Pro Tip - Kotak Credit card Pro tip to earn Rs.1600/quarter with 3k spend(1k/monthly)

[RajBlr]

If you want to get a kotak card, then get the Privy-league signature card which had 4 PVR tickets(400rs cap=4x400=1600) free in a quarter. After pandemic, they starting giving 6400 points, 1pt=.25paise

so basically you spent 1k monthly in Jan, Feb and March then you get 6400points which is 6400/.25=Rs.1600 back (Which is >50% of your sepend)

Privy League Visa Signature Credit Card Fees and Charges, Avail Credit Card with Amazing Offers Online - Kotak Bank

Apply for Privy League Visa Signature Credit Card online at Kotak Bank which offers credit cards with amazing discounts and cashback schemes. Click here toget more details about the card and to know fees and charges for Privy League Visa Signature Credit Card.

www.kotak.com

Value Chart

www.kotak.com

 

[drsel]

Try for this card if you can, it's pretty good.

But if you see the comments above, the Kotak website says they stopped issuing this card

 

[drsel]

28.75% return on spends is ridicuously high
it would be the highest of all cards in India after the devaluation of old Magnus 44% return

 

[FinoGuy]

28.75% return on spends is ridicuously high
it would be the highest of all cards in India after the devaluation of old Magnus 44% return

That's why they discontinued it

 

[drsel]

That's why they discontinued it

Still I am trying to get it through my relationship manager

 

[FinoGuy]

Still I am trying to get it through my relationship manager

Ok keep us posted

 

[nikhilesh71]

Oh.. not sure about that. This benefit is only for paid cards. Try with customer care.
This is very weird because with privy league account they only give free card where this bonus is not applicable.
On paid card where bonus is eligible, they are not issuing card.

The benefit is applicable for free cards as well, if you have taken paid card initially but later card becomes LTF due to account upgrade to privy league. But still the paid cards benefits continue including 6400 rewards points each quarter. Theoretically it is highest rewarding card in India now. 6400 assured cashback on just 12K annual spends. More than 50% returns!!

 

[xxScriptzxx]

Still I am trying to get it through my relationship manager

Please let me know, i too hold privy league but never applied for this card. I already hold 3 kotak cards, league platinum, kotak pvr and myntra rupay

 

[RajBlr]

The benefit is applicable for free cards as well, if you have taken paid card initially but later card becomes LTF due to account upgrade to privy league. But still the paid cards benefits continue including 6400 rewards points each quarter. Theoretically it is highest rewarding card in India now. 6400 assured cashback on just 12K annual spends. More than 50% returns!!

Yes, that is accurate. That was the case for me. If they charge then you can call and make it as Paid LTF.(provided you are in the account variant as needed by Kotak)

Also this used to be PVR 4 tickets worth 400 each per quarter(Rs.1600), after Covid/Lockdown this was changed to 6400points(.25 paise per point) which translates to 1600Rs cash.

So you can enjoy anything and not forced for PVR alone(which was the case when I got this card several years back)


Here is my 2019 dated SMS from bank on the same offer

 

[RajBlr]

28.75% return on spends is ridicuously high
it would be the highest of all cards in India after the devaluation of old Magnus 44% return

Really true, that's why I shared this tip even when Magnus was there. But no one cared then

But now all are jumping on this thread 🤑

 

[DarthYoda]

What is the minimum criteria for getting this card ?

 

[plastikman]

Really true, that's why I shared this tip even when Magnus was there. But no one cared then

But now all are jumping on this thread 🤑

I have got close to 21k cb from this card since Oct 2020.

 

[RajBlr]

What is the minimum criteria for getting this card ?

Check here - https://www.kotak.com/en/personal-banking/cards/credit-cards/privy-league-signature-credit-card.html

But do check for the Card first then opening an account as few reported card unavailability or so.

 

[sousnake]

Check here - https://www.kotak.com/en/personal-banking/cards/credit-cards/privy-league-signature-credit-card.html

But do check for the Card first then opening an account as few reported card unavailability or so.

But without account they are not giving card.
So we should ask them at account opening time for this card as well, right?

 

[DarthYoda]

Check here - https://www.kotak.com/en/personal-banking/cards/credit-cards/privy-league-signature-credit-card.html

But do check for the Card first then opening an account as few reported card unavailability or so.

Disclaimer: We have discontinued Privy League Signature Credit Card for new sourcing and the information above is displayed for existing cardholders only.

This is written on the bottom.
Are new privy accounts getting this card now?

 

[drsel]

The benefit is applicable for free cards as well, if you have taken paid card initially but later card becomes LTF due to account upgrade to privy league. But still the paid cards benefits continue including 6400 rewards points each quarter. Theoretically it is highest rewarding card in India now. 6400 assured cashback on just 12K annual spends. More than 50% returns!!

Disclaimer: We have discontinued Privy League Signature Credit Card for new sourcing and the information above is displayed for existing cardholders only.

This is written on the bottom.
Are new privy accounts getting this card now?

No I tried my best.
it's just not available anywhere in India.
it is closed permanently

 

[drsel]

Privy league paid or free, both are not available.
but they offered me any other card lifetime free, like Black league rupay card.
which card should I take ?
I already have White signature and Feast corporate

 

[nikhilesh71]

I have got close to 21k cb from this card since Oct 2020.

I have got 25,600 cashback since 2019 on just 48K spends in those 4 years. It best non-sense card to get straight statement credit each quarter. Only thing is we need to make 1K spend every month which needs to be settled within calendar month.

 

[plastikman]

I have got 25,600 cashback since 2019 on just 48K spends in those 4 years. It best non-sense card to get straight statement credit each quarter. Only thing is we need to make 1K spend every month which needs to be settled within calendar month.

Absolutely. It pays for my remaining paid cards. #LTF forever 😁

 

[RajBlr]

I have got 25,600 cashback since 2019 on just 48K spends in those 4 years. It best non-sense card to get straight statement credit each quarter. Only thing is we need to make 1K spend every month which needs to be settled within calendar month.

I use this card mainly for Petrol every month few times and then earn another 1% by paying the bills from my HDFC platinum DC.

IYKYK abt hdfc 1% DC Cashback 🤣

 

[Calm Radiance]

how did I miss this wonderful post! never came across this thread