PVR INOX Kotak Credit Card – Benefits, Fees & Eligibility

PVR INOX Kotak Credit Card

Introduction

The PVR INOX Kotak Credit Card is specifically designed for movie enthusiasts, offering an enhanced cinematic experience. It aims to provide #UnlimitedEntertainment, making movie watching more wholesome by offering not just free tickets but also discounts on food and beverages at PVR INOX cinemas. This co-branded credit card by PVR INOX and Kotak Bank is a perfect companion for frequent cinema-goers.

Welcome Benefits

• Zero joining fees for the card.

Fees

• Joining Fee: Nil
• Annual Fees: ₹499/-
• Condition for waiver of Annual Fees - First Year: No Fee Waiver
• Interest Charges on outstanding Balances: 3.75% (Annualized 45%) with effect from 01st June 2025.
• Add On Card Fees: ₹299
• Minimum Amount Due (MAD): Calculated as 1% of Total Amount Due (TAD) with effect from 01st June 2025.
• ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per INR 10,000 or part thereof: Maximum of (2.5% on advance amount and ₹500)
• Late Payment Charges ("LPC"):
  • Due as per last statement <₹100: ₹0.0
  • Due as per last statement ₹100 - ₹500: ₹100.0
  • Due as per last statement ₹501 - ₹5,000: ₹500.0
  • Due as per last statement ₹5,001 - ₹10,000: ₹600.0
  • Due as per last statement ₹10,001 - ₹25,000: ₹800.0
  • Due as per last statement ₹25,001 - ₹50,000: ₹1000.0
  • Due as per last statement >₹50,000: ₹1200.0
• Over Limit Charge: ₹500
• Cheque Bounce Charges: Maximum of (2.0% on bounce amount and ₹500)
• Foreign Currency Mark Up: 3.5%
• Fee for Cash payment at Bank: ₹100
• Reissue/ Replacement Card (per issuance): ₹100
• Standing Instruction Failure / Auto-debit return fee (includes NACH, ECS, Auto-Debit): 2% on bounce amount, subject to minimum of ₹450. With effect from 1st June 2025, Maximum fee of ₹5000.
• Fee on Wallet Loading: With effect from 1st June 2025, 1% fee on cumulative wallet loading spends exceeding ₹10,000 per statement cycle.
• Credit Limit Increase Processing Fees: ₹100 as applicable.
• Fee on Fuel Transactions: With effect from 1st June 2025, 1% fee on cumulative fuel spends exceeding ₹35,000 per statement cycle.
• Fee on Online Skill-Based Gaming: With effect from 1st June 2025, 1% fee on cumulative online skill-based gaming spends exceeding ₹10,000 per statement cycle.
• Fee on Education Payment: With effect from 1st June 2025, 1% transaction fee will be applicable on all education payments made via third-party apps.
• Fee on Utility Spends: With effect from 1st June 2025, 1% fee on cumulative utility spends exceeding ₹50,000 per statement cycle.
• Fee on Rent Payments: 1% fee on transaction amount.
• Note: GST/Applicable taxes would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your Credit Card.
• Fee Waiver Disclaimer: Waiver of fees for Credit Cards linked to specific Kotak Bank programmes (like Privy League Black/Platinum/Neon, Private Banking, Corporate Salary) is subject to maintaining eligibility of the respective programme. If programme eligibility is not met or if the customer is degraded from a higher variant programme to a lower variant, the customer will not receive the programme-linked fee waiver and will be required to pay Joining/Annual fees.

Rewards

Movie Ticket Benefits

• Get 1 PVR INOX Movie Ticket on every spend of ₹10,000 in a monthly billing cycle.
• Earn tickets worth ₹300 each for achieving every spends milestone of ₹10,000.
• Exclusions on spends for earning tickets: Rent Payments, Wallet funding, Online-skill based Gaming.
• Eligible Tickets based on Monthly Billed Spends:
  • <₹10,000: None
  • ₹10,001 - ₹20,000: 1 ticket
  • ₹20,001 - ₹30,000: 2 tickets
  • ₹30,001 - ₹40,000: 3 tickets
  • ₹40,001 - ₹50,000: 4 tickets
  • ₹50,001 and so on: 5 tickets and so on (e.g., ₹22,000 yields 2 tickets, ₹75,000 yields 7 tickets, ₹1,05,000 yields 10 tickets).
• The value of each M Coupon (movie ticket) is capped at ₹300.
• M Coupons can be used to book Movie Tickets of ANY FORMAT, ANY THEATER, and ANY CATEGORY.

Discounts

• Get a flat 20% discount on Food & Beverages at any PVR INOX theater or on the PVR INOX App/Website on your next visit to the Movies.
• Get a flat 5% discount on Movie Tickets at any PVR INOX theater or on the PVR INOX App/Website for your next visit to the Movies.

