Kotak Mahindra Bank Credit Card

One of the well-known banks in India, Kotak Mahindra Bank, provides its clients with a large selection of credit solutions. Kotak Mahindra Bank is an established brand in the credit market, offering reasonable interest rates on both loans and credit cards.

From basic to premium categories, Kotak Mahindra Bank offers a variety of credit card options. These Kotak Credit Cards meet a range of personal needs, including rewards, cashback, savings, movie and travel bonuses, and more. The Kotak Indigo Ka-Ching 6E Rewards Credit Card, Kotak PVR Platinum Credit Card, and Kotak White Credit Card are a some of the well-known cards. Moreover, you can use our site to apply for and compare a few different Kotak Mahindra Bank credit cards. Continue reading to learn more about Kotak Mahindra Bank's credit cards.

Best Kotak Credit Cards for April 2024

Kotak Mahindra Bank provides a variety of credit cards with various advantages. If you have the appropriate Kotak Mahindra Bank Credit Card, you can save money as you shop. Here are some of the most well-liked credit cards from Kotak Mahindra Bank, along with ratings and additional features, to assist you in selecting the best credit card:

Apply Online for Kotak Credit Cards

Using our website, you may apply online for Kotak Mahindra Bank credit cards by doing the following steps:

  • Visit MybankingTips Kotak Credit Card Section.
  • Select Your Ideal Credit Card.
  • Click on the ‘ Apply Now’ tab.
  • Fill in the required details to find out if you are eligible to apply for the card.
  • Once you have entered all the necessary information, click on ‘Submit’.
  • After you have successfully provided all the required information, you will receive a message with your application ID.

How to Apply for the Credit Card at Kotak Mahindra Bank Website

The steps you need to start your application are as follows:

Step 1: Go to Kotak Mahindra's official website. Step 2: From the 'Browse Products' page, select 'Cards' and then 'Credit Cards'. Step 3: A website listing all of Kotak's credit cards will be displayed to you. Step 4: You can choose to "Apply Now" after locating a card to apply for. Step 5: You need to fill out the application by entering the necessary data.

Eligibility Criteria to Apply for Kotak Credit Cards

The following basic criteria must be fulfilled in addition to having a strong credit score (above 750) in order to be eligible for Kotak Mahindra Bank credit cards:

  • Income: The bank will assess your eligibility based on your yearly income.
  • Occupation: Applying for Kotak Credit Cards is open to both self-employed and salaried people.
  • Age: The applicant must be at least 21 years old and no older than 65.
  • Credit History: In the case of unsecured credit cards, the applicant should have a respectable credit history.
  • Nationality: Applicants should be a citizen of India.

Required Documents to Apply for Kotak Credit Card

Along with a properly completed application form, applicants must provide proof of identity, proof of address, and proof of income. The list below contains the documents that have been accepted for each category.

Proof of Identity Voter’s ID, Driver’s License, Aadhaar card, PAN Card, Passport, Overseas Citizen of India Card, Job card issued by NREGA, Person of Indian Origin Card, Letters issued by the UIDAI or any other government approved photo ID proof
Proof of Address Passport, Aadhaar card, Driver’s License, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement or any other government approved address proof
Proof of Income

(For salaried)

  • Recent salary slip/s
  • Last 3 months’ bank statement
  • Salary certificate
  • Employment letter

(For self-employed)

  • Certified financials
  • Last 3 months’ bank statement
  • Recent ITR (Income Tax Returns)
  • Audited profit and loss statement or balance sheet

Kotak Credit Card: Fees & Charges

Here are some standard fees and charges that apply to almost all Kotak Credit Cards:

Fee Type Amount
Joining Fee Depends on the credit card variant
Annual Fee Depends on the credit card variant
Finance Charges Up to 3.50% p.m. (42% p.a.)
Over limit fee 2.5%
Card replacement fee Rs.100 to Rs.250
Late Payment Fee Amount Fee
Up to Rs. 100 Nil
Between Rs. 100 to Rs. 500 Rs. 100
Between Rs. 501 to Rs. 5,000 Rs. 500
Between Rs. 5,001 to Rs. 10,000 Rs. 600
Between Rs. 10,001 to Rs. 25,000 Rs. 800
Between Rs. 25,001 to Rs. 50,000 Rs. 1,000
Greater than Rs. 50,000 Rs. 1,200

Consider a card's annual fee, joining fee, and best use while reviewing it.

