AU Small Finance Bank (AU SFB) and Zaggle Prepaid Ocean Services launch co-branded retail credit card on Visa and RuPay networks

Key facts

• AU Small Finance Bank (AU SFB) has partnered with Zaggle Prepaid Ocean Services to launch a co-branded retail credit card available on both Visa and RuPay payment networks.
• The Visa variant offers up to 8% Zagg Coins on eligible contactless transactions, while the RuPay variant offers up to 8% Zagg Coins on eligible UPI payments made through the zagg.money app.
• The card provides up to 4% Zagg Coins on eligible e-commerce spends and a 1% fuel surcharge waiver on fuel purchases.
• Accumulated Zagg Coins can be converted into cashback through the zagg.money app, with cashback credited to the customer's credit card account.
• The card includes optional value passes for activating additional benefits across groceries, dining, utility bill payments, entertainment, and travel.
• Other features include airport lounge access, vouchers, and spend-based rewards depending on selected benefits.
• Zaggle plans to offer the card to employees across its corporate client network.