M16S / Karur Vysya Bank / Karur Vysya KVB Platinum Credit Card
entry · rewards
Karur Vysya KVB Platinum Credit Card
The Karur Vysya KVB Platinum Credit Card costs Rs 599 a year, waived if you spend Rs 1,00,000 in a year. It earns 2 RP per Rs 150. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 599+ GST
- Fee waived at
- Rs 1,00,000annual spend
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 3.25%a month
Apply on kvb.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 599 |
| Annual spend that waives the fee | Rs 1,00,000 |
| Fee notes | Joining free; annual Rs 599, first year waived per MITC, later waived on Rs 1 lakh retail spend in the prior year. Add-on free on page (MITC lists Rs 200). |
Rewards
| Welcome benefit | 500 bonus reward points on activation. |
|---|---|
| Reward currency | Reward Points |
| Base earn | 2 RP per Rs 150 |
| Accelerated earn | 1.5X on restaurants, medical, books, insurance, rail tickets, movie tickets, car rentals; 2X on domestic and international travel, hotels, air tickets |
| Points expiry | Unclaimed points lapse once every 3 years, or if minimum due is unpaid for more than 60 days |
| Reward notes | Point value is not published on the pages read, so base return is not computed. Redemption fee Rs 99 per request. |
Travel and perks
| Forex markup | 3.5% |
|---|---|
| Fuel surcharge waiver | 1% waiver on Rs 500-4,000 txns, cap Rs 200 per billing cycle |
Charges and eligibility
| Interest per month | 3.25% |
|---|---|
| Late payment fee | Nil below Rs 200; Rs 100 for Rs 200-500; Rs 300 for Rs 501-2,500; Rs 500 for Rs 2,501-10,000; Rs 800 for Rs 10,001-25,000; Rs 1,000 above Rs 25,000 |
| Cash advance feeunverified | 2% or Rs 300, whichever is higher (product page); MITC shows Rs 300 or 1% |
| Eligibility | Credit limit Rs 25,000 to Rs 5 lakh; bank's eligibility criteria not published. |
| Fine-print notes | BankBazaar still shows older fees (Rs 999, waiver at Rs 3 lakh); bank page and MITC show Rs 599 and Rs 1 lakh. KVB also sells co-branded KVB SBI cards, which are issued by SBI Card and excluded here. Reward redemption fee Rs 99 per request; first redemption needs 2,000 points, later ones 250 (MITC says 800). 1% service charge on rent payments. Over-limit 2.5% min Rs 500. Rs 100 fee for cash payment at branch. A secured version against FD is available as an option. |
Questions
- What is the annual fee of the Karur Vysya KVB Platinum Credit Card?
- Rs 599 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
- What is the forex markup on the Karur Vysya KVB Platinum Credit Card?
- 3.5% of each foreign-currency transaction, before GST.