People’s Bank has unveiled its latest credit card offering — the SME Business Credit Card —designed for Small and Medium Enterprise (SME) customers, in collaboration with Mastercard.
The launch was held in conjunction with the ‘People’s Bank Entrepreneurial Glory 2025’ celebration to mark World SME Day, which took place on June 27 at the Gampaha Municipal Council Stadium.
This credit card aims to empower and enhance the financial capabilities of SMEs by offering a range of exclusive benefits tailored to meet their evolving business needs. The SME Business Credit Card is currently being offered without a joining fee along with a waiver of the first-year annual fee, making it an attractive proposition for new cardholders.
Cardholders also gain access to Mastercard’s offers — both locally and internationally — curated specifically for the SME sector. The card also provides complimentary overseas travel insurance coverage of up to USD 100,000, offering peace of mind to entrepreneurs who travel for business.
Flexible settlement plans of up to 60 months are available, enabling businesses to manage their cash flow effectively. Furthermore, cardholders can enjoy year-round discounts and special offers across a wide range of merchants and service providers.