PNB Bank launch RuPay Millennial Credit Card (Offers & details)

https://www.pnbcard.in/login/types1...ml
PNB Bank launch RuPay Millennial Credit Card (Offers & details):

The features of Products : PNB RuPay Millennial Credit Card -

Parameters : Millennial Credit Card
Target Segment : Customers of Mid Segment majorly the Young Generation
Positioned As : Youth Credit Card with Lucrative Features to Tap Young Generations

Eligibility -

Educational Qualification : Literate (Read & Write) Applicants
Age : Minimum Age :
Primary Applicant : 21 Years
Add on Card Holder : 18

Maximum Age : 65 Years

Min age 18 and NO Max age for Card Holders issued Card against FDR
Income Criteria : Min. Gross Annual Income Rs. 5 Lacs

Card Limits -

Regular : Min Rs. 50,000/- and Max Rs. 10,00,000/-
Against FDR : Max. 80% of FDR.
FDR to be minimum Rs. 65,000/-

Card Fees -

Joining : Rs. 399/-
Add on Card : Rs. 399/-
Annual Fee : Rs. 999/- p.a. (Subject to waiver if the Annual spends on the Cards is Rs. 1 Lacs during Previous Financial Year)

No Annual Charges for Add on Cards

Prominent Features :
1. Comprehensive Insurance Coverage upto Rs. 10 Lacs
2. Domestic and International Lounge Access Program
3. Premium Health Check Up Package
4. Complimentary Golf and Spa Sessions
5. Complimentary Gym Membership
6. 300+ Reward Points on Activation
7. PNB RuPay Credit card offers – https://www.pnbcard.in/login/Documents/PNB%20Of...
8. RuPay Credit card offers – https://www.rupay.co.in/rupay-...rs
9. PNB Exclusive Offers – https://www.pnbcard.in/login/exclusive_offer...ml

Rewards Program -

PNB Rewardz, a loyalty program by Punjab National Bank, is our way of adding value to the experience of our customers by offering Reward Points for everyday Credit Card transactions.

How do I earn Reward Points?
PNB Rewardz aims to reward you in multiple ways for a variety of transactions.

RUPAY MILLENNIAL Reward Points -

Earning structure -

2 (Two) points for every RS.150/- spent.
As a promotional strategy, 300 Reward Points awarded on first swipe for retail transactions or for online transactions within 90 days of receiving the Credit Card.
2X bonus Reward Points awarded on retail merchandise/online transactions made within 90 days of receiving the card except for cash withdrawal and fuel expenses.
50 extra Reward Points to be provided to cardholder for registering for E-bill facility.

Points expiry (when points will expire) -

Reward Points will expire if not redeemed within 3 years from the date of accrual.

Value of each point -

1 (One) point = Rs.0.50 (paise 50)

Redemption conditions and limits -

Reward Points can be redeemed provided a minimum of 500 Reward Points are accumulated.

Categories on which point accrual will not happen -

Reward Points are accrued on every retail transaction made on the card except for cash withdrawal, fuel expenses