Kotak Essentia Platinum Credit Card

The Kotak Essentia Platinum CreditCard is great for you if you tend to shop at departmental stores and grocery stores very often. This credit card is designed to facilitate 10% savings each time it is used at groceries stores or departmental stores. As a holder of this credit card, you can also enjoy several other benefits like card insurance and quality customer assistance. 

The Kotak Bank Essentia Platinum Credit Card has a Rs.1,499 registration fee and is built with the wise shopper in mind. This card has an annual cost of Rs.749, which is applicable from the second year onwards. In addition, the interest rate on your outstanding debt is 40.8 percent per annum.

The Kotak Essentia Platinum Credit Card offers up to a 10% discount on all departmental and grocery store purchases. Aside from the savings, you'll get benefits like exclusive customer service, card protection insurance, and more.

• This Kotak Credit Card is ideal for those who want to pay for their everyday department shop and grocery purchases with their credit card.
• Within 60 days following the first swipe, earn 2 BookMyShow coupons.

• You get 10 Saving Points for every Rs.100 spent at supermarket and departmental stores for transactions between Rs.1,500 and Rs.4,000, with each point worth Rs.1.
• In a month, you can earn a maximum of 500 points.

• Extra savings: For every Rs.250 spent on other categories, you receive 1 Saving Point (non-departmental & non-grocery).

• Redeemable options that are appealing: Saving points can be redeemed for cash, airline tickets, air miles, cinema tickets, mobile recharge, and branded products conveniently and quickly online.

• More advantages and incentives: You can also take advantage of a variety of promotional deals, such as restaurant specials and vacation packages.

• Priority customer service: With KASSIST, you can get priority customer service. Simply text KASSIST to 5676788 from your registered cellphone number, and you will receive a call from the bank within 30 minutes.

• Add-on cards include: The perks and characteristics of Kotak bank add-on credit cards are the same as those of the primary card. You may establish separate spending restrictions for each card and keep track of how much you spend.

• Contactless facility: The Visa feature on the card allows you to use the contactless facility to pay for transactions up to Rs.2000. It makes it a more secure, faster, and safer method of payment.

• Rewards for achieving milestones include:

1. You can earn 1200 Reward Points or 6 complimentary PVR tickets if you spend Rs.1.25 lakh on the card in 6 months.

2. You can choose from a maximum of 12 complimentary PVR tickets each year when redeeming your points.

3. You can also choose from air tickets, air miles, mobile recharge, cinema tickets, and branded products when you receive your next payment cycle statement.

The following are the eligibility requirements for the Kotak Essentia Platinum Credit Card:

• The applicant must be between the ages of 21 and 65.
• The bearer of an add-on credit card must be at least 18 years old.
• Only Indian citizens are eligible to apply.

You must have a set of documents ready in order to apply for a Kotak Bank Essentia Platinum Credit Card. The bank uses these documents to carry out customer due diligence and KYC. The documents required to apply for this credit card are:

• Proof of address documents like Aadhaar card, passport, voter ID, driving licence, ration card, rent agreement, utility bills

• Proof of identity documents such as PAN card, Aadhaar Card, voter ID, passport, ration card and driving licence

• Proof of income like salary slips and bank statements

This Credit Card is not currently available on the Bajaj Markets website. Those interested in applying for the card can do so either on the Kotak Mahindra Bank's official website or at a branch near them.