Mahindra Bank Credit Card FAQs:
- What is the minimum term deposit amount required in order to apply for a Silk Inspire credit card?
Applicants must have a minimum term deposit amount of Rs 50,000.
- What is the annual fee for the Kotak Silk Inspire credit card?
An annual fee of Rs 599 + GST shall be charged on the Kotak Silk Inspire credit card for women.
- Can I track the spends Add-on cards associated to any Kotak Bank credit cards separately?
Yes, you may track the spends on all add-on cards separately for easy expense management.
- What is Smart Pay?
Smart Pay is a facility offered by Kotak Mahindra bank which allows Kotak credit card holders to pay for any transaction above the value Rs 3000 in easy installments / EMIs. Customers can choose from 3, 6, 9, 12 and 24 months.
- Does the Wealth Management Infinite Credit Card carry any Golf benefits?
Yes, this card does carry golf benefits which allows cardholders to tee off at some of the finest golf courses around the world.
- What is the minimum income requirement in order to apply for a Royal Signature credit card ?
Applicant must have a minimum income of Rs 25 lakh or above, per annum.
