Kotak Mahindra Fortune Gold Credit Card Review

Kotak Mahindra Fortune Gold Credit Card is designed exclusively for businessmen having an Income of Rs. 3 lakh and above per annum. Being a business card it offers features like Easy and Interest free cash access, zero charge EMI for three months, etc. The card designed exclusively for business operations offers features leading to business enhancement. However, the card fails to input any other feature apart from business which could make it more versatile in usage.

The card though designed for business purposes lacks few features which could be useful for businessmen. Features like insurance coverage, instant capital requirement or higher credit limit, expert business opinion, etc. is missing with Kotak Mahindra Fortune Gold Credit Card. The card offers Railway surcharge waiver but fails to offer fuel surcharge waiver across petrol pumps in India.

As mentioned the card is uni-dimensional with no Reward Points program or travelling benefits. It has very few shopping benefits on offer. With limited usage scope the card infact has very few takers.

The card can be compared to other similar cards like Axis Bank Corporate Credit Card, Citibank Jet Airways CitiBusiness Credit Card and Citibank Indianoil CitiBusiness Gold Credit Card. The card in comparison to these cards falls short of expectations with regards to features and benefits on offer.

Kotak Mahindra Fortune Gold Credit Card has no Joining or Annual fees. The interest rate offering is an important criterion with respect to these cards due to volume of transactions. The interest rate charged by the card is 3.30% p.m. which is higher in comparison to other cards.