MyFinCards
Kotak Biz Edge Credit Card

Joining Fee

₹999

Annual Fee

Rs. 999 (Reversed on annual spends of Rs. 2 Lakhs)

Forex Markup

3.5% + GST

INTERNATIONAL
Kotak Bank
Business
Rewards
Travel
Best For: Business owners with high essential spends, Entrepreneurs using SaaS tools, Business travelers booking flights and hotels

Kotak Biz Edge Credit Card

Rewards Structure

Base Reward Rate

2% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹2,500 /statement_cycle

Points Validity

36 Months

Pros

  • Accelerated 5X rewards on business essentials, SaaS, flights and hotels
  • Annual fee waiver on ₹2 lakh spend
  • Extended 55-day interest-free period
  • No add-on card fee
  • No card reissue/replacement fee

Cons

  • No ATM cash withdrawal allowed
  • No over-limit facility
  • No fuel surcharge waiver
  • Rewards capped at 2,500 points per statement cycle for business essentials
  • No railway surcharge waiver

Hidden Catches (Transparency Policy)

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

Business essentials reward cap of 2,500 points per statement cycle

No reward points on EMI transactions, rent, wallets, and education

Reward points expire after 36 months

Minimum 500 reward points required for redemption

Accelerated rewards on flights, hotels and SaaS capped at 1,00,000 points combined

Key Benefits & Features

55-day interest-free period for efficient cash flow management

5X reward points on business essentials, SaaS (Nuclei), flights & hotels

Eligibility Criteria

Occupation

SALARIEDSELF_EMPLOYED

Required Documents

IDENTITY Proof

PAN Card
Aadhaar Card

Notable Exclusions

No reward points on EMI transactionsNo reward points on rent paymentsNo reward points on wallet loadsNo reward points on education paymentsATM cash withdrawal/cash advance not allowedOver-limit transactions not allowed

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

Official Terms & Conditions

About Kotak Biz Edge Credit Card

The Kotak Biz Edge Credit Card is designed for today's business owners and entrepreneurs who want to maximize rewards on their essential business spends. With a joining and annual fee of ₹999, the card offers accelerated earning potential across categories that matter most to modern professionals, including tax payments, utility bills, insurance premiums, office supplies, telecom services, and fuel. Cardholders earn 10 reward points for every ₹150 spent on these business essentials, as well as on SaaS-related spends through Kotak's partnership with the Nuclei platform, and on flight and hotel bookings made via Kotak Unbox. What sets this card apart is its targeted approach to business spending, combining practical financial tools with rewarding outcomes. The 55-day interest-free period supports better cash flow management, while the annual fee waiver on spends of ₹2 lakh within an anniversary year adds further value. Reward points are valued at ₹0.25 each when redeemed through the Kotak Unbox platform, where cardholders can use points to cover up to 80% of cart value. With a 3.75% monthly interest rate and a 3.50% forex mark-up on international transactions, the Kotak Biz Edge Credit Card serves entrepreneurs and business travelers looking for a single card that rewards their everyday business and travel expenditures efficiently.

Expert Review

Our Verdict

Business credit card with 5X rewards on essentials, SaaS & travel, plus 55-day interest-free period.

