The verdict
A formidable public sector metal credit card rivaling top private bank cards. Combining unlimited domestic airport lounge access, 4 international lounge visits, handcrafted metal form factor, and ₹1 Crore insurance cover, LUXURA is the crown jewel of PNB's credit card portfolio.
Spending ₹50,000/month earns 30,000 points/year (~₹7,500 value). Adding 16 domestic airport lounge visits (~₹19,200), 4 international airport lounge visits (~₹9,600), ₹1,200 fuel savings, and ₹10L spend fee waiver delivers over ₹37,500 in net annual luxury value against a ₹9,999 fee.
Cardholders with annual spends below ₹10 Lakhs who do not need unlimited airport lounges should choose PNB RuPay Select at ₹500/year.
✓What works
- +Precision handcrafted heavy metal card design with bespoke aesthetics.
- +Unlimited complimentary domestic airport lounge visits for primary cardholder.
- +4 complimentary international airport lounge visits per year via Priority Pass.
- +₹1.00 Crore complimentary air accidental death insurance coverage.
- +5X reward points (5 points per ₹100 spent) on international transactions and fine dining.
- +Dedicated 24x7 elite luxury concierge assistance.
- +100% annual renewal fee waiver upon spending ₹10,00,000 in a card anniversary year.
✕What doesn't
- −₹9,999 + GST premium joining and annual renewal fee.
- −Requires strict HNI income criteria (₹25 Lakhs+ annual income or equivalent relationship value).
What it earns
1 PNB LUXURA Reward Point = ₹0.25 for luxury vouchers, air miles, or statement credit.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| International Spends & Luxury Dining (5X) | 5 Points / ₹100 (1.25% value) | Uncapped | 5,000 Points (~₹1,250 value) |
| All Other Domestic Retail Spends | 2 Points / ₹100 (0.50% value) | Uncapped | 2,000 Points (~₹500 value) |
| Fuel Purchases | 0% | Excluded | 0 Points |
Accelerated earn
Unlimited Domestic Lounges + ₹1 Crore Insurance + 5X Points
Experience unlimited airport lounges, heavy metal luxury, and 5X international points.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| International Transactions & Dining5 points per ₹100 on foreign currency spends and luxury restaurants. | 5× · 5 Points / ₹100 (1.25%) | Uncapped | — |
| Domestic Retail Spending2 points per ₹100 on all domestic retail spends. | 1× · 2 Points / ₹100 (0.50%) | Uncapped | — |
Redemption options
Redeem points directly on PNB Rewardz portal for luxury brand vouchers, flights, or statement credit.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Luxury Brand Vouchers & FlightsBEST VALUE | ₹0.25 / Reward Point | 1,000 pts | None | Nil |
| Statement Cash CreditBEST VALUE | ₹0.25 / Reward Point | 1,000 pts | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +International retail, luxury dining, travel portals, and high-end retail.
- +Unlimited domestic airport lounges and 4 international lounges.
- +₹1 Crore air accidental insurance.
✕Excluded Spends & Fee Traps
- −Fuel purchases (eligible for 1% surcharge waiver only).
- −ATM cash withdrawals.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹9,999 + GST (Includes welcome luxury gift hamper / bonus points) |
| Annual Renewal Fee | ₹9,999 + GST (Waived on ₹10,00,000 annual spend) |
| Finance Charges (Interest Rate) | 2.50% per month (30.00% per annum) |
| Foreign Currency Markup | 2.00% + GST (Discounted forex rate for metal tier) |
| Fuel Surcharge Waiver | 1% waiver on ₹500 to ₹4,000 transactions (Max ₹500/month) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age Requirement | 21 to 65 years |
| Minimum Annual Income | ₹25,00,000+ per annum (Salaried or Self-Employed HNI) |
| Credit Score (CIBIL) | 750+ recommended for metal approval |
Frequently Asked Questions
Does PNB RuPay Metal Card LUXURA offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for PNB RuPay Metal Card LUXURA?
