Kotak League Platinum credit card is a card launched by Kotak Mahindra Bank that provides exclusive rewards and benefits on your spending. On payment of the annual fee, you get a movie voucher worth Rs 500 as a welcome gift. Furthermore, the card provides you with 4 free PVR movie tickets or 10,000 reward points on spending Rs 1,25000 every six months. Also, this card comes with several other features like a 1% fuel surcharge waiver, railway surcharge waiver, zero protection liability, spend-based waiver, and much more.
- Joining Fee- Rs. 500 plus applicable taxes
- Renewal Fee- Rs 499 plus applicable taxes
- Best Suited For- Movies
- Reward Type- Reward Points
- Welcome Benefits- Get a movie voucher worth Rs 500 on payment of the joining fee
Rewards and Benefits
- Movie & Dining- Get a movie voucher from BookMyShow.com worth Rs 500
- Rewards Rate– You get 8x reward points for every 150 spent on special categories and 4x reward points on every 150 spent on other categories up to 2 lacs. You 8x reward points on every Rs 150 spent on special categories and other categories above Rs 2 lacs.
- Reward Redemption- You can redeem the reward point accumulated at the Kotak rewards portal. You can use the Pay with Points facility provided by the bank at the partner merchant store.
- Travel- NA
- Golf- NA
- Domestic Lounge Access- NA
- International Lounge Access- NA
- Insurance Benefits- NA
- Zero Liability Protection- Get a protection liability up to Rs 1,25,000 in case of theft or loss of card up to 7 days
Fees & Charges
- Spend based Waiver- Get spend based waiver on the annual fee of Rs 500 on annual spending of Rs 50,000.
- Rewards Redemption Fee- Nil
- Foreign Currency Markup- 3.5% on the conversion amount
- Interest Rates- 3.50% per month (42% per annum)
- Fuel Surcharge- 1% fuel surcharge waiver on your fuel transactions between Rs 500 and Rs 3000
- Cash Advance Charge- Rs 300 on the withdrawal amount
- Add-on Card Fee- Nil
Product Details
- Get a movie voucher worth Rs 500 on payment of the joining fee
- 8x reward points on annual spending up to Rs 2 lacs on special categories and 4x reward points on other categories
- 8x reward points on annual spending of Rs 2 lacs or above on special categories as well as other categories
- Get 4 free PVR tickets or 10,000 Reward Points on spending Rs 1,25,000 every 6 months
- Protection liability up to Rs 1,25,000 in case of theft or loss of card
- Spend based waiver on annual spending of Rs 50,000
- 1% fuel surcharge waiver on your fuel transactions between Rs 500 and Rs 3000
Kotak League Platinum Credit Card Features and Benefits
The Kotak Bank League Platinum Credit Card is a basic credit card that comes with decent privileges across different categories. The following are the detailed features and benefits of this card:
Welcome Benefit
As a welcome gift, you get a movie voucher worth Rs. 500 on payment of the joining fee. The information regarding your movie voucher shall be communicated at your registered phone number or email Id via SMS or mail. The movie voucher can be availed by league platinum card variant only.
Milestone Benefits
With Kotak League Platinum credit card, on the spending of Rs 1,25,000 every six months, you get either of the following –
- 4 free PVR tickets on annual spending of Rs 1,25000
- 10,000 Reward Points on annual spending of Rs 1,25,000
You can avail a maximum of 8 free PVR tickets using this credit card. The PVR tickets provided with the card are transferable can be used at any show on any day of the offer period. You will receive Star PassCode which can be redeemed for online ticket bookings with PVR cinemas at www.pvrcinemas.com. The complimentary tickets can be availed within 3 months of the program offer period. In a case, where the cost of the tickets provided are more than Rs 400, the cardholder shall liable to pay the differential amount for the tickets
The 10,000 reward points accrued shall be redeemed in the next billing cycle. These reward points accumulated can be redeemed against a variety of redemptions options like movie tickets bookings, airline bookings, mobile recharges, exclusive merchant stores.
Fuel Surcharge Waiver
You get a 1% fuel surcharge waiver on your fuel transactions between Rs 500 and Rs 3000. The maximum fuel surcharge waiver is subject to the limit of Rs 3500. No reward points get accrued on fuel transactions
Railways Surcharge Waiver
You can get a railway surcharge waiver of up to Rs 500 annually on transactions at the IRCTC website or at Indian Railways Booking Counters.
Renewal Fee Waiver
You get spend based waiver on the annual fee of Rs 500 on annual spending of Rs 50,000 or above.
Fraud Liability Protection
Get a protection liability up to Rs 1,25,000 in case of theft or loss of card up to 7 days.
Kotak League Platinum Credit Card Rewards
- You can earn up to 8x reward points on annual spending up to Rs 2 lacs on special categories and 4x reward points on other categories
- You can get up to 8x reward points on annual spending of Rs 2 lacs or above on special categories as well as other categories
- Special categories can be classified into the following Airlines and Air Carriers, Electric Sales, Durable Goods, Departmental Stores, Travel Agencies & Tour Operators, and Package Tour Operators.
Reward Redemption
The Reward Points you earn using this credit card can be redeemed against a host of options including products, gift vouchers, travel bookings, etc on the Kotak Rewards portal.
Kotak Bank League Platinum Card Eligibility Criteria
The eligibility requirements for the Kotak bank League Platinum Credit Card are as mentioned below:
- The applicant should be a resident of India.
- The applicant should be of age between 21 years to 65 years
- The net Income of a Self-Employed or Salaried person should be Rs 5,00,000 or above
- You can avail of this credit card at the following mentioned locations Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Pune, Ahmedabad, and Bangalore,
Documents Required
The documents that you will need to submit/upload in order to apply for the Kotak League Platinum Credit card are as follows:
- PAN Card and a passport-sized photograph.
- Identity Proof: Aadhar Card, Voter’s Id, PAN Card, Passport, Driving License, etc.
- Address proof: Aadhar Card, Latest utility bills, Driving License, etc.
- Proof of Income: Latest bank statements/salary slips, or latest ITR.
How To Apply For The Kotak Bank League Platinum Credit Card?
You can apply for the Kotak Bank PVR Gold Credit Card online as well as offline at your convenience. To apply offline, visit your nearest Kotak Bank branch with all the required documents and apply for the card by filling in the physical application form.
To apply online, follow the below-mentioned steps carefully:
- Click on the Apply Now button on the top of the page.
- Under the section ‘Explore Products,’ select ‘Cards’ and then ‘Credit Cards.’
- Find the PVR Kotak Gold Credit Card and click on Apply Now under that.
- Proceed further accordingly.
Conclusion
Kotak League Platinum credit card is an entry-level card that provides you with exciting benefits and privileges on travel, entertainment, and other spends. The card offers 8x reward points on spending up to Rs 2,00,000 on special categories such as Airlines and Air Carriers, Electric Sales, Durable Goods, Departmental Stores, Travel Agencies & Tour Operators, and Package Tour Operators. If you are a movie buff and like to spend on movies then this card might just be for you.
With this card, you can get up to 8 tickets every year, in form of milestone benefits. And if you want to have a similar card with more exclusive features, you can check the Kotak Essentia Platinum Credit Card. What do you think about this credit card? Do let us know in the comments below.
