MyFinCards
811 Dream Different Credit Card

Joining Fee

Free

Annual Fee

Rs. 0 + Taxes

0
Kotak Bank
Rewards
Cashback
Fuel
Best For: First-time credit card users, Those without a credit history, Online shoppers, Those seeking a secured lifetime-free credit card

811 Dream Different Credit Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.25

0

Pros

  • Lifetime free card with no joining or annual fee
  • 4x reward points on online spends
  • Interest-free cash withdrawal up to 48 days
  • No expiry on reward points
  • Credit limit up to 90% of fixed deposit amount
  • Fuel and railway surcharge waiver
  • UPI enabled

Cons

  • Requires a fixed deposit as collateral for credit limit
  • No reward points on fuel and railway spends
  • No reward points on cash withdrawals
  • Rs. 100 processing fee per ATM cash withdrawal

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Reward points not earned on fuel and railway spends despite surcharge waiver

Reward points not earned on cash withdrawals

Fuel surcharge waiver capped at Rs. 3500 per year

Railway surcharge waiver capped at Rs. 500 per year

Key Benefits & Features

Interest-free cash withdrawal up to 48 days; cash withdrawal up to 90% of total credit limit; Rs. 100 processing fee per ATM withdrawal

Credit limit up to 90% of fixed deposit amount; credit limit known upfront at time of application

UPI enabled credit card

Add-on card with customizable spend limits and separate spend tracking

No expiry of reward points

Notable Exclusions

No reward points on fuel spendsNo reward points on railway spendsNo reward points on cash withdrawals

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

Official Terms & Conditions

About 811 Dream Different Credit Card

The Kotak811 Dream Different Credit Card is a lifetime-free secured credit card designed to make credit accessible for everyone, including first-time users and those without an established credit history. Backed by a fixed deposit, the card offers a credit limit of up to 90% of the deposit amount, which is communicated upfront at the time of application, giving cardholders full transparency and control from day one. The card rewards everyday spending with 4 reward points for every Rs. 100 spent online and 1 reward point for every Rs. 100 on all other purchases, with no expiry on accumulated points. Cardholders also benefit from interest-free cash withdrawals for up to 48 days, a 1% fuel surcharge waiver at petrol pumps for transactions between Rs. 500 and Rs. 4,000, and railway surcharge waivers on IRCTC and Indian Railways bookings. The card is UPI-enabled and supports balance transfers from other credit cards at a nominal processing fee. Additional features include an add-on card facility with customizable spend limits and separate spend tracking, making it convenient for families. Originally launched as the Aqua Gold Credit Card, the Kotak811 Dream Different Credit Card has since been rebranded and upgraded, offering a well-rounded, accessible credit solution for those looking to build or begin their credit journey.

Expert Review

Our Verdict

Lifetime free secured credit card with 4x rewards on online spends & interest-free cash withdrawals up to 48 days.

