Kotak Mahindra Essentia Platinum Card vs SimplySave SBI Card

• 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

• Spend Rs. 2,000 or more in first 60 days and get 2,000 bonus Reward Points
• Renewal Fee reversed if annual spends for last year is more than Rs. 1,00,000
• Get 10 Reward Points per Rs 150 spent on Dining, Movies, Departmental Stores and Grocery Spends
• On all other spends, earn 1 Reward Point per Rs 150 spent
• 1% fuel surcharge at any petrol pump. Transact an amount between Rs. 500 to Rs. 3,000 at any petrol pump in India to avail this offer
• With SimplySAVE SBI Card, daily purchases will be much easier. Simply wave the card at a secure reader to transact
• Transfer the outstanding balance of other banks’ credit cards to SimplySAVE SBI Card, and avail a lower rate of interest and pay back in EMIs
• With the facility of Flexipay, convert transactions in easy monthly installments. Make purchases for Rs. 2,500 or more using SimplySAVE SBI Card

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

• 1% fuel surcharge at any petrol pump
• Enjoy 10 Reward Points per Rs 150 spent on Dining, Movies, Departmental Stores and Grocery Spends
• Get annual membership fee reversal from second year of your subscription

Cons

• No Golf/coaching sessions
• Fee waiver on minimum spend of Rs. 1,00,000
• No complimentary Airport Lounge Access