Kotak Cashback+ Prime Credit Card

Kotak Mahindra Bank · Open to apply

The Cashback+ card with car dealers added: 5% on online food delivery, groceries, entertainment and at car dealers and auto parts stores, 3% on fuel, together capped at ₹750 a billing cycle, and 0.5% elsewhere, including insurance up to ₹25,000 a cycle. ₹750 a year, waived on ₹2 lakh of 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)
  • 5% at car dealers and auto parts stores: 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, education, government, wallet loads, skill gaming and EMI

Where the sources disagree

  • redemption multiple: The product page says points can be redeemed "in the multiples of 400" on the Kotak Rewards platform; the T&C describe a one-click cashback redemption with no multiple. Neither changes the ₹1 value.

Terms the calculator does not value

  • Entertainment MCCs 7994 (video game arcades) and 7996 (amusement parks) earn 5% online; 7994 sits in the gaming category here and is not matched.
  • Transportation spends do not count toward the annual fee waiver (MITC); the calculator counts them.

Sources

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