Kotak White Credit Card: Check Eligibility, Benefits & Apply Online

The Kotak White Credit Card is a high-net-worth individual-focused lifestyle credit card. The card is ideal for heavy spenders and those particularly interested in taking advantage of travel privileges.

It costs Rs. 3,000 per year. With the card’s special rewards program, you may accrue a White Pass Value by purchasing it. After that, this value can be exchanged for premium brand gift cards.

We will examine the card’s details in greater depth so you can determine if this is the best option for you. 

Kotak White Credit Card Details

• White Pass Value: Instead of earning points, you accumulate White Pass value on your spending.
• Milestone Rewards: Earn White Pass value by reaching spending milestones.
• Welcome Bonus: Get a voucher worth Rs. 1,500 upon spending Rs. 30,000 within 60 days of card issuance.
• Annual Fee: The annual fee is ₹3,000, so factor that into your decision.
• Fraud Protection: You can get protection against unauthorised transactions worth Rs. 2.5 lakh.

Kotak White Credit Card – Fees and Charges

• Spend-Based Waiver: Waived if you spent Rs. 5 lakh or more in the previous year
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% + GST
• Interest Rates: 3.1% per month (37.2% annually)
• Fuel Surcharge: Waived for transactions between Rs. 500 and Rs. 3,000 (maximum waiver of Rs. 3,500 per year)
• Cash Advance Charges: Rs. 300 per Rs. 10,000 (or part thereof) withdrawn

Reward Redemption

Here are the steps to Redeem Kotak White Credit Card Value:

• Spend ₹2 lakh or more on your Kotak White Credit Card to unlock your accumulated White Pass value.
• A link to redeem coupons for the value of your activated White Pass will be sent to you via email and SMS.
• Open the email or SMS and click the link to take you to the White Pass redemption page.
• Enter your registered mobile number for verification.
• If your details are valid, you will receive a one-time password (OTP) for your registered mobile number. Enter the OTP and the last four digits of your credit card number to complete the validation process.
• Explore the redemption portal’s various brands, categories, and voucher denominations.
• Choose your desired brands and voucher denominations, and confirm your selection.
• Upon successful confirmation, you will see a screen displaying your voucher code, validity period, other relevant details, and terms & conditions. You will also receive these details via SMS and email for your reference.

Advantages of Kotak White Credit Card

1. Unique Reward System: Instead of points, you earn a “White Pass Value” based on spending milestones. This value can be redeemed for vouchers from premium brands across various categories, such as apparel, dining, and travel.
2. Travel and Lounge Benefits: The card offers complimentary Priority Pass membership, granting access to over 1,300 airport lounges worldwide.
3. Fuel and Railway Surcharge Waivers: You can save on fuel surcharges (up to Rs. 3,500 annually) and railway booking surcharges (up to 2.5%).
4. Other Benefits: Welcome gift vouchers, purchase protection, and EMI conversions on purchases above Rs. 2,500.
5. Annual Fee Waiver: The annual fee of Rs. 3,000 can be waived if you spend Rs. 5 lakh a year.

Disadvantages of Kotak White Credit Card

1. No Direct Cashback: Unlike some cards, you cannot redeem your rewards directly for cash.
2. Limited Reward Categories: The White Pass vouchers are restricted to partner brands, potentially limiting your redemption options.
3. Automatically Expires: White Pass has an automatic expiration date.
4. Short Claim Period: Your White Pass has a shorter claim period, only one year and three months.

Features and Benefits of Kotak White Card

Popular White Credit Card from Kotak Mahindra Bank has a special rewards program in addition to a number of other exciting benefits. Below are this card’s specific features and benefits in detail:

