Kotak 811 #DreamDifferent Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

There is no fee for joining or renewing. You will receive 1 Reward Point for every Rs. 100 you spend. For online purchases, you will receive 2 Reward Points for every Rs. 100 spent. As a welcome gift, you will receive 500 bonus Reward Points. Every year, you will receive additional bonus Reward Points based on your spending. Based on your spending, you will receive 4 free PVR movie tickets each year. You will receive a waiver for a 1% fuel surcharge. Railway surcharge will also be waived.

The Kotak 811 #DreamDifferent Credit Card is a shopping-oriented credit card offering a range of benefits.

With absolutely no joining fee or renewal fee, this card is a cost-effective choice for those looking to enhance their shopping experience.

One of the key perks of this card is the reward system.

When it comes to online transactions, every Rs. 100 spent earns you 2 Reward Points.

For all other transactions, you'll earn 1 Reward Point for every Rs. 100 spent.

Additionally, as a welcome benefit, you'll receive 500 Bonus Reward Points.

These points can be redeemed towards a variety of exciting rewards.

In terms of specific benefits, this card does not offer movie dining or travel-related perks.

However, it does provide a 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000.

This can be a significant saving for those who frequently need to refuel.

When it comes to international transactions, it's important to note that there is a foreign currency markup of 3.5%.

However, there is no rewards redemption fee, which makes it easy to utilize your accrued points without any extra cost.

The interest rate on this card is 3.5% per month, which is a standard rate for credit cards.

Cash advances are available with a fee of Rs. 300 per Rs. 10,000 withdrawn.

Overall, the Kotak 811 #DreamDifferent Credit Card is a suitable option for avid shoppers.

With its rewarding points system, welcome benefits, and fuel surcharge waiver, it offers decent perks at no extra cost.

Keep in mind the 3.5% foreign currency markup for international transactions, but the lack of fees for rewards redemption is a definite advantage.