Kotak BizEdge Credit Card

Rewards and Benefits

• Users can earn 10 reward points for every ₹150 spent on business essentials.
• Earn10 reward points on SAAS related spends for every ₹150 spent on the Nuclei Platform.
• While booking hotels and flights through the Kotak Unbox, cardholders can get 10 reward points for every ₹150 spent.
• Cardholders can earn up to 2 reward points for every ₹150 spent across other categories.
• The cardholder can redeem up to 80% of the cart value using reward points on the Kotak Unbox Platform.
• 1 Reward Point = ₹ 0.25 for purchases via the Kotak Unbox platform.

Interest Free Period

Cardholders can manage their cash flow efficiently with the extended 55-day interest-free period. The 55-day interest-free period allows cardholders to use the bank’s money for up to 55 days without incurring any interest charges, provided they pay their entire outstanding balance in full by the due date. This creates a temporary, zero-cost loan that significantly helps manage cash flow.

Forex Mark-up

There will be a 3.50% interest on international transactions. Whenever the cardholder is making any purchase in a foreign currency or is making a foreign transaction, they will have to pay an extra percentage fee of 3.50%.

Late Payment Charges

Bottom Line

The Kotak BizEdge is a smart pick for business owners who want to earn rewards on everyday business expenses while keeping cash flow flexible. The card offers exciting rewards and an extended interest-free period.

If the cardholder spends 2 lakhs in the anniversary year, they will have their annual fee waived. These offers make the card more appealing to users, especially those who spend on their business and want to earn rewards and benefits.