Kotak Fortune Gold Credit Card Review

Kotak Fortune Gold Credit Card offers to enjoy a higher cash limit of up to 50% of your credit limit, and the best thing is that this facility is available around the year for up to 48 days. This card gives you easy access to cash, which means you can use the same for cash withdrawal anytime when you are in urgent need of funds.

Kotak Fortune Gold Credit Card

Apply for Kotak Fortune Gold Credit Card

No joining and annual fees.

Kotak Fortune Gold Credit Card Benefits & Features

The Fortune Gold Card gives you the benefit of interest-free cash withdrawals, fuel surcharge waiver, 0% balance transfer, and a free Credit Card for life.

Easy Cash Access
  • Kotak and other VISA ATMs
  • Cash and fund transfer at branch
  • Call for a demand draft
  • Fund transfer and demand draft online
Interest Free Cash
  • Enjoy higher cash limit: 50% of your credit limit
  • Cash Advance fee of Rs. 199 per Rs. 10,000 or part thereof
  • Available all year around Up to 48 days
Fuel Surcharge Waiver
  • Applicable on Transactions between Rs. 500and Rs. 3000
  • Maximum fuel surcharge waiver allowed in a calendar year is Rs. 3500
Kotak Fortune Shield Benefits
  • In case your Credit Card is stolen, you get a cover of Rs. 50,000 against fraudulent usage up to 7 days pre-reporting
Extra Benefits
  • Spend Rs. 1,50,000 in a year and get 4 free PVR tickets OR Cash back of Rs. 750
  • Your Add-on Card will have all the benefits that you enjoy on your Card
  • Balance Transfer- Processing fee of Rs. 349 per Rs. 10,000

Kotak Fortune Gold Credit Card Eligibility

  • Primary cardholder must be age between 21 to 65 years
  • Income Rs. 3 Lakhs or above per annum
  • Applicant should be a resident of India
  • For Businessmen only
  • Location – Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune
Necessary Documents for Kotak Gold Credit Card Application
  • PAN card
  • Latest salary slips/ Bank statement/ IT Returns/ copy as proof of income
  • Residence proof- any one of the following:
  1. Passport
  2. Driving License
  3. Voter ID Card
  4. Aadhaar card
  • Identity proof- any one of the following:
  1. Passport
  2. Driving license
  3. Voter ID Card
  4. Aadhaar card
  5. PAN card

Kotak Gold Credit Card Charges & Fees

Type of ChargeCharges
Joining FeesNil
Annual FeesNil
Add-on card FeesRs. 299 per Add on card
Interest Charges on outstanding Balances3.50% (Annualized 42%)
Minimum Amount Due (MAD)MAD can be 5% or 10% of TAD as decided by the Bank
ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereofRs. 199
Over Limit ChargeRs. 500
Cheque Bounce ChargesRs. 500
Foreign Currency Mark Up3.5%
Railway Booking SurchargeApplicable
Fuel Surcharge (1% on transaction)Waived
Fee for Cash payment at BankRs. 100
Outstation Cheque Processing FeeWaived
Reissue/ Replacement CardRs. 100
Charge Slip RequestWaived
Machine Surcharge at ATMsWaived
Balance Enquiry Charges at Non Parent Bank ATMWaived
Duplicate Statement RequestWaived
Web Pay Service FeeWaived
Late Payment Charges
Total Amount dueCharges (Rs)
Rs. 0 up to Rs. 500100
>Rs. 500 up to Rs. 10,000500
>Rs. 10,000700

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