IndianOil Kotak Credit Card
Card Type: 
Fuel your savings with the IndianOil Kotak Credit Card. Earn rewards on fuel purchases, groceries, dining, and more. This card comes with a joining fee of Rs. 500 and an annual fee of Rs. 500, waived on yearly spends of Rs. 75,000.
Key Highlights of IndianOil Kotak Credit Card
The key highlights of the IndianOil Kotak Credit Card include:
- Earn 4% cashback on IndianOil fuel purchases.
- 2% cashback on groceries and dining.
- 1% cashback on all other spends.
- Fuel surcharge waiver at IndianOil outlets.
- Annual fee waiver on yearly spends of Rs. 75,000.
Features & Benefits of IndianOil Kotak Credit Card
Explore the standout features of the IndianOil Kotak Credit Card:
Welcome Benefits
- Receive 1,000 reward points as a welcome gift upon payment of the joining fee.
Fuel Savings
- Earn 4% cashback on all fuel purchases at IndianOil outlets.
- Fuel surcharge waiver for transactions between Rs. 400 and Rs. 5,000.
Lifestyle Benefits
- Earn 2% cashback on dining and groceries.
- 1% cashback on all other purchases.
IndianOil Kotak Credit Card Fees & Charges
- Joining Fee: Rs. 500
- Annual Fee: Rs. 500 (waived on yearly spends of Rs. 75,000).
- Interest charges on outstanding balances: 3.50% (42% p.a.)
- Cash advance fee: Rs. 300 per Rs. 10,000.
- Foreign currency markup: 3.5%
Eligibility for IndianOil Kotak Credit Card
- Primary cardholders must be aged 21–65 years.
- Annual income should be Rs. 3 Lakhs or above.
Documents Required
- Proof of identity: PAN Card, Aadhaar, Passport, etc.
- Proof of address: Aadhaar, Utility Bill, Passport, etc.
- Proof of income: Salary slips, Form 16, bank statements.
Reward Redemption
- Redeem cashback for fuel purchases, vouchers, and more.
How to Apply for IndianOil Kotak Credit Card?
- Visit the Kotak Mahindra website, fill out the application form, and submit your details.
- A bank representative will contact you for document verification and further process.
IndianOil Kotak Credit Card FAQs
Can I use the IndianOil Kotak Credit Card for cash withdrawals?
Yes, you can withdraw cash up to the available limit. Cash withdrawals incur charges of Rs. 300 per Rs. 10,000 or part thereof.
How do I redeem my cashback?
You can redeem your cashback on fuel, vouchers, and more by logging into your Kotak Net Banking account.
How do I increase my credit limit on the IndianOil Kotak Credit Card?
To request a credit limit increase, use your card regularly and pay your bills on time. The bank will evaluate your profile and may offer an increase.
