Punjab & Sind Bank has partnered with SBI Card to launch co-brand credit cards for its customers. The collaboration also marks the introduction of `credit cards' as a new product segment under the bank's portfolio. 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 INR 4,999 plus taxes while PSB SBI Card PRIME will be offered at INR 2,999 plus taxes and PSB SimplySAVE SBI Card at INR 499 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. Key Features of PSB SBI Card ELITE: Welcome Gift: Welcome e-Gift Voucher worth INR 5,000 from brands like Aditya Birla Fashion, Bata/Hush Puppies, Shoppers Stop, Yatra.com; Rewards: Get 5X Reward Points on dining, departmental stores and grocery spends; Earn 2 Reward Points per INR 100 on all other spends, except fuel.

Milestone Benefits: Earn up to 50,000 bonus Reward Points worth INR 12,500 every year; Earn 10,000 bonus Reward Points on achieving annual spends of INR 3,00,000 and INR 4,00,000; Earn 15,000 bonus Reward Points on achieving annual spends of INR 5,00,000 and INR 8,00,000; Spend based reversal of Annual Fee on spends of INR 10,00,000; Complimentary Movie Tickets: Free movie tickets worth INR 6,000 every year; Travel Benefits: Complimentary Club Vistara Silver membership, 1 complimentary Lounge Access Voucher and 1 Upgrade Voucher, 9 Club Vistara Points for every INR 100 spent on Vistara flights; Trident Privilege Red Tier Membership: Get exclusive 1,000 Welcome Points on registration; Enjoy 1,500 Bonus Points on first stay & additional INR 1,000 Hotel Credit on extended night stay; Lounge Benefits: Complimentary membership to the Priority Pass Program worth USD 99; 6 complimentary Airport Lounge visits per calendar year, outside India; Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India. Key Features of PSB SBI Card PRIME: Welcome Gift: Welcome e-gift Voucher worth INR 3,000 from brands like Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Pantaloons, Shoppers Stop and Yatra.com; Rewards: 20 Reward Points per INR 100 spent on birthday & standing instructions on utility bill payments; 10 Reward Points per INR 100 spent on departmental stores, groceries, dining & movies; 2 Reward Points per INR 100 on all other spends. Milestone Benefits: Get Pizza Hut e-Voucher worth INR 1,000 on achieving spends of INR 50,000 in a calendar quarter; Waiver of Renewal Fee on annual spends of INR 3,00,000; E-Gift Voucher worth INR 7,000 from Yatra.com/Pantaloons on achieving annual spends of INR 5,00,000; Travel Benefits: Complimentary Club Vistara Silver membership: Get 1 complimentary Lounge Access Voucher and 1 Upgrade Voucher; Earn 9 Club Vistara Points for every INR 100 spent on Vistara flights; Lounge Benefits: Complimentary membership to the Priority Pass Program worth USD 99; 4 complimentary Airport Lounge visits per year to international lounges outside India (max.

2 visits per quarter); 2 complimentary Domestic Airport Lounge visits every quarter in India. Key Features of PSB SimplySAVE SBI Card: Rewards: Enjoy 10X Reward Points on dining, grocery, movie & departmental store spends; 1 Reward Point on every INR 150 spent on all other categories. Outstanding Balance Payment: Settle outstanding balance against collected Reward Points.

Fuel Surcharge Waiver: Get 1% fuel surcharge waiver across all petrol pumps. (Max. fuel surcharge waiver INR 100/month; only fuel transactions between INR 500 to INR 3,000 eligible for waiver.); Annual Fee Reversal: Spend INR 1,00,000 or above and the annual fee will be reversed in the subsequent year.