Kotak IndianOil Platinum Credit Card
3.5 from 654 Users
3.5 from 654 Users
Get 1000 Reward Points as Welcome Benefit
on spending INR 500 within 30 days of card issuance
Save 4% as Reward Points
on IndianOil Fuel Spends.Get 24 reward points on every ₹150 spent, capped at 1200 reward points per statement cycle
Earn Rewards Points such as
24 RP on IndianOil fuel (cap 1,200/stmt) per ₹150; 12 RP on dining & grocery (cap 800/stmt) per ₹150; 3 RP on other spends per ₹150
Earn 0.5% back as Reward Points
on UPI credit card transactions 3 RP per ₹150 spent
Fuel
Dining
Grocery Shopping
Joining Fees
₹530 ( ₹449 + GST )
N/A
Annual Fees
₹530 ( ₹449 + GST )
50000
Age Criteria
18-60 years
Salary Criteria
N/A LPA
Credit Rating*
720+
See if you are eligible for this card
Rewards Conversion Rate
1 RP = ₹0.20
Redemption Options
To check redemption catalogue
All Benefit
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent payment
Fuel
Insurance
EMI Transactions
Cash Withdrawals
Jewellery
School & Educational Services
Government related transactions
Wallet transactions
Load money
Fees
GST charges
All Reversals
Gambling
Tolls
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges
For Spends Waiver
Rent payment
Fuel
Insurance
EMI Transactions
Cash Withdrawals
Jewellery
School & Educational Services
Government related transactions
Wallet transactions
Load money
Utility Bill Payments
Balance Transfer
Financial Charges
| Structure | Details |
|---|---|
Forex Markups   3.5% Forex Markups are levied if you use your card to make payment in any currency other than INR. This fee will be levied if you shop on any ecomerce website which accepts payment in currency other than INR or if you make a payment outside of India using a POS. Below mentioned table gives forex markup for most common spends | 3.5% |
APR Fees 3.75% monthly interest (45% p.a.) is charged on unpaid outstanding amounts w.e.f. 1 June 2025. Credit cards give an interest-free period of up to ~45–55 days, but if you don’t pay at least the minimum amount due by the due date, interest is charged on the outstanding balance until it is cleared | 3.75% |
ATM Withdrawl 2.5% of the cash withdrawal amount is charged as a fee, subject to a minimum of ₹500 per transaction. Interest is also charged from the date of withdrawal until the amount is repaid | 2.5% |
Reward Redemption Fees | N/A |
Link for all T&Cs | Click Here |
Railway Surcharge Railway booking surcharge of 1.8% of the transaction amount is levied on railway ticket purchases | 1.8% |
Rent Payment Fees 1% fee is charged on the rent payment transaction amount | 1% |
Cheque Payment Fees | N/A |
Cash Payment Fees ₹100 is charged when you make your credit card bill payment in cash at the bank branch | ₹100 |
| Late Payment Fees Additional ₹100 is charged if Minimum Amount Due remains unpaid for two consecutive cycles, continuing until cleared | Amount Due |
|---|---|
| ₹0 – ₹100 | ₹0 |
| ₹101 – ₹500 | ₹100 |
| ₹501 – ₹5,000 | ₹500 |
| ₹5,001 – ₹10,000 | ₹600 |
| ₹10,001 – ₹25,000 | ₹800 |
| ₹25,001 – ₹50,000 | ₹1,000 |
| > ₹50,000 | ₹1,200 |
TOP USPs
Get 1000 Reward Points as Welcome Benefit
on spending INR 500 within 30 days of card issuance
Save 4% as Reward Points
on IndianOil Fuel Spends.Get 24 reward points on every ₹150 spent, capped at 1200 reward points per statement cycle
Apply Now