While we’re all waiting for the Diwali offer for 2022, I’m surprised to see this pre-diwali sort of offer and that too from Kotak Mahindra Bank. The offer was sent to my email as I’ve the Kotak White Card and it’s most likely a targeted one. Here’s a quick look at the offer,
Offer Details
| Offer | 10% Cashback on Online Spends |
| Offer type | Targeted |
| Min. Spend | 5000 INR |
| Max. Cap. | 1500 INR Cashback (15,000 INR spend) |
| Restriction | Spends on primary card only |
| Offer period | 18th Sep – 25th Sep 2022 |
| Fulfilment | 90 days from offer end date |
Additional T&C:
- In case of multiple online transactions, highest online transaction amount shall be considered.
- Transactions done on merchants dealing in Gaming, Betting and Gambling will not be considered eligible for this offer
- Eligible Cardholders achieving the spend threshold (for the net total online spent excluding cancellation and refunds) will qualify for offer.
How to Register?
I clicked on the link that came with the email and that further confirmed the registration for the offer along with a link to t&c.
It’s a straight forward offer with a little tricky conditions but that works for most. It’s a super simple way to save 10% on perhaps any online spend.
I’m not sure how many received this offer but from what I see, it seems only few were targeted, maybe to the ones who hardly use the card.
Final Thoughts
I’m happy and surprised to see these kind of spend-linked credit card offers from Kotak as I don’t re-collect them doing it in the past, at-least not in scale.
Also, looking at the offer period, it as well appears that they might come up with a different offer for Diwali, perhaps for all or I just hope so.
Did you receive this or any other offer on your Kotak Bank Credit Cards? Feel free to share your thoughts in the comments below.
Can we expect Diwali spend offers from HDFC & Axis?
I only have 1 card which is the white and I got the offer too!
I received exactly same offer on my Privy league CC. I spend 1K on this card every month to get 1600 cashback quarterly. Quite useful benefit for LTF card.
Could you elaborate on this? I too have a LTF Privy League Signature CC but am unaware about this
It says bonus reward points are only for paid cards. Are you getting the bonus reward points for LTF card also?
Oh wow, can you elaborate on this please?
I got Indusind offer to spend 40k and get 2k points on my legend card
Is this offer applicable on payment of insurance premium ?
I am eagerly waiting of what AMEX has in their bag given the RBI ban has been lifted.
Kind of shocker that they haven’t sent any mail to customers yet but hoping they come with some bumper offer
It says 10% cashback on highest transaction during the offer period. So to avail 1500 Cash back we need to transact at least 15000Rs which is not easy. So Can we buy Amazon gift card for 15000Rs to avail maximum benefit. There is nothing exception given in T&C’s
I am eagerly waiting for Diner black to give point redemption for Amazon at the rate of 70paisa per point.
Who isn’t 😀
Expecting similar deal from Axis so that can achieve monthly target on Magnus 😁
I havent received this offer in email or SMS. Is this targeted?
Also, Sid can you please share a screenshot of the email subject?
That way I can pore through the spam folder in a targeted manner 😁
Subject line: 💸 Cashback awaits you, register now 💸
Received 10%, up to 1500. Called cc, they said applicable for both cards and wallet too, pls check and make use. I guess it should be settled within offer period, pls transact accordingly.
The offer is valid on transactions made at online merchants and marketplaces. In case
the Cardholder cancels any transaction/s due to which he/she has qualified for the offer,
then the Cardholder is not eligible for the offer. For partial refunds in case customer’s
remaining balance does not qualify for the required benchmark amount then customer
will no longer be eligible for the offer
What does it means? Can we do rent payment. Sid please confirm, if ok.
No exclusions are mentioned, so nothing to worry.
. Offer is not valid on cash withdrawal and loan products like – Balance Transfer, Balance
Transfer on EMI, Personal Loan on Credit Card, etc
Above is T&C’s for this offer
Question-
Will Rent or wallet Load will be eligible for offer
Yes, eligible.
Dear Sid, I have 2 Kotak CCs but it is not mentioned in t&c that offer is against which card.
So offer will be valid for both of cards or not?
Anyone received cashback under this offer yet?
Yes it’s credited on 28th dec
Cashback still not received even though it is almost one month past fulfillment date
I have not received and I don’t think anyone received this cashback, first time this has happened with me across all cards/banks.