Corporate Gold Credit Card

Joining Fee

Free

Annual Fee

Rs. 1000 + Taxes

Business
Rewards
Fuel
Best For: Corporates managing employee expenses, Businesses seeking consolidated expense reporting, Companies wanting control over employee spending

Corporate Gold Credit Card

Rewards Structure

Base Reward Rate

% on spends

Point Value

1 Point = ₹0.25

Pros

  • Consolidated billing with single payment for all employee cards
  • Fuel surcharge waiver up to Rs. 3500 annually
  • Up to 48 days interest-free credit period
  • Real-time SMS and email alerts at no extra cost
  • Free card replacement
  • Vendor-wise employee spend tracking
  • International acceptance at 10 million merchants
  • Dedicated service manager for corporate members

Cons

  • Cash withdrawal feature not available
  • Card is specifically meant for official/corporate expenses

Hidden Catches (Transparency Policy)

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

Personal spends on corporate card must be settled between employee and employer

Card policy on personal use depends on individual corporate policy

Key Benefits & Features

Up to 48 days interest free credit period on purchases

Consolidated monthly statement and single payment for all employee cards

Reward points redeemable every quarter; cash rebate via demand draft

Real-time SMS and email alerts on all transactions at no charge

Free card replacement in case of damage, loss or theft

Dedicated service manager and program administrator for corporate card members

Vendor-wise expense tracking and statistical data for employee spend analysis

Accepted at 10 million merchants globally; international credit card

No cash withdrawal feature active on the card

Eligibility Criteria

Occupation

SALARIED

Notable Exclusions

Cash withdrawal is not permitted on this card

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

About Corporate Gold Credit Card

The Kotak Corporate Gold Credit Card is specifically designed to help corporates streamline and manage employee expenses with greater efficiency. By providing a consolidated monthly statement and a single unified payment for all employee cards, the card eliminates the need for individual payments, reducing administrative burden and giving companies stronger control over spending patterns. The card offers higher reward point earnings that can be redeemed every quarter, with cash rebates provided through demand drafts. Employees benefit from up to 48 days of interest-free credit, eliminating the need for cash advances and removing the hassle of maintaining vouchers or travel records. A fuel surcharge waiver is available across all petrol pumps in India, with a maximum waiver of Rs. 3,500 per calendar year. From an organizational standpoint, the card delivers powerful expense management tools, including vendor-wise tracking, employee-level spending analysis, and statistical data for budgeting. Companies can assign individualized spending limits based on hierarchy or designation. The card is accepted at over 10 million merchants globally and comes with real-time SMS and email alerts, free card replacement, a dedicated service manager, and a program administrator to handle all corporate queries efficiently, making it a comprehensive solution for corporate expense management.

Expert Review

Our Verdict

Corporate card for expense management with reward points, fuel waiver & consolidated billing for businesses.

