Synopsis: Want to get an impressive 6% cashback on dining and travel spends? This article highlights the bank that offers a co-branded credit card with such benefits, helping you maximize your savings.
The YES Bank Paisabazaar PaisaSave Credit Card recently underwent a notable upgrade and as a result it introduced a market-leading 6% cashback on dining and travel spends.
While most standard cashback cards in India typically offer returns of 1–2%, co-branded cards like this one are beginning to raise the bar by focusing more on lifestyle categories.
Apart from the high percentage cashback offer, what sets this card apart is its consideration for other spending too. The overall value of this card could be measured by all the offers it has to offer. Check out the comprehensive breakdown below.
YES Bank Paisabazaar PaisaSave Credit Card
- Joining fee: NIL
- Annual fee: ₹499 + Taxes
- Fees Waiver: Waiveable on a spend of ₹1,20,000 in Card Anniversary
- Card Type: Cashback Credit Card
- Best Suited for: Travelers and foodies who want high cashback without being locked into specific apps.
Though this card comes with a monthly capping but its feature of no merchant restrictions for cashback on popular lifestyle spending i.e travel and dining makes this a value added card for many individuals.
Fees & Charges:
- Interest rate (APR): 3.99% per month and 47.88% annually
- Late payment fee: 10% of statement balance or ₹1350 whichever is lower
- Cash withdrawal fee: 2.5% or ₹500 whichever is higher
- Foreign currency markup: 3.40%
Key Benefits & Perks
- 6% Cashback on eligible dining and travel spends (capped at ₹3,000/month).
- 1% unlimited cashback on all other categories.
- 1% UPI cashback on transactions above ₹2,000 (via virtual RuPay variant).
- 1% surcharge waiver (capped at ₹250/month).
Redemption Process
- How Cashback Is Credited: Redeemable as statement credit via the YES Rewardz portal.
- Reward Value: 1 Reward Point = ₹1
- Redemption Fee: NIL
Also Read: 5 Best Credit Cards for Utility Bill Payments That Offer Maximum Cashback and Rewards (2026)
Reward Structure / Cashback Explained
- Dining & Travel: 6% cashback
- Other Categories: 1% Cashback
- Monthly Cap: 6% cashback is capped at ₹3,000 per month. After this, you still earn a 1% base cashback.
Here’s an Example:
If you spend ₹20,000 on flights and dining in a single month, you will earn ₹1,200 in cashback. As this amount is lower than the ₹3,000 monthly cap you shall receive the full ₹1,200 as a credit to your account.
Who Should Get This Card?
- Frequent Diners & Travellers who want high cashback without app-specific restrictions
- Urban professionals who regularly spend on restaurants, food delivery, and travel bookings
- Users seeking a low-fee cashback card with a clear and simple reward structure
- Those comfortable meeting ₹1.2 lakh annual spend to waive the renewal fee
Final Verdict
The YES Bank Paisabazaar PaisaSave Credit Card is currently on a path to lead the cashback segment by offering a rare 6% return on dining and travel. It isn’t a premium travel card but the unique rewards, manageable fee structure, and wide merchant coverage make it a strong contender for everyday spenders.
FAQs
Applicants aged 21–60 must have a minimum monthly salary of ₹25,000 (for salaried) or an annual ITR of ₹7.5 Lakh (for self-employed) and should not currently hold any other YES Bank credit card.
The ₹499 annual fee is waivable on spending ₹1.2 lakh in a year.
Not ideal, due to a 3.40% forex markup.
Written by Kenbi Riba
