Make Every Payment Count With KVB Platinum Credit Card

Bio

Sandipan Mitra is the CEO and co-founder of Pice. He boasts eight years of experience in the B2B and fintech sector. Sandipan's journey includes significant roles at multiple Indian Unicorns Including Product at PayU, and as founding member / VP, Product at Open Financial Technologies.

20 Mar 26
3 mins

Sandipan Mitra

08 Mins
20-03-26

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Table of Contents

KVB Platinum Credit Card Benefits
KVB Platinum Credit Card Charges

Earn 2 reward points on spending ₹150.
1.5X rewards on dining, travel, movies, and insurance purchases.
Get the annual fee of ₹599 waived on spending ₹1,00,000 yearly.

The KVB Platinum Credit Card from Karur Vysya Bank is suitable for new credit cardholders who want a simple rewards card. It offers useful benefits on everyday spending, such as books, insurance, movies, or medical expenses.

You can earn 2X reward points on every ₹150 spent on domestic or international travel bookings, including hotels and air tickets. The card carries an annual fee of ₹599 but no joining fee.

Keep reading to know more about the benefits offered by this credit card!

KVB Platinum Credit Card Benefits

The KVB Platinum Card welcomes you with 500 bonus reward points on card activation. You can also request add-on cards without any fee, while VISA periodically provides special partner offers.

What other features make the KVB Platinum Credit Card valuable for everyday spending?

Receive 1.5X rewards on restaurants, medical expenses, books, insurance, rail tickets, movie tickets, or car rentals.
Annual fee waiver applies when yearly spending exceeds ₹1,00,000.
Contactless payments are allowed up to the RBI limit of ₹5,000 per transaction.
Enjoy 1% fuel surcharge waiver on spends between ₹500 and ₹4,000, capped at ₹200 per billing cycle.
The card offers an interest-free grace period of up to 45 days from the transaction date.

KVB Platinum Credit Card Charges

All KVB Platinum Card dues must be cleared within 15 days from the bill generation date. Finance charges apply at 3.25% per month, equivalent to 39% annually.

The table below outlines some other applicable charges for the card:

Parameters	Charges
Card Replacement	₹199
Cash Withdrawal	2% or ₹300, whichever is higher
Foreign Currency Markup	3.5%
Overlimit Charges	2.5% or min. ₹500
Late Payment Charges	₹100 for ₹200 - ₹500₹300 for ₹501 - ₹2500₹500 for ₹2501 - ₹10000₹800 for ₹10001 - ₹25000₹1000 for ₹25001 and above

💡Paying late payment charges every month? Install the Pice app on your phone and put a stop to it by getting monthly credit card bill payment reminders. Also, pay your credit card bills and track their status all on the same secure platform.

Footnotes

The credit card remains valid for 5 years from the issue date, subject to continued eligibility as per bank policies.
The credit limit usually ranges between ₹25,000 and ₹5,00,000, depending on the applicant's profile.

FAQs

What is the reward redemption rule for the KVB Platinum Card?

Each reward redemption request carries a ₹99 fee. The first redemption requires at least 2,000 reward points. Later redemptions require 250 points. Unclaimed points expire after 3 years.

What are the EMI options on the Platinum KVB Card?

Transactions above ₹500 can be converted to EMI. The maximum amount can reach the full credit limit. Interest rates range between 15% and 22% based on the customer relationship.

How does balance transfer work on the KVB Platinum Credit Card?

Balance transfer is available for transactions starting from ₹10,000. The applicable interest rate for balance transfer is 18%.

Make Every Payment Count With KVB Platinum Credit Card