Kotak Zen Signature Credit Card

Kotak Zen Signature Credit Card Features and Benefits

The Zen Signature Credit Card offered by Kotak Mahindra Bank is one of its premium cards and it is very much comparable with the Kotak Privy League Signature Credit Card. It comes with exciting privileges across different categories. The detailed features and benefits of this card as mentioned further in this article:

Welcome Benefits

• As a welcome benefit, you get 1500 Zen Points on payment of joining fees of Rs 1500. Welcome benefits can not be availed on the add-on card.

Milestone Benefit

You can earn 7500 bonus Zen Points on annual spending of Rs 3,00,000 and up to 15000 bonus Zen Points on annual spending of Rs 6,00,000 in the previous year.

Travel Benefits

Along with this credit card, you get 8 complimentary domestic lounge access every year. You can avail yourself up to 2 lounge access every quarter calendar at select airport lounges with Visa Airport Lounge Access Program. The offer is valid till 30th September 2021.

You also access 3 complimentary international lounges with Priority Pass Membership. This offer is valid for 1 year for the primary cardholders. The primary cardholders can avail of this offer on completing at least 4 transactions in the previous year.

Fuel Surcharge Waiver

You can get up to a 1% fuel surcharge waiver on transactions between Rs 500 and Rs 3000. You can avail maximum fuel surcharge waiver of Rs 3500 annually. No reward points get accrued on fuel transactions.

Spend Based Waiver

You can get an annual fee waiver of Rs 1500 on the spending of Rs 1,50,000.

Kotak Bank Zen Signature Credit Card Reward Points

• You can earn up to 15 Zen Points on every Rs 150 spent on KayMall. You can earn up to 5 Zen Points for every Rs 150 on all other categories.
• The points can be accumulated on all spending except fuel spends and EMI transactions.

Reward Redemption

• With the Kotak Reward program, you can redeem these reward points for exclusive vouchers and special discounts on partner deals and offers.
• You also can redeem these reward points and convert them into cash to pay for your shopping spends at partner merchant outlets.
• 1 Reward Point is equivalent to Re. 0.25.

Kotak Zen Signature Credit Card Eligibility Criteria

The eligibility requirements that need to be fulfilled in order to get this credit card are as follows:

• The applicant should be a resident of India.
• The applicant should be of age between 21 years to 65 years
• Net Income of Self-Employed or Salaried person should be Rs 4.8 Lakhs or above
• You can avail of this credit card at the following mentioned locations Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Pune, Ahmedabad, and Bangalore,

Documents Required

The documents required to apply for the Kotak Bank Zen Signature Credit Card are as mentioned below:

• Identity Proof: Aadhar Card, PAN Card, Voters’ Id, Passport, etc.
• Address Proof: Latest utility bills, Aadhar Card, Passport, Ration card, Driving License, etc.
• Proof of income: Latest audited ITR (in case of self-employed people) and Latest bank statements/salary slips (in case of salaried individuals).

How To Apply For Kotak Bank Zen Signature Credit Card?

One can apply for the Kotak Zen Signature Card online as well as offline at their convenience. To apply offline, you can simply visit your nearest Kotak Bank branch and apply for the card by filling in the physical application form. To apply online, you can follow a few steps as mentioned below:

• Choose the Kotak Bank Zen Signature Credit Card and click on ‘Apply Now‘ under that.
• Proceed further and fill in the online application form and submit it.

Conclusion

Kotak Zen Signature Credit Card provides you with basic, accelerated as well as milestone rewards on your spendings. This card offers you a welcome gift of 1500 rewards points on payment of the annual fee of Rs. 1,500. The 1500 Zen point is provided as a welcome benefit is equivalent to Rs. 375 on value. Furthermore, the card comes with a decent reward rate of Rs 0.25 on 1 Zen Point in all categories except fuel transactions. You also get Accelerated rewards on this card with 15 Zen Points on every Rs 150 spent on KayMall. Besides that, you can get rewards of up to 15,000 Zen Points on annual spending of Rs 6,00,000, as a Milestone benefit. Another key feature of this credit card is that you get 3 complimentary international lounge access with Priority Pass Membership. What do you think about this credit card? Do let us know in the comments below.