All cards / Punjab National Bank
PNB Rakshak RuPay Platinum Credit Card
A defence-focused RuPay card for PNB Rakshak Plus scheme members (armed forces, paramilitary, police) — zero fee as long as the card is used at least once a quarter.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.5%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to salaried applicants who clear the standard eligibility bar. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
Benefits by category
- 🛡️ Insurance
Comprehensive insurance benefits for defence, paramilitary and police personnel
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: salaried
- Age: 18–70
Fees & charges
- Foreign currency markup: 3.5%
- Interest rate: 35.89% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹3,000, capped at ₹250 per billing cycle
Benefits
- 300+ reward points on first retail/online transaction within 90 days
- Comprehensive insurance benefits for defence, paramilitary and police personnel
- Access to 300+ RuPay merchant offers
Pros
- + Zero joining/annual fee (with quarterly usage)
- + Exclusive to defence/paramilitary/police personnel via PNB Rakshak accounts
- + 300+ RuPay merchant offers
Cons
- − Only available to PNB Rakshak Plus account holders — branch visit required, no online application
- − Annual fee waiver requires at least one transaction every quarter