So you’re in the market for a new credit card and wondering what Kotak Bank has to offer. Kotak Bank is one of India’s leading private sector banks and has a range of credit cards with attractive benefits and rewards. Whether you’re looking for cashback, travel perks, or lifestyle privileges, Kotak likely has a card for you. Their most popular cards offer accelerated reward points on dining, travel, and entertainment along with complimentary airport lounge access. Some cards even provide special discounts and VIP experiences with partners like BookMyShow, Zomato, and Ola. With Kotak credit cards, you get the flexibility and convenience you want along with rewards and benefits tailored to your needs. Read on to explore the different cards and find the one that suits your spending style.
Welcome Bonus and Rewards on Kotak Credit Cards
When you sign up for a Kotak credit card, you’ll get a sweet welcome bonus and rewards that keep on giving.
- New cardholders can earn up to 30,000 bonus reward points worth Rs.6,000 in gift vouchers. The more you spend in the first 3 months, the more you earn. Cha-ching!
- You’ll get reward points for every rupee you spend, which you can redeem for gift cards, travel, entertainment and more. Most Kotak cards offer 2-5 points per Rs.100 spent. The higher the card tier, the faster the points add up.
- Take advantage of monthly and quarterly bonus point offers to boost your rewards balance even more. Kotak frequently runs promotions where you can earn double or triple points at select merchants or on certain spending categories.
- Redeem your points for just about anything, like movie tickets, shopping vouchers, appliances, or pay for your travel. Or save up for bigger redemptions like free flights, hotel stays or cruise vacations. The choice is yours!
Between the generous welcome bonus, ongoing point earning opportunities and flexible redemptions, Kotak credit cards make it easy to get rewarded for your everyday spending. Why not apply for a Kotak card and start earning today? Your rewards paradise awaits!
Cashback Offers With Kotak Credit Cards
With Kotak credit cards, you can earn cashback on all your spending. Whether you’re booking flights, shopping online, or dining out, your cashback adds up quickly.
- Earn 5% cashback on dining, movies and groceries. Treat yourself to a nice meal, catch the latest blockbuster, or stock up on essentials. You’ll get 5% cashback for all spending in these categories.
- 2% cashback on fuel. Fill up at any fuel station in India and earn 2% cashback on your bill. If you drive often for work or leisure, this can really add up over time.
- 1% cashback on all other spends. For any spending outside the bonus categories, you still earn 1% unlimited cashback. So you can earn rewards on every single purchase you make.
- Redeem for statement credit or gift cards. Once you’ve earned at least Rs. 250 in cashback, you can redeem for a statement credit to offset charges on your bill or for gift cards to your favorite stores and brands.
With generous bonus categories and unlimited 1% cashback on everything else, Kotak’s cashback credit cards make it easy to earn money back on the things you buy every day. Between the dining, grocery, and fuel bonuses, you could earn hundreds or even thousands of rupees in cashback each year. And since there’s no limit, the more you spend, the more you earn.
If earning cashback on all your spending sounds appealing, consider applying for a Kotak cashback credit card. The rewards you earn can really add up over time and help offset some of your regular bills and expenses.
Kotak Credit Card Bill Payment Offers
Kotak Bank offers some attractive bill payment offers and cashback on their credit cards. Here are some of the major bill payment offers currently available:
Electricity Bill Payment Offer
Pay your electricity bills on Kotak credit cards and get 5% cashback, up to Rs. 200 per bill. This offer is valid for bill payments made on BSES Rajdhani, BSES Yamuna, Tata Power Delhi Distribution Limited, and Torrent Power Limited. The cashback will be credited to your card account within 90 days from the bill payment date.
Mobile Bill Payment Offer
Get 5% cashback, up to Rs. 100 per bill when you pay your Airtel, Vodafone, Jio or Idea mobile bills on Kotak credit cards. This offer is applicable on bill payments of Rs. 300 and above. The cashback amount will be credited to your card account within 90 days of the bill payment date.
DTH Recharge Offer
Recharge your Tata Sky, Airtel Digital TV, Dish TV or Sun Direct DTH connection on Kotak credit cards and earn 5% cashback, up to Rs. 100 per recharge. This offer is valid on recharge amounts of Rs. 300 and above. The cashback earned will be credited to your card account within 90 days from the recharge date.
