First Time in History of Credit Cards , Pay For Increasing Preapproved Credit Card Limit In Kotak

see this.... i know annual fee for credit cards,... but never saw monthly fee fore credit cards.

Nice move by Kotak bank, hope other banks will also follow 👍🏼👍🏼

But it should be Rs500+GST for next 1 year. After 1 year banks should decrease the credit card limit, if we dnt pay Rs500+GST.

Bank should also charge Rs1000+GST to Rs10,000+GST for HNI holders. They will happy to pay for increasing their credit card limits.

Kotak is a beggar bank.

Bhikari bank 

Nai chahiye credit limit waise bhi bekaar card hai

100+gst ka ubala hua aloo khilado ek baar mein in bhookhe banks ko, mazaa a jayega aur phir na maangega...

Sooner or later,  they will charge for looking at their credit card

I prefer using lifetime free cards knowing the fact that they are offering low rewards. And almost all cards are lowering down reward values on top of that pre approved limit increase fees.

I too got same sms, mentioning to pay 100+GST for limit increase.

Got another msg to upgrade to other worst card by paying 1500 annually.

By seeing above sms I thought Kotak kya maal phuk Raha hey

If there is an oscar for chors, Kotak will get it. Every possible fee can be charged by them, be it savings account or credit card or loan. They can charge a fee for a fee too.