FAQs

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

Seamless UPI payments

Link your RuPay Credit Card to your preferred UPI app & pay on the go

*Click here to explore SAAS offers on Nuclei (only applicable to BizEdge VISA variant)

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 refer MITC to view details of Kotak BizEdge Credit card fees and charges

Frequently Asked Questions

Who can become a BizEdge Credit Card customer?

One can qualify for Kotak BizEdge Credit card, if they have a relationship value of more than 10 Lakh with the bank.

What’s the redemption value of reward points?

1 reward point = ₹0.25

Are there any categories where do we not earn reward points?

Reward points are not accrued on EMI transactions, and other select categories including rent, wallets, and education

Do I earn reward points on foreign transactions?

Yes, you can earn reward points on international transactions

Is there a cap on reward points?

Accelerated reward points on flights/hotels spends via Kotak Unbox platform & SAAS spends via Nuclei Platform are capped at 1,00,000 reward points
Business essential spends are capped at 2500 reward points per statement cycle

What is the validity period for the reward points?

Reward points are valid for 36 months, starting from the date they are earned

How do I redeem my points through Kotak Unbox?

Simply log in to the Kotak Unbox platform through your mobile banking app. You can redeem the points on flights and hotels (Gifts vouchers will be live soon)

How do I redeem my points through Kotak Unbox?

1.Log in to your mobile banking application.

2.Select the BizEdge RuPay card

3.Click on the star(*) at the top right section of the screen

4.Click on Earn Accelerated reward point & redeem on Kotak UnBox

5.Book Flights, Hotels or Vouchers as required.

What are the top brands available on Nuclei?

Enjoy offers on leading software brands such as Google Workspace, Tally, Microsoft Office, AWS, Microsoft Azure, Canva, Jira, Hubspot, and more
To explore these offers, visit: https://kotakbank.gonuclei.com /

What are the differences between the Kotak BizEdge Visa and RuPay variants?

While the overall benefits, fees, and charges remain the same across both variants, the following differences apply:

Accelerated reward points on SaaS payments are not available on the RuPay variant.
UPI on Credit Card functionality is exclusively available on the RuPay variant.

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Kotak BizEdge Credit Card

Crafted for today’s trailblazers

Exciting Reward Points

Business partnerships

Extended interest-free period

Annual fee waiver

Seamless UPI payments

Empower your ambitions—earn faster, go further with Kotak BizEdge’s accelerated rewards

Make the most of your Kotak BizEdge Credit Card

Fees and Charges

Frequently Asked Questions

Who can become a BizEdge Credit Card customer?

What’s the redemption value of reward points?

Are there any categories where do we not earn reward points?

Do I earn reward points on foreign transactions?

Is there a cap on reward points?

What is the validity period for the reward points?

How do I redeem my points through Kotak Unbox?

How do I redeem my points through Kotak Unbox?

What are the top brands available on Nuclei?

What are the differences between the Kotak BizEdge Visa and RuPay variants?