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PNB Global Platinum Credit Card

Punjab National Bank |
Basic Rewards Fuel Benefits PNB Cards Visa

Annual Fee

₹500

Rewards/₹100 ⓘ

₹0.33

Normalized to balance base rate with bonus categories

Interest Rate

35.40%

Credit Score

700+

At a Glance

Key Benefits

2 points per Rs.150 (0.33%), 1% fuel surcharge waiver, 24x7 concierge, Rs.500 annual fee (waivable), 20% ZEE5 discount

Lounge Access

No domestic or international airport lounge access available

Eligibility

Age: 21-65 years, Annual income: Rs.5 lakh+, CIBIL: 700+, PNB account preferred for 6+ months

Quick Details

Annual Fee
₹500 #113
Joining Fee
FREE #1
Interest Rate
35.40% p.a. #35
Forex Markup
3.50% #75
Rewards/₹100
₹0.33 #270
Reward Type Reward Points
Reward Currency Points
Min Credit Score
700+ #54
Min Monthly Income ₹40
Network VISA
Card Replacement Fee 250
Late Payment Fee ₹500 30.00% (min ₹500)
Cash Advance Fee ₹100 2.00% (min ₹100)
Over Limit Fee ₹500 2.50% (min ₹500)
Card Replacement Fee ₹250
Cheque Return Fee ₹250

Reward Structure

Base

All Retail Spends

₹0.33 /₹100

Reward Calculator

₹
Allocate by Category100%
Other Spends
1.3 pts
100%₹50,000
Your Rewards
Points Earned667
Cash Value₹167
Breakdown
Other Spends667
Total Value₹167
Quick amounts:

Milestone Benefits

Welcome Bonus

50 bonus reward points on successful registration for E-bill facility

₹12.5

value

Annual Benefit

Annual fee waiver if total card spending exceeds assigned credit limit in the year, with at least one retail purchase per quarter and good repayment track record

₹500

value

Insurance Coverage

Lost Card

₹0

Lost card liability protection for fraudulent transactions after reporting to 24x7 customer care helpline

Lifestyle Perks

Fuel

1% fuel surcharge waiver on all transactions between Rs.400 and Rs.3,000 at all fuel stations in India

Concierge

24x7 Visa Platinum concierge services for dining reservations, travel bookings, passport/visa assistance, emergency support, and gift delivery

Entertainment

20.00% off

20% instant discount on ZEE5 subscription

Dining

25.00% off

10-25% dining discounts at Sarovar Hotels across India

Wellness

10.00% off

10% discount on wellness services via Kairali Ayurvedic Group

Emi

EMI conversion available on big-ticket purchases with flexible tenure options

Balance Transfer

Balance transfer facility from other credit cards at lower interest rates with 1% processing fee or Rs.199 minimum

Quick Analysis

PNB Global Platinum Credit Card is a basic entry-level Visa Platinum card suitable for PNB customers seeking simple rewards and fuel benefits at a low annual fee. The card lacks premium benefits like lounge access and insurance, making it best for light spenders with existing PNB banking relationships rather than frequent travelers or high spenders.

Pros

  • Zero joining fee (waived if first 6 months spend exceeds credit limit)
  • Annual fee Rs.500 + GST (waivable if annual spend exceeds limit)
  • 2 reward points per Rs.150 spent (0.33% reward rate)
  • Each reward point worth Rs.0.25 value
  • Minimum 500 points required for redemption
  • 1% fuel surcharge waiver on Rs.400-Rs.3,000 transactions
  • 50 bonus points on e-bill registration
  • 24x7 Visa Platinum concierge services
  • Global acceptance at 29 million merchants
  • Contactless payment enabled
  • Up to 2 free add-on cards
  • 20% discount on ZEE5 subscription
  • Dining discounts at Sarovar Hotels (10-25%)
  • 10% wellness discount via Kairali Ayurvedic Group
  • Lost card liability protection
  • Interest-free period 20-50 days

Cons

  • No airport lounge access (domestic or international)
  • Low reward rate of only 0.33% on all spends
  • No welcome bonus or joining benefits
  • No milestone benefits or spend-based bonuses
  • No insurance coverage (accident, travel, purchase protection)
  • High interest rate at 35.4% per annum (2.95% monthly)
  • High forex markup at 3.5% + GST on foreign transactions
  • Reward points valid for only 3 years
  • Minimum 500 points required for redemption (Rs.1,500 spend)
  • No rewards on fuel, jewelry, cash withdrawals
  • Late payment fee 30% of minimum due or Rs.500 minimum
  • High eligibility requirement - Rs.5 lakh annual income
  • Cash advance limit only 40% of credit limit
  • Limited lifestyle benefits compared to premium cards

