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Kotak 811 Infinity Metal Debit Card – Unboxing & First Impressions
- Thread starter Finchamp!
- Start date
- Replies 124
- Views 4K
sunit123
TF Ace
exactly...people are blindly opting for it without checking actual cost. zero forex is not actually zeroWhile they are saying that the forex charge of 3.5% will be waived (zero forex), take a look at their conversion rate!!
Super Savings Account Terms and Conditions | Kotak811
Read the 811 Super Savings Account terms and conditions to open a bank account. Get detailed information and resolve all account-opening-related queries.www.kotak811.com
Card collectors are going for it because of the metal card. I too was tempted only for the card, but it's not worth it.
I guess you could close the account after 1 year and keep the metal card.
Isn't it just IP of 81k? After which the annual fee of super of rs300 will be deducted and we will get the metal card without issuance fee?
And it is going to be free from second year as well subject to super annual fee which someone says is 400now?
Or it's MAB of 81k just to upgrade to metal card from plastic?
But yeah just visited their web, and It is a big hassle just for a metal card, when you can get plastic one without any hassles and without the need to visit them.
Useless, and for the conditions to get the 5% cashback and Lotak's very very nice service, even an IP of 81k is a hugggee amount. I think even indusind is better.
Useless, and for the conditions to get the 5% cashback and Lotak's very very nice service, even an IP of 81k is a hugggee amount. I think even indusind is better.
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sunit123
TF Ace
as
as i understand, you have to maintain super savings account status i.e. block 81k else you will be charged annual fees
praful47
TF Legend
No it's one time funding .
sunit123
TF Ace
I observed that many posts on this forum are now promotional in nature i.e. sponsored by brands, which does not give clear picture and share very misleading information. I understand that it is difficult for moderator to find genuine and sponsored posts.
Innocent members are trapped because they do not check T&C on their own. Only solution is do self analysis.
Innocent members are trapped because they do not check T&C on their own. Only solution is do self analysis.
It says waived off if you hold super savings account
Same confirmed by kotak agent you can always take in writing and open
It's just that it's not available for existing customers, hope they introduce soon at least waiving off issuance charges....
No no brother, you have to maintain super 811 status, ie add 5k each month and then you may spend it immediately, and their is 811 super annual fee, Last year when I got them it was 300 incl. taxes for yr, this yr onward it is going to be 400
sunit123
TF Ace
i also said same thing that u have to maintain super savings account else annual fees will be charged which someone mentioned is not correct
Yes but for maintaining super savings only one deposit of 5k required each month which you can withdraw anytime !
81k is just initial funding
praful47
TF Legend
Yes , customers who hold 811 super account. Fee of 400
But you are telling to keep 81k block .
Finchamp!
TF Premier
Block 81K permanently? Is there a secret policy that Kotak Bank has issued to you separately. Don't spread misinformation.
Finchamp!
TF Premier
Don't tell us your understanding. You have proved time and again that your understanding is highly incompetent. You also understood sometime back that Indusind Exclusive account has been discontinued, which proved to be entirely wrong. Just share the clause that you've read, and let junta interpret.
Finchamp!
TF Premier
Your lack of education suprises me. An unboxing discussion implies that I have availed the product, used its features, and then shared my inputs on it. You can chose to counter my inputs or choose not to read them (which by the way would be my pleasure!!)..but you have no right to call them promotional. Don't compel me to report you.
It's common sense that if any transaction involves finance or money, self-analysis should always be done, irrespective of whether something is sponsored or not.
Also, there are several posts which tell about a new product, say a card which might have referral links, but are NOT in any kind of promotional nature, and I've personally never found any info here misleading.
Hence, if you ever find a post that you feel is promotional or misleading, please share it with me or with any mod for that reference, and we'll look into it.
Thanks for highlighting his post.
Finchamp!
TF Premier
Thank you for taking this up @Raghav2006.
