Kotak Cashback+ Credit Card
Kotak Mahindra Bank
Last verified: 23 Sept 2026
Reward Program
| Category | Earn Rate | Monthly Cap |
|---|---|---|
Online groceries, food delivery and entertainment | 5% | ₹750/monthly |
Fuel at fuel stations | 3% | ₹750/monthly |
| All other spends | 0.5% | No cap |
Redemption fee: 0
Managed via Kotak Unbox platform (accessed through Kotak net banking and the Kotak mobile app)
Transfer partners
Instant Discounts
Bookings made online on bookmyshow.com or the BookMyShow app only, applied through the 'Apply Offers' tile before payment. Offer runs to 30 September 2026.
20% off up to ₹150 on a minimum spend of ₹299. A dated promotion rather than a permanent card feature.
Bookings made online on pvrcinemas.com, the PVR app, inoxmovies.com or the INOX app only, applied through the 'Kotak Cashback+ BOGO Offer' tile in the bank-offers section. Offer runs to 30 September 2026.
A buy-one-get-one on movie tickets. discount_percent is recorded as 50 because a BOGO on two equally priced tickets is a half-price basket; the binding term is the ₹250 monthly cap, so the effective discount falls below 50% on tickets above ₹500.
Live Offers
20 activeBenefits
Movie BOGO
A buy-one-get-one offer on PVR INOX movie tickets booked on pvrcinemas.com, the PVR app, inoxmovies.com or the INOX app, applied through the 'Kotak Cashback+ BOGO Offer' tile in the bank-offers section. The discount is capped at ₹250 per card per month and can be used once per card per month. It is a dated promotion running to 30 September 2026 rather than a permanent card feature.
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹500 and ₹4,000, capped at ₹3,500 in an anniversary year. This card is the single exception to Kotak's rule that no rewards accrue where a fuel surcharge waiver is given — the MITC carves out the Kotak Cashback+ Credit Card by name, so 3% cashback and the surcharge waiver can both be earned on the same fuel transaction.
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹750/yr |
| Renewal Fee | ₹750/yr |
| Fee Waiver | Spend ₹2,00,000/year |
| Forex Markup | 3.5% |
| Interest Rate | 45% p.a. |
| Cash Advance Fee | Not applicable — the MITC states the cash advance facility is not available on this credit card. |
| Reward Redemption Fee | 0 |
Spends That Don’t Count
Kotak leaves these categories out when totalling your spend. They still earn rewards where the card pays on them — they just do not move you toward the target below.
Excluded from the fee waiver
Toward the ₹2,00,000/year waiver
- EducationCoaching, College fees, Online courses, School fees
- Everything elseRent, Society maintenance, Tax and government fees, Wallet top-ups
- Getting aroundFASTag and tolls, Fuel, Metro
- InsuranceHealth, Motor, Other cover
- SubscriptionsAI tools, Cloud storage, Gaming
- TravelForex card loads, Trains
- UtilitiesBroadband, DTH or cable, Electricity, Mobile recharge, Piped gas, Water
