Kotak Cashback+ Credit Card
Kotak Mahindra Bank · Open to apply
An entry cashback card: 5% on online food delivery, groceries and entertainment and 3% on fuel, together capped at ₹750 a billing cycle, and an unlimited 0.5% on other spends. ₹750 a year, waived on ₹2 lakh of retail spend.
- Annual fee
- ₹750 + GST a year
- Joining fee
- ₹750 + GST
- Fee waiver
- Annual fee waived on ₹2,00,000 spend per card year
- Base rate
- 0.5% cashback on other eligible spends: 0.5% in Cashback (reward points, 1 point = ₹1) (about 0.5% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 5% on online food delivery, online groceries and online entertainment: 5% in Cashback (reward points, 1 point = ₹1) (about 5% at cash value)
- 3% on fuel at any fuel station: 3% in Cashback (reward points, 1 point = ₹1) (about 3% at cash value)
Earns nothing on
- No cashback on rent, B2B, utilities, telecom, insurance, education, government, wallet loads, skill gaming and EMI
Terms the calculator does not value
- PVR INOX offer (flat ₹250 off on two or more tickets in a transaction; the page says once a card a month) runs 1 Oct 2026 to 31 Mar 2027; a limited-period offer, not valued.
- The 5% online categories are matched by Kotak's MCC list (groceries 5411 to 5499, restaurants 5812 and 5814, entertainment 7832, 7922, 7829, 4899, 5968). The calculator's dining and entertainment categories are wider (they also hold bars 5811 and 5813 and other amusement MCCs), so it may credit 5% on some online spends that earn 0.5%.
- First year free is advertised as a limited-time offer that varies by channel; the calculator charges the ₹750 joining fee.
- Telecom MCC 4899 (cable and pay TV) is on the 5% online entertainment list while 4812 and 4814 are excluded; the calculator excludes all telecom.
Sources
- Kotak Cashback+ Credit Card product page, features, fees and FAQ (Product page, the bank's own, read 6 Nov 2026)
- Key Fact Statement, Kotak Cashback+ Credit Card (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Kotak Cashback+ Credit Card, Terms and Conditions (with MCC annexure) (Reward terms, the bank's own, read 6 Nov 2026)
- Kotak Mahindra Bank credit card MITC (current PDF, created 30 Oct 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Kotak Cashback+ Credit Card, Cashback Program Guide (Reward terms, the bank's own, read 6 Nov 2026)
- Steps to claim cashback on the Kotak Cashback+ Credit Card on Kotak Unbox (Reward terms, the bank's own, read 6 Nov 2026)
- Kotak Cashback+ Credit Card PVR INOX offer terms (Reward terms, the bank's own, read 6 Nov 2026)