Kotak is offering Life Time Free variant of Kotak White Credit card. Try your luck.
-
Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.
Kotak White Credit Card being offered at Life Time Free
- Thread starter Subhankar
- Start date
Nemesis
TF Premier
Just cause it shows 25L criteria with lounge access.... I think
Lounge Access. Premium Looks.
I am little skeptical about the Lounge Access being offered in the LTF version.
i only applied cause i have no kotak cc, and wanted zen or league, have no actually use for that. so yeah i understand your question. even though the actually white kotak either paid then converted into LTF or vise-vera have good lounge access as per comment mentioned in this thread. but this actually pvr card benefit in the name of kotak reserve.
before applying i did check twitter and there was no buzz for this, and so i think it a trap from kotak card or technical glitch so let wait for few working days will come to know the truth then will complete the VKYC.
Yes this code change trick is working for white and zen sig. Didn't work for Indian oil or myntra card
Complete the VKYC but do not activate the card until you confirm the benefits.
We have 30 days grace period. They also remove the Credit Enquiry if card is not activated within 30 days. I have seen it somewhere.
Since your credit enquiry is already done, this is the only way to get it removed.
ohhh that work with kotak bank too? i though it might not work! was aware but wasn't sure. thanks for the info. now if possible do give me the that thread or post link (big if then to cross verify one again if possible will search for that too and ask that person just to be safe.) will act once people start receiving their white card then only will act now cause 5-7 working days if not pending application is not applied, shouldn't be a issue and i might receive one call within that time frame too from kotak, won't trust them but have application form with zero joining fees and annual fees though.
Let someone who have got white confirm if its the full version of the card or not otherwise kotak would be the first bank to offer different versions of same card one with reduced features for ltf. Are they even allowed to do this by rbi?
Complete the VKYC. The Card will remain LTF in any case. You can complain to RBI also since it is mentioned in the application form.
Case 1: You complete the VKYC and receive the Card.
Pros:
You have 30 days grace period according to RBI Guidelines. Bank does not report your CC Account unless it is activated.
You still have the bargaining power left since you have not activated the card.
There's a possibility that they offer you the paid benefits in the LTF card itself if you fight.
You get the Premium Card to keep although it will be inactive.
You will have the option to downgrade to other cards such as Zen LTF if you are not satisfied with the benefits of White LTF without wasting another enquiry.
We will get to know the exact information if you receive the card. So, it will be beneficial for the community.
Cons:
No cons as such, since credit enquiry is already made. This is the only loss
Case 2: You don't complete the VKYC
Pros:
No pros as such. Your card isn't going to be reported to cibil anyways. You have the bargaining power left in this case also.
Cons:
You will not get the card to keep.
You will not be able to know the exact information.
You will lose the option to downgrade to other cards such as Zen LTF if you are not satisfied with the benefits of White LTF.
No. They won't charge any Joining Fees until you activate the card.
Even if they do, you are not liable to pay. They will reverse it and close the card.
Nothing will be reported to CIBIL.
Did you ask customer care if it have lounge access also like paid white card?
Welcome to the club.
Your Kotak
- Get 1 free PVR movie ticket* every month when you spend ₹ 10,000 and above in a monthly billing cycle
- Get 2 free PVR movie tickets* every month when you spend ₹ 15,000 and above in a monthly billing cycle
- Shop Anywhere in India using your PVR Kotak Credit Card to get your free PVR movie tickets. Available for ANY TIME , ANY DAY , ANY SHOW
