Kotak Mahindra Bank Credit Card: Features, Eligibility and More

The Kotak Mahindra Bank Credit Card is not just another piece of plastic in your wallet, but your gateway to smarter spending, exclusive privileges, and seamless financial convenience. In today’s fast-paced world, where every transaction matters, Kotak Mahindra Bank stands out with its versatile range of credit cards tailored to different lifestyles, goals, and preferences.

Whether you are a frequent traveller, a shopping enthusiast, or someone seeking unmatched savings and rewards, Kotak has a card tailored to you. Explore what the Kotak Mahindra Bank Credit Card offers and discover how it can elevate your everyday financial experience.

List of Active Kotak Mahindra Bank Credit Cards

List of Credit Cards	Highlighted Perks
Indian Oil Kotak Credit Card	2% reward points on dining and grocery spends
Zen Signature Credit Card	10 points for every ₹150 shopping spend
Solitaire Business Credit Card	Lower interest rate of 1.99% every month
Kotak Air+ Credit Card	Low foreign currency markup of 2%
League Platinum Credit Card	Annual fees waiver on retail spends of ₹50,000
PVR INOX Kotak Credit Card	20% instant discount on food and beverage spends
White Credit Card	Any purchase above ₹2,500 can be converted to easy EMIs
IndiGo Kotak XL Credit Card	Get up to 21 IndiGo BluChips on ₹100 spent on IndiGo flight bookings.
IndiGo Kotak Credit Card	Get a welcome benefit voucher of 2,500 IndiGo BluChips
811 Dream Different Credit Card	₹250 voucher as a welcome benefit
Kotak Cashback+ Credit Card	3% cashback on all fuel spends

What are the Benefits of a Kotak Mahindra Bank Credit Card?

Here are a few Kotak Mahindra bank credit card benefits which you need to know about: 

• Credit cards have dedicated reward programs which allow cardholders to get reward points.
• The majority of Kotak Mahindra bank credit card offers welcome rewards to new applicants as bonus points, discounts, vouchers, etc.
• Get lifestyle benefits, including discounts and cashback on entertainment, wellness, shopping, and dining.
• Depending on the amount you spend on fuel every month, you may be eligible for a fuel surcharge waiver.
• Your credit card may also offer complimentary access to airport lounges. The number will vary depending on the issuing bank.
• Kotak Mahindra Bank credit cards are accepted internationally.
• The outstanding balance is transferable to other credit card accounts.

What are the Applicable Terms and Conditions on Kotak Mahindra Bank Credit Card?

1. Interest-Free Date

The interest-free period ranges up to 51 days according to the payment due date. The payment due date can be between 18 and 21 days after the date of the statement. Depending on the due payment date, the credit free period can range between 18-48 days or even 21-51days. 

Keep a note of the fact that the interest-free credit period will not be applicable if the total payment due is not paid in full.

2. Interest Charges (Finance Charges)

The interest charges differ according to the type of Kotak Mahindra bank credit that you get. However, the calculation of interest charges for them is on a daily accrual basis. This gets levied if previous outstanding balances are not paid in full. 

Additionally, interest is levied on all types of cash advances from the transaction date until the payment date.

3. Theft or Loss of Credit Card

The cardholder needs to report the loss of the credit card by making a call to the customer contact centre. The card can be blocked by calling the bank directly or reporting it through the app.

You must file a First Information Report (FIR) at your local police station in case you find evidence of your card being misused. 

What is the Eligibility Criteria of Kotak Mahindra Bank Credit Card?

1. Age - The age range for applying for Kotak Mahindra Bank credit cards is 18 to 65 years. 
2. Credit Score - Your credit score determines your eligibility to get a credit card. The bank will check this before it approves your application. 
3. Citizenship - If you are a credit card issuer from India, you are required to showcase your citizenship as an Indian. 

Note: Kotak Mahindra Bank issues a credit card to applicants with a credit score of 750 or higher.

Which Documents Required for Kotak Mahindra Bank Credit Card?

