What is Kotak Rewards Programme on Silk/Alpha/Grand accounts?

Kotak Rewards is a Rewards programme wherein you get rewards based on the Spends done in a calendar month. You can then redeem these rewards across various categories by visiting Kotak Rewards portal www.kotakrewards.com. Kotak Rewards is currently only for savings accounts customers opened with Promo codes Silk/Alpha/Grand.

When does the Rewards gets credited in my Kotak Rewards Account?

If you have done cumulative Spends of ₹25,001 and above in a month, then rewards will be credited to your account within 3 days from the date when the cumulative spend transaction reaches ₹25,001/-. In case, eligible spends are less than ₹ 25,001/- in a month then the reward points will get credited to your Kotak Rewards Account latest by 5th day of the next month.

How to login to the portal?

Go to www.kotakrewards.com >> Click on Menu >> Login >> Enter your CRN >> Enter OTP( OTP is sent to registered mobile number & email ID) >> Submit & Login

How to check the total available points?

Login to Kotak Rewards Portal, total KR Points is available in Home Page (below Burger Menu option). Points accrued against each card is available in the Cards Section.

How to check expiry of points?

Expiry of Points will be available next to total KR points in the Home Page. Points expiring against each card is available in the Cards Section.

Can I redeem my points for Cashback?

No, cashback option is available only for Credit Cards.

Silk Platinum Debit Card - Apply Online

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Silk Platinum Debit Card

The Kotak Silk Platinum Debit Card has been designed keeping in mind the needs of the new age Woman. It comes with a host of offers on brands across categories, reward points on debit card spends and features that will ensure utmost convenience.

Daily purchase limit – Rs. 2,00,000

A domestic daily ATM withdrawal limit- Rs.40,000
An international daily ATM withdrawal limit- Rs. 50,000

Personal Accidental Death cover of up to Rs.15,000,00*

Rewards on all your Silk Platinum Debit Card Spends

1) Rewards

Experience Kotak Rewards feature where you can earn up to 1500 Kotak Reward Points on purchases carried out through your Silk Platinum Debit Card and redeem points across categories like groceries, apparel, jewellery, hotel, dining etc. T&C Apply.
Rewards details on Silk Platinum Debit Card spends are listed below (w.e.f. 1^st June 2022)

Below are the details of Reward Points:

Minimum Spends per month	Reward Points per month 1 Kotak Reward point=Rs 0.25
Rs. 7,500 - Rs. 15,000	400
Rs. 15,001 - Rs. 25,000	1000
Rs. 25,001 & above	1500

Steps to Redeem:

Go to www.kotakrewards.com
Click on Burger Menu- For Login enter your CRN
Click on get OTP to receive OTP on registered mobile number and email ID
Enter OTP and submit
Total KR points is available & points accrued against each card is available in the Cards section
Redeem Points against - Travel, Recharge, Shop, Voucher
Choose KR Points to redeem for Payment processing
Rupee Equivalent amount will be shown
Balance amount can be paid using the debit card/credit card
Agree, Accept & Submit

2) Insurance facilities*

Liability of lost card- Up to Rs. 3.5 Lakhs
Purchase Protection Limit- Up to Rs. 1 Lakh
Personal Accidental Death Cover-Up to Rs 15 Lakhs
Lost Baggage Insurance- Rs. 1 Lakh
Accidental Air Death Insurance- Up to 50 Lakhs

3) Pamper yourself with offers and discounts at Merchant Outlets in categories such as Lifestyle, Fine Dining, Travel Health and Fitness. To Know more, Click Here

4) Customize your Silk Platinum Debit Card with Kotak MyImage Debit Card option. Choose from a gallery of amazing images. To Know more, Click Here

5) 24 hours VISA Global Customer Assistance Services (GCAS) for

Lost/Stolen Card Reporting
Emergency Card Replacement
Miscellaneous Inquiries

6) Toll-free services for assistance in India. Reach out to the emergency service at 000117, which is followed by 866 765 9644 when asked.
You can contact us at our 24-hour Customer Contact Centre at 0091 22 6600 6022 to get toll-free numbers while calling overseas locations.

*Click here to know more on insurance T&C

Terms and conditions

Rewards are subject to meeting of minimum spends criteria. Spends should be on domestic merchant transactions using Debit Card. The reward points will be credited every month for the previous calendar month in your Kotak Rewards account. Validity of reward points will be 1 year from the date of credit. Details of the same will be communicated through email on registered email id and SMS on registered number. ATM cash withdrawals are not eligible for Rewards. Accrued Reward Points for the last month’s spends will be available in Kotak Rewards Portal latest by 15th of the subsequent month

Disclaimer

In line with RBI guidelines, Kotak Debit Cards issued from 1st Oct’20 can only be used at domestic retail outlets for payments and ATMs, to know how to enable:

Domestic Online payments: Click here for Debit Cards issued from 1st Oct’20 – 6th Jan’21 and for cards issued from 7th Jan’21, click here
International usage, Contactless payments & Tokenization click here