PSB has offered a service for transferring pensions to payment cards

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PSB has launched a new online service for transferring pension payments to any payment cards of the bank. This was reported by the press service of the PSB.

In order to use the service, it is enough to select the option "Public services - pension transfer to PSB" in the mobile application or in the personal account of the online bank of PSB and apply for pension transfer to the bank.

If the client has not yet confirmed the account on the Gosuslugi portal, they can do this in a few minutes via the mobile application or the PSB online banking in the Gosuslugi - Gosuslugi account section and immediately transfer payments from the Social Fund of Russia, including pensions, to PSB cards.

"The intensive development of digital financial infrastructure is radically changing the format of interaction with banks. Today, millions of citizens receive pensions on payment cards and solve financial issues on a daily basis without contacting the office, using convenient remote banking service channels. The new service from PSB provides elderly people with a familiar level of comfort and speed when transferring pension payments, and also has a high degree of protection for payment details and personal data of the client," said Olga Alekseuk, Head of the Department of Innovative technologies of the digital business of PSB.

When transferring payments from the Social Fund of Russia to the PSB card, the client receives a 1 percentage point supplement to the base rate for the My Income deposit. In addition, all holders of PSB pension cards who receive a pension on them can join the loyalty program and receive increased cashback of up to 5% for purchases in the Supermarket, Pharmacy and Taxi categories, as well as withdraw cash from ATMs of third-party banks for free. When the pension payment is first credited to Your Cashback debit card or PSB pension card by November 30, 2025, the client will receive up to 2,500 points, which can be exchanged for rubles at the 1:1 exchange rate.

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