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Kotak Bank Credit Card

 

Kotak Bank Credit Card

Kotak Mahindra is one of most reputed Finance Companies in India. Kotak Mahindra Bank has launched its Credit Cards on May 13, 2008 in four different variants - Fortune Gold Card, Trump Gold Card, League Platinum Card and Royale Signature Card, Kotak Credit cards come with some unique features like Fortune Gold Card has 0% charges for cash withdrawal for maximum 48 days. The bank also offers special services personal concierge for its credit card customers.

Features

Card NameFortune Gold CardTrump Gold CardLeague Platinum Card
NetworkVisaVisaVisa
Joining Fee (in rupees)FreeFree3000-12000
Annual Fee (in rupees)FreeFreeFree
Add On Card - Issue Fee149149NA
Interest Rate -on revolving Credit44.24% p.a44.24% p.a44.24% p.a
Interest Rate -on Cash Withdrawal44.24% p.a (0% for a max of 48 days)44.24% p.a44.24% p.a
Interest Rate - on Balance Transfer0%0%0%
Reward points )NANA1.25 point for every Rs 100 spend
Surcharge on Fuel2.5% Fuel Surcharge Waiver across all Fuel Pumps( for transaction between Rs 400-4000)2.5% Fuel Surcharge Waiver across all Fuel Pumps( for transaction between Rs 400-4000)2.5% Fuel Surcharge Waiver across all Fuel Pumps( for transaction between Rs 400-4000)
Cash Withdrawal FeeRs 199/Rs10,000Rs 199/Rs10,000Rs 199/Rs10,000
Late Payment ChargesRs 350Rs 350Rs 350
Late Payment FeeRs 350Rs 350Rs 350
Overlimit Charges500500500
Maximum Credit Free Period48 days48 days48 days
Add On Card -Annual feeFreeFreeFree
EMI on call facilityYesYesYes
Interest Rate on EMI on call0%0%0%
Processing fee on EMI on call0%0%0%
Repayment charges for EMI on call0%0%0% 
Personal loan facility on Credit cardNANANA
Interest Rate on Personal loan facility on Credit cardNANANA
Processing fee on Personal loan facility on Credit cardNANANA
Prepayment charges for Personal loan facility on Credit cardNANANA
Railway Booking surcharge1.8% or 2.5% waived on transaction amount(Maximum Railway surcharge waiver of only Rs500)1.8% or 2.5% waived on transaction amount(Maximum Railway surcharge waiver of only Rs500)1.8% or 2.5% waived on transaction amount(Maximum Railway surcharge waiver of only Rs500)
Balance transfer processing chargesRs 199Rs 199Rs 199
Minimum Repayment AmountMin 5%Min 5%Min 5%
Foreign Currency Transaction-Surcharge3.50%3.50%3.50%

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

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