Kotak launch Virtual only Lifetime free UPI RuPay Credit Card:
Features -
Earn 3 Reward Points* per ₹100 spent
Enjoy facility of making UPI Payment with your credit card.
Go wallet free by making instant payments with your credit card.
No Joining & Annual Fees for life time.
*Reward Points will not be accrued for transaction categories such as: Rent, Fuel, Railway, Wallet Loading, EMI, Education & Balance Transfer
#Regular Credit Card Transactions include Online/E-Commerce and International Transactions made virtually
To enable E-Com/Online & International Transactions & manage card usage settings, please click on “Card Control” Tab under “Card Overview” Section in Kotak Mobile Banking App.
| Fee & Other Parameters | Kotak UPI RuPay Credit Card | |
|---|---|---|
| Joining Fees | Nil | |
| Annual Fees | Nil | |
| Add on Card Benefit (Virtual Card) | Not Applicable | |
| Interest Charges on outstanding Balances | 3.5% (Annualized Rate - 42%) | |
| Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due) | MAD can be 5% or 10% of TAD as decided by the Bank | |
| Late Payment Charges ("LPC") | Due as per last statement | LPC Charges |
| <₹ 100 | ₹ 0.0 | |
| ₹ 100 – ₹ 500 | ₹ 100 | |
| ₹ 501 – ₹ 5,000 | ₹ 500 | |
| ₹ 5,001 – ₹ 10,000 | ₹ 600 | |
| ₹ 10,001 – ₹ 25,000 | ₹ 800 | |
| ₹ 25,001 – ₹ 50,000 | ₹ 1000 | |
| >₹ 50,000 | ₹ 1200 | |
| Over Limit Charge | ₹ 500 | |
| Cheque Bounce Charges | Higher of (2% of bounce amount or ₹ 500) | |
| Auto Debit Return Charges | Higher of (2% of bounce amount or ₹ 450) | |
| Foreign Currency Mark Up | 3.5% per transaction + GST | |
| Railway Booking Surcharge Waiver | Not Applicable | |
| Fuel Surcharge Waiver | Not Applicable | |
| Fee for Cash payment at Bank | ₹ 100 | |
| Reissue/ Replacement Card (per Card) | Nil (As it is a virtual card) | |
|
Note: GST/Applicable taxes, would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your Credit Card. | ||
Finance
Credit Card
demerius2020 wrote:SMS mila. Wait karo sab ko aayega ya app se apply option milega jald he.
ye batao koi
demerius2020 wrote:
ye batao koi
Sabka (badala lega ye Faizal (kotak)) card banega.. mama ka, papa ka, Bhai ka...
abhishek012 wrote:
SMS mila. Wait karo sab ko aayega ya app se apply option milega jald he.
@Xtreme1319
How did you apply through email or you got randomly msg for apply.
abhishek012 wrote:
Yes, we complaint on Monday and BIN added within a few hours.
ICICI finally added RuPay Coral CC BIN on Amazon Discount offers + EMI offers - https://www.desidime.com/discussions/icici-fina...
Note - offer started from 18th sept working, old existing offers are not working.
@murari333
Is this virtual card accepted from flipkart big billion day?
thiru.vetti wrote:Yes.Is this virtual card accepted from flipkart big billion day?
abhishek012 wrote:Thanks. Also I had a question since you are the Oogway of Credit Cards 😊
Yes.
abhishek012 wrote:
SMS mila. Wait karo sab ko aayega ya app se apply option milega jald he.
@Xtreme1319
I got the link last Friday and fill it same day. When can I expect my card to be generated?
Anyone got above invite who is holding kotak pvr gold card it seems only core card upgrades done by kotak not for co branded .
Please guide will they offer or need to approach kotak cc last time I had conversation over call & Twitter but they didn't agreed or told to we can't process this virtual card request from our side it system based.
abhishek012 wrote:
SMS mila. Wait karo sab ko aayega ya app se apply option milega jald he.
@Xtreme1319
I have received invitation on WhatsApp and it started showing after 4 days👍🏼
1000 reward points =100rs
3 rp for 100
So basically 0.3% cashback,
kotak giving tough competition to Bajaj and Cred.
You can use ICICI Coral RuPay CC LTF Card there.
ICICI finally added RuPay Coral CC BIN on Amazon Discount offers + EMI offers - https://www.desidime.com/discussions/icici-fina...
Note - offer started from 18th sept working, old existing offers are not working.
@murari333