[Resolved]  Kotak Gold Credit Card — Kotak Gold Credit Card review and fraud

Address:

Delhi

Pathetic Card. They charge you for the money already paid. I paid 11,000+ out of 13,000 outstanding during the month of March. When I received my monthly statement, they charged interest for the entire 13,000 outstanding. When I asked what about interest free period and already paid amont the CCE told me that as I didn't pay the entire outstanding I was charged interest on the entire amont. As for interest free period the maximim time is 45 days but you can be charged after 10 days as well as per bank policy. When I asked why I was not informed about it earlier, she told be nobody reveals everything. All in all Kotak Credit card is good for people who intend not to pay any money after using the card but pathetic for people who pay on time.