First-year fee
₹999 to join.
Annual fee
₹999 a year.
What it gives back
Up to 2 reward points for every ₹150 spent across other categories
Compared with the cards we have read
Annual fee
₹999 a year.
Joining fee
₹999 to join.
Fee waiver rule
Waived off on spend of ₹2 lakh within 12 month
Add-on card fee
Not offered: Add On Card Fees Not Applicable
Reward rate
Up to 2 reward points for every ₹150 spent across other categories
EMI spend earning
Not offered: Reward points can not be earned on EMI transactions.
Fuel earning
10 reward points for every ₹150 spent on business essentials, which include fuel; rewards on business essential spends are capped at 2500 reward points per statement cycle
Government spend earning
10 reward points for every ₹150 spent on business essentials, which include government payments; rewards on business essential spends are capped at 2500 reward points per statement cycle
Insurance spend earning
10 reward points for every ₹150 spent on business essentials, which include insurance premiums; rewards on business essential spends are capped at 2500 reward points per statement cycle
Rent earning
Not offered: Reward points can not be earned on select categories including rent
Travel earning
10 Reward points for every ₹150 spent on flight and hotel bookings made through Kotak Unbox.
Utilities earning
10 reward points for every ₹150 spent on business essentials, which include utility bills; rewards on business essential spends are capped at 2500 reward points per statement cycle
Wallet load earning
Not offered: Reward points can not be earned on select categories including wallets
Reward exclusions
Not offered: EMI transactions, and select categories including rent, wallets, and education
Reward caps
Business essential spends capped at 2500 reward points per statement cycle; accelerated reward points for flight, hotel and SAAS spends capped at 1,00,000 reward points.
What one reward unit is worth
1 Reward Point = ₹0.25 for purchases via the Kotak Unbox platform.
Flight redemption
Customers can only redeem 80% of the cart value via Reward Points on Kotak Unbox, rest 20% needs to be paid via the Kotak BizEdge credit card; minimum 500 Reward points are required for redemption on flights
Hotel redemption
Customers can only redeem 80% of the cart value via Reward Points on Kotak Unbox, rest 20% needs to be paid via the Kotak BizEdge credit card; minimum 500 Reward points are required for redemption on hotel purchases
Voucher and product redemption
Customers can only redeem 80% of the cart value via Reward Points on Kotak Unbox, rest 20% needs to be paid via the Kotak BizEdge credit card; minimum 500 Reward points are required for redemption on voucher & gift purchases
Smallest number of points that can be redeemed
Minimum 500 Reward points are required for redemption on flights, hotel & voucher & gift purchases via Kotak unbox
Fuel surcharge waiver
Not offered: Fuel Surcharge Waiver NA.
Forex markup
3.5% on foreign currency transactions.3.50% on international transactions
Cash advance feeCash advance interest
Not offered: ATM Cash Withdrawal/ Cash Advance Not Allowed.
Cash withdrawal limit
Not offered: No cash withdrawal allowed for cardholders.
Interest on unpaid balance
3.75% per month (45% per year)
Interest-free period
Up to 55 days
Late payment fee
Late payment charges, due as per last statement: ₹100 – ₹500: ₹100; ₹501 – ₹5,000: ₹500; ₹5,001 – ₹10,000: ₹600; ₹10,001-₹25,000: ₹800; ₹25,001-₹50,000: ₹1,000; >₹50,000: ₹1,200.
Over-limit fee
Not offered: Over Limit Charges Not Allowed.
Payment return or dishonour fee
Cheque bounce: 2% on bounce amount, subject to minimum of ₹500
Card replacement fee
Waived off
GST note
GST @ 18% as applicable will be charged on all interest & fees and other charges levied on your Credit Card. The GST rate is subject to change from time to time
Minimum amount due
5% of all transactions & 100% of EMI, Finance Charges, Fees/Charges & Tax as applicable, subject to a minimum of ₹100 else up to the TAD amount whichever is lower
Whether carrying a balance ends the interest-free period
Interest will be charged on a daily accrual basis if you do not pay the previous bill amount in full on or before the due date; interest will be charged from the date of transaction until the date of payment
What applies: unclear - ask the bank
Card page says: Valid for 36 months only
MITC says: Expire after 2 years from date earned
“All the reward points earned are valid for 36 months only. The points will expire post this duration.”
“Reward points if not redeemed will expire after 2 years from the date on which they are earned.”
On these lists
₹999 a year
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