SBI Card and Punjab & Sind Bank join hands to launch co-branded credit cards

30 Dec 2022 , 11:45 AM

Punjab & Sind Bank has partnered with SBI Card to launch co-brand credit cards for its customers. 

The partnership will introduce ‘credit cards’ as a new product segment under the bank’s portfolio and for this both the partners have rolled out three card variants – PSB SBI Card ELITE, PSB SBI Card PRIME, and PSB SimplySAVE SBI Card. 

These variants have been launched to cater to the spending needs of the esteemed customers of Punjab & Sind Bank, across mass, mass premium and premium segments. PSB SBI Card ELITE and PSB SBI Card PRIME have been designed to offer lifestyle privileges and best in class experience to premium and mass premium customers, respectively. PSB SimplySAVE SBI Card offers rewarding experience to value conscious customers through accelerated rewards and benefits on their spending.

PSB SBI Card ELITE will be offered at a joining fee of Rs4999 plus taxes while PSB SBI Card PRIME will be offered at Rs2999 plus taxes and PSB SimplySAVE SBI Card at Rs499 plus taxes respectively. Both PSB SBI Card ELITE and PSB SBI Card PRIME will be available on VISA platform and PSB SimplySAVE SBI Card on RuPay platform.

At around 11:50 AM, SBI Cards and Payment Services was trading at Rs796.20 per share higher by 1.40% on the BSE.

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