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Punjab National Bank
PNB RuPay Platinum Credit Card Against FD
RuPay
PNB RuPay Platinum Credit Card Against FD
PNB was the first Indian public-sector bank to launch a credit-card-against-FD facility, and the RuPay Platinum variant needs just ₹13,000 in a PNB fixed deposit to get started, issued instantly through the PNB ONE app with zero paperwork or income proof.
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. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
- Domestic lounge access: None
- International lounge access: None
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
Fees & charges
- Foreign currency markup: 3.5%
- Fuel surcharge waiver: 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000, capped at ₹350 per statement cycle
Benefits
- Credit limit of up to 80% of combined PNB fixed deposits (minimum ₹13,000, capped at ₹5 lakh of FD value)
Pros
- + Low minimum FD requirement of ₹13,000
- + Fully digital application via the PNB ONE app with no documentation
- + Up to 50 days of interest-free credit on retail purchases
Cons
- − Credit limit capped at 80% of FD value and an overall ₹5 lakh FD ceiling for this facility
- − RuPay-only network limits acceptance versus Visa/Mastercard for overseas use
- − Rewards are minimal next to PNB's unsecured Rakshak or Parakram cards