PNB Wave & Pay Credit Card Visa
Punjab National Bank
Last updated: Feb 03, 2026
₹499
₹499
2.5%
No lounge access
Contents
PNB Wave & Pay Credit Card Visa is a low-fee, contactless Visa card designed for fast tap-to-pay convenience and everyday rewards. It targets shoppers, commuters and casual travellers who want secure contactless payments and a simple reward structure. The card offers base rewards on retail and accelerated rewards on dining, with occasional partner offers available via PNB’s offers portal.
Features of PNB Wave & Pay Credit Card Visa which makes it unique
Visa PayWave
Tap-to-pay EMV technology for quicker checkouts.
Faster transactions and reduced physical contact.
More convenient than swipe/dip for everyday purchases.
Rewards Structure of PNB Wave & Pay Credit Card Visa
Dining
acceleratedRestaurants and food delivery
Higher earn on dining versus base rate.
Shopping
baseAll retail and online merchants
Standard base earn for general spend.
Fuel
baseFuel pumps (subject to merchant exclusions)
Fuel surcharge waiver not guaranteed unless specified by PNB.
Base Rewards
baseAll transactions not in accelerated categories
If PNB does not publish full slabs, base reward applies.
Milestones of PNB Wave & Pay Credit Card Visa
Quarterly Spend Benefit
₹25,000 (per quarter) : ₹200 statement credit
Fees & Charges of PNB Wave & Pay Credit Card Visa
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹499 |
| Annual Fee | ₹499 |
| Forex Markup Fee | 2.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Annual fee may be waived as per bank policy (commonly on ₹1,00,000 annual spend); confirm on official PNB T&C.
Fee Explanation Interest on overdue amounts and cash advances follow PNB T&Cs and RBI rules. Exact rates and minimums apply as per the bank's schedule of charges.
Detailed Explanation of PNB Wave & Pay Credit Card Visa Fees
Annual Fee: 499 (yearly)
Fee may be waived per bank policy (commonly on ₹1,00,000 annual spend).
Cash Advance Fee: 2.5% (transaction)
Minimum charge applies (typically ₹300) as per bank T&C.
Foreign Currency Markup: 2.5% (transaction)
Applies on international and forex transactions; confirm exact markup in PNB schedule of charges.
Lounge Access Benefits with PNB Wave & Pay Credit Card Visa
domestic Lounges
silverVisits per year: 0
Guest access: No
No complimentary domestic lounge access for the base Wave & Pay card as published.
Insurance Coverage with PNB Wave & Pay Credit Card Visa
Purchase Protection
₹25,000Limited purchase protection commonly offered on base cards; check official T&C for claim procedures and exact limits.
Additional Features of PNB Wave & Pay Credit Card Visa
Contactless Payments
Visa PayWave enabled for fast tap-to-pay transactions up to RBI-specified contactless limits.
Add-on Cards
Add-on cards available subject to bank approval; fees and limits per bank policy.
Welcome Bonus with PNB Wave & Pay Credit Card Visa
Welcome Bonus: NA
Bonus Conditions: PNB has not published an introductory welcome bonus for the base Wave & Pay card as of last update; promotional offers may be time-limited and apply only to new customers.
Application Process for PNB Wave & Pay Credit Card Visa
Processing Time
5-10 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via PNB credit card portal or authorised aggregator
Upload KYC and income documents
Bank completes verification and may call for clarification
Card dispatched once approved (typical 5–10 business days)
Required Documents for PNB Wave & Pay Credit Card Visa
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
PNB Wave & Pay Credit Card Visa Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India at Visa-accepting merchants
International Acceptance
Accepted globally wherever Visa is accepted
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for PNB Wave & Pay Credit Card Visa
Quick Eligibility Check
Minimum Age
18+
Credit Score
650+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹20,000
Minimum annual income
Self-Employed Applicants
₹30,000
Minimum annual income
Who Can Apply
Important Conditions
- Valid PAN and Aadhaar required; card issuance subject to bank verification and internal credit policies.
How Approval Is Decided
- Minimum income as per bank slab (example: ₹20,000/month for salaried applicants)
- Indian resident with valid PAN and Aadhaar
- Acceptable credit score and bank internal checks
Pros of PNB Wave & Pay Credit Card Visa
- Fast, secure contactless payments (tap-to-pay)
- Low annual fee and straightforward rewards
- Wide Visa acceptance across India and internationally
Cons of PNB Wave & Pay Credit Card Visa
- No complimentary lounge access on the base card
- Limited premium travel and transfer benefits
- No published welcome bonus for the base variant
Frequently Asked Questions about PNB Wave & Pay Credit Card Visa
Is the PNB Wave & Pay Credit Card contactless?
Yes. The PNB Wave & Pay uses Visa PayWave contactless technology for tap-to-pay transactions at enabled PoS terminals.
Does this card have a welcome bonus?
No. There is no published welcome bonus for the base Wave & Pay card as of the last update; limited-time promotions may be announced by PNB.
How can I get the annual fee waived?
Annual fee waiver is subject to PNB policy and is commonly offered on achieving specified annual spend (for example, ₹1,00,000); confirm exact waiver rules on the bank’s T&C page.
Is lounge access included?
No. The base Wave & Pay variant does not list complimentary domestic or international lounge access; premium PNB cards may offer lounges.
What documents are required to apply?
PAN and Aadhaar are typically required; income proof (payslip, Form 16 or bank statements) may be requested for salaried/self-employed applicants.
Where can I apply for the card?
Apply online via the official PNB credit card portal or through authorised aggregator websites. Verification and dispatch timelines depend on documentation and checks.
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