The YES BANK Paisabazaar PaisaSave Credit Card, a collaboration between YES BANK and PaisaBazaar, is tailored for online shoppers seeking seamless cashback on their purchases. This detailed review explores its features, benefits, eligibility criteria, exclusions, and how it stands out in the market.
Answer the questions below to see if this card fits your needs:
1. Do you shop online frequently?
2. Are you looking for a low annual fee card?
Key Features of YES BANK Paisabazaar PaisaSave Credit Card
Variants Available
| Variant | Description | Usage |
|---|---|---|
| RuPay | Digital card that integrates with UPI apps | UPI payments |
| MasterCard | Physical card for traditional transactions | Offline/Online card payments |
Note: Cardholders need to activate both variants upon issuance.
Cashback Benefits
| Transaction Type | Cashback Rate | Notes |
|---|---|---|
| Online Spends | 3% | Applies to all platforms and brands |
| Offline Spends | 1.5% | Unlimited earnings |
| Excluded Categories | None | Accelerated cashback on all purchases |
Cashback Calculator
Enter your monthly spend to calculate your cashback:
Additional Perks
- Unlimited Earnings: No upper limit on cashback.
- Fuel Surcharge Waiver: Save on eligible fuel purchases.
- 1:1 Redemption Ratio: 1 reward point equals ₹1, with no redemption fee.
- Annual Fee Waiver:
- First year: Free
- Second year onwards: ₹499 + GST, waived on annual spends of ₹1.2 lakh.
Exclusions
No cashback on these categories:
- Fuel transactions
- EMI payments
- Utility bills
- Insurance premiums
- Rent payments
- Educational fees
- Jewelry purchases
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 21–60 years |
| Income | Minimum annual income of ₹2.5 lakh |
| Employment | Salaried or self-employed |
Charges and Fees
| Charge Type | Amount |
|---|---|
| Joining Fee | ₹0 |
| Annual Fee (2nd year) | ₹499 + GST (waived on ₹1.2 lakh spend) |
| Finance Charges | As per YES BANK’s standard rates |
| Late Payment Fee | Based on outstanding amount |
Pros and Cons
Pros
- High Cashback Rate: 3% on online spends across platforms.
- Low Eligibility Criteria: Perfect for entry-level users.
- Dual Variants: Combines physical card utility and UPI functionality.
- No Redemption Fee: Maximize your cashback without extra charges.
- Annual Fee Waiver: Easy to achieve with modest spending.
Cons
- No cashback on specific categories like fuel, rent, and utilities.
- Limited to ₹1 cashback value per reward point.
- Not suitable for those with high offline spend needs.
Comparison with Other Cashback Cards
| Feature | YES BANK PaisaSave Card | SBI Cashback Card |
|---|---|---|
| Cashback on Online | 3% | 5% |
| Offline Spends | 1.5% | None |
| Annual Fee | ₹499 (waived on ₹1.2 lakh) | ₹999 |
| Redemption Ratio | 1:1 | 1:1 |
| Excluded Categories | Fuel, rent, etc. | None |
Who Should Get This Card?
- Frequent Online Shoppers: Enjoy 3% cashback without merchant restrictions.
- Entry-Level Users: With low eligibility criteria and minimal fees, it’s a great starter card.
- Digital Payment Enthusiasts: Benefit from UPI integration with the RuPay variant.
Application Process
Applying for the YES BANK PaisaBazaar PaisaSave Credit Card is straightforward:
- Check Eligibility: Use the PaisaBazaar link to verify your eligibility.
- Submit Documents: Provide necessary proofs like income, identity, and address.
- Activate Your Card: Once issued, activate both RuPay and MasterCard variants.
Final Verdict
The YES BANK PaisaBazaar PaisaSave Credit Card is an excellent choice for online shoppers seeking hassle-free cashback with no capping on earning potential. While it lacks benefits in specific categories like fuel or rent, its competitive cashback rates, dual variants, and simple redemption process make it stand out.
Ready to Apply?
Click here to check your eligibility and apply digitally. Enjoy seamless rewards and a smarter way to shop online!
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