SBI Card and Punjab & Sind Bank to launch a co-branded credit card

Published on January 02, 2023
Current Context: Public sector bank Punjab & Sind Bank (PSB) and SBI Card have teamed together to offer co-branded credit cards to the bank's clients. This signifies PSB's introduction into the "credit cards" product area as a new addition to the bank's product line.
SBI Card and Punjab & Sind Bank to launch a co-branded credit card
  • Three card variants—PSB SBI Card ELITE, PSB SBI Card PRIME, and PSB SimplySAVE SBI Card—have been introduced due to the agreement.
  • The card was introduced to give PSB customers special advantages for their spending needs.
  • SBI Card ELITE and PSB SBI Card PRIME were created to provide premium and mass premium clients, respectively, with lifestyle perks and the best-in-class experience.
  • The joining price for the PSB SBI Card ELITE is Rs. 4,999 plus taxes, while the joining fee for the PSB SBI Card PRIME is Rs. 2,999 plus taxes.
  • The PSB SimplySAVE SBI Card provides value-conscious clients with a rewarding experience by accelerating rewards and advantages on their expenditures. The cost of the card, including taxes, is Rs. 499.
  • The PSB SBI Cards ELITE and PRIME will be offered on the VISA platform, while the PSB SimplySAVE SBI Card will be offered on the RuPay network.
  • SBI (State Bank of India):
    • Established: 1955
    • Chairman: Dinesh Kumar Khara

Question: 

Q.1 SBI partnered with which bank recently to launch co-branded credit cards?
a. IDFC First Bank
b. Punjab National Bank
c. Punjab and Sind bank
d. HDFC Bank
IBPS RRB Scale II GBO Course 2025

About Me

Ramandeep Singh

Ramandeep Singh

Educator & Banking Expert

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

14+
Years Experience
5000+
Selections
Ex-BoB
Banker
Close Menu
Close Menu