Kotak Bank – Urbane Gold credit card offers additional reward points on your credit card spend.
Kotak Urbane Gold Credit Card Benefits
- Joining Benefits : N/A
- Benefits
- Earn 3X reward points against every Rs. 100/- of retail spends (w0rth Rs 0.22 i.e 0.22%)
- Every 1000 reward points have a redeemable worth of Rs. 75/- (1 point = 7.5p)
- Minimum 1000 points required for redemption
- Milestone Benefits:
- Spend Rs. 1, 00,000 in a year and get 4 free PVR tickets or 10,000 reward points (worth Rs 750)
- Lounge Access (Domestic): No Benefit on this card
- Movie Tickets: 4 Free tickets on milestone spend
- Restaurant Offers: N/A
- Railway Surcharge waiver: N/A
- Fuel: N/A
Rewards Collection
- Earn 3X reward points against every Rs. 100/- of retail spends (w0rth Rs 0.22 i.e 0.22%)
- Spend Rs. 1, 00,000 in a year and get 4 free PVR tickets or 10,000 reward points (worth Rs 750)
Rewards Redemption
- Redemption Option 1 (PVR Tickets):
- PVR tickets can be used for any day and any show and are transferrable
- Star Pass Code will be issued which can be redeemed for online PVR Movie Ticket booking at www.pvrcinemas.com
- You can claim your PVR tickets within 3 months after the program period gets over
- If price of the ticket is more than Rs. 400, the difference amount shall be paid by the cardholder along with booking/convenience fees
- Redemption Option 2 (reward Points):
- Reward points will be credited in the next billing cycle
- Reward points can be used for a host of redemption options like Airtickets, Airmiles, Movie Tickets, Mobile Recharge / Branded Merchandise
- You can claim your reward points within 3 months after the program period gets over
- Pay with Reward Points:
- Pay without cash. Pay without card
- Now with your Kotak credit card reward points are converted into currency at merchant outlets when you shop with your Kotak Credit Card. Know more
- Redemption options:
- Cash | Airline tickets | Air Miles | Movie Tickets | Mobile Recharge | Branded Merchandise
- Visit www.kotak.com
- Click on Net Banking
- Login using your CRN, Password & Dynamic Access Code
- Choose Credit Cards
- Select Reward Redemption option of your choice.
- Please note: For redemption against Airline tickets / Merchandise / Mobile recharge, Reward points have to be converted to Easy Points. 5 Reward Point = 1 Easy Point.
Kotak Urbane Gold Credit Card Fees
- Joining fees: Rs 0
- Annual Fee: Rs 199 (waived on annual spend of Rs 15000)
How to Apply – You can apply online at Kotak Bank website
- Primary Credit Card holder should be in the age bracket of 21 to 65 years. Add-on Card holder should be 18 years and above
- Location – Ahmedabad, Bangalore, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune
- Income – 3 Lakhs and above per annum
Summary
This is a low fee card (Rs 199) that is also waived at low annual spend. The only main benefit if 4 PVR tickets on hitting 1 lakh annual spend( approx 1.6%).