Kotak White Reserve Credit Card – Benefits, Fees & Eligibility

Introduction

The Kotak White Reserve Credit Card, issued by Kotak Mahindra Bank, is positioned as a super premium credit card designed for high-net-worth individuals. It offers a unique rewards program based on White Pass value, which can be redeemed for gift vouchers, flights, hotels, travel expeditions, and even cash. Key differentiating benefits include unlimited complimentary access to domestic and international lounges for both primary and add-on cardholders, a low foreign currency markup fee, and exclusive privileges for fuel and golf courses. This card also provides a complimentary Club Marriott Membership, enhancing dining and stay experiences.

Welcome Benefits

• Complimentary Club Marriott Membership.

Fees

• Joining Fee: ₹12,500 + GST
• Annual Fee: ₹12,500 + GST
• Spend-Based Waiver: The renewal fee can be waived off on spending ₹10,00,000 or more in the previous year.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 2% on all international transactions.
• Interest Rates: 3.5% per month (or 42% annually).
• Fuel Surcharge Waiver: 1% for fuel transactions between ₹400 to ₹7,500 at all fuel stations across India. The maximum waiver is ₹4,500 in a year. This facility is also available to add-on cardholders.
• Cash Advance Charges: 2.5% of the cash withdrawn, subject to a minimum charge of ₹500.

Rewards

Rewards are given in the form of White Pass value, which is earned upon crossing specific spend milestones in an anniversary year.

• White Pass Earn Structure:
  • Spends less than ₹3 Lakhs: 0 White Pass
  • Spends of ₹3 Lakhs: ₹5,000 White Pass
  • Spends of ₹10 Lakhs: Additional ₹15,000 White Pass (Total ₹20,000)
  • Spends of ₹20 Lakhs: Additional ₹22,000 White Pass (Total ₹42,000)
  • Spends of ₹30 Lakhs: Additional ₹24,000 White Pass (Total ₹66,000)
  • Spends of ₹40 Lakhs: Additional ₹26,000 White Pass (Total ₹92,000)
  • Spends of ₹50 Lakhs: Additional ₹28,000 White Pass (Total ₹1,20,000)
  • Spends of ₹75 Lakhs: Additional ₹63,000 White Pass (Total ₹1,83,000)
  • Spends of ₹100 Lakhs: Additional ₹67,000 White Pass (Total ₹2,50,000)
• You can earn up to ₹2,50,000 White Pass value every year.

Movies & Dining

• Get up to 20% off on dining bills at participating Marriott hotels across the Asia Pacific Region.
• Complimentary Club Marriott Membership benefits:
  • Up to 25% off on food and beverage bills in India.
  • Up to 20% off for up to 10 guests on food and beverages at all participating restaurants across the Asia Pacific (not applicable on Sunday brunches).
  • 1 complimentary certificate offering 50% off on food bills and 30% off on beverage bills for a maximum of 10 guests at all-day dining restaurants in India.
  • 3 certificates offering up to 50% off on F&B bills.

Travel

• Unlimited complimentary domestic lounge access for both primary and add-on cardholders.
• Unlimited complimentary international lounge access at 1000+ airports around the world for both primary and add-on cardholders.
• Complimentary Club Marriott Membership benefits:
  • Avail Stay Benefits.
  • 2 complimentary certificates for a flat 30% off on the best available rates for 2 nights each in India.
  • Up to 20% off on the best available room rates in India and the best weekend rate of rooms available in the Asia Pacific Region.
  • 3 certificates offering 30% off on hotel stays.

Golf

• The primary cardholder can enjoy 2 golf rounds each month at selected golf courses around the world.

Insurance Benefits

• Zero Credit Card Lost Liability: In case of loss or theft, you will not be liable for fraudulent transactions if you inform the bank immediately.

Lifestyle

• Concierge Services: Enjoy luxurious experiences such as a personal shopping team, access to exclusive global events, dining reservations at the finest restaurants worldwide, travel bookings, everyday gifting, and custom event organization.
• Personal Care: Up to 20% off on selected spa treatments in India (via Club Marriott Membership).
• The card is exquisitely crafted in metal.

Rewards Redemption Guide

• The accumulated White Pass balance can be redeemed against:
  • Gift vouchers for premium brands.
  • Flights.
  • Hotels.
  • Philanthropy.
  • Curated travel expeditions by National Geographic.
  • Cash.
• To redeem, visit the dedicated Kotak White Pass redemption portal.
• Redemption Rate:
  • 1 White Pass = Re. 1 on the White Pass Catalog (for all categories except Cashback).
  • 1 White Pass = Rs. 0.70 (for cashback).

Card Eligibility Criteria

• The applicant should be a resident of India.
• The applicant should be between 21 and 65 years of age.
• The applicant should have a stable source of income.
• The applicant’s CIBIL Score should be more than 750.

Card Review

The Kotak White Reserve Credit Card is a super premium offering from Kotak Mahindra Bank, specifically designed for high-net-worth individuals seeking luxurious experiences. It provides extensive benefits across travel, dining, and lifestyle categories, positioning it as a strong competitor to other premium cards in the market. A major advantage is the unlimited complimentary lounge access for both primary and add-on cardholders, along with a low foreign currency markup. However, the reward structure requires a minimum spend of ₹3 Lakhs in an anniversary year to start earning White Pass value, which might be a drawback for those with lower spending habits. Overall, it's an excellent card for high-spenders who can meet the spend milestones and fully leverage its premium features.

Important Product Details

• Rewards are provided in the form of White Pass value, earned through spends-based milestones.
• Complimentary Club Marriott Membership is included.
• Enjoy up to 20% off on F&B bills across the Asia Pacific and up to 20% off on best available room rates in India and weekend rates in Asia Pacific.
• A low foreign currency markup fee of 2% applies to all international transactions.
• Unlimited complimentary lounge access (domestic and international) is available for both primary and add-on cardholders.
• Primary cardholders receive 2 free golf rounds each month at selected golf courses worldwide.
• The card is exquisitely crafted in metal.
• A 1% fuel surcharge waiver is applicable across all petrol pumps in India for transactions between ₹400 and ₹7,500, with a maximum waiver of ₹4,500 annually.
• Complimentary add-on cards are available.
• The card offers Zero Credit Card Lost Liability upon immediate reporting of loss or theft.

Other Details

• Application for the Kotak White Reserve Credit Card can be done either online through the bank's website or offline by visiting a Kotak Mahindra Bank branch.
• A customer can hold only one active White or White Reserve Credit Card; White Pass will not be credited if multiple active White and/or White Reserve cards are held.
• For the White Reserve RuPay variant, customers should contact Customer Care or their Relationship Manager during new card issuance or renewal.
• Guest charges and charges after complimentary lounge visits are exhausted will be revised to $35 per guest, per visit, effective 01st October.