Card Image
Visa Classic Credit Card
Annual Fee
FREE
Rewards/₹100 ⓘ
₹0.25
Normalized to balance base rate with bonus categories
Interest Rate
35.89%
Credit Score
700+
At a Glance
Key Benefits
Lifetime free, 1 reward point per Rs.100, global acceptance, EMI & balance transfer facility, 300 welcome bonus points
Lounge Access
No lounge access available
Eligibility
Age 21-70, Annual income Rs.2.4 lakh, CIBIL 700+, Indian citizens (salaried/self-employed)
Quick Details
Annual Fee
FREE
#1
Joining Fee
FREE
#1
Interest Rate
35.89% p.a.
#44
Forex Markup
3.50%
#75
Rewards/₹100
₹0.25
#276
Reward Type Reward Points
Reward Currency Points
Min Credit Score
700+
#54
Min Monthly Income ₹20
Network VISA
Card Replacement Fee 100
Late Payment Fee ₹400
Cash Advance Fee ₹150 2.00% (min ₹150)
Over Limit Fee ₹500 2.50% (min ₹500)
Card Replacement Fee ₹100
Reward Structure
Base
All Spends
₹0.25 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned500
Cash Value₹125
Breakdown
Other Spends500
Total Value₹125
Quick amounts:
Insurance Coverage
Lost Card
₹50,000
Zero liability on fraudulent transactions after reporting card loss. 24x7 helpline available at 1800 180 2345
Purchase Protection
₹0
Limited purchase protection available. Contact bank for specific terms and coverage details
Lifestyle Perks
Emi
Convert big-ticket purchases into EMI with competitive interest rates. Flexible tenure options available
Balance Transfer
Transfer outstanding balance from other bank cards to PNB at lower interest rates, payable in easy installments
Contactless
Contactless tap-and-pay enabled for faster checkout at merchant outlets
Fuel
1% fuel surcharge waiver on transactions between Rs.400 and Rs.3,000 at all fuel stations in India
Rewards
1
300 bonus reward points on your first retail or online transaction within 90 days of card activation
Quick Analysis
PNB Visa Classic Credit Card is a no-frills, lifetime-free entry-level card suitable for those new to credit cards or seeking a basic card without annual fees. While it lacks premium benefits like lounge access and high rewards, it offers essential features like global acceptance, EMI conversion, and balance transfer at zero annual cost.
Pros
- Lifetime free - no joining or annual fee
- 1 reward point per Rs.100 spent (Rs.0.25 value)
- Accepted at 3.80 lakh+ merchants in India
- Global acceptance at 29 million merchants worldwide
- Interest-free credit period of 20-50 days
- Balance transfer facility at lower interest rates
- EMI conversion available on big purchases
- Up to 2 add-on cards for family members
- Zero redemption fee on reward points
- Fuel surcharge waiver (1% on Rs.400-Rs.3,000)
- Contactless payment enabled
- Easy eligibility - Rs.2.4 lakh annual income
Cons
- No lounge access (domestic or international)
- Basic rewards rate at 1 point per Rs.100
- High interest rate at 35.89% per annum
- High forex markup at 3.5% + GST
- No welcome bonus or joining benefits
- No milestone benefits or accelerated rewards
- Limited insurance coverage
- No premium perks or lifestyle benefits
- Cash advance fee 2% (minimum Rs.150)
- 20% cash withdrawal limit only
- No fuel surcharge waiver on transactions above Rs.3,000
- Minimum CIBIL score of 700-900 recommended
Best For
First-time credit card users, basic spenders, PNB account holders
Not Ideal For
Premium seekers, frequent travelers, high spenders seeking rewards
Frequently Asked Questions
What is the joining and annual fee for PNB Visa Classic Credit Card?
The PNB Visa Classic Credit Card is completely free for life. There is no joining fee and no annual fee, making it an ideal card for first-time users or those seeking a basic credit card without ongoing charges.
What is the reward points structure?
You earn 1 reward point for every Rs.100 spent on the card. Each reward point is valued at Rs.0.25 (effective from September 1, 2024). Points can be redeemed for various offers and there is no redemption fee.
