PNB RuPay Millennial Credit Card
Punjab National Bank
Last updated: Feb 03, 2026
₹999
₹399
3.5%
4 visits/yr
Contents
PNB RuPay Millennial Credit Card is a lifestyle-focused youth credit card designed for digitally savvy customers who want rewards on everyday spends, online shopping and utility payments. It offers 300+ welcome reward points, a simple rewards programme with 2 points per ₹150 spent and access to domestic and international RuPay lounge programmes. Cardholders also get fuel surcharge waiver, comprehensive insurance coverage, PNB Genie app support and over 300 partner offers, making it a solid mid-range PNB RuPay credit card for millennials and young professionals.
Features of PNB RuPay Millennial Credit Card which makes it unique
Youth-Focused RuPay Millennial Design
Specifically marketed as a youth card for mid-segment customers, focusing on digital usage, online shopping and lifestyle.
Aligns with spending patterns of millennials and young professionals who prefer UPI, apps and e-commerce.
More youth-centric positioning than generic entry-level PNB RuPay and Visa credit cards.
300+ Merchant And Lifestyle Offers
Access to over 300 offers across dining, wellness, shopping and travel through PNB and RuPay platforms.
Helps maximise savings on lifestyle spends beyond the basic reward points programme.
Higher emphasis on partner offers compared to many basic entry-level bank credit cards.
Rewards Structure of PNB RuPay Millennial Credit Card
Base Rewards On Retail Spends
baseAll eligible retail purchases including shopping, groceries, utilities, travel and dining; excludes fuel, cash withdrawals, wallet loads, EMI conversions and other restricted categories.
Standard reward earn rate on most day-to-day spends with the PNB RuPay Millennial Credit Card.
Online And App Payments
baseOnline shopping, app-based payments and e-commerce transactions made on Indian websites and apps using the PNB RuPay Millennial card.
Ideal for young users who frequently pay online for subscriptions, shopping and bills.
Welcome Reward Points
baseFirst eligible retail or online transaction posted within 90 days from card issuance date.
Welcome reward points make the effective first-year reward value of this PNB RuPay credit card more attractive.
Milestones of PNB RuPay Millennial Credit Card
Activation Welcome Bonus
First eligible retail or online transaction within 90 days : 300+ bonus reward points credited as a one-time activation benefit.
Annual Fee Waiver Milestone
₹1,00,000 eligible spends in the preceding year : Annual fee of ₹999 is waived if total eligible spends meet or exceed ₹1 lakh in the previous year.
Fees & Charges of PNB RuPay Millennial Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹399 |
| Annual Fee | ₹999 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | 3% |
| Returned Payment Fee | ₹200 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Annual fee is waived if total eligible spends on the card are ₹1,00,000 or more in the preceding year; cash withdrawals, fees, interest and charges are excluded from the waiver calculation.
Fee Explanation PNB charges 2% of the cash amount (with a minimum fee depending on ATM type) on cash advances, a foreign currency markup of 3.50% over the card network exchange rate, late fees up to ₹750 based on total amount due, over-limit charges of 2.5% of the over-limit amount (minimum ₹500), and ₹200 per returned cheque or failed auto-debit on RuPay cards, plus applicable GST.
Detailed Explanation of PNB RuPay Millennial Credit Card Fees
Joining Fee: 399 (one-time)
Charged in the first statement for both primary and add-on RuPay Millennial credit cards.
Annual Fee: 999 (yearly)
Annual fee waived if eligible spends on the card are ₹1,00,000 or more in the preceding year; cash withdrawals, fees and charges are excluded.
Cash Advance Fee: 2% (transaction)
2% of cash withdrawn; minimum ₹150 on PNB ATMs and ₹200 on other domestic ATMs for RuPay Millennial; higher minimums may apply on overseas ATMs.
Late Payment Fee: 750 (occurrence)
Slab-based: nil up to ₹1,000; ₹500 for ₹1,001–₹5,000; ₹600 for ₹5,001–₹10,000; ₹750 above ₹10,000 total payment due.
Overlimit Fee: 2.5% (occurrence)
2.5% of the over-limit amount, subject to a minimum of ₹500; overlimit facility is provided only with explicit customer consent.
