PNB EMT RuPay Platinum Credit Card – Benefits, Fees & Eligibility

PNB EMT RuPay Platinum Credit Card

Introduction

The PNB EMT RuPay Platinum Credit Card is a co-branded offering from Punjab National Bank and EaseMyTrip, designed especially for frequent travelers seeking to maximize savings on their journeys. With a joining fee of ₹2,000, which is subject to GST, cardholders can also benefit from an annual fee waiver by spending more than ₹1 Lakh in the preceding year. As a welcome gesture, the card provides 300 reward points on the first transaction and a welcome voucher worth ₹3,000, applicable across flight, hotel, and holiday bookings. Beyond travel benefits, it offers essential insurance coverage of up to ₹2 Lakhs for accidental death and personal total disability, alongside complimentary access to both domestic and international airport lounges, making it a comprehensive solution for travel enthusiasts.

Welcome Benefits

• 300 reward points on activation or the first transaction.
• Welcome Voucher worth ₹3,000, usable for:
  • Flights: ₹500
  • Hotels: ₹1,000
  • Holidays: ₹1,500

Fees

• Joining Fee:
  • Primary Card: ₹2,000 + GST
  • Add-on Card: NIL
• Annual Fee:
  • Primary Card: ₹2,000 + GST
  • Add-on Card: NIL
• Renewal Fee: ₹2,000 + GST (Note: One source indicates NIL for renewal fee, while another indicates ₹2,000 + GST. Please verify with the bank.)
• Spend-Based Waiver: The annual fee will be waived if the annual spends on the card exceed ₹1 Lakh in the preceding year.
• Rewards Redemption Fee: Not Applicable
• Foreign Currency Markup: 3.50%
• Interest Rates: 2.95%
• Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000.
  • Minimum waiver: ₹12.50 per billing cycle.
  • Maximum waiver: ₹250 per billing cycle.
• Cash Advance Charges: 2%

Rewards

• Travel Benefits:
  • Flat 10% off up to ₹1,000 on domestic flight bookings (No Minimum Order Value - MOV).
  • Flat 10% off up to ₹5,000 on international flight bookings (No MOV). (Note: One source states up to ₹500 for international flights. Please verify.)
  • Flat 20% discount up to ₹5,000 on domestic hotel bookings (No MOV).
  • Flat 20% discount up to ₹10,000 on international hotel bookings (No MOV).
  • Flat ₹125 off on bus bookings on a minimum order value of ₹500.
  • Discount is applicable for a maximum of 4 transactions per card in a month. Transactions beyond the fourth will not be eligible for the discount.
• Lounge Access:
  • Domestic Lounge Access: Complimentary eight annual visits (2 per quarter) across 30+ airport lounges in 17 cities in India.
  • International Lounge Access: Two complimentary airport lounge access per year in 500+ cities across 300 cities worldwide.
• Insurance Benefits:
  • Insurance coverage up to ₹2 Lakhs for Accidental Death and Personal Total Disability.
• Fuel Surcharge Waiver:
  • 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000, with a minimum waiver of ₹12.50 and a maximum of ₹250 per billing cycle.
• Movie & Dining: Not Applicable
• Rewards Rate: Not Applicable
• Golf: Not Applicable

Rewards Redemption Guide

• Details regarding the general redemption process for reward points are not explicitly provided.
• Welcome vouchers are redeemable for flights, hotels, and holidays as specified.

Card Eligibility Criteria

• Applicants should be citizens of India or Non-Resident Indians.
• Minimum age requirement is 18 years.
• Applicants must have a steady source of income.
• A good credit score is required.

Card Review

The PNB EMT RuPay Platinum Credit Card is an excellent choice for individuals who frequently travel and prioritize cost savings. It delivers significant value through cashback and discounts on various travel-related expenses, including flights, hotels, and bus bookings, making trips more affordable. The card also enhances the travel experience with complimentary airport lounge access, both domestic and international, providing comfort during layovers. Initial benefits include reward points on the first transaction and a substantial welcome voucher for travel bookings. Furthermore, the card offers peace of mind with insurance coverage up to ₹2 lakhs for accidental death and personal total disability. While it lacks specific discounts for movies and dining and has some limitations in international benefits, its strong travel-focused rewards and benefits make it a smart financial tool for regular travelers looking to optimize their travel budget and enjoy a more comfortable journey.

Important Product Details

• Get 300 reward points on your first transaction.
• 1% fuel surcharge waiver on all transactions between ₹500 and ₹4,000.
• Complimentary international and domestic lounge access (8 domestic annual visits, 2 international annual visits).
• Offers coverage for accidental death and personal total disability up to ₹2 lakhs.
• Provides cashback and discounts on various travel bookings (flights, hotels, buses).
• Does not offer any discounts on movies and dining.
• The card has limited international benefits compared to some other premium cards.

Other Details

• Card Variant/Platform: RuPay Platinum
• Credit Card Limit:
  • Minimum: ₹50,000
  • Maximum: ₹5,00,000
  • Limit approved as per Board-approved Risk Underwriting Model.