Kotak Cashback+ Credit Card
A cashback card: 5% on online groceries, food delivery and online entertainment and 3% on fuel, together capped at ₹750 of cashback a billing cycle, and 0.5% on other eligible spends, including UPI spends on the RuPay variant. Every figure below is copied from Kotak Mahindra Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹750 plus GST MITC |
|---|---|
| Annual fee | ₹750 plus GST MITC |
| Annual fee waiver | On ₹2,00,000 of spend in the year Product page |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST MITC |
| The card listing shows a ₹0 joining fee and the product page says 'first year free' as a limited-time offer that varies by channel and customer type; the key fact statement and FAQ give ₹750 + GST, which is used here. Kotak also charges 1% on fuel spends above ₹25,000 and on utility spends above ₹35,000 in a statement cycle, and 1% on rent payments. | |
Rewards
Cashback.
| Spend | Earns | Cap |
|---|---|---|
| Online groceries and food delivery (5%) | 5% cashback Product page | up to ₹750 a statement cycle (shared) Terms |
| Fuel at any fuel station (3%) | 3% cashback Product page | up to ₹750 a statement cycle (shared) Terms |
| Other eligible spends, including UPI spends on the RuPay variant (0.5%) | 0.5% cashback Product page | no cap on record |
Earned as reward points worth ₹1 each, redeemed as statement credit on Kotak Unbox (minimum 100 points; 500 points from 16 Oct 2026), with no redemption fee; points expire one year after they are earned.
The 5% and 3% categories share one cap of ₹750 of cashback a billing cycle; after it, those spends earn nothing more that cycle. Accelerated rates follow merchant category codes: online grocery, food and entertainment codes on e-commerce, fuel codes at the pump. Cashback is earned in whole rupees.
No rewards on
- Rent, utilities, insurance, education, government payments and wallet loads (also B2B, online skill-based gaming and EMI) Product page
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived on fills of ₹500 to ₹4,000, up to ₹3,500 in a card anniversary year (an annual cap, not modelled per cycle) Product page
Also on this card
Quoted from Kotak Mahindra Bank; not counted in the net value.
- 5% cashback on online movie tickets and OTT subscriptions (within the ₹750 cycle cap) Product page
- UPI payments on the RuPay variant earn 0.5% cashback Product page
Eligibility
The issuer does not publish its criteria on the pages read. Approval is its own decision.
Not published by Kotak Mahindra Bank in the documents read
- eligibility criteria
- a welcome benefit
Where Kotak Mahindra Bank’s documents differ, and what is used
- Joining fee: the card listing shows 'Joining Fee*: ₹0' and the product page says 'first year free' as a limited-time offer; the key fact statement (version KCBKFS04062026) and the product FAQ give ₹750 + GST. ₹750 is used.
The quotes behind the figures
29 figures, each copied from an official Kotak Mahindra Bank document.
Show every quote and source
“Kotak Cashback+ Credit Card ₹750 ₹750 NIL NA ₹2 lakhs retail spends”
“Joining fee ₹ 750 Annual fees ₹ 750 Condition for waiver of Joining Fees NA Condition for waiver of Annual Fees Annual retail spends of ₹ 200,000”
“Foreign Currency Transaction Mark-up fee 3.50%”
“5% on online groceries and food deliveries”
“750 Cashback per billing cycle across overall spends made on 5% and 3% categories.”
“Get 5% cashback on eligible online food deliveries, groceries, and entertainment spending.”
“Post capping, customer will accrue no Cashback on any spends done across the accelerated categories for the particular billing cycle.”
“Offline grocery, dining, and entertainment purchases will earn base cashback.”
“3% on fuel across all fuel stations”
“Get 0.5% unlimited cashback on other eligible spends.”
“Unlimited 0.5% on other eligible spends. For the RuPay variant, eligible UPI on CC spends will also earn unlimited 0.5% cashback.”
“There is no capping on cashback accrual on non-accelerated and UPI on CC spends”
“Rent Payment, B2B, Education & Government spends, Insurance, Utilities, EMI transactions, Post Purchase EMI, Wallet loading transactions, Cash advances, Online skill-based gaming do not qualify as spends where customers can earn Cashback.”
“Cashback does not apply to rent, B2B transactions, Utilities, Insurance, Education and Government payments, Wallet loading, Online skill-based gaming, and EMI transactions.”
“0.5% unlimited cashback on other eligible spends Apply Now”
“To explore VISA Rewards offers on your cards”
“JF and AF of the card is ₹750 + GST”
“*Limited Time Offer = Joining Fees & Annual Fees may vary based on the channel and customer type.”
“Now, first year free. #LimitedTimeOffer”
“3.50% for all other Cards 2% for Privy League Signature (Fee paying variant), Kotak Infinite card, Kotak Air+ Credit Card, White Reserve, Kotak Air+ Prime Credit Card, Kotak811 Super Money Credit Card and Dream Different Credit Card.”
“Accrued points can only be redeemed as cashback against statement outstanding. 1 point = ₹1. Minimum 100 points required for redemption. Effective 16th Oct'26, minimum 500 points will be required for redemption.”
“No, redemption is free of cost”
“Unclaimed cashback will expire in 1 year.”
“Fee on Fuel Transactions 1% fee on cumulative fuel spends exceeding 25,000 per statement cycle”
“Fee on Utility Spends 1% fee on cumulative utility spends exceeding 35,000 per statement cycle”
“1% fuel surcharge waiver will be available on transactions between ₹500 and ₹4000. Maximum waiver is allowed up to ₹3500 in an anniversary year.”
“5% on online movie tickets and OTT subscriptions”
“Kotak Cashback+ Credit Card Apply Now”
“For the RuPay variant, UPI on CC spends will earn unlimited 0.5% cashback”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with Kotak Mahindra Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is Kotak Mahindra Bank’s own file from its website, unaltered, fetched 2026-10-16. Methodology