Foreign Currency Markup: 3.5% (transaction)
3.50% over and above the card network exchange rate on all international transactions, plus applicable GST.
Cheque / Auto-debit Return Fee: 200 (occurrence)
₹200 per returned cheque or failed auto-debit instrument for RuPay credit cards.
Lounge Access Benefits with PNB RuPay Millennial Credit Card
domestic Lounges
silverVisits per year: 2
Guest access: No
Complimentary domestic airport lounge access is offered through the RuPay Millennial lounge programme at select airports; visits and participating lounges are subject to RuPay and PNB’s latest terms and may change periodically.
international Lounges
silverVisits per year: 2
Guest access: No
International lounge access is provided via the RuPay Global lounge programme and partner network at select overseas airports; complimentary visits, participating lounges and access rules are governed by RuPay and are subject to change.
Insurance Coverage with PNB RuPay Millennial Credit Card
Air Accident Insurance
₹10,00,000Complimentary personal air accident cover for primary cardholders as per PNB and RuPay Millennial insurance programme terms; valid on eligible ticketed journeys paid using the card.
Purchase Protection
₹50,000Coverage against burglary or damage of eligible high-value retail purchases made using the card, typically within 90 days of purchase and subject to claim process and exclusions.
Card Liability Protection
As per bank policyLimited protection against fraudulent transactions post timely card loss reporting to PNB helpline, as per PNB credit card liability terms.
Additional Features of PNB RuPay Millennial Credit Card
PNB Genie Mobile App
Manage your PNB RuPay Millennial Credit Card from the PNB Genie app with real-time control over limits, statements, card lock/unlock and payments.
Requires registration with a PNB account or credit card relationship and a compatible smartphone.
Credit Card On UPI
Link your PNB RuPay Millennial Credit Card on supported UPI apps to pay merchants using UPI while utilising your credit limit.
Available on eligible UPI apps with RuPay credit card on UPI support; cash withdrawal and P2P transactions are not allowed on UPI.
Contactless Payments
Tap-and-pay enabled RuPay contactless credit card for quick, secure low-value transactions at enabled POS terminals.
Contactless limit and PIN requirement are governed by NPCI and RBI guidelines and may change from time to time.
Easy EMI Conversion
Convert large purchases into EMIs with flexible tenures through Insta EMI or Easy Pay EMI facilities.
EMI interest rate and processing fee are charged as per PNB’s EMI programme terms and are subject to minimum purchase amount.
Add-on Cards
Option to issue add-on RuPay Millennial cards to family members for shared benefits and consolidated rewards.
Add-on holders must meet PNB’s age and KYC requirements; credit limit is shared with the primary cardholder.
Welcome Bonus with PNB RuPay Millennial Credit Card
Welcome Bonus: 300+ Reward Points
Bonus Conditions: Welcome bonus is credited on the first eligible retail or online transaction done within 90 days of card issuance. Fuel, cash withdrawals, wallet loads and other excluded transactions do not qualify.
Application Process for PNB RuPay Millennial Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Visit the official PNB credit card website (pnbcard.in) or a nearby Punjab National Bank branch and choose the PNB RuPay Millennial Credit Card.
Fill in the online or physical application form with personal, employment and income details, and select RuPay Millennial as the desired variant.
Upload or submit KYC documents such as PAN, Aadhaar, address proof and income proof for verification.
PNB reviews your application, performs credit checks and may call you for tele-verification or additional clarification if needed.
On approval, your PNB RuPay Millennial Credit Card is printed, dispatched to your address and can be activated via PNB Genie, IVR or ATM by setting the PIN.
Required Documents for PNB RuPay Millennial Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Income Proof
self_employedAccepted documents:
PNB RuPay Millennial Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide acceptance across India at RuPay-enabled POS terminals for shopping, fuel, dining, groceries and services.
International Acceptance
Internationally accepted at partner merchants on the RuPay Global / Discover / Diners network, though coverage may be lower than Visa or Mastercard in some countries.
Online Acceptance
Supported for domestic online and in-app transactions on most Indian e-commerce and bill payment platforms that accept RuPay credit cards.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for PNB RuPay Millennial Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹42,000
Minimum annual income
Self-Employed Applicants
₹42,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant should have a minimum gross annual income of ₹5,00,000, valid PAN and Aadhaar, stable employment or business continuity, and a clean credit history. Maximum entry age is generally up to 65 years for primary applicants.
