Benefits and Features of the Kotak Mahindra Bank World Travel Card

About the Kotak Multi Currency World Travel Card.


The Kotak Multi Currency World Travel Card is a chip based prepaid card introduced in partnership with Visa.

This card gives you the freedom to shop anywhere in the world and provides access to the currency of your destination at competitive market rates.

It can be used at all Visa affiliated merchant establishments and ATMs across the world.

Features of the Kotak Multi Currency World Travel Card.

Available in 7 currencies : US Dollars,Euro,Pound Sterling,Australian Dollars,Singapore Dollars,Swiss Franc and Hong Kong Dollars.

Real time SMS and email alerts.

Encrypted Chip secures card against duplication,fraud and misuse.

Availability of the next default currency for use upon the complete utilization of the local default currency.

Customer web Log-in to access your account details / statements/temporarily block the card.

Card valid for a period of 5 years.


Benefits of the Kotak Multi Currency World Travel Card.


Value Chart
Kotak World
Travel Card

Travelers Cheques.

Cash
Est to use
 Y
 N
 Y
Ease of getting cash
 Y
 N
Lost card Liability
 Y
 N
 N
Spends Management
 Y
 N
 N
Flexibility of Denominations
 Y
 N
 N
24x7 Customer contact Centre
 Y
 N
 N
Anytime usage of Purchase
 Y
 N
 Y
Transaction Alerts
 Y
 N
 N


Advantages of the Kotak Multi Currency World Travel Card over your Debit or Credit Card.

With the Multi Currency functionality,carry just one travel card in your wallet by loading multible predefined currencies of the country of travel.

It offers protection from exchange rate fluctuation,as the currency is preloaded on the card.

There is no cross Currency transaction mark-up charge applicable on Kotak Multi Currency World Travel Card used for Point Of Sales (POS) / ATM cash withdrawal ,if transaction is made in the same country of the currency loaded in the card.

Complimentary Insurance Benefits.


Insurance category offered on Kotak
Multi Currency World Travel Card

Sum Insured
Cover in INR
Lost Card Liability
  2,00,000
Skimming  and Counterfeiting
  2,00,000
Air Accident only
15,00,000
Purchase Protection
   1,00,000
Loss of Passport / Travel Documents
      50,000
Loss of checked in Baggage International Outbound flights

      50,000

Fees and Charges


Annual / Joining Fee
Nil
Issuance Fee
 Rs.250 *
Reload Fee
Rs.75 *
Refund Charges
 Nil
* Service Tax as applicable.

For more detailes on the Kotak Multi Curreny World Travel card,refer to the FAQs on www.kotak.com

To apply or know the documentation required for availing the card,applicable forex rates and other product charges,visit your nearest Kotak Mahindra Bank Branch.

Call at 24-hour Customer Contact Center at 1800 102 6022.