PNB RuPay Select Credit Card
The PNB RuPay Select Credit Card is an easy-to-use card that comes with simple benefits for everyday spending. You pay a joining fee of ₹500 and get 300 bonus Reward Points when you receive the card. The annual fee is ₹750, but you can avoid paying it if you make at least one retail purchase every quarter. This makes it possible to keep the card free from the second year. You earn 2 Reward Points for every ₹150 you spend, and during the first 90 days, you get extra reward points, which helps you gain more value in the beginning.
The card also includes features that make travel and daily use more convenient. You get complimentary access to selected domestic airport lounges, which is helpful while travelling. It also provides free insurance coverage and a fuel surcharge waiver, helping you save more on regular expenses. These benefits, combined with the easy annual fee waiver, make the card a good option for anyone looking for a basic credit card with simple rewards and useful perks.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
PNB RuPay Select Credit Card – Complete Features, Benefits & Eligibility
The PNB RuPay Select Credit Card is a popular choice among users who want a simple, affordable, and rewarding credit card. It runs on the RuPay platform and offers benefits such as reward points, airport lounge access, insurance cover, and fuel savings. It explains all the features, advantages, charges, and eligibility details in a clear way.
Reward Points on Every Spend
This card comes with an easy-to-understand reward program. You earn 2 Reward Points for every ₹150 spent on regular retail purchases. These points stay valid for 3 years, giving you enough time to redeem them.
During the first 90 days of activation, cardholders get 2x Reward Points on online shopping and merchandise purchases. This accelerated feature helps you collect more points quickly, especially if you shop frequently during the onboarding period.
Welcome Benefits
As a welcome offer, the PNB RuPay Select Card gives 300 bonus Reward Points when you complete your first purchase within 90 days of receiving the card. This allows new users to begin earning rewards right away.
Along with this, the first 90-day 2x rewards benefit ensures that you get extra value on your early transactions.
Complimentary Airport Lounge Access
One of the biggest highlights of this PNB credit card is free lounge access. The card offers:
- 2 complimentary domestic lounge visits per quarter
- 4 complimentary international lounge visits
These benefits make travel smoother and more comfortable, especially for people who fly often.
Insurance Benefits
The card includes a strong insurance cover, offering ₹10 lakh accidental death or total disability insurance. This adds financial security and peace of mind for cardholders and their families, without any additional cost.
Annual Fee Waiver
The card has an annual fee of ₹750 from the second year. However, PNB provides an easy spend-based waiver. If you use your credit card at least once every quarter in the previous year, your annual fee is waived. This makes it possible to keep the card free from the second year onward.
Fuel Surcharge Waiver
With this card, you enjoy a 1% fuel surcharge waiver on payments between ₹500 and ₹3,000. The maximum benefit allowed per billing cycle is ₹250. This feature helps in small but consistent savings for users who frequently refuel their vehicles.
Reward Point Redemption
Reward Points earned on the PNB RuPay Select Credit Card can be redeemed easily on the PNB Rewardz portal.
- 1 Reward Point = ₹0.25
- Points can be used for hotel bookings, products, mobile/DTH recharges, and more
- At least 500 points are needed to redeem.
Credit Limit
The PNB RuPay Select Credit Card offers a credit limit of up to ₹10 lakh, depending on your credit profile and income. Some users may receive a lower limit, starting from around ₹50,000. If you need a higher limit later, you can request an upgrade based on your transaction history.
PNB RuPay Select Credit Card Fees and Charges
- Joining Fee: ₹500 (first year only)
- Annual Fee: ₹750 (from the second year, easily waived)
- Interest Rate: 2.95% per month
- Forex Markup: 3.5% on international transactions
- Cash Advance Charges: PNB ATM charges are 2% or ₹150, other domestic ATMs cost 2% or ₹200, and international ATMs charge 2% or ₹250.
Eligibility Criteria
To apply for the PNB RuPay Select Credit Card, you must match the following basic criteria:
- Primary cardholder age: 21–65 years
- Add-on cardholder age: 18–65 years
- Must have a stable source of income
- A good credit score improves approval chances
Documents Required
- Valid government ID and address proof
- PAN card
- Passport-size photo
- Last 3 months’ salary slips (for salaried applicants)
- Latest ITR (for self-employed applicants)
How to Apply PNB RuPay Select Credit Card
You can apply for this card through two simple ways:
- Visit your nearest PNB branch, fill out the application form, and submit the required documents.
- Download the form from the official PNB Cards website, fill it in, and submit it at any PNB branch.
PNB RuPay Select Credit Card Review
The PNB RuPay Select Credit Card is a value-for-money card suitable for people who want rewards, travel benefits, and simple features at an affordable cost. With lounge access, a strong insurance cover, and the chance to make the card free from the second year, it becomes a practical choice for daily spending. The Patanjali co-branded version is also available, but for users who do not regularly purchase Patanjali products, the standard PNB RuPay Select Card is a more balanced and useful option.
How can I redeem Reward Points on my PNB RuPay Select Credit Card?
You can redeem your Reward Points by logging in to the PNB Rewardz portal. The points can be used for mobile/DTH recharges and many other options in the catalogue. Each Reward Point is worth ₹0.25.
How do I activate my PNB RuPay Select Credit Card or check if it is activated?
You can activate your credit card by calling PNB customer care or through net banking. If you want to confirm whether your card is active, you can simply call customer care for an instant update.
How can I check my PNB RuPay Select Credit Card statement?
To view your statement, log in to the PNB Cards website, go to “My Account,” and select the “Card Statement” option.
What is the annual fee for the PNB RuPay Select Credit Card?
The joining fee is ₹500, and the annual fee from the second year is ₹750.
How much cash advance fee is charged at PNB ATMs?
When you withdraw cash from a PNB ATM, you will be charged 2% of the amount withdrawn, with a minimum fee of ₹150.
How many complimentary lounge visits does this card provide?
You get 8 complimentary domestic airport lounge visits every year, limited to 2 free visits per quarter.
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