The PNB Global Gold Credit Card is one of the popular cards offered by PNB Bank. This card can be used in any part of the world and provides a lot of rewards to its holders on their daily purchases. Apart from providing rewards and 24/7 customer care services, the card has a lot of other attractive features and benefits for its holders ensuring that they get to enjoy the maximum perks.
Features of the PNB Global Gold Card:
Validity – The PNB Global Gold Credit Card is valid for use in any part of the world and is accepted at all ATMs in India and around the world. This card can also be used to make payments at any merchant outlets globally.
Purpose – The PNB Global Gold Credit Card can be used for all purposes be it shopping, travelling, dining, etc.
Rewards – With a PNB Global Gold Credit Card, you get 1 reward point for every Rs.100 that you spend. The reward points can be redeemed to avail attractive offers from the bank’s rewards programme.
24/7 Customer Support Service – The bank provides its customers with a 24/7 customer support service which is ready to assist them with regards to any information related to their PNB Global Gold Credit Card.
Balance Transfer Facility – PNB Global Gold Credit cardholders can make use of the balance transfer facility provided to them by the bank. This facility allows them to transfer the outstanding balance of their credit cards of other banks to their PNB Global Gold Credit Card at low rates of interest.
EMI Facility – PNB Global Gold Credit cardholders get to use the EMI facility offered to them by the bank when they spend Rs.2500 and above on a single transaction. In case a customer wants to use this facility, they have to request for it within 10 days of the purchase and they can repay the sum in monthly instalments within 6 months.
Benefits of the PNB Global Gold Credit Card:
Add on Cards – When you apply for a PNB Global Gold Credit Card, you can avail up to 2 add- on cards for your parents, children who are more than 18 years old and your spouse. Through the use of these Add on cards they will also be able to enjoy the benefits offered by a PNB Global Gold Credit Card.
Utility Bill Payment Facility – Cardholders can make use of this facility in order to pay their utility bills such as phone bills, electricity bills, etc. using their PNB Global Gold Credit Card.
VISA Bill Pay – Cardholders can easily pay off their bills by using the VISA Bill pay service.
Hotel Benefits – PNB Global Gold Credit cardholders avail a discount of 10 to 25 percent on hotel rooms, Food and Beverages at Sarovar Hotels.
Ayurvedic Benefits – PNB Global Gold Credit cardholders can avail a discount of 10 percent on the MRP at Kairali Ayurvedic Group outlets.
Educational Qualification – To qualify for a PNB Global Gold Credit Card, an individual should have passed 10th standard at least
Age Requirements – An individual must be 21 years to 65 years old to qualify for a primary card. The age requirement for an Add on card is 18 years to 65 years of age
Income Criteria –
Salaried employees need to earn a minimum of Rs.250000 per annum in order to be eligible for this card
Businessmen or self- employed individuals or professionals need to earn a minimum of Rs.200000 per annum in order to be eligible for this card
The applicant must be an Indian resident or he/she must be employed within the city limits of the area where the bank’s branch is located
The applicant must be in banking relations with PNB Bank for a minimum of six months, having a good record in order to qualify for a PNB Global Gold Credit Card
Proof of Residence – The applicant has to provide proof of his address by providing any of the following documents –
Bank Account Statement
Letter from Employer
Letter from a recognized public authority approved by the bank
These documents should not be more than 3 months old.
Identity Proof – The applicant has to also provide documents which prove his identity. He or she can provide any among the following documents –
Voter’s Identity Card
A letter from a recognized public servant or public authority approved by the bank. This letter should verify the applicant’s identity and residence
Income Proof – The applicant has to provide a copy of Income Tax Return or Form 16 or Salary Certificate as proof of income
PAN Card – The applicant has to provide a self- attested copy of his or her PAN Card or Form 60/61 along with photo.
Fees and Charges:
Fees for Renewal
Annual Fees for Add on Card
Fees for Add-on Card
Charges for Cash Advance Transaction in ATMs of PNB Bank
Rs.50 or 2 percent of the withdrawn amount, whichever has the higher value
Interest Rate Per Month or Finance Charges on cash withdrawn, revolving credit or overdue amount
2.45 percent every month
Charges for Cash Advance Transaction Overseas
Rs.150 or 2 percent of the withdrawn amount, whichever has the higher value
APR (Annualized Percentage Rate) on Revolving Credit
29. 81 percent per annum
Charges for Cash Advance Transaction in ATMs of other banks
Rs.75 or 2 percent of the withdrawn amount, whichever has the higher value
Rs.250 or 2.5 percent, whichever has the higher value
Fees for Late Payment
30 percent of the minimum pending amount (minimum Rs.200 and maximum Rs.500 every billing cycle)
Charges for Duplicate Statement of more than 3 months
Charges for Cheque Dishonour
Rs.100 each incident
Processing Fee for Balance Transfer
Rs.199 or 1 percent of the transfer amount, whichever is higher
Fees for Card Replacement
Rs.100 per card
PNB Global Gold Credit Card FAQs:
Is there any credit free period on this card?
Yes, there is a credit free period of at least 20 days which goes up to a maximum of 50 days and is applicable only if you have cleared the full bill of the previous month.
What does lost card liability mean?
In case a person, who owns a PNB Global Gold Credit Card loses his or her credit card, then he or she can report about the same to the bank within 24 hours on their customer care helpline. This reporting will free that person from the financial burden that can arise from fraudulent transactions made on the lost card.
What is the limit on cash advance?
The cash advance limit is 40 percent of the credit limit.
Is there a fee for replacing the PIN?
Yes, the bank charges Rs.50 per card for replacing the PIN.
What payment options do PNB Global Gold Credit Cardholders have?
PNB Global Gold Credit Cardholders have multiple payment options. They can pay their credit card bills using any of the following services –
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I use the PNB global gold credit card for more than 5months. The customer support service and the response is good with the PNB and they give immediate response to the customers. The credit limit value is high with this PNB global gold credit card and i am satisfied with it.
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JAYASIMHA SIMHA KONDOJU
Reviewed on Mar 29, 2018