Kotak Mahindra Bank
Kotak 811 Credit Card
Annual Fee
₹590₹500 + GSTBase Reward
0.5% points
Foreign Markup
3.5% of the transaction amount.
Welcome Benefits
500 Bonus Reward Points on expenditure of ₹5,000 within 45 days of card issuance.
Product Highlights
- 500 Bonus Reward Points as a welcome benefit on spending ₹5,000 within 45 days of card issuance.
- 2 Reward Points for every ₹100 spent online and 1 Reward Point for every ₹100 spent offline.
- 4 PVR tickets or cashback of ₹750 on spending a minimum of ₹75,000 in a year.
- 1.8% surcharge waived off on online transactions at IRCTC.
- 2.5% surcharge waived off on rail ticket bookings at counters.
Category Rewards
Specialty
2 RP / ₹100 on online spends
0.5X
Fee Waiver
Annual fee waived off on spending a minimum of ₹50,000 in the preceding year.
Reward Calculator
Costs you ₹110/year
Break-even needs ~₹15,980/month at your reward mix.
₹13K
across all your buckets
1.9K
Kotak Reward Points
₹480
via standard · ₹0.25/pt
Effective rate
0.31%
Annual fee
₹590
Year 1 net
₹-110
Year 2+ net
₹-110
ongoing
Adjust your spend by reward bucket
2 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
3 complimentary PVR tickets
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, cash advance, rent, wallet, government, education, insurance, online gaming
Fuel surcharge waiver (good news)
1%on ₹500–₹4,000 fuel txns · capped at ₹3,500/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 2 Reward Points per ₹100 on online spends and 1 Reward Point per ₹100 on offline spends.
- 1 Reward Point = ₹0.25 against shopping vouchers, e-gift vouchers, movie vouchers, mobile recharges, and many other redemption categories.
Benefits & Features
1% fuel surcharge waived off on transactions between ₹500 and ₹3,000 (max waiver capped at ₹3,500 per annum).
Pros & Cons
Pros
- Low annual fee of ₹500.
- Decent reward rate of 2 Reward Points per ₹100 on online spends.
- Milestone benefits including cashback and movie tickets.
Cons
- Annual fee not waived for lifetime.
- No complimentary lounge access.
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
18 yrs
Networks
Fee Waiver
Annual fee waived off on spending a minimum of ₹50,000 in the preceding year.