Apply for Kotak Infinite Credit Card Online
For those who hate to compromise, this Card is for you.
|Fee & other Parameters||Kotak Infinite Credit Card|
|Condition for waiver of Annual Fees - First Year||NA|
|Condition for waiver of Annual Fees - Second Year||NA|
|Addon card Fees||Nil|
|Interest Charges on outstanding Balances||3.10% (Annualized 37.2%)|
|Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)||MAD can be 5% or 10% of TAD as decided by the Bank|
|ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof||Rs. 300|
|Late Payment Charges ("LPC")||Rs. 100 for statement o/s less than or equal to Rs. 500.|
|Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10000.|
|Rs. 700 for statement o/s greater than Rs. 10,000|
|Over Limit Charge||Waived|
|Cheque Bounce Charges||Rs. 500|
|Foreign Currency Mark Up||2%*|
|Railway Booking Surcharge (on transaction amount)^||Waived|
|Fee for Cash payment at Bank||Waived|
|Outstation Cheque Processing Fee||Waived|
|Reissue/ Replacement Card (per issunace)||Waived|
|Charge Slip Request||Waived|
|Machine Surcharge at ATMs||Waived|
|Balance Enquiry Charges at Non Parent Bank ATM||Waived|
|Duplicate Statement Request||Waived|
|Web Pay Service Fee||Waived|
|All the taxes would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your Credit Card|
|^Maximum Railway surcharge waiver of Rs. 500 in a calendar year|
|**Fuel surcharge to be waived only for transactions between values of Rs. 400 - Rs. 4000. Maximum Fuel surcharge waiver of Rs. 4500 in a calendar year|
|*With effective 16th October 2019, foreign markup fee would be reduced to 2%|
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A. Credit card companies and banks charge higher fees to recover the cost of lending money to customers. But, they urge merchants not to pass credit card swipe charges to customers and instead bear it themselves. In some places, merchants can charge customers an extra fee for using credit or debit cards to cover the processing costs.
A. The easiest way to pay rent is using credit cards. In this nothing is debited from your bank account. Instead the money is paid via the available line of credit. Rent payment through credit card is easy and just a few clicks away when it is linked to your UPI enabled app. Now you know how to pay rent through credit card.
A credit card is a transactional card that enables the holder to make purchases of goods and services or withdraw advance cash on credit.
You may proceed with the balance transfer option if you see possible savings out of it. Paying high-interest debt doesn’t make sense when you can qualify for a new card with a 0% APR. This way, you can consolidate your debt and pay them off without any hassle. Many balance transfer credit cards offer a 0% or low interest rate on balance transfers for an introductory period, which can allow you to save money on interest charges while you pay down your debt.
The coverage under CPP credit card protection membership in India is generally limited to the protection against loss, theft or misuse of the member's credit cards, debit cards, and other cards. CCP credit card protection also protects unauthorized transactions and emergency card replacement services.
Joining Fee: INR 0|Annual Fee: INR 199
*waived at an annual spend of Rs 15,000/-
Joining Fee: INR NIL|Annual Fee: INR 999
*wavied at an annual retail spend of Rs 1 Lac
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