• White Pass Rewards: Forget points that are accumulating slowly. The White Pass system rewards you with real value on every purchase, big or small. This value translates into redeemable points for experiences you will truly cherish.
• Welcome Bonus: Just for joining the Kotak White family, you will be greeted with a substantial welcome bonus. Meet the minimum spending requirement of Rs. 30,000 during the first sixty days of card creation to receive a gift certificate worth Rs. 1,500.
• Travel Benefits on Domestic Airport Lounges: You get 8 complimentary visits to domestic airport lounges within India each year, with a maximum of 2 visits per quarter. These lounges typically offer comfortable seating, complimentary food and drinks (which may or may not be gourmet), widescreen TVs, newspapers, magazines, and free Wi-Fi.
• Travel Benefits on International Airport Lounges: You may enjoy more than 1,300 airport lounges across 148 countries with the free Priority Pass membership. Out of these, you get 4 complimentary visits per year, specifically to international airport lounges. The amenities offered at international lounges may vary but can include similar offerings to domestic lounges, and potentially even more premium options.
• Insurance Benefit: Enjoy coverage of up to Rs. 2.5 lakh for unauthorised transactions on your lost or stolen card. This applies to transactions made 7 days before you report the loss to the bank.
• Fuel Savings on Every Pump Visit: Get a 1% surcharge waiver on all your fuel purchases across India for transactions between Rs. 500 and Rs. 3,000. That’s like getting a direct discount on every litre! Plus, this benefit maxes out at a generous Rs. 3,500 per year, so you can keep saving throughout the year.
• Reduced Railway Ticket Costs: Enjoy a waiver on railway booking surcharges, ranging from 1.8% to 2.5%, for tickets purchased through the IRCTC website or railway counters. This might result in substantial cost savings on your travel expenditures, particularly for lengthy or frequent visits. Better yet, there is an annual cap of Rs. 500 on this benefit.
• Rewards That Keep on Giving:  The Kotak White Card goes beyond just everyday purchases. As you reach spending milestones, you will be rewarded with bonus points, making it an even more rewarding proposition for frequent users. The more you spend, the more you are pampered, making this card ideal for those who truly appreciate the finer things in life.

Eligibility Requirements of Kotak White Credit Card

The Kotak White Credit Card for individuals comes with some basic eligibility requirements that include:

1. Primary Cardmember Age: The following are the requirements needed to acquire the Kotak White Credit Card: Applicants must be between the ages of 28 years and 65 years. The age range also proves that the applicant is of sound mind and has enough experience to manage finances independently.

2. Add-on Cardholder Age: Kotak White Credit Card can include anyone from the cardholder as an authorised user if they are 18 years or above. This enables you to extend your credit limit to your dependents or relatives, thus enabling them to establish a positive credit rating.

3. Annual Income: The Kotak White Credit Card’s prerequisites that one must meet include an earning capacity of Rs 25 lakh or above per annum. This indicates that the consumers have the ability to pay corresponding sums on credit cards, and thus, their solvency is evident.

4. Location: While you can apply for the Kotak White Credit Card online, getting the card approved might be subject to residing in certain metropolitan cities. These cities include:

• Delhi/Noida/Gurgaon
• Mumbai
• Ahmedabad
• Bangalore
• Chandigarh
• Chennai
• Hyderabad
• Kolkata
• Pune

Documents Required at Hand For Applying for Kotak White Credit Card

The following document should be handy when preparing to apply for a Kotak White Credit Card. Once you confirm your participation in the program, it is time to gather all the necessary documents to ensure that all the application procedures are smooth. What you will need is as follows: What you will need is as follows:

1. Proof of Identity (POI): The POI document could be any one of the PAN Cards, Aadhaar cards, Voters’ ID cards, or Passports, but it has to be valid.
2. Proof of Address (POA): You can utilise your Aadhaar Card (if the address is updated), utility bills (electricity, water, telephone) not older than three months, or a rental agreement with your landlord’s signature for POA.
3. Income Proof: The latest salary slip, along with Form 16, is ideal for salaried individuals. Self-employed individuals can submit income tax returns along with bank statements reflecting income.

Application Process for the Kotak White Card

Applying for the Kotak White Credit Card is a straightforward process. Here’s a step-by-step guide:

1. Check Eligibility: Before applying, ensure you meet the age, location, and income requirements mentioned earlier.
2. Visit the Kotak Mahindra Bank Website: Go to the Kotak White Credit Card webpage on the Kotak Mahindra Bank website.
3. Initiate the Application: Click the “Apply Now” button and complete the online application form accurately. Be prepared to provide details like your name, contact information, proof of income, and employment details.
4. Document Submission: You might be required to upload scanned copies of documents like your PAN card, address proof, and income tax returns.
5. Verification Process: Once you apply, Kotak Mahindra Bank will initiate the verification process. This may involve a telephone verification or a visit from a bank representative.
6. Approval and Issuance: Your Kotak White Credit Card will be generated and mailed to the address you provided after your application has been approved and your eligibility has been confirmed.   

