811 #Kotak Dream Different Credit Card Review

The 811 #kotak dream different credit card is a secured credit card from Kotak Mahindra Bank. The secured credit cards are issued against a fixed deposit or term deposit account and they can be applied without having a credit score. These cards are best for beginners, who do not have a credit score or want to build a credit score.

It packs some attractive kotak 811 offers like reward points, free cash withdrawal, fuel surcharge waiver, lost card liability coverage, etc. More about kotak 811 credit card benefits are discussed below. 

Kotak Mahindra Credit Card Eligibility Criteria:

  • Resident Type: Indian
  • For salaried person:
    • Age: The age of the applicant should be between 18 to 75 years. 
    • Income: This card can be issued against a term deposit account (min TD amount Rs. 10,000) 
  • For self-employed person:
    • Age: The age of the applicant should be between 18 to 75 years. 
    • Income: This card can be issued against a term deposit account (min TD amount Rs. 10,000) 
  • A long relationship with the bank will help you to get this card. 
  • If you are an NRI customer, then you can only apply for this card via the offline method. 

If you can fulfill the kotak dream different credit card eligibility criteria then you can apply for this card from the kotak bank credit card online application portal. you can also visit your nearby Kotak Mahindra branch and submit your application there. 

Once your kotak credit card application is submitted successfully, you can track the status of your application from the kotak credit card tracking page

Documents Required To Apply For Kotak Dream Different Credit Card:

  • Photocopy of Address proof (any 1)
    • Last 6 months bank account Statement
    • Aadhar Card
    • Driving License
    • Passport
    • Utility bills
  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Two recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Salary Slip of last 3 months
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year
      • Proof of business

As per the new credit card rules all new Kotak credit cards are delivered in an inactive state, and to start using those cards, you need to activate them manually by generating a new kotak credit card pin. You can find more about the kotak mahindra credit card pin generation process from our FAQ page

Kotak Dream Different Credit Card Fees:

  • Kotak811 credit card joining fee: None. 
  • Kotak811 credit card annual fee: None. 

Kotak 811 Dream Different Credit Card Benefits:

  • Enhanced credit limit:

The Kotak 811 dream different credit card gives you up to 90% of your term deposit amount as the kotak 811 credit card limit

  • Attractive welcome gift:

With the dream different credit card activation, you will get 500 bonus points as a welcome gift. The reward points will be credited to your account as you touch the Rs. 5000 spend mark within the first 45 days of your card’s activation.

  • Reward points on every transaction:

You can earn reward points for almost every transaction you make using this card. The details of the kotak mahindra reward points scheme are given in the table below. 

Category of transaction. Kotak credit card reward points
For each Rs. 100 online transaction 2 reward points. 
For each Rs. 100 transactions made on other categories* 1 reward point. 

*You will not get any kotak reward points for fuel purchases, cash withdrawals, railway ticket bookings, etc. You can redeem kotak credit card points for travel booking, mobile recharge, you can also convert them into cash or use them to get a product from the kotak credit card reward points redemption catalog. 

  • Fuel and railway surcharge waiver:

If you use this kotak lifetime free credit card for fuel purchase, you will get up to a 1% waiver on fuel surcharges. This offer is applicable at any fuel station in India and on transactions between Rs. 500 and Rs. 3000. You can earn a maximum of Rs. 3500 waiver in a year. 

This kotak fd credit card also offers a 1.8% waiver on transactions made on the IRCTC portal and up to a 2.5% waiver on the transactions made at railway ticket booking counters. You can earn a maximum of Rs. 500 waiver per year. 

  • Extra benefits on milestone spending:

You can also earn some extra benefits from your card. On completing Rs. 75,000 transactions within an anniversary year, you will get two bonus offers – 1) a cashback of Rs. 750, 2) 4 free movie tickets from PVR Cinemas. You can choose one of the previously mentioned options.

  • Lifetime free add-on cards:

This kotak credit card offers you to issue lifetime free add-on cards for your loved ones so that they can also enjoy the benefits of having a credit card.

  • Complementary fraud liability coverage:

This kotak mahindra lifetime free credit card comes with complimentary fraud liability coverage of Rs. 50,000. To enjoy the benefits of the coverage, you just have to report the loss by calling the kotak mahindra credit card customer care number as soon as possible. You can also block your card by yourself by using the kotak credit card net banking account

  • Balance transfer facility:

Kotak Mahindra bank allows you to transfer the outstanding of your other bank’s credit card to this kotak 811 dream different credit card so that you can get some extra days to clear off your dues. The balance transfer processing fee is Rs. 349 for each Rs. 10,000 transfer. Check your kotak credit card limit before performing a balance transfer. 

  • Interest-free cash withdrawal offers on kotak credit card:

You can withdraw cash using your Kotak Dream Different card and you will not have to pay any interest for the withdrawn amount. However, you will have to pay the processing fee of Rs. 300 for each Rs. 10,000 withdrawal. 

  • Easy kotak mahindra credit card bill payment options:

You can make your kotak bank credit card payment online via your net banking account or by using a credit card payment app. But if you don’t have access to the online payment options then you can also make your kotak credit card payment by neft , cheque, or from your nearby ATM. You can also find the kotak mahindra credit card ifsc code here.

  • Security of the advanced EMV Chip:

This card has a built-in EMV chip, this chip is designed to store your sensitive information with a very highly secured encryption method that makes your card nearly impossible to copy. 

Kotak 811 Credit Card Charges:

Particulars Payable amount
Kotak dream different credit card cash withdrawal charge Rs. 300 against the withdrawn amount. Check your kotak 811 atm cash withdrawal limit before making a withdrawal. 
Kotak 811 credit card finance charges The kotak credit card interest rate can go up to 3.50% monthly or 42% annually. 
Dream different credit card foreign currency conversion charge 3.5% against the transaction amount. 
Kotak credit card add on card fee None. 

Kotak 811 Credit Card Customer Service Contact Details:

  • Call the kotak mahindra bank credit card customer care number: 1800-209-0000 (Toll-free) or 022-6600-6022
  • Write to the kotak credit card customer care mail id: [email protected] 

100xGain Ratings:

7/10

Final Opinion:

If you are a newcomer in the credit card market and looking for a basic credit card to start with, then the kotak 811 dream different credit card will be a solid choice for you. The major advantage of the card is that you can get this kotak 811 credit card against fd account. You can also earn some attractive kotak 811 benefits like reward points, free movie tickets, fraud liability, coverage, etc. 

But if you want to compare some alternative card options then take a look at the 100xGain top 10 beginner’s credit card page.  

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