- Features
- Rewards Redemption
- Milestone Program
- Visa payWave
- Value Chart
- Eligibility
- Fees and Charges
Royale Signature Credit Card
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- Travel with comfort
- Airport Lounge Access
- Complimentary access to Airport Lounges in India and enjoy benefits such as gourmet meal, comfortable seating, widescreen TVs, newspaper and magazines, free Wi-Fi.
- For more details, Click here
- Airport Lounge Access
- Reward Points
- Earn up to 4X reward points on every Rs. 150 spent across all spends done on your Kotak Royale Signature Credit Card.
- Special Categories*: 4X
- Other Categories: 2X
- *Special Categories are Hotels |Restaurants |Travel Agencies & Tour Operators | Package Tour Operators | Airlines and Air Carriers | International Spends
- Note: This is applicable effective 25th Feb 2017 onwards.
- Earn up to 4X reward points on every Rs. 150 spent across all spends done on your Kotak Royale Signature Credit Card.
- Choice on Rewards
- Accumulate your reward points and redeem them against a host of redemption options like air tickets, mobile recharge, 10,000 merchandise and much more through easyrewardz with easy points.
- To redeem your reward points for options on easyrewardz or other attractive redemption options.
- Accumulate your reward points and redeem them against a host of redemption options like air tickets, mobile recharge, 10,000 merchandise and much more through easyrewardz with easy points.
- Enhanced Security
- In case your Credit Card is stolen, you get a cover of Rs. 2,50,000/- against fraudulent usage up to 7 days pre-reporting
- You are required to immediately call Customer Contact Centre (1860 266 2666) and get your credit card deactivated / blocked to prevent misuse and register a claim with the Insurance Company.
- Priority attend
- We value your time. Instead of you trying to reach us, we will reach you.
- SMS "KASSIST" to 5676788 and we will call back within two hours
- We make it easy for you to pay your monthly dues. Call for complimentary cheque pickup
- Fuel Surcharge Waiver
- Applicable on transactions between Rs. 500 and Rs. 3000.
- Maximum fuel surcharge waiver allowed in a calendar year is Rs. 3500.
- Customers will not earn reward points on fuel transactions
- Railway Surcharge Waiver
- Save railway surcharge waiver for transactions on www.irctc.co.in and for transactions on Indian Railways Booking Counters. Maximum railway surcharge waiver allowed in a calendar year is Rs. 500/-
- Customers will not earn reward points on railway surcharge waiver.
- Add-on Card
- Your Add-on Card will have all the benefits that you enjoy on your credit card
- Set the spend limit on your Add-on Card as you desire
- Track spends separately for each of your Add-on Card(s)
- Apply for an Add-on Card click here
Check your eligibility for the Royale Signature Credit Card.
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Rewards Redemption
- Pay with Reward Points:
- Pay without cash. Pay without card
- Now with your Kotak credit card reward points are converted into currency at merchant outlets when you shop with your Kotak Credit Card.Know more
- Redemption options:
- Cash | Airline tickets | Air Miles | Movie Tickets | Mobile Recharge | Branded Merchandise
- Visit www.kotak.com
- Click on Net Banking
- Login using your CRN, Password & Dynamic Access Code
- Choose Credit Cards
- Select Reward Redemption option of your choice.
- Please note: For redemption against Airline tickets / Merchandise / Mobile recharge, Reward points have to be converted to Easy Points. 2 Reward Point = 1 Easy Point.
- Voucher Redemption
- Air Ticket voucher is valid for 6 months from date of issuance. Below is the redemption process:
- Visit www.mykotakrewards.com and click on redeem tab
- Click on the air ticket voucher category.
- Select your travel date, airline and destination.
- Click on "Continue as a Guest" tab
- Enter email id & mobile no
- Enter voucher details in discount code box.
- Make the remaining payment through your Kotak credit card & Click on Pay Now
Know more the milestone program of the Royale Signature Credit Card.
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Milestone Program
In addition to the reward points which you will earn on every transaction, you will also be eligible for bonus reward points on achieving the below spends criteria, in an anniversary year.
| Milestone | Earn Bonus Reward Points |
|---|---|
| Spend Rs. 4,00,000 | 10000 |
| Spend Rs. 8,00,000 | 30000 |
Bonus reward points will be credited to your card account at the end of an anniversary period* as per the eligibility. Customer will be eligible for Bonus Reward Points basis only one of the Milestones at the end of the term. If someone has achieved spends of Rs. 8 Lakhs, he will be entitled to only 30,000 reward points.
* In case, your card is issued prior to 25th Feb'17, your milestone program will run from 1st Feb to 31st Jan every year.
In case, your card is issued post 25th Feb'17, your milestone program will run from the date of issuance to the next anniversary date.
For detailed terms & conditions, please click here
Know more the visa paywave of the Royale Signature Credit Card.
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Visa payWave
- Introducing a fast way to pay.Visa payWave offers a fast, safe and secure way to pay. Just wave your KotakVisa payWave Credit Card and pay for transactions up to Rs. 2000 without a PIN
- Visa payWave Credit Card and pay for transactions up toRs.2000 without a PIN.
- Contactless payments are safe and secure
- You don't need to enter your PIN - just wave your credit card on the reader*
- The credit card never leaves your hand, reducing the risk of credit card loss or counterfeit
- Payments supported by multiple layers of security, which ensures that you are safe from fraudulent or unauthorized transactions.
- How does the PayWave Credit Card work?
- Step 1:Look for the Visa PayWave mark and contactless logo at the point of sale.
- Step 2:The cashier enters your purchase amount into the terminal. This amount will be displayed on the contactless reader.
- Step 3:Tap your credit card over the POS at close range (less than 4 cm from where the contactless logo appears).
