Debit cards are an essential part of everyday life, offering convenience and rewards on routine transactions. Kotak Mahindra Bank has introduced the Kotak Everyday Debit Card, designed to enhance daily spending with exclusive benefits and discounts.
Kotak Everyday Savings Account – The Gateway to Benefits
To access the benefits of the Kotak Everyday Debit Card, customers must open a Kotak Everyday Savings Account. This account is structured to reward users for regular transactions, offering up to ₹250 worth of vouchers every month. Additionally, account holders receive ₹250 gift vouchers on birthdays and anniversaries.
Key Benefits of the Kotak Everyday Debit Card
Higher Spending Limits
The card allows daily purchases of up to ₹3 lakh, both online and offline. ATM withdrawals are capped at ₹1 lakh per day, providing flexibility for larger transactions.
Discounts on Entertainment
Users can enjoy a 20% discount on movie tickets through BookMyShow, applicable twice a month. This offer extends to concerts, sports events, and plays but excludes BMS Stream and food and beverage purchases.
Savings on Dining
The card offers a 30% discount on dining via EazyDiner, with savings of up to ₹1,000. This discount can be used once every eight days, with no minimum spend required.
Tap and Pay Convenience
Contactless payments up to ₹5,000 can be made without a PIN in India. For international transactions, a PIN is required beyond this limit.
Who Can Apply?
The Kotak Everyday Savings Account and Debit Card are available to:
- Resident Indians (sole or joint accounts)
- Hindu Undivided Families (HUFs)
- Foreign nationals residing in India
This debit card is an excellent option for those looking to maximize rewards on everyday expenses.