The PVR INOX Kotak Credit Card is a premium co-branded credit card offered to the customers of Kotak Mahindra Bank and PVR INOX, both leading companies in their respective domains. As a new card designed exclusively for movie lovers, it adds more features to the previous PVR Kotak Gold Credit Card.
Since its launch, the PVR INOX Kotak Credit Card has garnered interest due to its exclusive features that allow cardholders to earn free tickets based on the amount spent within a given month and heavily discounted tickets with discounts on food and beverages. This Kotak credit card signifies a new trend of segmentation of credit cards by lifestyle and entertainment, like merging consumable financial products with consumables.
PVR INOX Kotak Credit Card
Joining Fee:
N/A
Best Suited :
Frequent Moviegoers
Renewal Fee:
Rs. 499 + GST
Reward Type:
Reward Points
Welcome Benefits:
N/A
PVR INOX Kotak Credit Card Features, Offers and Benefits
Free Movie Tickets
- You can earn 1 free movie ticket after spending Rs. 10,000 in a month.
- You can earn up to 5+ movie tickets depending on your monthly spend (Rs. 50,000+).
- Each free movie ticket is valued at Rs. 300.
Discounts on Movie Tickets
- 5% discount on all movie ticket bookings made via the PVR or INOX website or app.
- This discount can help you save on regular movie outings.
Discounts on Food and Beverages
- 20% discount on food and beverages purchased at PVR and INOX cinemas.
- These discounts also apply when booking through the PVR INOX App/Website, making the movie experience more affordable.
Luxurious In-Cinema Lounge Access
- Enjoy complimentary access to in-cinema lounges at select PVR and INOX locations.
- Enhance your movie experience with exclusive lounge services.
How to Earn and Redeem PVR INOX Kotak Credit Card Reward Points?
Earning Free Movie Tickets
The main reward from the PVR INOX Kotak Credit Card comes in the form of free movie tickets. Here’s how you can earn them:
- Monthly Spend Milestones: For every Rs. 10,000 spent in a month, you earn 1 free movie ticket.
- Example: Spend Rs. 20,000 monthly, and you will receive 2 free movie tickets.
- Unlimited Tickets: The card allows you to earn multiple free movie tickets each month. The more you spend, the more tickets you receive.
- Max Ticket Value: Each free movie ticket is worth up to Rs. 300.
Spending Slabs and Free Tickets Earned
0 Tickets for: Less than Rs. 10,000
1 ticket for: Rs. 10,001-RRs. 20,000
2 Tickets for: Rs. 20,001-RRs. 30,000
3 Tickets for: Rs. 30,001-RRs. 40,000
4 Tickets for: Rs. 40,001-RRs. 50,000
5 and more Tickets for: Rs. 50,001 and above
How to Redeem Free Movie Tickets
Once you’ve earned free movie tickets, redeeming them is a simple process. Here’s how you can do it:
- Login to Kotak Net Banking/MB App:
- Access your account either through Kotak Net Banking or the Mobile Banking (MB) App.
- Navigate to the Credit Card Overview:
- Go to the section that provides an overview of your PVR INOX Kotak Credit Card.
- Claim Your Movie Tickets:
- Look for the option to claim/unlock PVR INOX coupons or M-Coupons.
- Enter the Eligible Month:
- Select the month in which you earned the free tickets and proceed to claim your rewards.
- Receive M-Coupons:
- Once claimed, the M-Coupons (movie tickets) will be generated. These are valid for 60 days from the date of redemption.
- Use Coupons at PVR/INOX:
- The M-Coupons can be used for booking tickets through the PVR/INOX app or website.
PVR INOX Kotak Credit Card Product Details
- Earn 1 free movie ticket for every Rs. 10,000, and you can earn this for every month’s spending. The card gives you the benefit of earning more than 5 movie tickets, depending on your spending power in a month.
- Perk 3: Visitors stand to incur a reduction of the cost of tickets when purchasing through the PVR or INOX app or site and now get movie tickets at 5% lower rates than normal.
