Kotak Myntra Pre-approved LTF issue/scam.

[Chimera-san]

Recently got call from Kotak bank where I hold a 811 account telling me I have pre-approved LTF Kotak Myntra card, I asked for other card, they said only Kotak Biz and Myntra available as pre-approved. Applied through them without any income docs and got approved within 2 days, no VKYC, etc was required.

Got the card with 2.25L Limit, and can see nothing is yet charged in my card.

To confirm if the CC is LTF or not, mailed the Customer care, got some vague answer of being Paid.
Here is the response from Kotak,



I have no other Kotak card, and this card has the highest limit compared to my other cards, should I close it or not.
Need advice and Suggestions.

 

[SSV]

My Myntra card approved yesterday. It has joining and annual fees. What should I do to get it lifetime free ?

Just type “Life Time Free “ on that welcome paper

 

[Hitarth]

Keep trying, you have nothing too loose... unless you want to compromise on League CC which is LTF currently (visa one costs 499, pretty basic)

Yes you are right. I got call today and they are saying that we can only offer you kotak league platinum rupay.

So I said no for it and now they are again saying let me check one more time and will let you know. Even for current kotak Myntra the credit limit is decreased from 3.8L to 1L. And they also don't know how it decreased.

 

[leonneel]

Yes you are right. I got call today and they are saying that we can only offer you kotak league platinum rupay.

So I said no for it and now they are again saying let me check one more time and will let you know. Even for current kotak Myntra the credit limit is decreased from 3.8L to 1L. And they also don't know how it decreased.

Really? Mine kotak Myntra limit 3.2L but now still the same..no limit decreased

 

[Hitarth]

Really? Mine kotak Myntra limit 3.2L but now still the same..no limit decreased

Yeah, I have not activated the card and limit decreased

 

[SSV]

Guys a quick question, do Kotak cards share CL or have independent CLs?

 

[Deleted member 19066]

Guys a quick question, do Kotak cards share CL or have independent CLs?

Independent... Have 4 cards n all r different limit

 

[SSV]

Independent... Have 4 cards n all r different limit

Using one card doesn’t reduce other cards available limits?? Did you check?

 

[Hitarth]

I got Below email reply from kotak

@vijay.vj what should be the next step.

 

[vijay.vj]

I got Below email reply from kotak

@vijay.vj what should be the next step.

Try asking for any other Kotak card as LTF. Else, ask for compensation for the trauma you had suffered due to mis-selling & fraud from bank side. Its obviously not error as they claim.

Say that you are not interested in League.

 

[Deleted member 19066]

I got Below email reply from kotak

@vijay.vj what should be the next step.

Nothing... They are giving another Card as a LTF..

If You Still Approach RBI then RBI Will close your case... 😂😂😂

Im the only person who got LTF myn*tra

 

[Hitarth]

Try asking for any other Kotak card as LTF. Else, ask for compensation for the trauma you had suffered due to mis-selling & fraud from bank side. Its obviously not error as they claim.

Say that you are not interested in League.

I told them that I'm not interested in league credit card, after that I got this email reply

 

[Hitarth]

Nothing... They are giving another Card as a LTF..

If You Still Approach RBI then RBI Will close your case... 😂😂😂

Im the only person who got LTF myn*tra

How did you got the card as LTF? Was it same like me of mis-selling and approached RBI?

 

[Deleted member 19066]

How did you got the card as LTF? Was it same like me of mis-selling and approached RBI?

No... My case is. Totally different

 

[armat]

Yeah, I have not activated the card and limit decreased

Limit is shared ?

 

[armat]

Nothing... They are giving another Card as a LTF..

If You Still Approach RBI then RBI Will close your case... 😂😂😂

Im the only person who got LTF myn*tra

How you got ltf Kotak Myntra?

 

[MrJJ]

Using one card doesn’t reduce other cards available limits?? Did you check?

Yes.
In Kotak separate cards, separate independent limits.
One card's usage doesn't affect other.

 

[SSV]

Yes.
In Kotak separate cards, separate independent limits.
One card's usage doesn't affect other.

okay , thanks .

 

[MrJJ]

Yes.
In Kotak separate cards, separate independent limits.
One card's usage doesn't affect other.

Want to correct myself, I have 2 Kotak cards one Visa and one Rupay card. In the app and everywhere else it shows separate limits for both. Even after transactions I get SMS with separate limit. In the statements it shows separate limits.

Yesterday I did a transaction and it was declined. I tried again and it declined again. I called customer care, they said that the transaction amount was more than the limit remaining. I told them about the remaining limit I see in the app. They said that the card was issued under shared limit with the primary card and both cards share same credit limit.

So better check with customer care about your card.

 

[SSV]

Want to correct myself, I have 2 Kotak cards one Visa and one Rupay card. In the app and everywhere else it shows separate limits for both. Even after transactions I get SMS with separate limit. In the statements it shows separate limits.

Yesterday I did a transaction and it was declined. I tried again and it declined again. I called customer care, they said that the transaction amount was more than the limit remaining. I told them about the remaining limit I see in the app. They said that the card was issued under shared limit with the primary card and both cards share same credit limit.

So better check with customer care about your card.

This was what I suspected before.
Do you have Myntra in visa and Rupay versions? Or two different cards?

 

[MrJJ]

This was what I suspected before.
Do you have Myntra in visa and Rupay versions? Or two different cards?

Kotak 811 and League Rupay