Synopsis: In an Indian financial market crowded with credit cards ranging from premium cards to cashback cards, the Kotak 811 super.money credit card stands out for its rewards on everyday spends with zero joining/annual fees. This article gives an overview on the card along with its features and benefits.
In India, owning a credit card is not always about luxury or premium benefits. It is about convenience, accessibility and bringing up the credit score for the cardholder. This is where the Kotak 811 super.money credit card makes a compelling case for itself.
What is the Kotak 811 super.money credit card?
About the card: the Kotak 811 super.money credit card is designed as a lifetime credit card that is backed with the Fixed Deposit amount along with highly rewarding benefits. The card is exclusively designed to avoid barriers like high income requirements and low credit scores.
Card type: co-branded, lifetime free FD backed credit card.
Fees and charges
- Joining/annual fees: Nil (Rs 249 joining fee for customers with credit limit less than 4500)
- Interest rate: 3.5% (annualized at 42% per annum), 6% on Fixed Deposit.
- Late payment fee: ranging from Rs 100 to Rs 1,3000.
- Forex mark-up rate: 2%
- Credit limit: 90% of the Fixed Deposit
- Fixed deposit rate: minimum Rs 1,000.
Key features and benefits
Instant approval without credit score eligibility.
Cashback benefits:
- Flat 5% cashback on Myntra.
- Flat 3% cashback on Cleartrip.
- Flat 2% cashback on Flipkart.
- Flat 1% cashback on all UPI transactions.
Pros:
- No joining/annual fees, lifetime free credit card.
- Multiple cashback benefits from merchant websites.
- Fixed Deposit rate of Rs 1,000.
- Instant approval without credit score eligibility.
Cons:
- No premium airport lounge access benefits.
- No benefits outside merchant website purchases.
Also Read: Axis Atlas Credit Card Overview: Best Card for International and Domestic Travel in 2026?
Get this card if:
- You are new to credit cards and would like to shape your credit score.
- You are a frequent spender on any of the merchant websites.
- You want a lifetime free credit card with rewarding benefits.
FAQs
You can apply for the Kotak 811 super.money credit card through the Kotak website or the app through your Kotak bank account with a minimum FD of Rs 1,000.
A minimum amount of Rs 1,000 should be eligible for the Kotak 811 super.money credit card.
You cannot withdraw or break your fixed deposit as long as the credit card is active, since the FD acts as collateral for your card limit. If you wish to withdraw your FD, you’ll need to close the credit card account first.
Written by Atin Kevin Fernandez
