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Punjab National Bank – one of the largest public sector banks in India has modified the guidelines for Luxura Credit Card. The credit card is offered by PNB in partnership with RuPay and VISA. The revised guidelines are given below. You can go through the guidelines and check details:
| Parameter | RuPay | VISA |
|---|---|---|
| Joining Fee (Primary/Add-on) for Public | Joining fee will be charged only if: (i) Total spend on the card is less than ₹2.5 lakh within three billing cycles from the date of activation OR (ii) An activated card is closed within 90 days of the date of activation. The charges shall be levied after three billing cycles OR prior to closure of card, whichever is earlier. | Joining fee will be charged only if: (i) Total spend on the card is less than ₹1.5 lakh within three billing cycles from the date of activation OR (ii) An activated card is closed within 90 days of the date of activation. The charges shall be levied after three billing cycles OR prior to closure of card, whichever is earlier. |
| Joining Fee (Primary/Add-on) for Staff | Joining fee will be charged only if: (i) Total spends on the card is less than ₹1.0 lakh within three billing cycles from the date of activation OR (ii) An activated card is closed within 90 days of the date of activation. The charges shall be levied after three billing cycles OR prior to closure of card, whichever is earlier. | Joining fee will be charged only if: (i) Total spends on the card is less than ₹1.0 lakh within three billing cycles from the date of activation OR (ii) An activated card is closed within 90 days of the date of activation. The charges shall be levied after three billing cycles OR prior to closure of card, whichever is earlier. |
| Welcome Benefit | 20,000 Reward Points (equivalent to ₹5,000) on spends of ₹50,000 in the first 90 days of card activation. Welcome benefit will be credited in the billing cycle ensuing first 90 days of activation. | 20,000 Reward Points (equivalent to ₹5,000) on spends of ₹50,000 in the first 90 days of card activation. Welcome benefit will be credited in the billing cycle ensuing first 90 days of activation. |
| Milestone Benefit | • 10,000 reward points (equivalent to ₹2,500) on spend of ₹5 lacs annually. • Waiver of annual fee on spends of ₹8.0 lakh for RuPay. • 14,000 reward points (worth ₹3,500) on spends of ₹10.00 lakh in a year. • 26,000 reward points (worth ₹6,500) on spends of ₹15.00 lakh in a year. | • 10,000 reward points (equivalent to ₹2,500) on spend of ₹5 lacs annually. • Waiver of annual fee on spends of ₹6.0 lakh for VISA. • 14,000 reward points (worth ₹3,500) on spends of ₹10.00 lakh in a year. • 26,000 reward points (worth ₹6,500) on spends of ₹15.00 lakh in a year. |
All other financial/service charges and benefits, excluding those mentioned above, will remain unchanged. The modified features will be applicable to all credit card applications received on or after 05th July 2026.
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