Punjab National Bank (PNB) has launched co-branded twin credit cards in partnership with Zaggle Prepaid Ocean Services, as per news reports.
The cards will be available across India and can be applied for through Zaggle's zagg.money application. The launch is a new offering to PNB's retail banking portfolio and comes amid growth in digital payments and credit card usage in the country.
The product includes 2 separate cards issued under a single programme. One card operates on the Visa network, while the other is issued on the RuPay network.
According to the companies, the Visa card can be used for international transactions, while the RuPay card supports UPI payments. The arrangement allows customers to access both payment systems without choosing between the 2.
The cards include benefits linked to travel, entertainment, and everyday spending. Customers will receive access to selected airport and railway lounges, along with OTT subscriptions and fitness memberships.
The package also includes shopping and travel vouchers, dining offers, fuel surcharge waivers, discounts on jewellery purchases, and personal accident insurance coverage.
A notable aspect of the launch is the use of biodegradable materials in the manufacturing of the cards. The companies stated that the cards have been produced using materials intended to reduce reliance on traditional plastic.
Several banks have introduced similar initiatives in recent years as sustainability becomes a larger part of product development within the financial services sector.
PNB stated that the partnership is part of its plans to strengthen its digital payments business and expand its credit card offerings. The bank is seeking to increase its presence among customers who regularly use digital banking channels.
Zaggle, which operates in the spend management and fintech segment, stated that the collaboration supports its focus on developing payment products that combine transaction services with rewards and spending tools.
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As of June 22, 2026, 12:02 pm, Punjab National Bank (PNB) share price was trading at ₹109.00, up 0.21%, while Zaggle Prepaid Ocean Services Ltd share price was trading at ₹217.58, up 2.07% from their respective previous closing prices.
The PNB-Zaggle co-branded twin credit cards bring together Visa and RuPay payment networks under a single offering. The cards include travel, lifestyle and insurance-related benefits and will be available through digital application channels across India.
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Published on: Jun 22, 2026, 1:47 PM IST
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