Last reviewed: 10 October 2026. Fees and benefits checked against PNB’s official Visa Signature card page on creditcard.pnb.bank.in, the bank’s credit card MITC, its Schedule of Fees and Charges, its credit card FAQ and the revised charges notice effective 1 November 2026.
The PNB Visa Signature credit card is the top card in Punjab National Bank’s regular Visa range below the Luxura metal cards, aimed at customers earning ₹7.5 lakh or more a year. It charges ₹1,500 to join and ₹2,000 a year, with the annual fee waived if you spend ₹3 lakh in the previous financial year. In return you get 2 reward points per ₹100, a 24×7 concierge, Visa offers and a credit limit of up to ₹15 lakh. One important correction to older write-ups, including an earlier version of this page: PNB’s current card page lists airport lounge access as nil.
The card is listed on PNB’s current credit card page as of 10 October 2026.
PNB Visa Signature credit card: key facts
| Feature | Details |
|---|---|
| Network | Visa Signature |
| Joining fee | ₹1,500 + 18% GST (₹1,770) |
| Annual fee | ₹2,000 + 18% GST (₹2,360) |
| Fee waiver | Annual fee waived if spend in the previous financial year reaches ₹3,00,000 |
| Reward rate | 2 points per ₹100 (₹0.50 per ₹100) |
| Point value | ₹0.25; minimum redemption 1,000 points |
| Lounge access | Nil, domestic and international, per the card page |
| Concierge | 24×7, for flight and hotel bookings and similar requests |
| Add-on cards | ₹500 joining fee each, no annual fee |
| Fuel surcharge waiver | 1% refunded on fuel bills of ₹500 to ₹4,000, up to ₹350 per statement cycle |
| Forex markup | 3.5% |
| Credit limit | ₹1,25,000 to ₹15,00,000 (PNB FAQ) |
| Eligibility | Age 21 to 70, minimum annual income ₹7.5 lakh |
| Best for | High spenders who want a large limit and can cross ₹3 lakh a year |
What you would actually earn
Take a cardholder spending ₹30,000 a month, or ₹3,60,000 a year, which clears the ₹3 lakh waiver line.
- Points: ₹3,60,000 ÷ 100 × 2 = 7,200 points
- Value at ₹0.25: 7,200 × ₹0.25 = ₹1,800
- Redemption fee: ₹99 + 18% GST = ₹116.82 (one request)
- Year one joining fee: ₹1,500 + GST = ₹1,770
- Net value in year one: ₹1,800 minus ₹116.82 minus ₹1,770 = a loss of about ₹87
- Net value from year two (fee waived): ₹1,800 minus ₹116.82 = about ₹1,683
At a lower spend of ₹2 lakh a year, you would earn 4,000 points worth ₹1,000, miss the waiver and pay ₹2,360 in annual fee, ending about ₹1,477 in the red after the redemption charge. The card only makes sense if you are confident of crossing ₹3 lakh every financial year.
Pros and cons
Pros
- Twice the earn rate of PNB’s Visa Platinum and Gold cards
- Clear spend based fee waiver at ₹3 lakh
- High credit limit of up to ₹15 lakh
- 24×7 concierge and Visa Signature offers
- Fuel surcharge refund on bills up to ₹4,000
Cons
- No airport lounge access, unusual for a Signature tier card
- Effective return of 0.5% is low for a ₹2,000 card
- ₹1,500 joining fee is never waived
- 3.5% forex markup
- ₹99 plus GST charged on each redemption
Fees and charges
| Charge | Amount |
|---|---|
| Joining fee | ₹1,500 (add-on ₹500) |
| Annual fee | ₹2,000, waived at ₹3 lakh previous year spend |
| Interest on revolving credit | 2.95% a month (35.89% a year) |
| Interest-free period | 20 to 50 days, purchases only |
| Late payment fee | Nil up to ₹1,000; ₹500 (₹1,001 to ₹5,000); ₹600 (₹5,001 to ₹10,000); ₹750 (above ₹10,000) |
| Cash advance | 2% of the amount, minimum ₹100 at PNB ATMs, ₹150 at other ATMs, ₹300 overseas |
| Over-limit fee | 2.5% of the excess, minimum ₹500 |
| Card replacement | ₹250 |
| Cheque or auto-debit bounce | ₹250 per instrument |
| Forex markup | 3.5% |
| Reward redemption | ₹99 per request |
A ₹50,000 overseas spend costs ₹50,000 × 3.5% = ₹1,750 in markup, or ₹2,065 with GST, which is more than the year’s rewards on that spend.
Eligibility and documents
- Primary cardholder aged 21 to 70
- Minimum gross annual income of ₹7.5 lakh, salaried or self-employed
- Identity and address proof, income proof and PAN
- Up to two add-on cards for a spouse, parent, adult son or unmarried daughter aged 18 to 70
- Billing date is the 20th of each month, with payment due 20 days later
A card against a fixed deposit has no upper age limit at PNB and a lower interest rate of 1.5% a month. Our PNB FD interest rates page shows current deposit returns.
How it compares
| Card | Joining / annual fee | Rewards | Lounge | Income |
|---|---|---|---|---|
| PNB Visa Signature | ₹1,500 / ₹2,000 | 2 per ₹100 | Nil | ₹7.5 lakh |
| PNB Visa Platinum | Nil / ₹500 | 1 per ₹100 | Nil | ₹5 lakh |
| PNB RuPay Select | ₹500 / ₹750 | 2 per ₹150 | 2 domestic a quarter, 2 international a year | ₹5 lakh |
If lounge access matters to you, the cheaper RuPay Select actually gives more. The Signature wins only on reward rate and credit limit.
Our verdict on the PNB Visa Signature credit card
The Visa Signature suits PNB customers who spend well above ₹3 lakh a year and want a high limit on a globally accepted network. For everyone else, the never waived joining fee, missing lounge access and 0.5% return make it hard to justify. Compare it with no fee cards before applying.
How to apply
Apply through PNB’s online credit card portal or at a branch. Current terms are on the official PNB Visa Signature card page.
FAQs
What is the annual fee on the PNB Visa Signature credit card?
₹2,000 plus GST, waived if you spent ₹3 lakh or more on the card in the previous financial year. The joining fee is ₹1,500 plus GST.
Does the PNB Visa Signature card offer lounge access?
No. PNB’s current card page lists domestic and international airport lounge access as nil.
How many reward points do I earn?
2 points for every ₹100 spent, each worth ₹0.25, so about ₹0.50 per ₹100.
What credit limit can I expect?
PNB’s FAQ gives a range of ₹1,25,000 to ₹15,00,000.
Is there a BookMyShow offer?
PNB’s current card page does not list a BookMyShow offer. Visa runs its own offers for Signature cardholders, which change from time to time.
This article is for informational purposes only and does not constitute financial advice. Card features and charges can change; check the bank’s official website before applying.
