Kotak 811 Credit Card

Rewards

• Rewards rate

  1 Reward Point per Rs. 100 on offline spends and 2 Reward Points per Rs. 100 on online spends.

• Welcome benefits

  500 Bonus Reward Points on expenditure of Rs. 5,000 within 45 days of card issuance.

• Reward redemption

  Reward Points redeemable for mobile recharges, shopping vouchers, gift cards, movie and travel vouchers at Kotak Rewards portal.

Benefits

• Movie & dining

  Option to get 4 PVR tickets on spending Rs. 75,000 in a year.

• Insurance

  Lost card cover worth Rs. 50,000 applicable 7 days prior to reporting the loss of card

Fees & charges

• Spend-based waiver

  Annual fee waived off on spending a minimum of Rs. 50,000 in the preceding year.

• Rewards redemption fee

  Nil

• Foreign currency markup

  3.5% of the transaction amount

• Interest rates

  3.75% Per Month (45% Annually)

• Fuel surcharge waiver

  1% fuel surcharge waived off on transactions between Rs. 500 and Rs. 3,000 (max waiver capped at Rs. 3,500 per annum).

• Cash advance charges

  2.5% of the Cash Withdrawn (Minimum Charge of ₹500)

Product highlights

• 500 Bonus Reward Points as a welcome benefit on spending Rs. 5,000 with 45 days of card issuance.
• 2 Reward Points for every Rs. 100 spent online and 1 Reward Point for every Rs. 100 spent offline.
• 4 PVR tickets of a cashback of Rs. 750 on spending a minimum of Rs. 75,000 in a year.
• 1.8% surcharge waived off on online transactions at IRCTC and 2.5% surcharge waived off on rail ticket bookings at counters.
• 1% fuel surcharge waived off on transactions between Rs. 500 and Rs. 3,000 (max waiver capped at Rs. 3,500/year).
• Lost card insurance cover worth Rs. 50,000 against fraudulent usage of the card applicable 7 days pre-reporting the loss of card to the bank.
• Annual fee of Rs. 500 waived off on spending a minimum of Rs. 50,000 in the preceding anniversary year.

FAQs