By Bharti Bisht
Updated On September 10, 2021

The Kotak 811 #DreamDifferent Credit Card is a secured Credit Card issued by the Kotak Bank with an aim to provide its customers with great Reward experiences. The card comes with no joining/renewal fee and gives you an opportunity to earn 500 bonus Reward Points as a welcome gift. With this card, you get 1 Reward Points on every Rs. 100 you spend and you get 2x Reward Points on all your online spends. The card allows you to redeem your Reward Points easily on the bank’s website. Moreover, you can earn exciting Rewards & benefits under the milestone program. On spending Rs. 75,000 or more in a year, you get a cashback of Rs. 750 & 4 complimentary PVR movie tickets. With various other advantages, including the fuel surcharge waiver, the railway surcharge waiver, etc, the card becomes a great choice for so many people out there. To know detailed benefits of the Kotak 811 #DreamDifferent Credit Card, refer to the information given below:

Best Suited For

Shopping |

Joining Fee

Nil

Reward Type

Reward Points |

Product Details

  • No joining/renewal fee.
  • Get 1 Reward for every Rs. 100 you spend.
  • Get 2 Reward Points for every Rs. 100 you spend on online purchases.
  • A welcome gift of 500 bonus Reward Points.
  • Spend-based bonus Reward Points every year.
  • Get 4 free PVR movie tickets every year on the basis of your spends.
  • A 1 % fuel surcharge waiver.
  • Railway surcharge waiver.

Rewards and Benefits

Welcome Benefits

500 bonus Reward Points

Movie & Dining

NA

Rewards Rate

1 Reward Points on every spend of Rs. 100 and 2 Reward Points on every online spend of Rs. 100.

Reward Redemption

The Reward Points you earn can be redeemed against movie tickets, cashback, and many more categories at a rate of 1 Reward Point = Rs. 0.25.

Travel

NA

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

You will not be liable for any unauthorized transactions made on your card once you report the loss to the bank.

Fees & Charges

Joining Fee

Nil

Renewal Fee

Nil

Spend based Waiver

NA

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% on all foreign currency spends.

Interest Rates

3.5% per month

Fuel Surcharge

1% fuel surcharge waiver for all transactions between Rs. 500 & Rs. 3,000.

Cash Advance Charge

Rs. 300 on every withdrawal of Rs. 10,000

Add-on Card Fee

Nil

Kotak 811 #DreamDifferent Credit Card Rewards:

  • You get 1 Reward Point for every Rs. 100 you spend.
  • You get 2 Reward Points for every online spend of Rs. 100.
  • You don’t get any Reward Points on cash withdrawals, fuel transactions, and railway transactions.

Welcome Benefits

You get 500 bonus Reward Points as a welcome benefit on spending Rs. 5,000 or more within the first 45 days after card issuance.

Rewards Redemption

  • The Reward Points you earn can be redeemed on the Net banking section of the Kotak Mahindra Bank by logging into https://www.kotak.com.
  • The Reward Points are redeemable against cashback, movie tickets, AirMiles, and many more options available on the website.
  • 1 Reward Point = Rs. 0.25.

Milestone Benefits

On spending Rs. 75,000 or more in an anniversary year using your Kotak 811 #DreamDifferent Credit Card, you get:

  • A cashback of Rs. 750.
  • 4 complimentary PVR movie tickets.

Other Benefits

  • You get a 1.8% railway surcharge waiver on booking through irctc.co.in.
  • You get a 2.5% railway surcharge waiver on Indian railway booking counters.
  • The maximum benefit you can get through the railway surcharge waiver is capped at Rs. 500 per year.

Fuel Surcharge Waiver

  • You get a 1% fuel surcharge waiver across all the fuel stations for all transactions between Rs. 500 and Rs. 3,000.
  • You can avail of a maximum benefit of Rs. 3,500 per year through the fuel surcharge waiver on this card.

Eligibility Criteria

  • The age of the primary cardholder should be between 18 years and 75 years.
  • The age of add-on cardholders should be more than 18 years.
  • The applicant should be a resident of India.
  • A minimum FD amount of Rs. 10,000 is required.

How To Apply?

You can apply online easily for the Kotak 811 #DreamDifferent Credit Card by following a few simple steps as mentioned below:

  • Visit https://www.kotak.com/.
  • Click on the option ‘Explore Products.’
  • Choose the option ‘Cards.’
  • Click on ‘Credit Cards.’
  • Choose the ‘Kotak 811 #DreamDifferent Credit card and click on ‘Apply Now.’
  • Fill in all the necessary details and complete all the formalities.

Conclusion

With its exclusive Reward offers & exclusive benefits, the Kotak 811 #DreamDifferent Credit Card is a great choice for people who don’t have a stable monthly/annual income as this card is issued against a FD of Rs. 10,000 without any other income proof. Also, the card comes without any joining fee making it affordable for everyone. Even after being very easy to have, the card provides its customers with exciting Reward offers, welcome benefits, milestone benefits, fuel & railway surcharge waiver, etc. So, if you are looking for a secured credit card with great benefits and saving opportunities, you can surely go with the Kotak 811 #DreamDifferent Credit Card.

FAQs:

You don’t need any monthly/annual income proof to apply for a Kotak 811 #DreamDifferent Credit Card. It is a secured credit card that is issued against a Fixed Deposit of Rs. 10,000 or more.

For the Kotak 811 #DreamDifferent Credit Card, 1 Reward Point = Rs. 0.25, i.e., 4 Reward Points are equal to 1 rupee.

Yes, the Kotak 811 #DreamDifferent Credit Card provides a welcome benefit of 500 bonus points if you spend Rs. 5,000 or more within the first 45 days after receiving your card.

The cash advance fee on the Kotak 811 #DreamDifferent Credit Card is Rs. 300 for every withdrawal of Rs. 10,000.

With your Kotak 811 #DreamDifferent Credit Card, you can get a maximum railway surcharge waiver of Rs. 500 in a year.

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