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Federal Bank Paisabazaar Paisaback RuPay Credit Card
RuPay
Federal Bank Paisabazaar Paisaback RuPay Credit Card
A co-branded RuPay card from Federal Bank and Paisabazaar built around a single, sharply targeted use case: grocery and quick-commerce spending. The 7.5% cashback on DMart, Blinkit, Zepto and similar platforms is well above what generalist cards offer in that category, though the base rate elsewhere is ordinary. Works with UPI since it's on RuPay.
Annual fee
₹500
Joining fee
₹500
Reward type
cashback
Base reward rate
1%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in groceries, online shopping. It's worth the annual fee mainly if your cashback value clears it.
Rewards & benefits
- Rewards rate: 1% base rate
Benefits by category
- 🛒 Groceries
7.5% reward rate
- 🛍️ Shopping
1% reward rate
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹20,000
- Employment: salaried, self-employed
- Age: 21–60
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- 7.5% cashback at supermarkets and quick-commerce apps including DMart, Reliance Fresh, Star Bazaar, Nature's Basket, Blinkit, Zepto, Swiggy Instamart and BigBasket.
- 0.5% cashback on eligible UPI transactions above ₹2,000 via RuPay-UPI linking.
- 1% cashback on other POS and e-commerce spends.
Pros
- + High 7.5% cashback on groceries and quick-commerce
- + UPI-linkable RuPay card
- + Cashback credited directly as usable Cash Points
Cons
- − Joining and annual fee of ₹500 with no stated waiver
- − Reward rate outside groceries/UPI is unremarkable
- − Very new card with a thin benefits stack