PNB RuPay Millennial Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

The joining fee for the PNB RuPay Millennial Credit Card is Rs. 399. Receive complimentary gym membership, a premium health checkup package, golf and spa sessions, as well as domestic and international lounge access with this card. As a welcome benefit, you will earn 300 reward points when you swipe the card for the first time within 90 days of receiving it. You can earn 2x reward points on retail merchandise/online transactions within 90 days of receiving the card (excluding cash withdrawals and fuel expenses). For every Rs. 150 spent on the card, you will earn 2 reward points. By registering for the E-bill facility, you can earn an additional 50 reward points. Each reward point is equivalent to Rs. 0.50. The card also provides comprehensive insurance coverage up to Rs. 10 lakhs.

The PNB RuPay Millennial Credit Card is a great choice for individuals who enjoy shopping and want to earn rewards on their purchases.

With a joining fee of Rs. 399 + GST and a renewal fee of Rs. 999 + GST, this card offers excellent value for money.

One of the standout features of this card is the reward points program.

Cardholders can earn 2x reward points on retail merchandise and online transactions within 90 days of receiving the card, excluding fuel and cash withdrawals.

Additionally, they can earn 2 reward points on every other Rs. 150 spent on the card.

To sweeten the deal, there is a welcome benefit of 300 bonus reward points for retail/online transactions when the card is swiped for the first time within 90 days of issuance.

Registering for the E-bill facility also earns an extra 50 bonus reward points.

For individuals who enjoy traveling, this card offers numerous perks.

Cardholders are entitled to complimentary lounge access, with 2 complimentary domestic lounge accesses per quarter and 2 complimentary international lounge accesses per year.

This is a great way to relax and enjoy some luxury while waiting for a flight.

Additionally, for those who enjoy golf, there are complimentary golf sessions available.

The card also provides insurance benefits, covering insurance up to Rs. 10 lakhs.

This gives cardholders peace of mind when using their card for transactions.

The renewal fee for this card is waived off if the cardholder spends Rs. 1 Lakh in the previous year.

This makes it easier to enjoy the benefits of the card without incurring additional fees.

One downside to note is that there is a foreign currency markup of 3.50% on the conversion amount.

This should be considered when using the card for international transactions.

The interest rate for this card is 2.95% p.m. (35.89% p.a.), which is a standard rate for credit cards in India.

Overall, the PNB RuPay Millennial Credit Card is an excellent choice for individuals who love shopping and want to earn rewards.

With its generous reward points program, lounge access, golf sessions, and insurance benefits, it offers excellent value for its annual fees.