Insurance Premium Payment Offer
Pay the premium for your life, health or general insurance policies on Kotak credit cards and get 5% cashback, up to Rs. 500 per transaction. This offer is applicable on premium payments of Rs. 10,000 and above. The cashback amount will be credited to your card account within 90 days from the premium payment date.
To avail these offers, make the bill payments through Kotak Net Banking, Kotak Mobile Banking App or by calling the Kotak Phone Banking helpline. These offers keep changing from time to time, so check the latest offers on the Kotak Bank website before making the payments. Using Kotak credit cards for essential bill payments and recharges is an easy way to earn some extra cashback on your daily spends.
Kotak Credit Card Dining and Entertainment Offers
Kotak Credit Cards offer some attractive dining and entertainment benefits. As a cardholder, you can save money on your favorite restaurants, movies, events and more.
Kotak has partnerships with many popular restaurant chains to provide cardholders with discounts and special deals:
- Enjoy 15-50% off the total bill at over 2,500 restaurants like Pizza Hut, KFC, Costa Coffee and Subway.
- Get 20% off the food bill at fine dining restaurants like Olive Bar & Kitchen, Mamagoto and Smoke House Deli.
- Save more with Kotak’s “Dining Delights” program which provides 1+1 offers, buffets at Rs. 99 and meal combos at a discount.
Movie and Event Tickets
Never pay full price for movie tickets or events again with your Kotak credit card.
- Buy one movie ticket and get one free at BookMyShow. This offer can be used 6 times per month, allowing you and a friend to enjoy a movie for the price of one ticket.
- Get up to 50% off tickets for plays, concerts, theme parks and more through Kotak’s partnerships with TicketNew, Insider and Paytm.
- Access pre-sale tickets for major concerts and events before the general public. Some events may even offer VIP experiences or backstage passes for Kotak cardholders.
EZCash is Kotak’s rewards program where you can earn points for all your spends. You can then redeem your EZCash points for exciting gifts, vouchers and yes, more dining and entertainment offers!
- For every Rs. 150 spent, you earn 1 EZCash point which can be redeemed for a Rs. 1 voucher.
- Use your EZCash vouchers to pay for part or all of your dining, movie tickets, events and other leisure activities.
- EZCash points have no expiry, so you can save up for bigger redemptions.
Take advantage of the many dining and entertainment privileges your Kotak Credit Card provides. Whether you want to save on a nice meal out, watch the latest blockbuster or experience an exciting event, your Kotak card has you covered.
Kotak Credit Card Travel Offers and Benefits
Kotak Credit Cards offer some attractive travel benefits and offers to make your trips more rewarding. ###Airport Lounge Access
As a Kotak Credit Cardholder, you get complimentary access to airport lounges across India through the Priority Pass program. Currently, Kotak offers access to over 1000 lounges worldwide in over 120 countries. Some of the lounges in India include Plaza Premium Lounges in Delhi, Mumbai, Bengaluru and Hyderabad airports. You can relax, freshen up, grab a snack or get some work done before your flight.
When you buy your travel tickets using your Kotak Credit Card, you automatically get travel insurance coverage up to Rs. 5 lakhs. This includes coverage for medical emergencies, trip delays or cancelations, missed connections, loss of baggage or travel documents. The insurance is provided in partnership with reputed insurance providers like Bajaj Allianz and TATA AIG.
Fuel Surcharge Waiver
Kotak Credit Cards offer a fuel surcharge waiver of up to 1% on fuel transactions. This can translate to decent savings, especially if you frequently use your card to pay for fuel. The surcharge waiver is available on transactions at all petrol pumps across India.
You earn reward points on all your spends with Kotak Credit Cards. The points earned can be redeemed for a wide range of exciting gifts, vouchers and travel packages. You get 2 reward points for every Rs. 100 spent on travel and fuel, and 1 point for every Rs. 100 on other categories. The points have no expiry and can be redeemed anytime.
