Select your profession
Salaried
Business
CA
Doctor
NRI
School
College
Student
Enter Pincode
Personal Details
Features of the PNB Mastercard World Credit Card
- Overview of the Card’s Premium Positioning: The PNB Mastercard World Credit Card is a premium offering from Punjab National Bank, designed for affluent customers seeking a blend of luxury, convenience, and global usability. This card caters to individuals with sophisticated financial needs, offering a range of exclusive features that enhance lifestyle, travel, and everyday transactions. As a Mastercard-branded product, it aligns with the global standards of the Mastercard World tier, providing superior benefits compared to standard credit cards.
- Global Acceptance: One of the standout features of the PNB Mastercard World Credit Card is its worldwide acceptance. The card is accepted at over 29 million merchant establishments and 1 million ATMs globally, making it an ideal choice for frequent travelers and those who shop internationally. Whether you’re dining in Paris, shopping in New York, or booking a hotel in Dubai, this card ensures seamless transactions across borders. In India, it is accepted at over 3.8 lakh merchant outlets and 30,000 ATMs, ensuring convenience for domestic use as well.
- Reward Points Program: The card is equipped with advanced contactless payment technology, similar to PNB’s Wave & Pay Credit Card, which uses Mastercard’s secure contactless system. This allows cardholders to make quick, secure payments for transactions up to ₹5,000 by simply tapping the card at compatible point-of-sale (POS) terminals. This feature is particularly useful for small, everyday purchases like coffee, groceries, or public transport fares, enhancing speed and convenience.
-
- Contactless Payment Technology: The PNB Mastercard World Credit Card offers a robust rewards program, designed to reward cardholders for their spending. For every ₹100 spent on retail transactions, cardholders earn 1 reward point, with accelerated earning rates for specific categories. For instance, retail purchases may yield 2 reward points for every ₹150 spent, aligning with PNB’s premium card offerings like the Global Platinum Credit Card. These points can be redeemed for a variety of rewards, including merchandise, gift vouchers, travel bookings, or cashback, through PNB’s rewards portal.
- Interest-Free Credit Period: Cardholders enjoy an interest-free credit period of up to 50 days on purchases, provided the outstanding balance is paid in full by the due date. This feature allows users to manage cash flow effectively, making large purchases without immediate financial strain. The interest-free period is a standard feature across PNB credit cards and is particularly valuable for those who plan their payments strategically.
- Add-On Cards for Family Members: The card allows primary cardholders to request up to two add-on cards for family members above 18 years, such as spouses, parents, or children. These add-on cards share the primary card’s credit limit and benefits, enabling family members to enjoy the same privileges, such as reward points and global acceptance. This feature is ideal for households looking to streamline their financial management while extending premium benefits to loved ones.
- Enhanced Security Features: Security is a priority with the PNB Mastercard World Credit Card. The card features an embedded EMV chip, which provides robust protection against skimming and fraudulent transactions. Additionally, Mastercard’s SecureCode technology ensures safe online transactions by requiring a one-time password (OTP) for verification. The card also offers zero liability on lost or stolen cards, provided the loss is reported promptly to PNB’s 24/7 customer care.
- Travel and Lifestyle Privileges: As a Mastercard World Card, this product includes exclusive travel benefits, such as access to airport lounges worldwide through the Mastercard Travel Pass program. Cardholders may enjoy up to six complimentary lounge visits annually, subject to terms, enhancing the travel experience at over 1,300 lounges in 500+ airports. The card also provides travel insurance coverage, including trip cancellation, lost baggage, and personal accident insurance, ensuring peace of mind during international and domestic travel.
- Cash Withdrawal Facility: The card allows cash withdrawals up to 20% of the credit limit, with a single transaction cap at 50% of the available cash limit. This feature provides emergency access to funds, though it incurs a cash advance fee and interest from the transaction date. This is particularly useful for cardholders who may need liquidity while traveling or in unforeseen circumstances.
