Kotak Credit Cards devaluation from Aug 1st 2023
- 1086
- 7
-
- Last Comment
From 01/08/23, on min. spends of INR 60,000 in a calendar quarter with your Kotak Credit Card 8139 you get 2 Domestic Lounge visits in the next quarter. T&C
Absolutely horrible for already useless cards!!
This devaluation is applicable on following cards:
- Mojo Platinum
- Royal Signature
- Zen Signature
Expired
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
6 Comments
|
5 Dimers
- Sort By
https://www.desidime.com/discussions/kotak-credit-cards-devaluation-from-aug-1st-2023?page=1#post_9374363
Nothing for international lounges?
I have plenty of cards for domestic lounges.. Zen is the one I was keeping for international lounge access.
https://www.desidime.com/discussions/kotak-credit-cards-devaluation-from-aug-1st-2023?page=1#post_9375791
Nice more, hope other banks will soon follow.
Aise 5 mahine pahele he maine suggestion diya tha. Uday Kotak (Kotak Bank Founder & CEO) aise bhi kuch jada he active rahete hai twitter par, shayad tweet padh liya hoga. 😛😛
https://www.desidime.com/discussions/kotak-credit-cards-devaluation-from-aug-1st-2023?page=1#post_9378851
Ouch @ icici cause poor rewards on top of that, spend based lounge access... now it seems 2025 might see customers paying 1% for credit facility instead of RP/CB... @abhishek012
https://www.desidime.com/discussions/kotak-credit-cards-devaluation-from-aug-1st-2023?page=1#post_9378969
No, 1% cashback is sufficient for all credit card except co-branded cards.
Premium cards - lounge access should be min. spends of 50k/1 lakh in a calendar quarter to get 2 Domestic Lounge visits in the next quarter.
HNI credit card - Instead of cashback, banks should be Airmiles to HNI credit card holders.
Premium cards - lounge access should be min. spends of 50k/1 lakh in a calendar quarter to get 2 Domestic Lounge visits in the next quarter.
HNI credit card - Instead of cashback, banks should be Airmiles to HNI credit card holders.
Click here to reply
Reply
Y mojo it's a paid card right 1k fees