Card Variant Joining Fee Annual Fee Best For
IndianOil Kotak Co-branded Fuel Credit Card ₹ 499 ₹ 499 Fuel Transactions
Kotak Bank PVR Platinum Credit Card ₹ NIL ₹ 999 Movies & Rewards
Kotak IndiGo Ka-ching 6E Rewards XL Credit Card ₹ 2,500 ₹ 2,500 Travel
Kotak League Platinum Credit Card ₹ 499 ₹ 499 Shopping & Rewards
Kotak Mojo Platinum Credit Card ₹ 1,000 ₹ 1,000 Online Shopping & Rewards
Kotak Zen Signature Credit Card ₹ 1,500 ₹ 1,500 Shopping & Rewards
Kotak Veer Platinum Credit Card Rs. 299 Rs. 299 Rewards & Movie
Kotak White Credit Card Rs. 3,000 Rs. 3,000 Travel
Kotak 811 #DreamDifferent Credit Card Nil Nil Cashback
Myntra Kotak Credit Card Rs. 500 Rs. 500 Online Shopping
Kotak Bank Corporate Gold Credit Card Nil Rs. 1,000 Fuel
Kotak Urbane Gold Credit Card Nil Rs. 199 Rewards
Suggested Read : Check 25 Best Credit Cards in India in April 2024 and find the right card as per your spending habits.

Features and Benefits of ICICI Bank Credit Cards

ICICI Bank Credit Cards offer the following main features and benefits:

Welcome Benefits

You receive a ton of welcome incentives when you sign up for a Kotak Mahindra card membership. These benefits come in many forms, including free premium memberships, gift cards, extra reward points, quicker cashback, and much more. After paying the membership fee or reaching the predetermined milestone within the first few months, you often receive these benefits.

Travel Benefits

A number of Kotak Bank Credit Cards offer special travel benefits, such as free lounge access, money off coupons for travel-related purchases, airline and hotel memberships, and much more. The most exclusive travel features are typically found on premium credit cards.

Movie & Dining Benefits

Additionally, Kotak Bank offers customers multiple benefits over entertainment while keeping in mind their basic needs. Free movie passes, excellent savings on food and entertainment, and many other benefits are all yours to enjoy.

Rewards/Cashback

One of the best things about Kotak Bank credit cards is the Reward Points/Cashback benefits. These are given to you each time you use your credit card for a purchase, and you can earn these benefits monthly. With various credit cards, the reward rate could change.

Milestone Benefits

Milestone benefits are those that you receive after meeting a minimum spending requirement within an established period of time, usually one anniversary year. Like the welcome advantages, additional rewards, expedited cashback, and many more incentives can also be included in the milestone benefits.

EMI conversion

Purchases above Rs. 2,500 can be divided up into monthly installments, whether you're purchasing a new smartphone or airline tickets.

EMI conversion for outstanding balances

Balance EMI conversion is an option if you're having trouble paying off your entire debt at once. Selecting this plan also entitles you to excellent interest rates.

Online bill payments

With Kotak's bill paying service, you'll never forget a deadline. All you need to do is use Visa and your Kotak credit card. Additionally, this service is free.

Online balance transfer

Easy debt management is possible when you move the amount due on other credit cards to your Kotak card. A ninety-day interest-free term is also included in the package.

Cash withdrawals

You can access cash anywhere and at any time with this option. Cash is available through online financial transfers, demand draft requests, banks, and automated teller machines (ATMs).

Other Benefits

The Kotak Mahindra Cards offer interesting rewards across a number of categories in addition to a number of other benefits, such as free golf games and lessons, insurance benefits, a waiver of fuel surcharges, spend-based joining and annual fee waivers, and many more.

