Kotak Bank Essentia Platinum Credit Card

A credit card designed keeping the savvy shopper in mind, the Kotak Bank Essentia Platinum Credit Card has a joining fee of Rs.1,499. The annual fee on this card is Rs.749 and is applicable from the second year onwards. Additionally, the interest rate you are charged on your outstanding balance is 40.8% p.a.

Key Highlights of the Kotak Bank Essentia Platinum Credit Card

• This card is best for those who prefer using their credit card for their daily departmental store and grocery spends.
• Earn 2 BookMyShow vouchers on its 1st swipe within 60 days of the swipe.

Kotak Bank Essentia Platinum Credit Card – Daily Shopping Benefits

• For transactions valued between Rs.1,500 and Rs.4,000, you earn 10 Saving Points for every Rs.100 spent at grocery and departmental stores and the value of each point is Re.1.
• The maximum points that can be earned in a month are 500.

The features and benefits of the Kotak Bank Essentia Platinum Credit Card are mentioned below:

Extra savings:

• You earn 1 Saving Point for every Rs.250 spent on other categories (non-departmental & non-grocery).

Attractive redemption choices:

• The accumulated saving points can be easily redeemed online for cash, airline tickets, air miles, movie tickets, mobile recharge, and branded merchandise.
• For redeeming the points for airline tickets, merchandise, and mobile recharge, the reward points must be converted into Easy Points and 1 Saving Point = 2 Easy Points.

More offers and benefits:

• You are also eligible to avail a host of promotional offers such as dining deals, vacation offers, etc.

Priority service:

• Get access to priority customer service with KASSIST. Just send an SMS KASSIST to 5676788 from the registered mobile number and get a call from the bank within 30 mins for assistance.

Add-on cards:

• Kotak bank add-on credit cards have the same benefits and features as the primary card. You can set individual limits on each card and track spends on them.

Contactless facility:

• The Visa payWave feature in the card allows you to pay for transactions of up to Rs.2000 using the contactless facility without entering your card PIN. It makes it a safer, secured, and faster mode of payment.

Milestone rewards:

• On spending Rs.1.25 lakh in 6 months with the card, you earn 1200 Reward Points or 6 complimentary PVR tickets.
• For redeeming these points, you can opt for a maximum of 12 complimentary PVR tickets every year.
• You can also opt to adjust the points with your next billing cycle statement or even choose one from air tickets, air miles, mobile recharge, movie tickets, and branded merchandise.