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Kotak Bank Credit Card
Kotak Mahindra is one of most reputed Finance Companies in India. Kotak Mahindra Bank has launched its Credit Cards on May 13, 2008 in four different variants – Fortune Gold Card, Trump Gold Card, League Platinum Card and Royale Signature Card, Kotak Credit cards come with some unique features like Fortune Gold Card has 0% charges for cash withdrawal for maximum 48 days. The bank also offers special services personal concierge for its credit card customers.
Features:
| Card Name | Fortune Gold Card | Trump Gold Card | League Platinum Card |
|---|---|---|---|
| Network | Visa Card | Visa Visa | Visa Card |
| Joining Fee (in rupees) | Free | Free | 3000-12000 |
| Annual Fee (in rupees) | Free | Free | Free |
| Add On Card – Issue Fee | 149 | 149 | NA |
| Interest Rate -on revolving Credit | 44.24% p.a | 44.24% p.a | 44.24% p.a |
| Interest Rate -on Cash Withdrawal | 44.24% p.a (0% for a max of 48 days) | 44.24% p.a | 44.24% p.a |
| Interest Rate – on Balance Transfer | 0% | 0% | 0% |
| Reward points | )NA | NA | 1.25 point for every Rs 100 spend |
| Surcharge on Fuel | 2.5% Fuel Surcharge Waiver across all Fuel Pumps( for transaction between Rs 400-4000) | 2.5% Fuel Surcharge Waiver across all Fuel Pumps( for transaction between Rs 400-4000) | 2.5% Fuel Surcharge Waiver across all Fuel Pumps( for transaction between Rs 400-4000) |
| Cash Withdrawal Fee | Rs 199/Rs10,000 | Rs 199/Rs10,000 | Rs 199/Rs10,000 |
| Late Payment Charges | Rs 350 | Rs 350 | Rs 350 |
| Late Payment Fee | Rs 350 | Rs 350 | Rs 350 |
| Overlimit Charges | 500 | 500 | 500 |
| Maximum Credit Free Period | 48 days | 48 days | 48 days |
| Add On Card -Annual fee | Free | Free | Free |
| EMI on call facility | Yes | Yes | Yes |
| Interest Rate on EMI on call | 0% | 0% | 0% |
| Processing fee on EMI on call | 0% | 0% | 0% |
| Repayment charges for EMI on call | 0% | 0% | 0% |
| Personal loan facility on Credit card | NA | NA | NA |
| Interest Rate on Personal loan facility on Credit card | NA | NA | NA |
| Processing fee on Personal loan facility on Credit card | NA | NA | NA |
| Prepayment charges for Personal loan facility on Credit card | NA | NA | NA |
| Railway Booking surcharge | 1.8% or 2.5% waived on transaction amount(Maximum Railway surcharge waiver of only Rs500) | 1.8% or 2.5% waived on transaction amount(Maximum Railway surcharge waiver of only Rs500) | 1.8% or 2.5% waived on transaction amount(Maximum Railway surcharge waiver of only Rs500) |
| Balance transfer processing charges | Rs 199 | Rs 199 | Rs 199 |
| Minimum Repayment Amount | Min 5% | Min 5% | Min 5% |
| Foreign Currency Transaction-Surcharge | 3.50% | 3.50% | 3.50% |