Best Credit Card

All Benefits

  • 3-month Cult Fit “Cure Fit Live” subscription once a year
  • a Prime/JioHotstar welcome benefit once a year; a 3-month Swiggy One membership once a year
  • quarterly voucher block of ₹250 Flipkart, ₹250 Myntra, ₹100 Ola/Uber and ₹1,500 MakeMyTrip
  • 2 railway lounge visits a quarter the ixigo offer of up to 15% off flights and hotels, capped at ₹1,200, once per card per month on a minimum ₹5,000 booking
  • ₹250 BookMyShow buy-one-get-one once a quarter and GRT Jewellers discounts of ₹250 off silver orders of ₹2,500 and above and a flat 1.5% off gold orders above ₹20,000, capped at ₹1,500

Fees

Joining Fee Prime / JioHotstar welcome benefit once per annum, activation voucher up to ₹250 (Amazon, Swiggy, Zomato or Flipkart
₹589
₹499 + GST
Annual Fee The annual fee is waived if you spend ₹1.5 lakh or more in a year on your card, as per bank policy
₹589
₹499 + GST

Eligibility

Age
21-70 years
Salary
₹20.8K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency Examples (3.5%): ₹100 → ₹3.50 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.5%
Finance Charges (APR) Finance charges of 2.95% per month (35.89% per annum) apply on unpaid outstanding balances until the amount is fully repaid
2.95%
ATM Withdrawal 2.00% of the withdrawn amount is charged on cash advances using the credit card minimum ₹150, if applicable
2%
Reward Redemption No fee is charged when redeeming reward points
Not Applicable
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets
1%
Rent Payment No rent payment is charged
Not Applicable
Cheque Payment A fee of ₹200 is levied for cheque return, cheque dishonour, or auto-debit reversal
₹200
Cash Payment No fee is levied for paying credit card dues in cash at a Punjab National Bank branch
Not applicable

Late Payment Charges

Amount dueFee
₹0 - ₹1000₹0
₹1001 - ₹5000₹500
₹5001 - ₹10000₹600
Above ₹10000₹750

30% of the minimum amount due, minimum ₹200 and maximum ₹500 a billing cycle

Reward Exclusions

FuelEMI TransactionsWallet LoadRentGovernment SpendsCash AdvancesATM WithdrawalsJewellery

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
  • A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards

Full charges and terms: Bank MITC / Terms