Kotak Mahindra Bank
Kotak Cashback+ Credit Card
Your rating
Community rating
Best for online groceries, food delivery, entertainment, fuel
Joining Fee
₹750
Annual Fee
₹750
Reward Rate
0.5% – 5%
Forex Markup
3.5%
Apply may use an affiliate link — we may earn a commission; this doesn't affect our data or ratings.
Kotak Cashback+ Credit Card Benefits
5% cashback on online grocery spends
5% cashback on online food delivery spends
5% cashback on online movie ticket and OTT subscription spends
3% cashback on fuel spends across fuel stations
Unlimited 0.5% cashback on other eligible spends
Accelerated cashback capped at 750 reward points per billing cycle
1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000
RuPay variant earns 0.5% cashback on eligible UPI spends
Kotak Cashback+ Credit Card Rewards
How you earn back on every swipe
cashback
Reward type
0.5% – 5%
Earn rate
₹1
Per point
12 months
Point expiry
₹750
Monthly cap
Kotak Cashback+ Credit Card Fees & Charges
Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other charges are set by the bank and spelled out in their Most Important Terms and Conditions (MITC). Use the official product page for those details.
Joining fee₹750
Annual fee₹750
Fee waiver on annual spend₹2,00,000
Interest-free period48 days
Interest rate (APR)44.4%
Late payment fee (max)₹1,300
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Fuel surcharge waiverYes (₹500–₹4000)
Things to Keep in Mind
- rent
- B2B transactions
- utilities
- insurance
- education and government
- wallet loading
- online skill-based gaming
- EMI
Card Features
Metal Card
Contactless
UPI Linked
Tips & reviews
Community comments — not financial advice. Bank terms still apply.
Checking sign-in…
Kotak Cashback+ Credit Card Eligibility
Age21+ yrs – 65
Min. income₹25,000/month
CIBIL score700+
Employment type
SalariedSelf employed
Pros & Cons
Pros
- Strong 5% cashback on daily-use online categories
- Covers groceries, food delivery, movies, and OTT subscriptions
- 3% cashback on fuel is uncommon among cashback cards
- Simple cashback-based rewards structure
- Annual fee waiver achievable at ₹2 lakh spends
- Unlimited 0.5% cashback on regular spending
- UPI rewards available on RuPay variant
- Good entry-level cashback card
Cons
- No airport lounge access
- Accelerated cashback has a monthly cap
- Forex markup of around 3.5% is high
- Only 0.5% cashback on non-bonus categories
- No welcome bonus or milestone rewards
- Rent, insurance, utility, education, government, wallet, EMI, and gaming spends are excluded from cashback
- Limited value for frequent travelers
- Cashback-focused competitors offer higher uncapped rewards in some categories
Quick Links
Data last updated 17 Jun 2026