Kotak Cashback+ Credit Card Review

Author And Publisher: Gyro 3.o
21.08.2025 09:18 PM - Comment(s)

Kotak Cashback+ Credit Card

Kotak Cashback+ Credit Card – unlimited cashback rewards, attractive features, and simple fee structure
Credit Card Advice Widget

Financial Expert Advice

Choose Your First (or Next) Credit Card Wisely

Maintain Two Credit Cards: One For Routine Expenses And Auto-Debits, And Another Reserved For Emergencies. Avoid Pursuing Rewards; Prioritize Financial Stability And Discipline.

Kotak Cashback+ Credit Card Review

Introduction

The Kotak Cashback+ Credit Card targets value-seekers who spend heavily on groceries, food delivery, entertainment, and fuel. With tiered cash-back, a modest annual fee, and a straightforward redemption process (₹1 per point), it suits first-time cardholders or anyone wanting a single, low-maintenance rewards card.

Key Features and Benefits


Welcome Benefit

No joining bonus is provided—value is delivered via ongoing cash-back.

Milestone Benefit

Spend ₹2 lakh in an anniversary year and the annual fee is waived.

Reward Structure

Spend CategoryCash-back RateKey Limits
Online groceries & food delivery5%Combined category cap — 500 points per cycle 
Online entertainment (movies, OTT, gaming)5%Counts toward the same 500-point cycle cap 
Fuel (all brands)3%Included in the 500-point cycle cap
All other eligible spends0.5%Unlimited

  • 1 Reward Point = ₹1 cash credit.

  • Points expire 12 months after accrual if unredeemed.

  • Cash-back is credited after manual redemption on the Kotak Rewards portal.

Lounge Access

No complimentary domestic or international lounge access.

Surcharge Waiver

Fuel Surcharge Waiver – 1% on transactions ₹500–₹4,000, capped at ₹3,500 per anniversary year.

Fees and Charges

Fee TypeAmount / Remarks
Joining Fee₹750 + GST 
Annual Fee₹750 + GST (waived on ₹2 lakh spend) 
Add-on Card FeeNil
Interest Charges3.75% per month (45% p.a.) 
Foreign Currency Mark-up3.5% 
Late Payment Charges(slab-based) 
Cash Advance Fee₹300 per ₹10,000 withdrawn 
Over-limit Charge₹500 

CashOn.Cards Ad Rotator - Final Version
Fees And Charge Table

Card Essential

 Type:- Cashback

____________________________________

 Welcome Benefits:-  ----
____________________________________
Joining Fee:- ----
____________________________________
  Annual Fee:- ₹750 + GST 
____________________________________
 Reward Structure:- Cashback On SPENDS
____________________________________
Renewal Benefit:- ₹750 (waived off on annual spends of ₹200,000). 

Rewards and Benefits Analysis

Kotak Cashback+ excels for routine urban spending—online groceries, Swiggy/Zomato orders, movie tickets, and OTT subscriptions—while offering a rare 3% fuel cash-back. The 500-point (₹500) monthly cap limits maximum yearly accelerated savings to ₹6,000 , so very high spenders may outgrow the card. Still, the fee is modest and easy to offset with regular use.

Practical Considerations

Best for:

  • Cardholders spending ₹10k–₹15k/month across groceries, food delivery, entertainment, and fuel.

  • Beginners wanting hassle-free cash-back and a low fee.

Annual Fee Waiver:
Hit ₹2 lakh annual spend (≈₹16,700/month) to avoid the renewal fee.

Redemption Options

  • Redeem points every few months to avoid the one-year expiry window and ensure they offset future bills.

Ideal User Profile

  • Young professionals or families ordering groceries online and streaming content regularly.

  • Commuters who value steady fuel savings.

  • Users preferring cash-back over airline miles or complex reward catalogs.

Final Thoughts

The Kotak Cashback+ Credit Card is a straightforward, entry-level cash-back option that shines in popular everyday categories and uniquely rewards fuel. While the monthly cap tempers total returns and there are no lifestyle perks, the card’s simplicity, fee waiver, and ₹1-per-point redemption keep it practical for moderate spenders focused on tangible savings.

Additional Tips for Applicants

  1. can Limit monthly grocery/food/entertainment spends to ₹10,000 combined to fully utilize the 5% cap.

  2. can Use the card for all petrol transactions up to ₹16,667/month to maximize both 3% cash-back and surcharge waiver.

  3. Set calendar reminders to redeem points before they lapse at 12 months.

  4. Track categories like utilities, insurance, wallet loads, and rent—they earn no rewards.

  5. If your annual spend consistently exceeds ₹4 lakh, consider higher-tier cash-back cards for uncapped returns.

CDMS EXPERT ADVICE

The Kotak Cashback+ Credit Card is best for disciplined everyday spenders who use it mainly for groceries, food delivery, entertainment, and fuel, while keeping monthly spends within a planned budget. Clear your statement in full each month so interest doesn’t wipe out the value of your cashback savings. If credit card dues, EMIs, or other obligations start becoming difficult to manage, connect with CDMS at Cashon.cards for structured credit card debt and outstanding bill solutions tailored to your situation.

This review provides a balanced view of the card's strengths and weaknesses, helping readers make informed decisions about whether the Kotak Cashback+ Credit Card aligns with their 

Spending Habits And Financial Goals. 

! Disclaimer - We strive for accuracy, but this content is for informational purposes only. For the latest product details and offers, please check the official site directly.
Enhanced Blog Navigation Widget
Use ← → for navigation, M for categories, B for banks, S to share
Author And Publisher: Gyro 3.o

Author And Publisher: Gyro 3.o

Financial Insights Engine Cashon.Cards
https://www.cashon.cards/

Gyro - Your Financial Compass Is A Constantly Updating Financial Insights Engine That Aggregates Data From Various Sources To Provide Up-To-Date insights On Banking Products. Cashon.cards Offers Blogs, Videos, And Podcasts To Help Users Make Informed Financial Decisions.