MyFinCards
Biz Credit Card

Joining Fee

₹299

Annual Fee

Rs. 499 + Taxes

Kotak Bank
Business
Rewards
Fuel
Travel
Best For: Self-employed professionals, Proprietors and partners of partnership firms, Business owners managing travel and marketing expenses

Biz Credit Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹2,500 /monthly

Pros

  • 4X reward points on travel, advertising, supermarkets, and hotels
  • Fuel surcharge waiver up to Rs.2,500 annually
  • Railway surcharge waiver
  • Complimentary airport lounge access on qualifying spends
  • Travel insurance cover
  • Low joining and annual fee
  • Up to 48 days interest-free period
  • Valid internationally

Cons

  • Lounge access conditional on Rs.75,000 spend in previous quarter
  • No reward points on wallet loading, fuel, rent, and online gaming
  • Cash redemption value being reduced from Rs.0.25 to Rs.0.20 per point from June 2025
  • Minimum Rs.2,000 reward points required for cash redemption

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Reward points not earned on wallet loading, fuel, rent, and online gaming

Cash value per reward point dropping to Rs.0.20 from 1st June 2025

Railway surcharge waiver capped at Rs.500 per calendar year

Fuel surcharge waiver capped at Rs.2,500 per calendar year

Key Benefits & Features

Railway surcharge waiver: 1.8% on IRCTC website and 2.5% at Indian Railways Booking Counters. Max Rs.500 per calendar year.

EMV Chip and 6-digit PIN for enhanced card security.

Eligibility Criteria

Occupation

SELF_EMPLOYED

Required Documents

IDENTITY Proof

PAN Card
Aadhaar Card

Notable Exclusions

No reward points on wallet loading, fuel, rent, and online gaming spends.

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

Official Terms & Conditions

About Biz Credit Card

The Kotak Biz Credit Card is a VISA Platinum card specifically designed for self-employed professionals, proprietors, and partners of partnership firms looking to manage their business expenses seamlessly. With a modest joining fee of Rs. 299 and an annual fee of Rs. 499, this card delivers meaningful value through a well-rounded set of features tailored to everyday business needs. At the heart of the card is an exciting rewards programme that earns 4 reward points for every Rs. 100 spent on key business categories, including travel and tour operators, domestic airlines, direct marketing and advertising services, supermarkets, and hotel lodging. All other spends earn 1 reward point per Rs. 100. Cardholders also benefit from complimentary domestic airport lounge access each calendar quarter upon meeting the required spend threshold, along with a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 5,000, and railway surcharge waivers on IRCTC transactions. Additional highlights include a comprehensive travel insurance programme covering card liability, flight delays, baggage loss, and connecting flight misses. Enhanced card security is ensured through an embedded EMV chip and 6-digit PIN authentication. Cardholders further enjoy an interest-free period of up to 48 days on retail transactions, making the Kotak Biz Credit Card a practical and rewarding financial tool for business owners on the move.

Expert Review

Our Verdict

Business credit card with 4X rewards on travel & marketing, lounge access, and fuel surcharge waiver.

