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| 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.
| 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 kotakrewards.com @₹0.25 / reward point |
| Card | 811 #DreamDifferent Credit Card | |
|---|---|---|
| Joining Fee | Nil | |
| Annual Fee | Nil | |
| Min. Annual Credit Card Spend for Fee Waiver |
N/A | |
| 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 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
