About Kotak 811 #DreamDifferent Credit Card
Kotak 811 #DreamDifferent Credit Card is a secured credit card linked to a fixed deposit. It offers fuel and railway surcharge waivers, along with special milestone benefits. Existing cardholders can unlock milestone rewards by spending Rs. 75,000 or more, earning bonuses such as cashback or PVR movie tickets.
You can apply for the Kotak 811 #DreamDifferent Credit Card from Kotak Mahindra Bank with no joining or annual fees. The card offers a credit limit of up to 90% of your fixed deposit and allows interest-free cash withdrawals.
Kotak 811 #DreamDifferent Credit Card Rewards Program
Kotak 811 #DreamDifferent Credit Card – Reward Points
- Online spends: Earn 4 reward points for every Rs. 100 spent (Rupay variant).
- Other spends: Earn 1 reward point for every Rs. 100 spent (existing 811 #DreamDifferent Credit Card).
- Redemption value: 1 reward point = Rs. 0.20.
- Exclusions: Education, wallet load, fuel, rent, government spends, insurance, online gaming transactions, and utility spends above Rs. 35,000 per month do not earn reward points.
Note: W.e.f. 1st June 2025, 1% transaction charge will be imposed on Wallet Loading & Online Gaming transactions above Rs. 10,000 p.m., utility spends above Rs. 50,000 p.m. and fuel spends above Rs. 35,000 p.m.
Other Features and Benefits
Milestone Benefits
The Kotak 811 #DreamDifferent Credit Card gives you access to a range of credit card services, including add-on cards, interest-free cash withdrawals, and a credit limit of up to 90% of your fixed deposit. The minimum credit limit is Rs. 5,000 for 811 savings account holders and Rs. 9,000 for others.
Milestone Program for New Customers
For the 811 #DreamDifferent Credit Card Rupay variant, you can earn rewards by spending a certain amount in an anniversary year*:
- Rs. 250 voucher on spending Rs. 36,000
- Rs. 1,000 voucher on spending Rs. 72,000
*The anniversary year starts from the card issuance date to the same date the next year. For example, if your card is issued on 31st January, your anniversary year is from 1st February to 31st January. You can check your anniversary year in the Milestone tab of Net Banking or Mobile Banking.
Milestone Program for Existing Customers
This lifetime-free card offers bonus rewards if you spend Rs. 75,000 in an anniversary year*. You can choose one of the following options:
- Cashback of Rs. 750 – Cashback will be credited within 3 months after the anniversary year ends and reflected in the next billing cycle.
- 4 Free PVR Tickets – Tickets can be used for any show on any day and are transferable. A Star Pass Code will be issued, which can be redeemed for online PVR movie tickets at www.pvrcinemas.com.
Surcharge Waivers
- Fuel Surcharge Waiver: 1% waiver on all petrol pumps for transactions between Rs. 500 and Rs. 4,000.
- Railway Surcharge Waiver: 1.8% on transactions via IRCTC website and 2.5% at Indian Railway booking counters (Maximum Rs. 500 per year).
Other Benefits
Interest-Free Cash Withdrawal
- Withdraw cash up to 90% of your total credit limit.
- Processing fee: Rs. 100 per ATM withdrawal or funds transfer.
- Interest-free period: Up to 48 days on cash advances.
Balance Transfer
- Processing fee: Rs. 349 per Rs. 10,000.
- Enjoy continued interest-free period on new retail purchases.
- Easy and instant: Call Kotak Mahindra Bank to transfer balances from other credit cards.
811 #DreamDifferent Shield – Lost Card Liability Cover
- Covers up to Rs. 50,000 against fraudulent usage for up to 7 days before reporting.
- In case of theft or loss, call the Customer Contact Centre at 1860 266 2666 immediately to block or deactivate the card and register a claim with the insurance company.
Fees and Charges
| Type of Charge | Amount |
|---|
| Joining Fees | NA |
| Annual Fees | Nil |
| Condition for waiver of annual fees for the first year | N/A |
| Condition for waiver of annual fees for the second year | N/A |
| Add-on card fees | Nil |
| Rate of interest charged on outstanding balances | 3.50% of the total balance due (Annual interest - 42%) |
| Minimum Amount Due (MAD) | 10% |
| ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof | Rs.100 |
| Late Payment Charges | - Below or Equal to Rs.100: Nil
- Above Rs.100: Rs.500
|
| Over Limit charge | Rs.0 |
| Charges for cheque bounce | Rs.500 or 2% on the bounce amount, whichever is higher |
| Foreign Currency Mark Up | 3.5% |
| Railway Booking Surcharge (1.8%/2.5% on transaction amount)* | Waived off |
| Fuel Surcharge (1% on transaction)** | Waived off |
| Cash payment fee at bank | Rs.100 |
| Processing fee for outstation cheque | Waived off |
| Reissue/ Replacement Card charges (for every issuance) | Rs.100 |
| Request for charge slip | Waived off |
| Machine Surcharge at ATMs | Waived off |
| Balance Enquiry Charges at non-parent bank ATM | Waived off |
| Request for duplicate statement | Waived off |
| Web Pay service fee | Waived off in effect from 10the January 2014 |
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Document Required For Kotak 811 #DreamDifferent Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
Kotak 811 #DreamDifferent Credit Card Highlights
What do we like about this card?
- No joining or annual fees
- Earn 4 reward points per Rs. 100 on online spends; 1 reward point per Rs. 100 on other spends
- UPI transactions enabled
- Railway and fuel surcharge waivers
- Interest-free cash withdrawals up to 48 days
- Reward points never expire
- Credit limit up to 90% of your fixed deposit
- Exact credit limit is informed after card application
Things to Know Before you apply
Get this card if:
- You want a secured credit card backed by your fixed deposit.
- You want to earn rewards and milestone benefits on your spending.
- You prefer interest-free cash withdrawals and a flexible credit limit.
- You want fuel and railway surcharge waivers.
- You are looking for a lifetime-free or low-fee credit card.
Pros
- No minimum credit score required – good for beginners or low credit history
- Helps build or improve your credit score
- Can be used overseas and on international websites
- Cashback and PVR movie ticket offers available
- Credit limit can be increased by adding to your FD
Cons
- Reward points not earned on EMI, fuel, or railway surcharge transactions
- Card is linked to FD – withdrawing FD closes the card
- Foreign transactions attract mark-up fees
- Cashback/PVR offer must be claimed within 3 months of anniversary
Kotak Mahindra Bank Credit Card Contact Details
- Contact Address: Kotak Mahindra Bank Ltd. 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051, India
Helpline: 1860 266 2666 (available from all major cities in India)
Simply SMS: Send KCC last 4 digits of your credit card to 5676788 to get card-related info.
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Frequently Asked Questions
You can claim them within 3 months after your card’s anniversary. Cashback will show up in your next billing cycle.
No, the card can only be issued against an individual term deposit.
No, you don’t earn points on EMI transactions, fuel, or railway surcharges.
Yes, it can be used abroad or on international websites. A foreign mark-up fee will apply.
Yes, but if you withdraw or close the FD, your card will be closed too. To keep using the card, you need to maintain the FD.
Your card limit depends on your FD amount. Increase your FD and contact customer care to request a higher limit.
You can pay via net banking, mobile banking, or NEFT/IMPS. Your FD is not automatically used unless you miss a payment, in which case the bank may liquidate the FD to recover dues.
No minimum credit score is required. This card is secured by an FD, making it ideal for beginners or those with low/no credit history.