Best For

PNB account holders, basic spenders, fuel savings seekers

Not Ideal For

Frequent travelers, premium benefits seekers, international travelers

Frequently Asked Questions

What is the joining and annual fee for PNB Global Platinum Credit Card?
The joining fee is nil (waived if cumulative purchases exceed credit limit within first 6 months). Annual fee is Rs.500 + GST, which can be waived if your total card spending exceeds the assigned credit limit in the previous year, with at least one retail purchase every quarter and a good repayment track record.
What is the reward points structure?
You earn 2 reward points for every Rs.150 spent on retail and online transactions. Each reward point is valued at Rs.0.25, giving an effective reward rate of 0.33%. No reward points are earned on fuel, jewelry purchases, or cash withdrawals.
How do I redeem reward points?
Reward points can be redeemed through the PNB rewards portal for various products, hotel bookings, merchandise, mobile recharge, and more. Minimum 500 points are required for redemption. Reward points are valid for 3 years from the date of accrual.
Does this card offer airport lounge access?
No, the PNB Global Platinum Credit Card does not provide domestic or international airport lounge access. For lounge benefits, consider PNB RuPay Platinum or other premium cards.
What is the fuel surcharge waiver benefit?
You get 1% fuel surcharge waiver on all fuel transactions between Rs.400 and Rs.3,000 at all fuel stations across India. Transactions below Rs.400 or above Rs.3,000 do not qualify for this waiver.
What are the eligibility criteria?
Primary cardholder should be between 21-65 years of age with a minimum annual income of Rs.5 lakh. Add-on cardholders should be above 18 years. A CIBIL score of 700+ is preferred. Having a PNB savings account for at least 6 months is beneficial.
What insurance coverage does the card provide?
The card provides lost card liability protection for fraudulent transactions after reporting the loss to the 24x7 PNB credit card customer care. There is no personal accident, travel, or purchase protection insurance with this card.
What is the interest rate?
The interest rate is 2.95% per month on a reducing balance basis, which equals an annual percentage rate (APR) of 35.40%. You get an interest-free period of 20-50 days on purchases if you pay the full bill on time.
What is the forex markup fee?
The forex markup fee is 3.5% + GST on all foreign currency transactions, including international purchases, online transactions in foreign currency, and overseas ATM withdrawals.
Are there any welcome benefits?
You get 50 bonus reward points (worth Rs.12.50) on successful registration for the E-bill facility. There are no other welcome bonuses or spending-based milestone benefits.
What concierge services are available?
The card provides 24x7 Visa Platinum concierge services including dining reservations, travel bookings, passport/visa assistance, emergency support, lifestyle event bookings, and gift delivery services.
How many add-on cards can I get?
You can get up to 2 complimentary add-on cards for your spouse, parents, and children over 18 years of age. Add-on cards share the primary cardholder's credit limit.
What are the late payment charges?
Late payment fee is 30% of the minimum amount due or Rs.500, whichever is higher, charged per billing cycle if you fail to pay at least the minimum amount due by the payment due date.
What are the cash advance charges?
Cash advance fee is 2% of the withdrawal amount with a minimum of Rs.100 for PNB ATMs, Rs.150 for other domestic ATMs, and Rs.300 for overseas ATM withdrawals. Interest starts accruing immediately from the transaction date. Cash advance limit is 40% of your total credit limit.
Is EMI conversion available?
Yes, you can convert big-ticket purchases into Easy Monthly Installments (EMI) with flexible tenure options. Contact the bank for specific interest rates and processing fees on EMI conversions.
What is the balance transfer facility?
Yes, you can transfer outstanding balances from other credit cards to your PNB Global Platinum card. A processing fee of 1% of the transfer amount or Rs.199, whichever is higher, is applicable.
What documents are required to apply?
You need PAN card (mandatory), identity proof (Aadhaar/Passport), address proof (utility bills/Passport/Voter ID), income proof (salary slips/bank statements/IT returns for last 3 months), and passport-size photographs.
What is the credit limit range?
The credit limit ranges from Rs.50,000 to Rs.5,00,000 based on your income, credit score, repayment capacity, and banking relationship with PNB as assessed during the application process.
Where is this card accepted?
The card is accepted at over 3.80 lakh merchant outlets and 30,000 ATMs in India. Globally, it is accepted at 29 million Visa merchant outlets and 1 million Visa ATMs worldwide.
What are the other lifestyle benefits?
Get 20% discount on ZEE5 subscription, 10-25% dining discounts at Sarovar Hotels, 10% wellness discount via Kairali Ayurvedic Group, and discounts at 300+ partner merchants across India.
Is contactless payment available?
Yes, the PNB Global Platinum Credit Card comes with contactless tap-and-pay functionality and embedded microchip for secure and convenient transactions at contactless-enabled merchant terminals.
What is the card replacement fee?
Card replacement fee is Rs.250 per instance if you need a replacement card due to loss, theft, damage, or any other reason.
What are the over-limit charges?
Over-limit fee is 2.5% of the over-limit amount or Rs.500, whichever is higher, if you exceed your assigned credit limit on the card.

User Reviews

Our Rating

3.3
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on Punjab National Bank's website

Rating Breakdown

Rewards
2.8/5 Top 81%
Benefits
3.6/5 Top 2%
Fees
4.0/5 Top 37%
Value for Money
3.2/5 Top 58%
User Reviews
3.0/5 Top 50%

Important Links

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