Debit cards have become a major part of our daily lives. From grocery shopping to dining out, these cards offer different ways to manage expenses. Whether it’s paying for a movie ticket or making an online purchase, debit cards are being used for various transactions.
Acknowledging the need for a card that is perfect for everyday payments, Kotak Mahindra Bank introduced the Kotak Everyday Debit Card. This card is designed to upgrade everyday spending while rewarding users with exclusive discounts and offers. To unlock the benefits of this debit card, customers must hold a Kotak Everyday Savings Account. With this combination, cardholders can enjoy multiple benefits that turn everyday expenses into rewarding experiences.
Kotak Everyday Savings Account
To avail of the benefits of the Kotak Everyday Debit Card, customers must hold an Everyday Savings Account with Kotak Mahindra Bank. This account has been introduced to offer numerous advantages to its account holders.
The key feature of the Everyday Savings Account is its structure, which encourages customers to transact regularly to earn rewards. Account holders can accumulate vouchers worth up to ₹250 every month simply by engaging in everyday banking activities. This provides users with tangible rewards for their routine transactions. This savings account comes with special offers for significant milestones in a customer’s life. Account holders receive gift vouchers worth ₹250 on their birthdays and anniversaries.
The Kotak Everyday Savings Account allows account holders to enjoy a dynamic debit card, which brings along exclusive offers and discounts from popular brands such as BookMyShow, and EazyDiner.
Kotak Everyday Debit Card
The Kotak Everyday Debit Card is a useful card that offers many benefits for daily spending. With this card, you can get discounts on things you buy often, like meals, groceries, travel, and even movies. It allows you to spend up to ₹3 lakh both in India and abroad, giving you freedom while shopping. With the tap-and-pay option, you can pay up to ₹5,000 without entering a PIN. You can enjoy amazing discounts, like 20% off on movie tickets through BookMyShow and 30% off at EazyDiner, with this card. This card is perfect for people who are looking for benefits on their everyday transactions made with a debit card.
Benefits of Kotak Everyday Debit Card
Daily Transaction and Withdrawal Limit
The Everyday Debit Card comes with daily limits for both purchases and ATM withdrawals. You can spend up to ₹3 lakh every day for purchases, whether you’re shopping online or in stores. When it comes to cash, you’re allowed to withdraw up to ₹1 lakh from ATMs daily. This means you can make large transactions easily, whether at home or abroad.
BookMyShow Discount
BookMyShow offers a 20% instant discount when you use your Everyday Debit Card. This deal is applicable to various entertainment options like movies, events, concerts, plays, and sports activities. You can take advantage of this discount up to two times a month with the same debit card. One needs to be aware that this discount does not apply to BMS Stream and food, and beverages.
Offers on EazyDiner
With the Everyday Debit Card, users can get discounts of 30% off their total bill on EazyDiner, with savings of up to ₹1,000. The best part is that there’s no minimum bill requirement, so you can enjoy this offer no matter how much you spend. You can use this discount once every eight days with your Everyday Debit Card, giving you the chance to enjoy your favorite meals at a lower cost.
Tap and Go Payments
The Everyday Debit Card offers tap-and-go payments for quick transactions. For purchases within India, you can pay up to ₹5,000 without needing to enter a PIN, making it fast. If you’re shopping internationally, you can still enjoy contactless payments for amounts up to ₹5,000, though you’ll need to enter your PIN for security.
Eligibility Criteria
To help customers fully benefit from these services, it is important to know the eligibility requirements for opening a Kotak Everyday Savings Account and getting the Everyday Debit Card. To apply, customers must fall into one of the following categories:
- Resident Indians: Both sole and joint accounts are permissible under this category.
- Hindu Undivided Families: This allows families to manage their finances collectively.
- Foreign Nationals Residing in India: Even those residing in India temporarily or permanently can apply.
Bottom Line
The Kotak Everyday Debit Card is not just for making transactions; it promotes a lifestyle focused on saving and earning rewards. Users who have a Kotak Everyday Savings Account can get this card easily without any long procedure, and that to for free. The card also provides a variety of discounts and offers that boost your daily experience.
The Everyday Debit Card offers cashless transactions and attractive promotions with popular brands, meeting the needs of today’s consumers. It is available for many people, including resident Indians, Hindu Undivided Families, and foreign nationals living in India. This card aims to create positive financial experiences for everyone, regardless of background.