Best Credit Card for Fuel

All Benefits

  • Up to 5% cashback on online food delivery, online grocery and online entertainment
  • 3% cashback on fuel spends across fuel stations
  • 0.5% unlimited cashback on every other eligible spend
  • RuPay variant additionally earns 0.5% on UPI on CC spends

Fees

Joining Fee Not Applicable
₹885
₹750 + GST
Annual Fee The annual fee is waived if you spend ₹2 lakh or more in a year on your card, as per bank policy.
₹885
₹750 + GST

Eligibility

Age
21-60 years
Salary
₹25K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency Examples (3.5%): ₹100 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.5%
Finance Charges (APR) Finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid
3.75%
ATM Withdrawal Cash advance / ATM withdrawal facility is not available on the Kotak Cashback+ Credit Card
Not Applicable
Reward Redemption No fee is charged when redeeming reward points on this card
Not Applicable
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets
1%
Rent Payment A surcharge fee of 1% applies on rental transactions made using the credit card
1%
Cheque Payment A fee of 2% of the payment amount (minimum ₹500) is levied for cheque return, cheque dishonour, or auto-debit reversal
2%
Cash Payment A fee of ₹100 is charged for cash payments made at Kotak branches
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹100₹0
₹101 - ₹500₹100
₹501 - ₹1000₹500
₹1001 - ₹5000₹600
₹5001 - ₹10000₹750
₹10001 - ₹25000₹900
₹25001 - ₹50000₹1100
Above ₹50000₹1300

Additional ₹100 is charged if Minimum Amount Due remains unpaid for two consecutive cycles, continuing until cleared

Reward Exclusions

RentB2B transactionsUtilitiesInsuranceEducationGovernment spendsWalletOnline skill-based gamingEMI

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
  • A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards

Full charges and terms: Bank MITC / Terms