Punjab National Bank · Visa · Contactless
PNB Wave & Pay Credit Card
Best for contactless tap-to-pay.
Terms as of 2026-09-27 · Checked 28 September 2026Annual fee
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Joining —PNB Wave & Pay Credit Card at a glance
Joining fee—
Annual fee—
Base reward valueSee rewards
Forex markup3.50%
NetworkVisa
IssuerPunjab National Bank
CategoryContactless
Fee waiver—
Who it suits: Contactless tap-to-pay
Rewards & cashback
Travel, lounge & fuel benefits
| Benefit | Details |
|---|---|
| Forex markup | 3.50% + 18% GST on the markup |
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | — + GST |
| Annual / renewal fee | — + GST |
| Fee waiver | — |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Age | 21-70 (Luxura page) |
| Credit score | 750+ improves approval chances |
Similar cards
| Card | Issuer | Joining / annual fee | Reward rate | Best for |
|---|---|---|---|---|
| IndusInd Bank Legend | IndusInd Bank | Free / Free | 0.50% base value | Weekend spenders wanting a lifetime-free card with low forex |
| RBL Bank Play Credit Card (BookMyShow) | RBL Bank | ₹500 / ₹500 | See card page | Movie-goers |
Frequently asked questions
What is the annual fee of the PNB Wave & Pay Credit Card?
Joining fee — and annual fee — (plus 18% GST).
What is the forex markup?
3.50% on international transactions, plus 18% GST on the markup. On ₹1 lakh spent abroad that is about ₹4,130.
Is the PNB Wave & Pay Credit Card good for me?
Best for: Contactless tap-to-pay. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: pnbcard.in, 2026-09-27. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on Punjab National Bank’s website before applying. FinancePortal is not affiliated with the issuer.