Frequently Asked QuestionsAbout Biz Credit Card

ELIGIBILITYWho is the Kotak Biz Credit Card designed for?
The Kotak Biz Credit Card has been specifically designed for the Self Employed, Proprietors, and Partners of Partnership firms. Its features and benefits have been tailored to help manage business expenses seamlessly, making it an ideal card for small business owners and entrepreneurs who want to earn rewards on their everyday business spending.
OTHERWhat type of card is the Kotak Biz Credit Card?
The Kotak Biz Credit Card is a VISA Platinum card. It is valid internationally, meaning you can use it for business transactions both within India and abroad. The card also comes with enhanced security features including an embedded EMV Chip and 6-digit PIN authentication for added protection on all your transactions.
INTERNATIONALIs the Kotak Biz Credit Card valid for international use?
Yes, the Kotak Biz Credit Card is valid internationally. You can use it for business transactions across the globe wherever VISA is accepted. This makes it convenient for business owners who travel abroad or make international purchases. Please note that specific forex markup charges may apply — refer to the Most Important Terms & Conditions (MITC) for full details.
FEESWhat are the joining and annual fees for the Kotak Biz Credit Card?
The Kotak Biz Credit Card comes with a Joining Fee of ₹299 and an Annual Fee of ₹499. These are among the lowest fees available for a business credit card, making it an affordable option for small business owners and entrepreneurs looking for a cost-effective card with strong rewards and benefits. For all other applicable charges, please refer to the MITC.
REWARDSHow do I earn reward points on the Kotak Biz Credit Card?
You earn 4 reward points for every ₹100 spent on Travel and Tour Operators & Domestic Airlines, Direct Marketing/Advertising services, Supermarkets, and Lodging (Hotels, Motels, Resorts). For all other eligible spends, you earn 1 reward point per ₹100. Note that reward points are not applicable on wallet loading, fuel, rent, and online-based gaming transactions.
REWARDSWhat is the cash redemption value of reward points?
Currently, 1 reward point equals ₹0.25 for cash redemption. However, effective 1st June 2025, the cash redemption value will be revised from ₹0.25 to ₹0.20 per reward point. For redemption against categories like Mobile Recharge, Shopping, etc., 1 reward point continues to equal ₹0.25. A minimum of ₹2,000 worth of reward points is required for cash value redemption.
BENEFITSHow does the airport lounge access benefit work?
Kotak Biz Credit Card holders get complimentary access to select domestic airport lounges per calendar quarter. To be eligible for this benefit, you must have spent ₹75,000 or more in the previous calendar quarter. This means lounge access is conditional on qualifying spends and is not automatically available to all cardholders. Visit the Kotak Bank website to explore the list of participating lounges.
BENEFITSWhat fuel and railway surcharge waivers are available on the Kotak Biz Credit Card?
For fuel transactions between ₹500 and ₹5,000, a 1% fuel surcharge waiver applies, with a maximum waiver of ₹2,500 per calendar year. For railway bookings, a 1.8% surcharge waiver applies on transactions through www.irctc.co.in, and a 2.5% waiver applies at Indian Railways Booking Counters. The maximum railway surcharge waiver allowed in a calendar year is ₹500.
BENEFITSWhat travel insurance coverage does the Kotak Biz Credit Card offer?
The card includes a travel insurance programme with the following covers: Card Liability Cover (₹50,000), Flight Delay of more than 6 hours (₹10,000), Carrier Cancellation (₹10,000), Loss of Checked-in Baggage (₹10,000), Delay of Checked-in Baggage (₹10,000), Valuable Documents Cover (₹10,000), and Missing Connecting International Flight During Transit (₹10,000). Claim documents must be submitted within 60 days of intimation.
USAGEDo I get an interest-free period on retail transactions?
Yes, the Kotak Biz Credit Card offers an interest-free period of up to 48 days on retail transactions. This allows you to manage your business cash flow more effectively by giving you nearly seven weeks to pay your outstanding balance without incurring any interest charges, provided you pay the full outstanding amount by the due date on your statement.
OTHERWhat should I do if my Kotak Biz Credit Card is lost or stolen?
If your Kotak Biz Credit Card is lost, stolen, or if you notice any suspicious transaction, you should immediately call the Customer Contact Centre at 1800 266 4545 (local call rates apply) or write to care@kotak.com to get your credit card deactivated or blocked and prevent misuse. You should also register a claim with the Insurance Company. Claim documents must be submitted within 60 days from the date of intimation.
BENEFITSWhat security features does the Kotak Biz Credit Card have?
The Kotak Biz Credit Card comes with enhanced security features to protect your transactions. It includes an embedded EMV Chip, which provides an additional layer of security for card-present transactions. It also uses 6-digit PIN authentication for higher security. These features help safeguard your card against fraud, counterfeiting, and unauthorized use, ensuring your business expenses remain protected.
REWARDSOn which spending categories are reward points not applicable?
Reward points are not earned on the following transaction categories: wallet loading, fuel purchases, rent payments, and online-based gaming transactions. It is important to keep this in mind when planning your spending to maximize reward point accumulation. For a complete list of eligible and ineligible categories along with any capping details, refer to the Most Important Terms & Conditions (MITC) on the Kotak Bank website.
APPLICATIONHow can I apply for the Kotak Biz Credit Card?
You can apply for the Kotak Biz Credit Card through the Kotak Mahindra Bank website, by visiting your nearest Kotak Bank branch, or through the Kotak Mobile Banking App. As this card is designed for self-employed individuals, proprietors, and partners of partnership firms, you will likely need to provide business-related documents along with KYC documents. Contact Kotak Bank at 1800 4100 (toll-free) for more details on the application process.
OTHERWhy should I choose a Kotak Credit Card for my business?
Kotak Credit Cards are built on three key principles: Simplicity — they are easy to understand and use with no hassle; Transparency — all charges and benefits are communicated upfront with no hidden fees; and Relevance — the card is designed specifically with business owners in mind, offering benefits like 4X reward points on business-relevant categories, fuel surcharge waiver, lounge access, and travel insurance, all at a low joining and annual fee.

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