M16S / Kotak Mahindra Bank / Kotak 811 Credit Card
entry · rewards
Kotak 811 Credit Card
The Kotak 811 Credit Card costs Rs 500 a year, waived if you spend Rs 50,000 in a year. Its base return is 0.25% (1 point per Rs 100 offline). Accelerated earn: 2 points per Rs 100 online. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 31 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- Rs 50,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
What changed on this card
- Kotak changes minimum amount due to 1% of purchases, Jun 2025
From 1 Jun 2025 Minimum Amount Due is 1% of purchase transactions and cash advances, plus 100% of EMI, fees and charges (including finance or interest charges), taxes and any over limit amount, plus any unpaid prior MAD. The earlier basis was 5% of purchases plus 5% of finance charges. Source: Kotak Mahindra Bank, kotak.bank.in, read 28 Oct 2026
- Kotak 811 caps utility rewards and drops categories, Jun 2025
With effect from 1 Jun 2025 reward points on utility spends are earned only up to Rs 35,000 per statement cycle. Education, wallet loading, fuel, rent, government, insurance and online skill based gaming stop earning, and these spends no longer count toward milestones. Source: Kotak Mahindra Bank, kotak.bank.in, read 28 Oct 2026
- Kotak 811 cuts cash redemption to Rs 0.10 per point, Jun 2025
With effect from 1 Jun 2025 redemption value of reward points falls from Rs 0.25 to Rs 0.10 per reward point, with a minimum of 2,000 reward points for cashback redemption. Redemption against mobile recharge, shopping and similar categories stays at Rs 0.25 per point. Source: Kotak Mahindra Bank, kotak.bank.in, read 28 Oct 2026
- Kotak 811 revises fuel surcharge waiver terms, Jun 2025
With effect from 1 Jun 2025 the 1% fuel surcharge waiver applies to transactions between Rs 500 and Rs 4,000, with a maximum waiver of Rs 3,500 in each calendar year. Source: Kotak Mahindra Bank, kotak.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 500 |
|---|---|
| Annual fee | Rs 500 |
| Annual spend that waives the fee | Rs 50,000 |
| Fee notes | Rs 500 joining and annual; annual waived on Rs 50,000 retail spend in a year. Add-on Rs 200. |
Rewards
| Welcome benefitunverified | 500 bonus points on Rs 5,000 spend within 45 days (aggregator) |
|---|---|
| Reward currency | Reward Points |
| Base earn | 1 point per Rs 100 offline |
| Base returnunverified | 0.25% |
| Point valueunverified | 1 point = Rs 0.25 (aggregator) |
| Accelerated earn | 2 points per Rs 100 online |
| Spends that earn nothing | No rewards on education, wallet loads, fuel, rent, government, insurance or online skill-based gaming; utility spends earn only up to Rs 35,000 per statement cycle |
| Milestone benefitsunverified | 3 PVR tickets on Rs 75,000 anniversary spend (issuer listing; aggregator says 4 tickets or Rs 750 cashback) |
| Reward notes | Earn rates and milestone are on the issuer listing page; point value from Card Insider. base_return_pct = 1 point per Rs 100 x Rs 0.25. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on Rs 500-4,000 txns, cap Rs 3,500 per 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 | 2.5% min Rs 500 |
| Eligibilityunverified | Age 18-65 (aggregator) |
| Fine-print notes | Dedicated product page not read. 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 Credit Card?
- Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.
- Does the Kotak 811 Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the Kotak 811 Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Kotak 811 Credit Card?
- No rewards on education, wallet loads, fuel, rent, government, insurance or online skill-based gaming; utility spends earn only up to Rs 35,000 per statement cycle