Corporate Platinum Credit Card

Joining Fee

Free

Annual Fee

Rs. 0 + Taxes

0
Business
Rewards
Travel
Best For: Corporate employees and businesses managing employee expenses, Frequent business travelers, Companies seeking expense management and spend control tools

Corporate Platinum Credit Card

Rewards Structure

Base Reward Rate

0% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹5,000 /monthly

Points Validity

24 Months

Pros

  • High reward points on every transaction
  • 2 complimentary airport lounge accesses per quarter
  • Fuel surcharge waiver up to Rs. 3500 per year
  • Railway surcharge waiver on IRCTC transactions
  • Up to 48 days interest-free credit period
  • Free SMS and email transaction alerts
  • Free card replacement
  • Dedicated Service Manager
  • Comprehensive expense management and employee spend tracking
  • Accepted by over 10 million merchants globally
  • Consolidated billing for all employee cards

Cons

  • Fuel and railway surcharge waivers applicable only on Paid Annual Fee Variant
  • Cash withdrawal feature is not active on the card
  • Card is specifically meant for official/corporate use
  • Reward redemption only via customer service desk call

Hidden Catches (Transparency Policy)

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

Fuel surcharge waiver restricted to transactions between Rs. 500 and Rs. 3000

Fuel and railway surcharge waivers only available on Paid Annual Fee Variant

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

Key Benefits & Features

Railway surcharge waiver on IRCTC website and Indian Railways Booking Counters. Max waiver Rs. 500 per calendar year. Applicable on Paid Annual Fee Variant only.

Up to 48 days interest-free credit period on fund utilization.

Free SMS and email alerts on all transactions.

Free card replacement in case of damage, loss or theft.

Expense management with vendor-wise tracking, employee spend analysis, and statistical data for budgeting.

Reward points redeemable every quarter via customer service desk; cash rebate given through demand draft.

Eligibility Criteria

Occupation

SALARIED

About Corporate Platinum Credit Card

The Kotak Corporate Platinum Credit Card is designed to give businesses and their employees a privileged banking experience, combining high reward-earning potential with powerful expense management tools. Cardholders earn reward points on every transaction, which can be redeemed quarterly through a simple call to the customer service desk, with cash rebates issued via demand draft. The card also offers fuel and railway surcharge waivers, along with complimentary airport lounge access through the Visa program, providing two visits per calendar quarter for the primary cardholder. For companies, the card delivers exceptional control over employee spending, enabling monitoring of expenditure patterns, budget management, and vendor-wise tracking. Corporations assign an overall company limit and decide individual employee card limits based on hierarchy or designation. Consolidated billing means only a single payment is required for all employee cards, eliminating individual reimbursements and cash advance processes entirely. Additional benefits include up to 48 days of interest-free credit, real-time SMS and email transaction alerts, free card replacement, and a dedicated service manager for personalized support. A Program Administrator serves as a single point of contact between the company and Kotak Bank, ensuring streamlined communication. Accepted by over 10 million merchants globally, this Visa card is built to support seamless, hassle-free business travel and corporate spending worldwide.

Expert Review

Our Verdict

Corporate card for businesses with reward points, lounge access, fuel & railway surcharge waivers, and expense managemen

