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KOTAKBANK
has launched the Solitaire Credit Card, aimed at frequent travellers looking for value and convenience. The card provides unlimited lounge access at both domestic and international airports for primary and add-on cardholders. Additionally, it offers four complimentary guest visits per year, two domestic and two international which is through DreamFolks and Priority Pass.
Key features include zero forex markup on international spends and a 1% cash withdrawal fee at global ATMs, with no interest until the payment due date. Reward points can be converted to air miles and transferred to programs like Etihad, Qatar Airways, Cathay Pacific, and Air India for booking flights.
Existing Kotak cardholders can also move their accumulated reward points to this card. There's a 1% fuel surcharge waiver on transactions between ₹400 and ₹7,500, capped at ₹10,000 per anniversary year.
Visa luxury stay offers include 50% off on the second night and a complimentary third night on a two-night booking at select hotels like ITC, Alaya, and Elivaas. The card has no joining or annual fee unless downgraded, in which case a ₹25,000 charge applies.
Add-on cards, card replacement, and over-limit usage are free. Interest on outstanding balance is 3.5% per month (42% annualised). Late fees range from ₹100 to ₹1,200 based on dues, and cash advances are charged at 1% of the withdrawn amount. All charges are subject to GST as applicable.
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