Kotak Mahindra Bank | Privy League Signature Credit Card

Privy League Signature Credit Card is offered exclusively to privy customers of the bank and comes with a choice of lifestyle benefits. This premium Credit Card allows you to earn up to 5X reward points on spends at specific merchant categories. Your reward points can be redeemed against a host of options like movie tickets, air tickets, air miles, shopping, and more.

→ Rewards program

▸ Earn 5X reward points on every Rs.150 you spend on select categories*

▸ Earn 2X reward points for every Rs.150 on other spends

▸ 1 RP = 25 Paise

* Apparels, grocery, consumer durable, multi-brand online, departmental stores, airlines, hotels, duty-free, international spends, and travel agencies.

→ Rewards Redemption

▸ Once you have accumulated reward points depending on your chosen plan, you can redeem them from a range of redemption options like air tickets, 10 000 merchandise, mobile recharge, and more through easyrewardz by converting Privy League Signature Credit Card points into easy points.

You also have an option of auto redemption, wherein every time you accumulate 400 reward points, Rs 100 gets credited to your account every 3 months.

Each reward point is valued at 25 paise.

→ Bonus Rewards Points

▸ If you spend a minimum of Rs 1000 every month, you would be eligible for 6400 reward points for that quarter. E.g., You pay Rs. 1000 in April, May, and June, you will get 6400 extra reward points in July.

→ Milestone Benefit

- Get 7000 Bonus Reward Points on spending Rs. 3,00,000 in an anniversary cycle

- Get 30000 Bonus Reward Points on spending Rs. 8,00,000 in an anniversary cycle

→ Complimentary Priority Pass Membership

▸ With a complimentary Priority Pass Membership and 4 free visits, you get VIP access to over 1300 VIP lounges in more than 148 countries and 600 cities worldwide.

→ Premium Concierge Services

Concierge Services include:

▸ Arranging reservations for hotel and dining

▸ Flight ticketing assistance

▸ Booking tickets for special events and performances

▸ Spa & Fitness Centre information

▸ Referral assistance

→ Fuel & Railway Surcharge waiver 

▸ Enjoy fuel surcharge waive across all petrol pumps for transactions between Rs. 400/- and Rs. 4000/- (max. Rs. 4500/year)

▸ Enjoy railway surcharge waive for transactions on irctc.co.in & Indian Railway booking counters (max Rs. 500/year)

→ Priority Client Support

▸ SMS "KASSIST" to 5676788 and a Customer Support Executive will call you back within 30 minutes

→ Fraud Protection Shield

▸ In case your Credit Card is stolen, you get a cover of Rs. 2,50,000/- against fraudulent usage up to 7 days pre-reporting

▸ You are required to immediately call KMB's Customer Contact Centre (1860 266 2666) and get your card deactivated/blocked to prevent misuse and register a claim with the Insurance Company.

→ Balance Transfer

▸ Easy & Instant - Just call KMB's customer care to transfer your other Credit Card balances to you KMB Credit Card

▸ Processing fee of Rs. 349/- per Rs. 10,000/-

→ Low-interest rate

▸ You will enjoy a low monthly interest rate of 2.49%, unlike other Credit Card, which charges 3.1%-  3.5%.

→ Eligibility Criteria

- Should be a resident of India

- Primary cardholder needs to have Privy league Banking Relationship

- Location - Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune

→ Fees & Charges

- Joining Fee - Nil

- Annual Fee - Rs 2500 + Applicable Taxes

Thanks for reading!