Kotak Cashback+ Credit Card benefits
- Rewards5%
cashback on online food delivery, groceries, movie tickets and OTT
- Fuel3%
cashback on fuel plus a 1% fuel surcharge waiver
- Rewards0.5%
unlimited cashback on other eligible spends
including UPI on RuPay
- Rewards
Accelerated cashback up to ₹750 a billing cycle
Good to know
- Annual fee ₹750, waived on ₹2 lakh of yearly spends
Kotak Cashback+ Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Swiggy, ZomatoOnline food delivery. Restaurant bills paid in person earn 0.5%. Shares a limit of 750 points a billing cycle with all 5% and 3% spends. | 5% back | 750 |
| BigBasket, BlinkitOnline grocery delivery. Grocery bought in a shop earns 0.5%. Shares the 750 point limit. | 5% back | 750 |
| BookMyShowOnline movie tickets and OTT subscriptions. Shares the 750 point limit. | 5% back | 750 |
| FuelFuel at all fuel stations. Shares the 750 point limit. | 3% back | 750 |
| Everything else | 0.5% back | None |
No rewards on: Rent, B2B payments, utilities, insurance, education, government payments, wallet loads, online skill-based gaming and any spend turned into EMI.
All reward rules
- Cashback is paid as reward points. 1 point equals ₹1, redeemed as cashback against your bill on the Kotak Unbox platform with no redemption fee.
- The 5% and 3% rates share one limit of 750 points a billing cycle. After it, those spends earn nothing, not the base rate.
- Other eligible spends earn 0.5% with no limit. On the RuPay variant, UPI spends also earn 0.5%.
- At least 100 points are needed to redeem, rising to 500 points from 1 December 2026. Unclaimed cashback expires after 1 year.
- Kotak matches spends by merchant category code (MCC), so a shop's own code decides which rate you get.
What the Kotak Cashback+ Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “a bit of everything” pattern, using BigBasket and Blinkit and BookMyShow and Swiggy and Zomato where the card pays extra. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹6,000 | 5% (limit hit) | ₹2,872 |
| Dining and food delivery | ₹3,000 | 5% (limit hit) | ₹1,436 |
| Online shopping | ₹8,000 | 5% (limit hit) | ₹3,830 |
| Travel | ₹3,000 | 0.5% | ₹180 |
| Fuel | ₹3,000 | 3% (limit hit) | ₹862 |
| Bills and utilities | ₹3,000 | 0% | ₹0 |
| Everything else | ₹4,000 | 0.5% | ₹240 |
| Total | ₹30,000 | ₹9,420 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹9,420* |
That is ₹4,620 a year more than the HSBC RuPay Cashback Credit Card on the same spending.
Kotak Cashback+ Credit Card annual fee and charges
- Joining fee
- ₹750
- Annual fee
- ₹750
- Fee waiver
- ₹2,00,000 a year
- Foreign currency markup
- 3.5%
The annual fee is waived on yearly retail spends of ₹2 lakh. Fees are before GST.
Fuel surcharge: 1% fuel surcharge waiver on transactions from ₹500 to ₹4,000, up to ₹3,500 in a card year.
Kotak Cashback+ Credit Card eligibility
Kotak's card page does not state a minimum age or income for this card. Kotak checks eligibility when you apply.
The bank alone decides approval and your credit limit.
Kotak Cashback+ Credit Card lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
Is the Kotak Cashback+ Credit Card right for you?
A card with a ₹750 fee that spending can waive, paying 5% at Swiggy and Zomato and a below-average 0.5% elsewhere.
Worth its fee if you spend about ₹3,000 a month or more. Below that, the ₹750 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot at Swiggy and Zomato: the card pays 5% back there, against 0.5% on most other spends.
- You spend ₹2,00,000 a year or more (about ₹16,700 a month), so the ₹750 renewal fee is waived.
- You pay by UPI: it is a RuPay card you can link to UPI apps and use at shop QR codes.
Not for you if
- You spend less than about ₹16,700 a month: you would pay ₹885 a year with GST.
- You rarely use its partner brands: outside them the card pays 0.5%.
- Much of your spending is on bills and utilities: this earns no rewards.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to Kotak Cashback+ Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| Kotak Cashback+ Credit Card | ₹750 | 5% | ₹2,520* |
| HSBC RuPay Cashback Credit Card | ₹499 | 10% | ₹4,800* |
| Fibe Axis Bank Credit Card | Free | 3% | ₹3,240* |
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the Kotak Cashback+ Credit Card?
The joining fee is ₹750 and the annual fee is ₹750, both before GST. The annual fee is waived on yearly retail spends of ₹2 lakh.
What is the cashback limit on the Kotak Cashback+ card?
The 5% and 3% categories together can earn up to 750 points, worth ₹750, in one billing cycle. After that they earn nothing more that cycle. The 0.5% on other spends has no limit.
Does offline grocery or dining earn 5%?
No. Only online grocery and food delivery earn 5%. Kotak says grocery, dining and entertainment bought in person earn the 0.5% base cashback.
How do I redeem the cashback?
Cashback is stored as reward points, where 1 point equals ₹1. You redeem it as cashback against your card bill on the Kotak Unbox platform, free of charge. You need at least 100 points, or 500 points from 1 December 2026.
Which spends earn no cashback?
Rent, B2B payments, utilities, insurance, education, government payments, wallet loads, online skill-based gaming and EMI transactions earn no cashback.
Does the Kotak Cashback+ card allow cash withdrawal?
No. Kotak says cash withdrawal is not allowed on this card.