Kotak has tie-ups with travel portals like MakeMyTrip, Yatra, Cleartrip and others to provide cardholders special discounts and offers on hotel bookings, flight tickets and holiday packages. There are also periodic travel sales and festivals where you can get deals on both domestic and international travel. Keep an eye on the Kotak website and SMS alerts to make the most of these travel offers.
Using your Kotak Credit Card for all your travel bookings and expenses can make your trips more rewarding and help you save money. Be sure to check the latest offers and benefits on the Kotak website before you travel.
Kotak Credit Card Fuel Surcharge Waiver
One of the top benefits of the Kotak Credit Card is the fuel surcharge waiver. This means you’ll save 2.5% on fuel purchases at all petrol pumps across India.###
Every time you use your Kotak Credit Card to pay for fuel, whether at an Indian Oil, Bharat Petroleum or Hindustan Petroleum station, the 2.5% surcharge levied by the fuel companies will be waived. So if you fill up with Rs. 2,000 of petrol, you’ll save Rs. 50 right there. Over the course of a year, especially if you have a long commute, this can really add up and put some extra cash back in your wallet.
To take advantage of this offer, just swipe your Kotak Credit Card at the payment terminal when paying for your fuel. The surcharge amount will be deducted automatically. There’s no need to keep track of receipts or file any claims. Your savings will be reflected in your monthly credit card statement.
Some tips to maximize your fuel surcharge savings:
•Use your Kotak Credit Card every time you fuel up, whether it’s a full tank or just a few liters. Every little bit helps.
•See if you can pay for your fuel with a Kotak Credit Card even if another payment method is your usual habit. Ask the attendant at the pump if they accept credit card payments before filling up.
•Check if the Kotak Credit Card fuel surcharge waiver applies to fuel purchases for vehicles other than just your personal car, such as a motorcycle, scooter or commercial vehicle. The terms and conditions will specify if any other vehicle fuel is included.
•Take advantage of fuel discount offers and cash back at petrol pumps whenever possible in addition to the surcharge waiver. Double dipping into savings is perfect!
•Refer friends and family to apply for a Kotak Credit Card so they can benefit from the fuel surcharge waiver too. You’ll earn referral bonuses while helping others save money.
With the high cost of fuel these days, every opportunity to save money at the pump helps. The Kotak Credit Card fuel surcharge waiver is an easy way to keep more cash in your wallet when prices rise.
Kotak Credit Card EMI Facility
Kotak Bank offers credit card holders the option to convert their purchases into EMIs at no additional cost. This Kotak Credit Card EMI facility allows you to pay for high-value items over a fixed tenure at a lower cost.
How Does It Work?
The EMI facility converts the total amount of your purchase into fixed monthly installments. For example, if you make a purchase of Rs. 60,000, you can convert it into 12 EMIs of Rs. 5,000 each or 24 EMIs of Rs. 2,500 each. You can choose an EMI tenure of 3 months up to 24 months depending on the amount.
- Your EMI is deducted from your credit card account balance automatically every month.
- No interest is charged on the EMI amount. You only pay the standard charges like annual fees, late payment fees, etc.
- Your available credit limit is reduced by the total purchase amount and is replenished gradually as you pay off the EMIs.
What Purchases Are Eligible?
You can avail the EMI facility for a wide range of high-value purchases:
- Electronics like laptops, mobile phones, tablets, home appliances, etc.
- Home decor items such as furniture, mattresses, etc.
- Healthcare expenses such as gym memberships, medical insurance premiums, etc.
- Travel bookings such as flight tickets, hotel reservations, holiday packages, etc.
However, fuel, gold, and certain other commodity purchases are not eligible for EMI conversion. The final eligibility of your purchase will be determined by Kotak Bank.
How to Avail the EMI Facility
You can request to convert your purchase into EMIs in a few simple steps:
- Make the purchase using your Kotak Credit Card.
- Login to your Kotak Net Banking account within 30 days of the purchase.
- Go to ‘Credit Cards’ and select ‘Convert to EMI’.
- Choose the EMI tenure from the available options. The EMI amount and other details will be displayed.
- Review and confirm the EMI conversion request.
- The EMI will reflect in your next credit card statement and the same amount will be deducted automatically every month.
The Kotak Credit Card EMI facility makes high-value shopping more affordable and convenient. Use it wisely to make the most of your credit limit and pay off the total amount in a budget-friendly manner.
