Synopsis: YES BANK introduced revisions to its credit card policies, featuring higher spending thresholds for Cash advance fees, Auto-Debit failure charges, Cash Deposit Fees, Cheque Deposit Fees, Card re-Issuance Fees, and more. Despite these devaluations, four cards remain highly rewarding for Indian consumers.
YES BANK has made few important changes regarding Credit Cards which will be effective from June 15, 2026. The changes primarily concentrate on bills, loading on wallets, transport costs, and the conditions for waiving the annual fees. The changes are likely to affect the way that consumers use their cards for everyday purchases.
The Significant Changes are
- Cash advance fee: A Cash Withdrawal will be charged 2.5% of the amount withdrawn or INR 650 whichever is higher. This fee is not applicable with any Virtual RuPay Credit Card.
- Auto-Debit failure charges: 2.5% of auto-debit amount or INR 500 (whichever is more), per auto-debit failure/return will be charged as transaction charge. The amount per customer per statement can be capped at INR 5000.
- Cash Deposit Fee: In case of cash deposit, a fee of INR 500 will be charged at YES BANK. If the amount of deposit is INR 1000 or above, then branches towards Credit Card repayment.
- Cheque Deposit Fee: If the amount deposited with Cheque is INR 1000 or above, then a fee of INR 250 will be charged on the deposit amount.
- Card Re-issuance Fee: A fee of INR 199 will be charged for card reissuance in the event it is lost, stolen or damaged. The fee will be charged for each request for replacement. The fee doesn’t apply to any Virtual RuPay card. The updated fee is only available for the plastic card. Re-issue charges will not change for BYOC Eco-friendly and Metal cards.
- Forex mark-up:
- Cardholders of premium accounts like YES First Preferred and YES First Business will have a structured mark-up fee of 2.00%.
- The fee for intermediate versions of the card, in particular Elite+ and YES Prosperity Business, is 3.00%.
- Regular and co-branded categories of cards like ACE, FinBooster, Select, Klick, RuPay Virtual UPI Card, ANQ Phi, YES Prosperity Rewards and both variants of YES Prosperity Cashback will face a mark-up fee of 3.50%.
- Fuel Surcharge waiver:
- Customers who use standard variants like ACE, FinBooster, Select, BYOC, Wellness, Wellness Plus, Klick, RuPay Virtual UPI Card, ANQ Phi, YES EMI Card, YES Prosperity Rewards and YES Prosperity Cashback variants of the smart cards need to spend between ₹500 and ₹3,000 in a single fueling.
- Elite+ cardholders, spanning between INR 500 and INR 4,000.
- Premium categories like the YES First Preferred, YES First Business and the YES Prosperity Business come with the widest range and include waivers for fuel transactions ranging from INR 500 to INR 5,000.
- The transactions not within the INR 2500 to 10,000 limits will not be eligible for waiver.
- Rewards Program: Transactions in categories like Insurance, Education, Railways, Toll, and Jewellery will no longer earn any Reward Points for most major card variants (such as YES First Preferred, Elite+, ACE, Select, etc.)
Top 4 YES BANK Credit Cards with maximum benefits
1. Yes Bank Pop-Club Credit Card
- Entry fee: Free
- Annual Membership Fee (Renewal): ₹399 + GST (If you achieve a spend milestone of ₹1.5 Lakhs in a particular year, then the renewal fee will be completely waived off in that year.
- Welcome & Milestone Benefits
- 400 POPcoins are given on paying the annual fee of ₹399. If you cross spend of ₹1.5 Lakhs in the Anniversary year, then you will also earn an extra 1500 POPcoins, both Regular and Lifetime Free card holders can avail of this benefit.
- Lifestyle benefits: The card is based on the concept of earning POPcoins (worth up to ₹1) which can be redeemed on its partner brands such as Blinkit, Zomato, PharmEasy, Rapido, Cleartrip etc.
- Online Spends: With a 10 for 100 on online spends, you’ll earn a purchase of POPcoins for every ₹100 you spend on eCommerce/online transactions.
- Other Spends (excluding UPI): Earning 2 POPcoins per ₹100 spent on all other spends such as RuPay UPI transactions.
- Minimum Transaction: To earn POPcoins, you should purchase at least in ₹100. POPcoins will be valid for 1 year (365 days) from the date they are credited.
