{"id":7277,"date":"2026-09-14T11:17:53","date_gmt":"2026-09-14T11:17:53","guid":{"rendered":"https:\/\/srknation.in\/?p=7277"},"modified":"2026-09-14T11:17:53","modified_gmt":"2026-09-14T11:17:53","slug":"paisabazaar-and-federal-bank-launch-paisaback-rupay-credit-card-with-7-5-cashback-on-grocery-spends","status":"publish","type":"post","link":"https:\/\/srknation.in\/?p=7277","title":{"rendered":"Paisabazaar and Federal Bank Launch Paisaback RUPAY Credit Card with 7.5% Cashback on Grocery Spends"},"content":{"rendered":"

\n\tPaisabazaar<\/strong>, India’s leading fintech platform, in partnership with Federal Bank, today announced the launch of the\u00a0Federal Bank Paisabazaar Paisaback Credit Card\u00a0–\u00a0a cashback credit card\u00a0designed to\u00a0offer enhanced rewards on one of the most frequent and essential household expenses\u00a0\u2013 grocery shopping.<\/span><\/span><\/p>\n

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\n\tPaisaBack Credit Card offers 7.5% cashback on eligible online and offline grocery purchases, across leading supermarkets<\/span><\/strong>
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\n\tThe card was launched by Paisabazaar, Federal Bank and NPCI at the Global Fintech Festival in Mumbai. The Paisaback Credit Card offers\u00a07.5% cashback on eligible online and offline grocery purchases, across leading supermarkets such as Reliance Fresh, DMart, Star Bazaar and Nature’s Basket, as well as quick-commerce platforms including Blinkit, Zepto, Swiggy Instamart and BigBasket.<\/span><\/span><\/p>\n

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\n\tThe credit card would be\u00a0available on the RuPay\u00a0network, and offers\u00a01% cashback\u00a0on eligible POS and e-commerce transactions and 0.5% cashback on eligible UPI transactions above Rs. 2,000.\u00a0Cashback is credited as Cash Points directly\u00a0to the customer’s account, which can be redeemed conveniently.<\/span><\/span><\/p>\n

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\n\tThe card comes with a\u00a0joining and annual fee of Rs. 500, which is waived on annual spends of Rs. 1.5 lakh or more.<\/span><\/span><\/p>\n

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\n\tSantosh Agarwal, CEO, Paisabazaar<\/strong>, said,\u00a0“Credit card rewards are most valuable when they translate into meaningful savings on expenses consumers make every month. Grocery spending is a significant and recurring expense for households, but card rewards around it have been traditionally limited. The Paisaback Credit Card makes everyday shopping more rewarding, while additional cashback on other purchases and UPI transactions enhances the value further. Our partnership with Federal Bank brings together our understanding of consumer spending behaviour to co-create a product that\u2019s built around how consumers actually spend.”<\/em><\/span><\/span><\/p>\n

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\n\tSaugata Basu, Senior Vice President and Head, Retail \u2013 Cards and Personal Loans, Federal Bank<\/strong>, said,\u00a0\u201c<\/em>At Federal Bank, we believe the most impactful financial products are those that seamlessly fit into customers’ everyday lives. The Paisaback Credit Card has been crafted to reward customers where they spend most often, particularly on essential categories such as groceries, while extending value across a broader range of everyday transactions. In partnership with Paisabazaar, we are bringing customers a proposition that is built around convenience, relevance, and meaningful savings. We believe this product will redefine how customers perceive value from their everyday spending.\u201d<\/em><\/span><\/span><\/p>\n

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\n\tKey Features of Paisaback Credit Card<\/strong><\/span><\/span><\/p>\n

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    \n\t\t\t7.5% cashback<\/strong>\u00a0on eligible grocery purchases made online and offline at merchants such as Reliance Fresh, DMart, Star Bazaar, Nature’s Basket, Blinkit, Zepto, Swiggy Instamart and BigBasket<\/span><\/span><\/p>\n<\/li>\n

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    \n\t\t\t1% cashback<\/strong>\u00a0on eligible POS and e-commerce spends<\/span><\/span><\/p>\n<\/li>\n

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    \n\t\t\t0.5% cashback<\/strong>\u00a0on eligible UPI transactions above Rs. 2,000, excluding grocery, fuel and travel categories<\/span><\/span><\/p>\n<\/li>\n

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    \n\t\t\tCashback credited as\u00a0Cash Points<\/strong>, with a validity of one year<\/span><\/span><\/p>\n<\/li>\n

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    \n\t\t\tMaximum cashback benefit of Rs. 1,000 per month<\/strong>\u00a0across eligible transactions<\/span><\/span><\/p>\n<\/li>\n

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    \n\t\t\tFuel surcharge waiver of up to Rs. 100 per billing cycle<\/strong><\/span><\/span><\/p>\n<\/li>\n

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    \n\t\t\tAnnual fee waiver<\/strong>\u00a0on annual spends of Rs. 1.5 lakh or more<\/span><\/span><\/p>\n<\/li>\n<\/ul>\n

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    \n\tAbout Paisabazaar<\/strong><\/span><\/span><\/p>\n

    \n\tPaisabazaar, a part of PB Fintech (listed since 2021), is India\u2019s leading marketplace for financial products and a free credit score platform. Over the last 12+ years, Paisabazaar has earned the trust and goodwill of over 58 million consumers from 850 cities and towns across India. Paisabazaar has built wide and deep partnerships across the ecosystem, to offer a broad range of financial products, ranging from loans and cards to investments and savings along with bill payments and mobile recharge. The platform also enables consumers to check their free credit score from all 4 CICs (Credit Bureaus) in India. Paisabazaar is an ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.<\/span><\/span><\/p>\n

    \"\"<\/p>","protected":false},"excerpt":{"rendered":"

    Paisabazaar, India’s leading fintech platform, in partnership with Federal Bank, today announced the launch of the\u00a0Federal Bank Paisabazaar Paisaback Credit Card\u00a0–\u00a0a cashback credit card\u00a0designed to\u00a0offer enhanced rewards on one of…<\/p>\n","protected":false},"author":1,"featured_media":7278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3255],"tags":[],"class_list":["post-7277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-updates"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/srknation.in\/index.php?rest_route=\/wp\/v2\/posts\/7277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srknation.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srknation.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srknation.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/srknation.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7277"}],"version-history":[{"count":0,"href":"https:\/\/srknation.in\/index.php?rest_route=\/wp\/v2\/posts\/7277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srknation.in\/index.php?rest_route=\/wp\/v2\/media\/7278"}],"wp:attachment":[{"href":"https:\/\/srknation.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srknation.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srknation.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}