Kotak Essentia Platinum Credit Card (DISCONTINUED): Reference for Existing Cardholders

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Discontinued for new sourcing

Status: Kotak Mahindra Bank has discontinued the Essentia Platinum for new applications — the card is shown only as a reference for existing cardholders, who continue to enjoy their benefits. New applicants should consider Kotak’s current line-up instead. This review documents the card for existing holders and those researching it.
Verified against Kotak’s official page (June 2026): 10 Saving Points per ₹100 at departmental & grocery stores (max 500 SP/month; transactions ₹1,500–₹4,000); 1 Saving Point per ₹250 on other categories. Milestone: spend ₹1,25,000 every 6 months for 6 free PVR tickets or 1,200 reward points. Fee: ₹1,499 first year, ₹749 from the second year. Redeem for recharge, shopping (10,000+ products), e-vouchers, movies and travel.

Kotak Essentia Platinum Credit Card Review

Kotak Mahindra Bank · Grocery/essentials rewards · Visa
Reference (discontinued for new sourcing)
10 SP/₹100 grocery & dept
6-monthly PVR milestone
₹1,499 / ₹749 fee

The Kotak Essentia Platinum was built around everyday essentials — accelerated Saving Points at grocery and departmental stores, plus a half-yearly movie-ticket milestone. Kotak has since stopped issuing it to new applicants; this review documents it for existing holders and comparison shoppers.

TL;DR: An essentials-focused card earning 10 Saving Points per ₹100 at grocery and departmental stores (capped 500 SP/month) and 1 SP per ₹250 elsewhere, with a half-yearly milestone of 6 free PVR tickets or 1,200 points on ₹1.25 lakh spend. Fee was ₹1,499 (first year) then ₹749. It is now discontinued for new sourcing — existing holders keep their benefits; new applicants should look at Kotak’s current cards.
What it offered
  • 10 Saving Points per ₹100 on grocery & departmental spends
  • Half-yearly milestone: 6 PVR tickets or 1,200 points
  • Wide redemption (recharge, shopping, vouchers, movies, travel)
  • Useful for everyday essentials spenders
Limitations
  • Discontinued for new sourcing
  • Grocery points capped at 500 SP/month
  • Low 1 SP/₹250 base rate elsewhere
  • Transaction-size band (₹1,500–₹4,000) for accelerated earn
  • No lounge access

Rewards (for existing holders)

ItemDetail
Grocery & departmental10 Saving Points per ₹100 (max 500 SP/month; txn ₹1,500–₹4,000)
Other categories1 Saving Point per ₹250
Milestone₹1,25,000 every 6 months → 6 PVR tickets or 1,200 points
Fee₹1,499 (year 1), ₹749 (year 2 onwards)
RedemptionRecharge, 10,000+ products, e-vouchers, movies, travel

If you’re shopping for an alternative

SBI SimplySAVE

10X points on everyday offline categories — a strong essentials earner

HDFC Millennia

5% cashback on top merchants + lounge access

Kotak Urbane Gold

Another Kotak rewards card with a PVR milestone

Browse all reviews

Compare current grocery and everyday cards

Bottom line

The Kotak Essentia Platinum was a sensible card for grocery and departmental-store spenders, with a handy half-yearly PVR milestone. Since it’s discontinued for new sourcing, existing holders can keep using it, but new applicants should pick a current essentials card such as SBI SimplySAVE or HDFC Millennia.

Frequently asked questions

Can I still apply for this card?

No — Kotak has discontinued the Essentia Platinum for new sourcing. It’s shown only for existing cardholders.

What did it earn?

10 Saving Points per ₹100 at grocery and departmental stores (capped 500 SP/month) and 1 SP per ₹250 on other spends.

What was the milestone benefit?

Spending ₹1,25,000 every six months earned 6 free PVR tickets or 1,200 reward points.

What should I get instead?

Consider current essentials cards like SBI SimplySAVE or HDFC Millennia.

Updated June 2026, cross-checked against Kotak’s official page and aggregators. Discontinued for new sourcing — existing cardholders should confirm their current terms on kotak.bank.in.

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