Kotak811 Credit Card

You can get a credit card that is secured by a fixed deposit. The FD acts as collateral, which is why getting approval for a secured credit card is easier. It does not require you to have a good credit score. The documents required are also minimal. The credit limit is typically set at 80%-90% of the FD amount.

No, it does not. Even when you spend using your credit card, your fixed despot remains intact. There is no withdrawal or overdraft from your fixed deposit. In fact, your FD continues to earn interest. However, it is crucial to pay your credit card bills on time, as missing payments can impact your FD.

A credit card against a fixed deposit does not require a high CIBIL score. In fact, there may be no credit history checks. You don't need to submit your income documents to apply for a secured credit card, like the Kotak811 DreamDifferent Credit Card.

You may have bought home appliances or taken a vacation, significantly increasing your credit card bill. Don't worry. You don't need to clear it at once. You have the flexibility to convert your credit card repayment into EMIs (equated monthly instalments) and repay a part of the due amount each month.

A premium option, like the Kotak811 Credit Card, offers several outstanding features and benefits. These include welcome bonuses, reward points against online and offline spends, annual fee waivers, PVR tickets or cashback, and railway & fuel surcharge waivers.

You can redeem your reward points for a variety of things, such as mobile recharges, shopping across 10,000 products, e-vouchers across various brands, movie tickets, travel sites, and much more. The deals may differ from month to month.

Kotak811 offers two cards designed for different needs. The Kotak811 Credit Card is an unsecured card that offers reward points, cashback, fuel surcharge waivers, and EMI conversion options. The Kotak811 Dream Different Credit Card is a secured card issued against a fixed deposit. It requires no CIBIL score or income proof, offers a credit limit up to 90% of your FD value, and comes with lifetime-free usage.

You can apply directly through the Kotak811 Mobile Banking App. Existing Kotak811 customers can log in, go to the credit card section, and complete the VKYC process. Once approved, your virtual card is issued instantly, and the physical card (if opted) is delivered in a few working days. New users can first open a Kotak811 Savings Account and then apply within the app itself.

For the Dream Different Credit Card, no income documents or credit history are required since it’s backed by your fixed deposit. You only need your PAN and KYC details. For the 811 Credit Card, eligibility depends on your credit profile and income assessment done during the application.

A secured credit card uses your fixed deposit as collateral. When you apply for the Dream Different Credit Card, Kotak811 marks a lien on your FD (minimum ?10,000 for 181 days). You can use the card just like a regular credit card, and your FD continues earning interest. The bank only uses the FD amount if payments remain unpaid after due notice.

The 811 Credit Card offers reward points on every transaction, 500 welcome bonus points, 1% fuel surcharge waiver (up to ?3,500 per year), and milestone perks. You can also convert large purchases into EMIs and enjoy EMV chip security with transparent limits and no hidden charges.

The Dream Different Credit Card is lifetime free, offers up to 90% of your FD value as your credit limit, and helps you build or rebuild your credit score. You also enjoy milestone vouchers up to ?1,000, fuel and railway surcharge waivers, reward points that never expire, and a free OTT Play subscription with a ?250 joining voucher if customer spends Rs1000 in first 30 days.

Yes. For the Dream Different Credit Card, you can increase your limit by linking additional fixed deposits. For the 811 Credit Card, your limit may be increased based on your spending pattern and payment history after consistent usage.

Your FD remains intact as long as you pay dues on time. If you miss payments repeatedly, the bank may recover the outstanding amount from your linked FD after following due process.

No. The Fixed Deposit remains under lien until you close the credit card and clear all dues. Once done, your FD is released and continues as a normal deposit.

Yes. Your FD continues to earn the contracted interest rate. Linking it to a credit card does not stop or reduce the interest accrual.

You can easily convert eligible transactions into EMIs from the Kotak811 App. Select the transaction, choose a tenure, and confirm. The conversion will reflect in your next billing cycle.

If payment isn’t made by the due date, interest and late payment charges are applied to the outstanding balance. Repeated delays can lower your credit score. Always pay at least the Minimum Amount Due to avoid penalties.

You can enjoy an interest-free period of up to 48 days on retail purchases, provided you pay the total outstanding balance before the due date.

All Kotak811 Credit Card statements, transactions, and reward balances can be viewed within the Kotak811 Mobile Banking App. You can also download e-statements, pay dues, and track your spending in real time.

Reward points can be redeemed through the Kotak811 App for shopping, flight bookings, movie tickets, mobile recharges, and e-vouchers from partner brands. Dream Different rewards do not expire, allowing long-term accumulation.

You can set, change, or reset your credit card PIN directly in the Kotak811 App. You can also block/unblock your card, manage international or contactless usage, and set spending limits instantly.

Yes. Both cards are enabled for domestic and international use. The Dream Different (RuPay) variant also supports UPI payments, allowing you to tap, scan, and pay securely.

Yes. Add-on cards can be issued to eligible family members aged 18 years or older. All transactions and limits are managed under the primary cardholder’s account.

Timely repayment, regular usage, and keeping credit utilisation below 30% of your limit help build a strong credit profile. The Dream Different Credit Card is especially useful for individuals new to credit, as it helps establish a track record with bureaus like CIBIL.