PNB Global Gold Credit Card – Benefits, Fees & Eligibility

PNB Global Gold Credit Card

Introduction

The PNB Global Gold Credit Card is an entry-level credit card offered by Punjab National Bank, designed for a wide range of financial requirements including shopping, dining, travel, and fuel. It offers a rewarding experience with zero joining fee, allowing cardholders to earn 1 Reward Point for every Rs. 100 spent on retail transactions, plus additional points for E-bill registration. The card provides entertainment benefits like a 20% discount on ZEE5 subscriptions, along with practical advantages such as fuel surcharge waiver, concierge services, and zero liability protection, making it an all-purpose credit solution.

Fees

• Joining Fee: Nil
• Renewal Fee: Rs. 300 + GST
• Spend-Based Waiver: Not applicable
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% on all international transactions
• Interest Rates: 2.95% per month
• Fuel Surcharge: 1% fuel surcharge waiver on fuel transactions between Rs. 400 and Rs. 3,000.
• Cash Advance Charges:
  • 2% of the amount withdrawn or Rs. 100 (whichever is higher) for domestic ATM withdrawals.
  • 2% of the amount withdrawn or Rs. 300 (whichever is higher) for international ATM withdrawals.

Rewards

• Rewards Rate:
  • Earn 1 Reward Point for every Rs. 100 spent on retail purchases.
  • Get 50 extra Reward Points on successful E-bill registration.
  • No Reward Points are earned for fuel transactions, jewelry purchases, and cash withdrawals.
  • Reward Points are valid for a period of 3 years.
• Movies & Entertainment:
  • Receive an assured discount of 20% on a ZEE5 subscription.
• Fuel Benefits:
  • 1% fuel surcharge waiver at all fuel stations in India for fuel transactions between Rs. 400 and Rs. 3,000.
• Concierge Benefits:
  • Access 24x7 concierge desks by contacting 1800-2100-131 for assistance with:
    • Dining referrals & reservations.
    • Pre-trip assistance.
    • Flight/Hotel bookings.
    • Flowers & gifts.
    • Event bookings.
    • Emergency medical support.
• Insurance & Protection:
  • Zero liability protection in case your credit card gets lost, upon immediate reporting to the 24-hour toll-free call center, limiting your liability on fraudulent transactions.

Rewards Redemption Guide

• Reward Points are redeemable on the PNB Rewardz website.
• Each Reward Point is valued at Rs. 0.25.
• Points can be redeemed against various products and categories, including hotel bookings, mobile recharge, and merchandise.
• A minimum of 500 Reward Points is required for redemption.

Card Eligibility Criteria

• Age: 21 years to 65 years
• Income: Annual income of Rs. 3,50,000 or more.
• Credit Score: A decent credit score (750 or above) is required.

Documents Required

• Residential Proof (any of the following):
  • Ration Card
  • Utility bills
  • Voter ID card
• Identity Proof (any of the following):
  • Driving Licence
  • Passport
  • PAN Card
  • Voter ID Card
  • Aadhar Card
• Income Proof:
  • For salaried individuals: Salary certificate, Salary slip, Form 16.
  • For self-employed individuals: PAN Card, IT return, Form 60/61.

Card Review

The PNB Global Gold Credit Card is an affordable and advantageous entry-level credit card, suitable for individuals looking to save on a wide array of daily expenses. Its key strengths include a zero joining fee, a straightforward rewards program earning 1 Reward Point per Rs. 100 on retail purchases, and a practical redemption value of Rs. 0.25 per point across diverse categories. Additional perks like a 20% discount on ZEE5 subscriptions and a 1% fuel surcharge waiver enhance its value proposition. While it does not offer premium benefits such as lounge access or specific high-end travel/dining perks, its core benefits, coupled with zero liability protection and 24x7 concierge services, make it a solid choice for those seeking an economical credit card for everyday use and practical savings.

Important Product Details

• Earn 1 Reward Point per retail transaction of Rs. 100.
• No joining fee.
• Easily redeemable Reward Points.
• Additional Reward Points on successful E-bill registration.
• 20% off on a ZEE5 subscription.
• 1% waiver on fuel surcharge.
• Zero liability protection.
• 24X7 concierge services.

Other Details

• Add-on Cards: Get up to 2 add-on cards for your spouse, parents, son, and/or daughter (over 18 years).
• Lost Card Liability: In case your credit card gets lost, report it immediately to the 24-hour toll-free call center to carry limited liability on any fraudulent transactions.
• Wide Acceptance: The card is widely accepted at over 3,80,000 merchant establishments & over 30,000 VISA ATMs across India, and at over 29 million merchant establishments and over 1 million VISA ATMs around the world.
• Utility Bill Payment Facility: You can pay your utility bills, including electricity, telephone, and mobile bills, through the credit card by logging on to www.visabillpay.in/pnb.
• How to Apply: The PNB Global Gold Credit Card can be applied for either by visiting your nearest branch or by clicking the 'Apply Now' button and filling the given form online.