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credit card charges for kotak cards

admin — Sun, 20 Jun 2010 13:44:10 +0000

credit card charges for kotak Bank cards
Kotak bank offers credit cards through it’s subsidiary company kotak cards. Charges for kotak cards are less compared to other private bank and even to some government bank.
Charges for kotak cards
Annul fee:No annul fee
Joining fee: No joining fee on any kotak card
Cash withdrawal charges: 2.5% or Rs300
for fortune card there is no interest on cash usages for 48 days
and for other cards it’s 3 – 3.15%
cheque bounce charge is Rs250 to 500 (depends on card type). also there are no duplicate c statement charge it if you wand duplicate statement. nearly all other banks charges for duplicate statement.
so if you want less and few charges then kotak cards is the best in India today.

Kotak Fortune Gold card : Interest Free Cash

admin — Sat, 03 Apr 2010 07:33:32 +0000

Kotak Fortune Gold creditcard : Interest Free Cash

Kotak credit card’s new card “Kotak Fortune Gold” gives interest free cash for 48 days (all other banks icici,hdfc,sbi charge interest).

Limit for interest free cash is 50% of your credit card limit. i.e. if you have Rs30000 credit limit then you can withdraw Rs15000 cash interest free for 48 days.

so one can use cash for 47 days and deposit on 48 th day to avoid 3.30% interest and again withdraw cash next day for next 48 days.

More info on Apply Online : Kotak Fortune Gold Card

Also If you buy anything on EMI then for first 3 month’s EMI they don’t charge any interest.
Annul Fee: Free for Life card also no need to open kotak bank account.