Frequently Asked QuestionsAbout Corporate Gold Credit Card

BENEFITSWhat is the Kotak Corporate Gold Credit Card?
The Kotak Corporate Gold Credit Card is specifically designed for corporates to help them manage their business expenses more efficiently. It provides a consolidated monthly statement for all employee cards under one company, allowing the employer to make a single consolidated payment for all employee expenditures. It also offers features like reward points, fuel surcharge waivers, international acceptance, and detailed expense tracking tools to help companies monitor and control employee spending.
APPLICATIONHow can I apply for the Kotak Corporate Gold Credit Card?
To apply for the Kotak Corporate Gold Credit Card, you can write to service.corporatecards@kotak.com with the following details: the name of your entity, the name of the contact person, contact details, and the number of cards required. A Kotak Sales Representative will then get back to you with further assistance and guide you through the application process.
USAGECan I use the Corporate Gold Credit Card for personal expenses?
The Kotak Corporate Gold Credit Card is specifically meant for official/corporate purposes. However, personal expenses can be made on the card depending on the policy of the corporate that has availed the Corporate Card Option. It is important to note that the consolidated bill will include any personal spends made on the card, and the expenses for personal transactions will need to be settled directly between the employee and the company.
USAGEIs the cash withdrawal feature available on the Kotak Corporate Gold Credit Card?
No, the cash withdrawal feature is not active on the Kotak Corporate Gold Credit Card. The card is designed exclusively for corporate and business-related purchase transactions. Employees are encouraged to use the card for official spends such as exhibitions, conferences, business meetings, sales meets, and other corporate expenditures instead of relying on cash advances.
OTHERWhat is a credit card balance transfer?
Credit card balance transfer is the process of transferring an owed balance from one credit card account to another. Upon carrying out this process, the debt is owed to the new card issuer as opposed to the original card issuer. This can be a useful financial tool for managing outstanding dues more effectively, often at a lower interest rate offered by the new card issuer.
BENEFITSWhat fuel benefits does the Kotak Corporate Gold Credit Card offer?
The Kotak Corporate Gold Credit Card offers a fuel surcharge waiver across all petrol pumps in India. The waiver is applicable on transactions between Rs. 500 and Rs. 3,000. The maximum fuel surcharge waiver is capped at Rs. 3,500 in a calendar year. This benefit helps corporates reduce travel and fuel costs for employees who frequently use vehicles for business purposes.
BENEFITSHow does the interest-free credit period work on this card?
The Kotak Corporate Gold Credit Card offers up to 48 days of interest-free credit period, functioning similar to an overdraft facility on credit cards. This means corporates can utilize funds for business expenses without incurring interest charges, provided the total outstanding amount is cleared within the interest-free period. This feature helps businesses manage cash flow effectively without additional financial burden.
REWARDSHow can reward points be redeemed on the Kotak Corporate Gold Credit Card?
Reward points earned on the Kotak Corporate Gold Credit Card can be redeemed every quarter by calling the customer service desk. Upon redemption, a cash rebate will be provided through a demand draft. This makes it easy for corporates to benefit from accumulated reward points and convert them into tangible financial savings for the company.
INTERNATIONALDoes the Kotak Corporate Gold Credit Card have international acceptance?
Yes, the Kotak Corporate Gold Credit Card is internationally accepted at over 10 million merchants across the globe. This makes it a convenient payment option for employees traveling abroad for business purposes. The card offers digital currency convenience for consumers, businesses, banks, and governments, eliminating the need to carry foreign cash or maintain separate forex arrangements for international business travel.
BENEFITSHow does the Corporate Gold Card help in managing employee expenses?
The Kotak Corporate Gold Credit Card provides comprehensive expense management tools. It offers vendor-wise tracking of spends made by employees, allowing companies to monitor spending patterns in detail. Statistical data is provided for analysis, enabling businesses to see how much each employee has spent and where. Budget planning is made easier with consolidated data, and monthly email statements are sent to help the company review and manage overall corporate expenditure efficiently.
BENEFITSWhat are the transaction alert features on the Kotak Corporate Gold Credit Card?
The Kotak Corporate Gold Credit Card provides real-time SMS and email alerts on all transactions at no extra cost. These alerts help both the employer and employees stay informed about every transaction made on the card, ensuring transparency and security. The free alert feature adds a layer of safety, making it easy to detect any unauthorized or suspicious transactions immediately.
OTHERWhat happens if an employee's Corporate Gold Card is lost, stolen, or damaged?
In case an employee's Kotak Corporate Gold Credit Card is lost, stolen, or damaged, the card can be replaced by simply calling the customer service desk. There is no extra charge for replacing the card — free replacement is available at any time. For quick assistance, employees can also contact the Program Administrator or the Dedicated Service Manager assigned to the corporate account.
OTHERWhat is the role of the Program Administrator for the Corporate Gold Credit Card?
The Program Administrator acts as the intermediary between Kotak Bank and the corporate company. Any queries related to payment due dates, total outstanding dues, damaged cards, or lost/stolen cards can be directed through this single point of contact. This simplifies communication and ensures that corporate clients receive quick and efficient resolution for all card-related issues without needing to contact the bank directly each time.
FEESWhat are the joining and annual fees for the Kotak Corporate Gold Credit Card?
The Kotak Corporate Gold Credit Card does not have a standard publicly listed joining fee or annual fee. As this is a corporate card program tailored for businesses, the fee structure may be customized based on the corporate agreement with Kotak Mahindra Bank. It is recommended to write to service.corporatecards@kotak.com or speak with a Kotak Sales Representative to get detailed information about applicable fees for your organization.
BENEFITSHow is the credit limit assigned for the Kotak Corporate Gold Credit Card?
Under the Kotak Corporate Gold Credit Card program, one overall company limit is assigned to the corporate entity. Within this limit, the company has the flexibility to decide individual spending limits for each employee. The limits can vary based on hierarchy, designation, or as per the employee's requirements. This gives the company complete control over employee spending while ensuring all transactions remain within the approved corporate budget.

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