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YES Bank EMI Card: Entry-level Card, Low Reward Rate

Home YES Bank YES Bank EMI Card: Entry-level Card, Low Reward Rate
Published: 29-08-2024 13:10:26 PM

YES Bank EMI Card is an entry-level card suited to the needs of beginners. The card comes with a low income requirement of Rs. 25,000 per month and comes with a unique feature wherein transactions above a pre-set limit will be automatically converted into EMI. Interest rate of 16% will be applicable on these EMIs along with a 1% processing fee. Read on to know all about this credit card.

YES Bank EMI Card: Key Highlights
Joining Fee Rs. 499
Annual Fee Rs. 499 (waived off on annual spends of Rs. 1.2 Lakh)
Key Feature Auto convert transactions (above a pre-set value) into EMIs
Reward Rate 1% cashback across all non-EMI spends (max. cashback of Rs. 500 per month)

Note: This card is not available on Paisabazaar.com. The content on this page is for information only. To express interest in this card, please visit YES Bank’s website.

YES Bank EMI Card: Features and Benefits
YES Bank EMI Card: Fees and Charges
YES Bank EMI Card: Eligibility and Documentation
Cards Similar to YES Bank EMI Card
YES Bank EMI Card: Features and Benefits
  • Amazon voucher worth Rs. 500 as welcome benefit on spending Rs. 1,000 within 30 days of card issuance
  • 1% cashback across all spending categories, up to Rs. 500 per month
  • Transactions converted into EMI will not be eligible for cashback
  • Auto convert credit card transactions (of a pre-set value) into EMIs at 16% rate of interest
  • Low processing fee of 1% on EMI conversion
  • EMI tenure ranging from 3 months to 12 months
  • Fuel surcharge waiver for transaction value of Rs. 400 to Rs. 5,000
  • Credit shield cover
YES Bank EMI Card: Fees and Charges
Fee Type Amount
Joining Fee Rs. 499
Annual Fee Rs. 499 (waived off on annual spends of Rs. 1.2 Lakh)
Finance Charges 3.80% p.m.| 45.6% p.a.
Late Payment Charges For Statement Balance:

  • Below Rs. 100: Nil
  • Between Rs. 101 to Rs. 500: Rs. 150
  • Between Rs. 501 to Rs. 5,000: Rs. 500
  • Between Rs. 5,001 to Rs. 20,000: Rs. 750
  • Above Rs. 20,000: Rs. 1,000
YES Bank EMI Card: Eligibility and Documentation

Before applying for YES Bank EMI Card, one should check the eligibility terms related to age, occupation and minimum income, as shown below:

Criteria Details
Occupation Salaried or Self-employed
Age 21-60 years
Minimum Income Rs. 25,000 per month or ITR of Rs. 7.5 Lakh or more
Cards Similar to YES Bank EMI Card
Credit Card Annual Fee Best Feature
HDFC EasyEMI Credit Card Rs. 500 2.5% cashback on all online spends and 1% cashback on all offline spends
SBI Simply SAVE Credit Card Rs. 499 10 reward points per Rs. 150 spent on dining, movies, grocery and departmental stores
ICICI Platinum Chip Credit Card Nil 2 reward points for every Rs. 100 spent on retail purchases
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