SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for online and entry level.
Why it can work
It combines accelerated rewards on online spends and milestone rewards.
Where value may drop
The renewal fee is waived only on Rs 50,000 of annual spend. Fuel, rent, and insurance don't earn rewards. Monthly reward caps apply on the top categories.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many Kotak Reward Points you earn and what they are worth.
Milestone rewards
Milestone value is estimated and only counts once you reach each spend threshold.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Kotak Reward Points/yr |
|---|---|---|
| Online shopping | Rs 15,000 | 3,600 |
| Utility bills | Rs 3,000 | 360 |
| Other spends | Rs 8,000 | 960 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Best for / avoid if
Who this card suits — and who should skip it.
Best for Online Spends
2 Reward Points / ₹100 spent online
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on fuel, rent, and insurance
These categories are excluded and won't earn rewards.
Avoid if you expect uncapped rewards
Top reward categories are capped each month, so very high spends don't scale linearly.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate | Monthly cap |
|---|---|---|
| Online spends | 2 Reward Points / ₹100 spent online | - |
| Utility spends | 1 Reward Point / ₹100 spent on utilities | 350 Kotak Reward Points |
| Other eligible offline spends | 1 Reward Point / ₹100 spent offline | - |
Redemption
| Voucher partner | Programme / collection | Ratio |
|---|---|---|
| Brand e-Vouchers | Brand e-vouchers via Kotak Rewards | 1 point = Rs 0.10 |
| Travel bookings | Flight & hotel bookings via Kotak Rewards | 1 point = Rs 0.10 |
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
Exclusions
Categories that earn no rewards on this card.
- Education spends
- E-wallet loading transactions
- Fuel spends
- Rent payments
- Government spends
- Insurance spends
- Online skill-based gaming transactions
- EMI transactions
- Cash advance / withdrawals
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- 500 bonus Reward Points (worth Rs 50) on spending Rs 3,000 within the first 30 days of card setup
Additional benefits
- 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000 (max ₹3,500 per calendar year)
- Railway surcharge waiver (max ₹500 per calendar year)
Additional details
- Reward Points can be redeemed for brand e-vouchers or travel bookings via the Kotak Rewards portal at a rate of 1 Reward Point = ₹0.10.
- Reward Points can also be redeemed as statement credit (cashback) at a rate of 1 Reward Point = ₹0.07.
- A minimum of 2,00,000 Reward Points is not required; a minimum of 2,000 Reward Points is required for statement credit (cashback) redemptions, and a minimum of 300 Reward Points is required for vouchers.
Eligibility
Check this before you apply.
Salaried
- Age: 18 to 65 years
- Resident of India
Self-employed
- Age: 18 to 65 years
- Resident of India
Compare before you decide
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