By Shubham Sharma
Updated On September 10, 2021

Kotak League Platinum credit card is a card launched by Kotak Mahindra Bank that provides exclusive rewards and benefits on your spending. On payment of the annual fee, you get a movie voucher worth Rs 500 as a welcome gift. Furthermore, the card provides you with 4 free PVR movie tickets or 10,000 reward points on annual spending of Rs 1,25000. Also, this card comes with several other features like a 1% fuel surcharge waiver, railway surcharge waiver, zero protection liability, spend-based waiver, and much more.

Best Suited For

Movies |

Joining Fee

Rs 500 plus applicable taxes

Reward Type

Reward Points |

Product Details

  • Get a movie voucher worth Rs 500 on payment of the joining fee
  • 8x reward points on annual spending up to Rs 2 lacs on special categories and 4x reward points on other categories
  • 8x reward points on annual spending of Rs 2 lacs or above on special categories as well as other categories
  • Get 4 free PVR tickets or 10,000 Reward Points on annual spending of Rs 1,25,000
  • Protection liability up to Rs 1,25,000 in case of theft or loss of card
  • Spend based waiver on annual spending of Rs 50,000
  • 1% fuel surcharge waiver on your fuel transactions between Rs 500 and Rs 3000

Rewards and Benefits

Welcome Benefits

Get a movie voucher worth Rs 500 on payment of the joining fee

Movie & Dining

Get a movie voucher from BookMyShow.com worth Rs 500

Rewards Rate

You get 8x reward points for every 150 spent on special categories and  4x reward points on every 150 spent on other categories up to 2 lacs. You 8x reward points on every Rs 150 spent on special categories and other categories above Rs 2 lacs.

Reward Redemption

You can redeem the reward point accumulated at the Kotak rewards portal. You can use the Pay with Points facility provided by the bank at the partner merchant store.

Travel

NA

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

Get a protection liability up to Rs 1,25,000 in case of theft or loss of card up to 7 days

Fees & Charges

Joining Fee

Rs 500 plus applicable taxes

Renewal Fee

Rs 499 plus applicable taxes

Spend based Waiver

Get spend based waiver on the annual fee of Rs 500 on annual spending of Rs 50,000.

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% on the conversion amount

Interest Rates

3.50% per month (42% per annum)

Fuel Surcharge

1% fuel surcharge waiver on your fuel transactions between Rs 500 and Rs 3000

Cash Advance Charge

Rs 300 on the withdrawal amount

Add-on Card Fee

Nil

Kotak League Platinum Credit Card Welcome Benefit

As a welcome gift, you get a movie voucher worth Rs 500 on payment of the joining fee. The information regarding your movie voucher shall be communicated at your registered phone number or email Id via SMS or mail. The movie voucher can be availed by league platinum card variant only

Accelerated Reward Point

  • You can earn up to 8x reward points on annual spending up to Rs 2 lacs on special categories and 4x reward points on other categories
  • You can get up to 8x reward points on annual spending of Rs 2 lacs or above on special categories as well as other categories
  • Special categories can be classified into the following Airlines and Air Carriers, Electric Sales, Durable Goods, Departmental Stores, Travel Agencies & Tour Operators, Package Tour Operators

Milestone Benefits

With Kotak League Platinum credit card, on the spending of Rs 1,25,000, you get either of the following

  • 4 free PVR tickets on annual spending of Rs 1,25000
  • 10,000 Reward Points on annual spending of Rs 1,25,000

You can avail a maximum of 8 free PVR tickets using this credit card. The PVR tickets provided with the card are transferable can be used at any show on any day of the offer period. You will receive Star PassCode which can be redeemed for online ticket bookings with PVR cinemas at www.pvrcinemas.com. The complimentary tickets can be availed within 3 months of the program offer period. In a case, where the cost of the tickets provided are more than Rs 400, the cardholder shall liable to pay the differential amount for the tickets

The 10,000 reward points accrued shall be redeemed in the next billing cycle. These reward points accumulated can be redeemed against a variety of redemptions options like movie tickets bookings, airline bookings, mobile recharges, exclusive merchant stores.

Other Benefits

  • You get a 1% fuel surcharge waiver on your fuel transactions between Rs 500 and Rs 3000. The maximum fuel surcharge waiver is subject to the limit of Rs 3500. No reward points get accrued on fuel transactions
  • You can get a railway surcharge waiver of up to Rs 500 annually.
  • Get a protection liability up to Rs 1,25,000 in case of theft or loss of card up to 7 days
  • You get spend based waiver on the annual fee of Rs 500 on annual spending of Rs 50,000.

Eligibility Criteria

  • The applicant should be a resident of India.
  • The applicant should be of age between 21 years to 65 years
  • Net Income of Self-Employed or Salaried person should be Rs 5,00,000 or above
  • You can avail of this credit card at the following mentioned locations Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Pune, Ahmedabad, and Bangalore,

Conclusion

Kotak League Platinum credit card is an entry-level card that provides you with exciting benefits and privileges on travel, entertainment, and other spendings. The card offers 8x reward points on spending up to Rs 2,00,000 on special categories such as Airlines and Air Carriers, Electric Sales, Durable Goods, Departmental Stores, Travel Agencies & Tour Operators, Package Tour Operators. If you are a movie buff and like to spend on movies then this card might just be for you. With this card, you can get up to 8 tickets every year, in form of milestone benefits. What do you think about this credit card? Do let us know in the comments below.

FAQs:

Yes, you can use Kotak League Platinum credit card for foreign transactions.

The annual fee charged on this credit card is Rs 499

Special categories can be classified into the following Airlines and Air Carriers, Electric Sales, Durable Goods, Departmental Stores, Travel Agencies & Tour Operators, Package Tour Operators

Railway surcharge waiver subject to the value up to Rs 500

The interest rate charged on this credit card is 3.5 % per month ( 42% per annum)

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