Kotak credit Cards

Kotak Credit Cards symbolize the following guiding principles:

Simplicity

Kotak Credit Cards are simple to understand and use. We have taken special care to make them hassle free so that you can spend time on more important things in life that require your attention.

Transparency

Kotak Credit Cards are transparent in communicating upfront what the Card offers and what you would have to spend for it, if at all. We have taken care that there will be no hidden charges associated with this Card.

Relevance

Kotak Credit Cards have understood what you need the most from your credit Card, and have been designed to give you only those benefits that are most relevant for you.

This promise from Kotak ensures that you only get the best from your credit Card!

The Kotak Trump Gold Card has been specifically designed for salaried segment. We have kept in mind the major spend areas for you, such that we give you the most relevant benefits & you can derive the maximum out of it.

The Kotak Trump Card is a VISA Gold Card.

Only Kotak Trump Gold Card offers you a unique every time & every where advantage - 10% cashback on dining & movies. We give you the freedom to choose the restaurant you wish to dine at it or a movie theatre you like to go to and avail of the cashback every time you use the Kotak Trump Gold Card.

Besides this, enjoy complete railway surcharge waiver & exciting EMI & BT plans that no one else offers.

There is no annual or joining fee for the Kotak Trump Gold Card. Kotak Trump Gold Card is free for life.

Yes, this Card is valid internationally.

Yes, you enjoy an interest free period on retail transactions of up to 48 days.

The interest free period is limited only to the retail transactions & does not include cash transactions. The interest starts accruing from the date of cash withdrawal.

The interest applicable to you is 3.3% per month.

A Mark up is charged to the tune of 3.5% every time you do an international transaction. Cash and Retail transactions will both attract a Mark up.

If your transactions cross 100% of your credit limit, you will be charged a flat over limit fee of Rs 500 in each billing cycle that you are over limit.

If in a billing cycle your payment received till the payment due date is lesser than MAD it will attract a flat late payment charge of Rs 500 in the next billing cycle.

Interest charges = (Number of days for which a balance is held) * (Amount) * (Daily rate of interest)

Daily rate of interest = (Monthly interest rate) * 12/365

Daily rate of interest = (3.1%) * 12/365 = 0.1019%

Please note that the per day interest rate in the above calculation is for illustration purpose only and the actual applicable rate shall be as prevailing and quoted in the schedule of charges.

Yes, Add-on Cards are available on Trump Gold Card for a one time fee of Rs 299 per card.

Yes, all Trump features can be availed by the Add-on Card holder.

The monthly cashback limit of Rs 800 has been set up for the Primary & Add-on Cards combined. Hence, the Add-on Card holder will not get any separate cashback.

There is currently no rewards program on the Trump Gold Card.

10% Cashback is offered to the customers on Restaurants & Entertainment MCC (Merchant Category Codes) as defined by VISA. This would also include Bars, Pubs & anything else classified under Restaurants MCC. Entertainment would include Movie and Play theatres. Cashback is specifically not offered on Hotel MCC as specified by VISA.

Yes you can avail of the cashback if the coffee shops & pizza outlets are mapped under the Restaurant MCC in VISA mapping. As per VISA data majority of coffee shops and pizza outlets are identified as under Restaurant MCC and hence the customer will enjoy a 10% Cashback.

Restaurants within Malls & Department store are mapped as malls; hence no cashback will be earned on them.

Hotels are strictly barred from any cashback. For e.g. If a customer eats at TAJ or ITC Grand Maratha they will not receive cashback.

It is available at all outlets mapped under ’Entertainment’, so apart from Multiplexes all theatres etc are also included in the cashback.

As given above all Multiplexes under Entertainment are included in this offer.

Yes, it can as we will be providing cashback on the amount once the customer is billed.

All play theaters are mapped under Entertainment MCC & hence the customer will enjoy a 10% cashback at all places.

If you book the tickets from a 3 party website e.g. Book My Show, you will not be earning any cashback if they are not mapped under Entertainment MCC. However if you book on the website of a particular multiplex etc www.pvrcinemas.com, you will be entitled for 10% cashback.

The maximum transaction amount for a single swipe is Rs 4000; hence the maximum cashback that a customer can earn in a single transaction is Rs. 400. If the transaction value for example is Rs 4500, you are not entitled for any cashback.

The maximum cash-back available to you in a month is Rs 600. Please note that only the first 5 Dining and Movie transactions in a cycle earn cash-back. Once these limits are exhausted, you will not be entitled for any more cash-back on dining & entertainment in that cycle.

Cashback would appear in your statement following transaction date. You will be billed the complete transaction amount and the cashback would appear as a credit entry.

You would not earn 10% cash-back on dining and entertainment under the following scenarios:

• You have continuously defaulted in your last three payments due.
• You have already exhausted the cash-back limit of Rs.600 per cycle.
• You have already exhausted the limit of 5 dining and movie transactions per cycle.

On purchasing of rail tickets online the customer levied a 1.8% surcharge. Kotak Gold Card offers you a Railway Surcharge Waiver on this.

No. There is no waiver applicable on the delivery charge.

You can earn up to Rs 500 annually as Railway Surcharge waiver.

Yes, the 2.5% surcharge waiver is applicable at booking counters as well if you use your Kotak Gold Card to buy the tickets.

No there is no special service offered. The surcharge will be automatically reversed if you cancel the tickets.