Reward rate of Kotak League Platinum credit card

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Also check for conditions on pvr tickets(like imax/gold class screen etc not allowed).

Kotak cards have very bad reward rates.

Now whatever points u earn in your credit card u need to convert the same to KR ( Kotak Rewards Points ) 

Conversion ratio for league platinum  = 40 KR Points for every 100 points .  

These KR points can be used for buying vouchers 100 KR points = 25 rs GV

Lets assume a case 

Kotak League Platinum = 400 points per 10000 ( excluding special category which will be 2x normal rates)

Conversion to KR ( 400 / 100 *40 ) = 160 KR points 

Conversion of KR into Cash ( 160 KR /100 * 25 ) = Rs. 40 

Hence your reward rate on normal and twice in case of special categories = 0.4 % .

Do i recommend Kotak Cards : Simple Answe is Yes do not close the card unless u have Annual Fees 

Reason : They are the best in providing Credit Limit Enhancement even if u do not even use their cards . I have found it to be even better than HDFC . Simple example in March End my CC Limit was increased to 8 lacs . 2 months later they have again increased it to 9.4 lacs. Though this time its been exceptional just in 2 months 2 Credit Limit Increase but you can easily expect to get Credit Limit Increases every 6 months even if u have 0 activity in this card . This will ensure you can get some very high end cards like ( Standard Chartered Ultimate ) in a few years or maybe apply for C2C which will give u better Credit Limits as salary based limits are generally low  on an average around 2 months of ur monthly salary