PVR INOX Kotak Credit Card – Benefits, Fees & Eligibility

Introduction

The PVR INOX Kotak Credit Card, issued by Kotak Bank, is a co-branded credit card specifically designed for movie enthusiasts. Positioned as a mid-range entertainment-focused card, it offers unlimited free movie tickets upon reaching monthly spend milestones, significant discounts on food and beverages, and movie ticket bookings at PVR INOX cinemas. A key differentiating benefit is the complimentary access to luxurious In-Cinema Lounges, enhancing the overall movie-watching experience for regular cinema fans.

Fees

• Joining Fee: ₹0
• Annual Fee: ₹499 + GST
• Spend-Based Waiver: No waivers are available based on spending to waive the renewal charges.
• Rewards Redemption Fee: Not applicable.
• Foreign Currency Markup: 3.5%
• Interest Rates: 3.5% Monthly (Annualized 42%)
• Fuel Surcharge Waiver: Not applicable.
• Cash Advance Charges: 2.5% of the amount or ₹500, whichever is higher.

Rewards

• Unlimited Movie Tickets: Receive one free PVR INOX movie ticket on every spend of ₹10,000 in a monthly billing cycle.
  • Each eligible movie ticket (M-Coupon) is worth up to ₹300.
  • Spends on Rent Payments, Wallet funding, and Online-skill based Gaming are excluded from the movie ticket eligibility calculation.
  • Movie Ticket Earning Structure based on Monthly Spends:
    • Less than ₹10,000: 0 tickets
    • Between ₹10,001 – ₹20,000: 1 ticket
    • Between ₹20,001 – ₹30,000: 2 tickets
    • Between ₹30,001 – ₹40,000: 3 tickets
    • Between ₹40,001 – ₹50,000: 4 tickets
    • ₹50,001 and Above: 5 and Above tickets (e.g., ₹75,000 earns 7 tickets; ₹1,05,000 earns 10 tickets).
• Food & Beverages Discount: Get a flat 20% discount on Food & Beverages at any PVR INOX theatre or on the PVR INOX App/Website.
• Movie Ticket Discount: Get a flat 5% discount on movie tickets at any PVR INOX theatre or on the PVR INOX App/Website.
• In-Cinema Lounge Access: Access premium PVR INOX In-Cinema Lounges at no additional cost to enter. Any purchases made within the lounge must be borne by the cardholder.

Rewards Redemption Guide

• Claiming M-Coupons (Movie Tickets):
  • Login to the Kotak Mobile Banking App or Kotak Net Banking section.
  • Go to the Credit Card Overview Section.
  • Select PVR INOX Kotak Credit Card.
  • Select "PVR INOX Coupon Claim" or "Unlock PVR INOX coupons" and enter the eligible month.
  • You will receive M-Coupons eligible for that month.
  • Eligible codes for any given month must be claimed within 2 monthly billing cycles (including the eligible billing cycle).
  • Once claimed, all coupons are stored in the "My PVR INOX" section within the card overview, showing the M coupon code, issue date, and validity date.
  • The tickets are valid for a period of 60 days from the date of claim.
  • The maximum value of each M Coupon is ₹300.
  • M Coupons can be used to book movie tickets of any format, any theatre, and any category.
• Booking Movie Tickets using M-Coupons:
  • Log on to the PVR App or Website.
  • Choose your preferred cinema, movie, show, and seats.
  • Scroll down to select "PVR Exclusives" (on the App) or "Avail Offers" (on the Website).
  • Select the M-Coupon option under "PVR Exclusives".
  • Enter the last 5 digits of your registered mobile number and the last 4 digits of your PVR INOX Kotak Credit Card.
  • Enter your Coupon Code(s) and click on "Make Payment".
  • One M-Coupon can be redeemed only against one movie ticket.
  • If the price of the ticket is more than ₹300, the difference in amount will have to be borne by the customer.
  • Pay the balance booking/convenience fees using your PVR INOX Kotak Credit Card.
  • Applicable taxes levied for the booking must be paid by the cardholder.
• Availing Discounts on Movie Tickets and Food & Beverages (PVR App/Website):
  • Log on to the PVR App or Website.
  • Choose your preferred cinema, movie, show, seats, and FnB choices, then proceed to the "Checkout Page" to view the booking summary.
  • On the payment page, click on "Bank Offers".
  • Select "PVR INOX Kotak Credit Card".
  • Enter your PVR INOX Kotak Credit Card details for verification.
  • Once verified, the discount will be applied, and the discounted booking amount will be shown.
  • Pay the discounted booking amount using your PVR INOX Kotak Credit Card to complete the transaction.
  • Applicable taxes levied for the booking must be paid by the cardholder.
• Availing Discounts on Movie Tickets and Food & Beverages (At PVR INOX Theatres):
  • On your visit to PVR INOX theatres, proceed to the ticket counter.
  • For ticket booking, select your preferred movie, show, and seats.
  • For FnB booking, select your preferred choice of Food and Beverage options.
  • At the booking counter, use your PVR INOX Kotak Credit Card to view the discounted booking amount.
  • Pay the discounted booking amount using your PVR INOX Kotak Credit Card to complete the transaction.
  • Applicable taxes levied for the booking must be paid by the cardholder.

Card Eligibility Criteria

• Age:
  • Primary Cardholder: Between 21 years and 60 years.
  • Add-On Cardholder: 18 years and above.
• Residency: Must be a resident of India.
• Income & Credit Score: The applicant must have a stable income and a good credit score.

Card Review

The PVR INOX Kotak Credit Card is an excellent choice for movie buffs who frequently visit cinemas and make substantial spends. Its core value proposition lies in the unlimited free movie tickets earned on monthly spends of ₹10,000, making it highly rewarding for high spenders. Additionally, the card offers a flat 20% discount on food and beverages and a 5% discount on movie ticket bookings at PVR INOX, significantly enhancing the theatre experience. With zero joining fees and a modest annual fee of ₹499, it presents a great deal for dedicated moviegoers. The main drawback is the absence of a spend-based waiver for the annual renewal charges.

Important Product Details

• Specifically designed for moviegoers and cinema fans.
• Earn one free movie ticket for every ₹10,000 spent in a monthly billing cycle.
• Enjoy a 20% discount on Food & Beverages at PVR INOX theatres and on their app/website.
• Receive a 5% discount on movie ticket bookings with PVR INOX.
• Complimentary access to In-Cinema Lounges.
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