Wednesday, November 20News That Matters

Kotak PVR Platinum Credit Card – Review, Details, Offers, Benefits, Fees, How To Apply, Eligibility, Status, Limit

Kotak Bank – PVR Platinum credit card is a card designed for movie lovers (Get 24 free PVR movie tickets a year).

Kotak PVR Platinum Credit Card Benefits

  • Joining Benefits
    • Apply and get 1 PVR voucher code on your 1st swipe
  • Benefits
    • Get 2 free PVR movie tickets* every month when you spend Rs. 10000/- and above in a monthly billing cycle
    • PVR have movies theatres in 50+ cities across India
  • Lounge Access (Domestic): No Benefit on this card
  • Movie Tickets: 
    • Spend Rs. 10000 every month and get 2 free PVR tickets every month (approx worth Rs 500)
  • Restaurant Offers: NA
  • Fuel:   N/A

Rewards Collection

  • No separate reward points – you get free PVR tickets

Rewards Redemption

  • You will be informed about your eligibility for the Free PVR Movie Ticket(s) through a SMS and emailer send automatically to your mobile number and email ID registered with us upon Credit Card statement generation once you swipe your card for the eligible amount.
  • You can claim your coupon codes for the Free PVR Movie Ticket(s) for a billing cycle within the next two billing cycles by either sending a SMS PVRKCC space the first three letters of the month name i.e. APR to 5676788 from your registered mobile number or log into Net Banking by visiting www.kotak.com. Once you claim, a SMS and emailer with your coupon codes will be sent to your mobile number and email ID registered with us.
  • Log on to www.pvrcinemas.com and use coupon (MCOUPON ). Discount that can be availed per Coupon Code per tickets is capped at Rs. 400.
  • You will get 24 PVR tickets (worth Rs 9600) on monthly spend of Rs 10000, giving you 8% worth of rewards

Kotak PVR Platinum Credit Card Fees

  • Joining fees: NIL
  • Annual Fee: Rs 999 (waived on annual spend of Rs 50000)

 

Benefits Example

Spend Offer Monthly Spend Annual Spend Benefit  (Annual) Reward %
Any spend 24 PVR tickets 10000 120000 9600 8%
TOTAL Saving 10000 120000 9600 8.0%
Annual Fees waived on 50K annual spend 0
Net Saving 9600
Reward  / Cashback % 8.00%

Condition: To get full benefit, the minimum spend required is Rs 10000 per month (Rs 120000 annum)

 

How to Apply – You can apply online at Kotak Bank website 

  • Primary credit cardholder should be in the age bracket of 21 – 65 years. Add-on credit cardholder should be 18 years or above
  • Location – Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune

Summary

This is a reward credit card from Kotak bank which gives you PVR tickets. If you are movie lover, then this card will be useful for you. On an annual spend of Rs 120000, you get 24 PVR tickets (worth approx 9600) giving a reward rate of 8%

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