How to make Kotak Dream Different Credit Card? Benefits, Fees, Limits

How to make Kotak Dream Different Credit Card? Benefits, Fees, Limits




Kotak Dream Different Credit Card is one such credit card, which you can get very easily. Today we are going to give information about Kotak Dream Different Credit Card Eligibility, Charges, Limit, Rewards Points, Minimum Fixed Deposit etc., as well as complete information about how to apply for this credit card, you are going to get here.

A credit card is a plastic or metal card issued by various banks or financial institutions, which allows you to borrow money from a pre-approved limit to pay for a purchase. Credit card limit is decided by the card issuing company, bank or financial institution on the basis of your credit score and credit history.

If you have a credit card, then with the help of it you can easily buy the things you need and can also pay through EMI. But many times many people are not able to get credit card easily. There can be many reasons behind not getting a credit card, but usually many people do not have income documents available and many people have very low credit scores. 

In such a situation, due to not being eligible, banks do not issue credit cards to the people. But such people can also get Kotak Dream Different Credit Card quite easily. So let us now know about Kotak Dream Different Credit Card in detail.


What we Learn Today?

1. What is Kotak Dream Different Credit Card?

2. Features of Kotak Dream Different Credit Card

3. Kotak Dream Different Credit Card Eligibility

4. Kotak Dream Different Credit Card Limit

5. Kotak Dream Different Credit Card Charges

6. Kotak Dream Different Credit Card Rewards Points

7. Kotak Dream Different Credit Card Apply

8. Kotak Dream Different Credit Card Review


What is Kotak Dream Different Credit Card?


How to make Kotak Dream Different Credit Card? Benefits, Fees, Limits


This is a Lifetime Free Credit Card, issued by Kotak. Any type of purchase or convenience can be paid using this credit card. Benefits like Interest Free Cash Withdrawals and Rewards on all purchases are available on this card. 

You can get this credit card by creating a Fixed Deposit account and you can get up to 90% of the Fixed Deposit amount as the credit limit of this card. This type of card is also known as FD Credit Card.


Features of Kotak Dream Different Credit Card

This credit card has many features and advantages or benefits, which make it a better credit card.


1. Kotak Dream Different Credit Card is a Lifetime Free Credit Card, which you can get with No Joining Fees i.e. without any joining fee.

2. There is no Annual Fee for this card either.

3. With this card you get up to 90% of your Fixed Deposit Amount as Credit Limit.

4. Rewards Points are received on spending from the card.

5. With this card, the facility of Interest Free Cash Withdrawal is available, in which a period of up to        48 days is available.

6. Add-on card facility is available and all the benefits are available in this too.

7. Cover from fraudulent activities with 811 #DreamDifferent Shield.

8. Balance transfer facility is also available with this card.

9. Fuel and Railway Surcharge waiver benefits are available.

10. Activation Offer is also given with this card, in which Rewards Points can be received.


Kotak Dream Different Credit Card Eligibility

Some eligibility criteria are seen to apply for this credit card, which includes –


1. Must be an Indian citizen.

2. Minimum Rs. 10,000 Term Deposit or Fixed Deposit is required.

3. Only Individual TD is accepted.

4. Age should be between 18 years to 75 years for primary card.

5. Must be above 18 years of age for Add-on Card.

6. NRI customers can apply through offline process only.


Kotak Dream Different Credit Card Limit

Talking about the credit limit of Kotak Dream Different Credit Card, in this card you can get the credit limit of up to 90% of your Fixed Deposit, that is, up to 90% of the amount of Fixed Deposit you have deposited in the bank. Available as a credit card limit.


 

Kotak Dream Different Credit Card Charges


So now we know about the charges for Kotak Dream Different Credit Card. If you want to use this credit card, then it becomes very important to know about its charges.

Talking about all the charges applicable in Kotak Dream Different Credit Card, there is no Joining Charge of any kind. That is, if you apply for this credit card and when you get this credit, then you do not have to pay any fee for it.

Apart from this, no Annual Fee has to be paid for this credit card, that is, at the end of the year, it does not have to pay any Maintenance Charge. In this way, this credit card comes in the category of a Lifetime Free Credit Card.

Interest Free Cash Withdrawal can be done from this credit card. Talking about Cash Withdrawal Charges, in this, a fee of Rs.300 has to be paid as Processing Fee per Withdrawal of Rs.10,000. Apart from this, there is no interest for 48 days. With this, Cash Advance can be taken.

Apart from this, to transfer the balance of this credit card, Rs.359 has to be paid on Processing Fee per Rs.10,000.


Kotak Dream Different Credit Card Rewards Points

If you make any expenditure using this credit card, then Rewards Points are also given for it. You can earn reward points by purchasing from Kotak Dream Different Card.

In case of online purchase or spending through this card, 2 Reward Points are received for every 100 rupees purchase.

Apart from this, 1 Reward Points is available on the purchase of 100 rupees on other expenses.


Kotak Dream Different Credit Card Apply

If you can easily apply for Kotak Dream Different Credit Card. The process of applying this credit card online is as follows.


1. You have to login to your Kotak Mahindra Bank Net banking.

2. After this, you have to go to the Cards option and choose the Credit Card option, from where you can apply for this credit card.

3. Apart from this, you can login to Kotak Mobile Banking App.

4. In this you have to go to the Apply Now tab given below

5. Now some options will appear in front of you, out of which you will have to choose the Credit Card option.

6. Here you will see the features of this credit card and information about how to apply for this credit card in 3 easy steps.

7. After this you will get the Get it Now button on going down, on which you will have to go.

8. Now you have to set your credit card limit and tap on Confirm.

9. On the next page you have to create a Fixed Deposit Account (FD Account), where you have to choose FD Amount, Time Period, Maturity Instructions etc.

10. After this step you have to choose the delivery address to get the credit card.

11. After completing all the steps and ticking the box of Terms and Conditions, the process of applying this credit card is completed.

12. On the next page, you see a message to apply successfully for this credit card and you get this credit card in 7 days.


Kotak Dream Different Credit Card Review

If you are not able to get any credit card for some reason or you do not have income document available, or your credit score is low, then Kotak Dream Different Credit Card can be a better option for you. You can apply for this credit card without any income document.

You can choose your credit limit and get Kotak Dream Different Credit Card on Fixed Deposit (FD). Apart from this, this card comes without any Joining Fee and Annual Fee, which makes this card much better. 

If you already have a Fixed Deposit Account or want to create a new FD Account, then this credit card can also be applied for. If you want to take a FD Credit Card i.e. Credit Card on FD, then Kotak Dream Different Credit Card is a very good option.

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