PNB Credit Card Fee Hike: 6 Charges Hitting You Nov 1

Punjab National Bank is revising its Visa and RuPay credit card fees from November 1, 2026. Cash withdrawals, late payments, duplicate statements, reward point redemptions, and utility bill payments above ₹50,000 will all cost more. Here is what changes and what you should do before the deadline.

Here's what happened: Punjab National Bank is revising credit card charges for Visa and RuPay cards effective November 1, 2026, covering ATM withdrawals, late payment fees, and more.. A new ₹99 fee will apply every time cardholders redeem reward points, and utility bill payments above ₹50,000 will attract a 1% surcharge per transaction.. Duplicate statement requests beyond the three-month free window will now carry a charge, making it important to download and store statements digitally in advance..

What you should do: Download and save all your PNB credit card statements for the past three months before November 1 to avoid paying for duplicate statement requests.. Check your pending reward points balance now and redeem them before October 31 to avoid paying ₹99 per redemption going forward.. If you regularly pay utility bills above ₹50,000 via your PNB credit card, switch that payment to UPI, net banking, or a card that does not charge a surcharge..

If your PNB reward points are worth less than ₹99 per redemption cycle, you are losing money by redeeming — batch your points into a single large redemption to make the flat fee worthwhile.