All Cards
visaplatinumcredit
Kotak Veer Platinum Credit Card
Kotak Mahindra Bank
shopping
Annual Fee
₹299
Joining Fee
Nil
Base Reward
2% points
Foreign Markup
3.5% on all foreign transactions.
Fee Waiver
Annual fee waiver on spending ₹50,000 or more in a year.
Interest Rate
3.5% per month (or 42% annually).
Welcome Benefits
500 Reward Points if you spend ₹500 in the first 30 days of card set-up.
Product Highlights
- 3x Reward Points per ₹200 spent towards dining, grocery, etc.
- 2 Reward Points per ₹200 spent on other categories.
- Welcome offer on the basis of your spend in the first 30 days.
- Add-on card facility at zero cost.
Rewards
Earn 3x Reward Points on every ₹200 spent towards movies, dining, grocery, and departmental stores. Earn 2 Reward Points per ₹200 spent on all other categories.
Redemption
1 Reward Point = ₹0.25.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
grocery | 3%(3x Reward Points) | No cap |
dining | 3%(3x Reward Points) | No cap |
shopping | 2%(2 Reward Points) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| BookMyShow | 3x Reward Points | online |
| PVR | 3x Reward Points | online |
Benefits & Features
1% at all fuel stations in India.
Fees & Charges
Annual Fee₹299
Joining FeeNil
Fee WaiverAnnual fee waiver on spending ₹50,000 or more in a year.
Foreign Markup3.5% on all foreign transactions.
Interest Rate3.5% per month (or 42% annually).
Cash Advance₹300 is charged for every ₹10,000 withdrawn.
Eligibility
Min Age
18 years
Max Age
65 years
Available Networks
visamastercardrupay
Pros & Cons
Pros
- No joining fee.
- Annual fee of ₹299 can be waived.
- 1% fuel surcharge waiver.
- Credit shield of ₹1,25,000.
Cons
- Annual fee applies if spending is less than ₹50,000.
- Limited to armed forces officials.
Additional Info
Specially designed for armed forces officials.
Available in select locations.
Excluded Categories
fuelrent
Partner Merchants
BookMyShowPVR