Yes Bank Credit Cards June 2024

Yes Bank Credit Card Features and Benefits

All of YES Bank’s credit cards come with a good number of intriguing features that are divided into several categories. While the benefits of each credit card vary, generally speaking, any YES Bank credit card can provide the following broad benefits:

1. Welcome Benefits: Upon obtaining a new YES Bank Customer Credit Card, you will first be eligible for a bonus, points, discount coupons, or other complementary benefits. These advantages are typically contingent on how little is paid for admission.

2. Reward Points/Cashback: YES Bank credit cards provide you rewards for your purchases, just like any other credit card. Basically, by using practically any Yes Bank credit card, consumers can earn reward points on their cards or cash back choices into their accounts.

3. Milestone Benefits: Achieving a marketing or shopping aim within a predetermined time frame results in the threshold advantages. These goal benefits may differ for each card and might increase the total amount of rewards up for grabs.

4. Travel Benefits: YES Bank offers a variety of credit cards, most of which are tailored to specific traveler demographics. The advantages include things like lounge access, big savings on hotel and airline ticket reservations, and much more.

5. Additional Benefits: In addition, the YES Bank credit card may be eligible for discounts on dining establishments, entertainment venues, fuel surcharge waivers, service packages, and spend-based annual fee waivers, among other add-ons.

Yes Bank Credit Card Rewards and Cashback

• Yes RESERV: Earn 24 reward points for every Rs. 200 spent on online shopping and 12 reward points for every Rs. 200 spent offline.
• Yes Bank Marquee: For every Rs. 200 you spend online or in stores, Yes Bank Marquee lets you earn 36 reward points. For every Rs. 200 you spend in stores, you earn 18 reward points.
• Yes ELITE Credit Card: For every 200 rupees spent online, you’ll get 12 reward points. For every 200 rupees spent offline, you’ll get 6 reward points.
• Wellness Plus: For every Rs. 200 spent on Wellness Plus, you’ll get 6 reward points. For every Rs. 200 spent at chemists or drug stores, you’ll get 30 reward points.
• Yes Private/Prime: When you spend Rs. 100 internationally, you’ll get 3 reward points, and when you spend Rs. 100 in India, you’ll get 2 reward points. 
• Yes SELECT Card: Deposit Rs. 200 on the card and get 8 reward points. Place the same amount of money on the card and get 4 reward points.

How To Earn and Redeem Yes Bank Credit Card Reward Points?

With YES Bank credit cards, you can redeem your reward points through the YES Rewardz portal, where various options are available. You can also look on the portal to check the value of your reward points.

1. Yes Bank Private Credit Card/Private Prime Credit Card:	1 Reward Point = Rs. 1
2. Yes RESERV Credit Card	1 Reward Point = Rs. 0.25 for hotel/flight bookings 1 Reward Point = Rs. 0.10 for gift vouchers, product catalog, etc.
3. Yes ELITE Credit Card	1 Reward Point = Rs. 0.25 for hotel/flight bookings 1 Reward Point = Rs. 0.10 for gift vouchers, product catalog, etc.
4. Wellness Plus Credit Card	1 Reward Point = Rs. 0.25 for hotel/flight bookings 1 Reward Point = Rs. 0.10 for gift vouchers, product catalog, etc.
5. Yes SELECT Credit Card	1 Reward Point = Rs. 0.25 for hotel/flight bookings 1 Reward Point = Rs. 0.10 for gift vouchers, product catalog, etc.

By understanding these redemption values, you can maximise the benefits and get the most out of your YES Bank credit card rewards.

To redeem your reward points online, follow these simple steps:

1. Go to YES Rewardz, the official YES Bank rewards portal.

2. Choose your credit card from the list of alternatives.

3. Select the category that best suits your needs, from recharge to bill payment to flight reservations to e-gift cards and more. 

