Kotak Mahindra Essentia Platinum Card vs American Express Membership Rewards Credit Card
Joining Fees
₹1,499
₹1,000
Editor's Rating
4.1
4.1
Key Features
- 10% Savings on Departmental & Grocery Store spends: For every Rs 100 you spend at Departmental & Grocery Stores, earn 10 Saving Points
- Avail 1 Saving Point for every Rs 250 you spend on other categories without any restrictions
- Spend Rs. 1, 25,000 every 6 months and get 6 free PVR tickets Or 1200 Reward Points
- Visa payWave facility is the fasted, safe and secured method of paying. Just wave the Kotak Visa payWave Credit Card and pay for transactions up to Rs. 2000 without a PIN
- Annual Membership Renewal Fee Waived if total spends on American Express Credit Card is Rs.1,50,000 and above; else 50% annual membership renewal fee will be waived off if total spends is Rs.90,000 to Rs.1,49,999
- Earn 1,000 Bonus Membership Rewards Points for simply using your Card 4 times on transactions of Rs. 1,000 and above every month
- Earn 5,000 Membership Rewards Points upon First Year Card Renewal, on payment of Annual Membership Fee. Points to be credited within 90 days of Card renewal
- Redeem Points from the fabulous 18 and 24 Karat Gold Collection
- Exciting Discounts of up to 20% every time you dine at select restaurants
Editor's Review
Pros
- The Redemption options are Cash, Airline tickets, Movie Tickets, Mobile Recharge, Branded Merchandise
- 10% cashback on grocery and retail spending
Cons
- Addon card Fees: Rs. 299
- No complimentary Airport Lounge access
Pros
- Use your American Express Credit Card for your next big purchase & pay in EMI
- Fuel Convenience Fee Waiver
- One of the highest point to INR conversion rates in the market
Cons
- No Golf/coaching sessions
- No complimentary Airport Lounge access
- High Renewal Fee
