Kotak Zen Signature Credit Card
The Kotak Zen Signature credit card has various shopping and travel spending benefits. It can be an excellent way to build a credit history and simultaneously save money.
The cards let you accumulate points and rewards through spending and repay them through easy EMIs.
Image Source: Kotak Mahindra Bank Official website
Highlights of the Kotak Zen Signature Credit Card
|
Suitability |
Shopping and Rewards |
|
Joining Fee |
Rs. 1,500 |
|
Annual Fee |
Rs. 1,500 |
|
Best Feature |
10 Zen Points for every Rs. 150 spent on apparel, lifestyle goods, departmental stores, and jewellery |
Fees and Charges of Kotak Zen Signature Credit Card
The primary fees and charges associated with this card are:
|
Fee |
Amt (Rs.) |
|
Joining Fee |
Rs. 1,500 |
|
Annual Fee |
Rs. 1,500 |
Benefits of Kotak Zen Signature Credit Card
The major advantages of availing this Credit Card are:
-
Reward Points
You can earn rewards points on the usage of the card in the below-mentioned ways:
- 10 Zen points on every Rs. 150 spent shopping
- 5 Zen points on Rs. 150 on other expenses
- 15,000 bonus Zen points on crossing an annual spend of Rs. 6,00,000
-
Welcome Benefit
You will get a welcome gift of 1500 Zen points on the payment realisation of the joining fee.
-
Lounge Program
a) Domestic Lounge Access: You will get complimentary access to domestic lounges in the country. You get eight complimentary visits 2 for every quarter of the year. This only applies to DreamFolks lounges in India.
b) International Lounge Access: You get 3 complimentary access for a calendar year to priority pass international lounges outside the country. You gain access to 1300+ lounges through the card.
-
Surcharge Waiver
a) Fuel Surcharge: You get a 1% fuel surcharge waiver on transactions ranging from Rs. 500 to Rs. 3,000. The maximum amount is Rs. 3,500 for every year.
b) Railway Surcharge: You get a 1.8% surcharge waiver on bookings through www.irtc.co.in, and offline ticket booking at the counter can get a 2.5% surcharge waived.
-
Priority Program
You can get instant resolutions or reach the support team by sending KASSIST to 5676788. You will get a call back within two hours.
-
Add-On Card
You can also avail of add-on cards through the use of the card. You can set the add-on card limit, and you can also track the spending of the card separately.
-
Security Features
The card comes along with an embedded EMV chip for an additional level of security.
-
Visa PayWave
Instead of swiping and entering your card everywhere, you can use the card contactless at merchant stores by just waving it to make payments. This ensures that the card is not lost or stolen.
-
Milestone Program
Along with the Zen points, you can earn rewards by achieving the below-mentioned spending criteria:
- Spend Rs. 3,00,000 for Rs. 7,500 Zen points
- Spend Rs. 6,00,000 for Rs. 15000 Zen points.
Process to Apply for the Kotak Zen Signature Credit Card
There are two major methods to apply for this credit card, and they are:
- Offline Method
- Online Method
Offline Method
You can go to the closest branch of Kotak Mahindra Bank with the required documents and seek the assistance of the bank representative. They will help you to fill out the form, attach the forms, and successfully apply for the card.
You will be provided with an application number to track the status of your application.
Online Method
Step 1: Proceed to https://www.kotak.com/en/personal-banking/cards/credit-cards/zen-signature-credit-card.html.
Step 2: Choose the option to get your card.
Step 3: Enter your details and attach them with the required documents.
Step 4: Click on submit.
Step 5: You will find a message with the application number in your inbox.
Documents Needed to Avail the Zen Signature Card
The main documents required to apply for the card are:
- ID Proof: PAN Card, Aadhaar card and Passport, Voter's ID, etc.
- Address Proof: Aadhaar Card, Driver's License, Passport, Utility Bill, or telephone bill
- Income Proof: Latest one or two salary slips (not more than three months old) or the last three months' bank statement
Eligibility Criteria to Apply
The below-mentioned persons are eligible to apply for this card:
|
Age |
21 - 65 Years |
|
Income |
More than Rs. 4.8 lakhs pa |
|
Residence |
Indian |
Similar Credit Cards
|
Card Name |
Annual Fee and Best Feature |
|
Aditya Birla SBI Card Select |
Rs. 1,500 Twenty reward points for every Rs. 100 spent on shopping at Aditya Birla Stores and, along with it, four complimentary domestic lounge visits for a year |
|
Axis Bank Privilege Credit Card |
Rs. 1,500 Ten reward points for every Rs. 200 spent and two complimentary domestic lounge visits for every three months |
