PNB Zaggle Co-Branded Twin Credit Card
A Zaggle co-branded twin card (RuPay Select and Visa Platinum on one limit) with a ₹499 joining and annual fee (annual fee waived on ₹1.5 lakh of spend): 10 points per ₹300 at ₹0.25 a point (about 0.83%), lounge visits and quarterly vouchers. Every figure below is copied from Punjab National Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-21.
Not on record from an official document: the list of spends that earn no reward. CardWise does not estimate these.
Fees and charges
| Joining fee | ₹499 plus GST Product page |
|---|---|
| Annual fee | ₹499 plus GST Product page |
| Annual fee waiver | On ₹1,50,000 of spend in the year Product page |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST Fee schedule |
| One joining and annual fee covers both the RuPay and the Visa card. | |
| Reward redemption fee | ₹99 plus GST MITC |
Rewards
Reward points, ₹0.25 each when redeemed as stated Product page.
| Spend | Earns | Cap |
|---|---|---|
| All eligible spends, in multiples of ₹300 | 10 points per ₹300 Product page | no cap on record |
Points are redeemed from 1,000 upwards on PNB Rewardz (catalogue, vouchers or cashback) and expire after 3 years; a ₹99 + GST fee applies to each redemption from 1 Nov 2026.
Benefits
- Lounges: Complimentary lounge access on the RuPay card: 8 domestic visits a year (2 a quarter) and 2 international visits a year Product page
- Fuel: 1% fuel surcharge waived on fills above ₹400 and below ₹4,000, up to ₹350 a billing cycle MITC
Also on this card
Quoted from Punjab National Bank; not counted in the net value.
- Flipkart and Myntra vouchers worth ₹250 each, once a quarter Product page
- MakeMyTrip voucher worth ₹1,500 Product page
- Buy one get one on BookMyShow worth ₹250, once a quarter Product page
- 3 months of Swiggy One and an annual Prime or JioHotstar membership Product page
- Ola or Uber voucher worth ₹100 Product page
- Personal accident cover of up to ₹10 lakh Product page
- Visa card: 2 railway lounge visits a quarter and ixigo discounts up to ₹1,200 Product page
Eligibility
- Age 21 or above Terms
- Age 70 or below Terms
- Salaried: annual income of ₹2.5 lakh or more Product page
- Self-employed: annual income of ₹2.5 lakh or more Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by Punjab National Bank in the documents read
- the spends that earn no reward points
- reward rates for specific categories
- the GST rate (fees are plus GST)
- how to apply for this co-branded card specifically (the page offers only PNB's general online application)
Where Punjab National Bank’s documents differ, and what is used
- Point value: the card page, the MITC and PNB's notice of 1 Sep 2024 give ₹0.25 a point; the older Rewards Program page still says ₹0.50 (50 paise). The ₹0.25 rate is used.
The quotes behind the figures
34 figures, each copied from an official Punjab National Bank document.
Show every quote and source
“Joining Fees : Rs.499/-”
“Annual Fee : Rs 499/-*”
“* Annual fee will be waived on spend of ₹1,50,000 in the previous year.”
“Nil markup for PNB metal card "Luxura"(RuPay/VISA) & 3.50% markup for all other card, over and above the currency”
“10 rewards points (Value at Rs. 2.50) with a minimum spent of Rs. 300 and multiple.”
“Individuals who satisfy the eligibility criteria as laid down can apply for PNB Credit Card.”
“This Co-branded credit card will be offered as a twin card (VISA and RuPay) proposition under a single sanction limit”
“Both RuPay and VISA variants are provided to the customer on a singly joining/annual fee of Rs.499/-.”
“Prime/JioHotStar.”
“Zero for Luxura (Visa & RuPay) & 3.50% of the transaction value for all cards over and above the currency conversion rate.”
“Between Rs. 400/- to Rs. 4,000/- with maximum up to Rs 350/- per Statement Cycle.”
“NIL For VISA/RuPay Credit Card Variants 99 per redemption request.”
“Presently the Value of 1reward point is 25 paise”
“Effective 1st September 2024, value of 1 (One) PNB Credit Card Reward Point will be Rs. 0.25.”
“1 (One) Reward Point is worth INR 0.50 (50 paise).”
“Reward points can be redeemed provided a minimum of 1000 points are redeemed by request in writing”
“The reward points on Credit Cards will be expired if not redeemed within 3 years from the date”
“GST, as notified by the Government of India, is applicable on all fees, interest and other charges”
“PNB RuPay Credit Cards can now be linked on UPI.”
“A charge of 99/- plus applicable GST will be levied for each redemption/claim of reward points.”
“8 domestic lounge access (2 per quarter) & 2 international lounge access per year.”
“1% on single fuel transaction of amount greater than Rs.400 & less than Rs.4000/-.”
“Maximum surcharge waiver up to Rs. 350/- within a billing cycle exclusive of service tax and other charges.”
“Voucher worth 250.”
“Rs. 1500 Voucher.”
“Buy One Get One worth INR 250.”
“3 Month Swiggy One Membership.”
“Voucher worth INR 100.”
“Personal Accident insurance cover upto 10 Lac.”
“Up to 15% discount on Flights and hotels, upto Rs. 1200.00.”
“i) Age Criteria: The applicant should be between the age of 21 years and up to 70 years.”
“Income Criteria : Rs.2,50,000/- per annum”
“APPLY CREDIT CARD ONLINE”
“RuPay Select & VISA Platinum.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with Punjab National Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is Punjab National Bank’s own file from its website, unaltered, fetched 2026-10-21. Methodology