- Joining fee
Nil (LIMITED TIME OFFER)
- Annual fee
₹750 + GST
- Best suited for
Shopping
- Reward type
Cashback
Rewards
- Rewards rate
5% Cashback on Online Food, Grocery, and Entertainment. 3% Cashback for Fuel and Unlimited 0.5% Cashback for Other Categories
- Reward redemption
Redeem Points as Cashback. 1 Reward Point = ₹1
Benefits
- Movie & dining
BOGO on Movie Ticket Bookings Via PVR/INOX App (Limited Offer Till 30th September)
Fees & charges
- Spend-based waiver
On Spends of ₹2 Lakh Each Year
- Foreign currency markup
3.5%
- Interest rates
3.75%/Monthly and 45% Yearly
- Fuel surcharge waiver
1% Waiver on Transactions Between ₹500 and ₹4000
Product highlights
- The Kotak Cashback+ Credit Card, as the name suggests, is a dedicated card for cashback.
- This card offers 5% cashback for online food delivery, entertainment, and groceries.
- Cardholders will also earn 3% cash back on fuel spends and unlimited 0.5% cash back on all other eligible purchases.
Pros & cons
Pros
- The Kotak Cashback+ Credit Card is an entry-level credit card and would be most suited for those with mediocre spends.
Cons
- There are no renewal or welcome benefits associated with this card.
FAQs
What is the joining charge for this card?
The Kotak Cashback+ Credit Card has an annual and joining charge of ₹750 + GST.
Do I earn unlimited cashback for fuel?
No, fuel, along with other accelerated cashback categories, is capped at 750 Reward Points per statement cycle.
What are the charges for cashback redemption?
There are no charges for redeeming Reward Points for cashback.