DCB Happy Savings Account offers cashback on UPI transactions: Should you open one?

DCB Bank has launched a new savings account that promises you rewards if you spend through the Unified Payment Interface (UPI) system using cash in your account. Called DCB Happy Savings Account, it is aimed at individuals who do substantial UPI transactions regularly.

“This savings account will empower our customers to make the most of their everyday banking, with the potential to earn significant cash back while maintaining the required average quarterly balance (AQB),” says Praveen Kutty, Head of Retail…

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Source: https://www.moneycontrol.com/news/business/personal-finance/dcb-happy-savings-account-offers-cashback-on-upi-transactions-should-you-open-one-12121131.html/amp