The YES Bank Select Credit Card is one level above the entry-level credit card by YES Bank. Its joining fee is INR 599 + GST, and the renewal membership fee is also INR 599 + GST. Both fees can be waived if you spend a certain amount within a specific period.
This card gives you reward points every time you spend, whether online or offline. This card was previously known as YES PROSPERITY EDGE.
The most unique thing about this credit card is that it provides 2X rewards on every ₹200 spent and one complimentary airport lounge visit within India per calendar quarter.
This card has additional features like insurance coverage, a purchase protection plan, foreign currency markup fees, fuel surcharge waiver, and more. Further details are mentioned in the article below.
Table of Contents
Yes Bank Select Credit Card Highlights
| Feature | Details |
|---|---|
| Reward Type | Reward Points |
| Joining Fee | INR 599 + GST (Annual fee will be waived off on retail spending of INR 10,000 within one month of card activation.) |
| Renewal Fee | INR 599 + GST (waived off on retail spending of INR 1 lakh within 12 months.) |
| Joining Benefits | No joining bonus |
| Best Suited For | Shopping |
| Lounge Access | Domestic Lounge Access- 1 free visit every quarter International Lounge Access—not available |
| Fuel Surcharge Waiver | 1% Fuel surcharge waiver across all fuel stations between Rs. 400 and Rs. 5,000 |
Rewarding Rate of Yes Bank Select Credit Card
| Category | Cashback Earned | Monthly Capping |
|---|---|---|
| Online Shopping | 8 YES Rewardz Points per ₹200 | 5,000 YES Rewardz Points per billing cycle. |
| Offline Shopping | 4 YES Rewardz Points per ₹200 | |
| Select Categories | 2 YES Rewardz Points per ₹200 |
- YES Rewardz Points will not be awarded on rental, wallet, fuel, government & marketing/advertising transactions, cash withdrawals, post-purchase EMI & instant EMI transactions.
- Maximum Capping: You can earn up to 5,000 YES Rewardz Points per billing cycle.
Additional Benefits of the Yes Bank Select Credit Card
🏌️♂️ Golf Program
- 4 Free Green Fee Waivers at select golf courses across India
- 1 Complimentary Golf Lesson every calendar month at select golf courses
🛡️ Insurance Coverage
- Purchase Protection Plan: Insurance cover of up to INR 50,000 in accidental damage for 6 months for mobiles and electronics purchased online.
- Credit Shield Cover: 3 lakh
- Lost Card Liability Cover: 3 lakh
Other Fees & Charges for Yes Bank Select Credit Card
| Charge Type | Fee/Rate | Additional Info |
|---|---|---|
| Interest on Overdue | 3.99% monthly (47.88% annually) | Applicable to outstanding dues |
| Rental Transactions | 1% or INR 1 (whichever is higher) | Capped at 3 transactions per 30 days |
| Wallet Transactions | 1% or INR 1 (whichever is higher) | Applies to wallet reloads |
| Education Payments | 1% + GST (Capped at INR 5,000/month) | Via CRED, PhonePe, NoBroker, etc. Effective from 1 Oct 2024 |
| Utility Payments | 1% + GST (Above INR 15,000/month) | Capped at INR 3,000/month |
| Foreign Currency Mark-up | 2.75 % of the transaction amount | Applies to all international transactions |
Eligibility Criteria for YES Bank Select Credit Card
- Age between 21 to 60 years
- Applicant can be salaried or self-employed
- Salaried: Minimum monthly net salary of INR 50,000
- Self-Employed: Annual Income Tax Return (ITR) of INR 7.5 Lakhs or above
Final verdict: Should You Get This
This card comes with a nominal joining fee of ₹599 + GST, which will be waived on retail spending of ₹10,000 within one month of card activation. Not great, but decent Reward Points.
If you can spend a minimum of ₹1 lakh in a year, then this card might be worth considering
Check Credit Card EligibilityYes Bank Select Credit Card Phone Banking numbers 📞
- In India: 1860 210 1200
- For calls from overseas to India: +91 (22) 50795101
- Email address: [email protected]