All cards / Kotak Mahindra Bank
Kotak Cashback+ Prime Credit Card
A cashback-first everyday card that layers a new auto-dealer spend category onto Kotak's existing Cashback+ franchise, aimed at households wanting simple category cashback without a points system. The uncapped base cashback is a genuine plus for a mid-tier card.
Annual fee
₹750
Joining fee
₹750
Reward type
cashback
Base reward rate
0.5%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in groceries, online shopping, fuel. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 0.5% base rate
Benefits by category
- 🛒 Groceries
5% reward rate
- 🛍️ Shopping
5% reward rate
- ⛽ Fuel
3% reward rate
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
- Age: 21–60
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹2,00,000
- Foreign currency markup: 3.5%
- Interest rate: 42% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹500–₹4,000, capped at ₹3,500 per year
Benefits
- 5% cashback on online food, grocery, entertainment and eligible auto-dealer spends; 3% on fuel.
- Unlimited 0.5% cashback on all other eligible spends.
Pros
- + 5% cashback across everyday categories
- + Uncapped 0.5% cashback on all other spends
- + Fuel surcharge relief via 3% fuel cashback
Cons
- − Modest Rs 750 fee with no explicit waiver spend disclosed
- − Cashback categories can change without much notice