Kotak 811 Credit Card

Secure application on Kotak Mahindra Bank's website

Kotak 811 Credit Card
Annual Fee
₹500
Min Income
₹0
Regular APR
42%
Rating
4.2/5

Kotak 811 Credit Card

Shopping, Rewards, Business • Card

Welcome Benefit

Rewards points on initial transactions.

Why We Chose It

The Kotak 811 Credit Card is perfect for those looking for a low-fee card with a variety of rewards options. With benefits like cashback, free movie tickets, and multiple redemption choices, it's ideal for customers who want to make the most of their spending.

Pros

  • Low joining and annual fees (₹500 each).
  • Milestone benefit options of cashback or free PVR tickets after spending ₹75,000 annually.
  • Fuel surcharge waiver (1%) with a maximum waiver of ₹3,500 annually.
  • Railway surcharge waiver for both IRCTC and Indian Railways bookings.
  • Contactless payments with Visa payWave for up to ₹5,000 without a PIN.
  • EMV chip and 6-digit PIN authentication for enhanced security.
  • Multiple redemption options like mobile recharges, shopping, travel, and movies.

Cons

  • Cash advance fee of ₹500 or 2.5%, whichever is higher.
  • Foreign currency markup of 3.5%.
  • Cash payment fee of ₹100.
  • Rental payment charges of 1% (MCC 6513).
  • Annual fee waived only on ₹50,000 spend in the anniversary year.