Kotak Mahindra League Platinum Credit Card Review

Kotak Mahindra League Platinum Credit Card is designed to meet a combination of business and personal needs for young and ambitious businessmen. Income eligibility for owning this card is Rs. 15lakh and above per annum and with a Joining fee of Rs.3000 to Rs.12000 makes it accessible and affordable only to a few. The card is one of the most expensive cards on offer, though it has no Annual fee whatsoever.

As for the card privileges and benefits on offer it needs to justify its high cost. The card welcomes it users with few gimmicks like a designer watch which is common feature among credit cards. As for the card’s Reward Points program which is extremely dynamic in nature. It offers one Reward point for every Rs 100 spent which is slightly lower keeping in mind the card’s section, however, feature like auto en-cash of Reward Points makes it extremely convenient for users. Also there is an option to convert Reward points into Air Miles in order to avail travel benefits; is a feature available in very few credit cards.
Less number of Reward Points available per expenditure is the only hindrance in the Reward Points program keeping in mind the volume of transactions the card will be used for.

The card also has feature like League Priority Attend in which the bank reaches you for any of your queries instead of you reaching the bank, which is rightly designed keeping in mind the class of the users. The card has host of discount benefits be it at Taj or Petrol pumps in India. Also avail discount benefits on shopping and booking of movie tickets online. The card users also have access to over 600 VIP lounges across the world through Priority Pass.

The card when compared with regards to features and benefits on offer with cards like HSBC Platinum Credit Card and Standard Chartered Platinum Elite Card it is very much at par. The interest rate offering is one of the important criteria in these sections of cards due to volume of transactions. The interest rate offering on Kotak Mahindra League Platinum Credit Card is 3.10% p.m. which is more or less similar in comparison to the other cards belonging to this section.