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Yes Bank and Paisabazaar Launch 'PaisaSave' Credit Card

PaisaSave Credit Card launched

Yes Bank and Paisabazaar Launch PaisaSave Credit Card
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19 Sep 2024 10:45 AM GMT

Hyderabad: Yes Bank has partnered with Paisabazaar to unveil their co-branded credit card – Yes Bank Paisabazaar PaisaSave.

The credit card provides an easy way for customers to save as they spend, especially on online transactions where cashback is accelerated to 3 per cent. Whether shopping on popular e-commerce sites or paying at physical stores, the card ensures consistent savings through its unlimited cashback feature.

Additionally, customers can opt for a virtual Yes Bank Rupay Credit Card while applying, enabling them to make UPI payments seamlessly, further expanding the card’s utility.

The card has no joining fee, and the annual fee of Rs 499 can be waived off from the second year if users meet the spending threshold of Rs 1.2 lakh per annum in the preceding year, making the PaisaSave Credit Card highly cost-effective for regular shoppers.

Anil Singh, Country Head - Credit Cards and Merchant Acquiring, Yes Bank, said, “Our partnership with Paisabazaar aims to offer a credit card that meets the everyday needs of today’s consumers. The PaisaSave Credit Card provides cashback benefits for both online and offline transactions, helping customers save more on their regular purchases. By combining Yes Bank’s financial expertise with Paisabazaar’s digital reach, we’ve created a simple, effective solution to enhance the overall banking experience for our users.”

Naveen Kukreja, Co-founder & CEO, Paisabazaar, said, “Our co-created strategy continues to evolve as we deepen partnerships across the ecosystem and strengthen our pipeline of superior, digital-only products that meet need gaps across consumer segments. Our latest offering with Yes Bank is another step in that direction. Our co-created card PaisaSave has been designed for the new and young Bharat, making online purchases a rewarding experience for this aspirational and digital-savvy segment.”

Yes Bank Paisabazaar PaisaSave Credit Card 
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