Kotak Urbane Gold Credit Card – Features and Benefits
The features and benefits associated with this credit card are:
Kotak Urbane Credit Card Reward Points
- Users earn 3 reward points against every Rs. 100 of retail spends
- Every 1,000 reward points have a redeemable value of Rs. 75
Kotak Urbane Credit Card Insurance
- Users get Urbane Shield security which gets them a cover of Rs. 50,000 against fraudulent use of their card up to 7 days pre-reporting
- On spending over Rs. 1.00 Lakh in a year users can get 10,000 points or 4 free PVR tickets
Kotak Urbane Gold Credit Card – Fees and Charges
|Fees & Charges||Amount|
|Annual Fee||₹ 199. Waived if annual spends exceed ₹ 15,000|
|Interest Charged on Outstanding Balance||3.50%. 42 p.a.|
|Minimum Amount Due||5% or 10% of the total amount due as decided by the bank|
|ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per ₹ 10,000||₹ 300|
Late Payment Charges
|₹ 100 for amount till ₹ 500|
₹ 500 for amount between ₹ 500 and ₹ 10,000
₹ 700 for amounts greater than ₹ 10,000
|Over Limit Charges||₹ 500|
|Cheque Bounce Charges||₹ 500|
|Foreign Currency Mark Up||3.5%|
|Fee for Cash Payment at the Bank||₹ 100|
|Reissue of Card||₹ 100|
|Furnishing of CIBIL Score Report||₹ 50|
Kotak Urbane Gold Credit Card – Eligibility Criteria
An applicant must meet the following eligibility criteria in order to successfully apply for a Kotak Urbane Gold credit card:
- The applicant must be in the age bracket between 21 and 65 years
- Add-on cardholder must above 18 years of age
- Income must be above Rs. 3.00 Lakh per annum
- The applicant must be an Indian Citizen
Kotak Urbane Gold Credit Card – How to Apply
Applicants seeking Kotak Urbane Gold Credit Card can apply for it by visiting Kotak’s website. Once there fill out the form and click on proceed
A representative from the bank will call you up and guide you through the remaining process and also set up a date time and place to review the KYC documents
Kotak Urbane Gold Credit Card – FAQs
Why should I select a Kotak Credit Card?
Kotak credit cards are designed with the following core ideas at their core:
Simplicity, Transparency, Relevance
The cards are simple to use and are designed to meet the diverse needs of the users. The bill generated is transparent with no hidden cost or values added to them.
Why should I choose an Urbane Gold Credit Card?
The Kotak Urbane Gold credit card gives you accelerated reward points for retail shopping. The points can be redeemed against movie tickets, airline tickets, cash, and much more.
Do I enjoy an interest-free period on retail transactions?
Yes, you enjoy an interest-free period of up to 48 days on your transactions.
Do I enjoy interest-free period on cash withdrawals?
No, you get interested free period on retail transactions only.
What are the minimum numbers of reward points that I can redeem on Kotak Urbane Gold Credit Card?
You need to redeem a minimum of 1,000 reward points. Also, the points will expire after 2 years from the date they are earned.