If you are looking for a credit card from YesS Bank with the help of which you can make payments and also get some rewards on You Spends then you can take a Yes Bank Finbooster Credit Card. You receive 5 times the reward points on online grocery purchases and 3 times the reward points on other online transactions.
Card Type: CashBack Card
Card Summary
- This co-branded credit card is a collaboration between us and our partner BankBazaar. The value proposition of this co-branded product may be supported jointly by YES Bank Ltd and our partner based on the financial arrangement between both parties. As a result, there could be a sharing of fees and revenue between the two entities.
Reward
- Earn 8 reward points on every ₹2000 spent on Online transactions above ₹2000 (capped at 5,000 reward points per month).
- Earn 2 reward points on every ₹200 spent on all online transactions.
Fees:
- Zero annual fee and Zero renewal fee.
- Interest rate: 3.80% per month (45.60% annually) on revolving credit, cash advances, and overdue amounts.
- A minimum charge of 1% of the transaction value or ₹1 (whichever is higher) applicable for all rental and wallet transactions exceeding ₹1. There’s a cap of 3 rental transactions per 30 days.
- 1% forex markup fee on DCC transactions (transactions where your currency is converted dynamically).
Other Features:
- Instant EMI: Convert purchases equal to or exceeding ₹2,500 into EMIs.
- EMI on Call: Convert transactions into EMIs through Yes Bank’s customer service at competitive interest rates.
- YES PayNow: Automate bill payments to ensure timely payments.
- E-mandate: Set up standing instructions for recurring payments like bills, subscriptions, and insurance.
- Express Loan: Get a loan using your credit card limit to meet immediate financial needs.
- Contactless Payment Up To 5000 Across India.
Eligibility criteria
- Age 21 to 60 years
- Salaried or self-employed
- Salary of INR 25,000 per month
- Income Tax Return of INR 7.5 L
Required Document
- Pan Card
- Aadhar Card
- Income Proof
- Address Proof
Additional Feature
- Insurance Cover: A credit shield cover of ₹2.5 lakhs is provided in the event of the accidental death of the primary cardholder.
- 3x Reward Points: Online grocery/ Apparel3 INR 200 = 6 points
- Other Spends: Other retail spends4 (except fuel) INR 200 = 2 points
- Fuel surcharge Waiver: 1% fuel surcharge waiver at all fuel stations across India for transactions between INR 400 to INR 5,000.
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5X Reward Points: Get 10 reward points on spending Rs 200 on online food
Pros & Cons
Pros
- No annual fee: You do not need to worry about the annual fee of this credit card because you get this card completely free for a lifetime.
- Reward points on specific categories: If you spend on food online, you get your reward points immediately. You get 5x points for online food and 3x points for online grocery.
- No reward points cap: Unlike other cards, you do not get any limit on accumulating reward points on this card.
- Reward points don’t expire: You do not need to worry about the reward points of this credit card because the reward points of this card never expire.
- Shareable reward points: You can share the reward points of this credit card with any of your Friends, or family members.
Cons
- Limited benefits: You do not get any kind of features like airport lounge access, travel insurance, etc. on the card.
- Potentially low credit limit: The limit you get on this credit card is much less as compared to other cards.
- No welcome bonus: No joining bonus points or other introductory offers exist.
The Yes Bank FinBooster Credit Card is a good option for someone with a limited credit history who spends online shopping for groceries, apparel, and dining.
Please Read Our other credit card reviews
Disclaimer
Suppose there is any change in Yes Bank Finbooster Credit Card status. In that case, CredBanking will not take any responsibility because we have obtained all the information about the card from the Internet and the bank’s website.
