Kotak Mahindra Bank Credit Card Upgrade

You can upgrade your existing Kotak Mahindra Credit Card by following these easy and convenient steps:

Netbanking

• Login to your Net Banking account by clicking here
• Choose the Credit Card option and select Value Added Services from the options available
• Here you get the option of Upgrade your Card

Mobile Banking

• Download the app on your mobile to upgrade the credit card
• Open the app
• Go to the Credit Card section and choose Credit Card Service Request
• Select the Card Upgrade option available

All options of upgrade will be visible on your list if you are eligible for a Card Upgrade and the processing time for the same is 10 from the day the request is placed. If you see that the eligibility option is not available you can call the Helpline number of the Bank at 1860-266-2666.

For Further Support: Contact Kotak Mahindra Customer Care Centre

Upgrading the card brings additional benefits to the user. Though there is always an option of applying for a new card, many people prefer to get their card upgraded as it is convenient. Additional benefits are listed below:

Easy Enquiry Process: When you go for a card upgrade you don’t have to pass over the stringent enquiry process that takes place when applying for a new card

Increased Credit Limit: An upgrade of the card sometimes results in an increase in the credit limit of the card providing you with more purchasing power

Attractive Upgrade Offers: You can avail better offers on premium credit cards. This can be in the form of extra reward points, waivers or vouchers

Card Rewarding Spending Habits: Over times people lifestyle also improves. Perhaps, in the beginning, you were not travelling as much but now you a frequent traveller. In this scenario a switch to a premium travel credit card which rewards in air miles is a good decision

Favourable Credit Score: The Credit Score of your Card is a direct reflection of your credibility. Lower utilisation of credit gives a positive Credit Score and hence is helpful when you are applying for loans. You should also ask for an adequate increase in Credit limit when going for an upgrade

Attention to Detail: It is very important that you pay attention to every small detail while going in for an upgrade to maximize your benefits. The upgraded version may come with an offer of increased air miles but has a high annual fee. Therefore, it is up to you to weigh the pros and cons of these deals and choose the card wisely

Increased Expenses: It is a given that an upgraded card comes with an extended credit limit. But you need to be vigilant of the various terms and clauses while going for an upgrade. The exciting deals and reward points may urge you to spend more which eventually may be detrimental to your financial health in the long run. It is therefore imperative to be aware of the features of the upgrade to suit your needs

What is the CRN Number?
The CRN number is the Customer Registration Number which is there on the Card just below your name. You can get your CRN number from Kotak Mahindra Bank by sending an SMS CRN to 9971056767 from your registered mobile number.

How can I redeem my reward points earned on my upgraded Kotak Mahindra Credit Card?
The system for redemption of Reward points remain the same as your previous card. You can call the Helpline number of the Bank at 1860-266-2666 for further assistance or login to your net banking account.

Will my upgraded Credit Card retain the features of my existing Card along with the additional features?
Your upgraded Kotak Mahindra Credit Card may nor may not carry forward the same features of your existing Card. This will totally depend upon the Card you choose and the prevalent norms and conditions applicable at the time of registration of the upgraded Card.

Can I use the same Password for my upgraded Card as my previous one?
You are free to use the same password if you wish to. To change the password you can login to the net banking page on the website of the Bank.

What are the additional charges incurred at the time of credit card upgrade?
The upgraded card will have its own annual fees and other relevant charges which may be same or different than what you pay for your existing card.