hop on airplanes branded with exclusive benefits using Kotak Bank Royale Signature credit card. best travel credit card provides travel benefits, priority assistance, and other redemption options on purchases made in India and abroad. this card is suitable for people who travel frequently as it provides dining, shopping and hotel privileges. make your Kotak credit card payment via CRED to earn additional rewards and cashback.
now, let’s have a look at the Kotak Royale Signature credit card benefits, eligibility criteria, fees and charges and more in this article.
travel and lifestyle benefits
complimentary access to airport lounges in India with benefits such as gourmet meals, comfortable seating, widescreen TV and more
unique rewards and redemption benefits
4X reward points on every ₹150 spent across all purchases (restaurants, travel agencies, airlines and international spends)
protection in emergencies
insurance cover of ₹2.5 lakh against fraudulent use of credit card in the event of theft or loss
1% fuel surcharge waiver on all transactions between ₹500 and ₹3,000
pay your monthly dues by availing complementary cheque pick-up service offered by the bank
same benefits as the primary card
an applicant should meet the following criteria to successfully apply for Kotak Royale Signature credit card:
type of fee/charge
₹999 (waived off on spending ₹1 lakh in a year on retail spends)
add-on card fee
interest charged on outstanding balances
3.4% (annualized 37.2%)
minimum amount due
5 to 10% of the total amount
ATM cash withdrawal/fund transfer/cash advance per ₹10,000 or part thereof
late payment charges (LPC)
₹100 for statement outstanding less than or equal to ₹500
over limit charges
cheque bounce charges
foreign currency mark up
fee for cash payment at bank
copy of Credit Information Report (CIBIL)
you can use the contactless payment at merchant stores that accept Visa PayWave transactions. check for the contactless logo of Visa PayWave at the point of sale to know if the credit card is accepted at the merchant location.
no. you will be offered an interest-free period on retail transactions but not cash transactions.
no. you can choose to redeem as many reward points you want to using the credit card.
points will expire after two years from the date they are earned.
the bonus points would be credited to your card at the end of the anniversary period.
once you’ve placed a request, you will not be able to cancel it.
for railway transactions, the maximum surcharge waiver allowed in a year is ₹500. for fuel transactions, it is restricted to ₹3,500 in a year.