Yes Bank Select Credit Card

Yes bank Select credit card: 

Yes bank Select credit card Features: The card comes with exclusive features for the customers :

• Accelerated Rewards on Online Shopping
• Preferential Foreign Currency Markup at 2.75%
• Dedicated Reward Redemption Portal

Top Benefits of Yes Bank SELECT Credit Card: 

The benefits provided by the yes bank is useful for the new users and the existing users it mainly help for the shopping where the rewards helps the customer to buy the product because the rewards are provided by the cards which is useful for the next purchase 

Rewards are: 

• Earn 2X Reward on every INR 200 spent on Online Shopping.
• banking with Yes Bank
• Lifestyle Benefits
• Get great offers across travel, dining, shopping, wellness and more, in select cities.
• Foreign Currency Markup
• Preferential Foreign Currency Markup of 2.75% only.
• banking with Yes Bank

Additional Benefits of Yes Bank credit Card

Domestic Lounge Program: As a YES Bank customer, customers can enjoy one complimentary lounge visit within India each calendar quarter, adding a touch of comfort and convenience to the customer's travels.

Fuel surcharge waiver:

As a YES Bank customer, you can benefit from a 1% fuel surcharge waiver on transactions between INR 400 and INR 5,000, helping you save on everyday expenses. Plus, take advantage of the Complimentary Golf Program, which offers four free green fee rounds per year at select golf courses across India. You can also enjoy one complimentary golf lesson each month, perfect for improving your game at some of the best courses in the country.

• 1% surcharge waiver for transaction between INR 400 – INR 5,000banking with Yes Bank
• Complimentary Golf Program
•  And Enjoy 4 green fee waiver per year complimentary rounds of green fees per calendar year at Golf courses in India
• Enjoy 1 Golf lesson per year every calendar month at select golf courses in india

Banking with Yes Bank includes:

Insurance Coverage and Credit Shield cover of 3 Lac, Lost Card liability cover of 3 Lac

Reward Points :

Transaction Type

Reward Points

Online Shopping

8 YES Rewardz Points per INR 200 (except on select categories)

Offline Shopping

4 YES Rewardz Points per INR 200 (except on select categories)

Select Categories

2 YES Rewardz Points per INR 200

Air Miles Conversion

10 YES Rewardz Points = 1 InterMile / 1 Club Vistara Point

Yes Bank SELECT Credit Card Eligibility: The YES ACE Credit Card is available to individuals between 21 and 60 years of age, whether you're salaried or self-employed. To be eligible, you need a minimum net salary of INR 50,000 per month or an annual income of INR 7.5 lakhs or more, as reflected in your Income Tax Return.

• 21 to 60 years of age
• Salaried or self employed
• Minimum Net Salary of INR 50,000 per month or Income Tax Return of INR 7.5 Lakhs and above.

Select Card Fees and Charges : 

The first-year membership fee is ₹499 plus applicable taxes, but this can be waived if you spend ₹10,000 or more within the first 30 days of activating your card. For the renewal membership, there’s also a ₹499 fee plus taxes, which can be waived if you spend ₹1 lakh or more within the 12 months before your renewal date.

If you're carrying a balance, cash advances, or have overdue amounts, the interest rate is 3.80% per month (equivalent to 45.6% annually). For rental payments, a charge of 1% of the transaction value or ₹199 (whichever is higher) will apply, with a cap of three rental transactions every 30 days. Wallet transactions will have a minimum fee of 1% of the transaction value or ₹1, whichever is higher.

When it comes to utility bill payments, no fees are applied if you spend less than ₹15,000 in a month. However, for utility spends over ₹15,000, a 1% fee plus GST will apply, with the fee capped at ₹3,000 per month. For example, spending ₹10,000 in a month will not incur any fees, while spending ₹20,000 will attract a fee of ₹200 plus taxes.

From October 1, 2024, a 1% fee plus GST will apply to education payments made via third-party platforms such as CRED, PhonePe, and No-broker, with the fee capped at ₹5,000 per month. Similarly, for fuel transactions exceeding ₹10,000 in a calendar month, a 1% fee plus GST will be charged, also capped at ₹5,000 per month. For instance, spending ₹9,000 on fuel won’t attract any fees, but spending ₹20,000 will result in a fee of ₹200 plus taxes.