Punjab National BankVisa Network

Verified

Direct Bank Application via Official Issuer Portal

3.7/5 Editorial Score

PNB Global Classic Credit Card

Universal Everyday Utility and Shopping Card with PNB Rewardz

Best Suited For

Salaried consumers seeking basic reward accumulation and quarterly fee waivers

Joining Fee

Free

One-time upfront

Annual Fee

₹250

Waiver terms not verified

Base Rewards

Standard Points

On eligible spends

Forex Markup

3.50% + GST

Cross-currency spends

Apply Now Compare Card Official Terms

Last verified 3 Oct 2026

Why Consider This Card?

Objective editorial assessment, ideal spender profile, and primary trade-offs

Editorial Verdict

3.7/5 Editorial Score

The PNB Global Classic Credit Card is Punjab National Bank's baseline consumer credit card tailored for salaried employees and entry-level cardholders. Its major benefit is an activity-based fee waiver policy: while the card carries a nominal annual fee of ₹250, it is 100% free if the cardholder executes at least one retail transaction per calendar quarter. Cardholders earn 1 PNB Rewardz point for every ₹100 spent, which can be redeemed for mobile recharges, gift cards, or shopping vouchers. Additionally, it offers a standard 1% fuel surcharge waiver across Indian fuel pumps and low APR charges of 2.99% per month (35.88% per year). Drawbacks include low baseline reward return (approx. 0.25%), absence of airport lounge access, and basic merchant offers compared to private sector cards. For everyday household utility bills, grocery runs, and basic credit history building with a trusted public sector bank, it delivers consistent utility at virtually zero cost.

Ideal For:Salaried consumers seeking basic reward accumulation and quarterly fee waivers

Card Strengths

Zero Joining Fee: No initial fee charged on card issuance and account setup.
Quarterly Usage Fee Waiver: Annual fee is 100% waived by completing just 1 retail purchase per calendar quarter.
Free Add-On Cards: Issue up to two complimentary supplementary cards for family members.
1% Fuel Surcharge Waiver: Save on refuelling with 1% waiver on transactions between ₹500 and ₹4,000.
PNB Rewardz Points: Earn points on daily retail purchases redeemable for vouchers and merchandise.

Things to Keep in Mind

No Airport Lounge Access: Card does not provide complimentary access to domestic or international lounges.
Modest Reward Value: 1 point per ₹100 spend translates to a modest ~0.25% effective rewards return.
Standard 3.50% Forex Markup: Incurs standard foreign currency conversion fees on overseas transactions.
No Milestone Bonus Rewards: Lacks annual spend milestone bonuses or accelerated e-commerce shopping tiers.

Rewards & Cashback Structure

Base earning rates, partner merchant acceleration, redemption options, and exclusions

Reward Program Name: PNB Rewardz
Reward Currency: PNB Reward Points
Point Value (INR): ₹0.2500 per point
Redemption Channels: Refer to bank rewards portal
Reward Point Expiry: Refer to bank rewards program terms

Category Accelerated Earn RatesPublished Terms

Spend Category	Earn Rate	Reward Cap	Conditions
Retail Spends	1 Reward Point per ₹100 spent (0.25% value; 1 RP = ₹0.25)	No Cap	Standard terms apply

Explore top credit cards and rewards across top verified merchant brands.Browse Merchant Hubs

Estimate Your Custom Monthly Rewards

Calculate estimated net cashback and points across your actual spending pattern.

Open Rewards Calculator

Reward Exclusions: Fuel transactions, wallet loading, cash withdrawals, rent payments, educational payments, and government services are generally excluded from base and accelerated reward point accrual across all Indian card issuers.

Reward Calculator

Estimate Your Annual Rewards

Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.

Verified Rates & Caps

Quick Select:

Total Monthly Spend:₹30,000 / month

₹5,000 / mo₹1 lakh / mo₹2 lakh / mo

Category Spend Allocation

Customize monthly spend in each category. Category amounts sum directly to your monthly spend.

Assumed spend distribution

Retail Spends0.25%

No published cap

₹

Excluded / Non-Reward Spends0%

Fuel, rent, wallet, govt, cash

₹

Category / Reward Bucket	Monthly Spend	Rate	Effective Rate	Cap Period	Eligible Reward	Cap Status
Retail Spends	₹30,000	1 Reward Point per ₹100 spent (0.25% value; 1 RP = ₹0.25)	—	None	Calculating...	Under cap
Total Monthly Cashback	₹30,000	-	—	-	₹0 / mo	Zero cap loss

Annual Spends

₹3.6 lakh

12 billing cycles

Annual Capped Rewards

₹0

0% blended return

Effective Fee

-₹250

Standard renewal

Net Annual Value

+₹0 / yr

Rewards - Fee

*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds - ₹250 annual fee.

Multi-card comparator

Airport Lounge Access

Domestic and international lounge privileges, spend hurdles, and participating terminals

No Airport Lounge Access Included

This card is tailored primarily for shopping rewards, cashback, or specific co-branded spend and does not include complimentary airport lounge visits.

