Kotak Mahindra Royale Signature Credit Card Review

The kotak mahindra bank royale signature credit card is unmatched when it comes to premium privileges at an affordable rate. It is one of the semi-premium credit cards offered by Kotak Mahindra Bank. Targeting the Indian middle-income group customers, it offers a load of benefits like free access to airport lounges, exclusive discounts on fuel surcharges, etc. The royale signature credit card comes in two variants, one with a joining fee and the other one without a joining fee.

Now let’s see if there are any differences between the two variants and which one can be most beneficial for you.

What are the kotak royale signature credit card eligibility criteria?

• Resident Type: Indian
• Kotak credit card eligibility criteria for salaried person:
  • Age: The age of the applicant should be between 21 to 60 years. 
  • Income: The average income of the applicant should be Rs. 24 lakh annually. 
• Kotak mahindra credit card eligibility criteria for self-employed person:
  • Age: The age of the applicant should be between 21 to 65 years. 
  • Income: The average income of the applicant should be Rs. 24 lakh annually. 
• An excellent credit score (above 770) is needed to apply for this kotak royale signature credit card.

If you can fulfill the above-stated kotak credit card eligibility criteria, then you can apply for this card from the kotak mahindra bank credit card online application portal. If you are confused with the application process, then you can take help from our FAQ page.

What documents are required to apply for the kotak royale 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 kotak mahindra bank credit card rules, all new kotak credit cards are delivered in an inactive state, and to start using the new credit cards you need to activate them manually by generating a new credit card PIN. You can find more about the kotak mahindra bank credit card PIN generation process from the 100xGain FAQ page. 

What are the kotak royale signature credit card fees?

• Royale signature kotak mahindra credit card joining fee: 1499 + GST there is a no-joining fee variant of this card available.  
• Kotak royale signature credit card annual fees: Rs. 999 + GST

What are the kotak credit card benefits?

• A powerful reward scheme that will make your every transaction rewarding:

You can earn reward points for almost every transaction made using this kotak credit card. The details are given in the table below. 

Category of transaction	Rate of earning ​​kotak credit card rewards
Every Rs.150 transaction made on travel expenses	4X rewards
All other categories	2X kotak credit card reward points

You can use your kotak mahindra reward points for travel/hotel booking, mobile recharge, etc. You can also use them to get a product from the kotak mahindra credit card reward points catalog. 

• Make your travel more comfortable with complimentary lounge access:

This credit card of kotak mahindra bank gives you free access to domestic airport lounges. You will get some extra privileges like complimentary meals, free Wi-Fi, magazine, refreshments, etc. 

• Enjoy freedom from fuel surcharges:

This kotak mahindra credit card offers you up to Rs. 3500 waiver in a year on fuel surcharges. This kotak credit card fuel surcharge waiver offer is applicable at any fuel station in India and on transactions between Rs. 500 to Rs. 3000.

• Get freedom from paying railway surcharges:

If you use this royal signature kotak credit card for railway ticket booking, you can make up to Rs. 500 savings on railway surcharges. This kotak credit card offer is applicable on the tickets booked through IRCTC’s official site. 

• Opportunity to make your card lifetime free:

On spending Rs. 100,000 within a year, you can get a complete waiver on your next year’s kotak royale signature credit card annual fee. So if you want to make your kotak credit card free for a lifetime then you just have to keep spending Rs. 100,000 per year. You can check your card’s status using the kotak mahindra bank credit card app. 

• Earn extra benefits on milestone spends:

You can earn some extra benefits from your card, the royal signature kotak credit card milestone benefit scheme is given in the table below. 

Total spend	Benefits
On spending Rs. 4,00,000 within an anniversary year.	10000 kotak rewards points.
On spending Rs. 8,00,000 within an anniversary year.	30000 kotak rewards.

You can check your kotak credit card balance and the due amount from the kotak mahindra net banking portal. 

• Complementary fraud liability coverage to support you in emergencies:

The kotak royale signature credit card comes with a complimentary Rs. 2,50,000 fraud liability coverage. So if your kotak credit card ever gets lost or stolen, you just have to report it by calling the kotak credit card helpline no and you will not be liable for anything bad that may happen to your account. 

• Convenient kotak mahindra credit card payment options to make your life easier:

There are several options to pay kotak credit card bills online from your kotak credit card net banking account or by using any credit card payment app like Google pay, Cred, Paytm, etc.

But if you don’t want to go online, then you can also make your kotak credit card payment by cheque , NEFT, or from your nearby branch. You can find your kotak mahindra bank royale signature credit card ifsc code here. 

• Enjoy the convenience of a contactless payment facility:

This kotak signature credit card is equipped with an advanced contactless payment facility. This contactless credit card technology allows you to make payments by tapping your card on any POS machine that accepts contactless payments. You can control the contactless payment option from your kotak mahindra mobile banking app.

What are the kotak royale signature credit card charges?

Particulars	Payable amount
Kotak credit card cash withdrawal charges	Rs. 300 per Rs. 10,000. Check your kotak credit card limit before making a withdrawal.
Kotak bank credit card finance charges	The kotak credit card interest rate can go up to 3.4% monthly or 37.2% annually.
Kotak credit card international transaction charges	3.5% against the transaction amount.
Kotak card add-on card fee	None.

How to contact the kotak royale signature credit card customer care department?

• Kotak credit card customer care number toll free: 1800-209-0000 (Toll-free) or 022-6600-6022
• Write to the kotak credit card mail id: customerfirst@kotak.com 

100xGain Ratings: 

7.5/10

Pros and cons of the kotak royale signature card:

Pros	Cons
The royale signature credit card is very good for those who want a low-cost premium card. There is also liability coverage protection available on this card. The kotak royale signature credit card offers you free access to airport lounges.	This card does not offer any golf-related benefits which can disappoint the golf lovers There are no dining benefits on this kotak mahindra royale signature credit card.

Final Opinion:

If you are looking for a low-cost premium credit card then the Kotak royale signature credit card will be a solid choice for you. It packs some awesome benefits like free lounge access, reward points on every transaction, fuel surcharge waiver, fraud liability coverage, etc. which can easily justify the Rs.999 kotak royale signature credit card annual fee. 

But if you can budget an annual fee of Rs. 5000 to Rs. 10,000  then I would suggest you take a look at the 100xGain premium credit card page.  

Alternative cards of the kotak mahindra royale signature credit card: 

1. Axis bank indian oil credit card (Best for fuel and dining benefits)
2. ICICI makemytrip signature credit card (Best for travel and dining benefits)
3. IndusInd classic credit card (Best for offering travel benefits)
4. SBI platinum air india credit card (Best for travel and lounge access benefits)