PNB Global Platinum Credit Card

The world is your clam and the sky’s the breaking point when you shop with a PNB Global Platinum Credit Card. Platinum individuals can appreciate uncommon benefits and extraordinary offers from PNB when they utilize their charge cards for making regular buys. The PNB Global Platinum Credit Card opens a radical new universe of advantages comprehensive of yearly charge waivers, add-on cards, platinum benefits, overall acknowledgment and an appealing prizes program. As security includes, this card conveys an inserted microchip which ensures online exchanges against digital assaults and clients can likewise appreciate protection insurance as lost card risk for their PNB Global Platinum Credit Cards.

Benefits of a PNB Global Platinum Card:

Some of the key Platinum benefits enjoyed by PNB Global Platinum Credit Cardholders have been listed below.

• Annual Fees: The annual fees for a PNB Global Platinum Credit Card will be waived off if – a) the spend on the card is more than the credit limit, b) there is at least one retail purchase transaction in a quarter and c) the card account has a good track record.
• Joining Fees: The Joining Fee charged for a PNB Global Platinum Credit Card will be refunded by PNB if the cardholder has made purchases above the credit card limit within the first six months of usage.
• Add-on cards: Cardholders can get up to two add-on cards for their spouse, parents and children over the age of 18 years.
• Platinum Benefits: As part of platinum benefits, PNB provides priority customer care services and additional incentives in the form of merchant offer to PNB Global Platinum Credit Card holders.
• Credit Card Account Summary: PNB also provides yearly account statements to all Platinum card holders, which gives them easy access to their credit card transactions.

Features of a PNB Global Platinum Credit Card:

A PNB Global Platinum Credit Card comes with a plethora of features as listed below.

• Worldwide acceptance: The PNB Global Platinum Credit Card is accepted at over 3, 80,000 merchant outlets and at over 30,000 ATMs in India. Worldwide, this credit card is accepted at 29 million outlets and 1 million Visa ATMs.
• An all-purpose credit card: The PNB Global Platinum Credit Card is a multipurpose credit card which can be used for shopping, dining, travel, railway ticket bookings and also for refueling.
• Rewards Program: Customers can earn 1 rewards point for every Rs 100 spent using the PNB Global Platinum Credit Card. Accrued points can be redeemed for exciting gifts from PNB’s rewards program. Retail transactions get customers 2 rewards points for every Rs 150 spent using the Platinum card.
• Lost Card Liability: Any loss of credit card should be immediately reported to the 24/7 customer care center. PNB provides lost card liability protection for all kinds of fraudulent transactions occurring after that.
• Utility Bill Payments: PNB Global Platinum Credit Cardholders can easily pay their mobile/telephone bills and electricity bills on the Visa Bill pay website.
• Concierge Services: Platinum cardholders can contact the 24/7 concierge help desk to avail any of the following services –
  • Reservations for dining
  • Bookings for travel and hotel accommodations
  • Passport / Visa assistance / Pre-trip assistance
  • Delivery of flowers and gifts
  • Lifestyle services / Booking for events and shows
  • Emergency services / Emergency Road Side Assistance / Medical Assistance / Travel Arrangements for patients
• Dining Offers: PNB Global Credit Cardholders can get discounts ranging from 10% to 25% on dining bills and hotel accommodation at Sarovar Hotels and Resorts.
• Wellness Offers: The Kairali Ayurvedic Group offers PNB Global Credit Card holders a discount of 10% on the MRP.

Documents required:

Fully filled-in credit card application form

Residence Proof / ID Proof –

• Telephone Bills / Bank Account Statement / Electricity Bills for the last three months
• Letter from a recognized public authority
• Letter from the applicant’s employer
• Voter’s ID card
• Passport
• Driving License

Income Proof –

• Form 60
• IT Returns statement
• Salary Certificate

If the PAN Card is not available, then Form 60-61 with a photo ID proof has to be submitted.

Eligibility:

• The applicant will be eligible to avail a PNB Global Platinum Credit Card only if he carries a minimum educational qualification of 10^th Standard (Passed).
• The primary card holder should be aged between 21 and 65 years and add-on credit card holders should be 18 to 65 years old.
• Salaried employees, retired Government staff, self-employed professionals and businessmen who meet the required income criteria are eligible to apply for a PNB Global Platinum Credit Card.
• The applicant should be employed or should reside in the city where the concerned PNB branch is located.
• PNB requires all applicants to have a banking relationship with a good record for a minimum period of 6 months.

Fees & Charges:

Primary Cards – Annual Fees	Rs. 500 The annual fee will not be levied if the credit card has been taken against a fixed deposit.
Add-on Cards – Annual Fees	Nil
Primary Cards – Joining Fees	Rs. 500 The joining fee will not be levied if the credit card has been taken against a fixed deposit.
Add-on Cards – Joining Fees	Rs. 500 This fee will not be levied if the credit card has been taken against a fixed deposit.
Renewal Fees	Nil
Revolving Credit – Annualized percentage rate	29.81% per annum 19.56% per annum for credit cards taken against a fixed deposit.
Finance charges – Interest rate per month on revolving credit, amount overdue and cash withdrawals.	2.45% per month 1.5% per month for credit cards taken against a fixed deposit.
Cash advance transaction charges – At PNB ATMs	2% of the amount withdrawn or Rs.50, whichever is higher.
Cash advance transaction charges – At Other ATMs	, 2% of the amount withdrawn or Rs.75, whichever is higher.
Cash advance transaction charges – ATMs Overseas	2% of the amount withdrawn or Rs.150, whichever is higher.
Over Limit Charges	2.5% or a minimum of Rs.500. Rs 250 is charged for credit cards taken against a fixed deposit.
Dishonour of ECS / Return of cheque / Auto Debit	Rs.250 per instance Rs. 100 is charged for credit cards taken against a fixed deposit.
Card replacement fee	Rs.250 per instance Rs. 100 is charged for credit cards taken against a fixed deposit.
Duplicate statement	Free Rs. 50 is charged for credit cards taken against a fixed deposit.
Pin replacement fee	Rs.100 per card Rs. 50 is charged for credit cards taken against a fixed deposit.
Balance transfer interest charges	0.99% per month
Balance transfer processing fees	1% of the transfer amount or Rs.199, whichever is higher.
Interest-Free Period	20 – 50 days
Cash Advance Limit	40% of the credit limit PNB Staff – 20% of the credit limit
Minimum amount due	5% of total amount due
Late Payment Fee	30% of the minimum amount due or a minimum of Rs.500 / billing cycle.