Kotak Cashback+ Credit Card
Issuer Regulated by RBI
Kotak Mahindra Bank
Kotak Mahindra Bank logoKotak Mahindra Bank

Kotak Cashback+ Credit Card

The Kotak Cashback+ Credit Card is a RuPay cashback card designed for everyday household spends.

RuPay
Regular
70
Overall CardCheck ScoreVery Good

Cashback Fit Score

95/100

Best for: online groceries, food delivery, entertainment, fuel

Joining Fee

₹750

Annual Fee

₹750

Reward Rate (%)

0.5 – 5

Forex Markup

3.5%

Community
(0)
Your Rating

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CardCheck Rating & Score

Our proprietary algorithm evaluates cards across reward value, fee fairness, lounge access and terms to provide an unbiased score.

Reward Power

34/35

Fee Value & ROI

20/25

Lounge & Perks

4/20

Forex & Access

12/20

Category Strengths Breakdown

Ranked by strongest spend category
Cashback Spends
95/100
Fuel & Petrol
94/100
RuPay UPI Payments
88/100
Online Shopping
84/100

Scoring Methodology: Evaluated deterministically using verified bank MITC filings, fee waiver spend ratios, reward percentage caps, and lounge agreements. No card receives sponsored score inflation. Learn how we score →

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 statutory charges are detailed in the official Most Important Terms and Conditions (MITC).

Joining fee₹750
Annual fee₹750
Fee waiver on annual spend₹2,00,000
Interest-free period47 days
Interest rate (APR)45%
Late payment fee (max)₹1,300
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Fuel surcharge waiverYes (₹500–₹4000)

750 RP per billing cycle on accelerated categories only. Base 0.5% cashback remains uncapped

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

Fee Waiver Spend Simulator

Simulate your spend to check waiver eligibility

Waiver Target: ₹2,00,000/yr
₹16,667/mo
Presets:
Annual Fee 100% Waived₹2,00,004 / ₹2,00,000

🎉 Annual renewal fee 100% waived! At ₹16,667/mo (₹2,00,004/yr), your ₹750 fee drops to ₹0.

Est. Base Rewards+₹1,000@0.5% base rate
Effective Fee₹0 (Waived)100% saved
Net Annual Value+₹1,000rewards vs fee
*Estimated using standard base rate (0.5%). Excludes monthly-capped accelerated partner multipliers.Detailed Rewards Calculator →

Tips & reviews

Community comments — not financial advice. Bank terms still apply.

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Kotak Cashback+ Credit Card Eligibility

Age21+ yrs – 65
Min. income₹25,000/month
CIBIL scoreCardCheck Estimate
700+

Employment type

SalariedSelf employed

Pros & Cons

Pros
  • 5% accelerated cashback on daily online groceries, food delivery, and entertainment
  • 3% cashback on fuel purchases
  • Combined ₹750/month accelerated cashback cap (750 reward points with 1 RP = ₹1)
  • Unlimited 0.5% cashback on regular spending with no monthly cap
  • Annual renewal fee waived on ₹2 Lakh annual retail spend
  • RuPay variant supports merchant UPI payments via Google Pay, PhonePe, Paytm
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 6 Sept 2026

All Kotak Mahindra Bank credit cards →Best Cashback CardsBest Fuel Cards
Free Rewards Math Simulator

Calculate your exact earnings with Kotak Cashback+ Credit Card

Enter your monthly spending in groceries, dining, fuel, travel, and shopping to calculate your estimated net return after fees, reward caps and exclusions.

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