Enjoy a lifetime-free credit card
Grab milestone benefits up to ₹1,000
Build your credit score along the way
Get Free OTT play & ₹250 Gift voucher
No CIBIL score required
No credit checks, no income proof - just swipe and enjoy with Kotak811 Dream Different Credit Card.
Your credit limit, your choice
Choose your credit limit by linking multiple FDs to your Credit Card.
Tap, Scan & Pay with UPI on RuPay Credit Card
Experience seamless payments with your RuPay card on UPI- easy, fast & secure.
Apply Now
Experience seamless payments with your RuPay card on UPI- easy, fast & secure.
Rewards crafted for you
Credit Card that gives back
- Lifetime free credit card
- Fuel and railway surcharge waiver
- An add-on card with all the existing benefits
Dream Different Credit Card: All You Need to Know!
The Dream Different Credit Card is an FD-backed credit card, which means it is issued against a Fixed Deposit. Your credit limit is 90% of your FD amount. So, you can easily increase your credit limit by linking multiple FDs to your card.
The best part is that your credit card bill won't affect your FD or Savings Account balance, as long as you pay your bill on time. You will continue to earn high interest on your FD with timely payments, which will also improve your CIBIL score.
Card Highlights
Add FDs to increase your card’s credit limit
Never ending rewards your credit card anytime
Features & Benefits
Affordable FD Amount
People having individual fixed deposit of a minimum of ₹10,000.
Credit Limit
The credit limit offered on secured credit cards is 90% of the deposit amount.
No Documentation
You do not need any documents to avail a Credit Card.
Minimum Tenure
The minimum tenure of the fixed deposit should be 181 days
Rewards
Cardholders can earn reward points on purchases made using the card.
Interest on fixed deposit
Even while using your fixed deposit as collateral, you'll continue earning interest. It can be a great way to earn extra money while building your credit history.
Dream Big, Spend Smarter!
Apply NowMore about Kotak811 Dream Different Credit Card against FD
The Kotak811 Dream Different Credit Card against FD is a smart, hassle-free credit solution for those looking to enjoy credit benefits without the burden of credit scores or income proofs. You can avail this credit card by simply booking a Fixed Deposit (FD), after which you can enjoy extensive rewards, and flexible credit limits. Whether you are looking for the best FD credit card or a convenient way to enhance your credit score, the FD-backed credit card by Kotak811 offers a streamlined, accessible option.
Features of Kotak811 Dream Different Credit Card
- No Documentation Required: Apply online seamlessly without submitting income proof or additional documents.
- Flexible Credit Limits: Link multiple FDs to enhance your credit limit, making this a FD-linked credit card that provides financial control.
- Interest-Free Cash Withdrawal: Withdraw up to 90% of your credit limit without incurring interest for up to 48 days.
- Processing fee: ₹100 per withdrawal or fund transfer.
- Reward Points: Earn 4 reward points per ₹100 spent on online transactions and 1 reward point per ₹100 spent on all other spends.
- Balance Transfer: Enjoy a seamless balance transfer with a processing fee of ₹349 per ₹10,000 transferred. Fresh retail purchases continue to enjoy the interest-free period.
- Add-on Card: Customise spend limits, track transactions separately, and enjoy all the benefits of your primary card.
Benefits of Kotak811 Dream Different Credit Card
- Welcome benefits: Get 3 months OTT Play subscription at ₹1 and a ₹250 gift voucher on card activation.
- Milestone rewards: Spend ₹72,000 in a year and get an Amazon voucher worth ₹1,000, or spend ₹36,000 in a year to get a ₹250 voucher.
- Fuel surcharge waiver: 1% waiver on fuel transactions between ₹500 and ₹4,000, up to ₹3,500 per year.
- Railway surcharge waiver: Waive off up to ₹500 annually:
- 1.8% waiver on IRCTC bookings
- 2.5% waiver at railway ticket counters
- Add-on card benefits: Your add-on card also enjoys all the benefits available on the primary card.
- Continued FD earnings: Your linked Fixed Deposit keeps earning interest, even while securing your card.
Eligibility Criteria
- Age Requirement: 18 to 75 years for primary cardholders, 18+ for add-on cardholders.
- Minimum FD Amount: ₹10,000 with a minimum tenure of 181 days.
- Indian Residents Only: NRIs can apply via offline process only.
- Eligible FDs: Individual Term Deposits only.
- Excluded FDs: Tax Saver, NRI, Sweep-in, Non-Withdrawal, and Minors’ FDs.
- PAN Requirement: PAN must be updated and operative.
Fees & Charges
- Interest Charges: 3.75% per month (Annualised 45%).
- Foreign Currency Markup: 0.035%.
- Late Payment Charges: ₹500 for dues of ₹100 or more.
- Processing Fee for Cash Withdrawal / Fund Transfer: ₹100 per instance.
- Over Limit Charge: Nil.
- Rent Payments: 2% of the transaction amount + GST (effective 15th April 2024 for new cardholders and 1st June 2024 for existing cardholders).
- Pre-closure Charges: 3% on outstanding principal of personal loan on credit card.
How to Apply for Kotak811 FD Credit Card?
Applying for your FD credit card with Kotak811 is simple and fully digital. You can apply for the Kotak811 Dream Different Credit Card Against FD in two ways:
- Kotak811 Mobile Banking App: Log in to the Kotak811 Mobile Banking App, navigate to the Credit Card section, and follow the steps to apply.
- Website: Visit the Dream Different Credit Card Page on Kotak811 website, click on 'Apply Now', and share your details.
With Kotak811, you can apply for a FD credit card online. This FD backed credit card is perfect for those looking to build credit, enjoy flexibility, and gain access to premium benefits.
If you are not an existing Kotak811 customer, simply open a 811 Savings Account, download the 811 mobile banking app and proceed with the credit card application.
Why Choose Kotak811 Dream Different Credit Card against FD?
Get more out of your fixed deposit with Kotak811 Dream Different Credit Card:
- Tap into instant credit while your FD continues to earn interest.
- Build your credit score without income proof or salary slips.
- Skip the paperwork with an easy online application process.
- Save more with zero annual fees - now and forever.
- Earn rewards, milestone vouchers, and surcharge waivers as you spend.
- Strengthen your financial profile by opting for a credit card against FD.
Apply today through our website or the 811 Mobile Banking App and start enjoying the benefits of your FD-backed credit card!
Ask 811
Frequently Asked Questions
Dream Different Credit Card is an FD backed Credit Card. You continue to enjoy the interest rate on FD as well as rewards on your Credit Card.
You can check your payment dues & repay via Kotak811 Mobile Banking App. Your Credit Card dues are not adjusted against your FD.
You can increase your Dream Different Credit Card limit via linking multiple FDs: Go to Kotak811 Mobile Banking App > Credit Card Section > Increase Credit Limit
Since this is an FD backed Credit Card you cannot withdraw your FD. Your FD continues to earn interest while you can make all your spends on the Credit Card.
