Apply Kotak Mahindra Silk Inspire Credit Card – Benefits, Eligibility, Cashbacks, Rewards
Do you want to apply for Kotak Mahindra Silk Inspire Credit Card?. Then you are on the right page. In the previous article, we have given complete details about Kotak Mahindra Wealth Management Infinite Credit Card. In this article, we have given you all the information for the Kotak Mahindra Silk Inspire Credit Card details like its benefits, eligibility, annual fee & joining fee, etc., People who are interested to apply for the Silk Inspire Credit Card has to check the offers like welcome gifts, reward points, cashback offers, movie offers and shopping offers given by this card. Also, know how to apply for the Kotak Mahindra Silk Inspire Credit Card.
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About Kotak Mahindra Silk Inspire Credit Card
Kotak Mahindra Silk Inspire Credit Card is one of the best credit cards with special benefits and suitable for all your financial needs and luxuries also maximizes your credit limit. Kotak Mahindra Silk Inspire Credit Card benefits to include reward points on every shopping, Silk Inspired Shield, milestone benefits, movie offers and add-on Card benefits and many more benefits while accessing the card.
| Card Name | Kotak Mahindra Silk Inspire Credit Card |
| Bank | Kotak Mahindra |
| Card Type | Credit Card |
| Credit Usage Limit | up to 12 lakhs |
| Cash Usage Limit | 10,000 daily |
| Annual Charges | 600 Rs. |
| Reward Points | Earn edge rewards on every transaction. |
| International Usage | Yes |
| Official Website | Click here |
Features and Benefits of Kotak Mahindra Silk Inspire Credit Card
- Get 5x Reward Points with your Kotak Mahindra Silk Inspire Credit Card.
- Enjoy a Worldwide array of incredible offers and deals on Dining, Travel, Shopping, Entertainment and more.
- Kotak Mahindra Silk Inspire Credit Card provides you with a fuel surcharge waiver.
- If your credit card is stolen by somebody, you get a cover of Rs. 75,000 against fraudulent usage up to seven days pre-reporting.
- Add – on Card benefits set your Spend limit according to your desire.
- Milestone benefits like Spend 1, 25,000/- every half year and get 4 free PVR movie tickets or 1000 reward points.
Fee & Charges
Kotak Mahindra Silk Inspire Credit Card Charges & Fees as follows.
| Fee & other Parameters | Silk Inspire |
| Joining Fees | Rs. 599 |
| Annual Fees | Rs. 599 |
| Addon Card Fees | Nil |
| ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof | Rs. 300 |
| Waiver of Annual Fees for First Year | Minimum retail spends of 125000/- each year |
| Waiver of Annual Fees for Second Year | Minimum retail spends of 125000/- each year |
| Minimum Amount Due (MAD) (It will reflect in a statement in the column of the minimum amount due) | MAD can be 5% or 10% of TAD as decided by the Bank |
| Over Limit Charge | Rs. 500 |
| Cheque Bounce Charges | Rs. 500 |
| Fuel Surcharge (1% on the transaction) | Waived |
| Foreign Currency Mark Up | 3.5% |
| Railway Booking Surcharge (1.8%/2.5% on transaction amount) | Applicable |
| Fee for Cash payment at Bank | Rs. 100 |
| Outstation Cheque Processing Fee | Waived |
| Reissue/ Replacement Card (per issuance) | 100.0 |
| Balance Enquiry Charges at Non-Parent Bank ATM | Waived |
| Charge Slip Request | Waived |
| Machine Surcharge at ATMs | Waived |
| Duplicate Statement Request | Waived |
| Web Pay Service Fee | Waived |
| Furnishing a copy of Credit Information Report (CIBIL) | Rs. 50 |
Kotak Mahindra Silk Inspire Credit Card Eligibility
- For Kotak Mahindra Silk Inspire Credit Card you must be a primary cardholder and should be at the age of 21 – 65 years.
- For add-on cardholder, the minimum age should be 18 years and above
- He/She Should be an India resident.
- Location – Ahmedabad, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai, and Pune, Bangalore.
Credit Card against Term deposit
Eligibility
- Minimum Term deposit Amount – Rs. 50,000/-
- Only Individual TDs are allowed.
Credit Limit
- Up to 80% of the term deposit amount
- Limit known upfront at the time of applying for credit card
- High credit limit, up to 12 lakhs.
Cashback & Reward points
- Get 5x Reward Points on every 100/- spent on Apparel.
- 1 reward point = Re. 1/-
- Earn one reward point for every 200/- spent on other categories
- Enjoy a worldwide array of cashback offers and deals on Shopping, Travel, Entertainment, Dining, and more.
- Get 8 free PVR movie tickets every year on an annual spend of 1,25,000/-
How to Apply for Kotak Mahindra Silk Inspire Credit Card – Application Process
To apply for the Kotak Mahindra Silk Inspire Credit Card just follow the below instructions.
- First, you have to visit the Kotak Mahindra bank.com
- Next, you have to click on Kotak Mahindra Silk Inspire Credit Card there you find the Apply Now button click on it.
- Then an application form is opened in that you have to fill the details like your name, mobile no, customer-id given by the Kotak Mahindra Bank.
- Next, you have to click on Proceed and submit the form.
- If you have any doubts regarding the card just contact your nearest branch for more details.
Card Review
Tina – Hyderabad
I am using the KOTAK MAHINDRA bank credit card for more than 2 years which was applied directly to the bank. I received a card on time. It is a lifetime free credit card. The credit limit is sufficient to use for this card. I use this card for shopping and restaurant purposes based on the usage I get reward points.
Kumar – Banglore
I got a preapproved credit card based on my salary account, the limit is highest above all the cards. I am using this card around two months, I got the joining perk as movie tickets at PVR shows. I applied for the card through mobile app their back end team is faster.
Contact details
Customer Care: 1860-266-2666 or, 1860-266-0811
Kotak Mahindra Silk Inspire Credit Card is one of the best credit card loaded with special benefits like reward points, cashback and movies offer. Also, know about the Kotak Mahindra Silk Inspire Credit Card details like its features, eligibility and how to apply for the card. Still, if you have any queries regarding this card comment below. Don’t forget to share this article with your friends.
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