Home / Punjab National Bank / PNB RuPay Millennial Credit Card
Card Image

PNB RuPay Millennial Credit Card

Punjab National Bank |

Annual Fee

₹499

Rewards/₹100

₹0.25 - ₹0.50

Normalized to balance base rate with bonus categories

Interest Rate

35.40%

Credit Score

680+

At a Glance

Key Benefits

1-2 RP per Rs.100, 2x on online/entertainment, Rs.1L insurance, UPI credit line

Lounge Access

No lounge access available

Eligibility

Age: 21-35 years, Monthly income: Rs.15,000+, CIBIL: 680+

Quick Details

Annual Fee
₹499 #75
Joining Fee
₹499 #78
Interest Rate
35.40% p.a. #35
Forex Markup
3.50% #75
Rewards/₹100
₹0.25 - ₹0.50 #238
Reward Type Reward Points
Reward Currency Points
Min Credit Score
680+ #38
Min Monthly Income ₹NaN
Network RUPAY
Card Replacement Fee 100
Late Payment Fee ₹350
Cash Advance Fee ₹500 2.50% (min ₹500)
Over Limit Fee ₹500
Card Replacement Fee ₹100
Fee Waiver on Spend ₹50,000/yr

Reward Structure

Base

All Spends

₹0.25 /₹100
Cat

Online Shopping

₹0.50 /₹100
Cat

Entertainment

₹0.50 /₹100

Reward Calculator

Allocate by Category100%
Online Shopping
2.0 pts
50%₹25,000
Entertainment
2.0 pts
30%₹15,000
Other Spends
1.0 pts
20%₹10,000
Your Rewards
Points Earned900
Cash Value₹225
Breakdown
Online Shopping500
Entertainment300
Other Spends100
Total Value₹225
Quick amounts:

Milestone Benefits

Renewal Benefit

Annual fee waiver on spending Rs.50,000 in previous year

Spend ₹50,000 within 365 days

₹499

value

Insurance Coverage

Accident

₹1,00,000

Accidental death or permanent disability coverage

Lost Card

₹25,000

Lost card liability protection

Lifestyle Perks

Fuel

1 /month

1% fuel surcharge waiver on Rs.500-Rs.3,000 transactions

Other

1

UPI credit line - link to UPI apps for seamless payments

Other

1

NCMC functionality for metro, bus and transit payments

Quick Analysis

PNB RuPay Millennial is tailored for young professionals starting their credit journey. With easy eligibility, low fees, and bonus rewards on online spends, it is ideal for millennials who prefer digital payments.

Pros

  • Low annual fee of Rs.499 (waived on Rs.50K spend)
  • Designed specifically for millennials (21-35 years)
  • 2x rewards on online shopping and entertainment
  • RuPay network with UPI credit line support
  • 1% fuel surcharge waiver
  • Easy fee waiver with Rs.50K annual spend
  • NCMC functionality for transit payments
  • Lower income requirement (Rs.15K/month)
  • Contactless payment enabled

Cons

  • No airport lounge access
  • Lower credit limit (max Rs.2 lakh)
  • Age restriction (21-35 years only)
  • Basic reward rate on non-bonus categories
  • 3.5% forex markup
  • High APR of 35.4% per annum
  • Limited premium benefits
  • Only 1 add-on card allowed

Best For

Young professionals, millennials, online shoppers, students

Not Ideal For

Travelers, premium seekers, those above 35 years

Frequently Asked Questions

What is the age limit for PNB RuPay Millennial?
This card is designed for millennials aged 21-35 years only. Applicants outside this age range should consider other PNB credit cards.
What are the fees?
Joining and annual fee is Rs.499 each. Annual fee is waived on spending Rs.50,000 in the previous year.
What are the bonus reward categories?
You earn 2 reward points per Rs.100 on online shopping and entertainment spends, and 1 point per Rs.100 on other categories.
Can I use this card with UPI?
Yes, this card supports UPI credit line for seamless payments through UPI apps.
What is the credit limit range?
Credit limit ranges from Rs.25,000 to Rs.2 lakh based on income and credit score.

User Reviews

Ready to Apply for PNB RuPay Millennial Credit Card?

Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.

Apply Now
APPLY NOW

Compare Cards

0 of 4 cards selected

No cards selected

Add cards to compare their features, fees, and rewards side by side.

Select at least 2 cards to compare