- Step 4:Four green indicator lights or a beep sound will indicate when the transaction is complete. A message will also be displayed on the screen indicating the transaction is complete. No PIN is required.
- *Please note that the requirement for PIN entry on the POS terminal at the merchant outlet is a function of country specific regulations and is subject to change. PIN input is not mandated for purchases below the permissible local limit.
- Please note that the permissible transaction limit for usage of credit cards in contactless mode in India is mandated by RBI and may change from time to time based on the latest regulations. As per RBI notification on Additional Factor authentication for contactless transactions dated May 14, 2015, PIN input is not required on the POS terminal at the merchant outlet for contactless transactions up to a maximum value ofRs.2,000 per transaction. Additionally, beyond this transaction limit, (aboveRs.2,000) the card has to be processed in Chip & PIN mode and authentication with PIN is mandatory.
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(Video) Kotak Royale Signature Credit Card Unboxing & Review|| Lifetime Free || कोटक रॉयल क्रेडिट कार्ड
Value Chart
| For Paid Card variants | Total Value |
|---|---|
| Joining fee | Rs. 1499 + applicable tax |
| Joining Gift | Rs. 2000 Approx |
| Reward Points On a monthly spend of 70000 | Rs. 5000** Approx |
| Milestone bonus reward points On a monthly spend of 70000 | Rs. 7500 |
| 1% Fuel Surcharge waiver Fuel spends of Rs. 8000 per month | Rs. 960 |
| Annual fee waiver (on spends of Rs. 100,000 in a year) | Rs. 999 |
| Value Delivered / annum (In Rs.) | Rs. 16,459/- |
Important note: This is applicable effective from 25th Feb 2017 onwards
Joining Gift
**Reward points earned on annual spends
| Joining Gifts - Paid variant : Details | Charges |
|---|---|
| Air ticketvoucher worth Rs. 2000, vouchers are sent on registered mail id & mobile number post realization of joining fee. Please click on reward redemption tab to know more about voucher & redemption process | 1499 |
* Joining Gift is applicable only to certain Paid joining Fee Credit Card variants.
| For free Card variants | Total Value |
|---|---|
| Reward Points On a monthly spend of 70000 | Rs. 5000 Approx |
| Milestone bonus reward points On a monthly spend of 70000 | Rs. 7500 |
| Fuel Surcharge waiver** Fuel spends of Rs. 8000 per month | Rs. 960 |
| Annual fee waiver (on spends of Rs. 100,000 in a year) | Rs. 999 |
| Value Delivered / annum (In Rs.) | Rs. 14,459/- |
Important note: This is applicable effective 25th Feb 2017 onwards
* Calculated with assumption that Special spends will be 30% and other spends will be 70% of your monthly spends
**Customer will not earn reward points on fuel and railway surcharge waiver.
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Learn more the reward redemption of the Royale Signature Credit Card.
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Eligibility Criteria
- Primary Credit Card holder should be in the age bracket of 21 years to 65 years. Add-on Card holder should be 18 years and above
- Location - Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune
- Income -Rs.24 Lakhs and above per annum
- Should be a resident of India
Know the fees and charges for the Royale Signature Credit Card.
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Fees & Charges
| Fee & other Parameters | Royale |
|---|---|
| Joinig Fees | Rs. 19,999 |
| Annual Fees | Nil |
| Condition for waiver of Annual Fees - First Year | NA |
| Condition for waiver of Annual Fees - Second Year | NA |
| Addon card Fees | Nil |
| Interest Charges on outstanding Balances | 3.01% (Annualized 37.2%) |
| Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due) | MAD can be 5% or 10% of TAD as decided by the Bank |
| ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof | Rs. 300 |
| Late Payment Charges ("LPC")*** | Rs. 100 for statement o/s less than or equal to Rs. 500. |
| Rs. 400 for statement o/s between Rs. 500.01 to Rs. 5000. | |
| Rs. 500 for statement o/s between Rs. 5001.01 to Rs. 10,000. Rs. 700 for statement o/s greater than Rs. 10,000) | |
| Over Limit Charge | Rs. 500 |
| Cheque Bounce Charges | Rs. 500 |
| Foreign Currency Mark Up | 0.035 |
| Railway Booking Surcharge (1.8%/2.5% on transaction amount)* | Waived |
| Fuel Surcharge (2.5% on transaction)** | Waived |
| Fee for Cash payment at Bank | Rs. 100 |
| Outstation Cheque Processing Fee | Waived |
| Reissue/ Replacement Card (per issunace) | Rs. 100 (Effective 22nd Feb, 2014) |
| Charge Slip Request | Waived |
| Machine Surcharge at ATMs | Waived |
| Balance Enquiry Charges at Non Parent Bank ATM | Waived |
| Duplicate Statement Request | Waived |
| Web Pay Service Fee | Waived (effective 10th JAN,2014) |
| Furnishing a copy of Credit Information Report (CIBIL) (Effective 5th April) | Rs. 50 |
| Please Note: | |
| Service tax & education cess, would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on you Credit Card | |
| *Maximum Railway surcharge waiver of Rs. 500 in a calendar year | |
| ** Fuel surcharge to be waived only for transactions between values of Rs. 500 - Rs. 3000. Maximum Fuel surcharge waiver of Rs. 3500 in a calendar year | |
| ^Fuel surcharge for Delight and Privy League to be waived only for transactions between values of Rs. 400 - Rs. 4000. Maximum Fuel surcharge waiver of Rs. 4500 in a calendar year | |
| ***Effective 15th June'2015 , the revised LPC slab willl be as below - | |
| Rs. 100 for statement o/s less than or equal to Rs. 500. | |
| Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000 | |
| Rs. 700 for statement o/s greater than Rs. 10,000) | |
Understand the value chart for the Royale Signature Credit Card.
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