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Frequently Asked Questions

What is the process to apply for Kotak Best Price cards?

You will need to contact our financial associates at the Financial services helpdesk within the Best Price stores for the same.

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Am I entitled for an Add-On card to be given to my business managers?

You can avail up to 2 Add On cards for your family members or business managers for them to make purchases on your behalf. These add on cards would be issued at the behest of the primary card holder and the monthly statement of purchases carried out would be sent along with the monthly statement.

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How do I benefit from my “Kotak Best Price business card”?

Your “Kotak Best Price business card” presents you with “Business-credit advantage”. Kotak Mahindra Bank in partnership with Best Price offers you not only with business card convenience but also extends benefits that would enhance your business efficiencies. It will be a handy tool for cash-flow-management for your business.

  • You would enjoy convenience for purchase of high value purchases as there is no need to carry cash.
  • You would get a credit line with Interest free period up to 14 days for commercial purchases done for your entity.
  • You would be provided with a monthly statement for purchases made in a month which would include date wise summary of purchases for better tracking.
  • You can also view your account anytime through online banking
  • Your employees are empowered to make purchases on behalf of you without carrying cash.

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What are the features of Kotak Best Price business cards?

On Kotak Best Price Business card & Kotak Best Price Business card - Corporate - Enjoy 14days credit cycle that starts afresh on every transaction on your Kotak Best Price Business credit card. Each transaction on this card needs to be backed by a PDC of the total purchase amount when the card is swiped in a Best Price store. Both these cards can only be used inside Best Price Stores.

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Do I enjoy benefit of Balance Transfer (BT) on Kotak Best Price Cards?

We may extend this feature subsequently to a select few amongst the Kotak Best Price Card members. The same would be governed by an internal policy on risk assessment of credit card members. Currently this feature is not activated.

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