Kotak PVR Debit Card: Features, Benefits, and Review

The Kotak PVR Debit Card offers a unique blend of banking and entertainment privileges. It’s India’s first debit card with an exclusive rewards program in partnership with PVR Cinemas. Here's everything you need to know about this exciting debit card.

Check our YouTube Channel for Kotak PVR Debit Card Unboxing and Review - Click Here

How to Apply for the Kotak PVR Debit Card

To apply for the Kotak PVR Debit Card:

1. Open the Kotak Mobile Banking App.
2. Go to ‘Apply Now’ > ‘Apply/Upgrade Debit Card’.
3. Ensure you do not have more than four active debit cards under your Customer Relationship Number (CRN). If so, block one card before applying.

Eligibility Criteria:

• Resident individuals holding a full KYC Savings or Corporate Salary account.
• Not available for 811 Wallet, Basic Savings, or Xpress OTP account holders.

Fees and Charges

• Annual Charge: ₹499 + Taxes.
• Card Replacement Fee: ₹200 + Taxes.

Key Features and Benefits

Rewards and Privileges

• Earn PVR Reward Points for every purchase made with the card:
  • 10 Reward Points per ₹100 spent at PVR outlets.
  • 0.5 Reward Points per ₹100 spent on other purchases.
• Redeem reward points for food, beverages, or movie tickets at PVR.

Points are credited within 15 working days after eligible transactions. Only transactions made after enrolment in the PVR Privilege Plus membership are eligible.

Complimentary Movie Tickets

• Earn Free complimentary movie tickets annually based on your spending.
  • Example: Monthly spending of ₹2,000 (₹2,000 at PVR ) earns 200 x 12 = 2,400 points Annually, redeemable for tickets.

PVR Privilege Plus Program:

• Membership is activated within 15 working days of debit card issuance (subject to fee payment).
• Requires a unique mobile number and email ID.

Transactions eligible for reward points

• POS and e-commerce transactions (e.g., shopping, ticket bookings,etc..).
• Exclusions: Credit Card bill payments, tax payments, government services, fines, fuel dispensers, etc.

Exclusive Vouchers

• Joining Benefit: ₹500 Food & Beverage voucher from PVR.
• Renewal Benefit: ₹200 voucher on paying annual maintenance charges.
• Vouchers are valid for 90 days from issuance.

Special Offers

• Savings with everyday special offers on leading brands.

Daily Limits

• ATM Withdrawal Limit: ₹1,00,000.
• Purchase Limit: ₹3,00,000.

Additional Perks

• Fuel Surcharge Waiver: 2.5% waiver, capped at ₹30,000 fuel purchases per month.
• Contactless Payments: Tap for transactions up to ₹5,000.
• Insurance Cover: Complimentary insurance benefits.

Contactless Payments:

• Tap and pay for transactions up to ₹5,000 without entering the PIN. For transactions above ₹5,000, PIN entry is required.
• This facility is available at select POS machines only.

Non-Kotak ATM Usage:

• Free 10 financial and non-financial transactions each on Non-Kotak ATMs.
• Beyond this, charges are ₹21 per cash withdrawal and ₹8.5 per non-financial transaction.

Complimentary Insurance Cover:

• For complete terms and conditions on insurance covers - Click Here

Eligibility for Insurance Coverage:

• Base Cover: Minimum of 2 POS/E-commerce transactions of ₹500 each in the last 30 days.
• Enhanced Cover: Minimum of 6 POS/E-commerce transactions of ₹500 each in the last 60 days.

Note: The insurance is provided by Zurich Kotak General Insurance and is valid from July 24, 2024 to July 23, 2025.

How to Redeem PVR Reward Points

1. Accumulate a minimum of 100 points (1 point = ₹1).
2. Points automatically convert into vouchers worth ₹100, valid for 90 days.
3. Redeem vouchers for movie tickets or food & beverages via the PVR app, website, or box office.

Steps to Redeem Vouchers:

1. During checkout, vouchers will appear automatically.
2. Select the vouchers to reduce the payable amount.
3. Complete the transaction for any remaining balance.

Note: You can use multiple vouchers in one transaction, but points less than 100 cannot be redeemed.

Terms and Conditions

• Reward points are valid for 1 year from issuance; vouchers are valid for 90 days.
• Points are credited only for spends made after enrolment in the PVR Privilege Plus membership.
• Debit card fees must be paid annually to continue earning rewards.
• Ensure your registered mobile number and email ID are updated with the bank.

Why Choose the Kotak PVR Debit Card?

The Kotak PVR Debit Card is perfect for movie enthusiasts who want to enjoy exclusive benefits while managing their finances. From complimentary movie tickets to contactless payments and fuel waivers, this card offers unbeatable value for your spending.