PNB Kiwi Credit Card
Fees and application requirements
- Joining fee
- No joining fee for virtual card; physical card ₹500 + GST
- Annual / renewal fee
- No annual fee for virtual card; physical card ₹750 + GST (waived on ₹1.5 lakh previous-year spend)
- Card network
- RuPay
- Availability
- Subject to issuer availability, eligibility and approval.
Read the complete fee wording: spend-based waivers and promotional offers have conditions. The issuer’s current application terms take precedence.
Punjab National Bank · Checked 2026-10-29
A virtual-first RuPay card for eligible merchant UPI payments through Kiwi; physical-card charges make the selected format important.
CardIQ editorial view
Our take
A virtual-first RuPay card for eligible merchant UPI payments through Kiwi; physical-card charges make the selected format important.
Who it suits
- People who use Kiwi for eligible merchant UPI payments.
Key strengths
- 1.5% Kiwis on eligible scan-and-pay transactions and 0.5% on eligible online transactions
Trade-offs to understand
- The physical card costs ₹500 to join and ₹750 annually before GST, subject to its spend waiver.
- Rewards are Kiwis with programme conditions and a credit-limit-linked monthly cap.
CardIQ verdict
Check the assigned bank and virtual-versus-physical fee terms in Kiwi before completing an application.
This CardIQ editorial assessment is maintained separately from issuer facts and commercial links. CardIQ may earn a commission from some applications. Verify current terms before applying.
Benefits, limits and conditions
- The virtual card has no joining or annual fee; physical-card fees are separate.
- Monthly Kiwis earn is capped at 1% of the credit limit under the issuer product terms.
- Applications are managed through Kiwi; the partner bank is assigned based on the applicant profile. Paid Neon offers are separate.