PVR Kotak Platinum Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

No fee to join. Receive 2 complimentary PVR movie tickets each month when you spend Rs. 10,000 or more. Coverage for lost cards provided by insurance. Protection from any liability in case of a lost or stolen card.

The PVR Kotak Platinum Credit Card is a solid choice for movie enthusiasts, offering a range of benefits and features that cater specifically to this interest.

With a joining fee of Nil and a renewal fee of Rs. 999 + GST, it provides good value for money.

The reward type associated with this card is Reward Points, allowing cardholders to accumulate points on their movie-related transactions.

Unfortunately, there are no welcome benefits, movie dining perks, shopping advantages, or travel benefits available with this card.

Domestic and international lounge access as well as golf privileges are also not included in the offerings.

However, the PVR Kotak Platinum Credit Card does provide the valuable feature of insurance cover in case the card is lost or stolen.

This can provide peace of mind and financial protection to cardholders in unfortunate situations.

While there is no spend-based waiver for the renewal fee, the rewards redemption fee is Nil, making it easy and cost-effective for cardholders to redeem their accumulated points.

It's worth noting that this card does carry a foreign currency markup of 3.5% on all foreign currency spends.

This may not make it the best choice for frequent international travelers as the additional cost can add up over time.

The interest rate on this card is 3.5% per month, which is fairly standard compared to other credit cards in the market.

However, the fuel surcharge of 1% is applicable at all fuel stations, so it's important to keep this in mind when using the card for fuel purchases.

In terms of cash advance, cardholders can withdraw Rs. 300 per withdrawal of Rs. 10,000.

While this can be convenient in emergencies, it's advisable to use this feature sparingly due to the associated fees.

In conclusion, the PVR Kotak Platinum Credit Card is a suitable choice for movie enthusiasts looking for a card that aligns with their interests.

With its focus on movies and the added insurance benefit, it offers a decent value proposition.

However, potential cardholders should be aware of the foreign currency markup, fuel surcharge, and cash advance fees before making a decision.