SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for fuel, grocery, and dining.
Why it can work
It offers accelerated rewards on indianoil fuel spends.
Where value may drop
The renewal fee is waived only on Rs 50,000 of annual spend. Rent, insurance, and wallet loads 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.
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 |
|---|---|---|
| Dining & food delivery | Rs 4,000 | 3,840 |
| Fuelexcluded | Rs 3,000 | — |
| Groceries | Rs 5,000 | 4,800 |
| UPI payments | Rs 5,000 | 1,200 |
| Other spends | Rs 8,000 | 1,920 |
Categories marked excluded earn no rewards on this card.
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 IndianOil Fuel Spends
24 Reward Points / ₹150 spent on IndianOil fuel spends
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on rent, insurance, and wallet loads
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 |
|---|---|---|
| IndianOil fuel spends | 24 Reward Points / ₹150 spent on IndianOil fuel spends | 1,200 Kotak Reward Points |
| Grocery and dining spends | 12 Reward Points / ₹150 spent on grocery and dining | 800 Kotak Reward Points |
| UPI and other eligible retail spends | 3 Reward Points / ₹150 spent | - |
Redemption
| Voucher partner | Programme / collection | Ratio |
|---|---|---|
| Brand e-Vouchers | Shopping & gift vouchers via Kotak Rewards | 1 point = Rs 0.25 |
| Travel bookings | Flight & hotel bookings via Kotak Rewards | 1 point = Rs 0.25 |
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
Exclusions
Categories that earn no rewards on this card.
- Fuel spends at non-IndianOil outlets
- Rent payments
- E-wallet loading transactions
- EMI transactions
- Education spends
- Government spends
- Insurance spends
- Online skill-based gaming transactions
- Cash advance / withdrawal
- Balance transfer
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- 1,000 Reward Points (worth Rs 250) on spending ₹500 or above within 30 days of card issuance
Additional benefits
- 1% fuel surcharge waiver on transactions between ₹100 to ₹5,000 (max ₹100 per statement cycle) at IndianOil outlets
- Concierge and assistance services (RuPay variant only)
Additional details
- Points can be redeemed via the Kotak Rewards portal (kotakrewards.com) at a value of ₹0.25 per point for vouchers and travel bookings.
- Points can also be redeemed as statement credit at a value of ₹0.20 per point, with a minimum threshold of 2,000 points.
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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