- Fuel Surcharge Waiver
- From 1st June 2026: New Rules – Overage of 1% fuel surcharge for transactions of ₹400 to ₹5,000. Maximum waiver of ₹300 in each statement cycle.
- New Rules (Effective June 1, 2026): 1% fuel surcharge waiver is for transactions between ₹1,000 and ₹3,500 and maximum fuel surcharge waiver is ₹100 per statement cycle.
- The interest rate is 3.99% monthly (47.88% per year) for revolving credit, cash advance and overdue amounts.
To apply for the card, please visit the Official Website
Also read: Top 7 Credit Cards for Low Credit Score in 2026 – Best Options to Rebuild Your Credit Score Safely
2. Kredit.Pe Yes Bank LTF UPI Credit Card
- Joining Fee: ₹499 + GST.
- Joining fee waiver: If you spend ₹5,000 within 30 days after card activation, it is totally waived.
- Annual / Renewal Fee: ₹499 + GST. Get the first year of annual membership cost free with spending of ₹50,000 during the membership year. This allows it to be considered a lifetime-free (LTF) card.
- Welcome & Milestone Benefits
- Activation Bonus: Get a cashback bonus of ₹1,000 when you open a Kredit account.Pe application.
- Reward: Get a higher 5% cashback as a Milestone Boost on monthly UPI spends of ₹25,000.
- Insurance Coverage: The insurance coverage comes with a Credit Shield insurance cover of ₹1 lakh and a Lost Card Liability cover of ₹1.3 lakh.
- Lifestyle & Reward Benefits
- UPI Cashback: Get Unlimited 3% cashback on all UPI transactions from Kredit.Pe app.
- Digital Gold: 5% cashback (and up to a 7% instant discount) when purchasing digital gold on the Kredit.Pe app.
- Yes Bank Rewards Platform: 8 Reward points for every ₹200 spent online.
- Offline: 4 reward points for every ₹200 spent. For every ₹200 spent on utilities, insurance and education, 2 reward points will be earned.
- Note: Points can be redeemed for ₹0.25 for vouchers, lifestyle or miles.
- Dining Discounts: YES Bank’s Dining Fiesta; you can avail a minimum discount of 15% at over 1000 restaurants across major cities of India.
- Purchase Protection: Damage cover for mobile phone and electronic goods, up to ₹50,000, for those purchased online (only for a period of 6 months after purchase).
- Fuel Surcharge Waiver: 1% waiver on fuel surcharges for transactions of amount between ₹400 and ₹5,000 in all fuel stations in India (up to ₹125 per month).
- Forex Markup Fee: 2.75% for non-domestic currency ones.
To apply for the card, please visit the Official Website
3. Yes bank Kiwi Credit Card
- Joining Fee: 0
- Annual Fee: 0 (A lifetime free card, with no annual fee).
- Base UPI Rewards: ₹5 Cashback for UPI transactions up to 5% (Min ₹499). Depending on the partner bank variant, 100) and online payments are possible.
- YES BANK Kiwi: 2 YES Rewardz for every ₹200 spent on non-UPI transactions.
- 1.5% cashback on paying UPI scan via the Kiwi app.
- 0.5% Cashback on Online Payments
- One time EMI: Convert purchase balance into EMI Convert 1500 ad above to simple EMIs.
- YES PayNow & E-mandate: Register standing payment for electricity, gas, water, TV, internet, insurance etc. with ease.
- 1% Fuel Surcharge Waiver: Get fuel surcharge discount at fuel retail stores in India. The maximum amount of the waiver is Rs. 250 per statement cycle (the GST is not waived on the surcharge).
- Forex Markup Fee: The standard Forex Markup Fee of YES BANK (usually 3.5% + GST) will apply. This virtual RuPay card has been optimized completely for P2M (Passenger to Merchant) transactions for India.
- With Kiwi Neon Membership:
- 0.5% Cashback on online payments
- 2% Cashback on UPI scan via Kiwi app
- 5% Cashback on spends over ₹1.5 lakhs
- Complimentary lounge access benefits
To apply for the card, please visit the Official Website
Conclusion
The updated rates of YES BANK of Credit Card Charges from 15.06.2026, are mainly targeted at service related charges and transaction handling charges. The changes could slightly raise cardholders’ costs but may be worth reading through the updated fee structure to avoid unnecessary charges and to manage the use of the credit card more efficiently.
Written by Boyapati Sai Jasmitha
