PNB Wave & Pay Credit Card
Punjab National Bank
A purely contactless-payment card with no published reward structure of its own.
Free
Joining fee
Free
Annual fee
3.5%
Forex markup
3.0 / 5
Rating
Eligibility
Estimated minimum income: ₹20,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 620+
Estimated — not officially confirmed by the bank.
Age: 21–65
Salaried or self-employed; minimum income Rs 2,50,000/year; credit limit range Rs 50,000-10,00,000 (Paisabazaar-sourced).
Key features
- Contactless via embedded chip
- No-PIN transactions up to ₹5,000
- ₹6,000 daily no-PIN limit
Reward details
2 reward points per Rs 150 spent (both sources agree)
Redemption
Via the PNB Rewardz portal for gifts, vouchers, and merchandise (Piceapp).
- 24/7 concierge services (airline/hotel bookings, passport/visa assistance); contactless wave/tap technology, no PIN/signature required for transactions up to Rs 2,000, daily contactless limit Rs 6,000; flexible EMI options (Piceapp).
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Emphasizes convenience for everyday spending and the contactless transaction feature, plus concierge services and EMI flexibility — Piceapp
Complaints
- 2/5 star rating — described as an entry-level card with limited appeal for advanced users seeking premium benefits, positioned for newcomers wanting basic rewards without high annual costs; no fuel surcharge waiver mentioned — Paisabazaar
Sources
- Official (blocked when last checked) — unreachable (ROBOTS_DISALLOWED / DNS connect timeout)
- Aggregator — eligibility, lounge, sentiment
- Aggregator — forex, rewards, other benefits