YES BANK and Paisabazaar Launch ‘PaisaSave’ , India’s top online marketplace for consumer credit and free credit scores, has partnered with YES BANK, the sixth-largest private sector bank in the country, to introduce the YES BANK Paisabazaar PaisaSave Credit Card. This co-branded credit card is tailored for customers who want to maximize their savings by earning cashback on every purchase. The card aims to enhance the shopping experience for frequent buyers, offering cashback on both online and offline transactions.
Purpose of the PaisaSave Credit Card
The PaisaSave Credit Card is designed to reward frequent shoppers by offering significant cashback on everyday purchases. The card’s primary focus is on providing value to customers by ensuring consistent savings on transactions, whether made on popular e-commerce platforms or at physical retail stores. It offers an easy and effective way for users to save while they shop, making it an attractive option for those who prioritize value.
Key Features of the PaisaSave Credit Card
The YES BANK PaisaSave Credit Card stands out due to its cashback-focused features and cost-effectiveness. Below are some key highlights:
| Feature | Details |
| Cashback on Online Transactions | Customers can earn up to 3% cashback on online shopping, providing significant savings on e-commerce platforms. |
| Unlimited Cashback | Users can enjoy unlimited cashback across various shopping categories, ensuring continuous rewards for frequent transactions. |
| Offline and Online Shopping Benefits | The card applies to both online and offline purchases, ensuring shoppers can earn rewards no matter where they shop. |
| Virtual Credit Card Option | Applicants can opt for a virtual YES BANK Rupay Credit Card, enabling UPI payments for quick and convenient transactions. |
| Fuel Surcharge Waiver | Users can benefit from a 1% fuel surcharge waiver at all fuel stations across India, adding to the card’s cost-saving features. |
| No Joining Fee | There is no initial joining fee, making it easy for customers to apply for and start using the card without any upfront costs. |
| Annual Fee Waiver | The card has an annual fee of INR 499, but this can be waived from the second year if users spend INR 1.2 lakh or more in the previous year. |
Benefits of the YES BANK and Paisabazaar Partnership
This partnership brings together the financial expertise of YES BANK and the digital reach of Paisabazaar to create a product that is both efficient and rewarding. Paisabazaar’s platform is widely trusted by consumers for offering credit products, and with YES BANK’s robust banking services, this co-branded card aims to enhance the overall banking and shopping experience for users. Whether shopping online or at physical stores, the card ensures consistent cashback, making it an appealing option for people looking to maximize their savings.
The YES BANK PaisaSave Credit Card is also highly flexible, with features like the virtual credit card option and UPI payment capability, catering to modern shoppers’ needs. With the fuel surcharge waiver and annual fee waivers for high spenders, the card is cost-effective and well-suited for regular shoppers.
Why Choose the YES BANK PaisaSave Credit Card?
The YES BANK PaisaSave Credit Card is a smart choice for anyone looking to save more while shopping. The card provides a high cashback rate, especially on online purchases, which is perfect for customers who frequently shop on e-commerce sites. Additionally, its zero joining fee and ability to waive the annual fee after meeting the spending threshold make it a cost-effective solution. The option to use a virtual credit card for seamless UPI payments adds convenience, while features like the fuel surcharge waiver make it more versatile and beneficial for daily use.
FAQs About YES BANK PaisaSave Credit Card
The PaisaSave Credit Card offers 3% cashback on online transactions and consistent cashback on both online and offline purchases, making it perfect for frequent shoppers.
No, the PaisaSave Credit Card has no joining fee, making it easy and cost-effective for new customers to apply.
The annual fee of INR 499 can be waived from the second year onwards if users spend INR 1.2 lakh or more in the previous year, making it a cost-efficient option for regular spenders.
Yes, customers can apply for a virtual YES BANK Rupay Credit Card, which supports seamless UPI payments for added convenience.
The card offers a 1% fuel surcharge waiver at all fuel stations across India, helping users save more on their fuel expenses.
