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Kotak 811 Credit Card Review

Kotak 811 is a entry-level credit card and carries average level benefits. The card carries a joining and annual fee of Rs 500 each but offers enough value to make it worthwhile if spent wisely. It’s not for credit card enthusiasts or those who hold multiple cards or want high rewards with high spending.

Read our review of Kotak 811 credit card to know the benefits and drawbacks and see if it’s right for you.

Kotak 811 Credit Card

Kotak 811 Credit Card Overview

Card CategoryRewards
Joining FeeRs 500 + GST
Annual FeeRs 500 + GST (waived on annual spending of Rs 50,000 or more)
Welcome OfferGet 500 bonus reward points on spending Rs 5,000 within first 45 days of card issuance
Best Features– 2 reward points per Rs 100 on online spends and 1 point per Rs 100 on other spends.
– Milestone benefit of Rs 750 cashback OR 4 free PVR tickets on spending Rs 75,000 in a year

Fees and Charges

Joining Fee

Rs 500 + GST.

Annual Fee

Rs 500 + GST (waived on annual spend of above Rs 50,000)

Finance Charges

3.5% p.m. (42% p.a.)

Foreign Transaction Fee

3.5% of the transaction value.

Cash Advance Fee

Rs 300 per Rs 10,000.

Reward Redemption Fee


Over Limit Penalty

Rs 500.

Rent Transaction Fee

1% of the Transaction Amount + GST.

Add-on Card fee

Rs 200.

Note: GST as applicable on fees and charges. See full details here at Kotak Mahindra Bank’s website.

Kotak 811 Credit Card Benefits & Features

Kotak 811 credit card is a basic offering and comes with corresponding level of benefits. However, used wisely, the card can more than make up for its joining and annual fees. Explore the benefits below.

Kotak 811 Credit Card Rewards

  • Earn 2 reward points per Rs 100 spent online.
  • 1 reward point per Rs 100 spent on all other spends.
  • No reward points are earned on fuel and Railway spends.

Rewards Redemption

The reward points can be redeemed at Kotak Rewards portal on a range of options such as Domestic flights and hotels, mobile recharges, gift vouchers including Amazon and Flipkart, e-vouchers including BookMyShow, and for shopping from more than 10,000 products available in the product catalog. You can also claim the reward points for statement credit.

The value of 1 reward point is Rs 0.25 (25 paisa).

Welcome Offer

You receive 500 bonus reward points when you spend Rs 5,000 within the first 45 days of card issuance. The value of 1 reward point is 0.25 paisa, so you essentially get Rs 125 as a welcome bonus which you can redeem as per the rewards redemption program.

Annual Spend Waiver

The annual fee of Rs 500 is waived if your annual spending is Rs 50,000 or more.

Milestone Spends Benefit

You get 2 options as milestone benefit on spending Rs 75,000 in an anniversary year.

  • Option 1: Rs 750 cashback. You can claim this cashback within 3 months after the anniversary year is over.
  • Option 2: 4 Free PVR tickets. The tickets can be used for any day and any show and are transferrable.

Fuel Surcharge Waiver

The cardholders get a 1% fuel surcharge waiver on transactions between Rs 500 to Rs 3,000. Annual fuel surcharge waiver capping is Rs 3,500 and fuel spends don’t earn you any reward points.

Railway Surcharge Waiver

Get 1.8% railway surcharge waiver on IRCTC transactions and 2.5% on Railway Booking counters. The maximum benefit is capped at Rs 500 in a calendar year.

Kotak 811 Credit Card – Our take

It’s not a card for credit card aficionados but for beginners. If you’ve been offered this card by the bank on pre-approved basis, and this is your first card or even second and you’re looking to solidify your credit, you can consider getting it. The 811 credit card fares poorly when compared with other cards having the similar fees.

If your spends are high and you’re looking for a more rewarding and beneficial card, look at other options.

How to Apply?

It’s best to apply online since Kotak 811 is known for its fast and hassle-free online application process. Visit the Kotak Mahindra Bank’s website to apply.


  • Applicant should be in the age bracket of 18 years to 65 years and a resident of India.
  • Location – Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune
  • The Bank also considers other factors such as your credit score and income.

Other Kotak Bank credit cards:

  • Kotak 811 #DreamDifferent card: Issued against FD, lifetime free. Comes with almost same benefits and rewards.
  • Kotak Myntra card: 7.5% discount on Myntra, 1.25% bare cashback and 1.25% cashback on UPI spends above Rs 2,000 with RuPay variant. Joining/Annual fees are Rs 500 + GST but compensated by welcome offer and spend based waiver.
  • Kotak IndianOil card: It’s a fuel credit card offering up to 5% savings on fuel and 2% on other spends. Joining/annual fees are Rs 500.

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