Kotak Urbane Gold Credit Card – Features, Benefits and Application Process in a Nutshell

Credit cards are an essential financial tool nowadays to get the most of the money spent. Whether you are fueling the car, paying a utility bill, settling an online bill or eating at your favourite restaurant, a credit card ensures that you can pay for just about anything under the sun, all the while enjoying rewards, cashback benefits, discounts or rebates! From among the entire portfolio of credit cards in India, the Kotak Urbane Gold Credit Card is a good option for those seeking a mix of lifestyle benefits, low-cost maintenance and an exciting rewards program.

Here’s what you need to know about the features, benefits, fees and everything else better about the Kotak Urbane Gold Credit Card and why it is the right card for those who are after a mix of day-to-day rewards and premium privileges.

Summary of the Kotak Urbane Gold Credit Card

Kotak Urbane Gold Credit Card is for those of you who want to earn maximum on day to day spends with top features on reward points and offers. One of India’s top private sector banks, Kotak Mahindra Bank has developed this card with its customers in mind who are looking for a hassle-free, rewarding and convenient lifestyle.

This product offers affordable annual fees with useful perks like cash rebates on dining, utilities, and online shopping as well as rewards for everyday expenditure. If you are a working professional or a student, Kotak Urbane Gold Credit Cardcan be a perfect offering for you, adding all the privilege features to make shopping and finance management, interesting.

Key Highlights of Kotak Urbane Gold Credit Card

Reward Points Program

Reward points of Kotak Urbane Gold Credit Card One of the most appealing attractions of the Kotak Urbane Gold Credit Card is its reward point mechanism that ensures that card customers accumulate points on every spend they make. It adds up 2 reward points for every ₹100 you spent on non-fuel transactions for groceries/grocery shops, portals, and utility bill payments.

Bonus Redemption: The bonus points earned can be redeemed for a plethora of rewards like gifts, vouchers, traveler’s benefits and even statement credits. Every 2 points redeemed are worth ₹1 which will be credited to your desired category( shopping, dining, rewards or travel and entertainment ).

Welcome Benefits

Bonus Reward Points: New users receive a bonus of 1,000 welcome points when the card is activated. This is a fantastic way to start your credit card journey and you can start earning rewards straight away from your first spend.

Exclusive Partner Offers: Kotak Urbane Gold Credit Card members can avail exclusive offers and discounts through partner brands and merchants. The options are for discounted apparel, electronics, dining and travel, among other offers.

Dining Privileges

Eating out gets exciting with the Kotak Urbane Gold Credit Card. Restaurants where the cardholders can benefit of discounts, so that they can enjoy a healthy and favorite meal at a lower cost. It does not matter if it is a modest dinner or a meal in a fancy restaurant, this perk guarantees that you get to put some money back in pocket each and every time you pick a place to eat.

Partner Restaurants: Enjoy exclusive deals and discounts from a selection of eateries and restaurants, that includes neighborhood cafes and grills to elite and upscale dining establishments.

Fuel Surcharge Waiver

Car users who are frequent travellers also enjoy the freedom from fuel surcharge that they get using this card. Cardholders receive a 1% fuel surcharge wavier across all the petrol pump in India for anywhere between ₹500 to ₹3,000 of spends.

Max Waiver: Cardholders can redeem a waiver of ₹100 on fuel, and when you are a regular driver, even this waiver can become a big value saver.

Waived Annual Fee and Renewal Fee

Joining/Annual Fee: You will be charged an annual fee of ₹499 for the Kotak Urbane Gold Credit Card.

Fee Waiver: The renewal fee is waived off if the cardholder spends ₹1 lakh or more in a year. This perk can encourage you to use your card for everyday expenses, and avoid paying an annual fee entirely (assuming you take full advantage of your card).

Contactless Payments

The Kotak Urbane Gold Credit Card comes with contactless payment feature, for faster and secure transactions. Just tap the card at any contactless reader and your purchase is complete in a split second. This is ideal when you are making small purchases such as groceries, coffee, or snacks.

Easy Bill Pay Facility

Easy Bill Pay: Cardmembers can also use the Easy Bill Pay facility to pay for their utility bills viz. electricity, gas, mobile phone, internet and much more via the card. This function simplifies the process of paying your bill so you can save time and trouble.

Pros of Kotak Urbane Gold Credit Card

The Kotak Urbane Gold Credit Card is not only a rewards-based credit card, it is one that is replete with benefits, offering value in your day to day spends making it one of the top credit cards out there for value.

Online Shopping and E-Commerce Benefits

In this digital age, online shopping has become something that we all do. Using the Kotak Urbane Gold Credit Card, there is also enhanced reward points for online spending. Be it shopping on any portal like Amazon or Flipkart to filling fuel, making a payment to your local store or utility bill, you maximise reward points.

Travel Benefits

Kotak Urbane Gold Credit Card also offers travel-related privileges including discounts on airfare, hotel reservations and so on. Cardholders will earn reward points that they can redeem for travel expenses and they will get special offers on travel booking via Kotak’s partner platforms that could be found within this section.

Airline Discounts: The card provides discounts on flight bookings and also users can use the reward points in exchange of air miles or flight bookings. For those that travel often, this would be a great way to cut the overall cost of travel bills.

Convenient Repayment Options

Features Flexipay: The Flexipay feature of the Kotak Urbane Gold Credit Card is one of the best. Even if it is a big purchase, you have the option to convert the payment into EMIs. This loan is designed to take care of big purchases, without disturbing your monthly budget.

Cash Withdrawal: It also allows the cardholders to withdraw cash from any ATM in India and around the world in the event of any emergency. And while there would be interest charges on any cash withdrawals, that option adds a layer of flexibility.

What Makes Kotak Urbane Gold Credit Card Stand Out?

Low Annual Fees and Waivers

At just ₹499 per annum, the Kotak Urbane Gold Credit Card is excellent value, based on the perks appeal. The inclusion of an annual fee waiver as long as a certain spending target is met makes the card even more attractive, and fairly cost-efficient for frequent cardholders.

Versatile Rewards System

Whereas a lot of credit cards will only reward you for purchases in certain categories, the Kotak Urbane Gold Credit Card has a more flexible rewards system. Cardholders can accumulate points across many categories, including groceries and online shopping, so it’s good for a variety of spending types. The points earned can be redeemed for a various listing of categories such as shopping, dining, travel and even entertainment that gives a credit card user greater choice.

No Hidden Charges

With transparent conditions on fees, rewards, and waivers, the Kotak Urbane Gold Credit Card does not have any sort of hidden costs associated with it. Cardholders always know what they are paying for, so it’s a transparent choice typically preferred by people who like to know where they stand with payments.

Eligibility for Kotak Urbane Gold Credit Card

The Kotak Urbane Gold Credit Card eligibility factor is kept flexible enough to accommodate most individuals, including those who are salaried as well as self-employed.

Age: It is compulsory for interested participants to be from 21 to 60 years of age.

Income:

• Salaried people must earn at least ₹25,000 a month.

• For self-employed applicants, the minimum annual income should be at least ₹4 lakh.

Your Credit Score: You need a good credit score to qualify for the card. Most recommend a credit score of at least 750.

Final Thoughts

The Kotak Urbane Gold Credit Card is a well-rounded one that provides low fees, generous rewards and lifestyle privileges. With arms wide open to all kinds of rewards under the sun including dining rebates, travel deals and lifestyle offers, it is the perfect companion for times when you want it all yet cost nothing at all. Be it a jet setter or a shopaholic or binging on amazing food, Kotak Urbane Gold Credit Card is here to give you an experience that is unparalleled Get more per rupee spent.

This is the perfect card for those that want to start building a financially rewarding lifestyle; One without complicated terms and conditions, low fees and a competitive rewards programme.