Kotak Mahindra Bank
Kotak 811 #DreamDifferent Credit Card
Annual Fee
Lifetime FreeBase Reward
1% points
Foreign Markup
3.5% on all international transactions
Welcome Benefits
500 Bonus Reward Points on spending ₹5,000 or more in the first 45 days
Product Highlights
- No joining/renewal fee
- 1 Reward for every ₹100 spent
- 4 Reward Points for every ₹100 spent on online purchases
- Welcome gift of 500 bonus Reward Points
- 1% fuel surcharge waiver
- Railway surcharge waiver
Category Rewards
Specialty
2 RP / ₹100 on online spends
0.2X
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
Amazon
4 Reward Points/₹100
Reward Calculator
Earns ₹192/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
1.9K
Kotak Reward Points
₹192
via standard · ₹0.1/pt
Effective rate
0.12%
Annual fee
FREE
Year 1 net
+₹192
Year 2+ net
+₹192
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & 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–₹3,000 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
1 Reward Point on every ₹100 spent, 4 Reward Points on every ₹100 spent on online transactions.
- 1 Reward Point = ₹0.20
Benefits & Features
1% Fuel Surcharge Waiver for All Transactions Between ₹500 & ₹4,000
Pros & Cons
Pros
- No joining or annual fee
- High reward rate on online spends
- Easy redemption process
- Fuel surcharge waiver
Cons
- Limited to secured card against FD
- No rewards on cash withdrawals, fuel transactions, and railway transactions
Additional Info
Secured card against a Fixed Deposit of ₹10,000
No income proof required
Excluded Categories
Partner Merchants
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