Paisabazaar partners with Yes Bank to launch cashback credit card on major e-commerce platforms

Mumbai: Paisabazaar has partnered with Yes Bank to launch the YES Bank Paisabazaar PaisaSave Credit Card, designed to offer significant cashback rewards to frequent customers. The card offers 3% cashback on online purchases across popular platforms like Amazon, Myntra, Flipkart, Nykaa, Swiggy, Zomato, Tata Cliq and Ajio. After reaching the monthly cashback limit of Rs 5,000, users will continue to get 1.5% cashback on additional online transactions. For offline purchases, the card offers unlimited cashback of 1.5%, along with a 1% fuel surcharge waiver at all petrol stations.
The PaisaSave Credit Card lets customers save on both online and in-store transactions, making it ideal for value-conscious shoppers. Additionally, users can apply for the YES Bank RuPay Virtual Credit Card, which enables hassle-free UPI payments and extends the functionality of the card. The card has no joining fee, and the annual fee of Rs 499 is waived from the second year if users spend Rs 1.2 lakh per year, making it highly cost-effective for regular customers.
Anil Singh, Head of Credit Cards, Yes Bank, highlighted the objective of the partnership to meet the everyday needs of consumers. “Our partnership with Paisabazaar aims to offer a credit card that meets the everyday needs of consumers by providing cashback benefits on both online and offline transactions,” he said. Naveen Kukreja, Co-Founder and CEO, Paisabazaar, highlighted the importance of the product for the young, digitally-savvy customers. “Our latest offering with Yes Bank is aimed at the new and young Bharatiyas, making online shopping more rewarding for this aspirational segment,” he added.