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First Time in History of Credit Cards , Pay For Increasing Preapproved Credit Card Limit In Kotak

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First Time in History of Credit Cards , Pay For Increasing Preapproved Credit Card Limit In Kotak


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flushed

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see this.... i know annual fee for credit cards,... but never saw monthly fee fore credit cards.

monthlyfee

Finance Mentor Finance Mentor
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Card with monthly fees are there from long , ICICI started some time back...

RBL , SCB already have cards with monthly fees from long

Finance Ninja Finance Ninja
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Nice move by Kotak bank, hope other banks will also follow 👍🏼👍🏼

But it should be Rs500+GST for next 1 year. After 1 year banks should decrease the credit card limit, if we dnt pay Rs500+GST.

Bank should also charge Rs1000+GST to Rs10,000+GST for HNI holders. They will happy to pay for increasing their credit card limits.

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scream

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Commentator Commentator
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Kotak is a beggar bank.

Deal Cadet Deal Cadet
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Bhikari bank 

Finance Ninja Finance Ninja
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Nai chahiye credit limit waise bhi bekaar card hai

Finance Mentor Finance Mentor
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100+gst ka ubala hua aloo khilado ek baar mein in bhookhe banks ko, mazaa a jayega aur phir na maangega...

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Sooner or later,  they will charge for looking at their credit card

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what the .... LOL!
Wingman Wingman
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I prefer using lifetime free cards knowing the fact that they are offering low rewards. And almost all cards are lowering down reward values on top of that pre approved limit increase fees.

Deal Cadet Deal Cadet
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flushed flushed
Deal Cadet Deal Cadet
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Kotak bank is not in line with competition offerings
Deal Newbie Deal Newbie
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I was thinking about it when my hdfc cc limit increased by 20% last month, why the banks use the term "free cl upgrade offer" Now, i got the answer
Finance Mentor Finance Mentor
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This is first of a Kind move by any bank, prior to this no bank has ever charged a single penny for Credit limit inhancement.
Deal Cadet Deal Cadet
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I too got same sms, mentioning to pay 100+GST for limit increase.

Got another msg to upgrade to other worst card by paying 1500 annually.

By seeing above sms I thought Kotak kya maal phuk Raha hey laughing laughing

Deal Cadet Deal Cadet
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If there is an oscar for chors, Kotak will get it. Every possible fee can be charged by them, be it savings account or credit card or loan. They can charge a fee for a fee too.

Generous Generous
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In the meantime

Axis Bank: Hold My beer beers beer joy

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