Kotak Cashback+ cashback rate, cap and annual fee
Kotak Cashback+ pays 5% on online and delivery — on the first INR 15,000 you spend on it each month, which is where the INR 750 cap stops it. The card costs INR 750 a year.
Kotak Mahindra Bank · India · catalogue v101
Read from Kotak Mahindra Bank's own published terms on 20 Sep 2026.
INR 750Annual fee
5%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| online and delivery | 5.00% | INR 750reached at INR 15,000 of spendFood delivery, groceries, movie tickets and OTT subscriptions bought online. ₹750 a cycle, and that ceiling is one figure across this and fuel togethe |
| fuel | 3.00% | INR 750reached at INR 25,000 of spendEvery fuel station in India, inside the same ₹750 a cycle. The 1% surcharge waiver is separate and runs to ₹3,500 a year. |
| groceries | 0.50% | —Groceries bought in a shop earn the base rate. Only the online ones earn 5%. |
| dining | 0.50% | —Eating out earns the base rate. Only delivery ordered online earns 5%. |
| entertainment | 0.50% | —Tickets bought at the counter earn the base rate. Only online ones earn 5%. |
| everything else | 0.50% | —Everything else eligible, with no ceiling of its own. |
| rent and property | None | —Rent earns no cashback. |
| government | None | —Utilities and government payments earn no cashback. |
| education | None | —Education earns no cashback. |
5% is real, online, and small. It applies to food delivery, groceries and entertainment bought online — the same shopping done in a shop earns the base 0.5% — and the accelerated categories together stop at ₹750 a statement cycle, which 5% reaches at ₹15,000 of spending. Past that Kotak says plainly that they earn nothing further rather than dropping to the base rate, so the ceiling is a cliff. Fuel is the unusual one: 3% at every fuel station, inside the same ₹750, plus a surcharge waiver worth up to ₹3,500 a year. Nothing at all on rent, utilities, insurance, education, government, wallet loads, online gaming, business-to-business payments or anything converted to EMI. ₹750 to join and ₹750 a year, waived above ₹2 lakh of retail spending, and the first year is currently free. 3.5% abroad. Sources: kotak.bank.in card page and the card's own Key Facts Statement, both checked 20 Sep 2026.
Questions people ask
What cashback does the Kotak Cashback+ pay?
5% on online and delivery, and 5 other rates. The top rate is capped at INR 750 a month.
Is there a cap on the Kotak Cashback+?
Yes. online and delivery is capped at INR 750 a month; fuel is capped at INR 750 a month.
What is the annual fee on the Kotak Cashback+?
INR 750 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. It works offline and never connects to a bank.
Download on the App Store