PNB RuPay Select Credit Card

The PNB RuPay Select Credit Card, a favored basic card from Punjab National Bank, boasts a Rs. 500 joining fee, accompanied by a welcoming bonus of 300 Reward Points. While the annual fee is Rs. 750, a simple remedy is using the card for one retail transaction each quarter to waive it. This transforms your PNB RuPay Select Credit Card into a lifetime free card from the second year. In terms of rewards, you earn 2 Reward Points (1 Reward Point = Re. 0.5) for every Rs. 150 spent. The initial three months bring double benefits, with accelerated points for transactions in this period.

Key Highlights of PNB RuPay Select Credit Card

Unlock unparalleled benefits with the PNB RuPay Select Credit Card.

  1. Earn over 300 points on your initial usage.
  2. Enjoy 2x accelerated reward points on retail purchases.
  3. Access domestic and international lounges for free.
  4. Receive cashback on utility bills and dining expenses.
  5. Benefit from comprehensive insurance coverage.

Features and Benefits of PNB RuPay Select Credit Card

The PNB RuPay Select Credit Card offers several features and benefits:

1. Annual Fee Waiver:

  • Enjoy annual fee waiver by using the card at least once in each quarter of the previous year.

2. Reward Points:

  • Earn 300+ reward points on your first card usage.
  • Gain 2x reward points on all retail purchases.

3. Lounge Access:

  • Access exclusive lounges when traveling domestically or internationally.

4. Cashback Offer:

  • Earn cashback on utility bills, eateries, and restaurant bill payments.

5. Insurance Offers:

  • Benefit from insurance coverage through the PNB Rupay Select credit card.

6. Concierge Service:

  • Avail concierge service for seamless travel and hotel bookings, or gift assistance.

7. Mobile App:

  • Conveniently manage transactions, pay bills, and set standing instructions using the ‘PNB GENIE’ App.

8. Merchant Offers:

  • Unlock discounts and special offers at over 300 merchants as a cardholder.

PNB RuPay Select Credit Card Fees and Charges

Explore the fee structure for the PNB RuPay Select Credit Card and discover the financial advantages that come with it.

1. Initial Fee:

  • Joining fee: Rs. 500 (first year only)
  • Annual Fee (from the second year):
  • Rs. 750, waived with quarterly card usage.

2. Interest Rate:

  • Monthly: 2.95%

3. Forex Markup Fee:

  • 3.5% on all foreign currency transactions.

4. Cash Advance Fee:

  • PNB Domestic ATMs: 2% or Rs. 150 (whichever is higher).
  • Other Domestic ATMs: 2% or Rs. 200 (whichever is higher).
  • Overseas ATMs: 2% or Rs. 250 (whichever is higher).

Eligibility Criteria for PNB RuPay Select Credit Card

Here are essential criteria for applying for an PNB RuPay Select Credit Card:

1. Nationality:

  • Eligible individuals include Indian citizens or non-resident Indians.

2. Employment Status:

  • A stable source of income is a prerequisite for the primary applicant.

3. Age:

  • Minimum age requirement is 18 years for the applicant.

4. Credit Score:

  • A favorable CIBIL score significantly influences the approval of the application.

Documents Required for PNB RuPay Select Credit Card

To apply for the PNB RuPay Select Credit Card, you will typically need to provide the following documents:

1. Income Proof:

  • IT Return
  • Salary Slips
  • Form 16

2. Proof of Address:

  • Ration Card
  • Aadhaar Card
  • Voter ID
  • Passport
  • Driving License

3. Identity Proof:

  • Aadhaar Card
  • Voter ID
  • Passport
  • Driving License

How to apply for PNB RuPay Select Credit Card?

Follow these steps to apply for the PNB RuPay Select Credit Card online or offline:

  1. Visit your closest Punjab National Bank branch.
  2. Collect the physical application form from bank officials.
  3. Fill out the form and gather necessary documents.
  4. Submit the completed form and documents at the branch.

Alternatively:

  1. Download the form from PNB Card’s official website.
  2. Print and complete the form with all details.
  3. Visit the nearest branch to submit the form and required documents.

Frequently Asked Questions (FAQs)

1. What is the PNB RuPay Select Credit Card?

The PNB RuPay Select Credit Card is a credit card offered by Punjab National Bank (PNB) in association with RuPay. It provides users with a range of benefits, rewards, and privileges for their spending.

2. How can I apply for the PNB RuPay Select Credit Card?

You can apply for the PNB RuPay Select Credit Card by visiting the official PNB website or by visiting a PNB branch. The application process typically involves filling out a form and submitting the required documents.

3. What are the key features of the PNB RuPay Select Credit Card?

The key features may include exclusive rewards, cashback offers, travel benefits, dining privileges, and access to select airport lounges. The specific features may vary, so it’s recommended to check the card details.

4. Is there an annual fee for the PNB RuPay Select Credit Card?

The annual fee and other associated charges can vary. Some credit cards may have an annual fee, while others may offer a waiver based on certain conditions. It’s advisable to review the terms and conditions or contact the bank for the most accurate information.

5. What rewards and benefits does the PNB RuPay Select Credit Card offer?

The card may offer rewards such as cashback, loyalty points, discounts on partner merchants, and exclusive access to events. The specific rewards and benefits can be detailed in the credit card brochure or terms and conditions.

6. How can I redeem the rewards earned on my PNB RuPay Select Credit Card?

Redemption methods may vary and can include options like online redemption through the bank’s website or customer portal, converting points into vouchers, or availing discounts on partner services. Check with the bank for detailed information on the redemption process.

7. What is the credit limit on the PNB RuPay Select Credit Card?

The credit limit is determined based on various factors, including your income, credit history, and other financial considerations. The bank will communicate your approved credit limit at the time of card issuance.

8. How can I check my PNB RuPay Select Credit Card statement and account details?

You can access your credit card statement and account details through the bank’s online banking portal, mobile app, or by contacting the customer service helpline. Monthly statements are typically sent to the registered email address.

9. Is the PNB RuPay Select Credit Card accepted internationally?

RuPay cards are primarily designed for domestic use, but some variants may have international acceptance. It’s recommended to check with the bank to confirm the international usage capabilities of the specific credit card variant.

10. What should I do if my PNB RuPay Select Credit Card is lost or stolen?
In case of loss or theft, immediately contact the PNB customer service helpline and report the incident. The bank will guide you through the necessary steps, including blocking the card and issuing a replacement.