Dining Movie & play spends card from Kotak credit cards

Kotak Mahindra Bank has launched a credit card which offers 10% cash back on dining and movie and play spends.  This cashback facility is offered throughout the year, the bank said in a statement.

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This credit card called Kotak Trump Card extends this cash back facility in all restaurants , fast food joints, pubs, bars and movie theatres, the bank added. The card doesn’t charge any interest to the customer for the first three months. Similarly, any purchase above Rs 5,000 can be converted into EMIs

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Kotak Credit Cards wins the Product of the Year Award for 2009

Kotak Credit Cards, from Kotak Mahindra Bank, one of India’s leading financial institutions, has won the country’s Product of the year award in the innovative products category on Saturday, Jan 17, 2009.

Speaking on the occasion, Mr. Subrat Pani, Business Head - Kotak Credit Cards said, “We are indeed very happy to be the proud recipient of the country’s Product of the Year Award. We consider this award special as Kotak Credit Cards has been designed on the basis of customer feedback which helped us form the three core tenets of our product – Relevant benefits, Simplified credit and transparent communication. This recognition fortifies our belief and endeavour of providing our customers with innovative and valuable services.”

Product of the Year, (POY) an independent survey on product innovation, has forayed into India to announce the country’s Product of the Year on January 17, 2009, at an event in Mumbai. Product of the Year is a global consumer recognition standard that celebrates and rewards the best innovations in retail products done through an independent consumer survey of consumers across the country.

The agenda for POY is providing a platform for consumers to identify the best innovations in the market to manufacturers and showcase them effectively. The concept has been running in 28 countries for the last 20 years. In India, the management has extended its scope to cover mobiles, electronics, durables, appliances and credit cards.

Kotak Mahindra Bank awards creative business of its credit card to JWT

Recently Kotak Mahindra Bank launched its credit card and it has awarded the creative business of its credit card to JWT. Industry sources have attached the size of the account upwards of Rs 15 crore. While the media business for this account continues to be with Starcom Worldwide.

Karthi Kumar Marshan, Head, Group Marketing, Kotak Mahindra Bank confirmed the development and said, “We have awarded the creative business to JWT and the agency has already started working on the creative work for our recently launched product.”

Currentlythe Kotak Mahindra Group has various other services in the domains of banking services, investment and insurance, and mutual funds, among others.