Finbooster Credit Card
The FinBooster Credit Card is India’s first of its kind, and it’s also the most beneficial credit card. It assists you in developing healthy credit behavior by providing you with frequent credit fitness reports that provide you with information about your financial health. If you want to raise your credit score while still increasing your incentives.
The Finbooster Credit Card Highlights
Monthly credit fitness reports and a real-time dashboard are provided.
On fuel transactions between Rs.400 and Rs.5,000, the fuel levy is waived by 1%.
Finbooster Credit Card Features and Benefits
You’ll receive monthly credit fitness reports, as well as a real-time dashboard to monitor your credit score. Once you’ve completed your first transaction with the FinBooster Credit Card, you’ll be granted access.
You now have access to information that will assist you in raising your credit score.
When you attain an annual spend of Rs.1 lakh in the previous year, the payment for the credit fitness tracker (from the second year onwards) will be canceled.
There is no limit to the number of reward points you may earn, and they never expire.
Spending money on online dining earns you 5x reward points.
Earn 3x reward points when you shop for groceries and clothing online.
Except for gasoline bills, every Rs.200 spent on other retail purchases earns you 2 reward points.
Your reward points can be shared with friends and family.
When you use the FinBooster: YES Bank – BankBazaar Co-branded Credit Card, you’ll earn a 1% discount on the gasoline surcharge. If your transaction is between Rs.400 and Rs.5,000, you will be eligible for this bonus.
You can earn a maximum fuel surcharge waiver of Rs.125 per statement cycle.
Accidental death cover (primary cardholder): Rs.2.5 lakh.
Fees and Charges of the FinBooster
|Annual Membership Fee (First Year & Renewal)||NIL|
|Interest-Free Period||Up to 50 days|
Annual fee + EMI payments (if any) + GST + a minimum of 5% of the total amount due, or Rs.200, is the Minimum Amount Due (MAD) (whichever is higher).
The Total Amount Due (TAD) = Minimum Amount Due (MAD) if the MAD is less than Rs.200 (MAD)
Limit on Cash Advances
Up to 30% of your credit limit
The fee for a Supplementary / Add-on Card is nothing (Maximum up to 3 add-on cards can be issued)
Finance Charges on Revolving Credit 3.50 percent p.m. Finance Charges on Cash 3.50 percent p.m. (42.00 percent Annualized)
Late Payment Charges (LPC) Nil to Rs.1,000 (per statement, based on statement balance) (depending on statement balance)
For instance, the over-limit fee is 2.5 percent of the over-limit amount or Rs.500, whichever is higher.
2.5 percent of the amount withdrawn or Rs.300, whichever is greater, is charged as a cash advance fee.
Petrol surcharge relief across all fuel stations in India (GST on fuel surcharge will not be revoked) 1% surcharge remission on fuel purchases between Rs.400 and Rs.5,000.
The fee for re-issuing a card that has been lost, stolen, or damaged is Rs.100 (per instance)
3.40 percent Foreign Currency Conversion Fees
Statements that are same (Statement older than 6 months)
Each statement costs Rs.100.
Charges for Priority Pass Lounge Access are not applicable.
IRCTC/Indian Railways imposed charges on the purchase or cancellation of railway tickets.
For credit card payback, make a cash deposit of Rs.100 at any YES Bank branch.
TDS is levied on withdrawals of more than Rs.1 crore.
TDS of 2% is applied on aggregate cash withdrawals exceeding Rs.1 Cr from all YBL accounts and cards in a financial year, taking effect from September 1, 2019.
Subscription prices for Credit Fitness Tracker (Credit Strong) for the first year are NIL.
Subscription to Credit Fitness Tracker (Credit Strong) from the second year onwards is Rs.400, which will be waived if you spend $1 lakh or more in the anniversary year*.
18 percent GST (Goods and Services Tax) (Applicable on all fees and charges)
*Terms and Conditions apply
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