Here are a few mandatory documents that you need to submit when getting a credit card at Kotak Mahindra Bank:

1. Address Verification - Telephone Bill, Aadhaar Card or Electricity Bill.
2. Proof of Identification - PAN Card, Passport, Voter ID Card and Aadhaar Card.
3. Proof of Income - Salary Slips, Salary Certificate or Employment Letter.

What are the Fees and Charges for the Kotak Mahindra Bank Credit Card?

The table below gives you an insight into the fees and charges of the Kotak Mahindra Bank Credit Card:

Fee Type	Amount
Joining/Annual Fee	Depends on the credit card variant
Finance Charges	Up to 3.75% p.m. or 45% p.a.
Late Payment Fee	For Outstanding Balance of –Less than Rs. 100: NilFrom Rs. 100 to Rs. 500: Rs. 100*From Rs. 501 to Rs. 5,000: Rs. 500From Rs. 5,001 to Rs. 10,000: Rs. 600From Rs. 10,001 to Rs. 25,000: Rs. 800From Rs. 25,001 to Rs. 50,000: Rs. 1,000More than Rs. 50,000: Rs. 1,200

💡Pay your credit card bills in an easy and secure way with the PICE App.

What are the Steps to Apply for Kotak Mahindra Bank Credit Card?

You can apply for a Kotak Mahindra Bank credit card apply by following these steps:

1. Choose the Credit Card You Prefer - First, select based on your interests, such as shopping, travel, movies, and more.
2. Provide Your Basic Information - Now, enter your details such as name, phone number, and the documents required.
3. Complete Your KYC - Complete your KYC process and get your virtual credit card. 

What is the Procedure to Activate Kotak Mahindra Credit Card?

There are three primary ways to activate your Kotak Mahindra Bank credit card:

1. By Using the Mobile App

• Download the official Kotak Mahindra Bank mobile application. 
• Next, you will see an "activate a card" option.
• Enter your date of birth, credit card number, and expiration date.
• Click on "send OTP". Then enter the OTP you receive and submit it.
• Create a username and password.
• Finally, click on "ok" to successfully activate your credit card.

2. Through Net Banking

• Visit the bank's website.
• Next, do a Kotak Mahindra bank credit card login.
• Click on the button labelled "card activation".
• Next, you need to enter the credit card number, date of birth and expiration date.
• After entering all your details, click on "submit".
• Now, you will be asked to enter your ATM PIN as well. Enter that.
• Finally, you will receive an OTP on your registered mobile number. Enter it and submit.

3. By Visiting the Customer Service Department

Another way you can do a credit card activation is by physically visiting the bank branch. They have a dedicated customer support service department, which will be able to help you out with card activation.                                             

How to Maximise the Credit Limit of Kotak Mahindra Bank Credit Cards?

A credit card limit is the amount you can spend without incurring a penalty during each credit cycle. However, there are a few ways to maximise it:

1. Regularise Usage of Credit Card

You need to build a habit of using your credit card for this type of expenditure daily. It will help build a pattern and showcase your credit card issuer through consistent use. This is one such activity which helps to maximise credit score. 

2. Make Timely Payments 

If you make timely payments of your due credit card bills, it will bode well for your issuing bank. This is another guaranteed way to increase your credit limit. 

3. Get an Upgrade

There are many credit card companies that offer applicants the chance to get credit card upgrades that come with an increased credit card limit. You need to check with your bank whether you are eligible for this. 

What are the Ways to Determine the Best Kotak Mahindra Bank Credit Card?

1. Compare the Fees and Charges

Getting to know the associated fees and charges of the different available Kotak Mahindra bank credit cards can help make an informed decision. There are three primary types of fees and charges associated with credit cards: annual fees, joining fees, interest rates, and foreign transaction fees.

2. Compare the Cashbacks and Rewards

The benefits that a credit card provides should be analysed. For instance, if you are a frequent traveller, make sure to determine the milestone rewards, travel perks and number of complimentary lounge access services. 

Conclusion

Kotak Mahindra Bank credit card have a strong reputation for offering a combination of luxury, value, and convenience. Make sure to thoroughly read the applicable terms and conditions before getting a credit card.

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