PSB Digital Card: Application Process and Terms and Conditions
Type
Payment system
PSB
PSB allows you to issue digital debit cards without having to wait for a physical card. The digital card appears in the online banking portal and mobile app about a minute after it is issued and activated. You can use it immediately for online purchases, transfers, and other transactions covered by your plan.
The terms and conditions for the PSB digital card are valid through November 2026.
The “Your Cashback” debit card is issued and maintained free of charge. The digital format provides immediate access to your banking details, and you can obtain a physical card separately if needed.
Key features:
- Issued via online banking or the mobile app;
- quick access to account details after activation;
- free issuance and maintenance for the “Your Cashback” card;
- online purchases and transfers;
- transfers via the Single Bank Payment System (SBP);
- view your card number and security code in the app;
- Option to order a physical card separately;
- contactless payments with the “Mir” card via Mir Pay on a compatible Android smartphone.
The PSB digital card eliminates the need to wait for a physical card to be issued. If you need the card for online purchases or money transfers, you can start using it immediately after it appears in the banking app. It makes sense to order a physical card separately if you need to make traditional card payments without a smartphone or perform other transactions for which a physical card is more convenient.
Card details are protected by an additional verification step. The full card number and security code are accessible via the card menu, though the details are not displayed simultaneously. This approach reduces the risk of accidental disclosure of card details.
Deposits and transfers are made using standard banking methods. PSB supports the Fast Payment System and transfers using card details. Specific fees depend on the type of transaction and the rate plan, so before making a large transfer or cash withdrawal, it’s worth checking the current terms and conditions in the bank’s app.
To pay with a smartphone, you can use the “Mir” digital card via Mir Pay on compatible devices. Apple Pay and Google Pay are not universal options for Russian cards, so when choosing a payment method, you should focus on current Russian payment solutions.
Digital cards have the same basic security requirements as plastic cards:
- do not share verification codes;
- do not disclose your CVC/PPC to third parties;
- do not enter your card details on suspicious websites;
- temporarily block the card if you notice a suspicious transaction;
- use only official PSB apps and online banking.
The digital format does not change the card’s terms: fees, limits, and rewards are determined by the selected PSB card product. The terms and conditions are determined by the base PSB card product. Therefore, before applying, you should check the product name, the rewards program, the cost of notifications, and any restrictions on specific transactions.
Questions and Answers
How quickly is a PSB digital card issued?
The digital card appears in online banking and the app approximately one minute after application and activation.
Do I need to get a physical card?
No. You can use the digital card for online purchases and transfers. A physical card can be ordered separately if needed.
How much does a PSB digital card cost?
Issuance and maintenance of the “Your Cashback” card are free. For other products, please refer to the applicable fee schedule.
Can I add the card to Mir Pay?
Yes, you can use a digital card from the “Mir” payment system with Mir Pay on a compatible Android device.
Editor’s Opinion
The PSB digital card is ideal for those who value quick issuance without having to wait for a physical card. The bank provides a fairly detailed description of how to manage account details, issue the card through the app, and start making online payments right away. A plus is that the digital card isn’t part of a separate, complicated system: it remains a standard banking product with a straightforward account, transfers, and the Single Bank Payment System (SBP). However, the terms and conditions shouldn’t be judged solely by the word “digital”—the cost of notifications, bonuses, and certain fees depend on the selected plan. For Russian payments and purchases, this is a convenient format, especially if you don’t need a physical card all the time. For international services, you’ll need to check separately whether they support Russian cards and the “Mir” payment system. Overall, the product is straightforward: it’s issued quickly, doesn’t require a separate account, and retains PSB’s banking infrastructure.
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