All Fees & Charges of Kotak credit card 2022

Kotak 811 Credit Card

Easily convert hefty purchases to affordable EMIs. It’s time to earn and spend in ‘Rewards’ Kotak credit card Fees & Charges

• Rewards Points
  • Earn 2 reward points for every Rs. 100 spent online
  • Earn 1 reward points for every Rs. 100 spent offline
• Welcome Offer
  • Spend Rs. 5000 within the first 45 days of card issuance and receive 500 bonus reward points
• Annual Fee Waiver
  • Annual fee of Rs. 500 waived on spending Rs. 50,000 in the previous anniversary year
• Milestone Spends Benefit
  • Spend Rs. 75,000/- in a year and get 4 free PVR tickets OR cashback of Rs. 750/-
• Fuel Surcharge Waiver
  • The 1% fuel surcharge waiver is applicable on transactions that range between Rs.500 and Rs.3,000. Avail of a maximum fuel surcharge waiver of Rs.3,500 in each calendar year.
  • Fuel transactions are not eligible to earn any Reward points
• Railway Surcharge Waiver
  • Save railway surcharge of 1.8% for transactions on www.irctc.co.in and 2.5% for transactions on Indian Railways Booking Counters.
  • The maximum railway surcharge waiver that is allowed in a calendar year is Rs.500/-
• Add-on Card
  • Your Add-on Card will have all the benefits that you enjoy on your Card
  • Set the spend limit on your Add-on Card as you desire
  • Track spends separately for each of your Add-on Card(s)
  • Click here to apply now for an Add-on Card.
• Card Insurance cover
  • In case your Credit Card is stolen, you get a cover of Rs. 50,000/- against fraudulent usage up to 7 days pre-reporting. You are required to immediately call Customer Contact Centre 1860 266 2666 (local call rates apply) and get your credit card deactivated / blocked to prevent misuse and register a claim with the Insurance Company.
• Safety features
  • Embedded EMV Chip lends an additional level of security
  • 6-digit PIN authentication for higher security of your transactions

Rewards Redemption

• Kotak Rewards:
  • Introducing Kotak Rewards – your new point redemption currency that simplifies managing reward points on your Kotak credit cards.
    Redeem your reward points across a variety of categories like mobile recharge, shopping across 10,000 products, e-vouchers across various brands, movies (BookMyShow Vouchers), travel and many more! T&C Apply. Redeem Now 
• Pay with Reward Points:
  • Pay without cash. Pay without card. Know More

Kotak credit card Fees & Charges

Fee & other Parameters	Kotak Credit Card
Joining Fees	Rs. 500
Annual Fees	Rs. 500
Condition for waiver of Joining Fees	NA
Condition for waiver of Annual Fees	Rs. 50,000
Add-on card Fees	Rs. 200
Interest Charges on outstanding Balances	3.5% (Annualized 42%)
Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)	10%
ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof	Rs. 300
Late Payment Charges (“LPC”)	Rs. 100 for statement o/s less than or equal to Rs. 500.
Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000
Rs. 700 for statement o/s greater than Rs. 10,000
Over Limit Charge	Rs. 500
Cheque Bounce Charges	Rs. 500
Foreign Currency Mark Up	3.5%
Railway Booking Surcharge (1.8%/2.5% on transaction amount)*	Waived
Fuel Surcharge (1% on transaction)**	Waived
Fee for Cash payment at Bank	Rs. 100
Outstation Cheque Processing Fee	Waived
Reissue/ Replacement Card (per issuance)	Rs. 100
Charge Slip Request	Waived
Machine Surcharge at ATMs	Waived
Balance Enquiry Charges at Non Parent Bank ATM	Waived
Duplicate Statement Request	Waived
Web Pay Service Fee	Waived
*Save railway surcharge waiver of 1.8% for transaction on www.irctc.co.in and 2.5% for transactions on Indian Railways Booking Counters.Maximum railway surcharge waiver allowed in a calendar year is Rs. 500/-
**Save fuel surcharge waiver of 1% across Fuel Stations on Kotak 811 Credit Card. Maximum fuel surcharge waiver allowed in a calendar year is Rs. 3,500/-

also read :- How I survived a Credit Card fraud today!