Frequently Asked QuestionsAbout Kotak Biz Edge Credit Card

FEESWhat are the joining and annual fees for the Kotak Biz Edge Credit Card?
The Kotak Biz Edge Credit Card has a joining fee of ₹999 and an annual fee of ₹999. However, the annual fee is waived off if you spend ₹2 lakh or more within a 12-month anniversary year. There is no joining fee reversal offered. GST at 18% is applicable on all fees and charges.
FEESHow can I get the annual fee waived on the Kotak Biz Edge Credit Card?
You can get the annual fee of ₹999 waived off by spending ₹2 lakh or more within your card's anniversary year (12-month billing cycle). This is a great benefit for business owners who regularly use the card for their business expenses. There is no joining fee waiver available on this card.
REWARDSHow many reward points do I earn on the Kotak Biz Edge Credit Card?
You earn 10 reward points for every ₹150 spent on business essentials (5X), SaaS-related spends via the Nuclei platform (5X), and flight and hotel bookings through Kotak Unbox. For all other purchases, you earn up to 2 reward points per ₹150 spent. Rewards on business essential spends are capped at 2,500 points per statement cycle, while accelerated points on flights, hotels, and SaaS are capped at 1,00,000 points.
REWARDSWhat qualifies as 'business essential' spends for the 5X reward points?
Business essential spends include transactions on tax payments, utility bills, insurance premiums, government payments, fuel, office supplies, telecom services, and electronic purchases. These categories earn 10 reward points for every ₹150 spent. However, rewards on business essential spends are capped at 2,500 reward points per statement cycle. Note that EMI transactions, rent, wallets, and education spends are excluded from earning reward points.
USAGEWhat is the value of reward points and how can I redeem them?
Each reward point is worth ₹0.25 when used for purchases via the Kotak Unbox platform. On Kotak Unbox, you can redeem up to 80% of the cart value using reward points. A minimum of 500 reward points is required for redemption. All reward points are valid for 36 months from the date of earning and will expire after this period.
BENEFITSWhat is the interest-free period on the Kotak Biz Edge Credit Card?
The Kotak Biz Edge Credit Card offers an extended interest-free period of up to 55 days, which helps business owners manage their cash flow efficiently. If the total outstanding amount is paid in full by the due date, no interest is charged. The interest rate is 3.75% per month (45% per annum) if the outstanding balance is not paid in full by the due date.
USAGECan I withdraw cash from an ATM using the Kotak Biz Edge Credit Card?
No, ATM cash withdrawal and cash advance are not allowed on the Kotak Biz Edge Credit Card. This is an important limitation to be aware of when considering this card. Business owners who may require emergency cash access should plan accordingly and have alternate banking arrangements in place for cash needs.
INTERNATIONALWhat is the forex markup fee for international transactions on the Kotak Biz Edge Credit Card?
The Kotak Biz Edge Credit Card charges a forex markup fee of 3.50% on all international transactions. This fee is applied when you make purchases in foreign currencies. Business owners who frequently travel abroad or make international purchases should factor in this charge. GST at 18% is applicable on top of the forex markup fee.
FEESAre there any add-on card fees or card replacement charges?
No, there are no add-on card fees on the Kotak Biz Edge Credit Card, making it cost-effective to get supplementary cards for your business team members. Additionally, the card reissue or replacement fee is also waived off, so you won't be charged if your card is lost, stolen, or damaged and needs to be replaced.
FEESWhat are the late payment charges on the Kotak Biz Edge Credit Card?
Late payment charges (LPC) on the Kotak Biz Edge Credit Card are based on the outstanding due amount: No charge for amounts below ₹100; ₹100 for ₹100–₹500; ₹500 for ₹501–₹5,000; ₹600 for ₹5,001–₹10,000; ₹800 for ₹10,001–₹25,000; ₹1,000 for ₹25,001–₹50,000; and ₹1,200 for amounts above ₹50,000. GST at 18% is applicable on these charges.
BENEFITSIs there a fuel surcharge waiver on the Kotak Biz Edge Credit Card?
No, the Kotak Biz Edge Credit Card does not offer a fuel surcharge waiver. Standard fuel surcharges will be applied on fuel transactions. However, fuel spends do qualify as business essential spends and are eligible for the 5X reward points (10 points per ₹150 spent), subject to the cap of 2,500 reward points per statement cycle on business essential spends.
USAGEDoes the Kotak Biz Edge Credit Card allow over-limit transactions?
No, the Kotak Biz Edge Credit Card does not allow over-limit transactions. This means you cannot spend beyond your assigned credit limit on this card. It is advisable to keep track of your spending to avoid transaction declines. If you need a higher credit limit, you can contact Kotak Bank's customer care at 1800 4100 (toll-free) to discuss limit enhancement options.
REWARDSHow do I earn rewards on SaaS spends with the Kotak Biz Edge Credit Card?
You can earn 5X accelerated reward points (10 points per ₹150 spent) on SaaS-related spends through Kotak's partnership with the Nuclei platform. To avail this benefit, you need to make your SaaS software purchases via the Nuclei platform. These accelerated reward points are capped at 1,00,000 reward points in total along with flight and hotel spends. Visit the Kotak website to explore available business software offers.
FEESWhat is the minimum amount due (MAD) calculation for the Kotak Biz Edge Credit Card?
The Minimum Amount Due (MAD) on the Kotak Biz Edge Credit Card is calculated as 5% of all transactions plus 100% of EMI amounts, finance charges, fees, and applicable taxes. This amount will reflect in your monthly statement. Paying only the MAD will attract interest charges at 3.75% per month on the remaining balance. It is recommended to pay the full outstanding amount to avoid interest charges.
APPLICATIONHow can I apply for the Kotak Biz Edge Credit Card?
You can apply for the Kotak Biz Edge Credit Card through the Kotak Mahindra Bank website, the Kotak Mobile Banking App, or by visiting your nearest Kotak Bank branch. You can also call the toll-free helpline at 1800 4100 for assistance. Issuance of the credit card is at the sole discretion of Kotak Mahindra Bank Limited, subject to credit card terms and conditions and the bank's internal credit assessment.

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