Spendz is a prepaid account for all your everyday payments. You can keep the bulk of your money in your primary Kotak Account and move smaller sums as you need into Spendz, for your daily expenses.
Its super cool features and benefits aim to make for a rewarding experience. So check it out and experience the Spendz advantage today!
Keep track of your finances and transactions, no matter the amount!
Enjoy 1% cashback on your daily spends made through your Spendz Card! No cap on cashback and no minimum spends!
From UPI, to net banking, to merchant outlets, Spendz supports it all!
The Virtual Spend Card lets you make online and merchant payments in a breeze! What's more? Get your physical card for free (limited period offer) when applying through the Kotak Mobile Banking App!
What's more? Get 1% cashback on payments (except ATM transactions) made through your Spendz Card. No cashback cap and no minimum spends!
Use Spendz for your daily expenses and limit the exposure of your primary account
Opening Spendz is as simple as 1-2-3! Follow the steps below to start your Spendz journey:
You can open the Spendz prepaid account at zero cost.. Nada! We ensure that the super cool Spendz services are fairly charged and no hidden fees are applied.
Here is a complete list of charges applicable on the services: General Schedule of Features & Charges
Your Spendz gives you the freedom to spend in all the ways YOU want to!
You can use the Kotak Mobile Banking App to make instant payments through your Spendz UPI. Also make payments conveniently with just the mobile number through our Pay Your Contact facility or scan any UPI QR code with our Mobile App’s Scan & Pay feature.
What’s more, you can also make the following domestic transactions using your Spendz Card:
Pre-load your Spendz and make all your everyday payments and shopping more convenient and secure. Simply follow these steps on how you can add money and start making smarter spends today!
Adding money in Spendz is easier than you’d ever imagine!
Follow these steps for a smooth process:
Enter your MPIN & you’re done!
Your Spendz, your convenience! There is no commitment to maintain a minimum monthly balance in your Spendz. However, your Spendz balance cannot exceed Rs. 1.75 lakhs, at any point of time.
As you know, Spendz is a prepaid account that allows you to transform your spending decisions into smarter ones. If you love Spendz, then you’ll adore what we’re offering; a physical Spendz card for use at merchant outlets, online shopping and ATMs.
Follow the steps below to begin your Spendz Card journey!
You will get the cashback for the payments made in a particular month by the 10th of the next month.
Take your Spendz experience to the next level by understanding usage limits and card controls. Here’s how you can use them to get more out of your Spendz today!
Default Limits for Spendz Prepaid Account:
Default Transaction Limits for Spendz Card:
Kindly note: The card limits are pre-set limits and can be edited through the Spendz ‘Card Control’ section in the Kotak Mobile Banking App.
To set/reset the transaction limit on your Spendz card, you must first enable it for online transactions:
Under Limit Management/Controls, set the transaction limits as per your convenience
Here’s how you can go about it:
Re-enter new PIN and Confirm