Terms and Conditions
These terms and conditions ("T&Cs") govern the YES BANK RazorpayX Corporate Card Cashback program ("program"). By participating in this program, you, the merchant, agree to be bound by these T&Cs.
1. Eligibility
This program is exclusively for YES BANK RazorpayX Corporate Card holders.
To be eligible for cashback, cardholders must not incur any outstanding dues on their corporate card for more than five (5) days past the monthly due date in any offer period. Failure to meet this condition will result in ineligibility for the Program.
Participation requires explicit consent. Merchants must opt-in by filling the Cashback Opt-In Form to ensure the credits are redeemed in the chosen format. Merchants who do not provide consent will not receive cashback.
2. Offer Period
This is a limited-time offer valid on spending for the Q1 to Q4 of FY 2025-26 with YES BANK RazorpayX Corporate Card.
3. Cashback Offer
Eligible cardholders will receive 1% cashback on their spends in the following categories:
Marketing & Ads: Includes platforms like Meta, Google, LinkedIn, and more.
Cloud Infrastructure: Includes services like AWS, Azure, Google Cloud, and others.
SaaS Tools: Includes software like Easyleadz, Mixpanel, Notion, and more.
The cashback is intentionally focused on these specific spending categories that help in business growth.
A select group of customers may be chosen for a special offer of 1% cashback on all spending categories for the quarter as a thank you gesture.
4. Redemption
Merchants must choose their preferred mode of receiving the cashback credit:
Razorpay PG (Payment Gateway) account credits.
RazorpayX credits.
The choice of redemption will be captured in the Cashback Opt-In Form.
Each merchant is entitled to one redemption per quarter.
The credits will be applied towards the billing cycle of either Razorpay PG or RazorpayX product
5. Verification and Processing
Cashback calculation will be based on spending data from the partner bank under the following Merchant Category Codes (MCCs) which correspond to the categories mentioned above: 4816, 5045, 5734, 7311, 7372, 7392, and 7399, following the end of the quarter (i.e. Q1-Q4 FY 2025-26).
The cashback will be processed only after the submission of the opt-in form and subsequent verification of eligibility.
6. General Conditions
RazorpayX reserves the right to modify, amend, or terminate this program at any time without prior notice.
Decisions made by RazorpayX regarding the program, including but not limited to eligibility and cashback calculation, will be final and binding.
This program was designed to support high-growth teams by providing flexible credit and valuable rewards.