Kotak Bank League Platinum Credit Card

As a working professional, it might get cumbersome to manage work and your finances. Kotak League Platinum Card is tailor-made keeping in mind the special requirements of professionals and help you manage your personal finances easily. With this Kotak credit card, you will earn exciting cashbacks on lifestyle and entertainment spendings and offer a host of other benefits every time the user shops using this card.

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Features of Kotak League Platinum Card

The key features of Kotal League Platinum Card are given below:

  1. The card offers eight reward points on every Rs.150 spent
  2. On joining, the card holders will receive 5000 reward points worth Rs.500
  3. Offers fuel surcharge offer up to Rs.3,500 per year
  4. Annually up to Rs.500 will be offered as railway surcharge waivers
  5. Offers four PVR tickets or 1000 reward points on spending Rs.1.25 lakh every six months

Note:

  1. Special categories earning Premier reward points are Travel Agencies & Tour Operators, Airlines and Air Carriers, Package Tour Operators Departmental Stores, Electric Sales, and Durable Goods.
  2. On every card anniversary year, annual spending will be calculated.
  3. Joining gift is applicable for league joining fee variant only.
  4. The add-on card benefits are the same as that of the primary card.
  5. The spending limit can be set and tracked as per requirement.
  6. Customers who fall under non - PVR location city will not be applicable to avail themselves of PVR ticket benefits.
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Fees and Charges of Kotak League Platinum Card

The fees and charges related to Kotak League Platinum Card is given in the table below:

Fee

Amount or Charges

Annual Fee

The Rs.499. Annual fee will be waived off on minimum retail spends of Rs.50,000 on first year and also from second year onwards.

Late Payment Charges

  1. Statement balance ess than Rs.100: Nil
  1. Rs.100 to Rs.500: Rs.100
  1. Rs.501 to Rs.1000: Rs.500
  1. Rs.1,001 to Rs.5000: Rs.500
  1. Rs.5,001 to Rs.10,000: Rs.600
  1. Rs.10,001 to Rs.25,000: Rs.800
  1. Rs.25,001 to Rs.50,000: Rs.1000
  1. More than Rs.50,000: Rs.1,200

Cheque Bounce Payment

Minimum of Rs.500 (2.00% of bounce amount)

Overlimit charge

Rs.500

Cash withdrawal/fund transfer/call a draft for Rs.10,000 or a part thereof

Rs.500 or 2.50% of advance amount (whichever is higher)

Interest Charges on outstanding balance

3.50%

Foreign currency mark up

3.50%

Add-on Card

Complimentary

Cash Payment at Branch

Rs.100

Card Replacement Charges

Rs.100

Balance enquiry at other ATM and machine surcharge at ATMs

Nil

Charges for duplicate statement issuance and charge slip retrieval charge

Nil

Railway Booking Surcharge (1.8%/2.5% on transaction amount)

Waived (Rs.500 in a calendar year) 

Fuel surcharge 

Waived (only for transactions between values of Rs.500 to Rs.3000 and maximum Rs.3,500 in a calendar year)

Kotak League Platinum Card Eligibility Criteria

The following is a list of eligibility criteria to avail Kotak League Platinum credit card:

  1. The applicant should be a resident of India and should be aged between 21 years to 65 years. Add-on cardholder should be over 18 years.
  1. The applicant should be a resident of the country.
  1. The locations of the customer should be in any of the following cities, such ads Ahmedabad, Chandigarh, Delhi NCR, Mumbai & Navi Mumbai, Bangalore, Chennai, Hyderabad, Pune and Kolkata.
  1. The applicant should be earning an annual income of Rs.5 lakh and above.
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FAQs on Kotak League Platinum Credit Card

  • Can I use my Kotak League Platinum card overseas?

    Yes, you can use this card internationally. Whenever an international transaction is made, a markup fee of 3.5% is charged for cash and retail spending.

  • How to Redeem Reward Points for Kotak League Platinum Card?

    Customers can easily redeem the reward points against a variety of options like airline tickets, air miles, cash options, movie tickets, merchandise and mobile recharges. Customers just have to login using CRN, dynamic access code and password and choose Rewards Redemption under credit cards.

  • What is the maximum railway surcharge waiver that I can get?

    You can get a maximum waiver of up to Rs.500 annually as railway surcharge waiver.

  • Can I get an add-on card with the same features as the Kotak-league Platinum card?

    Yes, you can get a add-on credit cards for family members over 18 years. All the benefits will be offered to the add-on card as well.

  • What is the Milestone Feature that is offered with the Kotak League Platinum card?

    Milestone feature offered with Kotal League Platinum credit card allows the users to obtain either four free PVR tickets or 10,000 reward points on spending Rs.1.25 lakh every six months.

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