Paisabazaar, a well-known platform for consumer credit and free credit scores, has partnered with YES BANK, one of India’s leading private banks, to launch the YES BANK Paisabazaar PaisaSave Credit Card. This co-branded cashback credit card is perfect for regular shoppers, providing cashback rewards on everyday purchases, whether you’re shopping online or offline.
Most cashback credit cards only offer extra benefits for specific categories or are co-branded with certain brands. But YES Bank Paisabazaar PaisaSave Credit Card provides extra cashback benefits for all online and offline purchases, regardless of the brand or platform. For physical and online transactions this card is available in both MasterCard and RuPay varient.
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Features and Benefits of YES Bank Paisabazaar PaisaSave Credit Card
Joining and Renewal Fees
The PaisaSave Credit Card comes with no joining fee, but includes an annual fee of Rs 499 + GST which can be waived from the second year if you spend Rs 1.2 lakh or more in the previous year.
Cashback and Reward Benefits
– Get 3% cashback on online shopping from top platforms like Amazon, Flipkart, Myntra, Nykaa, Swiggy, Zomato, Tata Cliq, and Ajio.
– Once you hit the monthly Rs 5,000 cashback limit for online purchases, you’ll still earn 1.5% cashback on everything.
– Unlimited 1.5% cashback on all offline purchases, including in-store shopping.
– Earn 6 reward points for every Rs 200 spent online and 3 reward points for every Rs 200 spent on other transactions.
Fuel Benefits
A fuel surcharge waiver of 1% of up to Rs 250 will be applied to all fuel purchases at participating fuel stations.
Who Should Get a PaisaSave Credit Card?
| Individuals who prefer to earn cashback on all purchases. |
| Those who shop online frequently. |
| Who prefer a low annual fee card with good cashback on general spending, and not tied to any specific brand. |
| Want simple cashback redemption with no extra fees. |
Also Read: Citibank Credit Cards To Be Replaced By Axis Bank Cards: What Customers Should Know
Eligibility for PaisaSave Credit Card
- To be eligible for this cashback credit card, one should be between 21 to 60 years old.
- Both salaried or self-employed people can opt for this card.
- Individuals should have a minimum Rs 25,000 per month salary or Income Tax Return (ITR) of Rs 5 lakh or above.
How to Redeem Cashback with Yes Bank PaisaSave Credit Card?
Simply login to YES Rewardz account, and you can redeem these points as statement credit at a 1:1 ratio to reduce credit card bill. Also, remember that there are no additional fees for converting your reward points into statement credit.
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