Amazon Pay and Kotak Mahindra Bank have announced a co-branded credit card designed for sole proprietors and small business owners. The Amazon Pay Kotak Business Credit Card is available to registered users of Amazon Business, the digital procurement platform, and offers cashback rewards and an extended interest-free credit period, helping entrepreneurs manage business purchases more efficiently while preserving working capital.
What the Amazon Pay Kotak Business Credit Card offers
- 5% cashback on eligible Amazon Business purchases and flight and hotel bookings for Prime members and 3% cashback for non-Prime members (capped at 5% of the monthly credit limit)
- 2% cashback on bills and recharges through Amazon Pay and 1% cashback on all other spends
- Up to 48 days interest-free credit period and three-month No Cost EMIs on eligible purchases
- Nil joining fee and annual fee of ₹499 plus taxes, waived on eligible annual spends of ₹3 lakh on Off-Amazon purchases
- Offers for small businesses on AWS credits for AI services, cloud computing & data storage
India’s MSME sector, comprising over 94 million enterprises registered on the Udyam portal, contribute over 30% of the country’s GDP. Yet many small business owners lack access to formal credit products designed specifically for their business needs. The Amazon Pay Kotak Business Credit Card is purpose-built to bridge this gap, combining cashback rewards, GST-compliant invoicing, and working-capital flexibility into a single, digitally accessible solution tailored for sole proprietors across India.
