Kotak Mahindra Bank Visa Credit Card

I have been using kotak PVR credit card for over 2 years now and I simply LOVE It.

Upside -

1. 2 FREE PVR movie tickets every month . If you get the recliner seat in last row(lazy boy) then each seat is over rs 600 bucks so you save rs 1200 PER month and get to watch free movies in super comfort and style.

2. One extra ticket if you spend over rs750 in pvr cinema using ur card that month - so if you buy extra tkts or popcorn etc online using ur cc, then u can get 1 more free ticket.

3. Ticket validity is 2 months - so you get ample time to wait for a good movie or collect coupons and go in a group:)

4. Great customer support

Downside -

1. Minimum spend of rs 7500 per month to avail offer - Its not such a big downside for me as I use cards a lot .

2. Annual fee of rs 999 - This is a huge drawback considering most cards are FREE. but if I consider that I save that much in a month, then its totally worth the 12x ROI I get.

3. There is no other point redemption system - so once you get your 2 free tkts, any extra spends on the card are pretty much useless - you dont earn any rewards or points for anything over rs 7500 spend.