PNB Rakshak RuPay Platinum Credit Card
Updated on August 19, 2026
🎖️Reward Rate
Accelerated reward points on eligible merchant transactions
Overview
Lifetime free card for Indian Army, Navy, Air Force, and paramilitary personnel with extensive insurance coverage and zero fees.
Rewards
Reward Type
Reward Points
Reward Rate
Accelerated reward points on eligible merchant transactions
Welcome Benefit
Complimentary joining bonus of 500 reward points
Milestone Benefit
Annual renewal fee waiver on spending Lifetime Free
Redemption
Redeem for flight/hotel bookings, brand vouchers, and statement cash credit
Benefits
- ₹10 Lakh complimentary accidental death insurance cover
- Lifetime Free with no hidden charges
Things to Know Before you apply
PNB Rakshak RuPay Platinum Credit Card Eligibility Criteria
- Age: 21–65 years
- Defence / Paramilitary ID Card verification required
- Salaried & Self-Employed Individuals
- Resident Indian
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | Free |
| Annual Fee | Free |
| Foreign Currency Mark-up Fee | 3% |
| Cash Advance Fee | 2.0% (Min ₹250) |
Fee waiver: Lifetime Free
PaisaSimple Review
Overall Rating
4.5/5What do we like about this card?
The PNB Rakshak RuPay Platinum Credit Card issued by Punjab National Bank (PNB) is a top choice in India for targeted category spend. It features 3.00% + GST forex markup and generous reward multipliers.
Pros
- • ₹10 Lakh complimentary accidental death insurance cover
- • Lifetime Free with no hidden charges
Cons
- • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified