Public sector bank Punjab and Sind Bank (PSB) has partnered with SBI Card to launch co-brand credit cards for the bank’s customers. PSB has additionally entered the mastercard market as a brand new product section in its portfolio as a results of this collaboration. 3 card variants—the PSB SBI Card ELITE, PSB SBI Card PRIME, and PSB SimplySAVE SBI Card—have been launched by each partners. This collaboration additionally marks the entry of PSB into ‘credit cards’ as a brand new product section beneath the bank’s portfolio.
The connection value for the PSB SBI Card ELITE is Rs 4,999 and taxes, the PSB SBI Card PRIME is Rs a pair of 2,999 and taxes, and therefore the PSB SimplySAVE SBI Card is Rs 499 and taxes. The PSB SBI Cards ELITE and PRIME are offered on the VISA platform, whereas the PSB SimplySAVE SBI Card are offered on the RuPay network.