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Features of the Major Kotak Mahindra Bank Credit Cards

PVR Kotak Platinum Credit Card

This card was introduced by Kotak Mahindra Bank in association with PVR with consideration for the demands of moviegoers. You can only receive two complimentary PVR movie tickets each month if your monthly billing cycle totals at least Rs. 10,000. Your card is covered for loss and theft with a Rs. 75,000 insurance policy. This card can be renewed for Rs. 999.

811 #DreamDifferent Credit Card

This card was introduced by Kotak Mahindra Bank to give its cardholders an amazing reward experience. This card is offered on a fixed deposit basis with no yearly cost and no registration fee (minimum of Rs. 10,000). You receive 500 bonus reward points as a welcome bonus. For every Rs. 100 spent on this card, you receive 1 reward point; online purchases earn you 2 reward points. You receive four free PVR movie tickets and a cashback of Rs. 750 when you spend Rs. 75,000 in a year.

Zen Signature Credit Card

Another high-end credit card that Kotak Mahindra Bank provides is the Zen Signature Credit Card. You can enjoy exclusive travel, retail, and milestone bonuses on purchases made with this card. Receive a welcome bonus of 1500 Zen points after paying the card membership cost. With KayMall, you can get up to 15 Zen points for every Rs. 150 spent, and 5 Zen points for each additional Rs. 150 spent with this card. You can visit eight free domestic lounges and three free overseas lounges per year with this card.

PVR Kotak Gold Credit Card

It's a good card that offers advantages on movies and has no signup cost. When you spend Rs. 10,000 in a month, you get one free PVR movie ticket, and when you spend Rs. 15,000 in a month, you get two free PVR movie tickets. Additionally, you can get 15% cash back with this card at PVR on food and drink purchases. This card also has protection up to Rs. 50,000 against card loss or theft. This card has an annual cost of Rs. 499. With a few minor adjustments, this card is the sibling of the PVR Kotak Platinum Credit Card.

Myntra Kotak Credit Card

Myntra is a well-known fashion e-commerce platform in India that features apparel from both Indian and well-known international brands. Kotak Mahindra Bank and Myntra recently announced the launch of their co-branded credit card. With this credit card, you can get unique rewards on both purchases made on Myntra and other partner brands. The card also comes with a welcome bonus of a Rs. 500 Myntra gift and a free membership to Myntra Insider. Additionally, you can take advantage of a number of advantages like free lounge access, milestone rewards, and a remission of the yearly charge.

White Reserve Credit Card

High-net-worth individuals are the target market for the super-premium White Reserve Credit Card, which has a high annual charge of Rs. 12,500. This card's reward structure differs significantly from the majority of other cards available in the Indian market. The credit card offers rewards not for every purchase you make, but rather for reaching certain spending thresholds. Other than this, there are a number of fascinating benefits that the card offers over several categories, such as entertainment and travel.

6E Reward – Indigo Kotak Bank Credit Card

The card provides cardholders with a number of exclusive benefits in exchange for an annual charge of Rs. 700. Despite being a simple card, it has a respectable reward rate, and with careful use, it can result in significant savings. You can take advantage of numerous additional benefits with this card, such as waivers of fuel surcharges and savings at upscale hotels.

6E Rewards XL – Indigo Kotak Bank Credit Card

It is one of Kotak Mahindra Bank's two co-branded credit cards under the Indigo brand. The card was designed for Indigo Airlines loyalists who travel frequently. For individuals who are astute enough to maximize the benefits of this card, the Rs. 2,500 annual cost is well worth it. You earn 6E Rewards with the card, which you can use to plan trips, purchase gift cards, and other experiences. In addition, using this card to visit airport lounges is free of charge.

League Platinum Credit Card

The League Platinum Credit Card is available to you through Kotak Mahindra Bank's Lifestyle Credit Cards. With this card, you can earn 4x reward points in ordinary categories and 8x reward points on special categories up to an annual spend of Rs. 2 lakh. You can either get 10,000 reward points or four complimentary PVR tickets when you spend Rs. 1,25,000 a year. This card also provides protection liability up to Rs. 1,25,000 in the unfortunate event that the card is lost or fraudulently obtained.

