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811 #DreamDifferent Credit Card by Kotak Mahindra Bank

by Kshitiz V Sharma on

The Bottom Line

811 #DreamDifferent Credit Card
Best Entry Level Card from KMB

2 Reward Points / ₹100 spent online & 1 Reward Point spent on everything else. ₹750 cashback on annual spend of ₹75,000.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield 0.4% 1.0% 0.7% 0.5% 0.4%
Est. Monthly Reward (₹) 15 100 135 245 425
All-India Rewards Rank* 108 48 130 248 280
Within Bank Rank* 2 2 7 9 12
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The 811 #DreamDifferent Credit Card is the best entry-level credit card from Kotak Mahindra Bank. It has relatively low base rewards of 0.25% on all offline spend and 0.50% on all online spend.

It has no annual fee and offers a ₹750 cashback if your annual spending exceeds ₹75,000.

The 811 #DreamDifferent has a net reward yield of 0.4-1.0% on all your spend, including the ₹750 cashback.

If you spend between ₹10,000 – 20,000 a month on your card, consider the Kotak Indigo Ka-ching 6E Rewards Credit Card with a net reward yield of 0.7-1.1%.

The Kotak IndiGo Ka-ching 6E Rewards XL Credit Card is the best choice for Kotak Mahindra Bank customers who charge ₹20,000+ a month on their card. It has a net reward yield of up to 2.3%.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.

The Rewards

Card 811 #DreamDifferent Credit Card
Card Type Reward
Reward Features – 2 Reward Points / ₹100 spent online

– 1 Reward Point / ₹100 spent on everything else

Milestone Rewards – ₹750 cashback on Annual Spends of ₹75,000
Other Rewards Nil
Rewards Redemption Fee Nil
Reward Caps Unlimited
Preferred Redemption Method Redeem on @₹0.25 / reward point

Fees & Charges

Card 811 #DreamDifferent Credit Card
Joining Fee Nil
Annual Fee Nil
Min. Annual Credit Card Spend
for Fee Waiver
Income Criteria Salaried N/A
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 42.00%
Foreign Currency Markup 3.50.%
Cash Advance Charge ₹300/ ₹10,000 withdrawal
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