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Kotak Biz Credit Card
Kotak Mahindra Bank

Kotak Biz Credit Card

Checked against Kotak Mahindra Bank's 6 documents for this card on 02 Nov 2026
COFFER Safety Stars3 of 5See the five checks
Interest
0 of 1
Foreign spends
0 of 1
Spend fees
None1 of 1
Clarity
The bank's documents answer 10 of 10 cost questions1 of 1
Fine print
No gaps found1 of 1

Rated 09 Nov 2026 after reading every document the bank publishes for this card. Not a recommendation. How we rate

Open to new applications · Earns Reward Point

First-year fee

₹299 to join.

Annual fee

₹499 a year.

What it gives back

1 Reward Point per ₹100 · everyday spends

Read from 6 Kotak Mahindra Bank documents, last checked 9 Nov 2026.

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Our calculation

0.25% value back

Every ₹1,00,000 spent at this rate earns about 1,000 points, worth about ₹250 at the value Kotak Mahindra Bank states for a point.

Kotak Mahindra Bank's rate: “1 Reward Points for every Rs. 100” Proof
The bank’s words

“Earn 1 reward points for every Rs.100 on all other spends”

Kotak Mahindra Bank's point value: “For redemption against categories like Mobile Recharge, Shopping, etc, 1 Reward Point = ₹0.25” Proof
The bank’s words

“For redemption against categories like Mobile Recharge, Shopping, etc, 1 Reward Point = ₹0.25”

How it compares

Compared with the cards we have read

₹499 annual fee: of the 446 other open cards whose annual fee we have read, 159 state a lower one, 47 state the same and 240 state a higher one.

3.5% forex markup: of the 479 other open cards whose forex markup we have read, 162 state a lower one and 317 state the same.

0.25% value back by our calculation: of the 90 other open cards we can work this out for, 11 return less, 14 return the same and 65 return more.

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Fees

  • Joining fee

    ₹299 to join.

  • Annual fee

    ₹499 a year.

  • Fee waiver rule

    Not offered: Condition for Joining Fee Waiver NA; Condition for Annual Fee Waiver NA.

  • Add-on card fee

    Not offered: Add-on Card Fee NA.

Rewards

  • Reward rate

    1 Reward Point per ₹100 · everyday spends1 Reward Points for every ₹100.

  • Reward exclusions

    On wallet loading, fuel, rent and online-based gaming, reward points are not applicable

  • What one reward unit is worth

    For redemption against categories like Mobile Recharge, Shopping, etc, 1 Reward Point = ₹0.25.

Card benefits

  • Domestic lounge access

    Complimentary access to select domestic airport lounges per calendar quarter on spends of ₹75, 000 or more in the previous calendar quarter.

  • International lounge access

    Spend a minimum of ₹75,000 in a calendar quarter to avail complimentary access to global (International) lounges in the next quarter

Also included

  • Fuel surcharge waiver

    In case of transactions of ₹500 to ₹5000, 1% fuel surcharge will be waived. The maximum fuel surcharge waiver of ₹2500 is available in a calendar year.

  • Surcharge on railway tickets

    Save railway surcharge of 1.8% for transactions on www.irtc.co.in and 2.5% for transactions on Indian Railways Booking Counters; maximum railway surcharge waiver of ₹500 in a calendar year

  • Lost card liability

    Card Liability Cover (Lost Card Liability, Counterfeit/Skimming/Phishing and Online Fraud Protection): Insured Limit (INR) 50,000.

  • Travel insurance

    Travel Insurance programme, Insured Limit (INR): Flight Delay (of more than 6 Hours) 10,000; Carrier Cancellation 10,000; Loss of Checked in Baggage 10,000; Delay of Checked in Baggage 10,000; Valuable Documents Cover 10,000; Missing of Connecting International Flight During Transit 10,000.

Charges

  • Forex markup

    3.5% on foreign currency transactions.3.50% foreign currency transaction mark-up fee

  • Cash advance fee

    2.5% on advance amount, subject to minimum of ₹500

  • Interest on unpaid balance

    3.75% monthly rate, 45.00% annual rate (APR)

  • Interest-free period

    Upto 48 days

  • Late payment fee

    ₹0 to ₹1,300, by outstanding balance.

Eligibility

  • Age the primary cardholder must be

    21 years to 65 years.

  • Eligibility

    Self Employed, Proprietors and Partners of Partnership firms only; resident of India

  • Income, self-employed

    Minimum Income Tax Return of ₹4.8 lakh per annum

Ways to redeem your points

  • Bills and mobile recharge

    “* With effect from 01st June 2025, cash value for redemption will be revised from ₹0.25 to ₹0.20 per reward point. For redemption against categories like Mobile Recharge, Shopping, etc, 1 Reward Point = ₹0.25” Proof

Points expiring? Use Expiry Rescue

How we know - 6 documents from Kotak Mahindra Bank, checked 9 Nov 2026

6 documents from Kotak Mahindra Bank, checked 9 Nov 2026.

Apply on Kotak Mahindra Bank

₹499 a year

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