The PVR Kotak Platinum Credit Card is a perfect companion for movie lovers. This card, with an affordable annual fee of ₹999 + GST, is designed to provide exclusive movie-related rewards and offers, making it a great choice for frequent cinema-goers. Cardholders can enjoy 2 free PVR movie tickets each month by spending ₹10,000 or more in a billing cycle.
In addition to the complimentary movie tickets, the card offers attractive cashback options, such as 5% cashback on PVR movie tickets and 15% cashback on food and beverages at PVR cinemas. Although it lacks travel or lifestyle benefits, the entertainment-related perks make it a standout for cinema enthusiasts. If you enjoy catching the latest movies on the big screen, this card provides significant value at a low cost, coupled with insurance coverage for peace of mind.
- Overview
- Welcome Benefits
- Joining Fees for PVR Kotak Platinum Credit Card
- Utility Payment Charges for PVR Kotak Platinum Credit Card
- Membership Benefits of PVR Kotak Platinum Credit Card
- Rewards from PVR Kotak Platinum Credit Card
- Milestone Benefits of PVR Kotak Platinum Credit Card
- Redemption of PVR Kotak Platinum Credit Card Points
- Airport Lounge Access
- Insurance and Security
- Forex Markup Fee for PVR Kotak Platinum Credit Card
- Eligibility for PVR Kotak Platinum Credit Card
- Similar Cards to PVR Kotak Platinum Credit Card
- Relevant Links
- FAQ
Overview
| Feature | Details |
|---|---|
| Card Type | Entertainment Credit Card |
| Reward Rate | 2 complimentary PVR movie tickets per month on spends of ₹10,000 |
| Reward Value | ₹400 per movie ticket |
| Annual Fee | ₹999 + GST |
| Unique Selling Points | Movie-related rewards, food and beverage cashback at PVR |
| Rating (out of 5) | 4.6 |
Welcome Benefits
| Welcome Benefit | Details |
|---|---|
| Joining Benefit | No joining fee |
| Movie Benefit | 2 free PVR tickets after spending ₹10,000 in a monthly billing cycle |
Joining Fees for PVR Kotak Platinum Credit Card
| Fee Type | Details |
|---|---|
| Joining Fee | Nil |
| Annual Fee | ₹999 + GST |
| Renewal Fee Waivers | None |
Utility Payment Charges for PVR Kotak Platinum Credit Card
| Payment Type | Charges |
|---|---|
| Rent Payment | Not Applicable |
| Education | Not Applicable |
| Insurance | Not Applicable |
| Utilities | Not Applicable |
Membership Benefits of PVR Kotak Platinum Credit Card
The PVR Kotak Platinum Credit Card offers a range of movie-related benefits that enhance your cinema experience:
- Movie Benefits: 2 complimentary PVR movie tickets every month when you spend ₹10,000 or more in a billing cycle.
- Cashback Offers: 5% cashback on PVR movie ticket purchases and 15% cashback on food and beverages at PVR cinemas.
- Zero Liability Protection: Insurance cover of up to ₹75,000 in case the card is lost or stolen.
Rewards from PVR Kotak Platinum Credit Card
| Spend Category | Reward Rate |
|---|---|
| Movie Tickets | 2 free movie tickets (worth ₹400 each) for ₹10,000 spend |
| Cashback | 5% on movie tickets and 15% on food and beverages at PVR |
| Reward Points Cap | Up to ₹800 per month (two tickets) |
| Rewards Expire in | 2 months (movie vouchers) |
Milestone Benefits of PVR Kotak Platinum Credit Card
| Spending Milestone | Reward Earned |
|---|---|
| ₹10,000/month | 2 free PVR tickets |
Redemption of PVR Kotak Platinum Credit Card Points
Redeeming rewards with the PVR Kotak Platinum Credit Card is straightforward. After reaching the monthly spend threshold, cardholders receive a coupon code via SMS, valid for 2 months. This coupon can be used to book movie tickets on the PVR website or app.
Airport Lounge Access
This card does not provide domestic or international lounge access, as it focuses primarily on entertainment-related benefits.
Insurance and Security
The PVR Kotak Platinum Credit Card offers insurance coverage of ₹75,000 for lost or stolen cards. It also provides zero liability in case of unauthorized transactions made after the card is reported lost.
Forex Markup Fee for PVR Kotak Platinum Credit Card
| Fee Type | Details |
|---|---|
| Forex Markup Fee | 3.5% on international transactions |
Eligibility for PVR Kotak Platinum Credit Card
To apply for the PVR Kotak Platinum Credit Card, applicants must meet the following criteria:
- Age: 21 to 65 years old
- Occupation: Salaried or Self-employed
- Credit Score: 750 and above.
Card Review: PVR Kotak Platinum Credit Card
Summary
The PVR Kotak Platinum Credit Card is an excellent choice for movie lovers, offering regular free movie tickets and cashback on food and beverages at PVR cinemas. With its low annual fee and movie-centric rewards, it provides great value for frequent cinema-goers. However, it lacks travel or shopping-related perks, making it less attractive for those seeking a broader range of benefits.
Pros and Cons of PVR Kotak Platinum Credit Card
Advantages of the Credit Card:
- Regular free PVR movie tickets.
- Cashback on food and beverages at PVR cinemas.
- Low annual fee with no joining fee.
Potential Drawbacks:
- No travel, shopping, or dining-related benefits.
- No airport lounge access.
- High foreign transaction fees.
Similar Cards to PVR Kotak Platinum Credit Card
| Credit Card | Annual Fee | Key Benefits | Reward Rate |
|---|---|---|---|
| HDFC Platinum Times Credit Card | ₹500 | 25% off on movie tickets | 10x reward points on dining |
| SBI SimplyCLICK Card | ₹499 | 5x points on online spends | 10x rewards on partner spends |
| Axis MY ZONE Credit Card | ₹500 | Complimentary movie tickets every month | 5% cashback on weekends |
Comparison
- HDFC Platinum Times Credit Card offers a broader range of lifestyle benefits with discounts on dining and shopping.
- SBI SimplyCLICK is ideal for online shoppers with partner-specific rewards.
- Axis MY ZONE provides similar movie benefits but with added cashback on weekend spends.
Relevant Links
For more details and application information, visit Kotak Mahindra Bank’s official website.
FAQ
What is the annual fee for the PVR Kotak Platinum Credit Card?
The annual fee is ₹999 + GST.
How can I redeem my movie tickets?
Once you spend ₹10,000 in a billing cycle, you will receive an SMS with a coupon code for free movie tickets, redeemable at PVR cinemas.
Does this card offer travel benefits?
No, the PVR Kotak Platinum Credit Card focuses on entertainment benefits and does not offer travel-related perks.