Royale Signature Credit Card

With no enrollment fees, this Kotak Mahindra Bank card provides you with travel benefits, interesting rewards, and other perks. This card is even more attractive for its members because, in addition to earning reward points on every purchase, you also get free admission to domestic lounges. Up to 30,000 additional RP can be earned annually upon reaching the milestone expenditure limit.

Privy League Signature Credit Card

The Bank offers two different variations of its premium credit card, the Privy League Signature Credit Card. The Shopper's Plan and the Traveler's Plan are the two plans available on one card, allowing you total flexibility to select the plan that best suits your needs. It provides unique and fascinating offers and bargains because it is a premium card.

Mojo Platinum Credit Card

Get 2,500 Mojo points every quarter when you spend Rs. 75,000 in total. For each Rs. 100 spent on online purchases, you can earn an infinite amount of 2.5 Mojo points. For every Rs. 100 spent on other kinds of transactions, you can earn one Mojo point.

IndianOil Kotak Credit Card

Save up to 1% on purchases at Metro stores and online. Get up to Rs. 10,000 in monthly cashback on Metro purchases. Take advantage of not having to pay annual or joining fees. Enjoy a maximum 37-day credit period.

Veer Select Credit Card

For every Rs. 200 spent on dining, groceries, movies, and department stores, you will receive three reward points. After the card is issued, spend Rs. 500 within the first 30 days to get an IHO membership worth Rs. 8,500. Get a remission of the annual fee on expenditures up to Rs. 1,00,000.

Veer Platinum Credit Card

Spend Rs. 200 on dining, groceries, movies, department stores, and other purchases to earn 3X reward points. Within the first 30 days of the card's issuance, spend Rs. 500 to get 500 Rewards Points. Take advantage of a fee waiver on annual spending up to Rs. 50,000.

Loans on Kotak Credit Cards

When you need money right away, you can use your Kotak card to apply for a personal loan. You can receive a maximum loan amount of Rs. 5 lakh at attractive interest rates. Tenure options range from six to forty-eight months. You can use your Kotak account or any other savings account to receive the money right away.

Kotak Mahindra Bank Credit Card Bill Payment

The following options are available to you for paying the credit card bills from Kotak Mahindra Bank.

Cash payment: You can pay cash for your credit card bills at any of the Kotak Mahindra Bank locations that are closest to you. When you pay your credit card bill, the bank will charge you a processing fee for each payment.

Cheque payment: You can use cheques in the same manner as cash to pay your credit card bills if that is your preferred method of payment. Additionally, you can deposit checks with your credit card number and other necessary information in the drop boxes found at bank ATMs. Three business days will pass before the payment is cleared.

NEFT: Using the NEFT feature, you can pay your credit card bill from any other bank account. To make a payment through NEFT, you typically need to include your credit card number as the payee account number. The instructions may fluctuate somewhat depending on the bank. Weekday payments made during business hours are credited the same day, while payments made outside of business hours are credited the following business day.

Bill Desk: You can pay your credit card bills online by utilizing the Kotak Mahindra Bank Bill Desk portal. Enter the necessary information, making sure to include the credit card number and the amount of the payment. After that, the clients are sent to the online banking platform of Kotak Mahindra Bank in order to finish paying their credit card bills. After a transaction is successful, the customers will receive a Transaction Reference Number and an online transaction confirmation.

How to Activate Kotak Mahindra Bank Credit Cards?

You have to activate your Kotak Bank credit card after you receive it in order to use it for purchases. You can use the following methods to activate your new Kotak credit card:

  • Use a Kotak Bank ATM to activate your credit card. Simply go to the ATM, enter your card, and look for the option to generate a new card's PIN and activate it. When activating your card, make sure you have the registered cellphone number on hand.
  • Using online banking is an additional method of activating your Kotak Bank credit card. Go into your online banking account and search for a credit card activation or PIN creation option.
  • Additionally, you can contact Kotak Bank Credit Card customer service by calling their hotline at 1860 266 2666, and you can ask staff members to help you activate your credit card.
  • You can also go to your nearest Kotak Bank branch and ask the bank employees to help you if you are having trouble activating your card using any of the methods listed above.

Factors Affecting Kotak Mahindra Bank Credit Card

While applying for a credit card from Kotak Mahindra Bank, the applicant needs to be sure of the following.

