"YES Bank's most accessible card โ lifetime free with domestic lounge access, rewards on utilities and insurance, and 2% forex markup"
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Quick Summary
๐ณ Joining Fee
Nil โ Lifetime Free (on select offers)
๐ Renewal Fee
Nil โ Lifetime Free
Waived: No fee โ lifetime free on select offers
๐ฏ Best Suited For
Entry-level card seekers from YES Bank who want a no-fee card with basic lounge access and rewards that include utilities and insurance
๐ Reward Type
YES Rewardz Points (1 RP = โน0.25; never expire)
๐ Welcome Benefit
Check current welcome offer on YES Bank website
๐ฐ Reward Rate
4 YES Rewardz Points per โน200 on online spends (1% effective); 2 Rewardz Points per โน200 on other eligible spends (0.5%); earns on utilities, insurance, education; Rewardz Points never expire
โ๏ธ Lounge Access
1 complimentary domestic airport lounge visit per quarter on spending โน10,000 in preceding quarter
Domestic lounge on achievable โน10K quarterly spend
Low 2% forex markup โ unusual for an entry card
Earns on utilities, insurance, education
Rewardz Points never expire
Movie discounts
โ Cons
Verify current LTF offer on YES Bank website
YES Bank had reconstruction in 2020 โ stable now
Base reward rate 0.5% is average
1 RP = โน0.25 is low
Limited brand offers vs larger banks
๐ Rewards & Benefits
Reward Type
YES Rewardz Points (1 RP = โน0.25; never expire)
Welcome Benefits
Check current welcome offer on YES Bank website
Reward Rate
4 YES Rewardz Points per โน200 on online spends (1% effective); 2 Rewardz Points per โน200 on other eligible spends (0.5%); earns on utilities, insurance, education; Rewardz Points never expire
Reward Redemption
YES Rewardz portal: statement credit, vouchers, merchandise; 1 RP = โน0.25; RPs never expire
Fuel Surcharge Waiver
1% fuel surcharge waiver at all fuel stations
Lounge Access
1 complimentary domestic airport lounge visit per quarter on spending โน10,000 in preceding quarter
Spend Based Fee Waiver
Not applicable โ lifetime free
Milestone Benefits
Lounge on โน10K quarterly spend; movie tickets on spend milestones
Other Benefits
Domestic lounge access on achievable โน10K quarterly spend; 2% forex markup โ low; earns on utilities, insurance, education; fuel surcharge waiver; movie discounts; contactless payments
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Zero liability on reporting
Add-on Cards
Add-on cards for family
Concierge Services
Details coming soon
Special Offers
Lounge on โน10K quarterly; 2% forex; earns on utilities; movie discounts
๐ณ Fees & Interest Rates
Joining Fee
Nil โ Lifetime Free (on select offers)
Annual Fee / Renewal Fee
Nil โ Lifetime Free โ Waived on: No fee โ lifetime free on select offers
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.6% per month (43.2% per annum)
ATM Cash Withdrawal / Cash Advance
2.5% of withdrawn amount, minimum โน500
Late Payment Charges
As per YES Bank prevailing slab
Over Limit Charges
As per YES Bank policy
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
Verify current LTF offer and benefits on YES Bank website; YES Bank underwent reconstruction in 2020 โ stable now
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 21+ years; salaried or self-employed; minimum monthly income โน20,000; Indian resident
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