METRO Kotak Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
"Limit yourself to holding two credit cards A/C—one for daily expenses and auto-debits, and another reserved for emergencies.
Avoid chasing cashback, miles, rewards or Investments, as this can distract from sound financial management;
and lead to unnecessary debt. Focus on stability & discipline."
METRO Kotak Credit Card Review
Introduction
The METRO Kotak Credit Card is a co-branded, lifetime free credit card designed for businesses, retailers, and self-employed professionals who rely on bulk purchases from Metro Cash and Carry. Tailored to help India’s unorganized and SME sectors, this card delivers direct cashback and essential expense control—ideal for kirana owners, restaurant operators, and traders looking for practical savings when sourcing inventory.
Key Features and Benefits
Welcome Benefit
Earn ₹500 cashback as an introductory benefit when you spend ₹10,000 or more in a single day within the first 30 days of card issuance.
Milestone Benefit
No separate annual milestone bonus, but monthly cashback rates increase with your overall spend.
Reward Structure
Cashback Rates:
0.25% cashback on spends between ₹10,001 and ₹30,000 per month
0.50% cashback on spends between ₹30,001 and ₹5,00,000 per month
1% cashback on spends above ₹5,00,000 per month
Maximum Cashback: ₹10,000 per statement cycle.
Cashback is auto-credited to the cardholder’s account at the end of each cycle; no points system, no redemption process hassles.
** Slab Calculation will be done Incremental Value only
Lounge Access
No complimentary lounge access is provided.
Surcharge Waivers
Fuel & Railway Surcharges: Not applicable to this card, which is exclusively for Metro Wholesale purchases.
No foreign currency markup; card is valid for domestic Metro spends only.
Fees and Charges
| Fee Type | Amount / Remarks |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil (Lifetime free) |
| Add-on Card Fee | Not available |
| Interest Charges | 3.5% per month (42% per annum) |
| Cash Advance Fee | ₹300 per ₹10,000 withdrawn |
| Overlimit Charge | ₹500 |
| Late Payment Charges | ₹100–₹700 (slab-based) |
| Duplicate Statement | Waived |
| Cash Payment Fee | ₹100 |
| Cheque Bounce | ₹500 |
| Foreign Currency Mark-up | NA |
Struggling to keep up with mounting credit card bills?
Card Essential
| Type | cashback |
| Welcome Benefits | ₹500 cashback (first 30 days, see above)*. |
| Annual Fee | nill |
| Reward Structure | tiered cashback |
| Renewal Benefit | N/A |
Rewards and Benefits Analysis
This card is engineered for bulk buyers at Metro Cash and Carry. Its tiered cashback structure lets you maximize returns as your business grows, and the lack of joining/annual fees lowers total cost of ownership. No reward points, lounge perks, or travel benefits—but serious cost savings for Metro shopping make it an excellent business tool in India’s retail and wholesale sectors.
Practical Considerations
Best for:
Kirana stores, restaurants, traders, MSMEs, HoReCa, self-employed professionals.
Businesses sourcing inventory regularly at Metro Cash and Carry.
Cardholders who want savings, easy accounting, and instant cashback.
Redemption Options
Cashback is credited automatically; no redemption process.
Ideal User Profile
Metro Wholesale members aged 18–65
Self-employed, partners, or firm proprietors
Businesses with Metro membership, needing direct savings on bulk purchases
Final Thoughts
The METRO Kotak Credit Card is a business-grade tool for India’s vibrant retail and SME market. Lifetime free, with instant cashback and minimal charges, it removes barriers for cashflow management and delivers cost savings that directly impact your bottom line. If your sourcing runs through Metro, it’s an obvious pick.
Additional Tips for Applicants
Max out cashback by timing big inventory purchases in monthly cycles.
Track statement cycle cut-off dates for optimizing spend.
Monitor automatic cashback credits—no manual redemption needed.
Keep all Metro membership and business documents updated for seamless application.
This review provides a comprehensive, practical analysis to help businesses and entrepreneurs evaluate whether the METRO Kotak Credit Card fits their
operational needs and spend management goals.
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