M16S / Jammu and Kashmir Bank / J&K Bank Platinum Privilege Credit Card
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J&K Bank Platinum Privilege Credit Card
The J&K Bank Platinum Privilege Credit Card charges no annual fee and no joining fee. It earns 1 point per Rs 100 on monthly spend up to Rs 15,000. Accelerated earn: 2 points per Rs 100 on monthly spend above Rs 15,000. The forex markup is 1.99%. Lounge visits in India: 1 per quarter. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- —
- Forex markup
- 1.99%
- Interest
- 3%a month
What changed on this card
- J&K Bank adds welcome vouchers on new credit cards from 1 April 2026
Newly issued cards get a welcome gift voucher on the first eligible transaction from 1 April 2026: INR 500 on Eminent and INR 250 on Platinum Privilege and Platinum. Source: J&K Bank, jkb.bank.in, read 28 Oct 2026
- J&K Bank revises credit card reward structure from 1 April 2026
From 1 April 2026 Eminent earns 1 Reward Point per INR 100 and 3 points on online travel, apparel, dining and electronics; Platinum earns 2 points per INR 100 on online, department store, pharmacy and utility spends; Platinum Privilege earns 2 points on monthly spends beyond INR 15,000. No points on insurance, education, rent, wallet, fuel, cash and select transport and toll transactions. Source: J&K Bank, jkb.bank.in, read 28 Oct 2026
- J&K Bank starts quarterly spend milestone vouchers from 1 April 2026
Quarterly milestones are counted from 1 April 2026 for existing and new cards: Eminent gets a INR 750 voucher on quarterly spends above INR 1,50,000, Platinum a INR 500 voucher above INR 75,000, and Platinum Privilege INR 100 to INR 350 vouchers on quarterly spends from INR 30,000. Source: J&K Bank, jkb.bank.in, read 28 Oct 2026
- J&K Bank adds lounge and lifestyle benefits on revamped credit cards from 12 March 2026
Travel, lifestyle and entertainment benefits apply from 12 March 2026: Eminent gets 2 domestic lounge visits per quarter and 1 international visit per half-year, Platinum Privilege 1 domestic visit per quarter, and Platinum 2 domestic visits per year (1 per half-year). Source: J&K Bank, jkb.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Joining, annual and renewal fees nil. |
Rewards
| Welcome benefit | Rs 250 voucher |
|---|---|
| Reward currency | Reward Points |
| Base earn | 1 point per Rs 100 on monthly spend up to Rs 15,000 |
| Point valueunverified | Not stated on the page read; redemption via rewards.jkb.bank.in |
| Accelerated earn | 2 points per Rs 100 on monthly spend above Rs 15,000 |
| Spends that earn nothing | Insurance, educational institutions, rent, wallet loads, fuel, cash withdrawals, select transport/toll transactions |
| Points expiry | 3 years from transaction date |
| Milestone benefits | One voucher per quarter: Rs 100 on quarterly spend of Rs 30,000-49,999; Rs 200 on Rs 50,000-74,999; Rs 350 on Rs 75,000 or more |
| Reward notes | No base return computed because the bank does not publish a rupee value per point on the page read. |
Travel and perks
| Domestic lounge | 1 per quarter |
|---|---|
| Lounge conditions | No spend condition stated. |
| Forex markup | 1.99% |
| Fuel surcharge waiver | 1% on fuel spends up to Rs 5,000 a month |
| Other freebies | 15% off (up to Rs 75) on minimum Rs 500 spend at eligible lifestyle and food-delivery merchants, once a month. |
Charges and eligibility
| Interest per month | 3% |
|---|---|
| Late payment fee | Nil if amount due is up to Rs 100; Rs 250 if above Rs 100 |
| Cash advance fee | 3% per transaction, min Rs 300 (own, other-bank and overseas ATMs) |
| Eligibility | Only for employees of government departments/organisations that have an MoU with the bank |
| Fine-print notes | Bank page (schedule of fees and MITC text): finance charge 3% p.m. (36% p.a.; APR 42.57%); interest-free period 20-50 days on retail purchases if previous bill paid in full; statement on the 20th, due 20 days later; minimum due 5% of balance plus over-limit amount and EMIs; over-limit fee 2.5% (min Rs 400); card replacement Rs 200 + GST; rent payments (MCC 6513) carry a 1% fee; EMI on transactions above Rs 2,500 at 14.99% with Rs 99 processing fee and 3% pre-closure. Card valid 5 years. Portfolio was revamped and renamed in August 2026. The last ~9% of the page text (tail of the MITC) was not read. Point redemption value is not published on the page. Formerly the Government Card. Lifetime free with 1.99% forex markup, but restricted to MoU employers. |
Questions
- What is the annual fee of the J&K Bank Platinum Privilege Credit Card?
- No annual fee.
- Does the J&K Bank Platinum Privilege Credit Card give airport lounge access?
- Yes. In India: 1 per quarter. Outside India: none listed. Conditions: No spend condition stated.
- What is the forex markup on the J&K Bank Platinum Privilege Credit Card?
- 1.99% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the J&K Bank Platinum Privilege Credit Card?
- Insurance, educational institutions, rent, wallet loads, fuel, cash withdrawals, select transport/toll transactions