Kotak Bank Corporate Platinum Credit Card is one of the many corporate credit cards offered by the bank. The key features of this credit card are highlighted below.

Additional Reading: What Is The CIBIL™ Score Required For A Kotak Mahindra Bank Credit Card

Category

Details

Fuel surcharge waiver 

Minimum transaction value – Rs. 500

Maximum transaction value – Rs. 3,000

Maximum fuel surcharge waiver in any calendar year – Rs. 3,500

Railway surcharge waiver

Maximum railway surcharge waiver in any calendar year is Rs. 500

Airport Lounge offer

Primary cardholders will get 2 accesses per calendar quarter

Access to an airport lounge with VISA airport lounge offer

Acceptability

This is an international credit card and is universally acceptable with over 10 million merchants across the globe 

Interest

The card provides interest-free utilization of funds

Card limits 

The card limit for the entire corporate is assigned as a whole which can be distributed or allotted to the employees based on their designation and usage at company discretion 

Payment for credit card

The credit card payment for all the corporate cards is done through a single or a consolidated payment by the corporate

Tracking of expenses

Corporate credit cards also allow the company to track employee wise expenses and well as through other parameters like vendor wise, department wise, etc. 

Card replacement

Replacement of corporate credit cards on account of any loss or theft or damage is free of charge and can be done at any time without any restrictions.

Redemption of points

Easy hassle-free redemption of points every quarter by simply calling the customer service desk

Fees and charges
  • Annual charges – Rs. 999
  • Interest on outstanding balance – 3.30% p.m.
  • Foreign currency markup – 3.5%
  • Late payment charges – Rs. 100-Rs.700 (depending on the statement outstanding amount) 

 

Additional Reading: How Can I Apply For A Kotak Mahindra Credit Card

Kotak Corporate Credit Cards

Kotak Bank offers many types of credit cards for retail and corporate customers. There are multiple corporate credit cards offered by the bank. Kotak Mahindra Bank provides many corporate cards that can be used by the corporates for their executives. These cards help the employees spend easily on behalf of the corporate and help the corporates track their expenses for various projects or vendors, etc.