Starting June 1, 2025, private sector lender Kotak Mahindra Bank will impose a 1% fee on fuel transactions once a cardholder exceeds the cumulative fuel spending threshold within a statement cycle. However, this new fee policy applied to select Kotak credit cards-with varying limits based on card type. Fuel spending is a significant part of monthly expenses for many consumers. This new fee policy aims to regulate excessive fuel-related usage on credit cards, especially for premium or rewards-based cards.
Which Kotak cards are exempt from this fee
The new fee for fuel transactions is not applicable to White Reserve Credit Cards, Kotak Solitaire, Kotak Infinite, Kotak Signature, IndianOil Kotak Credit Cards, or Myntra Kotak Credit Cards.
For others, the 1% fee kicks in when the cumulative monthly fuel expenses cross:
The 1% fuel fee will apply if fuel spending crosses defined limits within a billing cycle. For White Signature, Privy League Signature, and Kotak IndiGo 6E XL Rewards Credit Cards, the threshold is Rs 50,000.
For cards like Mojo Platinum, Zen Signature, Royale Kotak Signature, PVR INOX, 6E Rewards IndiGo Kotak Credit Card, Kotak BIZ, and NRI Royale Signature, the threshold is Rs 35,000.
New threshold for fuel surcharge waiver
Additionally, fuel surcharge waiver criteria have been revised for multiple products from June 1, 2025.
| Product | Existing threshold for fuel surcharge waiver | Revised threshold for fuel surcharge waiver |
| Kotak Solitaire Credit Card | Fuel transaction between ₹400 to ₹7,500 Maximum Waiver in an anniversary year is ₹10,000 | Fuel transaction between ₹400 to ₹7,500 Maximum Waiver in an anniversary year is ₹10,000 |
| White Reserve, Kotak Infinite | Fuel transaction between ₹400 to ₹4,000 Maximum Waiver in an anniversary year is ₹4,500 | Fuel transaction between ₹400 to ₹7,500 Maximum Waiver in an anniversary year is ₹4,500 |
| White Credit Car | Fuel transaction between ₹500 to ₹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 to ₹7,500 Maximum Waiver in an anniversary year is ₹4,500 |
| Privy League Signature (paid variant) | Fuel transaction between ₹400 – ₹4,000. Max Waiver: ₹300 in a calendar month | Fuel transaction between ₹400 to ₹7,500 Max Waiver: ₹300 in a calendar month |
| Mojo Platinum, Zen Signature, Royale Kotak Signature, NRI Royale Signature, Kotak Signature | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹500 to ₹5,000 Maximum Waiver in an anniversary year is ₹3,500 |
| League Platinum,811 #Dream Different, Kotak 811 Credit Card | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹500 to ₹4,000 Maximum Waiver in an anniversary year is ₹3,500 |
| Indian Oil Kotak Credit Card | Fuel transaction between ₹100 – ₹5,000 only at IOCL fuel pumps Max Waiver: ₹100 per statement cycle | Fuel transaction between ₹100 – ₹5,000 only at IOCL fuel pumps Max Waiver: ₹100 per statement cycle |
| Delight Platinum | Fuel transaction between ₹400 to ₹4,000 Maximum Waiver in an anniversary year is ₹4,500 | Fuel transaction between ₹400 to ₹4,000 Maximum Waiver in an anniversary year is ₹4,500 |
| Kotak BIZ | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹2,500 | Fuel transaction between ₹500 to ₹5,000 Maximum Waiver in an anniversary year is ₹2,500 |
| Myntra Kotak Credit Card | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹3,500 |
| Veer Platinum, Veer Select, Fortune | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹3,500 | Fuel transaction between ₹500 to ₹3,000 Maximum Waiver in an anniversary year is ₹3,500 |
Source: Kotak Mahindra Bank
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