Add-on Cards With Kotak Credit Cards
Kotak Credit Cards allow you to add supplementary cards for family members so you can share the benefits. Adding an add-on or supplementary cardholder gives another person access to your credit card account. They can use the card to make purchases and you will receive the bill for their spending along with your own.
Who can be an Add-on Cardholder?
You can add a spouse, parents, children, siblings or anyone else as an add-on cardholder. The person must be over 18 years of age. You will be responsible for all the spending and payments on the add-on cards. So, only add people you trust.
Benefits of Add-on Cards
Add-on cards provide several benefits:
- Convenience: Family members can use the card for their needs without having to borrow your physical card. This is useful when you are not together.
- Rewards: The spending on add-on cards also counts towards the minimum spend to earn rewards and benefits on your Kotak credit card. So, you can earn rewards faster.
- Credit History: If the add-on cardholder uses the card responsibly by making on-time payments, it can help build their credit history. This can be useful for young adults or anyone looking to establish a good credit score.
- Control: You can set spending limits for the add-on cards to keep control of the overall spending. You can also disable an add-on card temporarily or permanently if needed.
- Additional Cards are Free: Kotak does not charge any fees for add-on or supplementary credit cards. So, you can get cards for as many family members as you like at no extra cost.
To get add-on cards for your Kotak credit card, you need to fill out an application form for each cardholder and provide their KYC documents as per Kotak’s requirements. The new cards should be activated and ready to use within a week of applying. Add-on cards come with the same benefits and reward rates as your primary Kotak credit card.
FAQs on Kotak Credit Cards
What are the benefits of Kotak Credit Cards?
Kotak Credit Cards offer a variety of benefits to suit your needs. Some of the major benefits include:
- Reward Points: Earn reward points on all your spends which can be redeemed for exciting gifts and vouchers. The points earned vary based on the card type.
- Cashback: Get cashback on all your purchases, bill payments and more. The cashback percentage varies from 0.5% to 5% based on the card.
- Complimentary Lounge Access: Enjoy complimentary access to airport lounges in India with select Kotak Credit Cards. Relax and unwind before your flight.
- EMI Facility: Convert your high-value purchases into easy EMIs at attractive interest rates.
- Insurance Cover: Get complimentary insurance coverage on your Kotak Credit Card for lost card liability, purchase protection and more.
What are the different types of Kotak Credit Cards?
Kotak offers a variety of credit cards to suit different needs:
- Kotak Royale Signature: For high networth individuals with exclusive privileges and higher reward points.
- Kotak Privy League: For professionals and self-employed individuals with good rewards and benefits.
- Kotak Platinum: An affordable premium card with decent rewards and privileges for frequent spenders.
- Kotak Rewards Card: An entry-level card that offers reward points on all your spends which can be redeemed for vouchers and gifts.
How do I pay my Kotak Credit Card bill?
You can pay your Kotak Credit Card bill in multiple ways:
- Online: Pay online instantly through Kotak Net Banking or the Kotak Mobile Banking App. This is the most convenient option.
- Auto Debit: Set up auto debit from your Kotak Bank account to automatically pay the minimum or full amount due each month.
- Cheque: Issue a cheque in favor of your Kotak Credit Card number and drop it in the cheque collection box.
- Cash: Deposit cash at any of the Kotak Bank ATMs or branches using your credit card bill pay slip.
- Standing Instruction: Set up a standing instruction on your Kotak Bank account to automatically pay your credit card bill each month.
Make sure to pay at least the minimum amount due on or before the payment due date to avoid late payment charges. Paying the full amount due each month will also ensure you do not incur any interest charges on your outstanding balance.
So there you have it, a quick overview of the many perks and benefits of owning a Kotak credit card. With generous reward points, attractive cashback offers, and premium lifestyle privileges, a Kotak card can open you up to a world of exciting opportunities. Whether you’re looking to earn free movie tickets, indulge in luxury hotel stays, or simply want to save money on your daily spends, Kotak has a card for every need and budget. The next time you’re out shopping or dining, don’t forget to swipe your Kotak card – your rewards and savings will start adding up in no time. Happy spending!
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