Kotak Mahindra Bank Kotak Cashback+ Credit Card

Redemption value

• 1 Reward Point = ₹1.
• Redeemed as cashback (statement credit) via one-click redemption on Kotak Rewards platform.
• Minimum 500 points required for redemption.
• Cashback credited as statement credit and processed within 24 hours.
• Reward points expire 1 year from date of accrual.
• Points earned only in multiples of ₹1.

Verifiedharvested from product page·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Reward cap

• Accelerated categories (5% and 3%) cashback capped at 750 Reward Points per billing cycle.
• Post capping, 0% cashback on accelerated categories for that billing cycle.
• No capping on non-accelerated (0.5%) and UPI on CC spends.

Verifiedharvested from product page·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Reward exclusion

Verifiedharvested from product page·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Lounge access

No lounge access facility available for this card.

VerifiedKotak Cashback+ Credit Card product page·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Welcome benefit

Confirm on the official page

Official source not yet captured

Milestone benefit

• BOGO Holiday Season Offer (PVR INOX): On purchase of 2 or more tickets, get one free ticket (up to ₹250) once a month on select shows and select cinemas.
• Maximum discount per card per month capped at ₹250.
• Usable once per month.
• Valid till 30th September 2026.
• Threshold: minimum 2 tickets booked per transaction (no periodic spend threshold stated on official source).

Verifiedharvested from product page·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Eligibility

• Cardholder can get up to 3 add-on cards in addition to one primary Credit Card.
• Add-on cardholder must be 18 years and above.
• Cash withdrawal not allowed on this card.

VerifiedKotak Cashback+ Credit Card product page·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Forex markup

• Foreign Currency Transaction Mark-up fee: 3.50%.
• Dynamic Currency Conversion Fee: 3.50%.

VerifiedKey Fact Statement (KFS) - Kotak Cashback+ Credit Card·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Charge

• As per KFS (version KCBKFS04062026): Finance/Interest charge 3.75% per month (45.00% APR).
• Cash Advance facility not available.
• Add-on card fee NIL.
• Late Payment Charges by outstanding balance slab (<=₹100: ₹0; >₹100-500: ₹100; >₹500-1000: ₹500; >₹1000-5000: ₹600; >₹5,000-10,000: ₹750; >₹10,000-25,000: ₹900; >₹25,000-50,000: ₹1,100; >₹50,000: ₹1,300).
• Standing Instruction Failure/Auto-debit return fee 2% of bounce amount (min ₹450, max ₹5,000).
• Cheque Return Fee 2% of bounce amount (min ₹500).
• Fee for Cash Payment at branches ₹100.
• Over Limit Charges ₹500 (if over limit amount >= ₹500).
• Foreign Currency Transaction Mark-up 3.50%.
• Dynamic Currency Conversion Fee 3.50%.
• Credit Limit Increase Processing Fees ₹100.
• Card Replacement Fees (Lost & Damaged) ₹100.
• Fee on Fuel Transactions 1% on cumulative fuel spends exceeding ₹25,000 per statement cycle.
• Fee on Education Payment 1% on education payments via third-party apps.
• Fee on Utility Spends 1% on cumulative utility spends exceeding ₹35,000 per statement cycle.
• Fee on Wallet Loading 1% on cumulative wallet loading exceeding ₹10,000 per statement cycle.
• Fee on Rent Payments 1% of transaction amount.
• Fee on Online Skill-Based Gaming 1% on cumulative spends exceeding ₹10,000 per statement cycle.
• GST applicable on all fees and charges.

VerifiedKey Fact Statement (KFS) - Kotak Cashback+ Credit Card·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank

Interest-free period

• Interest free period up to 51 days depending on Payment Due Date.
• Payment Due Date is between 18 and 21 days after Statement Date.
• Credit free period ranges 18-48 or 21-51 days.
• Not applicable if Total Amount Due is not paid in full.

VerifiedKey Fact Statement (KFS) - Kotak Cashback+ Credit Card·30 Jul 2026, 1:30 PM IST·Kotak Mahindra Bank