Punjab National Bank Credit Cards

Punjab National Bank Credit Card Features and Benefits

Punjab National Bank offers various features and benefits to its cardholders. Let’s see in detail about these benefits:

1. Welcome Benefits: Every time you get a new credit card from the Punjab National Bank, you are eligible to get a welcome bonus that you can avail of after charging some joining fee. These privileges may comprise extra incentives or gift coupons during occasions.

2. Reward Points: For its part, PNB gives back to its cardholders through a cash-back program, with varying cash-back rates depending on the card type and the sorts of purchases made. While using your card, you reap benefits which are redeemed through purchase transactions.

3. Travel Benefits: Some of the benefits of PNB credit cards include travel privileges on airport lounges and travel bookings, respectively.

4. Insurance Benefits: Several PNB credit cards have insurance features like accidental death protection and credit liability coverage facilities.

5. Movie & Dining Benefits: BoB offers entertainment perks like free or discounted movie tickets and dining privileges to their customers.

6. Other Benefits: It also signifies that other privileges associated with the PNB credit cards may include, on the basis of spending, the annual fees, rebates offered for fuel, charges, and cashback on specified purchases, among others.

Punjab National Bank Credit Card Rewards and Cashback

Every credit card issued by Punjab National Bank comes with amazing rewards and cashback. PNB Rewardz is a programme which helps customers to have a value added spending of their card amount. Under this programme, customers earn rewards on every spend made on their credit cards.

1. PNB RuPay Select Credit Card

You can earn two reward points for spending every INR 150 on the card. Additionally, you can earn 300 reward points when you make your first retail transaction within 90 days of receiving the credit card.

2. PNB EMT RuPay Platinum Credit Card

Get one reward point for making a transaction of INR 100 and earn 300 reward points for 1st retail transaction. Make 50 extra Reward Points for being a registered member of an E-bill facility

3. PNB RuPay Platinum Patanjali Credit Card

You can earn one point for spending INR 100 using your card. Additionally, earn 300 Reward Points on the first retail transaction or online transaction.

4. PNB RuPay Select Patanjali Credit Card

Get two points for every INR 100 spent using your credit card. You can also earn 50 extra Reward Points on paying for the E-bill facility.

5. PNB RuPay Millennial Credit Card

You can earn two points for making a transaction of INR 150 using your credit card. Moreover, earn 300 points as a reward for making the first retail payment within 3 months of card issue.

6. PNB Visa Platinum Credit Card

You can earn two points for every INR 150 spent through your credit card. Also, earn 50 extra Reward Points on registering your account for the E-bill facility.

7. PNB Global Gold Credit Card

Get one point for every spend of INR 100 using your card. Also, earn reward points of 50 as extra points if you register yourself for an E-bill facility.

8. PNB Global Platinum Credit Card

You can earn 300+ reward points on first usage of your credit card. Exclusive cash back on utility bills, eateries and restaurants, etc.

9. PNB Rakshak RuPay Select Credit Card

You can earn 30 plus reward points on first credit card usage and 2X rewards points on retail merchandise.

10. PNB Rakshak RuPay Platinum Credit Card

Customers can earn 300 plus reward points on their first credit card usage. There is also exclusive cash back on the card for paying utility bills, eateries and restaurants, etc.

How To Earn and Redeem Punjab National Bank Credit Card Reward Points?

Punjab National Bank offers a wide range of cashback and reward options and customers can redeem them on various purchases. Here’s how to earn and redeem reward points:

Earn Credit Card Rewards:

• Whenever you use your Punjab National Bank credit card, you earn a reward point. 
• The real monetary value of one reward point is Rs. 0.25 paisa, which makes 4 reward points equal to Rs. 1. 
• You can keep an eye on the promotional ads, which can help you earn bonus reward points. 
• Additional reward points can be collected through paying limited time utility bills, doing recharge, and so on.

Redeem Credit Card Rewards:

• Step 1: You can use your Reward Points right here on this portal, on www.pnbsp.com/rewardz.
• Step 2: Use the bonus to bag the best products & services in various categories, such as movies, hotels, mobile/DTH recharge, apparel and accessories, souvenirs and many more. You can also opt for e-vouchers in case you want to make your dear ones jump with joy and receive gifts or some memorable occasions.
• Step 3: However, you can also redeem the accumulated points for ‘cashback credit’ into your PNB Credit Card Account. More specifically, bigger spending translates into bigger earnings, or as economists like to say, there is a direct correlation between the two. Each Reward point has the value of INR 0. 50 (50 paise). There they knew that 1000 Reward Points let a person shop for free or avail cashback worth INR 500.
• Step 4: The validity period of the reward points is 3 Years from the date on which they are awarded to the Members.
• Step 5: Credit Card members will require at least 1000 Reward Points in order for them to gain the ability to redeem points for the same product and/or services.
• Step 6: Click on the mentioned link to download the form for Reward point redemption, along with mailing the completed form to the registered email ID.

Punjab National Bank’s Credit Card Eligibility Criteria

Punjab National Bank offers credit cards under the consideration of certain factors such as age group, income range, credit score, and others.
1. Age Requirement: Applicants should be between 21 to 70 years old. However, for applications secured against Fixed Deposit (FD), the minimum age requirement is 18 years, with no maximum age limit for both primary and add-on cards.
2. Income Criteria: It is important to note that the requirement in income differs depending on the type of credit card.

• For Visa Classic Card, RuPay Platinum, and RuPay Rakshak Platinum: The amount to be invested is ₹ 1 Crore the Government has provided for a minimum income of ₹ 2,50,000 for the Salaried or Self-Employed individuals.
• For Gold Card: For Salaried or Self-employed, the proposed modified limit is a minimum income of ₹3,50,000 shall be accepted.
• For Visa Platinum, RuPay Select, RuPay Millennial, and RuPay Rakshak Select Credit Card: Professional, Businessmen,, etc, require a minimum income of ₹5,00,000 for the financial year 2018-2019.
• For Visa Signature Credit Card: Salaried and Self-Employed individuals should come under a minimum income of ₹7,50,000 to be considered for a home Loan.

Documents Required For Punjab National Bank Credit Cards Approval

Following are the documents required for Punjab National Bank credit card approval. Here’s the listing:

• Income Proof: Applicants need to submit documents such as recent bank statements (last three months), salary slips (last three months), Form 16, copies of ITR, or any financial statements.
• Identity Proof: For the purpose of verification of identity, the bank asks for various documents, including passports, PANs, driving licences, voter IDs, Aadhaar, and letters from authorised public authorities.
• Address Proof: To confirm the applicant’s residential address, acceptable documents include ration cards, electricity bills, telephone bills, bank account statements, letters from employers or authorised public authorities, voter ID cards with current addresses, post-paid mobile phone bills, and consumer gas connection cards or bills, among others. These documents should be recent and reflect the applicant’s current address.

Punjab National Bank Credit Card Annual Fees and Charges

Here’s the complete report on Punjab National Bank Credit Card annual fees for its customers:

1. PNB RuPay Select Credit Card:

Annual Fee:

Rs. 750 including GST charges

2. PNB EMT RuPay Platinum Credit Card

Annual Fee:

Rs. 500 including GST charges

3. PNB RuPay Platinum Patanjali Credit Card:

Annual Fee:

Rs. 500 including GST charges

4. PNB RuPay Select Patanjali Credit Card:

Annual Fee:

Rs. 750 including GST charges

5. PNB RuPay Millennial Credit Card:

Annual Fee:

Rs. 999 including GST charges

6. PNB Visa Platinum Credit Card:

Annual Fee:

Rs. 500 including GST charges

7. PNB Global Gold Credit Card:

Annual Fee:

Rs. 300 including GST charges

8. PNB Global Platinum Credit Card:

Annual Fee:

Rs. 500 including GST charges

9. PNB Rakshak RuPay Select Credit Card:

Annual Fee:

Rs. 750 including GST charges

10. PNB Rakshak RuPay Platinum Credit Card:

Annual Fee:

Rs. 500 including GST charges

How To Activate Punjab National Bank’s Credit Cards?

Customer Care Method:

Dial the Punjab National Bank customer care number. You can send an SMS to 7092200200 in the format: ACTIV (last 6 digits of the card) (DDMMYYYY)

ATM Method:

• Step 1: Visit any nearby ATM of Punjab National Bank.
• Step 2: Put your credit card into the ATM machine.
• Step 3: Now, choose the option to generate your PIN.
• Step 4: Follow the prompts showing on the ATM screen to enter your personal PIN.
• Step 5: Once you’ve successfully set your PIN, your credit card will be activated.

Punjab National Bank Credit Cards Login/Net banking

Here’s the step-by-step guidance on login/net banking for the bank’s credit card:

• Step 1: Visit the Official Website: Go to the official website of the bank through the link https://netpnb.com/
• Step 2: Identify the Login Section: The login option is located on the homepage. Look for it. Choose the prompts for credit card and Internet banking.
• Step 3: Enter Your Credentials: Now, type your user ID and password and enter the dynamic Captcha. In case you are new to net banking you have to register yourself for the services.
• Step 4: Access Your Account: Then, you can locate the credit card section once logged in to find the details of your card, bank statements, all transactions you have made, reward points and other features of your credit card account.

How To Compare Punjab National Bank Credit Cards and Choose The Best One?

The first step that any credit card applicant should consider is the determination of the primary purpose of obtaining the card. Are you craving for rewards, cashback, travel benefits or the lowest interest rate around? By knowing what you require, it will be easier for you to make your decision on which ones to use.
Compare the rates of the user’s annual fees charged by each card. Specific cards could have no annual fee, whereas others could present usability benefits but at the expense of higher fees annually.
Further considerations can also include free access to airport lounges, concierge service, travel insurance, purchase protection, or warranty for longer periods. To do this, identify which of the specifications are relevant to you and if so whether they are worth the price of the card.

Conclusion

Punjab National Bank offers various credit card options for all customers around the nation. The bank allows users to have a nice experience through their online services like net banking and e-statements. Every credit card has its own features and benefits, therefore, set your goals and expectations before purchasing a credit card for your preferences. You need to choose a card which matches your preferences for a financial product. So, visit the website of PNB and check every card details well.

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