Overview Punjab National Bank (PNB) has announced that it will revise the fee structure for its Visa and RuPay credit cards. The new rates will come into force on 1 November 2026. The announcement covers a range of charges that cardholders routinely encounter.
Key Fee Changes The bank has highlighted four main categories that will see adjustments:
1. **ATM Withdrawal Fees** – The cost charged when cash is taken out of an ATM. 2. **Late Payment Charges** – Fees applied when a payment is not made by the due date. 3. **Utility Bill Transaction Fees** – Charges levied for paying utility bills through the card. 4. **Reward Point Redemption Costs** – Fees that may apply when redeeming accumulated reward points.
Other fee categories may also be updated, but the bank has not yet released a detailed list.
Impact on Cardholders The revised fee structure could influence how customers use their credit cards. Higher ATM or late‑payment charges may encourage users to plan payments more carefully or to limit cash withdrawals. Changes to reward redemption costs could affect the perceived value of the bank’s loyalty program.
Cardholders are advised to review their most recent statements and any forthcoming notices from PNB to understand the exact new rates that will apply to their accounts.