Kotak Mahindra Bank Everyday Savings Account - Dead?

[sahil1033]

I had opened Everyday Savings A/C in Kotak Mahindra Bank around September 2023 because of Everyday Debit Card that comes along with this account variant. There were 2 main reasons behind it :
First was, since the debit card was of RuPay Platinum variant, it was beneficial on Amazon Friday offer.
Second was, 30% off upto Rs. 1,000 on EazyDiner 4 times per month.

Recently this debit card was devalued for EazyDiner benefit to 30% off upto Rs. 500 once a month and the AMB requirement had also gone through revision from Rs. 20,000 per month to Rs. 15,000 to Rs. 10,000 per month currently.

But from 1st November 2025 onwards, 30% off benefit on EazyDiner will be reduced to only Rs. 250 per month valid once a month and with this brutal devaluation, this debit card isn't worth at all for annual fee of Rs. 250 + GST.

I'm thinking of closing the bank account altogether now.

If I can switch to any other savings account variant within Kotak Mahindra Bank, please let me know which one would be beneficial with benefits in brief. Also, account holders of Everyday Savings A/C, what are you going to do or have already done?

 

[Lord]

I'm feeling like changing now to an 811 savings account. If anyone has a better idea... Please recc.

 

[sahil1033]

I'm feeling like changing now to an 811 savings account. If anyone has a better idea... Please recc.

I was also checking out 811 Super Savings A/C but didn't understand depositing Rs. 10k every month. I'm exploring more benefits of the account and then will either change to that variant or close the account altogether.

 

[Lord]

I was also checking out 811 Super Savings A/C but didn't understand depositing Rs. 10k every month. I'm exploring more benefits of the account and then will either change to that variant or close the account altogether.

Well, from my understanding... You get 5% CB on transactions up to 10k/month and hence... I'll set an auto transfer from another bank to this one. anyways... Please tell if you find anything better.

 

[vasanth_ece]

I'm feeling like changing now to an 811 savings account. If anyone has a better idea... Please recc.

You can't open 811 account once you have already kotak account

 

[Lord]

You can't open 811 account once you have already kotak account

yes. I'll close everyday to open 811.

 

[vine]

yes. I'll close everyday to open 811.

This is the way. Ironically, other kotak accounts are not useful anymore

 

[sahil1033]

I'll be closing Everyday savings account, if I do so, will I be eligible for 811 Infinity metal debit card LTF if I open 811 super savings account with initial funding of Rs. 81,000 ??

I heard that it's available only for NTB customers and since I already had savings account, I possibly won't be accounted as a NTB customer, is that so?

 

[Lord]

when you close the everyday acc. you become ntb

 

[sahil1033]

when you close the everyday acc. you become ntb

okay, I'll give it a try but my guess is, bank will say customer ID already exists and they possibly won't entertain me as NTB customer ... let's see though

 

[6ix9ine]

okay, I'll give it a try but my guess is, bank will say customer ID already exists and they possibly won't entertain me as NTB customer ... let's see though

No harm in trying

 

[sahil1033]

UPDATE (1-Nov-2025) :

Successfully closed Everyday savings account today.

People at the branch were cross selling their products left and right so that I can keep the bank account open but I didn't want to open any demat or transfer mutual funds only to keep a savings account open and convert it into a zero balance account.

 

[kvndsz512]

UPDATE (1-Nov-2025) :

Successfully closed Everyday savings account today.

People at the branch were cross selling their products left and right so that I can keep the bank account open but I didn't want to open any demat or transfer mutual funds only to keep a savings account open and convert it into a zero balance account.

now after a few days try to open the 811 infinity dc account

 

[sahil1033]

now after a few days try to open the 811 infinity dc account

811 Infinity metal debit card, right?

Do you know what's exactly needed for it? I'll search for it on this forum but if you can tell or route to correct thread, it would be really helpful. Also, can I get all this online?

 

[kvndsz512]

811 Infinity metal debit card, right?

Do you know what's exactly needed for it? I'll search for it on this forum but if you can tell or route to correct thread, it would be really helpful. Also, can I get all this online?

probably offline

and some 81/82k initial funding is required

there is a thread let me check once and see if i can get will dm u the link

 

[kvndsz512]

811 Infinity metal debit card, right?

Do you know what's exactly needed for it? I'll search for it on this forum but if you can tell or route to correct thread, it would be really helpful. Also, can I get all this online?

Post in thread 'Kotak 811 Infinity Metal Debit Card – Unboxing & First Impressions' https://technofino.in/community/thr...unboxing-first-impressions.41035/post-1128909


check this once... he had a salary acc earlier which he closed and got the 811 infinity acc now

 

[sahil1033]

Post in thread 'Kotak 811 Infinity Metal Debit Card – Unboxing & First Impressions' https://technofino.in/community/threads/kotak-811-infinity-metal-debit-card-–-unboxing-first-impressions.41035/post-1128909


check this once... he had a salary acc earlier which he closed and got the 811 infinity acc now

Thanks, will check it out but I've a query ... is 811 Infinity metal debit card even worth it?

I mean, 5% cashback upto Rs. 500 a month isn't that much of a benefit to open a savings account for and not a big fan of metal debit card ... it's good to have but not a dealbreaker. Is there any other big benefit worthy enough?

 

[kvndsz512]

Thanks, will check it out but I've a query ... is 811 Infinity metal debit card even worth it?

I mean, 5% cashback upto Rs. 500 a month isn't that much of a benefit to open a savings account for and not a big fan of metal debit card ... it's good to have but not a dealbreaker. Is there any other big benefit worthy enough?

its okish u just pay 500 per yr for the kotak 811 super nothing else

rest there are few more benefits check once.. like district dining offers etc

okish for 500rs fees a yr

 

[Abhishek012]

Thanks, will check it out but I've a query ... is 811 Infinity metal debit card even worth it?

I mean, 5% cashback upto Rs. 500 a month isn't that much of a benefit to open a savings account for and not a big fan of metal debit card ... it's good to have but not a dealbreaker. Is there any other big benefit worthy enough?

its okish u just pay 500 per yr for the kotak 811 super nothing else

rest there are few more benefits check once.. like district dining offers etc

okish for 500rs fees a yr

Wasn’t there a new T&C update for the Metal debit card saying that a ₹999 fee will be charged from now on? I don’t remember exactly.

I think yeh tha shayad -

While opening an account, if the customer opts for Infinity metal debit card with lumpsum funding of Rs.81,100 or more then issuance fee of Rs.999 (inclusive of taxes) will be applicable.

Kotak 811 Digital Bank Account Fees & Charges | Zero Balance Savings Account - Kotak Mahindra Bank

Kotak Bank 811 digital bank account offers zero balance savings account at minimal fees and charges. Manage your day to day online transaction with ease through our app. Click to know more!

www.kotak.bank.in

 

[kvndsz512]

Wasn’t there a new T&C update for the Metal debit card saying that a ₹999 fee will be charged from now on? I don’t remember exactly.

I think yeh tha shayad -

While opening an account, if the customer opts for Infinity metal debit card with lumpsum funding of Rs.81,100 or more then issuance fee of Rs.999 (inclusive of taxes) will be applicable.

Kotak 811 Digital Bank Account Fees & Charges | Zero Balance Savings Account - Kotak Mahindra Bank

Kotak Bank 811 digital bank account offers zero balance savings account at minimal fees and charges. Manage your day to day online transaction with ease through our app. Click to know more!

www.kotak.bank.in

oh phir toh rip hai not worth it now then ;_;

999 kaun bhare faltu ka