Kotak Bank – Kotak Silk Inspire credit card offers additional reward points on online spends.
Kotak Silk Inspire Credit Card Benefits
- Joining Benefits : N/A
- Additional reward points on amount Spend on Apparels (Earn 5X reward points on every Rs 100 spend). Max 500 reward points per month and minimum retail spend of Rs 7500 in a billing cycle – worth 5% cashback
- Earn 1 reward points for every Rs.100 on other spends – worth 1% cashback
- Lounge Access (Domestic): No Benefit on this card
- Spend Rs. 1, 25,000 every 6 months and get 4 free PVR tickets or 1000 reward points. i.e 8 tickets per month (worth Rs 3200)
- Restaurant Offers: N/A
- Railway Surcharge waiver: N/A
- Enjoy fuel surcharge waiver across all petrol pumps in India. Fuel surcharge to be waived only for transactions between Rs.500 and Rs.3000, up to a maximum of Rs.3500 in a calendar year
- Earn 5X reward points on every Rs 100 spend on apparel purchases.
- Earn 1 reward points for every Rs.200 on other spends
- Spend Rs. 1.25 lakh every 6 months and get 4 PVR tickets free
- Reward points can be used for a host of redemption options like Airtickets, Airmiles, Movie Tickets, Mobile Recharge / Branded Merchandise
- 1 reward point = Rs 1
- 1 Reward point = 2 EasyPoints
Kotak Solaris Platinum Credit Card Fees
- Joining fees: Rs 599
- Annual Fee: Rs 599 (waived on retail spend of Rs 125000 in a year)
Kotak Solaris Platinum Benefits Example
|Monthly||Annual||Offer||Benefit (Annual)||Approx Benefit %|
|Groceries – Online||5000||60000||1X/ 200||300||0.5%|
|Other Online||2000||24000||1X/ 200||120||0.5%|
|Other Offline||4000||48000||1X/ 200||240||0.5%|
|Apparel||2000||24000||5X / 100||1200||5.0%|
|Air / Hotel||1000||12000||1X/ 200||60||0.5%|
|Utilities (Gas / Elec)||3000||36000||1X/ 200||180||0.5%|
|Other benefits||8 PVR Tickets||3200||1.3%|
Condition: To get full benefit, the minimum spend required is Rs 250000 per annum
How to Apply – You can apply online at Kotak Bank website
- Primary Card holder should be in the age bracket of 18 years to 75 years. Add-On Card holders should be 18 years and above.
- Location – Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune
- Credit card against term deposit (minimum Term Deposit – Rs 50000)
This credit card is issued only against term deposit. The card offers approx 0.5% on normal spending, 5% on apparel purchases and free PVR tickets.
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