The accumulated points can be redeemed for cash, airline tickets, air miles, mobile recharge, movie tickets, branded merchandise and so on.
Add-on card fee: Rs 299.
Interest Charges on outstanding balances: 3.50% per month (annualized: 42% per annum).
There is no Welcome Gift available with Kotak Essentia Platinum Credit Card.
Get 10% savings on departmental and grocery store spending.
The cardholder will get 10 saving points on spending Rs 100 at departmental and grocery stores.
Re 1= 1 saving point.
Earn 1 saving point for every spending of Rs 250 on other categories.
The add-on cards will also have the same benefits as that of the main card.
The cardholder can set the spending limit on the add-on card as per the requirements and can track the same separately on each of the add-on cards.
Spend Rs 1,25,000 every 6 months and get 6 free PVR movie tickets or 1200 reward points.
One Identity Proof issued by the government of India – Election Voters ID, Driving License, Aadhaar Card, Passport, Ration Card.
Proof of Income – Last 3 months salary slip or last 3 months bank statement.
Duly filled in application form of Kotak Mahindra Bank Credit Card.
Address Proof – Electricity Bill (latest or previous month), Phone Bill (latest or previous month), Rental agreement, Flat maintenance bill (latest or previous month), bank statement (latest or previous month), Passport, Driving License