PNB Credit Card New Charges From 1 November 2026: Full List Explained
If you carry a Punjab National Bank credit card, your next statement may look different. From 1 November 2026, PNB revised several fees on its Visa and RuPay credit cards, and some services that used to be free now carry a charge. The changes touch everyday things: withdrawing cash, paying late, paying big utility bills, redeeming reward points and even a bounced auto-debit.
This guide lists every change reported so far in plain language, shows who is affected, and gives you a simple checklist to avoid paying a single extra rupee. All figures below come from PNB’s public notice and reporting by The Economic Times (30 October 2026) and Mint. Charges are exclusive of GST, which is added on top.
Quick answer
From 1 November 2026, PNB credit card cash withdrawals cost 2.5% or Rs 400 (whichever is higher) at PNB ATMs and 2.5% or Rs 500 at other bank or overseas ATMs. Late payment fees now range from nil to Rs 1,200 depending on the total amount due. Utility payments above Rs 50,000 in a billing cycle attract a 1% fee (capped at Rs 2,000 per transaction), each reward redemption costs Rs 99, and a failed cheque or auto-debit costs 2% of the payment amount, minimum Rs 400.
Why this news matters right now
November is the peak of the festive spending season in India. Many people use cards for Diwali shopping, travel bookings and big household bills in the same month. A fee change that lands in the middle of this season can quietly add hundreds of rupees to a statement if you do not know about it. Several bank fee revisions take effect around the start of a month, and this one is fresh, so it is worth checking your own card before the first new statement is generated.
Full list of PNB credit card charges from 1 November 2026
| Service | Old charge | New charge (from 1 Nov 2026) |
|---|---|---|
| Cash withdrawal at PNB ATM | 2% or Rs 100 to Rs 200 minimum (varies by card) | 2.5% or Rs 400, whichever is higher |
| Cash withdrawal at other bank or overseas ATM | 2% with a lower minimum | 2.5% or Rs 500, whichever is higher |
| Late payment fee | Nil to Rs 750 | Nil to Rs 1,200 (slab based) |
| Cheque return or auto-debit failure | Rs 200 to Rs 250 per instrument (most cards) | 2% of payment amount, minimum Rs 400 |
| Duplicate physical statement older than 3 months | Not charged this way | Rs 50 per month requested (e-statements free) |
| Reward points redemption | Nil | Rs 99 per redemption request |
| Utility bill payments | No fee | 1% of payment if total utility spends cross Rs 50,000 in a cycle, max Rs 2,000 per transaction |
Source: PNB public notice on revised credit card charges w.e.f. 01.11.2026 and The Economic Times report dated 30 October 2026. Exact minimums differ slightly by card variant, so always check the schedule for your own card.
New late payment fee slabs
Late payment fees are calculated on the outstanding total amount due. Here is the old and the new structure for Visa and RuPay variants.
| Total amount due | Old fee | New fee |
|---|---|---|
| Up to Rs 500 | Nil | Nil |
| Rs 501 to Rs 1,000 | Nil | Rs 500 |
| Rs 1,001 to Rs 5,000 | Rs 500 | Rs 750 |
| Rs 5,001 to Rs 10,000 | Rs 600 | Rs 750 |
| Rs 10,001 to Rs 50,000 | Rs 750 | Rs 1,000 |
| Above Rs 50,000 | Rs 750 | Rs 1,200 |
The biggest jump is for small balances. Earlier, a due of up to Rs 1,000 attracted no late fee. Now anything between Rs 501 and Rs 1,000 can cost Rs 500 plus GST if you miss the date. For cards issued against a fixed deposit, the fee remains 30% of the minimum amount due, subject to a minimum of Rs 200 and a maximum of Rs 500 per billing cycle.
What these changes mean in real life
Cash withdrawal is now even more expensive
Take Rs 5,000 out of a PNB ATM with your credit card. 2.5% of Rs 5,000 is Rs 125, but the minimum is Rs 400, so you pay Rs 400 plus GST. At another bank’s ATM the minimum becomes Rs 500. On top of this, interest on cash advances usually starts from the day of withdrawal, with no interest-free period. Unless it is an emergency, a credit card is the costliest way to get cash.
Paying big bills with a card now has a ceiling
If you pay electricity, gas, water or similar utility bills with your PNB card and the total crosses Rs 50,000 in one billing cycle, a 1% fee applies. For most households this limit will not be reached, but small business owners and people who pay bills for a joint family should watch it.
Rewards are no longer free to redeem
Each redemption request now costs Rs 99. The smart move is to let points build up and redeem them in fewer, bigger requests instead of many small ones.
A failed auto-debit can sting
If your auto-pay mandate fails because the linked savings account is short of money, you now pay 2% of the payment amount with a minimum of Rs 400. Combine that with a possible late fee and interest, and one bad month can cost well over Rs 1,000.
Checklist: avoid the new PNB charges
- Set an auto-debit for at least the minimum amount due, and keep a buffer in the linked account two days before the due date.
- Do not withdraw cash with your credit card unless there is no other option.
- Switch to e-statements and download each month’s PDF so you never need a duplicate.
- Redeem reward points in one large request instead of many small ones.
- If your utility bills cross Rs 50,000 a cycle, split payments between cards or pay some via UPI from your bank account.
- Add a phone reminder three days before the due date.
- Check your first November statement line by line and question any charge you do not recognise.
Is RBI behind these changes?
No. These are PNB’s own fee revisions. RBI sets the broad rules for card issuers, and it has already announced a separate change that takes effect later. Under the RBI amendment dated 27 April 2026, from 1 April 2027 a card account can be reported as past due or charged a late fee only if it stays unpaid for more than three days after the due date, and late charges can be levied only on the outstanding amount after the due date, not on the total amount due. Until then, PNB’s schedule above is what applies. We explain that rule in a separate article.
How to check the charges on your own card
- Open the PNB credit card page on the official PNB website and look for the most important terms and conditions or the schedule of charges.
- Log in to the PNB credit card app or net banking and check the fee section.
- Call the customer care number printed on the back of your card and ask for the current schedule for your exact variant.
For more help, read our guides on the minimum amount due trap and how credit card interest is calculated.
FAQ
When did the new PNB credit card charges start?
The revised charges apply from 1 November 2026, as per PNB’s public notice.
What is the PNB credit card cash withdrawal charge now?
At PNB ATMs it is 2.5% of the amount or Rs 400, whichever is higher. At other bank or overseas ATMs it is 2.5% or Rs 500, whichever is higher. GST is extra.
What is the late payment fee on a PNB credit card?
It ranges from nil for dues up to Rs 500 to Rs 1,200 for dues above Rs 50,000. Dues from Rs 501 to Rs 1,000 now attract Rs 500.
Is there a fee for paying utility bills with a PNB credit card?
Yes, if your total utility payments cross Rs 50,000 in a billing cycle, a 1% fee applies, capped at Rs 2,000 per transaction.
Do I have to pay to redeem PNB reward points?
Yes, from 1 November 2026 each redemption request costs Rs 99 on eligible Visa and RuPay cards.
Disclaimer: This article is for general information only and is based on PNB’s public notice and news reports available on 4 November 2026. Fees can change and may differ by card variant. Always confirm the latest schedule of charges with PNB before making decisions. This is not financial advice.