Frequently Asked QuestionsAbout 811 Dream Different Credit Card

FEESWhat is the joining fee and annual fee for the Kotak811 Dream Different Credit Card?
The Kotak811 Dream Different Credit Card is a lifetime free credit card with no joining fee and no annual fee. You can enjoy all the benefits of this card without worrying about any recurring charges, making it an excellent choice for those looking for a zero-cost credit card option.
ELIGIBILITYHow is the credit limit determined for the Kotak811 Dream Different Credit Card?
The credit limit for the Kotak811 Dream Different Credit Card is determined based on your fixed deposit (term deposit) amount. You can get a credit limit of up to 90% of your fixed deposit amount. This means the card is secured against your fixed deposit, and the best part is that your credit limit is communicated to you upfront at the time of applying for the card.
REWARDSHow many reward points do I earn on online spends with this card?
With the Kotak811 Dream Different Credit Card, you earn 4 reward points for every Rs. 100 spent online. For all other spends (non-online transactions), you earn 1 reward point for every Rs. 100 spent. Please note that reward points are not offered on fuel and railway spends or on cash withdrawals, as the card provides surcharge waivers on fuel and railway transactions instead.
REWARDSDo reward points expire on the Kotak811 Dream Different Credit Card?
No, the reward points earned on the Kotak811 Dream Different Credit Card do not expire. You can accumulate your reward points over time without worrying about losing them due to an expiry date. This makes it easier to save up points and redeem them for higher-value rewards at your convenience. Please note that rewards earned on spends prior to 15th April 2024 will remain unaffected by any policy changes.
BENEFITSWhat is the fuel surcharge waiver offered on the Kotak811 Dream Different Credit Card?
The Kotak811 Dream Different Credit Card offers a 1% fuel surcharge waiver across all petrol pumps for transactions between Rs. 500 and Rs. 4,000, with a maximum waiver of Rs. 3,500 per year. Additionally, for railway bookings, you get a 1.8% surcharge waiver on transactions at irctc.co.in and a 2.5% waiver at Indian railway booking counters, with a maximum of Rs. 500 per year. Note that reward points are not earned on fuel and railway spends.
USAGECan I withdraw cash using the Kotak811 Dream Different Credit Card? Are there any charges?
Yes, you can withdraw cash using the Kotak811 Dream Different Credit Card. You can withdraw up to 90% of your total credit limit as cash. A processing fee of Rs. 100 is charged for every ATM withdrawal or fund transfer instance. The best part is that no interest is charged on cash advances for up to 48 days, making it an interest-free cash withdrawal facility for that period. Note that reward points are not earned on cash withdrawals.
BENEFITSIs the Kotak811 Dream Different Credit Card UPI enabled?
Yes, the Kotak811 Dream Different Credit Card is UPI enabled. This allows you to link your credit card to UPI and make payments seamlessly through UPI-based apps. This feature adds convenience to your everyday transactions, allowing you to leverage your credit card's rewards and benefits even on UPI-based payments.
BENEFITSCan I get an Add-on Card with the Kotak811 Dream Different Credit Card?
Yes, you can get an Add-on Card with the Kotak811 Dream Different Credit Card. The Add-on Card comes with all the same benefits as your primary card. You can set a customized spend limit on the Add-on Card as per your preference, and you can also track the spends separately for each Add-on Card, giving you better control over your finances.
USAGEWhat is the Balance Transfer facility on the Kotak811 Dream Different Credit Card?
The Kotak811 Dream Different Credit Card offers a Balance Transfer facility that allows you to transfer balances from other credit cards easily. The process is simple — just call Kotak Bank to initiate the transfer. A processing fee of Rs. 349 per Rs. 10,000 is applicable. Additionally, you can continue to enjoy an interest-free period on fresh retail purchases even after availing the balance transfer facility.
ELIGIBILITYDo I need a fixed deposit to apply for the Kotak811 Dream Different Credit Card?
Yes, the Kotak811 Dream Different Credit Card is a secured credit card that requires a fixed deposit (term deposit) as collateral. Your credit limit will be up to 90% of your fixed deposit amount. This makes the card accessible even to those who may not meet the income or credit score requirements of traditional unsecured credit cards. The fixed deposit remains intact and continues to earn interest while serving as collateral.
OTHERWhat was the Kotak811 Dream Different Credit Card previously known as?
The Kotak811 Dream Different Credit Card was previously known as the Aqua Gold Credit Card. It was rebranded to the Kotak811 Dream Different Credit Card effective 15th July 2020 onwards. If you were an existing Aqua Gold Credit Card holder, your card has been upgraded and rebranded, and the rewards you earned prior to 15th April 2024 remain unaffected.
APPLICATIONHow can I apply for the Kotak811 Dream Different Credit Card?
You can apply for the Kotak811 Dream Different Credit Card online through the Kotak Mahindra Bank website by clicking the 'Apply Now' button on the credit card page. You can also apply via the Kotak811 Mobile Banking App. Since this is a secured card backed by a fixed deposit, you will need to have or open a fixed deposit with Kotak Bank. You can also visit your nearest Kotak Mahindra Bank branch or call 1800 4100 (toll-free) for assistance.
OTHERWhat is the card replacement and renewal process for the Kotak811 Dream Different Credit Card?
For card replacement requests (for the Gold variant, logo 210), either the primary or Add-on cardholder can place the request. Regardless of who initiates it, both cards will be replaced. If initiated by the primary cardholder, both cards must be active. Cards will be upgraded from Gold variant to Platinum variant during replacement. Card renewal is an automated process, and if a customer holds both primary and Add-on cards, both will be renewed simultaneously and upgraded from Gold to Platinum variant.
INTERNATIONALAre there any international usage benefits or forex markup charges on the Kotak811 Dream Different Credit Card?
The page content does not explicitly mention forex markup charges or specific international usage benefits for the Kotak811 Dream Different Credit Card. Since this is primarily a secured domestic credit card, it may have standard forex markup charges applicable on international transactions. It is recommended to check the Fees and Charges section on the official Kotak Bank website or contact customer care at 1800 4100 (toll-free) for the latest information on international usage and associated fees.
OTHERHow can I contact Kotak Bank for queries related to the Kotak811 Dream Different Credit Card?
You can reach Kotak Mahindra Bank through multiple channels for queries related to your Kotak811 Dream Different Credit Card. Call the toll-free number 1800 4100 for banking needs, complaints, and resolution. You can also email the customer support team at customersupport@kotak.com. Additionally, you can visit the nearest Kotak Mahindra Bank branch, use the Kotak Mobile Banking App, or log in to Kotak Netbanking for self-service options.

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