All cards / Kotak Mahindra Bank
Kotak 811 Credit Card
Kotak's unsecured, no-income-proof-friendly entry card (distinct from the FD-backed 811 #DreamDifferent) with a modest, easily waived Rs500 annual fee and a PVR ticket milestone, aimed at first-time cardholders.
Annual fee
₹500
Joining fee
₹500
Reward type
points
Base reward rate
1%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 680+ whose spend is concentrated in online shopping. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 1% base rate
Benefits by category
- 🛍️ Shopping
2% reward rate
- ⛽ Fuel
1% fuel surcharge waiver, plus railway surcharge waiver
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 680
- Minimum monthly income: ₹15,000
- Employment: salaried, self-employed
- Age: 21–60
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹50,000
- Foreign currency markup: 3.5%
- Interest rate: 45% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver, plus railway surcharge waiver
Benefits
- 500 bonus reward points on spending ₹5,000 within 45 days of card issuance
- 1% fuel surcharge waiver, plus railway surcharge waiver
- 3–4 complimentary PVR movie tickets on ₹75,000 annual spend
Pros
- + Low annual fee of Rs500, waived at Rs50,000 spend in the previous year
- + Accessible income requirement for an unsecured card
- + PVR ticket milestone benefit (3 tickets on Rs75,000 spend)
Cons
- − No reward points on fuel purchases
- − Reward rate is unremarkable outside online shopping