Welcome to the world of limitless possibilities with the Karnataka Bank Credit Card.
As a trusted name in the banking industry, Karnataka Bank offers a diverse range of credit cards tailored to meet your unique needs.
From exciting rewards and cashback programs to exclusive privileges, these credit cards provide financial flexibility and security.
Join us on a journey of convenience, rewards, and unparalleled benefits with Karnataka Bank Credit Card.
Karnataka Bank Credit Cards:
The needs are plenty for everyone, which could differ depending on our lifestyle. Clearly understanding the customer’s spending habits, Karnataka Bank offers several credit cards in the following categories.
- Shopping Card
- Cashback Card
- Rewards Card
- Travel Card
- Life Time Free Card
- Business Card
- Lifestyle Card
- Entertainment Card
You can select the one that suits your priorities and spending behaviour from the above-listed credit cards.
Types of Karnataka Bank Credit Card:
The Bank Credit Card is available in two variants, namely
- Karnataka Bank SimplySave SBI Card
- Karnataka Bank SBI Platinum Card
Card Details:
Card Details are here.
| Name of the Card | Annual Fee (One Time) | Renewal Fee (Per Annum) | Add-On Card Fee (Per Annum) |
| Karnataka Bank SimplySave SBI Card | Up to 499 + GST | Up to 499 + GST | NIL |
| Karnataka Bank SBI Platinum Card | 2,999 + GST | 2,999 + GST | NIL |
Why choose Karnataka Bank Credit Cards?
Customers of Karnataka Bank, one of India’s most well-known banks, can choose from various credit items.
Karnataka Bank is a credit industry leader, offering attractive credit card and loan interest rates.
Karnataka Bank customers can take advantage of a variety of advantages. Various types of credit cards are used for various purposes.
Karnataka Bank Credit Card Eligibility Factors:
Individuals applying for a Karnataka Bank credit card must meet the following eligibility criteria.
Age Criteria:
The applicant should be at least 21 years old and a maximum of 60 years. Anyone under this age limit can apply for a credit card with Karnataka Bank. Add-on credit cardholders should be 18 years old and above.
Income Criteria:
You can get a Karnataka Bank credit card with a minimum monthly income of INR 18,000.
However, the income of her cards differs based on specifications and features.
Credit History of the Applicant:
Credit history proves how an individual manages credit-related activities. A good credit history is highly preferred by the lender when offering a credit card.
Interest-Free Credit Period on Karnataka Bank Credit Card:
Karnataka Bank cardholders can get an interest-free credit period of up to 50 days. However, it is subject to change according to the scheme and card.
You will only get an interest-free period if the previous month’s balance has cleared fully on or before the due date. An interest-free period is not applicable for withdrawing cash from an ATM.
Documents Required to Apply for a Karnataka Bank Credit Card:
You must submit the following documents to apply for a Karnataka Bank credit card.
- Passport
- Driving Licence
- Voters ID
- Bank Statement
- Pension Book
- Pay Slip
- Income Tax return
- Pan Card
- Passport Size Photo
Credit Card Application Process for New Customers:
Here is the application process
- You can visit the Karnataka Bank official website’s ‘Credit Cards’ page.
- Enter your details.
- After you complete the verification, a representative from Karnataka Bank will contact you and guide you through the process.
- You may submit KYC documents and income proof to get a Bank credit card.
- You can also visit the nearby Karnataka Bank branch to apply for a credit card.
Credit Card Application Online for Existing Customers:
Here is the application process for existing customers.
- Visit the ‘Credit Cards’ page of the Karnataka Bank official website.
- You would have to enter your net banking customer ID and mobile number.
- You could directly apply online for a credit card.
- You can also visit a nearby Karnataka Bank branch to apply for a credit card.
How to Pay Karnataka Bank Credit Card Bill?
Here are the ways to pay credit card bill
Karnataka Bank Account Holders:
Register with the Bank for a net banking facility to make online credit card payments.
You must submit a written standing instruction to debit a pre-determined amount from your account.
It can help you pay the bills on time and avoid paying interest on late payments.
Bill Desk:
You can use the Karnataka Bank Bill Desk web page, which is set up to pay your credit card bills. Fill out the required details, including the credit card number and payment amount.
Cash payment:
You can pay your Karnataka Bank card bills in cash at your nearest branches. The Bank will charge a processing fee per payment when you pay your CC bill.
Cheque payment:
If you want to pay your credit card bills using cheques, you can do so like you would pay your bills by paying cash.
You can drop off the cheques mentioning your card number and other details at the bank ATMs with drop boxes. The payment will be cleared within three working days.
Karnataka Bank Credit Card Charges:
Here are some charges
- Fees per year: ₹2,999/- plus taxes
- From the second year onwards, you will be eligible for a fee waiver based on your spending. If you spent more than ₹2,000 the previous year, you can get a full waiver of the Annual Fee (2999).
- Welcome Bonus & Card Anniversary Gift: 3,000 coupons upon payment of a ₹2999 joining fee to each of our partners.
Karnataka Bank Credit Cards Rewards Programme:
Here are some rewards
- Except for fuel, insurance, utilities, and cash transactions, earn two Rewards Points for every ₹100 spent. (Each point is worth 0.25 cents.)
- 5X Accelerated Reward Points (10 points per ₹100 spent on movies, dining, groceries, and department stores)
- Get a ₹3000 e-Gift Voucher from each of our suppliers when you spend ₹4 Lakhs to ₹5 Lakhs per year. Points can be redeemed for cash or catalogues.
How do you increase Karnataka Bank’s credit card limit?
The Bank determines the credit limit on the Karnataka Bank credit cards at its sole discretion. The available credit limit was communicated to the cardholder at the card delivery time.
The customer who wants to increase the limit can write to the Karnataka bank asking for an increased credit limit.
While requesting the increase, the cardholder must submit financial documents: income tax returns, bank statements, salary slips, etc. However, the credit limit increases at the Bank’s sole discretion.
Karnataka Bank Credit Card Customer Care:
You can contact the Bank credit card customer care 24/7 by contacting the following details.
- Toll-free number: 1800 425 1444
- Email id info: (at)ktkbank(dot)com
- Karnataka Bank: Official Website
Conclusion:
Karnataka Bank Credit Card offers a range of benefits, rewards, and security features that enhance the financial experience for cardholders.
With its diverse range of cards, exclusive offers, and excellent customer support, it is a reliable option for meeting various financial needs.
FAQs:
Banks issuing credit cards benefit from interest charges on outstanding balances, increasing their revenue streams and enhancing customer loyalty.
Without Cheque Book – ₹500 (M/U/SU), ₹200 (R/FI). With Cheque Book – ₹2000 (M/U), ₹1000 (SU/R/FI).
There is a daily ATM withdrawal limit of Rs. 60,000/- and a daily POS limit of Rs. 1,50,000/- for the Visa Gold Debit Card.
The approval process usually takes a few days to a few weeks, depending on the Bank’s verification procedures.
You can check your card application status on the Karnataka Bank website or by contacting customer support.
Yes, Karnataka Bank typically provides a grace period of around 20-25 days from the billing date to make the payment without incurring any interest.
You can redeem reward points through the Bank’s rewards portal or contact customer support for redemption options.
You must meet age, income, and credit score requirements.
Yes, Karnataka Bank may offer spending limits based on your creditworthiness and the type of credit card you hold.