Kotak Cashback+ Card: 5% Cashback on Food, Groceries & More

[the.avhishek]

Kotak Cashback+ Credit Card 💳

✨ 5% cashback on online food delivery, groceries & entertainment

⛽ 3% cashback on fuel spends

⚠️ Cashback on accelerated spends is capped at 500 points per billing cycle

• Cashback is awarded based on the Merchant Category Code (MCC)
• 1 reward point = ₹1, earned only in multiples of ₹1
• Unclaimed cashback expires after 1 year

💰 0.5% unlimited cashback on all other eligible transactions

🚗 1% fuel surcharge waiver (up to ₹3,500 per anniversary year)

💵 Joining Fee: ₹750
🔁 Annual Fee: ₹750


Auto Disbursement of Cashback during Card Upgrade scenario :

• From other card to Cashback+ Card upgrade case : The outstanding Reward Points/Miles/White pass in the old card account will be posted in new Cashback+ card account in the form of equivalent reward points, with value as per old card point rate
• From Cashback+ to Other Card upgrade case : The outstanding Reward Points in the Cashback+ account will be posted in new Kotak card account in the form of equivalent Reward Points/Miles/White pass, with value as per Cashback+ card reward point rate

How to Redeem Your Cashback on the Kotak Rewards Platform 💰

1. Open the Kotak Rewards Platform
2. Tap the menu (☰) icon on the top left and select “Login”
3. Enter your CRN and click “Get OTP”
4. Enter the OTP received on your registered mobile number and email, then click “Submit”
5. In the “Card Type” dropdown, select “Credit Card”
6. Choose your Cashback+ Card from the “Card Number” dropdown
7. Enter the number of Reward Points you wish to redeem
8. Accept the Terms & Conditions and click “Submit”

📌 Note: Reward points can only be redeemed as cashback.
💸 1 Point = ₹1

 

[SarPanch]

Got this as LTF as well. I am worried if this will give me 3% irrespective of the fuel pump

 

[Strange]

Got this as LTF as well. I am worried if this will give me 3% irrespective of the fuel pump

Is this your first Kotak credit card?

 

[SarPanch]

Is this your first Kotak credit card?

Yes. I got it on my spouse account

 

[Strange]

Yes. I got it on my spouse account

And She didn't have any relationship with Kotak before this even bank account?

 

[AllThatStuff]

What's the max no. of cards Kotak allows any customer??
I already have 3 cards !!

 

[SarPanch]

And She didn't have any relationship with Kotak before this even bank account?

a savings account. got a call from the branch that its pre approved and I took it. I also took Air+ for myself as LTF.

 

[SarPanch]

What's the max no. of cards Kotak allows any customer??
I already have 3 cards !!

No clue about that.

 

[Jatayu]

Got this as LTF as well. I am worried if this will give me 3% irrespective of the fuel pump

Tried 4 different pumps with even one with far away from my place and got 3% cb on all. I also got it Ltf.

 

[SarPanch]

Tried 4 different pumps with even one with far away from my place and got 3% cb on all. I also got it Ltf.

Wow. that was something motivational. Thank you.

 

[kuchbhikuchbhi is verified member.]

Tried 4 different pumps with even one with far away from my place and got 3% cb on all. I also got it Ltf.

surcharge fully refunded or excluding gst

 

[Jatayu]

surcharge fully refunded or excluding gst

Excluding Gst. But it's very minimal so I ignore it as I am getting 3% cb, it doesn't matter much.

 

[kuchbhikuchbhi is verified member.]

I am getting 3% cb

2 . 8 8 %

 

[Jatayu]

2 . 8 8 %

That's also not fully correct as when you are calculating to decimal levels then don't forget, we get CB on fuel surcharge also. It would increase it a lil bit to 2.9% approx.

But there is one more point which decreases it to 2.85% approx. Cb comes in integer value means for 3430 diesel which I put, I got 102 cb not 102.9. Not a significant loss but adding some weight to your decimal point to point calculation 😜

 

[Strange]

No, If are calculating to decimal levels then don't forget, we get CB on fuel surcharge also. It would increase it a lil bit to 2.9% approx.

But there is one more point which would further decrease to 2.85% approx as cb comes in integer value means for 3430 diesel which I put, I got 102 cb not 102.9. Not a significant loss but adding some weight to your decimal point to point calculation 😜

are you getting cashback directly into your card account or getting reward points?

 

[Jatayu]

are getting cashback directly into your card account or getting reward points?

Getting RPs which can be redeemed in multiples of 100

 

[Strange]

Getting RPs which can be redeemed in multiples of 100

What's the value of each RPs and Minimum RPs required for redemption?

 

[Jatayu]

What's the value of each RPs and Minimum RPs required for redemption?

1 RP = ₹1
Minimum ₹100 required to redeem means aaprox 3340 worth of fuel.