M16SCredit cards, explained without the jargon Sign in

M16S / Kotak Mahindra Bank / PVR Kotak Platinum Credit Card

entry · cobrand

PVR Kotak Platinum Credit Card

Kotak Mahindra Bank · with PVRLast checked 11 Oct 2026closed to new applicants

The PVR Kotak Platinum Credit Card costs Rs 999 a year. It earns 2 free PVR tickets a month on Rs 10,000 monthly spend. Accelerated earn: 15% cashback on F&B and 5% on box-office tickets at PVR. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

Annual fee
Rs 999+ GST
Fee waived at
—
Base return
—
Forex markup
3.5%
Interest
3.75%a month

Fees

Joining feeFree
Annual feeRs 999
Fee notesNil joining, Rs 999 annual. Add-on Rs 299.

Rewards

Reward currencyPVR tickets
Base earn2 free PVR tickets a month on Rs 10,000 monthly spend
Accelerated earn15% cashback on F&B and 5% on box-office tickets at PVR

Travel and perks

Forex markup3.5%
Fuel surcharge waiverNot eligible

Charges and eligibility

Interest per month3.75%
Late payment feeBy outstanding balance: <=100 nil; 100-500 Rs 100; 500-1,000 Rs 500; 1,000-5,000 Rs 600; 5,000-10,000 Rs 750; 10,000-25,000 Rs 900; 25,000-50,000 Rs 1,100; >50,000 Rs 1,300
Cash advance fee2.5% min Rs 500
Fine-print notesDiscontinued for new applications; replaced by PVR INOX Kotak. MITC surcharges: 1% on utility spend above Rs 35,000/cycle, fuel above Rs 25,000/cycle, wallet loads above Rs 10,000/cycle, online gaming above Rs 10,000/cycle, education via third-party apps; rent 1% + GST.

Questions

What is the annual fee of the PVR Kotak Platinum Credit Card?
Rs 999 a year, before GST.
What is the forex markup on the PVR Kotak Platinum Credit Card?
3.5% of each foreign-currency transaction, before GST.