Kotak Shorter Billing Cycle Credit Card
KeepThe Purchase Card with the clock wound forward — seven days to pay, sometimes fifteen.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until Kotak Mahindra Bank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
2 notes on the card itself: how it is issued · why it ranks #567
Why #567 Carried, not ranked. The Purchase Card on a faster clock: pay 7 or 15 days after the statement instead of 18, which at the short end leaves as little as ten days of interest-free credit on a late-cycle purchase. Free, and the whole product is the timing.
The take
This is Kotak's Purchase Credit Card with one term changed, and the changed term is the whole product. Where a standard Kotak commercial card gives 18 days after the statement to pay, this variant gives "7/15 days (or as defined basis the product construct)". Kotak works both cases in its MITC rather than leaving them abstract. On a 30+7 construct — statement covering 1 to 30 April, due 7 May — a purchase on the 1st gets 37 interest-free days and one on the 12th gets 25. On a 15+7 construct — statement to 15 April, due 22 April — the same purchases get 22 days and 10 days. Ten days of float on a late-cycle purchase is a materially different instrument from the 48-day ceiling the rest of the shelf works to. Who wants that? A company whose own receivables clear fast and whose bank is pricing the credit accordingly, or one running a supplier programme where the short cycle is the condition of the rate. It is not a cardholder benefit and Kotak does not present it as one — which is precisely why a reader handed one should know the number before the first statement lands. Everything else is the Purchase Card, and it is well documented. Nil to join and nil a year, on its own KFS row. Interest at 3.30% a month, 39.60% a year, on the same finance line as the Purchase and Virtual Purchase cards. Minimum amount due up to 100%, no cash withdrawal under the Corporate Liability Programme, no cash payment facility, forex up to 3.50%, the fuel surcharge waived between ₹500 and ₹3,000 to ₹3,500 a year, the railway surcharge charged, and 1.1% on utility and insurance payments. There is no published reward rate; whatever incentive exists arrives by email from a relationship manager.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Kotak Mahindra Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 1 Jun 2025 Kotak's June-2025 fee wave washes over the premium deck issuer-wide
- 12 Feb 2025 RBI lifts Kotak's ten-month card-issuance ban issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Nil to open and nil a year, on its own row in the Purchase Card's Key Fact Statement
- Kotak publishes both constructs with worked examples: 30+7 gives 37 days at best, 15+7 gives 22
- Fuel surcharge waived on transactions between ₹500 and ₹3,000, up to ₹3,500 a calendar year
- Card replacement after loss or damage is waived
- The rest of the Purchase Card's documented schedule applies unchanged, including its 48-day ceiling on any interest-free period
Watch out
- The payment window is 7 or 15 days after the statement, against 18 for every other Kotak commercial card
- At the short end a late-cycle purchase gets as little as ten interest-free days, by Kotak's own worked example
- Kotak publishes no reward rate; the MITC puts any incentive at the bank's discretion, per company, by email
- The railway surcharge is charged, per the KFS and MITC clause 5.6
- Utility bills and insurance premiums carry a 1.1% transaction fee
- Revolving costs 3.30% a month, 39.60% a year, and the minimum amount due can be the entire bill
- No cash: withdrawal is not available under Kotak's Corporate Liability Programme
- No lounge access is published for it, and it opens no door on our map
What these points actually fly
Kotak Mahindra Bank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Not a separate application: Kotak's MITC says "Corporates may request for the relevant product as per their business needs", so the construct is chosen inside the Purchase Card programme at onboarding, through a Kotak Corporate Agreement and a Program Administrator or Authorised Signatory. The commercial-cards desk is service.corporatecards@kotak.com.
Kotak Mahindra Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 30 Sept 2026Dream Different's unredeemed reward points expire after 30 September 2026Reward points accrued on the Dream Different Credit Card up to 31 March 2026 sitting in the account with no stated expiry date → A hard forfeiture date — "After 30th September, 2026, any unredeemed Reward Points will automatically expire"
The second half of the note that closed the programme is the part holders can still act on. Kotak's cardholder agreement gives every Dream Different point accrued up to 31 March 2026 a six-month redemption window that shuts on 30 September 2026, after which unredeemed points are forfeited outright. At the agreement's own conversion rate of 25 paise per point, a year of the card's headline 4-points-per-₹100 online earn on ₹1 lakh of online spend is roughly 4,000 points, about ₹1,000 — small money, but money that becomes zero on 1 October. Points redeem against the Kotak catalogue (flights, hotels, vouchers, merchandise) or as a statement credit through the rewards portal or the contact centre, each with its own minimum, so a last-week redemption risks missing the date on processing alone.
- 1 Sept 2026Kotak's Dream Different joining fee goes ₹250 → ₹424 and the waiver disappears
- 1 Sept 2026Kotak halves dynamic currency conversion on Dream Different, 3.5% to 2%
- 1 Apr 2026Kotak discontinues the reward points programme on Dream Different
- 1 Jun 2025Kotak guts Privy League Signature and pulls it from sale
- 1 Jun 2025Kotak's June-2025 fee wave washes over the premium deck
- 12 Feb 2025RBI lifts Kotak's ten-month card-issuance ban
- 12 May 2022Kotak quietly lists White Reserve — a card with no earn rate
Every Kotak Mahindra Bank change we've dated → 8 events since 2022, 5 of them nerfs — worst year 2026.
Verified against Kotak Mahindra Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.
Every document behind this page — 2 of them, each with the day we read it
- official MITC of Kotak Corporate Credit Cards — clause 5.2's definition of the shorter billing cycle product and its two worked interest-free examples
- official Key Fact Statement for the Kotak Purchase Credit Card, version 04082026 — this variant's own nil fee row and its place on the family's finance line