PNB Zaggle Twin Credit Cards – Benefits, Fees & Eligibility

Introduction

The PNB Zaggle Twin Credit Cards, a unique co-branded offering by Punjab National Bank (PNB) and zagg.money, provide cardholders with two physical credit cards—one on the Visa network and the other on the RuPay network—linked to a single credit card account. This innovative twin-card concept offers unparalleled flexibility, allowing users to leverage the global acceptance and travel benefits of Visa while enjoying the convenience of UPI payments and exclusive RuPay offers for everyday spending. Positioned as a valuable option for those seeking a versatile payment solution, the card comes with an affordable annual fee and a rewarding structure, including a fuel surcharge waiver and comprehensive lounge access benefits.

Welcome Benefits

• Receive a ₹250 welcome voucher upon activating your Visa card. This offer is unlocked on the first transaction of ₹300 or more made on the Visa Credit card with merchants such as Amazon, Swiggy, Zomato, or Flipkart.
• Choose either a 1-year Amazon Prime Video subscription or a 1-year JioHotstar subscription, available once per annum with the RuPay variant.

Fees & Charges Breakdown

• Joining Fee: ₹499 + GST
• Renewal Fee: ₹499 + GST
• Spend-Based Waiver: The annual fee will be waived on spends of ₹1,50,000 or more in the previous anniversary year.
• Reward Redemption Fee: Not applicable.
• Foreign Currency Markup: 3.5%
• Interest Rates: 2.95% per month (equivalent to 35.8% per annum).
• Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on fuel spends between ₹400 and ₹4,000, capped at a maximum of ₹350 per statement cycle.
• Cash Advance Charges: 2% of the advanced amount.
• Add-on Card Fee: Nil.

Rewards & Cashback Structure

• Earning Rate: Earn 10 Reward Points on every ₹300 spent on eligible transactions.
• Reward Redemption: Reward Points can be redeemed as Zagg Coins, where 1 Zagg Coin is equivalent to ₹0.25. The value of 10 reward points is ₹2.50.

Travel, Lounge & Lifestyle Perks

Lounge Access

• Domestic Lounge Access (RuPay Variant): Get 2 complimentary domestic airport lounge visits every quarter.
• International Lounge Access (RuPay Variant): Enjoy 2 complimentary international airport lounge visits every year.
• Railway Lounge Access (Visa Variant): Receive 2 complimentary IRCTC railway lounge visits every quarter.

Insurance Benefits

• Personal Accident Insurance: The RuPay variant provides personal accident insurance coverage of up to ₹10 Lakhs.

Movie & Dining Offers

• Swiggy Membership (RuPay Variant): Receive a 3-month Swiggy membership once every year.
• Movie Offers (RuPay Variant): Avail a Buy 1 Get 1 free movie ticket offer, with savings of up to ₹250 per quarter.

Travel Offers

• MakeMyTrip Coupon (RuPay Variant): Get a ₹1,500 MakeMyTrip coupon every quarter.
• Ixigo Discounts (Visa Variant): Enjoy up to 15% discount on Ixigo flight and hotel bookings, with a maximum discount of ₹1,200 per transaction. A minimum transaction value of ₹5,000 is required, and this offer can be availed once per card per month.

Other Lifestyle Benefits

• Health & Wellness (RuPay Variant):
  • Receive a 3-month Cult.fit subscription once per annum.
  • Get a Cure.fit Live subscription once every year.
• Shopping Vouchers (RuPay Variant):
  • Receive a ₹250 Flipkart voucher every quarter.
  • Receive a ₹250 Myntra voucher every quarter.
• Commute Vouchers (RuPay Variant): Get an Ola or Uber voucher worth ₹100 every quarter.
• Jewellery Discounts (Visa Variant):
  • Get ₹250 off on orders of ₹2,500 and above on Silver jewellery at GRT Jewellers.
  • Get a flat 1.5% off on gold jewellery orders above ₹20,000, with a maximum discount of ₹1,500. Coupon codes are available on the Visa site.

Card Eligibility Criteria & Income Requirements

• Income Criteria: A minimum annual income of ₹2,50,000 is required.

Credit Card Review

• Overall Verdict: The PNB Zaggle Twin Credit Cards offer a compelling solution for individuals seeking a single credit card that caters to diverse spending needs. Its unique twin-card concept, combining the convenience of RuPay for UPI payments and the global acceptance of Visa, provides exceptional payment flexibility. Coupled with a well-rounded mix of shopping, travel, dining, and lifestyle benefits, an affordable annual fee, and a spend-based waiver, this card delivers good value.
• Pros:
  • Users receive two physical credit cards (Visa and RuPay) under a single credit card account with a shared credit limit, simplifying account management.
  • The reward rate of 10 Reward Points on every ₹300 spent is considered decent for a card with a ₹499 annual fee.
• Cons: No specific cons were explicitly listed in the provided content.

Important Product Details

• The PNB Zaggle Twin Credit Cards come as two physical cards, one on the Visa network (Visa Platinum) and the other on the RuPay network (RuPay Select), both linked to a single credit card account.
• Both cards share the same credit limit, meaning any transaction made using either card is adjusted against the common limit.
• Cardholders receive a single monthly statement and need to make only one bill payment, ensuring simple and hassle-free account management.
• The RuPay variant is ideal for everyday transactions, especially UPI payments, allowing users to pay directly through supported UPI apps while earning rewards.
• The Visa variant offers wider international acceptance and travel benefits, making it a convenient option for overseas transactions and travel bookings.

Other Details

Other Zaggle Credit Card Options

• AU Zaggle Credit Card:
  • No Joining & Annual fees.
  • Earn up to 8% Zagg Coins on UPI and contactless spends.
  • Earn 4% Zagg Coins on online shopping.
  • Earn 2% Zagg Coins on other spends.
• YES BANK Zagg Credit Card:
  • No Joining & Annual fees.
  • Offers free domestic lounge access.
  • Includes a 1% fuel surcharge waiver.
  • Provides a credit limit of up to ₹5 lakhs.

General Information

• Testimonials highlight the Zagg money app's fantastic service, good benefits, ease of use, and the utility of Zagg coins in reducing bills. The signup process and KYC completion are also noted as smooth and quick.
• Important Message: To prevent fraud, PNB or its employees will never ask for sensitive details such as card number, card expiry, CVV, OTP, or password. Do not share these with anyone over call or email.
• For contactless transactions (without dipping, swiping, or PIN entry), a maximum limit of INR 5,000 is allowed for a single transaction.
• For suspected fraudulent activity, contact the 24-hour helpline immediately: Toll-free number 1800 180 2345 or Toll number 0120 4616200.