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    Kotak Bank Essentia Platinum Credit Card

    1st Year Fee
    Joining Perks
    Response Time Within 30 minutes
    What you'll love
    Fee Details

    Kotak Bank Essentia Platinum Credit Card

    Fees & Charges

    Promised Interest Rate

    Customer Service




    Kotak Bank Credit Card Diwali Offer

    Kotak Mahindra Bank, the fourth largest private sector bank(by market capitalisation) in India provides a complete range of banking and financial services in the country with products in categories such as Loans, Accounts and Deposits, Investments & Insurance, Credit Cards etc.

    Category based products define the credit cards portfolio of this Mumbai based bank. Cards with exclusive benefits and features are available under divisions such as Shopping, Dining/Entertainment, Lifestyle, NRI and Corporate. Urbane Gold, Easyday Titanium, Easyday Silver and Essentia Platinum cards represent Shopping based credit cards.

    The Kotak Essentia Platinum Credit Card extends up to 10% savings on all your swipes at departmental and grocery stores. Dedicated to help you in earning the best rewards with everyday spends, this card gives you 10 Saving Points for every Rs.100 spent at select stores.

    Kotak Essentia Platinum Credit Card Benefits:

    • Earn 10 Saving Points for every Rs.100 spent at Grocery and Departmental stores. Each point valued at Rs.1. To be eligible for the reward points program, the minimum bill value(single transaction) should be atleast Rs.1,500 with an upper limit of Rs.4,000. In a given month, you can earn up to 500 points.
    • Showering of rewards continue with the option to earn 1 Saving Point for Rs.250 spent in other categories(Non Departmental & Non Grocery)
    • Accumulated Saving points can be easily redeemed online for Cash, Airline Tickets & Air Miles, Movie Tickets, Mobile Recharge & for Branded Merchandise.

    Kotak Essentia Platinum Credit Card Features:

    • Cardholders are also eligible to avail a host of promotional offers such as dining deals, priority reservations at hotels etc.
    • Get access to priority customer service with KASSIST. Simply send an SMS from your registered mobile number and receive a call back from the bank representative within 30 mins for assistance.
    • Plus, Add On cards are provided for your loved ones that carry the same benefits and features as the primary card. Set individual limits on each card and track spends with netbanking and mobile alerts.
    • Under the “Milestone Feature”, you’re eligible to get 6 free tickets from PVR or 1200 reward points for spends over Rs.1,25,000 in 6 months.

    Eligibility and Documentation:

    This card is only available in Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune.

    • The Primary applicant should be aged at least 21 years and not older than 65 years.
    • Add On card aspirants should be aged 18 and above.
    • The applicant should be a resident of India.

    Details of the list of documents required during application will be provided by the bank representatives.

    Fees and Charges:

    Joining Fee Rs.1,499*
    Annual Fee Rs.749**
    Late Payment ChargesRs.100 to 700, depending on the O.S balance
    Over limit FeeRs.500
    Cash Withdrawal/Call a Draft/Funds Transfer Rs.300 for every Rs.10,000 withdrawn/transaction
    Add On cardRs.299 per card

    * The Joining Fee is a one time charge billed in the first statement generated after activation of the card.

    ** The Annual Fee is payable from 2nd year onwards after the card is setup. This fee is billed during the 13th statement and every 12 months thereafter.

    Note: The fees and charges are subject to periodic revision. Do inquire with the bank at the time of application or read the T & C document available in the welcome kit for latest rates.

    How to Redeem Reward Points:

    The Saving points earned can be easily redeemed for a host of products and services such as Airline Tickets & Air Miles, Cash, Movie Tickets, Mobile Recharge and Branded Merchandise. If you’re redeeming the points against Airline Tickets/Mobile Recharge/Merchandise, the Saving points will be first converted to Easy Points before redemption.

    1 Saving Point = 2 Easy Points

    Points can be redeemed by following the steps below.

    • Log onto
    • Use the net banking option, log in using CRN, password and the dynamic access code
    • Select “Credit Cards” and proceed with the redemption option of your choice

    Kotak Essentia Platinum Card FAQs:

    1. Is there an interest free period for retail purchases and cash advances for this card?

      An interest free period of 48 days is provided of retail purchases, post which interest starts accruing on the transaction. Interest free period is not available for Cash advances.

    2. How do I identify if a particular outlet falls under Grocery and Departmental store category?

      Stores and outlets are classified as Departmental Store & Grocery by VISA under MCC(Merchant Category Code). Purchases at these stores are eligible for 10 saving points for every Rs.100 spent.

    3. Is the Add On Credit card also eligible for an exclusive saving points account?

      No. The Supplementary card is a derivative of the main account and therefore spends made by both Primary and Add On cards accumulate saving points that are credited to one single account. No separate account is provided for supplementary cards.

    4. What type of card is the Kotak Essentia Platinum Credit Card?

      This card is a VISA chip card, valid internationally.

    5. How does the Insurance Cover help?

      Provided by HDFC ERGO, this insurance cover will provide a reimbursement for the unauthorised and fraudulent charges if the card is lost/stolen up to 7 days prior to reporting the card. This cover is valid for both primary and supplementary cards.

    6. I lost my credit card. How do I report?

      Call the Customer Contact Center immediately on 1800 102 6022 to report loss of card and ask for temporary deactivation if you think the card will be recovered at a later date. If you suspect it was stolen, please have it blocked and ask for a replacement card.

      Inquire about any unauthorised transactions after it was lost and register a claim if there were unauthorised charges on the account. The insurer will pay for the transactions not made by you if the claim is approved. Details of the claims process is available on the bank’s website.

    7. Is there a charge for making card payment at a branch?

      A fee of Rs.500 is charged for payment at branches. Instead, you can explore online and mobile app based payments that are free of charge.


    Compare, check your eligibility and apply for credit cards online.

    Kotak Bank Essentia Platinum Credit Card Reviews

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