All cards / Kotak Mahindra Bank
Kotak Biz Edge Credit Card
A proprietor/self-employed business card that rewards the boring stuff — utility bills, tax payments, SaaS subscriptions — reasonably well, but the base rate on everything else is negligible and it's not open to salaried applicants.
Annual fee
₹999
Joining fee
₹999
Reward type
points
Base reward rate
0.27%
Card network
Visa
Card tier
Mid
Who this card fits
Best suited to business owners managing company spend with a credit score of roughly 700+ whose spend is concentrated in utilities, travel. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 0.27% base rate
Benefits by category
- ✈️ Travel
1.33% reward rate
- 🧾 Utilities
1.33% reward rate
- ⛽ Fuel
1% fuel surcharge waiver on transactions between ₹500–₹4,000
Eligibility
- Minimum credit score: 700
- Employment: self-employed
- Age: 21–65
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹2,00,000
- Interest rate: 42% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹500–₹4,000
Benefits
- Accelerated points on business essentials — tax payments, utility bills, office supplies, and SaaS subscriptions (AWS, Azure, Google Workspace) via Nuclei
- 55-day interest-free period to help manage business cash flow
- 1% fuel surcharge waiver on transactions between ₹500–₹4,000
Pros
- + Accelerated rewards on business essentials and SaaS spend
- + 55-day interest-free period
- + Fee waived on ₹2L annual spend
Cons
- − Self-employed/business owners only — not for salaried applicants
- − Very low 0.27% base rate on general spend
- − SaaS bonus only applies on the Visa variant