Kotak Mahindra Feast Gold Credit Card

The features and benefits associated with the card are:

Reward Points- Earn 10 Dining Points for every Rs. 100 spent on dining when total spends on dining and movies reach Rs. 5,000. Dining points are given on the first 5 Dining & Movie transactions, up to a maximum of 600 dining points. Dining & Movie Transactions up to Rs. 4,000 are eligible for dining points.

1 Dining Point = Rs. 1

Security- Get up to Rs. 50,000 as insurance against fraudulent transactions done up to 7 days before the day of reporting.

Balance Transfer- Get interest free period on fresh retail purchases and pay just Rs. 349 per Rs. 10,000 as processing fee.

Kotak Mahindra Feast Gold Credit Card
Good For: People who want a low annual fee credit card Customers who enjoy movie and dining offers Cardholders who want to avail balance transfer	Bad For: People looking for a premium credit card Customers who prefer cashback/airmiles on card usage Cardholders who want discount on shopping

Fee/Charge	Amount
Annual Fee	Rs. 499
Add-on Card Fee	Rs. 299
Finance Charges (Interest Rate)	3.75% p.m. (45% p.a.)
ATM Cash Withdrawal Charges	Rs. 300
Late Payment Fee	For outstanding balance less than Rs. 500 – Rs. 100 For outstanding balance between Rs.500 and Rs. 10,000 – Rs. 500 For outstanding balance greater than Rs. 10,000 – Rs. 700
Overlimit Fee	Rs. 500
Cheque Bounce Charges	Rs.500
Foreign Currency Markup	3.50% of the amount
Cash Payment Charges	Rs. 100
Card Reissue/Replacement Charges	Rs. 100
CIBIL Report Copy	Rs. 50

Eligibility

• Customer must be in the age group of 21 to 65 years
• Add-on card applicant must be over 18 years of age
• Only Indian residents can apply
• Applicant must be a resident of Ahmedabad, Bangalore, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai or Pune
• Customer’s income must be Rs. 3.00 lakh or above per annum for salaried employees

Documents Required

Kotak Bank will ask for certain documents to verify the customer’s income, identity and address. Customers can submit any one of the documents to establish the same.

Proof of Identity	PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI
Proof of Address	Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement
Proof of Income	Latest one or 2 salary slips (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement

Customers can apply for Kotak Mahindra Feast Gold credit card by visiting the nearest Kotak Bank branch or by visiting the website.

Do note that in either scenario applicant will be required to submit self-attested photocopies

Applicants will have to submit the self-attested photocopies of their Know Your Customer (KYC) documents when applying for this credit card via branch visit. In case they have applied for this credit card via the bank’s website. Then a representative from the bank will get in touch with the customer to set a date and time for document collection. Give the representative the self-attested photocopies of the KYC documents. Post verification the customer can expect to receive the credit card in about 15 days.

Who can apply for Kotak Mahindra Feast Gold Credit Card?
Indian citizens who are between the ages of 21 and 65 years and earn Rs. 3.00 lakh per annum can apply for this credit card.

What is the annual fee on this credit card?
The annual fee on this credit card is Rs. 499.

Is this a secured or unsecured credit card?
Kotak Mahindra Feast Gold Credit Card is an unsecured credit card.

Is there an add-on card fee?
Yes, Kotak Bank does charge a fee of Rs. 299 to issue an add-on credit card.

Please Note: Kotak Mahindra Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.