M16S / Kotak Mahindra Bank / Kotak 811 Dream Different Credit Card
entry · secured, rewards
Kotak 811 Dream Different Credit Card
The Kotak 811 Dream Different Credit Card charges no annual fee, with a joining fee of Rs 424. Its base return is 0.2% (1 point per Rs 100 (aggregator)). Accelerated earn: 2 to 4 points per Rs 100 online (aggregator page is internally inconsistent). The forex markup is 2%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 31 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- 0.2%
- Forex markup
- 2%
- Interest
- 3.75%a month
Apply on kotak811.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 424 |
|---|---|
| Annual fee | Free |
| Fee notes | Joining Rs 250, waived if the credit limit is Rs 18,000 or more at activation. KFS/MITC add an annual fee of Rs 424 from 1 Sep 2026 with no waiver (earlier nil); table layout was ambiguous, so confirm. A metal variant is listed at Rs 3,500. Rs 170 cancellation fee if closed within 90 days (from 1 Sep 2026). |
Rewards
| Welcome benefitunverified | 500 bonus points on Rs 5,000 spend within 45 days (aggregator) |
|---|---|
| Reward currency | Reward Points |
| Base earnunverified | 1 point per Rs 100 (aggregator) |
| Base returnunverified | 0.2% |
| Point valueunverified | 1 point = Rs 0.20 (aggregator) |
| Accelerated earnunverified | 2 to 4 points per Rs 100 online (aggregator page is internally inconsistent) |
| Spends that earn nothingunverified | Cash withdrawals, fuel, railway (aggregator) |
| Milestone benefitsunverified | Rs 1,000 Amazon voucher on Rs 72,000 anniversary spend (aggregator) |
| Reward notes | Rewards data is from Card Insider only; the Kotak811 product page renders by script and could not be read. base_return_pct = 1 point per Rs 100 x Rs 0.20. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markup | 2% |
| Fuel surcharge waiver | 1% on Rs 500-4,000 txns, cap Rs 3,500 per anniversary year; railway surcharge waiver up to Rs 500 |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | By outstanding balance: <=100 nil; 100-500 Rs 100; 500-1,000 Rs 500; 1,000-5,000 Rs 600; 5,000-10,000 Rs 750; 10,000-25,000 Rs 900; 25,000-50,000 Rs 1,100; >50,000 Rs 1,300 |
| Cash advance fee | Rs 100 per ATM withdrawal or fund transfer; cash advances interest-free within the billing cycle |
| Eligibility | Issued against a Kotak term deposit of at least Rs 10,000, tenure at least one year one day, auto-renewal; HUF and partnership firm deposits not eligible; no income proof. Terms state a limit of 80% of the deposit; the product page says up to 90%. |
| Fine-print notes | No longer strictly lifetime free from 1 Sep 2026 if the Rs 424 annual fee reading is right. Rent costs 2%. No overlimit fee. MITC surcharges: 1% on utility spend above Rs 35,000/cycle, fuel above Rs 25,000/cycle, wallet loads above Rs 10,000/cycle, online gaming above Rs 10,000/cycle, education via third-party apps; rent 1% + GST. |
Questions
- What is the annual fee of the Kotak 811 Dream Different Credit Card?
- No annual fee.
- Does the Kotak 811 Dream Different Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the Kotak 811 Dream Different Credit Card?
- 2% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Kotak 811 Dream Different Credit Card?
- Cash withdrawals, fuel, railway (aggregator)