- Get 20% off on food and beverage at PVR and INOX theaters, which will reduce the cost of going to theaters to watch movies.
- Get free access to stunning in-cinema lounges across PVR and INOX theaters and enjoy your movie with comfortable cushions and far more.
- The annual renewal fee is Rs. 499 + GST, levied on those clients who want to continue using the card after the first year.
- Something that instantly is quite striking about this card is that, compared to most other credit cards, this card does not work on the rewards points program. Rather, it stresses offering free tickets to movies and cutting down on prices.
- For the Kotak Net Banking or MB App, you can get free movie tickets. M-Coupons are also limited to 60 days of claiming, hence a lot of time to be utilized.
PVR INOX Kotak Credit Card Eligibility Criteria
To apply for the PVR INOX Kotak Credit Card, applicants must meet the following eligibility criteria:
- Age Requirements:
- Primary Cardholder: Must be between 18 and 65 years of age.
- Add-on Cardholder: Must be at least 18 years old.
- Citizenship:
- Applicants must be citizens of India.
- Income Criteria:
- The applicant should have a stable income. Specific income requirements may vary based on the applicant’s employment status and other factors.
- Credit Score:
- A good credit score is essential. The exact score required can vary, but a higher score generally improves the chances of approval.
Documents Required for PVR INOX Kotak Credit Card
To apply for the PVR INOX Kotak Credit Card, you will need to provide a set of documents to verify your identity, address, and income. Here is a list of the required documents:
- Identity Proof:
- Aadhaar Card
- Passport
- Driver’s License
- Voter ID
- Address Proof:
- Utility Bill (Electricity, Water, or Gas)
- Bank Statement (recent and showing your current address)
- Rental Agreement (if applicable)
- Passport (if the address is updated in the passport)
- Income Proof:
- Salary Slip (recent, usually for the last 3 months)
- Bank Statements (recent, typically for the last 6 months showing salary credits)
- Income Tax Return (ITR) or Form 16 (for self-employed individuals)
- Business Financial Statements (for self-employed professionals)
- Photographs:
- Recent passport-sized photographs (usually 2-3).
How To Activate PVR INOX Kotak Credit Card
- Kotak Net Banking:
- Log in to your Kotak Net Banking account.
- Navigate to the Credit Card section.
- Find the option for card activation and follow the prompts.
- Kotak Mobile Banking App:
- Open the Kotak Mobile Banking App.
- Log in using your credentials.
- Go to the Credit Card section and select Activate Card.
- Follow the instructions to complete the activation process.
FAQs
Q1. What are the key advantages of using PVR INOX Kotak Credit Card?
Ans. Some of the salient features of this credit card are free movie tickets for every Rs. 10,000 spent in a month, 5% off on PVR and INOX cinema ticket bookings, and a 20% discount on food and beverages at PVR and INOX theaters. Besides, it offers the opportunity to watch movies in comfortable in-cinema lounges absolutely for free.
Q2. How can I get free movie tickets through a PVR INOX Kotak Credit Card?
Ans. Every month there is a loyalty reward where you get 1 free movie ticket for every Rs. 10,000 spent. There is no limit to the number of tickets that you can earn, and this depends on the amount of cash you spend per month. For instance, when you purchase Rs. 20,000, you will get 2 tickets; for Rs. 30,000, you will be entitled to 3 tickets, and so on.
Q3. What is the amount to be paid as a renewal fee on this PVR INOX Kotak Credit Card every year?
Ans. The online process for the annual renewal of the PVR INOX Kotak Credit Card is Rs 499 along with the GST fee. This fee is incurred to continue enjoying the whistles and bells that come with the card after the first year.
Q4. How do I activate my PVR INOX Kotak Credit Card?
Ans. To make your card operational and obtain a credit limit, there are two procedures: one is by contacting the Kotak Mahindra Bank customer care number, and the second is through the Kotak Net Banking or Mobile Banking App. It is then advisable to follow the activation steps, which may include setting up a PIN as well as identification. The card, once activated, can therefore be used at your disposal.