J&K Bank Platinum Card
Keep₹500 a year for two lounge visits and a quarterly voucher — and the full 3.5% markup the moment you leave the country.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until Jammu & Kashmir Bank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
2 notes on the card itself: how it is issued · why it ranks #389
Why #389 Carried, not valued. Two domestic lounge visits a year and a ₹500 quarterly voucher are real and documented; the reward points are documented too, right up to the point where someone would have to say what one is worth, which J&K never does.
The take
Platinum is the only card in J&K Bank's 2026 relaunch that kept its name, and it is the plain one. ₹500 at the end of each year, nothing to take it out, and the fee disappears at ₹1,00,000 of annual spend — about ₹8,500 a month, which is a low bar. For that you get **two domestic lounge visits a year**, one per half-year, a ₹250 voucher on your first eligible transaction, and a ₹500 voucher every quarter you clear ₹75,000 of spend. Clear it four times and the vouchers alone return ₹2,000 on ₹3,00,000 — which is the honest case for the card. The gap between this and the Eminent above it is the part to look at. Eminent charges ₹1,500 and gives you eight domestic lounge visits, two international ones and a **1.99%** foreign markup; Platinum charges ₹500 and gives you two domestic visits and the **full 3.50%** — the India norm, not a discount on it. If you travel at all, the extra ₹1,000 buys four times the lounge access and halves the cost of every rupee you spend abroad. As on every J&K card, the reward points accrue at a published rate and redeem at an unpublished one. Two points per ₹100 on online spends, department stores, pharmacy and utilities sounds generous; without a rupee against the point it is a number, not a rate, and we will not dress it as one.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Jammu & Kashmir Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 19 Feb 2026 J&K Bank relaunches its card range as Eminent, Platinum and Platinum Privilege issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Nil joining fee; the ₹500 annual fee is charged at year end and waives at ₹1,00,000 of annual spend
- ₹500 gift voucher every quarter you spend more than ₹75,000 — up to ₹2,000 a year
- ₹250 welcome voucher on the first eligible transaction
- 2 complimentary domestic lounge visits a year, one per half-year
- 10% off utility bill payments, up to ₹50, once a month
- 1% fuel surcharge waiver on up to ₹5,000 of fuel a month
Watch out
- 3.50% foreign-currency markup — exactly India's norm, and nearly double the 1.99% on the Eminent one rung up
- J&K publishes NO rupee value for a reward point anywhere, so this desk prints no earn rate
- Two lounge visits a YEAR, not a quarter — the Eminent's quota is four times larger
- The bank's Nov-2025 schedule of charges, never reissued, still prices this card at ₹300 with a ₹75,000 waiver; the product page's ₹500 and ₹1,00,000 supersede it from 01-05-2026
- Insurance, education, rent, wallet loads, fuel, cash and select transport and toll transactions earn nothing
- The ₹500 quarterly voucher needs ₹75,000 inside a single quarter and does not carry forward
What these points actually fly
Jammu & Kashmir Bank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹1,00,000 a year is the bar that waives the ₹500 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. Jammu & Kashmir Bank states what the J&K Bank Platinum Card earns, but has not published which spend categories count toward the fee waiver — the ₹1,00,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Sold to J&K Bank's own customers through the branch and the bank's services menu; there is no standalone public application funnel and no published income floor, age band or eligibility table for any variant in the range. Existing Platinum holders keep the card under the same name — the bank's relaunch note says so explicitly, and Platinum is the one variant of the three that was not renamed.
Jammu & Kashmir Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
per the official Jammu & Kashmir Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
2 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
"Joining Fee: Zero joining fee. No one-time joining or issuance fee is charged at the time of card onboarding" / "Annual Fee: Annual fee of INR 500, charged once at the end of each year", waived at ₹1,00,000 of spend within the card anniversary year. SAME DATED CONFLICT AS EMINENT: the Nov-2025 Annexure-I schedule prices "Platinum: Rs 300 + GST" with the waiver at ₹75,000 of purchases and has not been reissued since the relaunch; the product page dates its fee cycle to 01-05-2026, which is past. Both agree row M1 "Entrance / Joining Fee … NIL". This is the only variant of the three NOT renamed in 2026. GATE 5 SPLITS THE RANGE: 3.50% here versus 1.99% on Eminent and Platinum Privilege. LOUNGE: 2 domestic visits per YEAR, one per half-year — a quarter of Eminent's quota. Vouchers, not points: ₹250 welcome on the first eligible transaction, ₹500 a quarter above ₹75,000 of spend, 10% off utility bills to ₹50 once a month. Fuel surcharge waiver 1% on up to ₹5,000 of fuel a month. Reward points accrue at 1 per ₹100 (2 per ₹100 on online, department stores, pharmacy and medical, and utilities) and J&K publishes no rupee value for a point anywhere. NETWORK NOT PUBLISHED: the Mastercard golf and lounge links sit under Eminent only.
per the official Jammu & Kashmir Bank MITC · reviewed 10 Jul 2026
What's changed for this card
1 dated change
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 19 Feb 2026J&K Bank relaunches its card range as Eminent, Platinum and Platinum PrivilegeA World Credit Card, a Platinum, a Gold and a Government Employees card, priced by the bank's Nov-2025 consolidated schedule at ₹1,000, ₹300, ₹200 and nil a year → Three revamped variants. Eminent (the renamed World Card) at a nil joining fee and ₹1,500 a year waived at ₹3,00,000 of spend, a 1.99% foreign-currency markup, 2 domestic lounge visits a quarter and 1 international a half-year. Platinum at ₹500 waived at ₹1,00,000, a 3.50% markup, 2 domestic lounge visits a year and a ₹500 voucher above ₹75,000 of quarterly spend. Platinum Privilege (the renamed Government Employees card), lifetime-free on both fees, a 1.99% markup, 4 domestic lounge visits a year and a three-rung quarterly voucher ladder from ₹30,000 of spend
A regional bank quietly built the cheapest low-markup travel pair in the country. J&K Bank's relaunch renames the World Card to Eminent and the Government Employees card to Platinum Privilege, and puts a 1.99% foreign-currency markup on both — well under India's 3.5% norm, and on the Platinum Privilege it costs nothing at all, because that card charges neither a joining nor an annual fee. Eminent's ₹1,500 buys eight domestic lounge visits a year and two international ones, which is more domestic access than most cards at that price. The Platinum is the odd one out and the one to skip: ₹500, the full 3.50% markup, and two lounge visits a YEAR against the Eminent's two a quarter. What the desk cannot price on any of them is the reward point — J&K publishes the accrual (1 point per ₹100, 3 on online travel, apparel, dining and electronics on Eminent) and no rupee value for a point on the product page, in the consolidated schedule or on its own rewards portal, so all three cards are carried and none is valued. Existing World and Government cardholders were migrated where they stood: the benefits already apply, and new plastic follows when the old card expires.
Verified against Jammu & Kashmir Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.
Every document behind this page — 2 of them, each with the day we read it
- official Product page — nil joining fee, ₹500 annual fee waived at ₹1,00,000, 3.50% forex markup, 2 domestic lounge visits a year and a ₹500 voucher above ₹75,000 of quarterly spend
- official Consolidated service-charges schedule (Nov 2025) — row M1 "Entrance / Joining Fee" reads NIL across the credit-card range, which is the one line both J&K documents agree on