- Utility Bill Payment Facility: The card supports seamless utility bill payments, such as electricity, water, mobile, and internet bills, through platforms like Visa Bill Pay or PNB’s online banking portal. This feature simplifies financial management, allowing cardholders to consolidate their payments and earn reward points on these transactions.
- EMI Conversion Options: For large purchases, the PNB Mastercard World Credit Card offers an EMI conversion facility for transactions above ₹2,500. Cardholders can convert eligible purchases into equated monthly installments (EMIs) over 3, 6, 12, or 24 months, subject to an interest rate of approximately 1.5% per month (18% per annum). This feature is ideal for managing high-value expenses, such as electronics or travel bookings, without straining finances.
- Concierge Services: The card offers 24/7 concierge services to assist with travel bookings, hotel reservations, gift suggestions, and event planning. This feature adds a layer of convenience for cardholders who lead busy lives and need assistance with lifestyle-related tasks. The concierge service is accessible via a dedicated helpline, ensuring prompt support whenever needed.
- Merchant Discounts and Offers: Cardholders can avail discounts and cashback offers at over 300 merchant partners, including dining, shopping, and entertainment outlets. For example, the card offers discounts on movie ticket bookings via platforms like BookMyShow, making it appealing for leisure-focused customers. These offers are periodically updated, ensuring cardholders have access to fresh deals.
- Zero Liability for Lost Cards: In case of card loss or theft, cardholders are protected with zero liability for unauthorized transactions, provided the loss is reported immediately to PNB’s 24-hour helpline. This feature ensures peace of mind, safeguarding cardholders from financial losses due to fraud.
- Cash Advance Facility: The card allows cash withdrawals up to 20% of the credit limit, with a single transaction cap at 50% of the available cash limit. However, cash advances incur fees (2% of the withdrawn amount or ₹100–₹250, depending on the ATM) and a finance charge of 2.95% per month, making this a feature best used in emergencies.
- Balance Transfer and EMI Options: The card offers a balance transfer facility, allowing cardholders to transfer outstanding balances from other credit cards to the PNB RuPay Platinum Credit Card at a lower interest rate. Additionally, large purchases can be converted into Equated Monthly Installments (EMIs), making it easier to manage high-value transactions. These features provide flexibility for cardholders with significant credit needs.
- Security Features: The card is equipped with advanced security features, including an EMV chip for enhanced protection against skimming and cloning. Additionally, two-factor authentication for online transactions and real-time fraud monitoring ensure the cardholder’s financial information remains secure.
- Customizable Credit Limits: The credit limit for the PNB RuPay Platinum Credit Card ranges from ₹25,000 to ₹5,00,000, assigned based on the applicant’s creditworthiness, income, and repayment history. Cardholders can request a limit increase by submitting an application to PNB, subject to the bank’s approval.
- Eco-Friendly Design: The card is designed with sustainability in mind, using eco-friendly materials where possible. This aligns with modern consumer preferences for environmentally conscious products and reflects PNB’s commitment to responsible banking.
- Integration with Digital Wallets: The card can be linked to digital wallets like Paytm, PhonePe, or Google Pay, enabling cardholders to make seamless online and offline payments. This feature caters to tech-savvy users who prefer digital payment methods.
- Exclusive RuPay Offers: As a RuPay card, it provides access to exclusive offers on the RuPay network, such as discounts on travel bookings, dining, and online shopping. These offers are periodically updated on the RuPay website, ensuring cardholders can maximize their savings.
- Exclusive Merchant Offers: The card provides access to exclusive offers at select merchant outlets, including dining, shopping, and travel partners. Mastercard’s global partnerships ensure discounts and cashback on premium brands, hotels, and restaurants, enhancing the card’s value for lifestyle-focused users.
- 24/7 Customer Support: PNB offers round-the-clock customer support through its toll-free helpline and email. Cardholders can report issues, request card replacement, or inquire about transactions at any time, ensuring prompt assistance.
