Amazon Pay and Kotak Mahindra Bank have partnered to launch the Amazon Pay Kotak Business Credit Card, specifically designed to cater to sole proprietors and small business owners registered on Amazon Business. Aiming to help entrepreneurs manage working capital and delay cash outflows, the new co-branded card offers attractive rewards and enhanced credit flexibility. Amazon Prime members using the card can earn up to 5% cashback on eligible purchases made on Amazon Business, as well as on flight and hotel bookings, while non-Prime members receive 3% cashback on these transactions—effectively turning everyday procurement into a reward-generating activity. To help bridge the gap between paying suppliers and collecting receivables, the card provides an extended interest-free credit period of up to 48 days. Additionally, small business owners can utilize a three-month No Cost EMI facility for larger eligible purchases, easing immediate cash flow pressures without incurring additional interest charges. The card carries no joining fee, and while there is an annual fee of ₹499 plus applicable taxes, this charge is waived for cardholders who spend ₹3 lakh annually on off-Amazon eligible expenses. Overall, the Amazon Pay Kotak Business Credit Card delivers a practical combination of cash rewards, flexible liquidity management, and cost-saving incentives tailored to the needs of modern small business operations.
Kotak Mahindra Bank and Amazon Pay Partner to Offer Co-Branded Credit Card for SMEs
