Kotak Wealth Management Infinite Credit Card

The many features and benefits that come standard with Kotak Wealth Management Infinite Credit Card are:

• Higher credit limit: The card comes with a minimum limit of Rs.10 Lakh with an instant credit limit increase. This lets you make bigger purchases. Do note this feature is provided at the sole discretion of the bank.
• Personalized card: This card comes with a unique hand-crafted illustration of the cardholder’s image on the face of the card.
• Golf benefits: You get 2 complimentary accesses to a round of golf at some of the finest golf courses in India. You can also invite two friends for a complimentary round once in a quarter.
• Movie offers: The card gets you 24 free PVR tickets in a year.
• Invites to the premium event: You get an invitation to some of the most prestigious events in fashion, sports, entertainment, dining etc.

Here are the basic fee and charges of this credit card:

Fee/Charge	Amount
Annual Fee	Nil
Add-on Card Fee	Nil
Finance Charges (Interest Rate)	3.10%
ATM Cash Withdrawal Charges	Rs.300 per Rs.10,000 withdrawn
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	Waived
Cheque Bounce Charges	Rs.500
Foreign Currency Markup	3.5%
Cash Payment Charges	Waived
Card Reissue/Replacement Charges	Waived

This is a “by-invite” credit card. However, there are other criteria as well that an applicant must meet, they are:

• A Kotak Wealth management, banking relationship needs to be maintained by the primary card holder
• The primary cardholder must be within the age bracket of 21 years to 65 years, whereas the add-on cardholders must be above the age of 18.
• The primary cardholder must be a resident of India, and residing in any of the following cities: Bangalore, Kolkata, Ahmedabad, Chandigarh, Chennai, Delhi, Gurgaon, Noida, Hyderabad, Pune, and Mumbai.

Documents Required to apply for this credit card:

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 slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement

This credit card is currently not being provided on Paisabazaar’s platform. Those who wish to apply for the card can either visit the official website of Kotak Mahindra Bank or can apply by visiting the nearest branch.

Who can apply for Kotak Mahindra Bank Wealth Management Infinite credit card?

This is a by-invite credit card which is exclusively for Kotak Wealth Management Infinite credit card that comes with best reward program and golf privileges.

What are the joining and annual fee of this credit card?

This credit card comes with Nil joining and annual fee. The Add-on card fee is also Nil.

Does this credit card come with Insurance cover?

The credit card comes with Insurance Cover of Rs.5 lakh Emmergency credit card replacement within 24 hours across the globe.