The free credit card apply feature allows you to get a credit card instantly and helps you earn. Here is how you can redeem your Kotak credit card rewards: ●  Cashbacks- Your available reward points can be redeemed as cashbacks which can be transferred into your statement credit. ●  Shopping- Reward points can be redeemed while shopping at specific stores with which the credit card issuer collaborates. ●  Loyalty Programs- You can redeem your reward points through loyalty programs at hotels, restaurants and airlines.