Lounge Access

• Get access to premium PVR INOX lounges.
• Use your PVR INOX Kotak Credit Card to visit the In-Cinema Lounges for no additional cost to enter. Any purchases made within the lounge must be borne by the Cardholder.

Rewards Redemption Guide

To Claim Movie Ticket Vouchers (M-Coupons)

• Login to the Kotak Mobile Banking App / Net Banking section.
• Go to the Credit Card Overview Section.
• Select PVR INOX Kotak Credit Card.
• Select PVR INOX Coupon Claim / Unlock PVR INOX coupons, and enter the eligible month.
• Eligible M-Coupons for the month will be displayed.
• View the Validity of the M-Coupons in the "My PVR INOX" section within the card overview, which shows the M coupon code, issue date, and validity date.
• Eligible codes for any given month must be claimed within 2 monthly billing cycles (including the eligible billing cycle).
• M-Coupons once claimed are valid for a period of 60 days from the date of claim.
• Use them at PVR INOX Cinemas.

Booking Movie Tickets Using Your 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.
• The value of the M-coupon is capped at ₹300. 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 and complete your ticket booking.
• Applicable taxes and levies for the booking must be paid by the Cardholder during the booking.

Availing Discounts on Movie Tickets and Food and Beverages on the PVR App/Website

• Log on to the PVR App or Website.
• Choose your preferred cinema, movie, show, seats, as well as Food & Beverage choices, if any, and proceed to the "Checkout Page" to view the booking summary.
• On the Payment Page, click on "Bank Offers".
• In the "Bank Offers" section, click on "PVR INOX Kotak Credit Card".
• Enter your PVR INOX Kotak Credit Card details for verification.
• Once the card is verified as a PVR INOX Kotak Credit Card, 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 and levies for the booking must be paid by the Cardholder during the booking.

Availing Discounts on Movie Tickets and Food and Beverages at PVR INOX Theatres

• On your visit to the PVR INOX theatres, proceed towards 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 and levies for the booking must be paid by the Cardholder during the booking.

Card Eligibility Criteria

• Primary Cardholder Age: Should be in the age bracket of 21 years to 60 years.
• Add-On Cardholder Age: Should be 18 years & 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 ideal choice for movie buffs who frequently visit cinemas. Its core strength lies in providing unlimited free movie tickets upon achieving a monthly spend milestone of ₹10,000, effectively rewarding regular spending with entertainment. Additionally, the card offers substantial discounts-20% on food and beverages and 5% on movie tickets-which significantly enhances the overall cinema experience. With no joining fees and a modest annual fee of ₹499, it presents a compelling value proposition for those whose lifestyle revolves around movies.

Pros:

• Zero joining fees.
• Unlimited free movie tickets on monthly spends of ₹10,000.
• Significant discounts on movie tickets and food & beverages at PVR INOX.
• Access to premium PVR INOX in-cinema lounges at no additional entry cost.
• Contactless payment facility for transactions up to INR 5000.

Cons:

• No spend-based waiver for the annual renewal charges.
• Spends on Rent Payments, Wallet funding, and Online-skill based Gaming are excluded from movie ticket eligibility criteria.
• The effective date for some charges (Interest Rates, Standing Instruction Failure Fee, Wallet Loading Fee, Fuel Transaction Fee, Online Skill-Based Gaming Fee, Education Payment Fee, Utility Spends Fee) is June 1, 2025.

Important Product Details

• Specifically designed for moviegoers, enhancing the theatre experience with ticket and F&B benefits.
• Earns 1 PVR INOX Movie Ticket for every ₹10,000 spent in a monthly billing cycle, with each ticket valued up to ₹300.
• Provides a 20% discount on Food & Beverages and a 5% discount on movie tickets at PVR INOX theaters and their online platforms.
• Allows access to premium PVR INOX in-cinema lounges without an entry fee (purchases within the lounge are extra).
• Supports fast, safe, and secure contactless payments for transactions up to INR 5000 without requiring a PIN.
• Annual fee of ₹499 with no first-year waiver condition.
• Eligibility criteria include primary cardholders aged 21-60 and add-on cardholders 18+, all being residents of India with stable income and good credit score.
• Certain transaction categories (rent, wallet loading, online gaming) are excluded from movie ticket eligibility.
• New fees and increased interest rates are effective from June 1, 2025.

Other Details

• The PVR INOX Kotak Credit Card replaced the earlier PVR Kotak Gold Credit Card.
• Contactless payments are supported by multiple layers of security to protect against fraudulent transactions.
• There are conflicting statements regarding lounge access. While the Kotak website states "access to premium PVR INOX lounges" with no additional cost to enter, a public comment suggests "No free lounge access is provided with this card. Its mainly for offers and discounts on movies." Based on the official Kotak website, entry to PVR INOX lounges is free, but any purchases made inside must be paid by the cardholder.
• GST/Applicable taxes are charged on all interest, fees, and other charges.