Kotak Mahindra Bank to levy new 1% fee on high fuel spends from June 1; check if your credit card is affected

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.

Kotak revises transaction fees on these credit cards: Check latest fee on Utility, Wallet Loads, and more from June 1, 2025

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