Everyone wants to find a credit card that does not charge any fees. The best example of this is a Kotak Bank Credit Card.
There are many different types of Kotak Bank Credit Card offerings, and in this article, we will discuss the Kotak 811 Credit Card and its amazing features and benefits.
Check the article for more information and learn how to apply for this amazing credit card.
Kotak 811 Credit Card Benefits and Features
This Kotak Bank Credit Card offers a myriad of benefits and features to its cardholder.
It is the perfect entry-level card for those who want to venture into owning a credit card and earn reward points with the best value.
Check out the features and benefits of the Kotak 811 Credit Card below.
Earn Rewards Points
The Kotak 811 Credit Card allows you to earn reward points every time you use the card to spend online.
When you spend Rs.100 online, you get 2 reward points, whereas you only get 1 for every Rs.100 you spend offline.
This is an amazing way to encourage you to shop online instead of using the card elsewhere without restricting you to shopping exclusively online.
Redeem Your Rewards
Once you have enough reward points from your transactions, you can instantly redeem your points at partner stores and use the points to pay for your transaction.
If the reward points are insufficient to pay for the entire transaction, they will immediately be deducted from your cash or credit card.
This is the most convenient way to redeem your reward points without calculating everything. However, only the primary cardholder can redeem the points.
Welcome Bonus
Cardholders can enjoy a welcome bonus of 500 reward points after spending Rs.5,000 within the next 45 days of activating the card.
This is one of the most valuable rewards you can get upon getting approval, as the reward points can be used to cover the charges incurred on your card.
Contactless Payments with Visa PayWave
With the Kotak 811 Credit Card, you can now easily pay using the card for your offline transactions.
Wave the credit card on the reader, and the transaction will be confirmed without entering your PIN.
It is a fast, safe, and secure way to do transactions, reducing the risk of stealing or using your credit card information for other fraudulent activities.
Other Features You Can Enjoy with the Kotak Bank Credit Card
There are still so many features that you can enjoy with the Kotak 811 Credit Card.
There is a fuel surcharge of 1% when transactions reach between Rs.500 and a maximum of Rs.3,500.
You can also get Rs. 750 cashback when you spend up to Rs.75,000, or you can choose to get four free PVR tickets.
Also Read: How to apply for a BankAmericard Credit Card
Interest Rates and Other Charges
Kotak 811 Credit Cardholders will have to pay a joining fee of Rs.500 and an annual fee of the same amount every year.
Your annual fee can be waived if you spend up to Rs.50,000 annually. A foreign transaction fee of 3.5% of the total transaction value applies.
The cash advance fee is Rs.300 per Rs.10,000. There will also be an interest fee of 3.5% for purchases every month or 42% per year.
Eligibility and Requirements to Apply for the Kotak 811 Credit Card
First, you must be eligible for the Kotak 811 Credit Card before applying.
Applicants must be 18 to 65 years old to apply for the card, and any add-on cardholder must also be 18 years or older.
You must be a resident of India and pay Rs.200 for the application processing. You will also receive card insurance coverage of up to Rs.50,000 against fraud.
In addition to the eligibility requirements, you must submit your latest payslip, Form 16, passport, Ration Card, electricity bill, and many others.
Contact Details
If you have inquiries about the application process or want to receive updates regarding your application, you can contact their customer service at 00 91 22 6600 6022.
You can also visit their main office address at Kotak Infiniti, 4th Floor, Building No. 21, Infinity Park, Off Western Express Highway, General A.K. Vaidya Marg, Malad (East), Mumbai 400 097.
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How to Apply for the Kotak Bank Credit Card
Applying for this Kotak Bank Credit Card should be very easy. You can apply at any nearby Kotak Bank branch.
If you don't know the location of any Kotak Bank branch, you can visit their official website and use the Locate Us feature to find one.
Speaking of the website, you can also apply through their website. Here is how you can apply for a Kotak 811 Credit Card online.
Step 1
Check the official website and look for Kotak 811 under the Credit Card menu.
It should lead you to the homepage of the specific credit card you want to apply for.
Step 2
Before you continue, review all the information on the card, including the features, benefits, eligibility, and terms and conditions.
Once done, click on Apply Now.
Step 3
Fill out the online application form with your details and ensure everything is correctly spelled.
You will also need to upload the required documents for the card. Check everything before you submit.
Step 4
You will need to wait a couple of business days for their approval. If it has been days and you have not received any information, you can call the customer service number for updates.
Once approved, you should receive your new credit card by mail at the address you used during your application. Don't forget to activate your card before using it.
Conclusion
You will receive many amazing benefits once you apply for this Kotak Bank Credit Card. Remember to take advantage of all the perks you gain with this card.
Note: There are risks when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.
