YES BANK FinBooster Credit Card Review
Author And Publisher: Gyro 3.oYES BANK FinBooster Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
"Limit yourself to holding two credit cards A/C—one for daily expenses and auto-debits, and another reserved for emergencies.
Avoid chasing cashback, miles, rewards or Investments, as this can distract from sound financial management;
and lead to unnecessary debt. Focus on stability & discipline."
YES BANK FinBooster Credit Card Review:
Lifetime Free Rewards Plus Credit Score Boost
Introduction
The YES BANK FinBooster Credit Card is a ground-breaking solution for credit-conscious users who want tangible rewards from daily spending without paying annual fees. Designed in partnership with BankBazaar, FinBooster uniquely combines lifetime-free status with robust rewards and an integrated CreditStrong dashboard. This credit card is purpose-built for first-time credit builders, practical earners, and anyone seeking financial progression alongside cashback on every swipe—making it a strong contender among India’s best entry-level.
Key Features and Benefits
Lifetime Free Credit Card
- No joining fee, no annual fee, no renewal charges—ever.
Accelerated Rewards Structure
5X rewards (5 points/₹200) on online dining.
3X rewards on grocery and apparel spends.
2X rewards on all other retail spends (including UPI for RuPay variant; 2 points/₹200).
Unlimited reward accrual (no earning cap/month).
UPI Integration (RuPay variant)
- 4 reward points per ₹200 on UPI spends above ₹2,000.
- Convenient QR payments—link card to top UPI apps; virtual card with separate statement/bill payment.
Credit Strong Credit Fitness Report
- Complimentary monthly credit score, dashboard, and actionable improvement tips—unique to this card.
Insurance Cover
- ₹2.5 lakhs accidental death shield for the primary cardholder.
Fees & Charges
| Feature / Transaction Type | Fee / Charge Details | Cap / Threshold |
|---|---|---|
| Membership Fees | Zero First Year & Renewal Membership Fee | No charges |
| Interest Rate | 3.99% per month (47.88% annually) on Revolving Credit, Cash Advances, and Overdue Amount | Applies monthly |
| Rental Transactions | Max 5 transactions per 30 days | |
| - Up to INR 1,000 | 1% of transaction value or INR 1 (whichever is higher) | |
| - Above INR 1,000 | 1% of transaction value or INR 199 (whichever is higher) | |
| Forex Markup Fee (DCC Spends) | 1% | Applies on DCC spends |
| Utility Charges | 1% + GST on monthly utility spends above INR 15,000 | Fee capped at INR 3,000/month |
| - Example: INR 10,000 spend | No charges | Below threshold |
| - Example: INR 20,000 spend | INR 200 + GST | Above threshold |
| Education Fee Payment Charges | 1% + GST on education spends via third-party apps | Fee capped at INR 5,000/month |
| Fuel Transaction Charges | 1% + GST on fuel transactions above INR 10,000 | Fee capped at INR 5,000/month |
| - Example: INR 9,000 transaction | No charges | Below threshold |
| - Example: INR 20,000 transaction | INR 200 + GST | Above threshold |
Struggling to keep up with mounting credit card bills?
Card Essentials
| Type | Reward Points |
| Welcome Benefits | n/a |
| Annual Fee | nill |
| Reward Structure | Rewards on Eligible SPENDS |
| Renewal Benefit | n/a |
Rewards and Benefits Analysis
Who Benefits Most?
Everyday Spenders: Online dining, grocery, apparel, and bill payments earn the highest rewards.
First-Time Credit Builders: CreditStrong dashboard keeps credit score on track, helping new cardholders progress.
Digital-Native Users: UPI-enabled RuPay variant unlocks added rewards for quick merchant QR payments.
Families: Add supplementary cards for household spending at no extra cost.
Travelers/Commuters: Fuel waiver adds direct monthly savings.
Monthly Value Example
₹10,000 spent on online dining = 250 reward points (worth up to ₹62.5).
₹15,000 groceries/apparel = 225 points.
₹20,000 UPI merchant payments = 400 points.
Fuel spends of ₹4,000 = ₹40 in waived surcharge.
Caps and Conditions
No limit on points earned each month.
Rewards exclude rent, wallet, cash withdrawal, fee, and peer payments.
RuPay variant is virtual-only—no physical card (can be issued parallel to Visa variant).
Separate statement and payment required for Visa and RuPay cards.
Practical Considerations
Fees & Charges
Lifetime Free: No joining/annual/renewal fee.
Interest: 3.99% p.m. on carried balances (industry standard).
Cash Advance: 2.5% or ₹500, whichever higher.
Forex Markup: DCC Spends: Forex markup fee of 1% will apply.
Utility/Wallet/Rent/Education: 1% + GST fee above set limits per month.
Add-On Card Fee: Zero; up to 3 cards for family.
Eligibility Criteria
Age: 21–60 years.
Income: Minimum ₹25,000/month (salaried/self-employed).
Documentation: Basic KYC (PAN, Aadhaar, salary slip/ITR).
**For new YES BANK cardholders; existing holders not eligible.
Usage Tips
Use the card mainly for online dining, groceries, and UPI merchant payments to maximize rewards.
Monitor fee-triggering transactions (utility bills, wallets, rent) to avoid charges.
Pay both Visa and RuPay statements separately; excess payment doesn’t carry across.
Redemption Options
YES Rewardz Portal
Redeem points for statement credit (₹0.25/point), travel bookings, e-gift vouchers, and merchandise.
No minimum redemption amount for cashback. Maximum redemption for statement credit/gift vouchers capped at 50% of points/gift value per transaction.
Best-Value Strategies
Use statement credit or travel bookings for instant value.
Leverage portal deals for periodic merchandise discounts.
Ideal User Profile
Credit Builders: Want to track and improve their score while earning rewards.
Regular Spenders: Food, groceries, apparel, and digital payments—prefer frictionless cashback.
UPI Enthusiasts: Prefer QR payments through trusted apps.
Families: Need add-on cards for household spending.
Cost-Aware Cardholders: Want true zero-fee with ongoing perks.
Final Thoughts
Strengths
Lifetime free—no annual, joining, or renewal fee ever.
Best-in-class UPI integration for RuPay variant (especially for digital billers).
Robust rewards on dining, grocery, and everyday merchant spends—no earning cap.
Integrated credit fitness dashboard; supports goal-based credit improvement.
Contactless payments and supplementary cards enhance flexibility.
Limitations
RuPay variant is virtual only; must pay Visa and RuPay statements separately.
Utility, rent, wallet flux above limits attracts extra fees.
Additional Tips for Applicants
Prepare Income Docs: Proof of ₹25,000+ monthly income or ITR needed for approval.
Apply Online: Instant onboarding, digital KYC, and instant card download.
Dual Card Strategy: Consider activating both Visa (universal payments) and RuPay (UPI) for twin rewards.
Monitor Utility/Rent/Wallet Loads: Avoid extra fees by keeping monthly spends within included limits.
Redeem Promptly: Use reward points regularly for cashback or travel; monitor YES Rewardz for deals.
YES BANK FinBooster is one of the best lifetime free credit card options for building credit while earning at every swipe—ideal for India’s modern, cost-conscious earners.
This review offers a clear and balanced overview of the YES BANK FinBooster Credit Card’s strengths and limitations, helping readers make an informed choice about whether this card fits their
Spending Habits And Financial Goals.
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