Credit Card - Wealth Management Infinite Credit Card for Golf Privileges by Kotak Mahindra Bank

Wealth Management Infinite Card

The Kotak Wealth Management Infinite Credit Card is an ‘invite-only’ Credit Card, specifically tailored for individuals who settle for nothing but the best in class for everything they do. With this Credit Card, you get a plethora of benefits and privileges, including a personalized card, golf privileges and access to prestigious international events.

Personalised Card Design

Minimum credit limit of Rs. 10 Lakhs

Access to International Events

A World of Exclusivity keeping your unique interests in mind

Complimentary* tee-offs at some of the finest golf courses in India, and around the world.

Kotak Wealth Management Infinite Credit Card – Designed after you

Kotak Wealth Management Infinite Credit Card is a 'By-Invite' credit card program, exclusively for Kotak Wealth management clients. Kotak Wealth Management Infinite Credit Card offers best in class reward program, personalized card, golf privileges and access to prestigious international events. This card has been designed especially for top of the pyramid customers, considering their lifestyle and high spending power.

Personalised Card Design
Kotak Wealth Management Infinite Credit Card is designed after you, which means it carries a unique hand crafted illustration of the cardholder image on face of the card.

Higher Credit Limit
Kotak Wealth Management Infinite Credit Card comes with minimum credit limit of Rs. 10 Lac and an instant credit limit increase* offer to support your big purchases through an additional spending limit.
*Limit increase offer above your assigned credit line is available at bank’s discretion on case-to-case basis, taking spend and payment pattern into consideration.

Access to International Events
The people who make waves across the world deserve the world. Which is why, we bring to you the best and the greatest events across fashion, dining, sports and entertainment.
Access the world’s most prestigious events with privileges like preferred seating, champagne receptions, invite to after event party, celebrity autograph and many more.

A World of Exclusivity
Welcome to a world of exclusive privileges you access all-round the year. Enjoy invite to premium events in dinning, entertainment, art & fashion categories crafted especially you.

Golf Benefits
The game for the game changers
Simply escape the hustle and bustle of the normal routine with complimentary* tee-offs at some of the finest golf courses in India and World.
Get 2 complimentary round of golf in a month for the cardholder . Also, you can invite two friends for a complimentary round once in a quarter

* T&C apply. Kindly refer cardholder agreement for golf program details.
To book a round of Golf, please click on www.kotak.golftripz.com

Bonus reward points!^#
Get 800 Reward points worth Rs 800 free every month with your Kotak Wealth Infinite Credit Card.

# Crediting of reward points in lieu of 2 free PVR tickets is an interim change in the feature of the card.

The benefits don’t stop
There's an even greater wealth of benefits and treats waiting for you with a Kotak Wealth Management Credit Card.

Visa Lounge Access:
- Get 4 complimentary visits every quarter to Visa lounges only in India.
Instant Assistance through premium concierge services to you.
These services include:
- Arranging reservations for hotel and dining
- Flight ticketing assistance
- Booking tickets for special events and performances
- Spa & Fitness Centre information
- Referral assistance

To book or for any enquires please call at +91 22 4232 0244 or write us at kotak-concierge@aspirelifestyles.com For more details, Click here

Fuel Surcharge Waiver
- Save 1% fuel surcharge across all petrol pumps in India*
  
  Fuel surcharge to be waived only for transactions between values of Rs.400 - Rs.4000. Maximum Fuel surcharge waiver of Rs.4500 in a calendar year
Railway Surcharge Waiver
- Get 1.8% to 2.5% railway surcharge waiver when you book a ticket on www.irctc.co.in or through an Indian Railways booking counter**
  
  *Maximum railway surcharge waiver allowed in a calendar year is Rs 500
Priority Attend
- We know that time is of the essence for someone like you. If you have any card related queries, simply SMS ‘KASSIST’ and we’ll call you back within 30 minutes* to resolve the same
Secure yourself
- One call to protect all your Credit and Debit Cards, with an insurance cover up to Rs. 5 Lakhs Emergency card replacement within 24 hours* across the globe
  
  *T&C Apply. Kindly refer cardholder agreement for further details

Know the fees and charges for the Wealth Management Infinite Credit Card.
Explore more credit card options that best suit your needs.

