PNB credit card charges rise from 1 Nov 2026: cash, late fee, rewards
1 NovApplies from 1 Nov 2026
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.
- Cash advance, PNB ATMs
- 2.5% or Rs 400, whichever is higher
- Cash advance, other domestic and overseas ATMs
- 2.5% or Rs 500, whichever is higher
- Late fee, highest band
- Rs 1,200 above Rs 50,000 due
- Reward redemption
- Rs 99 per request (was nil)
- Utility payments
- 1% if total exceeds Rs 50,000 in a cycle, maximum Rs 2,000 per transaction
- Failed payment
- 2% of payment amount, minimum Rs 400
- GST
- Extra on all of the above
Punjab National Bank revised its credit card charges from 1 November 2026. Cash advances now cost 2.5%, with a minimum of Rs 400 at PNB ATMs and Rs 500 at other domestic and overseas ATMs. Each reward redemption costs Rs 99, up from nil. Utility payments above Rs 50,000 in a billing cycle carry 1%, up to Rs 2,000 per transaction. All figures exclude GST.
The old cash advance fee was 2%. Its minimum depended on the card: Rs 100 or Rs 150 at PNB ATMs, Rs 150 or Rs 200 at other domestic ATMs, and Rs 250 or Rs 300 overseas. A Rs 20,000 withdrawal at a PNB ATM on a Visa Platinum card goes from Rs 400 to Rs 500. A Rs 10,000 withdrawal at the same ATM goes from Rs 200 to Rs 400.
Late fees now start lower and go higher. The old scale was nil up to Rs 1,000 due, Rs 500 up to Rs 5,000, Rs 600 up to Rs 10,000 and Rs 750 above that. The new scale 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 that. The notice lists Rs 10,000 in two bands. Cards against a fixed deposit keep their old late fee: 30% of the minimum amount due, minimum Rs 200, maximum Rs 500 per billing cycle.
A returned cheque or failed auto debit now costs 2% of the payment amount, minimum Rs 400. It was Rs 200 on most cards, Rs 100 on Visa Classic and Gold, and Rs 250 on Visa Platinum and Signature. Cards against a fixed deposit stay at Rs 100 per instrument. A duplicate statement is now Rs 50 for any month, where it was charged only beyond three months. E-statements stay free.
The 1% utility fee applies to the total amount of utility payments once that total crosses Rs 50,000 in a billing cycle, according to the notice. It does not name the merchant categories that count as utilities. It also does not say whether the Rs 99 redemption fee applies to cashback to the card account.
PNB cards on our site include Visa Platinum, Visa Signature, RuPay Select, RuPay Millennial and Luxura Metal. See all PNB credit cards and our guides to cash withdrawal charges and late payment charges.
Sources
This reports what the documents say. It is not financial advice.
Read every change, newest first.