Kotak Credit Cards Devaluation from Aug 1st 2023

[suhasa010]

From 01/08/23, on min. spends of INR 60,000 in a calendar quarter with your Kotak Credit Card 8139 you get 2 Domestic Lounge visits in the next quarter. T&C

Absolutely horrible for an already useless card!!

Per confirmation from others, this devaluation is applicable on following cards:

1. Mojo Platinum
2. Royal Signature
3. Zen Signature

 

[Chaitanya-a]

60k? Bhai firse check karo

 

[suhasa010]

60k? Bhai firse check karo

Abhi SMS aaya Bhai. I couldn't believe it either.
I'll cancel it and ask for White Card upgrade. I have an upgrade to White Card but it's showing paid.
Another useless card but at least no lounge access spend criteria plus looks se*y.

 

[LMN]

Same message for Royal Signature card as well.. now it's of no use..

From 01/08/23, on min. spends of INR 60,000 in a calendar quarter with your Kotak Credit Card 0272 you get 2 Domestic Lounge visits in the next quarter. T&C

 

[Harry1]

Same message for Royal Signature card as well.. now it's of no use..

From 01/08/23, on min. spends of INR 60,000 in a calendar quarter with your Kotak Credit Card 0272 you get 2 Domestic Lounge visits in the next quarter. T&C

Nothing for league platinum (probably because it doesn't have lounge access?😅).

 

[Pgoel06]

It's includes zen signature cards as well

 

[Deleted member 11974]

how are you getting white card ltf?

Abhi SMS aaya Bhai. I couldn't believe it either.
I'll cancel it and ask for White Card LTF upgrade which I have but it's showing paid.
Another useless card but at least no lounge access spend criteria plus looks se*y.

Seems like saturation point has been reached now time to cut back on perks and make lounges a bit less crowded

 

[suhasa010]

how are you getting white card ltf?

Sorry, miscommunication. Edited

Seems like saturation point has been reached now time to cut back on perks and make lounges a bit less crowded

Or Kotak just wants to kill a dead horse.



Applied for cancellation. If they cancel, well and good. otherwise if they offer White card then I'll probably take it.

 

[0xfallup]

View attachment 21359

Applied for cancellation. If they cancel, well and good. otherwise if they offer White card then I'll probably take it.

update here plox what retention team offers

 

[Deleted member 11974]

Or Kotak just wants to kill a dead horse.

Kotak seems to be a dead horse.
No card stands out unlike other banks

 

[Harry1]

View attachment 21359

Applied for cancellation. If they cancel, well and good. otherwise if they offer White card then I'll probably take it.

U didn't even ask for white card😅, how will they give.

 

[suhasa010]

U didn't even ask for white card😅, how will they give.

They will call no 😈

If I ask now then they'll think I'm fishing for it.

I didn't mention anything last time (Urbane>Mojo) as well - like what card I want.

 

[RajBlr]

They will call no 😈

If I ask now then they'll think I'm fishing for it.

I didn't mention anything last time (Urbane>Mojo) as well - like what card I want.

Go for Privy league Signature if you are eligible

You can earn 1600 cash quartely by spending 1000/month in that quarter

See my thread on the same - https://www.technofino.in/community...s-1600-quarter-with-3k-spend-1k-monthly.5280/

 

[pprakash11]

60k? Bhai firse check karo

Achha hai nahi hai card 🤣🤣 warna DCP se jyada dukh hota mujhe.

 

[Heehaahee]

Absolutely horrible for an already useless card!!

Per confirmation from others, this devaluation is applicable on following cards:

1. Mojo Platinum
2. Royal Signature
3. Zen Signature

Oh no, horrible news.. what will a guy eat now???😭😭😭😡😡😡😡😫😫😫😫

 

[Chaitanya-a]

Achha hai nahi hai card 🤣🤣 warna DCP se jyada dukh hota mujhe.

Wahi bhai 1200 ki lounge use krne k liye 60k kon khrch krta🤣

 

[greenmail007]

There was a news related lounge access.

Banks reduce airport lounge access for non-premium credit cards, shift focus to reward programs​

 

[plastikman]

Go for Privy league Signature if you are eligible

You can earn 1600 cash quartely by spending 1000/month in that quarter

See my thread on the same - https://www.technofino.in/community...s-1600-quarter-with-3k-spend-1k-monthly.5280/

Hopefully they don't take that away 🤣😅

 

[starstruck]

Got the same message. Thankfully Zen is LTF.

 

[NOOBY]

lol, that's bad... asking someone to shell out min 2.4L throughout the year for using lounge access..

and here I though HDFC asking 12k for Dines was too high 😛

ICICI is looking quite good now with 5k (If they do not increase now after HDFC and Kotak) 😛