Fees & Charges

Fee & other Parameters	Wealth Management Infinite Credit Card
Joinig Fees	Nil
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	3.10% (Annualized 37.2%)
Interest Charges on outstanding Balances	3.10% (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. 500 for statement o/s between Rs. 500.01 to Rs. 10000.
	Rs. 700 for statement o/s greater than Rs. 10,000
Over Limit Charge	Waived
Cheque Bounce Charges	Rs. 500
Foreign Currency Mark Up	2%*
Railway Booking Surcharge (on transaction amount)^	Waived
Fuel Surcharge**	Waived
Fee for Cash payment at Bank	Waived
Outstation Cheque Processing Fee	Waived
Reissue/ Replacement Card (per issunace)	Waived
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
Please Note:
All the taxes would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your 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. 400 - Rs. 4000. Maximum Fuel surcharge waiver of Rs. 4500 in a calendar year
*With effective 16th October 2019, foreign markup fee would be reduced to 2%

Explore more credit card options that best suit your needs.

Frequently Asked Questions

Why a Credit Card is Important?

Don’t be put off by the term ‘credit’. If used wisely, credit cards are a convenient tool to manage your short-term financing needs. A credit card is a financial tool that lets you borrow a certain sum of money and repay it back later in instalments. An interest is charged only if the credit amount is not repaid within the grace period which usually ranges between 20 to 60 days. Whether you want to make online payments or swipe the card at a restaurant, everything is possible with a credit card. Besides allowing you to borrow funds conveniently, credit cards also offer a host of benefits such as reward points, cashbacks, frequent flyer miles, credit score etc. A credit card is certainly a must-have item in your wallet.

What Are the Benefits of a Credit Card?

Reward Points
You can earn reward points with every purchase made using credit cards. Subsequently, the accumulated reward points can be redeemed to make another purchase.

Enhances Your Credit Rating
Paying back your credit card bills on time is the easiest way to build your credit rating. If you have a high credit score, you can avail loans easily at a low-interest rate.

Cash-Backs and Discounts
By making purchases through credit cards, you can also earn cash-backs on select purchases. Some merchants also offer special discounts on credit card purchases.

Frequent Flyer Miles
As a credit card holder, you can earn frequent flyer miles with every air ticket purchase. Ultimately, the frequent flyer miles can be redeemed against the price of another ticket.

Universal Acceptance
At times, debit cards even from reputed banks may be turned down when you travel abroad. On the other hand, a credit card is universally accepted as a convenient mode of payment across the world.

Why Should you apply for a Kotak Bank Credit Card?

At Kotak Mahindra Bank, we understand the diversity of our customer’s needs. Hence Kotak Bank offers a wide range of credit cards based on your buying preferences. We have categorized our credit card rewards centred on your preferences such as entertainment, shopping, dining, travel and lounge access. Depending on your purchase inclinations, you are free to choose a credit card that earns you extra points on the things that matter the most to you. So go ahead, explore and compare our wide assortment of credit cards in order to find the perfect match. Once you find the right credit card, you will be able to earn as you spend!

What is a Credit Card?

A credit card is a transactional card that enables the holder to make purchases of goods and services or withdraw advance cash on credit. It is issued by banks and financial institutions to bring convenience of payment. Credit cards act as a micro loan tool where the individual makes purchases under the condition of paying off the same within a specific time period. There are no interest payouts if the due amount is paid within a specific time (interest-free period). A custom borrowing limit is pre-set by the issuer and this determines the maximum amount of credit a user can spend from a credit card. Credit card brings users the opportunity to save big through discounts and deals, making it a popular choice.

What is the difference between a credit card and a debit card?

A debit card lets you withdraw money that you have previously deposited into your bank account. It is linked to your account and is offered as an add-on facility by banks and financial institutions. A credit card on the other hand, lets you make spends on the terms of a short term loan. The bank enables you to make transactions to a given limit. Rather than having to make repayments on per use basis, there is a bill generated of the total repayment due at the end of each billing cycle.