Indian Oil Kotak Credit Card
Rewards & Benefits
Welcome Benefits
Users will get 1000 reward points as a welcome benefit on spending INR 500 within 30 days of card issuance.
Milestone Benefits
Cashback Rate
Movie Benefits
Dining Benefits
Other Benefits
Insurance Benefit: Cardholders get a personal accident insurance cover of Rs 2,00,000 on their IndianOil Kotak Credit Card.
Lounge Access
Fees & Charges
Joining Fee
of INR 449
Annual Fee
of INR 449
Cash Advance Fee
2.5% of amount withdrawn or Rs. 500 whichever is higher.�
Interest rate
Interest Rate: 3.5% per month, 42% per year
Late Payment Fee
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/- More than ` 10,000- Rs. 750/-
Foreign Currency Transactions Fee
Other Fees
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher. | Redemption Fee Rs. 99/- per redemption request. | Bank Charges Cross Currency markup of 3.5% on the transaction value
दोष
No domestic/ international airport lounge access facility is available.
Only beneficial for fuel transactions and spending.
Limited features and benefits.
Welcome Benefit: Users will get 1000 reward points as a welcome benefit on spending INR 500 within 30 days of card issuance.
Reward System: The value of 1 RP = INR 0.25. Cardholders can save 4% as reward points on IndianOil Fuel spend and can earn 24 reward points on every INR 150 spent. Cardholders also can save 2% back as reward points on Grocery and Dining spending and can earn 12 reward points on every INR 150 spent and on all other spends 3 reward points on every INR 150 spent. General cashback rate: 0.5%.
Insurance Benefit: Cardholders get a personal accident insurance cover of INR 2,00,000 on their IndianOil Kotak Credit Card.
पक्ष विपक्ष
Welcome Benefits
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पुरस्कार प्रणाली
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अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
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स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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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.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
Online Visit the Kotak Mahindra Bank website and click on the "Credit Cards" tab.
Select the "Indian Oil Kotak 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.
सम्पर्क करने का विवरण
1860 266 2666
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Welcome Benefit: Users will get 1000 reward points as a welcome benefit on spending INR 500 within 30 days of card issuance.
Reward System: The value of 1 RP = INR 0.25. Cardholders can save 4% as reward points on IndianOil Fuel spend and can earn 24 reward points on every INR 150 spent. Cardholders also can save 2% back as reward points on Grocery and Dining spending and can earn 12 reward points on every INR 150 spent and on all other spends 3 reward points on every INR 150 spent. General cashback rate: 0.5%.
Insurance Benefit: Cardholders get a personal accident insurance cover of INR 2,00,000 on their IndianOil Kotak Credit Card.
No domestic/ international airport lounge access facility is available.
Only beneficial for fuel transactions and spending.
Limited features and benefits.
For those who love to travel with their vehicle and refuel it regularly, the IndianOil Kotak Bank credit card is a great choice. You get a nice welcome benefit and accelerated reward points on fuel spends at IndianOil outlets. The reward points can be redeemed as cashback on Kotak Rewards or converted to IndianOil XTRAREWARDS points. The card even offers insurance cover and concierge services to the cardholder. However, the maximum capping on reward points is a downside.
For those who love to travel with their vehicle and refuel it regularly, the IndianOil Kotak Bank credit card is a great choice. You get a nice welcome benefit and accelerated reward points on fuel spends at IndianOil outlets. The reward points can be redeemed as cashback on Kotak Rewards or converted to IndianOil XTRAREWARDS points. The card even offers insurance cover and concierge services to the cardholder. However, the maximum capping on reward points is a downside.
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
उत्पाद समीक्षा
फीस एवं प्रभार
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ईंधन अधिशुक्ल
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Billing Cycle
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