Kotak Cashback Credit Cards in India 2026

7.50% special discount on Myntra : You get 7.50% discount on Myntra purchases, on all Myntra transactions upto ₹10,000. Since the maximum discount available per transaction is ₹750.

5% cashback on select partners 
– You earn ₹5, on every ₹100 you spend on Swiggy Instamart (grocery) || Swiggy (food delivery) || PVR (movies) || Cleartrip (travel) || Urban Company (beauty salon services, cleaning, home repairs)
– This is valid only on combined total purchases upto ₹20,000, since the maximum cashback is capped at ₹1000 per monthly card statement cycle. If your spends are more than ₹20000 in a month , your effective cashback will drop below 5%.

1.25% cashback on all other card spends :
– You earn ₹1.25, on every ₹100 you spend on all other card purchases.
– Exceptions : You get no cashback on fuel spends, rent payments, wallet recharges, EMI transactions and cash advances.

Additional benefits (quarterly milestone benefits), upto 1%
– You get 2 complimentary PVR tickets valued at ₹250 each, on quarterly card spend of over ₹50,000
– Card spends on rent, wallet, and fuel are not considered valid spends for the above calculation

Complimentary airport lounge access in India – 1 per quarter

Fuel surcharge waiver, upto ₹3500 every year
– You get 1% fuel surcharge waiver only on fuel transactions between ₹500 and ₹3000, and
– Only on yearly fuel purchases of upto ₹3.50 lakhs (since the maximum waiver amount is limited to ₹3500 per year).

Benefits
– 7.50% discount on Myntra.
– 5% cashback on 5 select partners, covering a wide range of services.
– Complimentary domestic airport lounge access

Drawbacks to consider
– Cardholders are restricted to specific partners to avail discounts and cashback

5% earning on fuel purchases
– 4% earning on IndianOil (IOCL) fuel purchases : You earn 16 reward points worth ₹4, on every ₹100 you spend at IOCL fuel outlets – only on purchases upto ₹7500 per month , since the maximum reward points at this special earning rate are capped at 1200.
– 1% fuel surcharge waiver at all fuel stations : Surcharge waiver is given only on fuel transactions between ₹100 and ₹5,000. Maximum surcharge waiver amount given is ₹100 per monthly card billing cycle.

2% earning on grocery and dining spends
– You earn 8 reward points worth ₹2, on every ₹100 you spend in these categories.
– This is valid only on total monthly spends upto ₹10,000 in these categories, since the maximum reward points at this special earning rate are capped at 800 per month.
– 1 reward point = ₹0.25, and can be redeemed as cashback as a special introductory launch offer. Post launch offer, reward points will need to be converted to IndianOil loyalty program (XTRAREWARDS Points) and then redeemed at IndianOil outlets.

0.50% earning on all other purchases 
– You earn 2 reward points worth ₹0.50, on every ₹100 you spend on all other purchases.

Complimentary personal accident insurance of ₹2 lakhs

Personal concierge services
– Hassle-free gift and flower deliveries
– Seamless restaurant referrals and bookings
– Easy car rental and limousine reservations
– Exclusive golf reservations for your leisure
– Effortless movie ticket bookings

Benefits
– Attractive benefit rate of 5% on monthly fuel purchases, including 1% fuel surcharge waiver
– Good benefit rate of 2% on grocery purchases & dining expenditure
– Low annual card spend target (of ₹50,000) to get annual fees waived off
– Lifestyle benefits such as personal concierge

Drawbacks to consider
– You are restricted to IndianOil pumps, to avail special fuel benefits

Complimentary airport lounge access in India – 2 per quarter

1% cashback on online spends
– You earn 2.5 Mojo points worth ₹1, on every ₹100 you spend on online purchases.
– 1 Mojo point = ₹0.40 or 40 paise, and can be redeemed as cashback against your credit card statement.

0.40% cashback on all other card spends
– You earn 1 Mojo point worth ₹0.40 or 40 paise, on every ₹100 you spend on all other purchases.
– 1 Mojo point = ₹0.40 or 40 paise, and can be redeemed as cashback against your credit card statement.
– Exceptions : You get no cashback on fuel spends, rent payments, wallet recharges, EMI transactions and cash advances

Milestone benefits – only for 1st year
– You get 2500 Mojo points worth ₹1000 , when you spend ₹75000 or more on your card each quarter.
– This benefit is valid only in the 1st year from card issuance date.

Fuel surcharge waiver, upto ₹3500 per year : You get 1% fuel surcharge waiver at all fuel stations across India –
– Only on fuel transactions between ₹500 and ₹3000, and
– Only on fuel purchases upto ₹3.50 lakhs per year (since the maximum waiver is restricted to ₹3500 per year).

Rail surcharge waiver
– At www.irctc.co.in, and on Indian Railways Booking Counters
– Maximum railway surcharge waiver allowed in a calendar year is ₹500
– You will not earn reward points on railway transactions

Dedicated service – ‘KASSIST’
– Instead of you trying to reach Kotak, they will reach you. You need to SMS “KASSIST” to 5676788, and they will call you back within 2 hours.

Card sourcing locations – Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune

Benefits
– Complimentary airport lounge access in India – 2 per quarter
– Easy reward points redemption process, you can redeem your reward points for cashback.

Drawbacks to consider
– Rewards on card spending are comparatively low.