How Approval Is Decided
- Minimum gross annual income of around ₹5,00,000 as per PNB’s eligibility grid.
- Indian resident with valid PAN and Aadhaar and satisfactory KYC as per RBI norms.
- Clean credit history with no major recent defaults and a healthy credit score, typically 700 or higher.
- Internal policy checks on employer profile, bureau data and existing relationship with Punjab National Bank.
Pros of PNB RuPay Millennial Credit Card
- Low joining fee of ₹399 with a mid-range feature set including lounge access and lifestyle offers.
- Straightforward rewards of 2 points per ₹150 on most eligible spends, with an attractive welcome points bonus.
- Annual fee waiver at ₹1 lakh yearly spend, which is realistic for frequent credit card users.
- Fuel surcharge waiver and PNB Genie app control make it convenient for day-to-day usage.
- RuPay network enables UPI credit card payments and domestic acceptance at a wide range of merchants.
Cons of PNB RuPay Millennial Credit Card
- Effective reward rate is modest compared to specialised online shopping or cashback credit cards.
- Foreign currency markup of 3.50% plus GST makes it less attractive for heavy international travellers.
- Lounge access details and visit caps are governed by RuPay programme terms and are not very clearly communicated on public PNB pages.
- Reward points may offer better value only when smartly redeemed via PNB Rewardz, which needs some effort from users.
- Benefits and offers are subject to frequent changes and require periodic checking of PNB and RuPay websites.
Frequently Asked Questions about PNB RuPay Millennial Credit Card
What is the joining and annual fee for the PNB RuPay Millennial Credit Card?
The PNB RuPay Millennial Credit Card has a one-time joining fee of ₹399 and an annual fee of ₹999 for the primary card. The annual fee is waived if your eligible spends on the card are ₹1,00,000 or more in the preceding year.
How do reward points work on the PNB RuPay Millennial Credit Card?
You earn 2 reward points for every ₹150 spent on eligible retail transactions. You also get 300+ bonus reward points as a welcome benefit on your first eligible retail or online transaction within 90 days of card issuance. Reward points can be redeemed via PNB Rewardz for shopping, vouchers, travel bookings and even statement cashback.
Does the PNB RuPay Millennial Credit Card offer airport lounge access?
Yes, the PNB RuPay Millennial Credit Card is linked to the RuPay lounge programme and typically offers complimentary access to select domestic and international airport lounges. The number of free visits and participating lounges are governed by RuPay and PNB’s latest terms, so you should always check the current lounge list and visit limits before travel.
Is there a fuel surcharge waiver on the PNB RuPay Millennial Credit Card?
Fuel transactions on this card are eligible for a surcharge waiver of 1% (minimum ₹10) for RuPay fuel spends between ₹500 and ₹4,000 per transaction, with the waiver capped at ₹350 per statement cycle. Taxes on the fuel surcharge are not reversed and must be borne by the cardholder.
What is the income and age eligibility for the PNB RuPay Millennial Credit Card?
You should be at least 21 years old, with a gross annual income of ₹5 lakh or more and a stable job or business profile. The card is generally issued up to 65 years of age for primary applicants, subject to KYC, internal credit checks and a satisfactory credit score, typically 700 or higher.
Can I use the PNB RuPay Millennial Credit Card on UPI apps?
Yes, as a RuPay credit card, it can be linked to supported UPI apps such as Google Pay, PhonePe and others under the ‘credit card on UPI’ feature, allowing you to pay UPI merchants using your credit limit. However, P2P fund transfers and cash-like transactions on UPI using the credit card are not allowed.
Is the PNB RuPay Millennial Credit Card worth it for young professionals?
If you are a young professional looking for a low-joining-fee card with simple rewards, lounge access, fuel surcharge waiver, app-based control and UPI compatibility, the PNB RuPay Millennial Credit Card is a practical mid-range option. However, if your main goal is maximum cashback or high accelerated rewards on specific categories like online shopping, you may want to compare it with specialised cashback or e-commerce credit cards.
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