Punjab National Bank
Classic · Wave N Pay
PNB Wave N Pay Credit Card
Punjab National Bank
Contactless payments with 1 RP per ₹100
Annual Fee
₹250
Joining Fee
₹250
Reward Rate
0.3%
Forex Markup
3.5%
Value Analysis
Annual Net Value
₹1,705
Total Annual Benefits
₹2,000
Total Annual Charges
₹295
ROI
678%
Fee Waiver Available
Annual fee waived on spending ₹25,000 in the preceding year — ₹25,000 annual spend
Card Analytics
Visual breakdown of value, benefits, and limits
Value Breakdown
Benefits Distribution
Transaction Limits
Card Scorecard
Charges Breakdown
Benefits & Perks
Reward Points (1)
1 RP per ₹100 on All Spends
Earn 1 reward point per ₹100 on all retail purchases
- • Excludes cash advances and quasi-cash
1 RP per ₹100
Other Benefits (1)
Contactless Payments
Tap-and-pay contactless transactions up to ₹2,000 without PIN
- • Contactless POS terminals only
- • Up to ₹2,000 per transaction without PIN
Up to ₹2,000/tap
Fuel Benefits (1)
Fuel Surcharge Waiver
1% fuel surcharge waiver on fuel transactions
- • Valid on transactions ₹400–₹4,000
- • Max ₹200 per statement cycle
1% waiver
₹2,400/yr
Reward Program
Program
PNB Reward Points
1 reward point per ₹100
Effective cashback: 0.25%
Points expire: 3 years from date of accrual
Redemption Options
- → Gift cards and vouchers
- → Merchandise from rewards catalogue
- → Statement credit
Fees & Charges
| Charge | Amount |
|---|---|
| Joining Fee | ₹250 Excluding GST |
| Annual Fee | ₹250 Excluding GST |
| Add-on Card Fee | Free Free |
Transaction Charges
- Forex Markup
- 3.5%
- Interest Rate (Monthly)
- 3.4%
- Late Payment Fee
- ₹750
- Cash Advance Fee
- 2.5%
ATM Charges
- Own Bank Withdrawal
- ₹20
- Other Bank Withdrawal
- ₹20
- Intl. Withdrawal Fee
- 3.5% + ₹125
Fuel Surcharge Waiver
1% waiver on transactions between ₹400 – ₹4,000. Max waiver: ₹200/cycle.
Eligibility
Requirements
- Min. Monthly Income
- ₹10,000
- Min. Annual Income
- ₹1,50,000
- Min. Credit Score
- 650
- Age Range
- 18 – 65 years
- Employment
- Salaried, Self-Employed
Notes
- • Existing PNB account holders preferred
- • Salaried: Gross Monthly Income > ₹10,000
- • Self-Employed: ITR > ₹1.5 Lakh p.a.
- • Subject to credit assessment
Existing account required
Airport Lounge Access
Domestic
0 visits/year
Not included
International
0 visits/year
Not included
- • Lounge access not included with this card
Transaction Limits
ATM Withdrawal / Day
₹15,000
POS & E-Commerce / Day
₹75,000
Contactless / Txn
₹2,000
Features
Contactless tap-and-pay EMV chip security Domestic usage Add-on cards available EMI conversion facility Low annual fee Government bank — wide branch network PNB mobile app and internet banking
EMI Options
Min. Transaction
₹2,500
Interest / Month
1.5%
Tenure Options
3, 6, 9, 12 months
Processing Fee
1%
Ready to Apply?
The PNB Wave N Pay Credit Card is an entry-level contactless credit card offering 1 reward point per ₹100 on all spends. With tap-and-pay convenience ...
More from Punjab National Bank
Punjab National Bank
Visa
Punjab National Bank Business Credit Card
Punjab National Bank
₹5,000/yr₹50,000/yr value
Reward PointsFuel Surcharge Waive...
Punjab National Bank
Visa
Punjab National Bank Corporate Credit Card
Punjab National Bank
₹5,000/yr₹50,000/yr value
Reward PointsFuel Surcharge Waive...
Punjab National Bank
Visa
PNB Elite Credit Card
Punjab National Bank
₹2,499/yr₹15,000/yr value
4 RP per ₹100 on All...Domestic Lounge Acce...Fuel Surcharge Waive...
Punjab National Bank
Visa
Punjab National Bank Global Gold Credit Card
Punjab National Bank
₹499/yr₹4,990/yr value
Reward PointsFuel Surcharge Waive...