By Divya Shokeen
Updated On September 20, 2021

When it comes to millennials, we all know how health conscious and shopaholics they are. PNB keeping this in mind launched PNB RuPay Millennial Credit Card credit card to meet their requirements. This card provides you complimentary gym membership, premium health checkup package, and reward points on retail/online transactions. It comes with a joining fee of Rs. 399. Moreover, you also get complimentary travel benefits and golf benefits. You get lifestyle benefits with this entry level credit card which makes it a plus point. Read on to know more about this card’s features and benefits.

Best Suited For

Shopping |

Joining Fee

Rs. 399

Reward Type

Reward Points |

Product Details

  • The PNB RuPay Millennial Credit Card comes with a joining fee of Rs. 399.
  • Get complimentary gym membership, premium health checkup package, golf and spa sessions, domestic and international lounge access program.
  • 300 reward points on first time swiping card within 90 days of card receiving as welcome benefits.
  • 2x reward points on retail merchandise/online transaction within 90 days of card issuance (except on cash withdrawal & fuel expenses).
  • 2 reward points for every Rs. 150 spent on this card.
  • On registering for E-bill facility you can earn 50 extra reward points.
  • 1 reward point = Rs. 0.50.
  • Comprehensive insurance coverage upto Rs. 10 lakhs.

Rewards and Benefits

Welcome Benefits

On swiping a card for the first time within 90 days of issuance, you can earn 300 bonus reward points for retail/online transactions. Earn 2x reward points on retail merchandise/online transactions within 90 days of receiving the card (except on fuel and cash withdrawal).

Movie & Dining

NA

Rewards Rate

Earn 2 reward points on every other Rs. 150 spent on this card. Earn 50 extra bonus reward points on registering for E-bill facility.

Reward Redemption

Redeem reward points for movie tickets, hotel bookings, mobile/DTH recharge, merchandise transaction and more. Minimum of 500 reward points required for redemption. 1 RP = Rs. 0.50.

Travel

Complimentary lounge access

Golf

Get complimentary golf sessions

Domestic Lounge Access

2 Complimentary domestic lounge access per quarter

International Lounge Access

2 Complimentary international lounge access per year

Insurance Benefits

Covers insurance upto Rs. 10 lakhs.

Zero Liability Protection

NA

Fees & Charges

Joining Fee

Rs. 399

Renewal Fee

Rs. 999

Spend based Waiver

Renewal Fee will be waived off on spending Rs. 1 Lakh in the previous year.

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.50% on the conversion amount

Interest Rates

2.95% p.m. (35.89% p. a.)

Fuel Surcharge

Avail 1% fuel surcharge waiver at all petrol pumps in India on transactions between Rs. 500 – Rs. 3000. The maximum surcharge waiver in a calendar year is capped at Rs. 350.

Cash Advance Charge

2% of the advance amount (minimum of Rs. 150) on PNB ATMs 2% of the advance amount (minimum of Rs. 200) on other ATMs 2% of the advance amount (minimum of Rs. 300) on overseas ATMs.

Add-on Card Fee

Rs. 399

PNB RuPay Millennial Credit CardRewards

  • You can earn 2 reward points on every other Rs. 150 spent on this card.
  • You can also earn 50 extra bonus reward points on registering for E-bill facility.

Welcome Benefits:

  • On this card PNB Bank provides you activation bonus reward points upto 300 on swiping a card for the first time within 90 days of issuance for retail/online transactions.
  • As welcome benefits you can earn 2x reward points on retail merchandise/online transactions within 90 days of receiving the card (except on fuel and cash withdrawal) on this card.

Reward redemption:

  • You can easily redeem your accumulated reward points against movie tickets, hotel bookings, mobile/DTH recharge, merchandise transaction and more.
  • For the purpose of redemption you need to accumulate at least a minimum of 500 reward points.
  • 1 Reward Point is equivalent to Rs. 0.50.
  • The validity of reward points is 3 years from the date of accrual.

Travel Benefits:

  • This card entitles you to 2 domestic lounge access per quarter and 2 international lounge access per year.

Insurance benefits:

  • PNB RuPay Millennial Credit Card entitles you to a comprehensive insurance coverage upto Rs. 10 Lakhs.

Other benefits:

  • You also get complimentary gym membership, spa sessions, and a premium health checkup package.
  • On this card, you get complimentary golf sessions.

Conclusion

Individuals who are between the age of 21-65 years and have a minimum gross annual income of Rs. 5 lakhs are eligible for PNB RuPay Millennial Credit Card. Under the Select credit card category this card is ranked highest as it is the most rewarding and provides you more lounge access than the other ones. This card goes easy on your pocket and rewards you in return with 2 reward points on every other Rs. 150 spent on this card. One can easily spend 1 lakh in a year, which makes it more rewarding on this card as you will get the waiver of renewal fee. This card strives to give you a more rewarding experience by updating its reward redemption benefits from time to time. As of now, you can redeem your reward points against movie tickets, hotel bookings, mobile/DTH recharge, merchandise transaction and more. Your 1 reward point is equivalent to Rs. 0.50. To enjoy the redemption benefits you need to accumulate a minimum of 500 reward points. PNB under this card has a wide range of offerings from gym membership to insurance cover. You also get a domestic and international lounge access program under travel benefits on this card. All and all it’s worth going for.

FAQs:

No, the PNB RuPay Millennial Credit Card does not provide you any benefits on movies and dining.

Yes, PNB Bank entitles you to complimentary golf sessions on PNB RuPay Millennial Credit Card

PNB Bank charges a 2.95% interest per month on PNB RuPay Millennial Credit Card.

The joining fee on PNB RuPay Millennial Credit Card is Rs. 399 and annual fee is charged at Rs. 999.

The foreign currency mark-up charges on this card are 3.50% .

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