4. Select the solution that best meets your needs from the chosen category. 

5. After completing the necessary information, click “Confirm.” 

6. After your purchase is completed, a confirmation will be sent to your mobile phone.

Yes Bank Credit Card Eligibility Criteria

There are specific requirements for each YES Bank credit card that applicants must fulfil in order to be accepted. These requirements are based on a number of variables, including credit score, age, income, and residency status. The YES Bank credit card eligibility is as follows:

• Candidates must be between the ages of 21 and 60.
• They have to be either salaried workers or independent contractors.
• A stable income source is required. A minimum income of INR 40,000 per month is necessary.
• Candidate must be an Indian citizen to apply.
• Applicants should have a decent credit score.

Documents Required

Please ensure you have copies of the following documentation on hand when applying for a YES Bank credit card:

• Identity Proof: Passport, Aadhaar Card, Driver’s License, Voter ID, PAN Card, or any other ID that has been authorised by the government.
• Aadhar Card, Passport, Utility Bills (no more than three months old), or any other ID endorsed by the government can be used as address proof.
• Income documentation: the last two years’ audited financial reports, the bank statement or pay stub from the last three months, etc.

Yes Bank Credit Card Annual Fees and Charges

Considering the annual fee associated with credit cards is one of the most essential things to do as a consumer. To compare different credit cards based on their fees, it’s important to know both the annual fee and any conditions for fee waivers, if applicable. Below, we’ve outlined the yearly fees and fee waiver conditions for the top YES Bank Credit Cards:

1. Yes Bank Marquee Credit Card

Joining Fee:	Rs. 9,999 + GST
Renewal Fee:	Rs. 4,999 + GST
Spend-Based Waiver:	Waived on spending Rs. 10 lakh in a year

2. Yes Private/Prime Credit Card

Joining Fee:	Rs. 50,000 + GST
Renewal Fee:	Rs. 10,000 + GST
Spend-Based Waiver:	Renewal fee waived off on spends of Rs. 25,00,000 in the previous year

3. Yes First Exclusive Credit/RESERV Card

Joining Fee:	Rs. 1,999 + GST
Renewal Fees:	Rs. 1,999 + GST
Fee Waiver Conditions:	There is no joining cost if you spend Rs. 40,000 in the first ninety days, and there is no renewal price if you spend at least Rs. 4 lakh in the previous year.

4. Yes Premia/ELITE Credit Card

Joining Fee:	Rs. 999 + GST
Renewal Fees:	Rs. 999 + GST
Fee Waiver Conditions:	Spend more than Rs. 25,000 during the first ninety days of the card’s issuance to waive the joining charge, and spend at least Rs. 1.5 lakhs in the prior year to waive the renewal fee.

5. Wellness Plus Credit Card

Joining Fee:	Rs. 1,499 + GST
Renewal Fees:	Rs. 1,499 + GST
Fee Waiver Conditions:	Not Applicable

6. Yes Prosperity Edge/SELECT Credit Card

Joining Fee:	Rs. 399 + GST
Renewal Fees:	Rs. 399 + GST
Fee Waiver Conditions:	Spending Rs. 15,000 or more within 90 days of the card’s issuance waives the joining charge, and spending Rs. 75,000 or more in the prior year waives the renewal fee.

Other Fees & Charges

In addition to the annual fee, various fees and charges come with a credit card. These include interest rates, cash advance fees, foreign currency markup fees, over-limit fees, late payment charges, and more. Here are some of the key fees and charges applicable to YES Bank Credit Cards:

Interest rates on revolving credit:

• Range from 1.2% to 1.99% for credit cards issued by YES Private and Private Prime.
• 1.99% on the YES First Exclusive Card each month
• 3.5% monthly for every other card.

Cash Advance Fee:

• 2.5% of the transaction amount, with a minimum of Rs. 300 
• Nil for YES Private Credit Card

Foreign Exchange Markup Fee:

• 1.75% for YES First Exclusive and YES Private
• 2.5% for YES Priority
• 3.4% to 3.5% for each additional card

How To Activate Yes Bank Credit Cards?

