M16S / Punjab National Bank / Punjab National Luxura Metal Credit Card (RuPay Ekaa)
super-premium · rewards, travel
Punjab National Luxura Metal Credit Card (RuPay Ekaa)
The Punjab National Luxura Metal Credit Card (RuPay Ekaa) costs Rs 7,500 a year, waived if you spend Rs 8,00,000 in a year. Its base return is 1% (4 points per Rs 100). Accelerated earn: 3X points on travel and dining. The forex markup is 0%. Lounge visits in India: Unlimited for the cardholder. Abroad: Unlimited for the cardholder. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 7,500+ GST
- Fee waived at
- Rs 8,00,000annual spend
- Base return
- 1%
- Forex markup
- 0%
- Interest
- 2.95%a month
What changed on this card
- PNB credit card charges rise from 1 Nov 2026: cash, late fee, rewards
From 1 November 2026, PNB Visa and RuPay credit cards pay 2.5% on cash advances, late fees up to Rs 1,200, Rs 99 per reward redemption and 1% on utility bills above Rs 50,000 a cycle.
- PNB credit cards add 1% fee on utility payments above Rs 50,000, Nov 2026
From 1 November 2026 utility payments above Rs 50,000 in a billing cycle carry a 1% charge, at most Rs 2,000 per transaction. It was nil before. Source: Punjab National Bank, creditcard.pnb.bank.in, read 28 Oct 2026
- PNB credit cards add Rs 99 fee per reward redemption, Nov 2026
From 1 November 2026 each reward redemption request on PNB Visa and RuPay credit cards costs Rs 99 plus GST. It was nil before. Source: Punjab National Bank, creditcard.pnb.bank.in, read 28 Oct 2026
- PNB credit cards raise returned payment fee to 2% of amount, Nov 2026
From 1 November 2026 a returned cheque or failed ECS or auto debit costs 2% of the payment amount with a minimum of Rs 400. Before, it was Rs 100 per instrument on Visa Classic and Gold, Rs 250 on Visa Platinum and Signature, and Rs 200 on the other variants. Source: Punjab National Bank, creditcard.pnb.bank.in, read 28 Oct 2026
- PNB credit cards reset late payment fee bands, Nov 2026
From 1 November 2026 late fee on Total Amount Due is nil up to Rs 500, Rs 500 up to Rs 1,000, Rs 750 up to Rs 10,000, Rs 1,000 up to Rs 50,000 and Rs 1,200 above. Before, it was nil up to Rs 1,000, then Rs 500, Rs 600 and Rs 750 above Rs 10,000. Source: Punjab National Bank, creditcard.pnb.bank.in, read 28 Oct 2026
- PNB credit cards raise cash advance fee to 2.5%, Nov 2026
From 1 November 2026 cash advance on PNB Visa and RuPay credit cards is 2.5% of the amount or Rs 400 at PNB ATMs, Rs 500 at other domestic ATMs and Rs 500 at overseas ATMs, whichever is higher. Before, it was 2% with minimums from Rs 100 to Rs 300 depending on the variant and ATM. Source: Punjab National Bank, creditcard.pnb.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 | Rs 9,000 |
|---|---|
| Annual fee | Rs 7,500 |
| Annual spend that waives the feeunverified | Rs 8,00,000 |
| Fee notes | Joining fee Rs 9,000 charged only if spends are below Rs 2.5 lakh within three billing cycles of activation, or if the card is closed within 90 days. Annual fee Rs 7,500 waived if annual spends exceed Rs 8 lakh (card page and schedule of charges; the MITC's 'PNB Metal' row says Rs 6 lakh). Add-on: metal Rs 9,000 joining / Rs 7,500 annual; non-metal Rs 6,000 / Rs 4,500. |
Rewards
| Welcome benefit | 20,000 reward points on Rs 50,000 spend within 90 days of activation |
|---|---|
| Reward currency | PNB Rewardz points |
| Base earn | 4 points per Rs 100 |
| Base return | 1% |
| Point value | 4 points = Rs 1 (Rs 0.25 per point), per card page |
| Accelerated earn | 3X points on travel and dining |
| Points expiry | 3 years from accrual (rewards page) |
| Milestone benefits | 10,000 points at Rs 5 lakh annual spend; 14,000 points at Rs 10 lakh; 26,000 points at Rs 15 lakh |
| Reward notes | base_return_pct = 4 points x Rs 0.25 / Rs 100 = 1.0%; 3X on travel and dining implies 3%. Caps on the 3X categories and excluded categories are not published. Minimum redemption 1,000 points. Welcome and milestone points are worth Rs 5,000 and Rs 2,500/3,500/6,500 at Rs 0.25. |
Travel and perks
| Domestic lounge | Unlimited for the cardholder |
|---|---|
| International lounge | Unlimited for the cardholder |
| Lounge conditions | No spend condition published. Visa-application service (OneVasco) lounge for 2 visitors once a year. |
| Forex markup | 0% |
| Fuel surcharge waiver | 1% (min Rs 12.50) on single fuel transactions above Rs 500 and below Rs 4,000, cap Rs 350 per billing cycle |
| Other freebies | 4 golf lessons/rounds per year (1 per quarter); ITC Hotels 2+1 nights, 1+1 set menu dining and 1+1 spa; HoteLux Elite Plus membership; BookMyShow BOGO up to Rs 500 once a month; 24x7 concierge; personal accident cover Rs 50 lakh, air accident Rs 1 crore, purchase protection Rs 2 lakh, baggage loss Rs 20,000 |
Charges and eligibility
| Interest per month | 2.95% |
|---|---|
| Late payment fee | 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 150 (PNB ATMs) / Rs 200 (other domestic ATMs) / Rs 300 (overseas), whichever is higher; cash limit 20% of credit limit |
| Eligibility | Age 21-70. Salaried: gross monthly salary Rs 1.5 lakh or more. Non-salaried: annual income Rs 18 lakh or more. Also issued against a fixed deposit of at least Rs 1.5 lakh. Credit limit Rs 1 lakh to Rs 50 lakh. |
| Fine-print notes | Forex refunds also attract the 3.5% fee. Over-limit fee 2.5% (min Rs 500; Rs 250 on Visa Classic/Gold). Railway surcharge 2.5% at counter, up to 1.8% on IRCTC. EMI: Instant EMI 12% p.a. (3-12 months), 14% p.a. (18/24 months), processing 2% min Rs 100. MITC and schedule of charges carry no date. A card unused for a year may be closed after intimation. FD-backed versions carry 1.5% per month interest and a different late fee (30% of minimum due, Rs 200-500). Zero forex markup per card page and schedule of charges. Metal card replacement costs Rs 4,000 + GST. Waiver threshold differs between documents (Rs 8 lakh vs Rs 6 lakh). |
Questions
- What is the annual fee of the Punjab National Luxura Metal Credit Card (RuPay Ekaa)?
- Rs 7,500 a year, before GST. It is waived if you spend Rs 8,00,000 in a year.
- Does the Punjab National Luxura Metal Credit Card (RuPay Ekaa) give airport lounge access?
- Yes. In India: Unlimited for the cardholder. Outside India: Unlimited for the cardholder. Conditions: No spend condition published. Visa-application service (OneVasco) lounge for 2 visitors once a year.
- What is the forex markup on the Punjab National Luxura Metal Credit Card (RuPay Ekaa)?
- 0% of each foreign-currency transaction, before GST.