What is the reward rate and point redemption value on PNB RuPay Metal Card LUXURA?
Which transactions are excluded from earning rewards on PNB RuPay Metal Card LUXURA?
Who is PNB RuPay Metal Card LUXURA best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: PNB RuPay Metal Card LUXURA
The PNB RuPay Metal Card LUXURA is Punjab National Bank’s pinnacle ultra-premium credit card, precision-crafted in handcrafted heavy metal on the elite RuPay platform. With a joining and annual renewal fee of ₹9,999 + GST, the renewal fee is completely waived upon achieving ₹10,00,000 in eligible retail spending within the previous card anniversary year. Positioned directly against tier-one metal flagships from private sector peers, LUXURA combines the institutional trust of a premier public sector bank with world-class lifestyle privileges.
The card’s centerpiece is its comprehensive travel and insurance infrastructure: uncapped unlimited complimentary domestic airport lounge access across India, 4 complimentary international airport lounge visits per year via Priority Pass, and an exceptional ₹1.00 Crore complimentary air accidental death insurance cover. Enhanced by 5X reward points (5 points per ₹100 spent, equivalent to a 1.25% return) on overseas spending and fine dining, 24x7 dedicated luxury concierge assistance, and a discounted 2.0% foreign currency markup, LUXURA represents the apex of luxury banking in the public sector.
Key Privileges and Practical Everyday Benefits
- Unlimited Complimentary Domestic Airport Lounges: Enjoy unrestricted, uncapped complimentary access to domestic airport lounges across India for the primary cardholder.
- 4 Complimentary International Lounge Visits Annually: Receive 4 complimentary international airport lounge visits per year globally via the accompanying Priority Pass membership.
- 5X Accelerated Rewards on International & Fine Dining: Earn 5 reward points per ₹100 spent (1.25% valueback at 1 point = ₹0.25) on international foreign currency transactions and gourmet dining.
- Substantial ₹1.00 Crore Air Accidental Death Protection: Comprehensive complimentary air accident insurance cover of ₹1.00 Crore when flight tickets are booked using the card.
- Discounted 2.0% Foreign Currency Markup: Pay only 2.0% + GST on overseas transactions and foreign currency e-commerce purchases, well below the standard 3.50% banking benchmark.
Important Terms and Spend Conditions to Keep in Mind
- High Annual Holding Cost: The card carries a premium annual fee of ₹9,999 + GST, making it suitable only for spenders who extract value from unlimited lounges and premium insurance.
- Spend-Based Fee Waiver Threshold: The ₹9,999 annual renewal charge is waived only upon reaching ₹10,00,000 in eligible retail transactions within the previous anniversary year.
- Reward Point Redemption Value: Reward points are valued at ₹0.25 per point when redeemed on the PNB Rewardz portal for luxury vouchers, air miles, or statement cash credit.
- Excluded Spend Categories: Fuel transactions, ATM cash advances, and wallet reloads do not earn reward points (fuel receives a 1% surcharge waiver on transactions between ₹500 and ₹4,000, capped at ₹500 per month).
- Strict Income Eligibility Benchmarks: Approval requires a minimum gross annual income of ₹25,00,000 or equivalent high-net-worth banking relationship value.
Who Benefits Most
- High-Net-Worth Executives and Business Leaders: Corporate travelers and HNIs who fly frequently across domestic routes and extract heavy value from unlimited lounge visits throughout the year.
- International Jet-Setters & Global Shoppers: Frequent overseas travelers seeking substantial savings via the reduced 2.0% forex fee and 5X reward points on foreign expenditures.
- Discerning Cardholders Seeking Public Sector Trust: Individuals who desire a premium handcrafted metal card with ₹1.00 Crore travel insurance backed by the stability of Punjab National Bank.
- Punjab National Bank — PNB RuPay Metal Card LUXURA official schedule of charges and MITC
- NPCI RuPay Metal Program — Unlimited domestic lounges, 4 international lounges, ₹1 Cr air accident insurance & 24x7 luxury concierge
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).