Kotak Bank Upgrade To Kotak 811 Super Savings Account

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Deal Major
desiman
Any one got this offer on email

Kotak Bank Upgrade To Kotak 811 Super Savings Account

Deposit 5000 every month
Enjoy FLAT 5% cashback up to Rs.6,000* per year (Rs.500 every month) on your Debit Card spends.

https://www.kotak811.com/savings-account/811-su...
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Deal Cadet Deal Cadet
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So by just crediting 5k per month, they'll be offering 5% cashback upto 500 per month? It really sounds great if it actually works. Has anyone already enrolled in this one?

Deal Major Deal Major
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The fees chart shows enrollment fee as 300 sleepy

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Deal Cadet Deal Cadet
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Just wanted to know if spending 5000 via mobikwik for credit card bill payment will be counted towards earning 5% cashback or not?

Deal Cadet Deal Cadet
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Their website says that

  • Any kind of fund transfers or ATM cash withdrawal and wallet top-up will not be considered as spend

Though they haven’t specifically excluded it, I doubt that you’ll get rewards on CC payments via MobiKwik.


Deal Major Deal Major
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Why are they charging enrollment fee for this rolleyes

Deal Cadet Deal Cadet
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Why not brother? The fee includes the price for physical debit card too, and the added benefit of 5% cashback.
Pro Mobile Guru Pro Mobile Guru
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811 Super Physical Debit card will be generated from their end or we have to apply manually??

Deal Cadet Deal Cadet
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You just have to opt for 811 Super, then it'll ask you to transfer 5k into your 811 account and that's it. You don't have to do anything. The request for a cheque book and the physical debit card will be taken automatically. In my case, I first received the cheque book and then the debit card was dispatched.
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Deal Newbie Deal Newbie
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I got in 1 account out of 4 I have. Any suggestions where we can best use this in case one has very limited debit card spending ?

Deal Cadet Deal Cadet
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Let me give you an example of my usage. The mostly used credit cards I have are - 
Amazon ICICI, Flipkart Axis, HDFC Millenia and Swiggy - 5% cashback.
Cashback SBI CC - so rest of my online spends are covered with 5% as well.
Axis IOCL and BOB HPCL - 4% on fuel

So, for transactions at physical stores, several cards give 1% which was fine. But then Kotak 811 Super came into picture and they're giving 5% upto 500 per month. According to their t&c, I should get it by the end of this month.

I would recommend you to start using this card at places where you're currently getting the least cashback (which were the physical stores in my case), simple.
Hunk Hunk
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When I try to open Kotak 811 Super account it's asking for permission for CIBIL enquiry sweat_smile. Does this enquiry really happen?

Deal Newbie Deal Newbie
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Can anyone explain to me regarding 5000 i upgraded to super but where we need to transfer 5000 since already my 811 account has more than 5000

Commentator Commentator
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Will it work for SBI Unipay.

replyuser
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