Kotak Mahindra Bank
Kotak 811 Dream Different Credit Card
An FD-backed lifetime free secured credit card from Kotak Mahindra Bank designed mainly for beginners and users without credit history. It offers accelerated rewards on online spending, RuPay UPI support, milestone vouchers, and easy approval against Fixed Deposit.
Highlights
Main benefits
- Lifetime free FD-backed credit card
- Easy approval without income proof
- RuPay UPI support available
- 4X rewards on online spends
- Milestone vouchers up to ₹1,000 yearly
- Fuel and railway surcharge waiver
- Interest-free cash withdrawal feature
- Helps improve CIBIL score
- FD continues earning interest
Fees
Fees and charges
Joining fee
Nil in most cases, ₹250 + GST one-time joining fee may apply if approved credit limit is below ₹18,000 or FD below ₹20,000.
Renewal fee
Nil
Annual fee waiver
Not applicable
Who can apply
Eligibility
- Indian resident
- Age 18–75 years
- Minimum FD amount: ₹10,000
- Minimum FD tenure: 181 days
- No income proof generally required
Checklist
Documents required
- PAN Card
- Aadhaar Card
- Mobile number linked with Aadhaar
- Kotak 811 account and FD
- Basic KYC documents
Process
How to apply
1. Open Kotak 811 account
2. Create Fixed Deposit of minimum ₹10,000
3. Apply through Kotak 811 app or website
4. Complete KYC/video KYC
5. Card approval and issuance follow digitally
Value
Reward and cashback structure
Reward rate
4 Reward Points per ₹100 spent online, 1 Reward Point per ₹100 on offline spends, Reward redemption value: 1 RP = ₹0.20
Cashback
No direct cashback system, Rewards redeemable for vouchers/cash equivalent
Good fit
Pros
- Good beginner secured card
- Strong online reward structure for entry-level card
- Low minimum FD requirement
- Lifetime free in most cases
- UPI-enabled RuPay variant available
- Simple digital onboarding
- Good for credit score building
Watchouts
Cons
- No lounge or travel benefits
- Low reward redemption value
- Requires FD lien
- Some users may pay joining fee for lower FD limits
- Offline reward rate is weak
- Benefits are basic compared to premium cashback cards
Related
Related cards
Compare
Compare Cards
| Field | Kotak 811 Dream Different Credit Card | HDFC Diners Club Black METAL Credit Card |
|---|---|---|
| Bank/provider | Kotak Mahindra Bank | HDFC Bank |
| Joining fee | Nil in most cases, ₹250 + GST one-time joining fee may apply if approved credit limit is below ₹18,000 or FD below ₹20,000 | ₹10,000/- plus Applicable Taxes |
| Renewal fee | Nil | ₹10,000/- plus Applicable Taxes |
| Best for | Beginners building CIBIL score, Online shopping rewards, FD-backed guaranteed approval, UPI payments through RuPay, Users without income proof | Luxury travel, airport lounge access, and maximum reward points on high spending |
| Reward rate | 4 Reward Points per ₹100 spent online, 1 Reward Point per ₹100 on offline spends, Reward redemption value: 1 RP = ₹0.20 |
|
| Cashback | No direct cashback system, Rewards redeemable for vouchers/cash equivalent | Cashback redemption value: around ₹0.30 per point against statement balance |
| Lounge access | No Included airport lounge access | Unlimited lounge access to 1,300+ lounges in India and abroad for primary and add-on card members |
| Fuel surcharge waiver | 1% fuel surcharge waiver, Applicable on fuel spends between ₹500–₹3,000, Maximum waiver up to ₹3,500 yearly | 1% waiver at fuel stations across India on transactions above ₹400, with a maximum waiver of ₹1,000 per statement cycle |
| Welcome benefit | ₹250 Woohoo voucher on eligible spends, OTTPlay subscription offers on selected campaigns, Some campaigns offer bonus reward points | Annual memberships of Club Marriott, Amazon Prime and Swiggy One on 1.5 Lakh spends in first 90 days |
| Annual fee waiver condition | Not applicable | Spend ₹ 8 lakh in 12 Months and get Renewal Fee waived for next renewal year |
| Eligibility |
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| Apply link | Apply | Apply |