 designed for budget-conscious individuals){kind=link}
PNB RuPay Platinum Credit Card is designed for middle-class people. This card is specially designed for those people who want reward points on their expenses. This card is issued by Punjab National Bank.
Card Type: Lifetime Free, Rupay Card
Fees:
- Joining Fee: No joining fee (the card is used once a quarter)
- Annual Fee: No annual fee (card used once in quarter)
- Otherwise – Rs. 500
Rewards:
Earning:
- 1 Reward Point for every Rs. 100 spent on retail purchases (excluding certain categories).
- You are given an additional 50 reward points on registering for digital bill facility
- Welcome bonus points are subject to change (check with PNB for the current offer).
Redemption:
- There are many options available on PNB’s Rewards Program portal on which you can redeem your credit card points.
- Travel tickets
- Merchandise
- Gift vouchers
- Statement credit
- 500 reward points are required for redemption.
- 1 Reward Point = Rs. 0.25.
- There are many options available on PNB’s Rewards Program portal on which you can redeem your credit card points.
Benefits:
- Accidental Insurance Coverage: The card provides you coverage amount in case of sudden death or permanent disability.
- Fuel Surcharge Waiver: Get a 1% waiver on fuel surcharge for transactions between Rs. 400 and Rs. 4,000 (maximum benefit Rs. 400 per statement cycle).
- Zero Lost Card Liability: Protects you from fraudulent charges on lost/stolen cards.
- UPI Payment: You can make a payment by linking this card to UPI.
Eligibility:
- AADHAAR Registered Mobile number
- Aadhar Card
- PAN Number
- latest 2 Year ITR Return
- latest 6 months’ Account statement
Pros & Cons
Pros:
- No joining fee and potentially waived annual fee: It doesn’t require a joining fee, and the yearly fee can be waived by using the card at least once per quarter.
- Rewards on everyday spending: You can earn 1 reward point on your regular spend of Rs 100.
- Limited benefits: You get features like accident insurance coverage and fuel surcharge waiver with this card.
- RuPay network acceptance: RuPay Network cards are widely accepted by merchants in India.
Cons:
- Lower rewards rate: You get Rs 0.25, the value of 1 reward point on this card.
- Spend-based fee waiver: You have to use this card once in 3 months to get the fee waived off
Please Read Our other credit card reviews
- Standard Chartered Platinum Rewards Card
- IRCTC SBI Platinum Rupay Credit Card
- IndusInd Platinum RuPay Credit Card
- HSBC Visa Platinum Credit Card
- Yes Bank RuPay Credit Card
Disclaimer
We have obtained the information about the PNB RuPay Platinum Credit Card card from the internet and the Punjab National Bank website. If there is any change in the card in the future, then CredBanking will not take any responsibility for this.