* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.
The PVR Kotak Platinum Credit Card gives 2 PVR movie tickets every month on spending ₹10,000 & above and 15% cashback on food and beverages & 5% cashback on movie tickets at PVR.
No other rewards can be earned on spending with this card, effectively leading to a zero net reward yield for most people.
The 811 #DreamDifferent Credit Card is the best entry level credit card from Kotak Mahindra Bank, with a net rewards yield of 0.4 – 1.0%.
The Kotak IndiGo Ka-ching 6E Rewards XL Credit Card is the best choice for Kotak Mahindra Bank customers who charge ₹20,000+ a month on their card. You can earn a net rewards yield of up to 2.3% with this card.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
The Rewards
Card
PVR Kotak Platinum Credit Card
Card Type
Cashback
Cashback Features
15% Cashback on Food and Beverages at PVR
5% Cashback on Movie tickets at PVR Box Office
Milestone Rewards
2 Free PVR movie tickets every month on spending ₹10,000
Other Rewards
Nil
Rewards Redemption Fee
Nil
Cashback Caps
Unlimited
Preferred Redemption Method
Redeem for PVR Coupons
Fees & Charges
Card
PVR Kotak Platinum Credit Card
Joining Fee
Nil
Annual Fee
₹999 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
N/A
Income Criteria
Salaried
N/A
Self-employed
N/A
Supplementary Card Fee
Free
Interest Rate
42.00%
Foreign Currency Markup
3.50%
Cash Advance Charge
₹300 on every withdrawal of ₹10,000
References & Footnotes
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Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.