Kotak Biz Edge Credit Card

Crafted for today’s trailblazers

Exciting Reward Points

Earn 5X reward points on business essential spends, flights & hotels bookings

Business partnerships

Earn 5X reward points on SAAS related spends through our partnership with *Nuclei platform

Extended interest-free period

Manage your cash flow efficiently with the extended 55 days of interest free period

Annual fee waiver

Spend ₹ 2 Lakh in an anniversary year & get your annual fee waived off

*Click here to explore offers on business software

Fees and Charges

Fee & other Parameters	Kotak Biz Edge Credit card
Joining Fees	₹ 999 /-
Annual Fees	₹ 999 /-
Joining Fees Reversal	NA
Annual Fees Reversal	Waived off on spend of ₹ 2 lakh within 12 month
Interest Rate	3.75% per month (45% per year)
Interest free period	55 days
Forex Mark-up	3.50% on international transactions
Add On Card Fees	NA
Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)	MAD is 5% of all transactions & 100% of EMI, Finance Charges, Fees/Charges & Tax
ATM Cash Withdrawal/ Cash Advance	Not Allowed
Late Payment Charges ("LPC")	Due as per last statement	LPC Charges
	<₹100	0.0
	₹ 100 – ₹500	₹ 100
	₹ 501 – ₹5,000	₹ 500
	₹ 5,001 – ₹10,000	₹ 600
	₹ 10,001-₹25,000	₹ 800
	₹25,001-₹50,000	₹1,000
	>₹50,000	₹1,200
Over Limit Charges	Not Allowed
Cheque Bounce Charges	Max of (2% of bounce amount and ₹500)
Auto debit return/Standard Instruction failure fee	Min- 450, Max- 2% of bounce amount capped at 5000
Fuel Surcharge Waiver	NA
Railway Surcharge Waiver	Not Applicable. Railway Surcharge will be levied as per standard applicable rate
Reissue/ Replacement Card (per card)	Waived off

Note:

1.Goods and Service tax (GST) @ 18% as applicable will be charged on all interest & fees and other charges levied on your Credit Card. The GST rate is subject to change from time to time.

2.Any revision in schedule of charges and product features will be communicated to customers in line with regulatory guidelines.

“Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card Terms and Conditions. Please read the Credit Card terms and conditions carefully provided on the bank website www.kotak.bank.in”

Kotak BizEdge Credit Card