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Kotak Mahindra Bank

Kotak Biz Credit Card

Visa

Kotak Biz Credit Card

Kotak's entry-level Biz card (distinct from the metal Kotak BizEdge) targets small business owners and self-employed professionals who want a low-cost card with accelerated points on travel and supermarket spend, a quarterly lounge visit, and standard fuel/railway surcharge waivers. Fees are modest — ₹299 joining plus a ₹499 annual fee — making it one of the more accessible business cards on the market rather than a premium play.

Rates and fees last verified 15 July 2026 · No bank pays us to rank higher.

Annual fee

₹499

Joining fee

₹299

Reward type

points

Base reward rate

1%

Card network

Visa

Card tier

Entry

Who this card fits

Best suited to self-employed applicants with a credit score of roughly 700+ whose spend is concentrated in travel, groceries. It's worth the annual fee mainly if your points value clears it.

Benefits by category

  • 🛒 Groceries

    4% reward rate

  • ✈️ Travel

    4% reward rate · 1 complimentary domestic airport lounge visit per quarter

  • Fuel

    1% fuel surcharge waiver at all fuel stations

  • 🌍 Forex / international spend

    3.5% forex markup on international transactions

Eligibility

  • Minimum credit score: 700
  • Minimum monthly income: ₹20,000
  • Employment: self-employed
  • Age: 2165

Benefits

  • Up to 4 Reward Points per ₹100 spent on travel, supermarkets and lodging
  • 1% fuel surcharge waiver at all fuel stations
  • 1 complimentary domestic airport lounge visit per quarter

Pros

  • + Low joining (₹299) and annual (₹499) fees relative to most business cards
  • + 4x points on travel, supermarkets and lodging covers common small-business spend
  • + 48-day interest-free period on retail transactions
  • + Fuel and railway surcharge waivers plus a quarterly lounge visit

Cons

  • No milestone-based annual fee waiver disclosed by the issuer
  • 3.5% forex markup and a steep 42% annualized interest rate on revolved balances
  • Base reward rate outside bonus categories is a modest 1 point per ₹100
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