M16S / Punjab National Bank / Punjab National Patanjali RuPay Platinum Credit Card
entry · rewards, cobrand, upi
Punjab National Patanjali RuPay Platinum Credit Card
The Punjab National Patanjali RuPay Platinum Credit Card costs Rs 500 a year. Its base return is 0.25% (1 point per Rs 100). The forex markup is 3.5%. Lounge visits in India: 2 per quarter. Abroad: 2 per year. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- —
- Base return
- 0.25%
- Forex markup
- 3.5%
- 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
- PNB halves the value of a credit card reward point to Rs 0.25, Sep 2024
From 1 September 2024 one PNB credit card reward point is worth Rs 0.25. The notice's example uses a rate of 0.5 before the change; balances as on 31 August 2024 were adjusted so their value stayed the same. 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 | Free |
|---|---|
| Annual fee | Rs 500 |
| Fee notes | Annual fee waived if the card is used at least once in each quarter of the preceding year (usage condition, not a spend amount). Add-on cards free. |
Rewards
| Welcome benefit | 300+ reward points on first usage |
|---|---|
| Reward currency | PNB Rewardz points |
| Base earn | 1 point per Rs 100 |
| 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. |
| Accelerated earn | 2% cashback at authorised Patanjali stores/website on transactions above Rs 2,500, capped at Rs 50 per transaction; listing page also mentions 5-7% extra cashback from Patanjali on recharges |
| Caps | Patanjali cashback capped at Rs 50 per transaction |
| 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%. |
Travel and perks
| Domestic lounge | 2 per quarter |
|---|---|
| International lounge | 2 per year |
| Lounge conditions | RuPay lounge programme; no spend condition published by the bank. Railway lounge not available. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% (min Rs 12.50) refunded on fuel transactions of Rs 500-4,000, cap Rs 250 per statement cycle; taxes not refunded |
| Other freebies | Personal accident insurance Rs 2 lakh; UPI enabled |
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 100 (PNB ATMs) / Rs 150 (other domestic ATMs) / Rs 250-300 (overseas), whichever is higher; cash limit 20% of credit limit |
| Eligibility | Annual income Rs 2.5 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). Co-brand with Patanjali Ayurved on a revenue-sharing basis (bank's co-brand disclosure). Still listed on the bank's card site on the date read; no discontinuation notice found, but current availability was not confirmed elsewhere. |
Questions
- What is the annual fee of the Punjab National Patanjali RuPay Platinum Credit Card?
- Rs 500 a year, before GST.
- Does the Punjab National Patanjali RuPay Platinum Credit Card give airport lounge access?
- Yes. In India: 2 per quarter. Outside India: 2 per year. Conditions: RuPay lounge programme; no spend condition published by the bank. Railway lounge not available.
- What is the forex markup on the Punjab National Patanjali RuPay Platinum Credit Card?
- 3.5% of each foreign-currency transaction, before GST.