Nationality Criteria of the Applicant: The candidate needs to be an Indian citizen.

Income of the Applicant: When applying for a credit card, your salary is a crucial factor to consider. This indicates to the bank that you have the financial capacity to settle your credit card debt.

Age of the Applicant: Using a credit card requires quite a bit of responsibility. It takes a certain number of years for someone to get a reliable source of income. Because they want a proper payment each month, the banks are therefore certain about the age requirements before granting a credit card.

Credit History of the Applicant: Credit history is clear evidence of how well a person handles their credit-related actions. The lender would much rather provide a credit card to someone with a clean credit history.

Kotak Bank Credit Cards Login/Net Banking

The methods listed below can help you register your Kotak Mahindra Bank Credit Card for online banking.

Step 1: Go to the online banking website of Kotak Bank. Step 2: In the "Need Help?" section, select "Register Kotak Netbanking." Step 3: The CRN number that you were given along with your credit card will need to be entered on a new page that appears. Once you've entered this, select "Continue." Step 4: Enter all necessary information, including your name, credit card number, and registered cellphone number, and continue as appropriate. Step 5: After that, your card will be successfully added to your online banking account.

How to Redeem Kotak Bank Credit Card Reward Points

You can get reward points or cash back on almost all of your purchases with Kotak Bank credit cards; however, you must select your credit card carefully if you want to improve your rewards.You can get reward points or cash back on almost all of your purchases with Kotak Bank credit cards; however, you must select your credit card carefully if you want to improve your rewards. First, make an effort to identify the categories in which you spend the most and apply for a credit card that gives the highest possible rewards in those areas. Additionally, you want to confirm that you can utilize your reward points to offset any expenses by looking into the redemption alternatives.

On the Kotak Reward Redemption portal, Kotak Reward Points can be redeemed for a variety of purposes, including shopping vouchers, telephone recharges, product purchases, movie and vacation ticket bookings, and much more. Kotak's PayByPoints program is an additional option for redeeming earned reward points. This program allows you to use your points to shop at specific partner merchants and brands, such as Puma and Archies. Redeemable points and redemption procedures may vary throughout Kotak credit cards. The following details will help you comprehend how some of the best Kotak credit cards can be redeemed for rewards:

  • PVR Kotak Platinum Credit Card and PVR Kotak Gold Credit Card: Free PVR movie tickets can be redeemed by sending an SMS or logging into kotak.com.
  • The following credit cards from Kotak, which give regular reward points: Privy League Signature Credit Card, Zen Signature Credit Card, Royale Signature Credit Card, League Platinum Credit Card, 811 #DreamDifferent Credit Card: One reward point is worth Re. 0.25 and can be redeemed through online banking.

When is the Kotak Credit Card Interest Rate Charged?

In addition to not making the complete payment by the deadline, there are a lot of other charges or activities on your card that incur interest.

Here are some examples of when Kotak Mahindra credit card interest rates will be applied:

  • When you decide to put off paying some or all of the total amount due until the next billing cycle and just pay the minimum amount required.
  • If you fail to pay the minimum amount paid by the due date, you will be incurred late fees and other penalties.
  • There will be additional costs associated with using your credit card abroad.
  • Cash advances are expensive when you take out the cash amount using your credit card; however, you will pay a high cash advance fee if you use this feature while traveling.

Interest-Free Tenure

Kotak Mahindra Bank provides an interest-free term on its credit cards. However, cash advance transactions are not subject to the interest-free period. Additionally, the interest-free period is lost if the customer doesn't pay the credit card bill by the deadline. Thus, no further transactions are eligible for an interest-free period.

Kotak Credit Card Application Status

By entering information about your application reference number, application form number, mobile number, or date of birth, you can check the status of your credit card application online. You can also check the progress of your credit card application by calling customer service or visiting the HDFC Bank office that is closest to you.

Kotak Credit Card Balance Transfer

It would be much easier to manage your debt if you transferred your outstanding invoices to your Kotak card. At first, you may move up to 75% of your credit limit, but you must transfer at least Rs. 2,500. You will also have access to a ninety-day interest-free term. If the card is less than six months old, you cannot use a balance transfer with it. There will be a processing fee of Rs. 349 for each Rs. 10,000 that you send. GST is also relevant to this transaction.

