Kotak Mahindra BankKotak 811 Credit Card

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Kotak Mahindra Bank

Kotak 811 Credit Card

3.9Best for online shopping

Verifying

Joining fee incl. GST: ₹590
Renewal fee incl. GST: ₹590
Conditional welcome value: Up to ₹100
Forex markup: 3.5%
Interest p.a.: 45%
Min income (salaried): —

Welcome benefits depend on the actual offer and qualifying conditions; points and vouchers are not an automatic cash refund. Spend Rs.3,000 within first 30 days of card issuance

How this card earns

Reward rates with their qualifying conditions and caps. Use the calculator for a combined estimate.

Calculation coverage is still under review for this card. A recorded benefit does not mean every condition has been included in the estimate.

What still needs confirmation

Ticket face value/redemption conditions and exact annual-fee qualifying category exclusions need confirmation; waiver estimate conservatively uses milestone exclusions.

Spend category	Reward rate	Reward limit
Online shopping 2 RP/Rs.100 on online spends, 1 RP/Rs.100 offline; 1 RP = Rs.0.20 (5 points = Rs.1). Confirmed unchanged on Kotak's product page after the 01 Jun 2025 revision, which removed several categories from earning altogether rather than cutting this rate.	0.4%	Unverified
Utilities & bills Only the qualifying merchants or payment route below Ordinary utility spending earns only up to ₹35,000 per statement. Online utility transactions can earn the separate online rate.	0.4%	₹35,000 spend / month
Utilities & bills Ordinary utility spending earns only up to ₹35,000 per statement. Online utility transactions can earn the separate online rate.	0.2%	₹35,000 spend / month
Other eligible purchases	0.2%	—

Excluded from ordinary earning: Fuel, Rent, Education, Insurance. Specific qualifying offers, if any, are listed above.

Rates apply only to the merchants and conditions described. Shared ceilings cannot be added across rows. Points and vouchers are valued at the stated redemption assumption; use the spending calculator for a combined estimate.

Fees & charges

Joining fee₹500

Annual fee₹500

Annual fee waiverAnnual fee waived on minimum retail spend of Rs.50,000 in the previous anniversary year

Foreign currency markup3.5%

Finance charge (p.a.)45%

Fuel surcharge waiver1%

Spend milestones

Annual spend	Benefit	Value
₹75,000	Three PVR tickets after ₹75,000 eligible anniversary-year spending. ₹750 is an illustrative ticket valuation, not a bank cash payment.	₹750

Key benefits

Unsecured card, no fixed deposit or collateral required
3 complimentary PVR tickets on Rs.75,000 of retail spend in an anniversary year
2 RP/Rs.100 on online spends vs 1 RP/Rs.100 offline
From 01 Jun 2025 no reward points on education, wallet loading, fuel, rent, government, insurance or online skill-based gaming spends; utility spends earn points only up to Rs.35,000 per statement cycle
From 01 Jun 2025 those same categories do not count toward the milestone spend
1% fuel surcharge waiver on transactions of Rs.500-4,000, capped at Rs.3,500 in a calendar year
Railway surcharge waiver of 1.8% on irctc.co.in and 2.5% at booking counters, capped at Rs.500 in a calendar year
Digital card issuance via Kotak 811
Note: a separate secured 'Kotak811 #DreamDifferent' card (lifetime-free, against FD) also exists

What we like

+No fixed deposit or collateral required (unsecured)
+PVR ticket milestone benefit
+Modest online reward boost (2 RP/Rs.100)
+Fuel surcharge waiver

What to watch

−Annual fee of Rs.500 (waiver needs Rs.50,000 spend)
−Kotak does not publish a lounge allowance for this card
−Weak base reward (0.2-0.4%), and eight spend categories earn nothing at all since 01 Jun 2025
−High 45% p.a. interest and 3.5% forex markup