Kotak White Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
HSBC Taj Credit Card
Bank Name :
HSBC Bank
Type :
Premium Credit Card
Interest Rate :
3.75% per month 45% p.a.
Eligibility :
Primary Credit Card holders should be in the age bracket of 18 years to 65 years and an Indian resident. Add-on Card holder should be 18 years and above.
Location: Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune.
Income: INR lakh and above per annum.
Pros
Welcome Benefit: Users will earn a White pass worth INR 1,500 on spending INR 30,000 within the first 60 days from card setup.
Reward System: No rewards apart from milestone benefits.
Milestone Benefit: Users will get a White pass worth INR 2,000 on spending INR 2 lakhs on the credit card. Users can get a White pass worth INR 4,000 on spending INR 4 lakhs on the credit card, a White pass worth INR 6,000 on spending INR 6 lakhs on the credit card, a White pass worth INR 7,000 on spending INR 9 lakhs on the credit card, a White pass worth INR 8,000 on spending INR 12 lakhs on the credit card. White pass vouchers can be redeemed against luxury brands like Giorgio Armani, Hugo Boss, Diesel, Satya Paul, Gas, Superdry, and Satya Paul.
Free Priority pass membership.
Free 4 international lounge visits annually.
2 free domestic lounge visits per quarter.
Cons
No cashback on normal purchases.
White Pass vouchers can be redeemed only against luxuary brands.
No free movie tickets.
Pros & Cons
Welcome Benefits
Users can earn a White pass worth INR 1,500 on spending INR 30,000 within the first 60 days of card setup.
Rewards System
No rewards apart from milestone benefits.
International Forex Markup
3.5%
Welcome Benefits and Reward System
Special Features
Milestone Benefit: Users will get a White pass worth INR 2,000 on spending INR 2 lakhs on the credit card. Users can get a White Pass worth INR 4,000 on spending INR 4 lakhs on the credit card, a White Pass worth INR 6,000 on spending INR 6 lakhs on the credit card, a White Pass worth INR 7,000 on spending INR 9 lakhs on the credit card, a White Pass worth INR 8,000 on spending INR 12 lakhs on the credit card. White Pass vouchers can be redeemed against luxury brands like Giorgio Armani, Hugo Boss, Diesel, Satya Paul, Gas, Superdry, and Satya Paul.
Eligibility Criteria
Primary Credit Card holders should be in the age bracket of 18 years to 65 years and an Indian resident. Add-on Card holder should be 18 years and above.
Location: Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune.
Income: INR lakh and above per annum.
Benefits
Lounge benefits.
Milestone benefits.
Travel benefits.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online Visit the Kotak Mahindra Bank website and click on the "Credit Cards" tab.
Select the "White Credit Card" and click on the "Apply Now" button.
Fill in the application form with your personal and financial details.
Upload the required documents, such as your PAN card, Aadhar card, and income proof.
Review and submit your application.
The bank will review your application and get in touch with you if you are approved for the card.
The required documents for applying for a Kotak Mahindra White Credit Card are: PAN card Aadhar card Income proof (salary slip, salary certificate, Form 16 for salaried individuals; PAN card, IT return, Form 60/61 for self-employed individuals)
Contact Details
1860 266 2666
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Users will earn a White pass worth INR 1,500 on spending INR 30,000 within the first 60 days from card setup.
Reward System: No rewards apart from milestone benefits.
Milestone Benefit: Users will get a White pass worth INR 2,000 on spending INR 2 lakhs on the credit card. Users can get a White pass worth INR 4,000 on spending INR 4 lakhs on the credit card, a White pass worth INR 6,000 on spending INR 6 lakhs on the credit card, a White pass worth INR 7,000 on spending INR 9 lakhs on the credit card, a White pass worth INR 8,000 on spending INR 12 lakhs on the credit card. White pass vouchers can be redeemed against luxury brands like Giorgio Armani, Hugo Boss, Diesel, Satya Paul, Gas, Superdry, and Satya Paul.
Free Priority pass membership.
Free 4 international lounge visits annually.
2 free domestic lounge visits per quarter.
No cashback on normal purchases.
White Pass vouchers can be redeemed only against luxuary brands.
No free movie tickets.
Kotak White Credit Card does not offer any kind of points or cashback. However, it offers decent milestone benefits. It offers good lounge benefits too. Overall this card is suited only for those individuals who are high spenders and those white travel internationally frequently.
Kotak White Credit Card Review
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fee of INR 3,000 + GST.
Annual fee of INR 3,000 + GST.
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher.
Late payment charges - Upto ` 100- Rs. 0/- > ` 100 to `500- Rs. 100/- > ` 500 to `5,000- Rs. 500/- > ` 5,000 to `10,000- Rs. 600/, 10,000 to 25,000- Rs. 800/, 25,000 to 50,000- Rs. 1,000/, more than 50,000: INR 1,200.
Redemption Fee Rs. 99/- per redemption request.
Bank Charges Cross Currency markup of 3.5% on the transaction value
Fuel Surcharge
1% fuel surcharge, waived on transaction value between INR 500 and INR 3000, maximum waiver of INR 3500 in a year.
Billing Cycle
30 days.