PNB Global Platinum Credit Card – Benefits, Fees & Eligibility

PNB Global Platinum Credit Card

Introduction

The PNB Global Platinum Credit Card is a basic offering from Punjab National Bank designed to provide cardholders with significant saving opportunities. This card comes with a zero joining fee and rewards users with 2 Reward Points for every Rs. 150 spent on retail transactions. Cardholders can also earn 50 bonus Reward Points by registering for the E-bill facility. It offers a 1% fuel surcharge waiver across all fuel stations for eligible transactions and includes a 20% discount on ZEE5 subscriptions. Additionally, it provides access to a 24x7 Global Concierge Desk for various assistance services.

Welcome Benefits

• Receive 50 bonus Reward Points upon successful registration for the E-bill facility.

Fees

• Joining Fee: Nil
• Renewal Fee: Rs. 500 + GST
• Spend-Based Waiver: The renewal fee can be waived off if the total card usage in the previous year is more than the credit limit, provided there is a minimum of 1 retail transaction per quarter, and the account has not been irregular in the past.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% on all foreign currency transactions.
• Interest Rates: 2.95% per month.
• Fuel Surcharge: 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 3,000.
• Cash Advance Charges:
  • At PNB ATMs: 2% of the amount withdrawn or a minimum of Rs. 100.
  • At Other ATMs: 2% of the amount withdrawn or a minimum of Rs. 150.
  • Overseas: 2% of the amount withdrawn or a minimum of Rs. 300.

Rewards

• Earn 2 Reward Points on every retail transaction of Rs. 150 spent.
• Receive 50 extra Reward Points (RPs) on successful registration for the E-bill facility.
• No Reward Points are earned on jewelry, cash withdrawals, and fuel purchases.
• Reward Points are valid for 3 years.

Concierge Benefits

• Access a 24x7 Global Concierge Desk by calling 1800-2100-131 for assistance with:
  • Dining referrals and reservation assistance.
  • Travel (airline and hotel bookings).
  • Pre-trip assistance (passport and visa).
  • Flower & gift booking and delivery.
  • Lifestyle services (show & event bookings).
  • Emergency services (medical support, emergency roadside assistance, patient travel arrangements).

Other Benefits

• Get a 20% instant discount on ZEE5 subscriptions.
• Additional incentives in the form of various mercantile offers are available.
• 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 3,000 at all fuel stations in India.

Rewards Redemption Guide

• Reward Points can be redeemed by logging in to the PNB Rewardz website.
• 1 Reward Point is equivalent to Rs. 0.25.
• Reward Points can be redeemed against various categories and products, including mobile recharge, merchandise, and hotel bookings.
• A minimum of 500 Reward Points is required for redemption.
• For example, 1000 Reward Points can be used for shopping worth Rs. 500.

Card Eligibility Criteria

• Age:
  • Primary cardholder: Between 21 and 65 years of age.
  • Add-on cardholder: Above 18 years of age.
• Annual Income: The applicant should have an annual income of Rs. 2,00,000 or more.

Documents Required

• Identity Proof: Ration Card, Aadhaar card, PAN Card, Voter’s ID.
• Address Proof: Driving License, Passport, Utility Bills, Ration card, Aadhaar card.
• Income Proof: Latest bank statements or salary slips, Latest ITR.

Card Review

The PNB Global Platinum Credit Card is an affordable option, making it an excellent choice for individuals beginning their credit journey or those seeking a basic card with good saving opportunities. It offers Reward Points on most spending categories, which are easily redeemable against a variety of products and services. Key advantages include a zero joining fee, a 1% fuel surcharge waiver, and the possibility of a renewal fee waiver based on usage. While it provides a 24x7 concierge service and a ZEE5 discount, it does not offer specific benefits for movies, dining, travel, or lounge access. Overall, it serves as a solid entry-level credit card with practical benefits for everyday expenses.

Important Product Details

• No joining fee.
• Get 2 Reward Points on every retail transaction of Rs. 150.
• Get 50 extra Reward Points on registering for the E-bill facility.
• 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 3,000.
• The renewal fee can be waived off based on usage.
• Enjoy a 20% instant discount on ZEE5 subscriptions.
• Access to a 24x7 Global Concierge Desk.

Other Details

• Best Suited For: Shopping.
• Priority Customer Care: Dedicated priority customer care services for Platinum Credit Card Holders.
• Year-End Summary Statement: The bank provides year-end account summary statements for Visa Platinum cardholders for convenience.
• How to Apply: You can apply by visiting the nearest branch or by filling out the form after clicking the "Apply Now" button (if available online).