Be it an article you were reading, a product you were exploring or a journey you left unfinished, starting from where you left off is simpler than you can imagine. Just register for ‘Everything Me’ using any of your social media accounts and you are all set.
Please note, this is a soft login and no personal financial data will be saved here for security reasons.
You have logged in to Everything Me successfully
You have logged out from Everything Me successfully
The Kotak Essentia Platinum Credit Card is designed keeping the smart shopper in mind. With this Credit Card, you earn Savings Points on all your essential purchases, and these can be redeemed whenever you want on all the special things you want to buy or experience.
10% Savings on Departmental & Grocery Store spends
More Savings! A World of Offers
Priority Attend- KASSIST
Explore more credit card options that best suit your needs.
Explore more credit card options that best suit your needs.
|Credit Card expenses||Savings - Year 1||Savings - Year 2 onwards|
|10% savings on Departmental and Grocery spends on monthly spends of 5000||6000*||6000*|
|Savings on spends done on other categories on monthly spends of 5000||240||240|
|Milestone Benefit of 12 PVR tickets on spending 1,25,000 every 6 months||3000**||3000**|
|Total Savings in a year||9240||9240|
|Net Savings in a year after paying the fees||7741||8491|
*Maximum saving points of 500 can be earned in a month for both Departmental and Grocery spends for a minimum transaction size of Rs. 1500 and maximum transaction size of Rs. 4000.
10 saving points are offered on transactions undertaken at only those merchants establishments which are classified under "Departmental Store & Grocery" Merchant Category Code(MCC) as defined by VISA.
**For calculation purpose the average PVR tickets price has been taken as Rs. 250.
***Joining fee of Rs. 1499 is applicable in the 1st year and charged one time at the beginning of the year. It is billed in the first statement generated after card set up in the 1st year.#Annual fee of 749 is applicable from 2nd year onwards and charged at the beginning of the year. It is billed in the 13th statement generated after the card set up and in 2nd year and every 12 months thereafter.
A person needs to meet the below criteria to be eligible for the Card:
|Fee & other Parameters||Essentia|
|Joining Fees||Rs. 1499|
|Annual Fees||Rs. 749|
|Condition for waiver of Annual Fees - First Year||NA|
|Condition for waiver of Annual Fees - Second Year||NA|
|Addon card Fees||Rs. 299|
|Interest Charges on outstanding Balances||3.50% (Annualized 42%)|
|Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)||MAD can be 5% or 10% of TAD as decided by the Bank|
|ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof||Rs. 300|
|Late Payment Charges ("LPC")||Rs. 100 for statement o/s less than or equal to Rs. 500.|
|Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000|
|Rs. 700 for statement o/s greater than Rs. 10,000|
|Over Limit Charge||Rs. 500|
|Cheque Bounce Charges||Rs. 500|
|Foreign Currency Mark Up||3.5%|
|Railway Booking Surcharge||Applicable|
|Fee for Cash payment at Bank||Rs. 100|
|Outstation Cheque Processing Fee||Waived|
|Reissue/ Replacement Card (per issunace)||100.0|
|Charge Slip Request||Waived|
|Machine Surcharge at ATMs||Waived|
|Balance Enquiry Charges at Non Parent Bank ATM||Waived|
|Duplicate Statement Request||Waived|
|Web Pay Service Fee||Waived|
|Furnishing a copy of Credit Information Report (CIBIL)||Rs. 50|
|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|
Kotak Credit Cards symbolize the following guiding principles:
Kotak Credit Cards are simple to understand and use. We have taken special care to make them hassle free so that you can spend time on more important things in life that require your attention.
Kotak Credit Cards are transparent in communicating upfront what the Card offers and what you would have to spend for it, if at all. We have taken care that there will be no hidden charges associated with this Card.
Kotak Credit Cards have understood what you need the most from your credit Card, and have been designed to give you only those benefits that are most relevant for you.
This promise from Kotak ensures that you only get the best from your credit Card!
The Kotak Essentia Chip Card has been specifically designed for the High Income or High Net Worth individuals. We have kept in mind your lifestyle requirements and the relevant benefits so that you could derive the maximum out of it.
The Kotak Essentia Card is a VISA Chip Card.
Only Kotak Essentia Chip Card offers you a unique every time & everywhere advantage - 10% savings on Departmental & Grocery spends. We give you the freedom to choose your Departmental Store or Grocery Store and save with every transaction!
Essentia gives you 10 saving points for every Rs. 100 you spend on essentials at Departmental Store & Grocery Stores. And each point is worth Rs. 1 So for every Rs. 100 you spend, you save Rs. 10!
Minimum purchase: Rs. 1500
Maximum purchase: Rs. 4000
Maximum saving points for a month - 500 valued at Rs. 500
What's more, you earn 1 saving point for every Rs. 250 you spend on other categories. So you save with every swipe!
Saving Points can be redeemed for Cash, Airline Tickets, Merchandise, Mobile recharge and many more options!
Besides this, enjoy Milestone feature where you will get 12 movie tickets every year.
The Joining fee for Kotak Essentia Chip Platinum Card is Rs. 1499
Joining Fees of Rs. 1499 is applicable in the 1st Year and charged one time at the beginning of the year .It is billed in the 1st statement generated after card set up in the 1st Year.
The Annual fee for Kotak Essentia Chip Platinum Card is Rs. 749
Annual fee of Rs. 749 is applicable from the 2nd Year onwards and charged at the beginning of the year.It is billed in the 13th statement generated after card set up in the 2nd Year and every 12 months thereafter.