Kotak Mahindra Bank
IndianOil Kotak Credit Card
Annual Fee
₹449
Base Reward
0.5% points
Foreign Markup
3.5%
Welcome Benefits
Get 1000 Reward Points on spending ₹500 or more within 30 days of getting the card
Product Highlights
- Welcome Benefit of 1000 Reward Points on spending ₹500 inside 30 days
- 24 Reward Points on spending ₹150 on fuel at IndianOil outlets
- 12 Reward Points on spending ₹150 on dining and grocery
- 3 Reward Points on spending ₹150 on everything else
- 1% fuel surcharge waiver with a maximum of ₹100 per month
- Insurance cover of ₹2 Lakhs for personal accident
Category Rewards
fuel
24 Reward Points on every ₹150 spent
24 Reward Points on every ₹150 spent
grocery
12 Reward Points on every ₹150 spent
12 Reward Points on every ₹150 spent
dining
12 Reward Points on every ₹150 spent
12 Reward Points on every ₹150 spent
other
3 Reward Points on every ₹150 spent
3 Reward Points on every ₹150 spent
Fee Waiver
Annual fee is waived on spends of ₹50,000 or more in the previous year
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
IndianOil
offline(Maximum of 1200 reward points per month)
Rewards Details
Get 24 Reward Points on every ₹150 spent on fuel at IndianOil outlets, 12 Reward Points on every ₹150 spent on grocery and dining, and 3 Reward Points on every ₹150 spent on other transactions.
- Reward Points can be redeemed as cashback or to buy merchandise, products, and vouchers on kotakrewards.com.
Benefits & Features
Get 12 Reward Points on spending ₹150 on dining.
Pros & Cons
Pros
- High reward points on fuel spends
- Welcome benefit of 1000 Reward Points
- Annual fee waiver on spends of ₹50,000 or more
Cons
- Maximum capping on reward points
- No complimentary lounge access
Additional Info
Maximum of 1200 reward points per month on fuel spends and 800 reward points per month on dining and grocery spends.
Partner Merchants
Fees & Charges
Eligibility
Min Age
18 yrs
Networks
Fee Waiver
Annual fee is waived on spends of ₹50,000 or more in the previous year