Kotak Mahindra Bank Credit Cards: Check Features, Eligibility & Charges

Kotak Bank Credit Cards

🤔 Know everything about Kotak Bank Credit Card

Is Kotak Bank Your Reward Partner?

Kotak Mahindra bank provides banking and finance services along with a wide range of Credit Cards. A user can choose from over 27 categories of Kotak Mahindra Credit Cards and earn Kotak Rewards. Kotak Bank has 60,42,418 active credit cards as of February 2024.

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Features of Kotak Bank Credit Cards

Lounge Access

Travel Benefit

Fuel Surcharge

Cashback Benefit

Reward Points

Insurance Benefit

Shopping Benefit

Welcome Bonus

Dining Benefit

Top Kotak Bank Credit Cards

Myntra Kotak (4.3)

Full Details

Co-Branded

Best For: Cashback

Welcome Bonus

Travel

Fuel

Rewards

Shopping

Reward Point Value

Joining Fee

₹500

Annual Fee

₹500

Annual Percentage Rate

44.4%

Kotak Royale Signature (3.5)

Full Details

Premium

Best For: Travel

Welcome Bonus

Travel

Fuel

Rewards

Shopping

Reward Point Value

₹0.18

Joining Fee

Nil

Annual Fee

₹999

Annual Percentage Rate

42%

image of Kotak Indigo Ka-ching 6E Rewards

Kotak Indigo Ka-ching 6E Rewards (4.5)

Full Details

Co-Branded

Best For: Travel

Welcome Bonus

Travel

Fuel

Rewards

Shopping

Reward Point Value

₹1

Joining Fee

₹700

Annual Fee

₹700

Annual Percentage Rate

42%

Kotak League Platinum (4)

Full Details

Lifestyle

Best For: Rewards

Welcome Bonus

Travel

Fuel

Rewards

Shopping

Reward Point Value

₹0.25

Joining Fee

₹499

Annual Fee

₹499

Annual Percentage Rate

42%

How To Apply For Kotak Bank Credit Card Online

Here's a step-by-step guide on how to apply for a Kotak credit card online:

Step 1: Go to the Kotak Mahindra Bank website.

Step 2: Click on the "Products" dropdown menu in the top navigation bar and select "Cards".

Step 3: Click on "Credit Cards" in the submenu that appears.

Step 4: Browse through the different credit cards that are available and select the one that best fits your needs.

Step 5: Click on the "Apply Now" button for the credit card that you've chosen.

Step 6: Fill out the online application form with your personal and financial information.

Step 7: Provide any supporting documents that are required, such as proof of identity and address.

Step 8: Review the application form to make sure that all information is accurate and complete.

Step 9: Click on the "Submit" button to submit your application.

You will receive an instant decision on your application, and if approved, your credit card will be sent to your registered mailing address.

Alternatively, you can also apply for a Kotak credit card by visiting a Kotak Mahindra Bank branch or by calling the Kotak credit card customer care number and requesting a credit card application form to be sent to you.

Kotak Bank Fees and Charges

Analyse a card based on its Joining Fee, Annual Fee and what it's best suited for.

CARD VARIANT	JOINING FEE	ANNUAL FEE	BEST FOR
Myntra Kotak	₹500	₹500	Cashback
Kotak Royale Signature	Nil	₹999	Travel
Kotak Indigo Ka-ching 6E Rewards	₹700	₹700	Travel
Kotak League Platinum	₹499	₹499	Rewards

Kotak Bank Eligibility

CREDIT CARDS	INCOME REQUIRED	EMPLOYMENT TYPE
Myntra Kotak	₹0	Salaried , Self Employed
Kotak Royale Signature	₹200000	Salaried , Self Employed
Kotak Indigo Ka-ching 6E Rewards	₹0	Salaried , Self Employed
Kotak League Platinum	₹40000	Salaried , Self Employed

Kotak Bank News

25 Apr 2024, Thursday

1. Kotak Mahindra Bank Faces RBI Restrictions for IT Security Lapses

The Reserve Bank of India (RBI) imposed restrictions on Kotak Mahindra Bank due to "serious deficiencies and non-compliances" in IT risk and information security practices. These restrictions include:

Ban on onboarding new customers digitally: Kotak Mahindra Bank cannot add new customers through online and mobile banking channels.
Halt on issuing new credit cards: The bank is temporarily barred from issuing new credit cards.

It's important to note that existing customers are unaffected and can continue using their accounts and credit cards as usual.

Kotak Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

Kotak Bank

Kotak Bank Credit Card Customer Care Number:

1860 266 2666

Kotak Bank Card Offers:

View Offers

Total Cards:

60,42,418

View All Kotak Bank Credit Cards

Frequently Asked Questions

1. How can I close my Kotak Mahindra credit card?

Any Kotak Credit Card subscriber who wants to cancel their card can do so by calling the Kotak Credit Card customer care line directly at 1860-266-0811 and making a formal request to the customer care executive. You will receive instructions from the executive on proceeding with the process.

According to the bank, you can cancel a Kotak Mahindra Bank credit card by sending a written request to the bank branch specifying that the card must be revoked. The entire process will begin once the bank gets the request.

2. How can I convert Kotak credit card reward points to cash?

Your reward points can be redeemed instantly at merchant outlets and stores with the PayByPoints feature. When you shop at merchant locations using your Kotak Credit Card, this feature turns your reward points into cash. OR

Step 1: Visit the net banking page for Kotak Bank.

Step 2: Enter your password and CRN (customer ID).

Step 3: Choose the credit card that has the most reward points.

Step 4: Decide on cash to redeem your prize and finish the transaction.

3. How can I increase my Kotak Credit Card limit?

Requesting a credit limit increase from the bank is always an option. Based on the justification you give and your history of timely payments, many banks will agree to raise the credit limit on your credit card. It can be done by-

Paying your bills on time.
Getting a new credit card: If your present credit card's credit limit isn't high enough, you can apply for a new credit card with a greater credit limit.

Low credit utilisation ratio (CUR): Banks will raise your credit limit if you use your credit card frequently and your CUR is low (less than 30%).

4. Can I transfer money from my Kotak Credit Card to my bank account?

You cannot make a direct transfer from your credit card to your bank account. But, you can transfer money from your credit card to your UPI wallet, then to your Kotak Bank account, with the aid of mediators like a BHIM Kotakpay account.

5. How many days does it take to get a Kotak Mahindra Bank Credit Card?

Your credit card should be delivered to you, within 7 working days of your replacement request being submitted or approved.

Once the card has been sent out, they will send you an SMS with the name of the courier service and an AWB number for tracking.

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