Kotak to Charge 1% on High Fuel Spends via Credit Cards from June 1, Check if Your Credit Card is Affected
Kotak Mahindra Bank has announced that beginning June 1, 2025, it will implement a 1% fuel fee for purchases made on its credit cards when a customer’s total fuel expenditure exceeds a certain limit for that month. This new rule applies only to some Kotak credit cards, with different spending limits depending on which card you have. Since fuel is a major monthly expense for most people, this new policy is designed to control heavy fuel spending on credit cards, particularly on premium cards that offer rewards.
Kotak Cards with No Fees
The following Kotak credit cards do not charge a 1% fee for fuel:
- White Reserve Credit Cards
- Kotak Solitaire
- Kotak Infinite
- Kotak Signature
- IndianOil Kotak Credit Cards
- Myntra Kotak Credit Cards
For all other cards, you will incur the 1% fee if your fuel transactions exceed the points below:
Fuel Spending Limits Before Fee
The 1% fuel fee will start charging when your fuel purchases exceed specific amounts within one billing cycle:
Rs 50,000 threshold: White Signature, Privy League Signature, and Kotak IndiGo 6E XL Rewards Credit Cards
Rs 35,000 threshold: Mojo Platinum, Zen Signature, Royale Kotak Signature, PVR INOX, 6E Rewards IndiGo Kotak Credit Card, Kotak BIZ, and NRI Royale Signature
Changes to Fuel Surcharge Benefits
Along with the new fee, Kotak has also updated the rules for fuel surcharge waivers on several credit cards starting June 1, 2025.
| Product | Existing Threshold for Fuel Surcharge Waiver | Revised Threshold for Fuel Surcharge Waiver |
| Kotak Solitaire Credit Card | Fuel transaction between ₹400 and ₹7,500. Maximum Waiver in an anniversary year is ₹10,000 | Fuel transaction between ₹400 and ₹7,500. Maximum Waiver in an anniversary year is ₹10,000 |
| White Reserve, Kotak Infinite | Fuel transaction between ₹400 and ₹4,000. Maximum Waiver in an anniversary year is ₹4,500 | Fuel transaction between ₹400 and ₹7,500. Maximum Waiver in an anniversary year is ₹4,500 |
| White Credit Card | Fuel transaction between ₹500 and ₹3,000. Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹400 to ₹7,500. Maximum Waiver in an anniversary year is ₹4,500 |
| Privy League Signature (free variant) | Fuel transaction between ₹400 to ₹4,000. Maximum Waiver in an anniversary year is ₹4,500 | Fuel transaction between ₹400 and ₹7,500. Maximum Waiver in an anniversary year is ₹4,500 |
| Privy League Signature (paid variant) | Fuel transaction between ₹400 and ₹4,000. Max Waiver: ₹300 in a calendar month | Fuel transaction between ₹400 and ₹7,500. Max Waiver: ₹300 in a calendar month |
| Indian Oil Kotak Credit Card | Fuel transaction between ₹100 and ₹5,000 only at IOCL fuel pumps. Max Waiver: ₹100 per statement cycle | Fuel transaction between ₹100 and ₹5,000 only at IOCL fuel pumps. Max Waiver: ₹100 per statement cycle |
| Delight Platinum | Fuel transaction between ₹400 and ₹4,000. Maximum Waiver in an anniversary year is ₹4,500 | Fuel transaction between ₹400 and ₹4,000. Maximum Waiver in an anniversary year is ₹4,500 |
| Kotak BIZ | Fuel transaction between ₹500 and ₹3,000. Maximum Waiver in an anniversary year is ₹2,500 | Fuel transaction between ₹500 and ₹5,000. Maximum Waiver in an anniversary year is ₹2,500 |
| Myntra Kotak Credit Card | Fuel transaction between ₹500 and ₹3,000. Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹500 and ₹3,000. Maximum Waiver in an anniversary year is ₹3,500 |
| Veer Platinum, Veer Select, Fortune | Fuel transaction between ₹500 and ₹3,000. Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹500 and ₹3,000. Maximum Waiver in an anniversary year is ₹3,500 |
