Straightforward Monthly Statement Cashback on Online Shopping
Everyday consumers and online shoppers wanting no-nonsense statement credit cashback without points tracking.
₹499
One-time upfront₹499
Waived on ₹50,000 annual spend5% cashback on top merchants, 0.5% on other retail
On eligible spends3.50% + GST
Cross-currency spendsLast verified 2 Oct 2026
Objective editorial assessment, ideal spender profile, and primary trade-offs
The Kotak Cashback+ Credit Card is designed for shoppers who are fatigued by complex reward point structures, catalog devaluations, and obscure air mile conversion ratios. With an annual fee of ₹499 plus GST, it focuses strictly on direct statement cashback. Cardholders earn up to 5% cashback on online shopping across partnered e-commerce merchants and digital service providers, alongside a flat 1% cashback on other eligible retail transactions. Cashback is calculated automatically and credited directly against the card statement balance each billing cycle, requiring zero manual redemption actions. While direct statement credits are a massive convenience, the card imposes a monthly cap on accelerated 5% cashback (typically ₹500 per month). It also offers no airport lounge visits, golf access, or travel insurance covers, reflecting its positioning as an urban retail spending utility. With a modest annual fee waiver threshold of just ₹50,000 spend per year, the Kotak Cashback+ card is an effortless, low-friction earning tool for daily grocery, electronics, and fashion purchases.
5% Cashback on Online Food, Grocery, and Entertainment. 3% Cashback for Fuel and Unlimited 0.5% Cashback for Other Categories
N/A
Base earning rates, partner merchant acceleration, redemption options, and exclusions
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| Top Online Merchants (Amazon, Flipkart, Swiggy, Zomato, BigBasket) | 5% cashback on leading online brands (capped at Rs 750 per statement cycle) | 750 INR (₹) / statement cycle | Standard terms apply |
| All Other Retail Spends | 0.5% cashback on all other eligible retail transactions | No Cap | Standard terms apply |
Calculate estimated net cashback and points across your actual spending pattern.
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| Top Online Merchants (Amazon, Flipkart, Swiggy, Zomato, BigBasket) | ₹12,000 | 5% cashback on leading online brands (capped at Rs 750 per statement cycle) | — | ₹750/statement_cycle | Calculating... | Under cap |
| All Other Retail Spends | ₹18,000 | 0.5% cashback on all other eligible retail transactions | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
₹3.6 lakh
12 billing cycles₹0
0% blended return-₹499
Standard renewal+₹0 / yr
Rewards - FeeBonus vouchers and annual fee waiver milestones unlocked as your total spend increases
Spend Rs 50,000 in a year to waive the Rs 499 annual renewal fee.
*Milestone spend calculation is tracked across eligible retail purchases within each specified billing or calendar period. Excludes cash advances, wallet loads, and EMI conversions.
Domestic and international lounge privileges, spend hurdles, and participating terminals
This card is tailored primarily for shopping rewards, cashback, or specific co-branded spend and does not include complimentary airport lounge visits.
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
• Joining Fee: ₹499 + GST; Annual Renewal Fee: ₹499 + GST. • Fee Waiver: Spend ₹50,000 or more in the preceding 12 months to waive the ₹499 renewal fee. • Cashback Rate: Up to 5% cashback on partnered online merchant categories; 1% flat cashback on other eligible retail spends. • Monthly Cap: Accelerated cashback capped at ₹500 per statement billing cycle. • Credit Method: Cashback is automatically credited directly to the next month's credit card statement. • Exclusions: Fuel, rent payments, wallet reloads, and government fees do not accrue cashback.
Evaluate whether this card's perks and waiver threshold justify its ₹499 renewal fee.
Income criteria, minimum age, CIBIL score benchmark, and verification checklist
Eligibility criteria not specified
Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.
Common questions regarding Kotak Cashback+ Credit Card application, fees, reward redemption, and eligibility
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Direct online application on the official Kotak Mahindra Bank portal with paperless verification.
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