If you're only spending about ₹1,000 a month on eating out, switching to a card that offers 5% rewards probably isn’t the best idea. That extra 2% on top of what you’re already receiving would only amount to around ₹240 a year, and that usually won’t even cover the annual fee.

When you're spending less, it’s smarter to maintain one card with a low fee that provides decent rewards on everything. Just make sure that the perks you receive are truly worth any fees before you decide to make a change.

A valid ID proof, such as an Aadhar card, and two passport-size photographs are required. Other than PNB, you can think about SBI or Axis Bank, as both banks provide extra advantages for the students, like low MAB requirements, free debit cards, access to internet banking, and many more.