Kotak Mahindra Bank
Kotak Cashback+ Credit Card
rupaybasiccreditshoppingonline
Annual Fee
₹750
Base Reward
0.5% cashback
Foreign Markup
3.5%
4.4/5
Welcome Benefits
N/A
Product Highlights
- 5% cashback on online food delivery
- 3% cashback on fuel spends
- Unlimited 0.5% cashback on other eligible purchases
Category Rewards
grocery
5% Cashback on Online Food, Grocery, and Entertainment
5%
entertainment
5% Cashback on Online Food, Grocery, and Entertainment
5%
fuel
3% Cashback for Fuel
3%
other
Unlimited 0.5% Cashback for Other Categories
0.5%
Fee Waiver
Spend-Based Waiver On Spends of ₹2 Lakh Each Year
Rewards Details
5% Cashback on Online Food, Grocery, and Entertainment. 3% Cashback for Fuel.
Redemption
1 Reward Point = ₹1
Benefits & Features
1% Waiver on Transactions Between ₹500 and ₹4000
Pros & Cons
Pros
- Entry-level credit card
- 5% accelerated cashback on online food & grocery delivery
- 3% accelerated cashback on fuel spends
Cons
- No renewal or welcome benefits
- Capped cashback on accelerated categories
Additional Info
The card is best suited for those beginning their credit card journey.
Both accelerated categories capped at 500 Reward Points per statement cycle.
Excluded Categories
rentB2B transactionsutility bill paymentsinsurance paymentseducation-related paymentsgovernment-related paymentswallet reloadsonline skill-based gamingtransactions converted to EMI
Partner Merchants
N/A
Fees & Charges
Annual Fee₹750
Joining Fee₹750 + GST
Fee WaiverSpend-Based Waiver On Spends of ₹2 Lakh Each Year
Foreign Markup3.5%
Interest Rate3.75% per month
Eligibility
Networks
rupay
Fee Waiver
Spend-Based Waiver On Spends of ₹2 Lakh Each Year