Fees & Charges

Complete breakdown of joining, renewal, forex, financing APR, and transaction charges

1. Card Membership Fees

Joining Fee (1st Year): Free
Annual / Renewal Fee (2nd Year Onwards): ₹250
Annual Spend Fee Waiver: Waiver terms not verified
Fee Terms Notes: Visa Classic entry-level credit card; ?0 joining fee; ?250 + GST annual renewal fee waived completely if at least one retail transaction is made per calendar quarter.

2. International Spends

Foreign Currency Markup (Forex): 3.50% + GST
Dynamic Currency Conversion (DCC): Standard 1% mark-up on cross-currency INR transactions where applicable

3. Borrowing & Financing

Monthly Interest Rate (Finance Charges): 2.99% per month
Annualized Interest Rate (APR): 35.88% p.a.
Cash Advance / ATM Withdrawal Fee: Refer to official schedule of charges
Interest-Free Period: Up to 50 Days

4. Other Charges & Taxes

Late Payment Charges: Refer to official schedule of charges

Regulatory Tax Notice: Goods and Services Tax (GST) of 18% is applicable on all card fees, interest charges, and milestone fees as mandated by the Government of India.

Verified Terms & Exclusions Summary

Key Terms & Conditions for PNB Global Classic Credit Card: • Joining & Annual Fee: ₹0 joining fee; ₹250 + GST annual renewal fee waived completely if at least one retail transaction is made per calendar quarter. • Reward Accrual: Earn 1 PNB Rewardz point per ₹100 spent on all retail POS and online e-commerce transactions. • Fuel Surcharge Relief: 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000 across all domestic fuel bunks. • Finance Charges: 2.99% per month (35.88% annualized) on unpaid revolving card balances. • Foreign Exchange Markup: 3.50% + GST on all cross-border and foreign currency expenditures. • Add-on Facility: Up to 2 complimentary add-on cards for immediate family members above 18 years of age.

Is the Annual Fee Worth It?

Evaluate whether this card's perks and waiver threshold justify its ₹250 renewal fee.

Calculate Fee ROI

Eligibility & Application Requirements

Income criteria, minimum age, CIBIL score benchmark, and verification checklist

Eligibility criteria not specified

Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.

Mandatory Verification Documents

1. Identity ProofPAN Card (Mandatory), Aadhaar Card, Passport, or Voter ID.

2. Address ProofAadhaar (DigiLocker), Utility Bill (Electricity/Piped Gas), or Rental Agreement.

3. Income ProofLatest 3 months salary slips, Form 16, or latest 2 years ITR computation.

Frequently Asked Questions

Common questions regarding PNB Global Classic Credit Card application, fees, reward redemption, and eligibility

How can the annual fee be waived on PNB Global Classic Credit Card?

The annual fee of ₹250 is completely waived if you make at least one retail transaction in each calendar quarter of the card anniversary year.

What is the joining fee for this card?

The PNB Global Classic Credit Card is issued with a ₹0 joining fee.

How many PNB Rewardz points do I earn on retail spends?

You earn 1 PNB Rewardz point for every ₹100 spent on eligible POS and online retail purchases.

Does PNB Global Classic offer fuel surcharge waivers?

Yes, a 1% surcharge waiver applies to fuel transactions between ₹500 and ₹4,000 at all fuel retail outlets across India.

What is the joining and annual renewal fee for PNB Global Classic Credit Card?

The joining fee for PNB Global Classic Credit Card is Free (one-time), and the annual renewal fee is ₹250 from the second year onwards. GST of 18% is applicable on all fee charges.

Can the annual fee on PNB Global Classic Credit Card be waived?

Official annual fee waiver spend terms are currently unverified for PNB Global Classic Credit Card. Refer to the official Punjab National Bank cardholder schedule of charges or bank portal for latest terms.

What are the primary rewards and cashback earn rates on PNB Global Classic Credit Card?

PNB Global Classic Credit Card offers reward points on eligible transactions. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.

Does PNB Global Classic Credit Card offer complimentary airport lounge access?

No, PNB Global Classic Credit Card is designed for daily retail, cashback, or UPI spend and does not currently include complimentary airport lounge visits.

Similar Cards to Compare

Alternative credit cards with comparable reward rates, annual fee waivers, and perks

DIRECT BANK APPLICATION

Ready to Apply for PNB Global Classic Credit Card?

Direct online application on the official Punjab National Bank portal with paperless verification.

Apply Now Compare Other Cards

Spend Category

Earn Rate

Reward Cap

Conditions

Retail Spends

1 Reward Point per ₹100 spent (0.25% value; 1 RP = ₹0.25)

No Cap

Standard terms apply

Category / Reward Bucket

Monthly Spend

Rate

Effective Rate

Cap Period

Eligible Reward

Cap Status

Retail Spends

₹30,000

1 Reward Point per ₹100 spent (0.25% value; 1 RP = ₹0.25)

—

None

Calculating...

Under cap

Total Monthly Cashback

₹30,000

—

₹0 / mo

Zero cap loss