Kotak 811 #DreamDifferent Credit Card is a credit card backed by fixed deposit. This secured credit card comes with fuel and railway surcharge waiver and exclusive offers on achieving milestones. Existing cardholders can qualify for milestone program on spending Rs. 75,000 and above and can earn bonus offers in the form of either cashbacks or PVR tickets.
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Kotak 811 #DreamDifferent Credit Card Highlights |
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| Card Type | Life time Free Secured Credit Card (Backed by FD) |
| Credit Limit | 90% of FD (Rs 4,500 to Rs 18 lakh – if applied online) |
| Minimum FD amount | Rs 5,555 (for 811 saving account customers); Rs 5,000 (for Non 811 saving account customers) |
| Benefits | Fuel & Railway surcharge waiver, interest free withdrawals, balance transfer |
| Rewards | Earn 4 reward points against every Rs 100 of online spends Earn 1 reward point against every Rs 100 of other spends |
| Milestone Program | Up to Rs. 1,000 Amazon voucher/Cashbacks/PVR Tickets |
Note: This Card is not available on Paisabazaar.com. The content on this page is for information only. To express interest in this card, please visit Kotak Mahindra Bank’s website.
Kotak 811 #DreamDifferent Credit Card Offers
- Fuel Surcharge waiver: 1% on all petrol pumps for transactions between Rs. 500 and Rs. 4,000
- Railway Surcharge waiver: 1.8% for transactions on irctc.co.in and 2.5% Indian railway booking counters (Maximum Rs 500 per year)
Kotak 811 #DreamDifferent Credit Card Reward Points
The cardholders can earn the following rewards on their card:
- Earn 4 reward points against every Rs 100 of online spends – applicable on 811 #DreamDifferent Credit Card Rupay variant
- Earn 1 reward point against every Rs 100 of other spends – applicable on existing 811 #DreamDifferent Credit Card
- 1 reward point = Rs. 0.20
- Education, Wallet Load, Fuel, Rent, Govt. Spends, Insurance, Online Gaming transactions and utility spends above Rs. 35,000 p.m. do not qualify for reward points
Note: W.e.f. 1st June 2025, 1% transaction charge will be imposed on Wallet Loading & Online Gaming transactions above Rs. 10,000 p.m., utility spends above Rs. 50,000 p.m. and fuel spends above Rs. 35,000 p.m.
Suggested Read: Know the Latest Kotak Mahindra FD Interest Rates
Kotak 811 #DreamDifferent Credit Card Benefits
Kotak 811 #Dream Different Credit Card offers you the range of credit card services, add-on cards, interest free cash withdrawals and credit limit of 90% of fixed deposit. The minimum credit limit is Rs 5,000 for 811 saving account customers and Rs 9,000 for others.
Milestone Program for new customers
This secured credit card milestone program offers on 811 #DreamDifferent Credit Card Rupay variant on achieving the spending criteria of Rs 72,000 in an anniversary year*:
- Rs 250 voucher on spend of Rs 36,000 in anniversary* year
- Rs 1,000 voucher on spend of Rs 72,000 in anniversary* year
*Anniversary year will be from the date of card issuance to the next anniversary date. i.e, if the card is issued on 31st of January, then anniversary year for milestone program will be from 1st February to 31st January every year. Furthermore, cardholders can check their duration in the Milestone tab of Net banking or Mobile banking.
Milestone Program for existing customers
This lifetime-free credit card also provides bonus offers on achieving the spending criteria of Rs 75,000 in an anniversary year*. Cardholders can select any one of the below options.
Redemption Option 1: Cashback of Rs 750
- Claim cash back within 3 months after anniversary year is over
- The cashback will be reflected in the next billing cycle
Redemption Option 2: 4 free PVR tickets
- Claim PVR tickets within 3 months after the anniversary year gets over
- PVR tickets can be used for any show and any day and are transferrable
- Star Pass Code will be issued to the cardholders which can be redeemed for online PVR Movie Ticket booked at www.pvrcinemas.com
Other Benefits
Cardholders can enjoy the following other benefits:
Interest free cash withdrawal
- Cardholders can withdraw cash for up to 90% of their total credit limit.
- Processing fee of Rs 100 for every transaction of ATM withdrawal and Funds Transfer
- Interest free cash withdrawal is available for up to 48 days on cash advance
Balance Transfer
- Processing fee of Rs 349 per Rs 10,000
- Continued interest free period on fresh retail purchases
- Easy & Instant – Just call Kotak Mahindra Bank to transfer your other credit card balances
811 #DreamDifferent Shield – Lost Card Liability Cover
- In case the secured credit card is stolen, cardholders can get a cover of Rs. 50,000 against fraudulent usage for up to 7 days of pre-reporting
- Cardholders are required to call Customer Contact Centre (1860 266 2666) immediately and get secured credit card blocked or deactivated to prevent misuse and register a claim with the Insurance Company.
Fees & Charges of Kotak 811 #DreamDifferent Credit Card
| Particulars | Charges |
| Annual Fees | NIL |
| Condition for waiver of Annual Fees – first year and second year | NA |
| Joining Fee | NA |
| Add-on Card Fee | NIL |
| Finance Charges | 3.75% p.m. (45% p.a.) |
| Minimum Amount Due (MAD) | 10% |
| ATM Cash Withdrawal/Fund Transfer/ Call a draft/ Cash Advance per Rs. 10,000 or part thereof | Rs 100 |
| Over Limit Charge | NIL |
| Cheque Bounce Charges | 2% on bounce amount or Rs 500 whichever is higher |
| Foreign Currency Mark Up | 3.5% |
| Fee for Cash payment at Bank | Rs 100 |
| Outstation Cheque Processing Fee | Waived |
| Reissue/ Replacement Card (per issunace) | Rs 100 |
| Machine Surcharge at ATMs | Waived |
Late Payment Charges
| Particulars | Charges |
| For statement o/s less than Rs 100 | NIL |
| For statement o/s Rs 100 and above | Rs 500 |
Kotak 811 #DreamDifferent Credit Card – FAQs
How soon can I claim the cashback/PVR movie ticket offer on Kotak 811 #DreamDifferent Credit Card?
You must claim the cash back within 3 months of completion of the card anniversary year. The amount will be reflected in your next billing cycle.
Can I get this card issued against a joint Term Deposit account?
No, you can get this card issued against Individual Term deposits only.
Will I earn reward points on transactions that I convert into EMI?
No, you will not earn any reward points on transactions converted into EMI. You will also not earn reward points on fuel and railway surcharges.
Can I use Kotak 811 #DreamDifferent Credit Card overseas?
Yes, you may use the Kotak 811 #DreamDifferent credit card overseas or on international websites. However, you will be liable to pay a foreign mark-up fee on it.