Does the Kotak Biz Credit Card give airport lounge access?

Yes. In India: Complimentary domestic lounge access per calendar quarter (count not stated). Outside India: none listed. Conditions: Needs Rs 75,000 spend in the previous calendar quarter

What is the forex markup on the Kotak Biz Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Kotak Biz Credit Card?

Wallet loads, fuel, rent, online gaming

M16S / Kotak Mahindra Bank / Kotak Biz Credit Card

entry · business, rewards

Kotak Biz Credit Card

Kotak Mahindra BankVisaLast checked 11 Oct 2026invite-only

The Kotak Biz Credit Card costs Rs 499 a year. Its base return is 0.25% (1 point per Rs 100). The forex markup is 3.5%. Lounge visits in India: Complimentary domestic lounge access per calendar quarter (count not stated). Read from the issuer's own documents on 11 Oct 2026.

Annual fee: Rs 499+ GST
Fee waived at: —
Base return: 0.25%
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Joining fee	Rs 299
Annual fee	Rs 499
Fee notes	Rs 299 joining, Rs 499 annual, no waiver condition (KFS).

Rewards

Reward currency	Reward Points
Base earn	1 point per Rs 100
Base return	0.25%
Point value	Rs 0.25 per point on recharge/shopping; Rs 0.20 as cash from 1 Jun 2025
Accelerated earn	4 points per Rs 100 on travel and tour operators, domestic airlines, direct marketing/advertising, supermarkets, lodging (by Visa MCC)
Caps	Category caps referenced to MITC; not listed on page
Spends that earn nothing	Wallet loads, fuel, rent, online gaming
Reward notes	base_return_pct = 1 point per Rs 100 x Rs 0.25.

Travel and perks

Domestic lounge	Complimentary domestic lounge access per calendar quarter (count not stated)
International lounge	None
Lounge conditions	Needs Rs 75,000 spend in the previous calendar quarter
Forex markup	3.5%
Fuel surcharge waiver	1% on Rs 500-5,000 txns, cap Rs 2,500 per year; railway surcharge waiver up to Rs 500
Other freebies	Travel insurance programme: card liability Rs 50,000; flight delay, baggage, documents Rs 10,000 each

Charges and eligibility

Interest per month	3.75%
Late payment fee	By outstanding balance: <=100 nil; 100-500 Rs 100; 500-1,000 Rs 500; 1,000-5,000 Rs 600; 5,000-10,000 Rs 750; 10,000-25,000 Rs 900; 25,000-50,000 Rs 1,100; >50,000 Rs 1,300
Cash advance fee	2.5% min Rs 500
Eligibility	Invite-only per issuer listing
Fine-print notes	MITC surcharges: 1% on utility spend above Rs 50,000/cycle, fuel above Rs 35,000/cycle, wallet loads above Rs 10,000/cycle, online gaming above Rs 10,000/cycle, education via third-party apps; rent 1% + GST.

Questions

What is the annual fee of the Kotak Biz Credit Card?: Rs 499 a year, before GST.
Does the Kotak Biz Credit Card give airport lounge access?: Yes. In India: Complimentary domestic lounge access per calendar quarter (count not stated). Outside India: none listed. Conditions: Needs Rs 75,000 spend in the previous calendar quarter
What is the forex markup on the Kotak Biz Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Kotak Biz Credit Card?: Wallet loads, fuel, rent, online gaming