Card Image
Kotak Cashback
Annual Fee
FREE
Rewards/₹100 ⓘ
₹0.50 - ₹5.00
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
700+
At a Glance
Key Benefits
5% cashback on online shopping, 2% on groceries, lifetime free
Lounge Access
No lounge access
Eligibility
Salaried: Rs 15,000+/month, Age: 21-60
Quick Details
Annual Fee
FREE
#1
Joining Fee
FREE
#1
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.50 - ₹5.00
#49
Reward Type Cashback
Reward Currency Cashback
Min Credit Score
700+
#54
Min Monthly Income ₹NaN
Network VISA
Late Payment Fee ₹500
Cash Advance Fee 2.50% (min ₹300)
Reward Structure
Base
All Spends
₹0.50 /₹100
Cat
Online
₹5.00 /₹100
Reward Calculator
₹
Allocate by Category 100%
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:
Insurance Coverage
Lost Card
₹0
Zero liability for fraudulent transactions.
Quick Analysis
The Kotak Cashback is a straightforward lifetime free credit card from Kotak Mahindra Bank. While it may not offer premium perks, the zero annual fee makes it a low-risk option. Suitable for those who want a basic credit card without annual charges.
Pros
- Lifetime free - no annual or joining fee
- Direct cashback instead of points - no redemption hassle
- Extended interest-free period of 50 days
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 42.00% on revolving credit
Frequently Asked Questions
Is Kotak Cashback Credit Card free?
Yes, it is lifetime free with zero joining and annual fee.
What cashback do I get on online shopping?
5% cashback on online shopping, capped at Rs 1,000 per month.
What is the grocery cashback?
2% cashback on grocery purchases, capped at Rs 500 per month.
Is fuel surcharge waived?
Yes, 1% fuel surcharge waiver on Rs 500-3000 transactions.
What is the minimum income required?
Minimum Rs 15,000 monthly income for salaried individuals.
User Reviews
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Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.
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