PNB
Punjab National Bank Rakshak Credit Card
Best for rewards
₹500/yr annual fee
By FinWiz24 Research Desk · Reviewed by FinWiz24 Research Desk · How we review
Annual fee
₹500/yr
Reward rate
Not published
Min. income
₹2,50,000
Forex markup
3.5%
Lounge access
None
Eligibility
₹2.50 lakh/yr · CIBIL 650+
Reward cap
No published cap
Welcome benefit
None beyond the reward rate
Who is this for
- Rewards optimiser
What we like
- Complimentary travel insurance
Watch out for
- 2% cash-advance fee
- 3.5% foreign-transaction markup
Issuer
Fees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹0 | Not waivable |
| Annual fee | ₹500 | Waived on annual spends ≥ ₹1,00,000 |
| Renewal fee | ₹500 | Waived on annual spends ≥ ₹1,00,000 |
| Late payment | ₹500 | Not waivable |
| Cash advance | 2% of amount | Not waivable |
| Forex markup | 3.5% | Not waivable |
| Fuel surcharge | 1% | 1% surcharge waived on fuel between ₹400 and ₹10,000 |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 4.00 | — | 0.25 |
| INSURANCE | 4.00 | — | 0.25 |
| UTILITY_BILLS | 4.00 | — | 0.25 |
Benefits
-
Complimentary insurance cover Highlight
Up to ₹10 lakh personal accident insurance cover with the card — ₹10 lakh
-
Fuel surcharge waiver
1% fuel surcharge waiver on fuel transactions between ₹400 and ₹10,000 — 1% waiver
-
Annual milestone benefits
Bonus reward points on annual spends milestones
Eligibility
- Age
- 21–65 years
- Min. income
- ₹2,50,000
- Min. credit score
- 650+
- Score note
- Stable income
- Employment
- Salaried, self-employed
- Documents
- PSB mass insurance-focused card
Punjab National Bank Rakshak Credit Card is a VISA credit card from Punjab National Bank. It is best suited for rewards.
Fees and rewards
- Annual fee: ₹500
- Joining fee: ₹500
- Rewards: 4 reward points per ₹100
Eligibility
PSB mass insurance-focused card
Card data is compiled from the issuer’s published fee schedules and is reviewed weekly. Medium-confidence record — verify with the issuer before applying. Status: active.
Apply for Punjab National Bank Rakshak Credit Card
Last reviewed · How we review
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