Frequently Asked QuestionsAbout Corporate Platinum Credit Card

OTHERWhy should I select a Kotak Corporate Platinum Credit Card?
Kotak Corporate Platinum Credit Card is designed with three guiding principles: Simplicity — the card is easy to understand and use with no hassle. Transparency — there are no hidden charges, and all benefits and costs are communicated upfront. Relevance — the card is designed specifically to meet corporate needs, offering benefits like high reward points, lounge access, expense tracking, and consolidated billing that are most relevant for businesses and their employees.
APPLICATIONWhere can I get the application form for the Corporate Platinum Credit Card and where do I submit it?
You can apply by writing to service.corporatecard@kotak.com with the following details: Name of your Entity, Name of the contact person, Contact details, and Number of cards required. A Kotak Sales Representative will get back to you after receiving your request. You can also visit Kotakcards.com to apply online and track your application status.
USAGECan I use the Corporate Platinum Credit Card for personal expenses?
The Corporate Platinum Credit Card is specifically meant for official/corporate use. However, personal expenses can be made on the card depending on the policy of your corporate employer who has availed the Corporate Card Option. It is important to note that the consolidated bill will include any personal spends, and you will need to settle those expenses with your company separately.
USAGEIs the cash withdrawal feature active on the Corporate Platinum Credit Card?
No, the cash withdrawal feature is not active on the Kotak Corporate Platinum Credit Card. The card is designed for corporate and official transactions at merchant outlets and online platforms. For cash requirements, employees are advised to use other banking facilities. The card eliminates the need for cash advances by allowing employees to swipe directly for business-related expenses.
APPLICATIONHow do I check the status of my Corporate Platinum Credit Card application?
You can check the status of your Corporate Platinum Credit Card application by visiting Kotakcards.com. Navigate to 'Apply Online' and then click on 'Check Online Application Status'. You will need to provide your application reference number or relevant personal details to track the progress of your application.
REWARDSHow can I redeem the reward points earned on the Corporate Platinum Credit Card?
Reward points earned on the Kotak Corporate Platinum Credit Card can be redeemed by calling the customer service desk. Points can be redeemed every quarter, and the cash rebate will be provided via a demand draft. Please note that redemption is only possible through the customer service desk call and cannot be done online or through any other channel.
BENEFITSWhat is the fuel surcharge waiver benefit on the Corporate Platinum Credit Card?
The Corporate Platinum Credit Card offers a fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000. The maximum fuel surcharge waiver allowed in a calendar year is Rs. 3,500. Please note that this feature is applicable only on the Paid Annual Fee Variant of the card and is not available on the standard variant.
BENEFITSWhat is the railway surcharge waiver benefit on this card?
The Corporate Platinum Credit Card provides a railway surcharge waiver on transactions made on www.irctc.co.in and at Indian Railways Booking Counters. The maximum railway surcharge waiver allowed in a calendar year is Rs. 500. Similar to the fuel surcharge waiver, this feature is applicable only on the Paid Annual Fee Variant of the Corporate Platinum Credit Card.
BENEFITSHow many complimentary airport lounge accesses does the Corporate Platinum Credit Card offer?
The Kotak Corporate Platinum Credit Card offers 2 complimentary airport lounge accesses per calendar quarter for the primary cardholder only, through the VISA Airport Lounge Offer. This means primary cardholders can enjoy up to 8 complimentary lounge visits per year. Please note that this benefit is exclusive to the primary cardholder and does not extend to add-on or employee cardholders.
FEESWhat are the fees and charges for the Corporate Platinum Credit Card?
The Kotak Corporate Platinum Credit Card is available in two variants — a free variant and a Paid Annual Fee Variant. The joining fee and annual fee details depend on the variant chosen by the corporate. Certain benefits such as fuel surcharge waiver and railway surcharge waiver are only available on the Paid Annual Fee Variant. For detailed fee information, you can refer to the Fees & Charges section on the official Kotak Bank website.
BENEFITSHow does the Corporate Platinum Credit Card help companies manage employee expenses?
The Corporate Platinum Credit Card offers comprehensive expense management tools including vendor-wise tracking of employee spends, budget analysis, and statistical data for expense reporting. Companies can monitor spending patterns, set card limits based on employee hierarchy or designation, and receive consolidated monthly statements. The system also ensures travel and expense policy adherence by employees, preventing fraudulent claims and providing insights into spending on registered vendors.
INTERNATIONALIs the Corporate Platinum Credit Card accepted internationally?
Yes, the Kotak Corporate Platinum Credit Card is a VISA-powered international credit card accepted by over 10 million merchants across the globe. It provides digital currency convenience to consumers, businesses, banks, and governments. Employees can use the card for international business travel and expenses without the hassle of carrying foreign exchange or maintaining physical records like vouchers and travel tickets.
FEESWhat is the interest-free credit period offered on the Corporate Platinum Credit Card?
The Kotak Corporate Platinum Credit Card offers up to 48 days of interest-free credit period, functioning similarly to an overdraft facility on credit cards. This allows corporate employees to make business-related purchases without immediate payment, while the company settles the consolidated bill. Employees do not need to worry about late payment fees or dues, as the corporate is responsible for the payment.
BENEFITSWhat support services are available for Corporate Platinum Credit Card holders?
Corporate Platinum Credit Card members receive a dedicated Service Manager who provides personalized service and quick information on card details, limits, and lost or stolen cards. A Program Administrator acts as the middle man between Kotak and the company, handling queries related to payment due dates, total dues, damaged cards, and lost cards through a single point of contact. Free SMS and email alerts are also provided for all transactions.
OTHERIs there a charge for replacing a lost or damaged Corporate Platinum Credit Card?
No, there is no extra charge for replacing a Kotak Corporate Platinum Credit Card. In case your card is damaged, lost, or stolen, you can simply call the customer service desk to request a free replacement. The replacement is done anytime without any additional fees, ensuring uninterrupted access to your corporate card benefits and spending capabilities.

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