Kotak PVR Gold Credit Card

The Kotak PVR Gold credit card is a good choice for movie lovers in India. Here’s what makes it so special.

The Kotak PVR Gold Credit Card is the result of a collaboration between one of India’s leading private sector banks, Kotak Mahindra Bank, and PVR Cinemas, the country’s largest movie theatre chain.

Kotak Mahindra Bank offers a variety of financial services and banking products for retail and corporate customers. It has a number of subsidiaries in the areas of general insurance, wealth management, personal finance, investment banking and life insurance.

While most credit cards by Kotak Mahindra have been criticized for their limited rewards, the movie cards have certainly made up for this limitation. So, if you are someone who spends a major chunk of their time in movie theatres during the weekends, this card is definitely made for you. You can get the most out of your movie plans with amazing benefits on the latest flicks, along with many more exciting options.

The Kotak PVR Gold Credit Card has been created keeping in mind the lifestyle needs of the current generation and provides special offers that really make a difference in your movie going experience.

Features

  1. On spending more than ₹7,500 in a single billing cycle, you get one free movie ticket for that month. The transactions made at POS terminals as well as online are counted under this scheme.
  2. There is no joining fee.
  3. Card holders can get 2 free PVR movie tickets if they spend at least ₹15,000 within a single billing period.
  4. Shop anywhere in India using this card and for any type of products and services to get the free movie tickets
  5. Facility to get add on cards with preferred spending limits for family members
  6. Track the spending activity of each add on card by accessing your credit card account online
  7. In case your card is lost or stolen, you get complimentary lost card liability insurance cover of ₹50,000, if reported immediately.
  8. Get instant notification on your registered email address if you are eligible for a free movie ticket
  9. Easily redeem free movie tickets by sending an SMS or by logging in to the net banking facility and choosing the PVR Coupon Claim option under the Credit Card category.

Limitations

  1. The free PVR ticket offer is not applicable for PVR IMAX shows or for the Director’s Cut of movies.
  2. You will only be limited to PVR for the free tickets that you get under the offer.
  3. Customers have complained that the document verification process during application is very slow.
  4. Several customers have also complained about the lack of maturity and rudeness of the customer service representatives.

Advantages

  1. Free movie tickets up to a maximum of 24 per year, on reaching spending milestones
  2. Insurance against unauthorized use of credit card due to loss or theft
  3. Add on card facility and option to track individual card spending online

Disadvantages

  1. Only PVR motive tickets available as reward
  2. Rude behavior of customer service representatives
  3. Limited options to redeem reward points, apart from PVR movie tickets

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