- Annual Fee Structure: The card typically carries an annual fee, which may be waived if the cardholder meets specific spending thresholds, such as exceeding the credit limit in the previous year or making at least one retail purchase per quarter. The exact fee structure varies, but it aligns with PNB’s premium card offerings, such as the Global Platinum Credit Card (₹1,000 annually, waived under certain conditions).
- Flexible Credit Limits: The credit limit for the PNB Mastercard World Credit Card ranges from ₹50,000 to ₹15,00,000, depending on the applicant’s income, credit score, and banking relationship with PNB. The bank assesses factors like credit utilization and repayment history to determine the limit, ensuring it aligns with the cardholder’s financial profile.
- Emergency Services: The card includes access to emergency services through Mastercard’s World Assist program, offering support for medical emergencies, travel arrangements, and roadside assistance. This feature is particularly valuable for frequent travelers facing unexpected situations abroad.
- Customizable Transaction Alerts: Cardholders can set up SMS and email alerts for transactions, helping them monitor spending and detect unauthorized activity promptly. This feature enhances financial control and security, ensuring users stay informed about their card usage.
- Digital Integration: The card integrates seamlessly with PNB’s net banking and mobile banking platforms, allowing users to manage their account, check statements, and redeem reward points online. This digital integration caters to tech-savvy users who prefer managing finances through digital channels.
- Eco-Friendly Initiatives: PNB emphasizes sustainability, and the Mastercard World Credit Card may include eco-friendly features, such as paperless statements and incentives for green purchases, aligning with global trends toward environmentally conscious banking.
-
- Interest-Free Credit for Financial Flexibility: The interest-free credit period of up to 50 days allows cardholders to make purchases without immediate financial burden, provided they clear the balance by the due date.
- Add-On Cards for Family: Spouses, parents, or children over 18 can use the card for shopping, dining, or travel, earning reward points and enjoying the same global acceptance.
- Cashback and Merchant Discounts: Mastercard’s partnerships with premium brands ensure exclusive offers, such as 10–20% discounts at luxury restaurants or hotels.
- Secure Transactions: The zero-liability policy for lost or stolen cards ensures cardholders are not held responsible for fraudulent transactions.
- EMI Conversion for Large Purchases: With an interest rate of approximately 1.5% per month, it provides financial flexibility without requiring immediate full payment.
- Utility Bill Payment Convenience: Paying utility bills through the card streamlines financial management and earns reward points on routine expenses such as electricity, water, mobile, and internet bills.
- Emergency Cash Access: The cash withdrawal facility (up to 20% of the credit limit) provides emergency liquidity during travel or unexpected expenses. While this incurs a fee, it ensures access to funds when needed.
- Priority Customer Support: PNB’s 24/7 customer care ensures prompt assistance for queries, disputes, or emergencies. Mastercard’s global support network adds further convenience for international users.
- Annual Fee Waiver: The annual fee, typically around ₹1,000, can be waived if spending thresholds are met, such as exceeding the credit limit annually or maintaining regular retail purchases.
- Global Emergency Services: Through Mastercard’s World Assist program, cardholders have access to emergency services like medical support, travel assistance, and roadside help during international travel.
- Flexible Credit Limit: The card’s credit limit ranges from ₹50,000 to ₹15,00,000, tailored to your financial profile. Regular repayment and responsible usage may lead to enhanced limits over time.
- Digital Banking Integration: The card integrates with PNB’s net banking and mobile app, allowing users to track spending, pay bills, and redeem rewards conveniently.
- Exclusive Travel Discounts: Enjoy additional travel benefits such as 5% discounts on select international flights with partners like Philippine Airlines, in addition to lounge access and reward points.
- Fraud Protection: Mastercard’s advanced fraud detection systems monitor for suspicious activity, helping to protect cardholders from unauthorized use.
- Eco-Conscious Benefits: Paperless statements, digital tools, and possible cashback on sustainable purchases make the card appealing for eco-conscious users.
- Lifestyle Enhancements: Tie-ups with premium merchants provide access to exclusive events, priority reservations, and offers on fine dining, spas, and more.
