PNB LUXURA Metal (RuPay)
KeepThe first PSU-bank super-premium: nil forex, unlimited lounges, ₹9,000 to join.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: 20,000 reward points (₹5,000) on ₹50,000 of spend within 90 days of card activation
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Pays for itself at ₹42,000 a month
At ₹42,000 a month — ₹5,04,000 a year — on the everyday mix this card returns ₹7,500 gross (earn ₹5,000 + milestones ₹2,500) against its ₹7,500 fee = ₹0 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
2 notes on the card itself: how it is issued · the network variants
The take
A public-sector bank putting out a nil-forex, unlimited-lounge metal card is new territory, and LUXURA on RuPay earns its place: 0% forex markup (PNB's own KFS states it flatly — "Nil markup for PNB metal card 'Luxura'... & 3.50% markup for all other card"), unlimited complimentary domestic AND international lounge visits, 3X points on travel and dining, and a HoteLux Elite Plus membership stacking breakfast, room upgrades and up to US$200 in dining/spa credit across Hyatt, Hilton, Marriott, IHG, Accor, Four Seasons, Aman and Rosewood. Add ITC's 2+1 hotel nights, 1+1 dining and spa, four golf rounds a year, ₹50 lakh personal-accident cover and ₹1 crore air-accident cover, and the ₹9,000 joining fee reads as fair for the stack — especially since it is reimbursed outright if you spend ₹2.5 lakh in the first three billing cycles. The catch is the currency: PNB Reward Points redeem at a flat ₹0.25 with zero transfer partners published anywhere on pnbcard.in, so the 4%-looking earn is really 1% cash-equivalent — competitive with entry cards, not with the super-premium metal it shares a shelf with. You are here for the access and the nil forex, not the points.
Your renewal — keep, downgrade or cancel
Here is the fee, the spend that clears it, and everything that has moved under this card since you last decided.
Keep, downgrade or cancel
₹7,500/yr at stake · 5 spend bands
The charge ₹9,000 joining, then ₹7,500/yr
The waiver ₹8,00,000 of spend in the year before renewal — about ₹66,667 a month — and the renewal fee is not charged.
Break-even ₹42,000 a month — ₹5,04,000 a year — is where this card's value crosses its fee.
At your spend
−₹4,500 a year, net of the fee, at ₹3,00,000 of annual spend
₹1,000 a year, net of the fee, at ₹6,00,000 of annual spend
₹18,000 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹48,500 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹72,500 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
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
Punjab National 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 the numbers above are the whole of it.
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
- 0% forex markup — PNB's own Key Fact Statement states it outright, versus 3.5% on every other PNB card
- Unlimited complimentary domestic AND international lounge access (network not named on the page)
- 3X reward points on travel & dining (12 RP/₹100 ≈ 3% at ₹0.25/pt)
- HoteLux Elite Plus: breakfast, upgrade, early/late check-in-out, up to US$200 dining/spa across 7+ luxury hotel brands
- Joining fee ₹9,000 reimbursed if you spend ₹2.5L in the first 3 billing cycles; annual fee waived above ₹8L/yr
Watch out
- Points redeem at a flat ₹0.25 with no published transfer partner — the 4-points-per-₹100 headline is really a 1% return
- Lounge network behind 'unlimited' access is not named on PNB's page — no stated per-visit cap or guest policy
- ₹9,000 + GST joining and ₹7,500 + GST annual are real charges unless the spend thresholds are cleared
- This is the RuPay-network SKU — a separate Visa Metal LUXURA exists with different fees and a different benefit stack
What these points actually fly
No live transfer route takes PNB Reward Points into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
What earns, what doesn't
4 sourced rules · 1 pay zero
PNB publishes NO merchant-category exclusion list for any card on its shelf — not on the product pages, not in the Key Fact Statement, not in the MITC, which mentions merchant categories only to reserve the bank's right to BLOCK a card transacting on restricted MCCs. So this row states the two deviations PNB does document and nothing else; every other category answers "not published" rather than a guess. The one category- shaped fact worth its own row here is forex: PNB's Key Fact Statement carves this card out of the 3.5% markup by name — "Nil markup for PNB metal card 'Luxura' (RuPay/VISA) & 3.50% markup for all other card".
- Dining & food delivery · accelerated 12 RP/₹100 on travel and dining — the 3X, 3% at the ₹0.25 a PNB point redeems for, against the 4 RP/₹100 base. PNB documents the 3X on the card's own product page and publishes no ceiling on it, the same way it publishes no merchant-category exclusion list for any card on its shelf
- EMI conversions / merchant EMI · excluded No points survive an EMI conversion — PNB's MITC states it bank-wide: "On availing the EMI facility, reward points if any that have been accrued on the original transaction shall be reversed." PNB charges 2% of the transaction (min ₹100 instant / ₹200 Easy Pay) to convert, and 12–18%/yr on the instalments
per Punjab National Bank T&C · rank every card by spend category →
Does your spend count toward the fee waiver?
not published — and we say which
₹8,00,000 a year is the bar that waives the ₹7,500 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. Punjab National Bank states what the PNB LUXURA Metal (RuPay) earns and does not earn, but has not published which spend categories count toward the fee waiver and the milestones — the ₹8,00,000 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?
income, age and the route in
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Not confirmed on sale — the issuer still documents this card but we could not confirm it is open to new applications. Treat any application path with care.
per the official Punjab National 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
7 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
THE JOINING FEE IS CONDITIONAL, NOT PREPAID: PNB's own page says ₹9,000 + GST "will be charged only if total spend on the card is less than ₹2.5 lakh within three billing cycles from the date of activation OR an activated card is closed within 90 days" — so a holder who spends clears it and is never billed. The ₹7,500 + GST annual fee is waived above ₹8 lakh of annual spend. Nil forex markup is the headline and PNB states it flatly in the Key Fact Statement. Earn is 4 Reward Points per ₹100, which PNB itself prices at ₹1 — a 1% return, and the reason the 4-points headline overstates the card. 3X on travel and dining. Welcome 20,000 points on ₹50,000 of spend within 90 days of activation; milestones 10,000 points at ₹5 lakh, 14,000 at ₹10 lakh and 26,000 at ₹15 lakh of annual spend. Credit limit ₹1,00,000–₹50,00,000. Card replacement is ₹4,000 + GST, an order of magnitude above the ₹200 PNB charges on its RuPay shelf. Fuel surcharge waiver 1% (min ₹12.50) on fills above ₹500 and below ₹4,000, capped ₹350 a billing cycle.
per the official Punjab National Bank MITC · reviewed 10 Jul 2026
What's changed for this card
nothing tracked yet — which is itself a fact
No tracked devaluations or changes yet — this card's history starts here.
Verified against Punjab National Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 2 of them, each with the day we read it
- official PNB LUXURA Metal (RuPay) product page — fees, waiver conditions, earn rate, welcome, milestones, HoteLux/ITC/golf benefits
- official PNB bank-wide Key Fact Statement — confirms LUXURA's Nil forex markup against the 3.5% standard, and the ₹9,000/₹7,500 primary fee against the ₹6,000/₹4,500 non-metal add-on tier