With a wide range of credit cards in its portfolio, Kotak Bank has now come up with a user-specific co-branded credit card named ‘Metro Kotak Credit Card.’ It has been launched by the bank in collaboration with the B2B wholesale brand, Metro Wholesale. This card is completely targeted at those businesses or firms that are members of Metro Wholesale. With a zero annual fee, the card has decent cashback benefits and it allows you to save up to Rs. 10,000 per month on your wholesale purchases, which is not at all a bad deal. If you are a hotel/restaurant owner, a kirana store holder, or a caterer, you must check out the features of this card once. For more details about the Kotak Bank Metro Credit Card, Continue Reading:


Metro Kotak Credit Card

The new ‘Metro Kotak Credit Card’ has been launched by Kotak Mahindra Bank in partnership with Metro Wholesale. The card is targeted at kirana store holders, restaurant & hotel owners, caterers, etc. It is a lifetime free credit card, i.e. it comes with zero joining/annual membership charges and is a great option for those who are loyal to Metro Wholesale for their material requirements. The card is a user-specific card and hence comes with only a few benefits on transactions over Metro wholesale.

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Certain transactions, like fuel purchases or foreign currency purchases, can not be made using this card. Moreover, the Metro Kotak Credit Card can only be issued to valid and registered businesses holding membership of Metro Wholesale. It has some basic benefits as mentioned below:

  • Welcome Benefits: You get a cashback of Rs. 500 on spending Rs. 10,000 or more within the first 30 days of the card issuance.
  • Cashback: The cardholders can also save up to 1% on their Metro Wholesale purchases. The cashback structure of this card is as mentioned below:
    – For spends between Rs. 10,001 to Rs. 30,000: 0.25% cashback.
    – For spends between Rs. 30,001 to Rs. 5 lakhs: 0.50% cashback.
    – For spends above Rs. 5 lakhs: 1% cashback.
    No cashback is earned on transactions worth Rs. 10,000 or lesser.
    – The maximum cashback per statement cycle is capped at Rs. 10,000.

Check out this page for further details about eligibility criteria and fees & charges.

Bottom Line

Metro Kotak Credit Card is just the best option for you if you belong to one of the above-mentioned categories, i.e. HoReCa (Hotels, Restaurants, Caterers, or Kirana Owners). Just keep in mind that you need to be a Metro membership holder in order to get this card. So, make sure to check the eligibility criteria of the card before you apply for it. Moreover, you must keep the fact in mind that this card should be used entirely for your wholesale requirements as it can not be used for certain purchases as mentioned above. If you have any further doubts regarding the Metro Kotak Credit Card, you can freely ask us in the comment section below!

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