The Bottom Line
A Credit Card for Small Businesses
1% reward on Flights & Travel Bookings, Direct Marketing & Best Price Online, 0.25% rewards on all other spends.
Monthly Spend |
₹5K |
₹10K |
₹20K |
₹50K |
₹100K |
Net Reward Yield |
(-0.4%)^ |
0.0% |
0.2% |
0.3% |
0.4% |
Est. Monthly Reward (₹) |
(25) |
– |
40 |
155 |
365 |
All-India Rewards Rank* |
187 |
227 |
261 |
309 |
303 |
Within Bank Rank* |
8 |
11 |
12 |
14 |
15 |
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^ The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee of ₹10,000. This does not account for the gifts received on payment of fees. |
The Kotak Biz Credit Card is targeted at businesses. It offers 1% rewards on flight & travel bookings, direct marketing services and Best Price Online Wholesale Market Shopping. All other spending earns 0.25%.
The net rewards yield of this card is only 0.2-0.3%. We recommend the 811 #DreamDifferent Credit Card with a net reward yield of 0.4-1.0% for monthly spends up to ₹10,000.
If you are spending between ₹10,000-20,000, consider the Kotak Indigo Ka-ching 6E Reward Credit Card which has a net reward yield of 0.7-1.1%. And for ₹20,000+ choose the Kotak IndiGo Ka-ching 6E Rewards XL, which has a net reward yield of 2.3%.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
The Rewards
Card |
Kotak Biz Credit Card |
Card Type |
Rewards |
Rewards Features |
– 1% rewards on flights & travel bookings, direct marketing services & Best Price Online Wholesale Market.
– 0.25% on everything else. |
Milestone Rewards |
N/A |
Other Rewards |
1 Complimentary Airport Lounge Visits / Qtr |
Rewards Redemption Fee |
₹99 |
Rewards Caps |
Unlimited |
Preferred Redemption Method |
Redeem points on Kotak Rewards Portal |
Fees & Charges
Card |
Kotak Biz Credit Card |
Joining Fee |
₹499 + Taxes |
Annual Fee |
₹499 + Taxes |
Min. Annual Credit Card Spend
for Fee Waiver |
Nil |
Income Criteria |
Salaried |
N/A |
Self-employed |
4.8 Lacs |
Supplementary Card Fee |
N/A |
Interest Rate |
42.00% p.a. |
Foreign Currency Markup |
3.50% |
Cash Advance Charge |
N/A |
Card Association |
Visa |