What is the forex markup on the Punjab National Corporate Credit Card (Visa Classic/Gold/Platinum)?

3.5% of each foreign-currency transaction, before GST.

M16S / Punjab National Bank / Punjab National Corporate Credit Card (Visa Classic/Gold/Platinum)

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Punjab National Corporate Credit Card (Visa Classic/Gold/Platinum)

Punjab National BankVisaLast checked 11 Oct 2026

The Punjab National Corporate Credit Card (Visa Classic/Gold/Platinum) costs Rs 2,000 a year. Its base return is 0.25%. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

Annual fee: Rs 2,000+ GST
Fee waived at: —
Base return: 0.25%
Forex markup: 3.5%
Interest: 2.95%a month

Fees

Joining fee	Rs 2,000
Annual fee	Rs 2,000
Fee notes	Corporate liability: joining Rs 2,000 and annual Rs 2,000. Individual liability: joining Rs 1,000 and annual Rs 1,000. No waiver stated.

Rewards

Reward currency	PNB Rewardz points
Base earn	1 point per Rs 100 (corporate card with individual liability, per rewards page)
Base return	0.25%
Point value	1 point = Rs 0.25 (card page and MITC). The bank's rewards page separately states 1 point = Rs 0.50; the lower, MITC figure is used here.
Points expiry	3 years from accrual (rewards page)
Reward notes	Minimum redemption 1,000 points; redeem via PNB Rewardz catalogue, cashback to card account or paper form. No redemption fee is published. The MITC says reward value may be changed at the bank's discretion. Excluded spend categories are not published. base_return_pct = 1 point x Rs 0.25 / Rs 100 = 0.25%. Rewards page lists an earn rate only for the individual-liability corporate card.

Travel and perks

Forex markup	3.5%

Charges and eligibility

Interest per monthunverified	2.95%
Late payment feeunverified	Total due up to Rs 1,000: Nil; Rs 1,001-5,000: Rs 500; Rs 5,001-10,000: Rs 600; above Rs 10,000: Rs 750
Cash advance fee	2% or Rs 100 (PNB ATMs) / Rs 150 (other domestic ATMs) / Rs 250-300 (overseas), whichever is higher; cash limit 20% of credit limit
Fine-print notes	Documented from the schedule of fees and charges and the rewards page; no product page found. Eligibility, lounge and fuel terms not published. The retail MITC covers consumer cards; corporate terms may differ.

Questions

What is the annual fee of the Punjab National Corporate Credit Card (Visa Classic/Gold/Platinum)?: Rs 2,000 a year, before GST.
What is the forex markup on the Punjab National Corporate Credit Card (Visa Classic/Gold/Platinum)?: 3.5% of each foreign-currency transaction, before GST.