Kotak Cashback+ Credit Card

Kotak Cashback+ Credit Card earns Cashback Points at a primary rate of Up to 5% Accelerated Cashback. Specifically, Engineered for everyday utility, earn a massive 5% cashback on online groceries, food delivery, and online entertainment. Uniquely, earn 3% cashback on all fuel spends across any petrol pump brand. Earn an unlimited 0.5% base cashback on all other eligible retail and UPI expenditures. Accelerated cashback (5% and 3% categories combined) is capped at 750 points (₹750) per billing cycle. 1 Reward Point equals exactly ₹1.. Spends in Cashback, Fuel, Entry Level categories provide the maximum valueback per transaction on this card.

Yes, because Kotak Cashback+ Credit Card is on the RuPay network, you can link it directly to any UPI application including Google Pay, PhonePe, Paytm, and BHIM. This allows you to scan merchant QR codes at local stores and pay from your credit card account while earning reward points.

Rewards earned on Kotak Cashback+ Credit Card can be redeemed for Direct Statement Cashback (via Kotak Rewards Platform) via Kotak Mahindra Bank's official rewards portal or mobile banking app. Points earned remain valid for 12 months from the transaction date before expiring.

A CIBIL credit score of 710 or above is strongly recommended for approval of Kotak Cashback+ Credit Card. Applicants should be Indian residents aged 21 to 65 years with a stable monthly income (salaried or self-employed with ITR) and no recent payment defaults or high credit utilization over 30%.

Kotak Cashback+ Credit Card levies a forex markup fee of 3.50% + GST on transactions processed in foreign currencies. For cross-border shopping and overseas travel, remember that standard 18% GST applies on the markup charge.

Kotak Cashback+ Credit Card currently features a welcome offer: "Currently offered with a zero joining fee (First Year Free) as a limited-time introductory promotion, welcoming you to an effortless cashback ecosystem.". To claim this joining perk, cardholders typically need to activate the card and complete a qualifying initial transaction within 30 to 60 days of card issuance.

Key highlights include Uniquely offers accelerated 3% cashback on fuel purchases—a high-spend category almost universally excluded by competing cashback cards and Excellent 5% return on everyday high-frequency categories like online groceries and food delivery (e.g.. However, keep in mind that Strict combined capping of 750 points (₹750) per month on the 5% and 3% accelerated categories limits overall earning potential for heavy spenders and Base cashback rate of 0.5% is lower than industry standards for flat-rate cashback cards. Overall, Kotak Cashback+ Credit Card delivers strong value if your regular spending aligns with Cashback, Fuel, Entry Level.

Kotak Cashback+ Credit Card is focused on Cashback and Fuel and Entry Level valueback and does not include unconditional complimentary airport lounge visits as a core benefit. If lounge access is a deciding factor for your travels, consider pairing this with a dedicated premium travel credit card.

Yes, Kotak Cashback+ Credit Card includes a 1% fuel surcharge waiver for fuel spends typically between ₹400 and ₹4,000 at all government and private fuel stations in India. (Double Fuel Savings: In addition to earning 3% cashback on fuel). The monthly waiver is subject to a cap, and GST charged on the surcharge is non-refundable.