Economy, Banking and Finance · 24 June 2026

Punjab National Bank (PNB) and Zaggle Prepaid Ocean Services Ltd (Zaggle) launch biodegradable co-branded twin credit cards

Exam-focused facts from the 24 June 2026 current affairs briefing.

Key facts

  • Punjab National Bank (PNB) has partnered with Zaggle Prepaid Ocean Services Ltd (Zaggle) to launch biodegradable co-branded twin credit cards to target the Gen Z and Millennial segments.
  • The PNB-Zaggle Co-branded Twin Credit Cards provide customers with access to both Visa and RuPay networks, featuring UPI-enabled convenience for various payment options.
  • The cards are manufactured using biodegradable materials to combine lifestyle benefits with sustainability in the underpenetrated Indian credit card market.
  • Cardholders receive benefits including complimentary railway and airport lounge access, OTT subscriptions, fitness memberships, travel and shopping vouchers, dining offers, fuel surcharge waivers, personal accident insurance cover, and a 1.5 per cent discount on jewellery purchases.
  • The new credit cards will be available through the zagg.money application as part of PNB's strategy to strengthen its digital ecosystem and accelerate customer acquisition.