Kotak811 and super.money Launch New FD-Backed Credit Card for Digital Savers

Kotak Mahindra Bank’s digital banking platform Kotak811, in partnership with fintech platform super.money, has introduced a new FD-backed credit card aimed at first-time credit-users and digital-savvy individuals. Called the Kotak811 super.money Credit Card, this product links to a fixed deposit (FD) which backs the card’s credit limit, allowing customers with minimal documentation and credit history to access credit. Key features include a lifetime-free card for users who maintain the required FD, credit limit up to 90% of the FD value, and cashback benefits on everyday spending such as Myntra, Cleartrip, Flipkart and UPI transactions. The card is part of the broader “3-in-1 Super Account” offering that bundles savings, fixed deposit and secured credit line under one digital account. The launch reflects Kotak811’s strategy to cater to India’s growing digital-first audience—students, salaried millennials and users who prefer a simple, secure onboarding process with transparent costs and rewards.