Punjab National Bank will revise PNB credit card fees from November 1, 2026, affecting cash withdrawals, late payments, failed payments, duplicate statements, reward redemptions and utility bills. Some services that were previously free will carry a charge.
Key Takeaways
- Reward-point redemption will cost ₹99 per request on eligible Visa and RuPay cards.
- A utility payment fee applies when total utility payments exceed ₹50,000 in a billing cycle.
- Late-payment charges on Visa and RuPay cards will range from nil to ₹1,200, depending on the amount due.
PNB credit card fees for cash and late payments
PNB’s public notice of revised credit card service charges lists November 1, 2026 as the effective date. The notice listing does not itself set out the individual fee amounts.
The revised cash-advance charge is 2.5% of the withdrawal or ₹400, whichever is higher. For withdrawals at other banks’ domestic ATMs and at overseas ATMs, it is 2.5% or ₹500, whichever is higher. The supplied fee details do not clearly identify the ATM category for the ₹400 minimum.
Previously, cash withdrawals on RuPay and Visa cards carried a fee of 2% or a minimum of ₹150 or ₹200, whichever was higher.
| Item | Details |
|---|---|
| Effective date | November 1, 2026 |
| Other-bank domestic and overseas ATM withdrawals | 2.5% of the withdrawal or ₹500, whichever is higher |
| Reward redemption | ₹99 per request on eligible Visa and RuPay cards |
| Older duplicate statements | ₹50 per month requested for statements more than three months old |
| Utility payments | 1% plus taxes when billing-cycle payments exceed ₹50,000; capped at ₹2,000 per transaction |
Late-payment and failed-payment charges
For Visa and RuPay card variants, the revised late-payment fee is nil for a total amount due of ₹500 or less, ₹500 for ₹501 to ₹1,000, and ₹750 for ₹1,001 to ₹10,000. It rises to ₹1,000 for the stated ₹10,000 to ₹50,000 band and ₹1,200 above ₹50,000. The stated bands overlap at exactly ₹10,000.
For credit cards against fixed deposits, the late-payment charge remains 30% of the minimum amount due, subject to a ₹200 minimum and ₹500 maximum per billing cycle.
For Visa and RuPay variants, a returned cheque or failed electronic clearing or auto-debit instruction will incur a charge of 2% of the payment amount, with a ₹400 minimum. For fixed deposit-linked cards, the charge is ₹100 per instrument.
Reward, statement and utility charges
Reward-point redemption will cost ₹99 per request on eligible Visa and RuPay cards, up from no fee. A duplicate statement more than three months old will cost ₹50 per month requested; e-statements remain free.
When utility payments on Visa and RuPay cards exceed ₹50,000 in a billing cycle, a fee of 1% of the entire payment applies, plus taxes, capped at ₹2,000 per transaction. Previously, there was no fee.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
Comments
Be respectful. No spam, impersonation or private credentials. Ordinary posts and comments appear immediately; suspicious links are held for review.
Please wait…