Kotak White Credit Card
Joining Fee: ₹3,000 + GST
Renewal Fee: ₹3,000 + GST
Reward Type: Reward Points
Welcome Benefits
Receive a voucher worth Rs. 1,500 upon spending Rs. 30,000 within the first 60 days of card issuance. This reward encourages early usage and offers quick value.
Rewards Program
The Kotak White Credit Card uses a spends-based milestone system for earning rewards. White Pass Value is earned only after reaching certain spend thresholds.
Spends below Rs. 2 Lakhs: No White Pass earned.
Spends between Rs. 2 Lakhs and Rs. 4 Lakhs: Earn Rs. 2,000 White Pass.
Spends between Rs. 4 Lakhs and Rs. 6 Lakhs: Additional Rs. 4,000, bringing the total to Rs. 6,000.
Spends between Rs. 6 Lakhs and Rs. 9 Lakhs: Additional Rs. 6,000, totaling Rs. 12,000.
Spends between Rs. 9 Lakhs and Rs. 12 Lakhs: Additional Rs. 7,000, totaling Rs. 19,000.
Spends over Rs. 12 Lakhs: Additional Rs. 8,000, totaling Rs. 27,000.
Reward Redemption
White Pass Value can be redeemed for shopping vouchers from brands like Amazon, Taj Hotels, Hugo Boss, Nature’s Basket, and more via the Kotak White portal.
Travel Benefits
Domestic Lounge Access: 8 complimentary visits annually (maximum 2 per quarter) at domestic airport lounges.
International Lounge Access: 4 complimentary visits per year with Priority Pass, providing access to over 1,300 lounges globally across 148 countries.
Insurance Benefits
Lost Card Liability: Enjoy a cover of Rs. 2.5 Lakhs against unauthorized transactions. The coverage applies up to 7 days prior to reporting the loss to the bank, ensuring you're protected from any fraudulent activities.
Surcharge Waivers
Fuel Surcharge Waiver: Get a 1% waiver on fuel surcharge for transactions between Rs. 500 and Rs. 3,000. The maximum benefit is capped at Rs. 3,500 per year.
Railway Surcharge Waiver: Get a 1.8% to 2.5% surcharge waiver on railway ticket bookings made through IRCTC or railway counters, capped at Rs. 500 annually.
Finance & Forex Charges
Foreign Currency Markup: Standard 3.5% for international transactions.
Interest Rate: 3.5% per month or 42% per annum on revolving credit balances.
Summary
The Kotak White Credit Card is a premium credit card designed for high spenders, offering exceptional rewards and travel benefits. New cardholders are welcomed with a Rs. 1,500 voucher upon spending Rs. 30,000 within the first 60 days. The card features a spends-based milestone rewards system, where cardholders earn White Pass Value starting from Rs. 2 Lakhs in annual spends, accumulating up to Rs. 27,000 for spending over Rs. 12 Lakhs. These White Pass points can be redeemed for shopping vouchers from top brands like Amazon, Taj Hotels, and Hugo Boss. The card also offers 8 complimentary domestic lounge visits and 4 international lounge visits per year, along with a Rs. 2.5 Lakhs lost card liability cover. Additional benefits include a 1% fuel surcharge waiver and a railway surcharge waiver of up to Rs. 500 annually. With a joining and renewal fee of Rs. 3,000 + GST, this card is ideal for frequent travelers and shoppers who can take full advantage of its milestone-based rewards system and premium perks.