Does PNB Visa Classic offer lounge access?
No, the PNB Visa Classic Credit Card does not provide domestic or international airport lounge access. For lounge benefits, consider PNB RuPay Platinum or PNB RuPay Select cards.
What is the eligibility criteria for this card?
Applicants must be aged 21-70 years (18+ for add-on cards), Indian citizens with minimum annual income of Rs.2.4 lakh for both salaried and self-employed. A CIBIL score between 700-900 is recommended for approval.
What documents are required to apply?
Identity proof (Aadhaar/Passport/PAN card), Address proof (utility bill/Passport/Voter ID), Income proof (salary slips/bank statements/IT returns), and age proof. PAN card is mandatory for all credit card applications.
What is the interest-free credit period?
The card offers an interest-free credit period ranging from 20 to 50 days on retail purchases, provided you pay the full outstanding balance by the due date each billing cycle.
What is the interest rate on outstanding balance?
The monthly interest rate is 2.95%, which translates to an annual interest rate of 35.89% on outstanding balances. Interest applies only if you carry forward a balance beyond the due date.
What is the forex markup on international transactions?
A conversion factor of 3.5% is charged on all foreign currency transactions, including international purchases, online transactions in foreign currency, and ATM withdrawals abroad. GST applies additionally on this markup.
Is there fuel surcharge waiver?
Yes, the card offers 1% fuel surcharge waiver on 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 the waiver.
Can I convert purchases to EMI?
Yes, you can convert big-ticket purchases into Easy Monthly Installments (EMI) with competitive interest rates. Contact the bank for specific tenure options and applicable interest rates on EMI conversions.
Is balance transfer facility available?
Yes, you can transfer outstanding balances from other bank credit cards to your PNB Visa Classic card at lower interest rates and pay in easy installments. This helps consolidate debt and save on interest costs.
How many add-on cards can I get?
You can obtain up to 2 add-on cards for family members aged 18 years and above. Add-on cardholders share the primary cardholder's credit limit and benefits.
What is the credit limit range?
The credit limit ranges from Rs.25,000 to Rs.5,00,000 based on your income, credit score, repayment capacity, and credit history as assessed by Punjab National Bank during application processing.
What is the cash advance/withdrawal limit?
The cash advance limit is 20% of your total card limit. A fee of 2% of the withdrawn amount (minimum Rs.150) is charged, and interest starts accruing immediately from the transaction date with no interest-free period.
Are there any welcome or milestone benefits?
The card offers 300 bonus reward points (worth Rs.75) on your first retail or online transaction within 90 days of card activation. There are no other milestone benefits or spending-based bonuses.
How do I redeem reward points?
Reward points can be redeemed through PNB's rewards program for various offers including gift vouchers, products, and discounts. The bank does not charge any reward redemption fee. Points value: 1 point = Rs.0.25.
What are the late payment charges?
A late payment fee of Rs.400 is charged if the minimum amount due is not paid by the payment due date. Additional penalty interest may apply on the outstanding balance.
What insurance coverage does the card provide?
The card provides zero liability protection on fraudulent transactions after reporting card loss/theft. Limited purchase protection may be available - contact the bank for specific coverage details and terms.
How can I apply for PNB Visa Classic Credit Card?
You can apply online through PNB ONE app, PNB SARAL mobile app, bank's website, or Internet Banking. You can also visit a PNB branch with required documents to apply in person.
What is the customer care number for PNB credit cards?
For PNB credit card services, call the 24-hour customer helpline at 1800 180 2345 (toll-free) or email creditcardpnb@pnb.co.in for queries, card blocking, or assistance.
Where is this card accepted?
The card is accepted at over 3.80 lakh merchants and 30,000 ATMs in India, plus 29 million merchants and 1 million ATMs worldwide wherever Visa is accepted.
Is contactless payment available?
Yes, the PNB Visa Classic Credit Card comes with contactless tap-and-pay functionality for faster and more convenient transactions at contactless-enabled merchant terminals.
User Reviews
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