Can I apply for multiple Kotak credit cards?

So, I’ve been using my Kotak credit card for a while now, and it’s been great, but I’m considering getting another one. I’m wondering if it’s possible to apply for multiple credit cards from Kotak, or if there are any restrictions.

I’m mainly interested in getting a second card that might offer better rewards in different categories or a higher credit limit, especially because I have some larger expenses coming up. I also want to know if Kotak splits my credit limit across the cards or if each card has a separate limit.

I’ve been a customer for a while and have a good credit score, but will that be enough to get approved for a second card? And is there a waiting period before I can apply for another one, or can I just go ahead and request one?

Would love to know if anyone here has successfully applied for multiple Kotak cards and how the process went.

Ah, I see you’re thinking about applying for multiple Kotak credit cards! I actually went through this process myself, and I can share what I learned.

So, here’s the deal: Yes, you can apply for more than one Kotak credit card, but it’s not always as straightforward as it seems. When I applied for my second card, I was hoping for a bigger credit limit, but Kotak split my total limit across both cards. For example, my first card had a ₹5L limit, and when I got a second one, they gave me a total limit of ₹7L, so each card got ₹3.5L. It wasn’t what I expected, but that’s how they typically do it.

Another thing is income and credit score play a huge role. I was earning around ₹1.5L/month at the time, and my credit score was 770, which helped. But I still had to wait a couple of months after my first card before I could apply for the second one. I tried applying too soon and was told I needed to wait 3-6 months before they’d consider giving me another card.

I also got lucky because I had a pre-approved offer, which made the process much smoother. It saved me time and effort, and approval was pretty quick. But I’ve heard from others that if you don’t have a pre-approved offer, you might need to go in-person to the branch or talk to a Relationship Manager to push your application through faster.

One thing I wish I’d known earlier is that multiple cards might be harder to manage with the same credit limit, especially if you’re a heavy spender. Keeping track of the usage on each card, making sure I pay the bills on time, and avoiding any missed payments took a bit of effort.

If you’re planning to go ahead with it, definitely check for pre-approved offers, or talk to Kotak’s customer care at 1860 266 2666. If you’ve been a good customer, it’s possible they’ll make things easier for you.

Good luck with your application, and feel free to ask if you need more details!