The upgraded card provides 6% cashback on dining and travel transactions, capped at ₹3,000 per month. Spends beyond the monthly cap in these categories earn 1% cashback.
All other online, offline and UPI transactions also attract 1% cashback. The card carries no joining fee, while the annual fee of ₹499 from the second year onwards is waived if cardholders spend ₹1.2 lakh in the preceding year.
Users can activate a virtual RuPay version of the credit card, which enables UPI-based credit payments for routine transactions. The card also includes a 1% fuel surcharge waiver.
According to the companies, the upgraded PaisaSave Credit Card targets consumers with regular spending on dining, travel and daily expenses, while also offering cashback on broader usage categories. Cashback eligibility is linked to applicable merchant category codes.
Key features of the upgraded YES BANK Paisabazaar PaisaSave Credit Card include 6% cashback on dining and travel spends across select food delivery platforms, travel booking websites and hotel chains, unlimited 1% cashback on other spends, and a fuel surcharge waiver.
Paisabazaar is part of PB Fintech and operates as a digital marketplace for consumer credit products, while YES BANK is a private sector lender offering banking and financial services across retail and corporate segments.