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J&K Bank Platinum Credit Card

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Product Details
Credit Card Name : 

J&K Bank Platinum Credit Card

Bank Name :

J&K Bank

Type :

Lifestyle Credit Card

Interest Rate : 

3% per month and APR (Annualized
Percentage Rate of 36%)

Eligibility :

Primary Card holder should be in the age bracket of 21 years to 65 years.
Add-on Card holder should be 15 years and above
Net Income - Rs. 15 lakh and above per annum
Should have a good CIBIL credit score
Should be a resident of India

J&K Bank Platinum Credit Card
Pros
  • Welcome Offer- Avail welcome abroad offers of Rs.4000 across premium brands. 

  • Cash Limit- Get 20% of the credit limit subject to a maximum of Rs.1.6 lakh. 

  • Credit Limit: Above Rs 30000 upto Rs 4 lacs Concierge Services- Avail the global concierge services in which you can get Mastercard Global Emergency Services for any card-related needs, like emergency cash advances within 2 hours, card replacement within 24 hours in the U.S. and in 48 hours worldwide. 

  • Waiver of Annual Charges subject to Min Purchase of Rs 75000.00 in a year 

  • 20-50 days Credit Free Period Revolving Credit Facility on paying of minimum payment due in the same billing period. 

  • Hassle free Credit facility at competitive rate of interest. 

  • Cash Withdrawal Facility upto 40% of total credit limit. 

  • Loyalty programme 24 Hour Customer Assistance. 

  • EMI Scheme on Credit card Purchases and outstanding balance.

Cons
  • Limited add-on features. 

  • No domestic or international lounge access facility is available. 

  • No cashback offers are provided.

Pros & Cons
Welcome Benefits
Welcome Offer- Avail welcome abroad offers of Rs.4000 across premium brands.
Rewards System
  • 1 reward point = INR 1. 

  • Every time you use your card in India or abroad, you will earn 1 reward point on every Rs.200/- spent on the Card except on fuel purchase and cash withdrawal transactions.

  • Effective Cashback Rate: 1%

International Forex Markup

IFM- 3.50%

Welcome Benefits and Reward System
Special Features
None
Eligibility Criteria

Primary Card holder should be in the age bracket of 21 years to 65 years.
Add-on Card holder should be 15 years and above
Net Income - Rs. 15 lakh and above per annum
Should have a good CIBIL credit score
Should be a resident of India

Benefits
  • Welcome Offer- Avail welcome abroad offers of Rs.4000 across premium brands. 

  • Cash Limit- Get 20% of the credit limit subject to a maximum of Rs.1.6 lakh. 

  • Credit Limit: Above Rs 30000 upto Rs 4 lacs Concierge Services- Avail the global concierge services in which you can get Mastercard Global Emergency Services for any card-related needs, like emergency cash advances within 2 hours, card replacement within 24 hours in the U.S. and in 48 hours worldwide. 

  • Waiver of Annual Charges subject to Min Purchase of Rs 75000.00 in a year 20-50 days Credit Free Period 

  • Revolving Credit Facility on paying of minimum payment due in the same billing period. 

  • Hassle free Credit facility at competitive rate of interest. 

  • Cash Withdrawal Facility upto 40% of total credit limit. 

  • Loyalty programme 24 Hour Customer Assistance. 

  • EMI Scheme on Credit card Purchases and outstanding balance.

Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online: Visit the Jammu and Kashmir Bank website and go to the Credit Cards section. Click on the "Apply Now" button for the J&K Bank Platinum Credit Card. Fill in the online application form with your personal and financial details. Submit the application form and wait for approval. Required documents: Proof of identity (Aadhaar card, PAN card, or passport). Proof of income (salary slips, bank statements, or income tax returns). Proof of address (Aadhaar card, bank statement, or utility bill).
Contact Details

https://www.jkbank.com/
Toll Free line 1800 890 2122 or 91194 2481936 /2481953.

Account Opening and Procedure

Recommended Credit Cards

Pros:-

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Cons:-

  • Welcome Offer- Avail welcome abroad offers of Rs.4000 across premium brands. 

  • Cash Limit- Get 20% of the credit limit subject to a maximum of Rs.1.6 lakh. 

  • Credit Limit: Above Rs 30000 upto Rs 4 lacs Concierge Services- Avail the global concierge services in which you can get Mastercard Global Emergency Services for any card-related needs, like emergency cash advances within 2 hours, card replacement within 24 hours in the U.S. and in 48 hours worldwide. 

  • Waiver of Annual Charges subject to Min Purchase of Rs 75000.00 in a year 

  • 20-50 days Credit Free Period Revolving Credit Facility on paying of minimum payment due in the same billing period. 

  • Hassle free Credit facility at competitive rate of interest. 

  • Cash Withdrawal Facility upto 40% of total credit limit. 

  • Loyalty programme 24 Hour Customer Assistance. 

  • EMI Scheme on Credit card Purchases and outstanding balance.

  • Limited add-on features. 

  • No domestic or international lounge access facility is available. 

  • No cashback offers are provided.

HDFC Bank Biz Power Credit Card

The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.

Abhijeet Saxena

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

Product Review
Fees & Charges
  • Joining fee: INR 0. 

  • Annual Fee: INR 200 

  • Cash withdrawal fee at ATM: 3% of transaction amount (subject to a minimum of Rs. 300. 

  • Late payment fee: INR 100) Interest Rates: 3% per month and APR (Annualised Percentage Rate of 36%) Late Payment Charges: Rs. 100/- 

  • Foreign Currency Transactions Fees: 3.5%. 

  • Reward Redemption Fees: Rs. 100/-

Fuel Surcharge
Offers a fuel surcharge waiver of up to Rs. 5,000 per month. To avail of the fuel surcharge waiver, you must make sure that your total fuel purchase for the month does not exceed Rs. 5,000. If your total fuel purchase exceeds Rs. 5,000, you will be charged a fuel surcharge of 1% of the amount that exceeds Rs. 5,000.
Billing Cycle

30 days

Fees & Charges
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