Kotak Mahindra Bank Credit Card Customer Care

The following numbers can be used to reach Kotak Mahindra Bank credit card customer service representatives 24X7.

  • Calls to the toll-free number 1860-266-2666 can be made from landlines and mobile phones in India. Callers outside of India can reach the helpline at +91-22-6600-6022.
  • Additionally, you can submit your questions to Kotak Mahindra Bank using their website's "Contact Us" page. For additional help, you might need to give your name and contact information.

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FAQs

You can apply to close your Kotak credit card in person at the closest branch, via email, or by getting in touch with customer service. Make sure all of your payments are settled, all reward points are used, and auto payments are stopped before terminating your credit card.

Using mobile or net banking, you can create a PIN for your Kotak credit card. To generate the PIN, simply log into your account and go to the "Credit Card" area. You can get your credit card PIN generated offline by contacting the bank's customer service department and making the necessary request.

By default, the limit on your Kotak Mahindra credit card gets raised. When determining whether or not to grant an increase, the bank considers a number of variables, including your credit usage ratio and past due amounts. Additionally, you can request an increase in your credit limit by contacting Kotak Mahindra Bank's customer service.

The applicant must be between the ages of 21 and 65 in order to be eligible for any Kotak Mahindra Bank credit card. Additionally, the cardholder must be an Indian citizen with a steady source of income, or in the case of an NRI credit card, a Non-Resident Indian. Depending on the credit card type, there are different minimum income requirements and geographic requirements for the cardholder.

You can call the bank's customer service at 1860-266-2666 or Kotak 811 at 1860-266-0811 if you misplace your Kotak Mahindra Bank credit card. Reporting the loss of your credit card as soon as you become aware of it is crucial. In order to protect you against fraud, the bank agent will request certain information and then block your credit card.

By signing into the bank's web portal, you can use net banking to make payments with your Kotak credit card. All you have to do is navigate to the "Credit Cards" section after logging in with your customer ID and password. The next step is to choose "Payments" from the menu, enter the amount (total due, minimum due, or custom), and then click "Make Payment" to start the payment process.

You will need the application reference number or application form number that the bank gives you when you apply in order to find out the status of your Kotak Credit Card application. You must enter that number to track the status of your application on the bank's official website.

Yes, Kotak 811 allows you to apply for a credit card.

Credit cards such as the Solaris Platinum, Silk Inspire, Urbane Gold, League Platinum, Essentia Platinum, and Silk Inspire will be highly beneficial to those who enjoy shopping.

Your choice of credit card will decide the yearly cost, which begins at Rs. 500. Some kotak credit cards come with no membership fees.

Your credit limit may be very low for a number of reasons, Maybe when you applied for a new credit card, your credit score wasn't so great, It's possible that you're not very old and haven't yet established a lengthy credit history.

To request an increase in the credit limit, customers can get in touch with Kotak Bank's Customer Care Center.

Your credibility is displayed by your credit score. Given that a credit card is a form of credit, banks want to see your credit score in order to assess your reliability and ability to make payments.

Since you are no longer using your card, there are some steps you must do in order to close it. If you wish to cancel your Kotak card, you need provide a written notice to the bank. Your credit card won't be cancelled until all outstanding debts are paid in full. Request a formal confirmation from the bank that your credit card has been terminated once the entire amount has been paid in full. You should also indicate that you have paid for all of your responsibilities.

The requirements for being eligible may vary depending on the kind of credit card you are applying for. Generally speaking, though, you must be an Indian citizen, be between the ages of 21 and 65, and have a reliable source of income—you can work for yourself or be employed by a company).

It is possible to exchange your Kotak Mahindra Bank credit card reward points for cash. Log into your net banking account, choose the credit card option, and then choose the redemption option to accomplish this. Here, it will be money.

For each billing cycle in which you use more credit than you have available, you will be billed Rs. 500.

For each of your add-on cards, you can keep a separate tab on the costs.

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Here are some of the links that will help you manage your Kotak Credit Card, you can click on them as per your requirements: