Kotak811 super.money 3 in 1 account

[sovon]

Kotak811 super.money Credit Card, which is part of Kotak’s new 3-in-1 Super Account.
It includes:

1. A zero-balance savings account,
2. A fixed deposit (FD), and
3. A secured credit card backed by that FD.

It looks great for people who are new to credit or don’t have a CIBIL score yet. Sharing a quick breakdown for anyone curious.

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What this card offers​

• You open a fixed deposit (minimum ₹1,000) under your Kotak811 account.
• You get a credit limit up to 90% of that FD (so a ₹10,000 FD gives about ₹9,000 credit limit).
• Virtual card is issued instantly through the app; physical card is free if FD ≥ ₹5,000 (else ₹249 + GST).
• Cashback: 5% on Myntra, 3% on Cleartrip, 2% on Flipkart, 1% on UPI and other spends.
• The FD continues earning interest while it secures the card.
• You can use this credit card for UPI payments (Google Pay, PhonePe, Paytm, etc.).
• No CIBIL score required for approval — since it’s FD-backed.

---

FAQ :​

• What is this account?
  A 3-in-1 setup combining a zero-balance savings account, a fixed deposit, and an FD-backed credit card.
• Minimum FD? ₹1,000 (₹5,000 if you want free physical card).
• Credit limit? Up to 90% of FD value.
• FD interest rate? Around 6% p.a. (same as normal Kotak FD).
• Is it instant? Yes, virtual card issued instantly after FD booking.
• Joining / annual fee? Lifetime free if FD ≥ ₹5,000; else ₹249 + GST for physical card.
• UPI support? Yes, works with UPI apps (GPay, PhonePe, etc.).
• How to increase limit? Add more funds to FD via the app.
• If FD is withdrawn? Credit limit reduces or card may close.
• If bill isn’t paid? Late fees apply; after 60 days FD may be liquidated.
• Can I close the card anytime? Yes, after clearing dues.
• Does FD keep earning interest? Yes, normal FD interest continues.
• Who can apply? Anyone with a Kotak811 account — no credit score needed.
• Where to manage? Everything (savings, FD, card) in the super.money or Kotak811 app.

Source: https://www.kotak811.com/credit-cards/811-super-money-credit-card​

Install Supermoney App and join waitlist, they are saying we will get the access within 7 days.

 

[hender]

Kotak811 super.money Credit Card, which is part of Kotak’s new 3-in-1 Super Account.
It includes:

1. A zero-balance savings account,
2. A fixed deposit (FD), and
3. A secured credit card backed by that FD.

It looks great for people who are new to credit or don’t have a CIBIL score yet. Sharing a quick breakdown for anyone curious.

---

What this card offers​

• You open a fixed deposit (minimum ₹1,000) under your Kotak811 account.
• You get a credit limit up to 90% of that FD (so a ₹10,000 FD gives about ₹9,000 credit limit).
• Virtual card is issued instantly through the app; physical card is free if FD ≥ ₹5,000 (else ₹249 + GST).
• Cashback: 5% on Myntra, 3% on Cleartrip, 2% on Flipkart, 1% on UPI and other spends.
• The FD continues earning interest while it secures the card.
• You can use this credit card for UPI payments (Google Pay, PhonePe, Paytm, etc.).
• No CIBIL score required for approval — since it’s FD-backed.

---

FAQ :​

• What is this account?
  A 3-in-1 setup combining a zero-balance savings account, a fixed deposit, and an FD-backed credit card.
• Minimum FD? ₹1,000 (₹5,000 if you want free physical card).
• Credit limit? Up to 90% of FD value.
• FD interest rate? Around 6% p.a. (same as normal Kotak FD).
• Is it instant? Yes, virtual card issued instantly after FD booking.
• Joining / annual fee? Lifetime free if FD ≥ ₹5,000; else ₹249 + GST for physical card.
• UPI support? Yes, works with UPI apps (GPay, PhonePe, etc.).
• How to increase limit? Add more funds to FD via the app.
• If FD is withdrawn? Credit limit reduces or card may close.
• If bill isn’t paid? Late fees apply; after 60 days FD may be liquidated.
• Can I close the card anytime? Yes, after clearing dues.
• Does FD keep earning interest? Yes, normal FD interest continues.
• Who can apply? Anyone with a Kotak811 account — no credit score needed.
• Where to manage? Everything (savings, FD, card) in the super.money or Kotak811 app.

Source: https://www.kotak811.com/credit-cards/811-super-money-credit-card​

Install Supermoney App and join waitlist, they are saying we will get the access within 7 days.

1-Via Super.Money ONLY or Kotak 811 both !!

 

[CarbonLogic]

Its not any different from USFB FD Supercard is it? That flat 1%CB on all UPI spends is supposed to have a * which should state minimum threshold of Rs100.

Questions I would have here are:
1. Can USFB Supercard holders apply for 811 Supercard?
2. Can 811 Super Savings account holders apply for this card since applying for this card also opens up a Savings account in Kotak which apparently is managed through Kotak's app?

The card looks great though. The gradient from Kotak's red to Supermoney's blue is very nice

 

[sovon]

1-Via Super.Money ONLY or Kotak 811 both !!

They're saying we can handle the account from both app

 

[sovon]

Its not any different from USFB FD Supercard is it? That flat 1%CB on all UPI spends is supposed to have a * which should state minimum threshold of Rs100.

Questions I would have here are:
1. Can USFB Supercard holders apply for 811 Supercard?
2. Can 811 Super Savings account holders apply for this card since applying for this card also opens up a Savings account in Kotak which apparently is managed through Kotak's app?

The card looks great though. The gradient from Kotak's red to Supermoney's blue is very nice


View attachment 113372

1. Still not sure, but my brother got the option to join the waitlist, he is holding the usfb fd card. So I think it's possible to hold both
2. Kotak 811 is the main attraction also Kotak has more instant discount offers than usfb.

 

[sunit123]

Ch***** banane ki ninja technique

 

[CarbonLogic]

1. Still not sure, but my brother got the option to join the waitlist, he is holding the usfb fd card. So I think it's possible to hold both
2. Kotak 811 is the main attraction also Kotak has more instant discount offers than usfb.

2. Where does it have more instant discount offers?

 

[sovon]

2. Where does it have more instant discount offers?

Myntra, amazon
Not regularly but aata hai

 

[6ix9ine]

This is worst than 811 super account.

 

[komal]

This is worst than 811 super account.

Why ? ?

 

[6ix9ine]

Why ? ?

‎ ‎ ‎

Cashback: 5% on Myntra, 3% on Cleartrip, 2% on Flipkart, 1% on UPI and other spends.

 

[Anwar]

Anyone got access to the card?

 

[sovon]

Anyone got access to the card?

Nope 😔 😔

 

[komal]

Anyone got access to the card?

Abhi abhi to launch hua hai waitlist chalra

 

[prvn7363]

Anyone got access to the card?

not yet bro

 

[nixflix]

So basically another new toy to trap people into FDs and new accounts. Interesting.

 

[sovon]

So basically another new toy to trap people into FDs and new accounts. Interesting.

Abhi India me yehi chal raha bhai.
Kisi din dekhunga Swiggy, Zomato, jio sab fd card launch kar denge

 

[hender]

Abhi India me yehi chal raha bhai.
Kisi din dekhunga Swiggy, Zomato, jio sab fd card launch kar denge

Main to oo la la ....oo la la.. bole to
Ola FD 😂

 

[sovon]

Main to oo la la ....oo la la.. bole to
Ola FD 😂

Ola abhi bhi zinda hai ye financial market mei?

 

[ritam12345]

After giving offer to apply, instant reject my card