Kotak Mahindra BankPVR INOX
Kotak Mahindra Bank ·
PVR INOX
Joining ₹0 · Annual ₹499 · No spend-based waiver. Kotak lists the waiver condition as 'NA'
Earns PVR INOX M-Coupons · assumed 300 ₹/point. Each milestone M-Coupon is worth up to ₹300 per ticket, only if redeemed at PVR INOX within 60 days of claim
Verified 7 Aug 2026Forex markup3.5%
GolfNone
ConciergeNone
Fuel surchargeNone
Domestic loungeNone
International loungeNone
EMI₹249 per conversion at a merchant, up to 3.5% of the amount converting a billed balance processing fee · A converted purchase stops earning rewards · Kotak's own two pages disagree here. The Instant EMI terms state a one time fee of ₹249 per conversion while the product page claims no processing fee at all, so expect ₹249 and check the charge slip. Converting a bill afterwards costs up to 3.5% of the amount. Gold cannot be converted.
Milestones
- ◆ Spend ₹10,000 per month → 1 free PVR INOX ticket M-Coupon (up to ₹300) per billing cycle Worth ₹300
- ◆ Spend ₹50,000 per month → Scales linearly, 1 ticket per ₹10,000 slab (5 tickets at ₹50k), no stated monthly cap Worth ₹1,500
Return by category
| Category | Return | Notes |
|---|---|---|
| Online spend | 0% | Base rate |
| Amazon | 0% | Base rate |
| Flipkart | 0% | Base rate |
| Subscriptions & OTT | 0% | Base rate |
| Offline spend | 0% | Base rate |
| UPI spending | 0% | Network not recorded for this card, and UPI needs RuPay. Treated as unavailable until confirmed. |
| Dining | 0% | Base rate |
| Swiggy | 0% | Base rate |
| Zomato | 0% | Base rate |
| Groceries | 0% | Base rate |
| Quick commerce | 0% | Base rate |
| Swiggy Instamart | 0% | Base rate |
| Blinkit | 0% | Base rate |
| BigBasket | 0% | Base rate |
| Movies & shows | 0% | The 5% is a flat discount on PVR INOX tickets only, plus 20% off food and drink there. Any other cinema or ticketing site earns nothing on this card. |
| BookMyShow | 0% | Uses its movies rate |
| PVR INOX | 5% | Flat 5% instant discount on PVR INOX tickets booked with the card (a discount, not points). 20% off food & beverages on top. Milestone free tickets are separate |
| Fuel | 0% | Base rate |
| Travel (general) | 0% | Base rate |
| Flights | 0% | Base rate |
| Hotels | 0% | Base rate |
| MakeMyTrip | 0% | Base rate |
| IRCTC rail | 0% | Base rate |
| International | −3.5% | 0% reward − 3.5% forex markup |
| Utilities & bills | 0% | Base rate |
| Rent | 0% | Earns nothing and doesn't count toward ticket milestones |
| Education fees | 0% | Base rate |
| Insurance premiums | 0% | Base rate |
| Government & tax | 0% | Base rate |
| Wallet loads | 0% | Wallet loads excluded from milestone spend |
| Anything else | 0% | Base rate |
| Jewellery | 0% | Base rate |
Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.
Also worth knowing
- Flat 5% off movie tickets at PVR INOX, every booking
- 20% off food & beverages at PVR INOX cinemas
- Complimentary access to premium PVR INOX in-cinema lounges (LUXE/INSIGNIA)
- M-Coupons valid 60 days from claim. Effective return is lumpy: 3% at exact ₹10k multiples, 0% between slabs
- Card network unconfirmed across sources (one weak mention of Visa)
Other exclusions
- Online skill-based gaming excluded from milestone spend
Sources
Every figure above comes from the issuer's own pages and documents. Last verified 7 Aug 2026.