Once your application for a YES Bank Credit Card is approved and you receive your card, the first step is to activate it. Here are different ways to activate your card:

To activate your Yes Bank Credit Card PIN, you have two separate methods to choose from, online and offline, which add to your convenience. This is how you would activate your Yes Bank credit card:

Via Internet Banking:

• Step 1 : Sign in to your Yes Bank net banking website on their online platform.
• Step 2 : Go to the ‘Credit Cards’ section and select ‘Credit Card Registration.’
• Step 3 : Find the ‘Set/Reset PIN’ tab and insert a 4-digit personal number of your choice.
• Step 4 : Click ‘submit’ and you will receive an OTP on your registered mobile number.5. Input the OTP that you received in order to complete the activation process.

Via Yes Bank Mobile Application:

• Step 1 : Go to either the Play Store or the App Store and download the Yes Bank iris mobile app.
• Step 2 : You can get in by entering your credentials or mPIN.
• Step 3 : Find and tap on the section ‘Cards’ and thereafter, choose ‘Credit Cards.’
• Step 4 : Click ‘Generate PIN’ and establish a unique 4-digit PIN.
• Step 5 : Having received the OTP, confirm the process by which your mobile number gets registered.

Via ATM:

• Step 1 : To your nearest Yes Bank ATM, go and place your credit card in the ATM.
• Step 2 : After you confirm your choice of language, find and select ‘Create PIN using OTP.’
• Step 3 : Type in the OTP received through text message on your mobile phone.
• Step 4 : Introduce the 4-digit PIN of yours and re-tap it to confirm your choice.

Via Customer Care:

If you have any trouble with your Yes First/Premier card, you can contact Yes Bank customer care, dial 1800 103 6000, and in case of Yes credit cards, then dial 1800 103 1212.

After navigating through the IVR that gives instructions, then you must provide the required details to make your card active.

Yes Bank Credit Cards Login/Net Banking

Login

• Visit the YES Bank official website at https://www.yesbank.in/.
• Click on the “Login” tab at the top right corner of the screen.
• Select “Credit Cards” and then click on “Get Started.”
• Click on “Continue” and proceed to the net banking page.
• Choose “Register Using Credit Card.”
• Type information about your card, such as the number, date of birth, and expiration date.
• Make a unique username and password for logging in.
• After you agree to the rules, click “Register Online.”
• An OTP is sent to the phone number that the bank already has on file for you.
• Complete online registration by entering the OTP code which you have just received.

Net-banking

• Log in to your net banking account on the YES Bank website.
• Access the net banking page at https://www.yesbank.in/retail-disclaimer.
• Proceed to net banking by selecting “Continue to Net Banking.”
• Log in using your existing Login ID and password.
• Navigate to the “Credit Card” option under the “Cards” tab.
• Choose to register a new credit card and input the necessary card details.
• Await confirmation from the bank once your card is successfully added.

How To Compare Yes Bank Credit Cards & Choose The Best One?

Selecting the ideal credit card involves more than just making a quick or impulsive decision on purchase. It requires thorough research and thoughtful deliberation.

First, examine your purchasing patterns closely to determine the typical spending patterns of your finances. You can use this understanding to determine what matters most to you in these areas. Examine the characteristics and advantages that each of the YES Bank credit cards has to offer next. Seek benefits that fit your lifestyle, such as travel rewards for frequent travellers or cashback on groceries. 

After you’ve selected a few, assess and contrast your choices. Think about each card in light of things like annual fees, rewards programmes, and any other features they may have. Consider how these features fit together with your financial objectives and spending habits. 

In the end, try to select a card that offers the best value for your particular situation while minimising additional costs and yearly fees. Recall that the objective is to locate a credit card that improves your financial situation and gives you incentives for your spending patterns. 

The Yes Bank Marquee Credit Card may be a desirable choice for individuals looking for a premium experience with increased benefits, even with its higher annual cost.

Conclusion

YES Bank Credit Cards, through an array of resplendent ancillary services and perks – such as cash rebates, travel vouchers, and lifestyle advantages – unequivocally stand out as your go-to option to meet different customer needs and preferences. The potential users can reap the full benefits of online applications to obtain a YES Bank Credit Card right from their homes. 

YES Bank, by meeting its clients’ desires for novel and high-quality financial products, makes the banking process more interesting. YES Bank Credit Cards, a coveted segment, are desirable options for new customers and keen credit card users who want to live a smart lifestyle, new trends, and new market offers from their bank.

FAQs