Kotak Bank White Credit Card Rewards

White Pass value is essentially reward points you earn using your Kotak White Credit Card. The program works on a milestone basis. You don’t earn any White Pass value until you spend Rs. 2 lakh on your card. Once you cross that threshold, you will start earning the White Pass value according to the spend tiers in the table.

For example, if you spend between Rs. 2 lakh and Rs. 4 lakh, you will earn Rs. 2,000 in White Pass value. That amount is added to your total White Pass value, which becomes Rs. 2,000 (since you weren’t earning any points before you hit the Rs. 2 lakh mark).

White Pass value you earn for each spending tier:

• Spend less than Rs. 2 lakh: Rs. 0
• Spend between Rs. 2 lakh and Rs. 4 lakh: Rs. 2,000
• Spend between Rs. 4 lakh and Rs. 6 lakh: Rs. 4,000
• Spend between Rs. 6 lakh and Rs. 9 lakh: Rs. 6,000
• Spend between Rs. 9 lakh and Rs. 12 lakh: Rs. 7,000
• Spend Rs. 12 lakh and above: Rs. 8,000

The maximum White Pass value you can earn in a year is Rs. 27,000. Also, your White Pass value resets to zero every year on your card’s anniversary date. After the reset, you have an additional three months to claim any unused White Pass value. For example, if June 1st is your card anniversary, you can claim any White Pass value you accrued between June 1st of the prior year and May 31st of the current year up to September 1st.

Kotak White Credit Card Visa payWave

As everyone knows, Kotak is a private-sector bank that offers several enhanced benefits. For balance maintenance, the Kotak White Credit Card has a Visa payWave.

The features that come with the Visa payWave are listed below:

• Wave Card: The Visa payWave has made transactions easier. You no longer need to input the PIN each time you purchase. To make a payment, wave your credit card over to the reader.
• Protection: Because several levels of protection safeguard the funds, you don’t have to worry about any fraudulent or illegal transactions.
• Exchanges Limit: You may make purchases with the Kotak White Credit Card’s Visa payWave up to Rs. 5,000 without entering a PIN.
• Contactless Payment: It made contactless payment methods possible. It was unnecessary for you to put the card down when paying.
• Faster Payment: A safer and quicker payment option is made possible by Visa payWave.

How does the Visa PayWave Kotak White Credit Card work?

The following are detailed instructions on how to operate the White Card Kotak mechanism:

Step 1: Look for the Visa payWave emblem. Also, check the point of sale for the contactless logo.

Step 2: The shop cashier will now input the amount into the terminal. In the interim, the contactless reader will also show the amount.

Step 3: Just swipe your White Card over the POS instead.

Step 4: After a successful transaction, an indication will appear with four green or beep noises. It will then proclaim the transaction to be finished. 

Customer Support

1. Dedicated Support: When you have a question or need help with your White Credit Card, you don’t have to wait in line with other customers. Simply send an SMS with the text ‘KPRIVY’ to 5676788. You will hear from a bank representative to resolve your issue in less than thirty minutes.

2. Extended Availability: This priority service is available during weekdays, Monday through Saturday, from 9:30 AM to 6:30 PM. However, there are a few exceptions to keep in mind:

• The service is not available on the second and fourth Saturdays of each month.
• It’s also unavailable on bank holidays.

3. Reporting a Lost Card:If your White Credit Card is ever lost or stolen, you can take immediate action by dialling the 24/7 toll-free number 1800 209 0000. A representative will be available to assist you anytime, day or night.

• Get 4% cashback on Uber rides and 4 free domestic airport lounge access every year.
• If you book hotels and flight tickets through the Cleartrip application using Flipkart credit card, you can earn 4% cashback.

Conclusion

While the annual fee of Rs. 3,000 for the Kotak White Credit Card might seem a bit expensive, you have to consider the value you get from the White Pass program. Unlike many reward cards offering bonus points in specific spending categories, the White Pass gives you points on all purchases. This makes it a good option for someone who spends across various categories throughout the year. 

However, the key factor to consider is whether you can meet the minimum spending requirement of Rs. 2 lakh to activate the White Pass program. If you are confident that you have exceeded this threshold, the Kotak White Credit Card with its White Pass system can be rewarding. If not, better credit card choices might be available with lower annual fees and reward programs that better suit your spending habits.

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