All cards / Punjab National Bank
PNB Kiwi RuPay Credit Card
RuPay
PNB Kiwi RuPay Credit Card
Kiwi's first public-sector partner card: a credit-on-UPI RuPay card from Punjab National Bank, run through the Kiwi app. It pays 1.5% on UPI scan-and-pay and is free as a virtual card. PNB charges ₹500 joining and ₹750 a year if you want a physical card.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
0.5%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in online shopping. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
- Reward redemption: Cashback accrues as 'Kiwis' in the Kiwi app
- Domestic lounge access: Complimentary airport lounge access after ₹50,000 of spends, facilitated by Kiwi
Benefits by category
- ✈️ Travel
Complimentary lounge access on reaching ₹50,000 of spends, via Kiwi
- ⛽ Fuel
1% fuel surcharge waiver on ₹400–₹4,000, up to ₹350 per cycle
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum monthly income: ₹20,833
- Employment: salaried, self-employed
Fees & charges
- Foreign currency markup: 3.5%
- Interest rate: 2.95% p.a.
- Fuel surcharge waiver: 1% fuel surcharge refund on ₹400–₹4,000 transactions, up to ₹350 per statement cycle (PNB schedule of charges)
- Cash advance charges: 2% of amount withdrawn, minimum ₹150 at PNB ATMs / ₹200 at other ATMs / ₹300 overseas (Select tier); cash limit 20% of credit limit
Benefits
- 1.5% cashback (as Kiwis) on UPI scan-and-pay and 0.5% on online transactions; monthly cashback capped at 1% of the credit limit
- Optional Kiwi Neon membership (₹999 + GST a year) raises UPI cashback to 2% and adds 3–5% milestone rates at ₹50,000–₹1.5 lakh of spends
- Complimentary lounge access on reaching ₹50,000 of spends, via Kiwi
- 1% fuel surcharge waiver on ₹400–₹4,000, up to ₹350 per cycle
Pros
- + Free as a virtual card (no joining or annual fee)
- + 1.5% cashback on UPI scan-and-pay, higher than most UPI-linked RuPay cards
- + PNB's 2.95% monthly interest is lower than most fintech-partnered cards
Cons
- − Physical card costs ₹500 joining and ₹750 a year (waived on ₹1.5 lakh annual spend)
- − Monthly cashback capped at 1% of your credit limit, and online spends earn only 0.5%
- − Needs ₹2.5 lakh annual income; 3.5% forex markup
Best for