YES Bank ACE Credit Card
Shopping
Reward Points
Online Shopping
1st Year Fee: ₹499* Plus Applicable Taxes
Online Shopping
4X rewards on online spends
Offline Shopping
2X rewards on offline spends
Fuel
1% fuel surcharge waiver on fuel spends
Find Best Credit Card Offers
It hardly takes 2 minutes
+91
0 /10 Digits
Don't worry, this will not affect your credit score
The entered number doesn't seem to be correct
About YES Bank ACE Credit Card
YES Bank ACE Credit Card is an entry-level credit card best suited for earning reward points on everyday spends. The card offers 4X rewards (8 points per Rs. 200 spent) on online shopping. Besides this, cardholders can earn 2 points per Rs. 200 on select merchant spends and 2X reward points on other offline spends.
What sets this card apart is that, in addition to the regular rewards program, cardholders can earn up to 5X reward points on their spends through subscription plans. Although these subscription plans charge an annual fee of up to Rs. 2,000, they can help you save significantly on your everyday expenses.
Additional benefits like joining and annual fee reversal and a fuel surcharge waiver further add to the card’s overall value. This card is a suitable option for new to credit individuals who are looking to maximize their benefits on both online and offline spends.
Note: This Card is not available on Paisabazaar. The content on this page is for information only. To express interest in this card, please visit YES Bank’s website.
Rewards Program
Reward Earning
- 8 YES Rewardz Points per Rs. 200 spent on online shopping, up to 5,000 points per month
- 4 YES Rewardz Points per Rs. 200 spent on offline shopping1
- 2 YES Rewardz Points per Rs. 200 on select merchant spends
Cardholders can also earn up to 5X reward points via Rewards Subscription Plan
Subscription Plan 12
- Annual Fee: Rs. 1,000
- 2X reward points on online spends
- 3X reward points on offline spends & select categories
YES Bank ACE Credit Card: Other Features & Benefits
Joining Fee Reversal
- Joining fee reversed on spending Rs. 5,000 within one month of card setup
Annual Fee Reversal
- Annual fee reversed on spending Rs. 50,000 in a year
Fuel Surcharge Waiver
- 1% fuel surcharge waiver, up to Rs. 125 per month, on fuel spends worth Rs. 400 to Rs. 5,000
Fees and Charges
| Particulars | Amount | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining Fee | Rs. 499 + Applicable Taxes | ||||||||||||
| Annual Fee | Rs. 499 + Applicable Taxes | ||||||||||||
| Finance Charges | 3.99% p.m. | 47.88% p.a. | ||||||||||||
| Late Payment Charges |
|
Things to Know Before you apply
Get this card if
You are looking for an entry-level credit card primarily focused on reward points
You frequently shop online and want to maximize benefits through accelerated rewards
You can spend Rs. 50,000 in a year to avail the annual fee waiver
You want to earn accelerated rewards on everyday spends via subscription plans
Eligibility Criteria
Age Requirement: 21 to 60 years
Income Requirement: Rs. 25,000 per month for Salaried Individuals
Income Requirement: ITR of Rs. 7.5 Lakh or more for Self-employed Individuals
Paisabazaar Review
What do we like about this card?
YES Bank ACE Credit Card offers 4X rewards on online and 2X rewards on offline spends, making it a suitable option for everyday expenses. The card further offers subscription-based reward plans, allowing users to earn up to 5X rewards on regular spends. Additionally, it comes with easily achievable spending milestones for joining and annual fee reversal, enhancing the card’s overall value.
Pros
- 4X reward points on online spends
- Additional reward points through subscription plans
- Joining and annual fee reversal with easily achievable spending milestone
Cons
- No travel or lifestyle-related benefits
- No reward points on rent, fuel, and UPI transactions
Conclusion
YES Bank ACE Credit Card is a rewards-focused card offering accelerated benefits on online shopping. While the card allows you to enhance overall value through additional rewards on regular spends via subscription plans, it charges an annual fee of up to Rs. 2,000, which may not be convenient for some consumers. Also, being an entry-level card, it doesn\'t offer much beyond the rewards program. Therefore, if you\'re planning to start your credit journey and are looking for a card with basic benefits, this can be a suitable option.
Frequently Asked Questions
Everything you need to know about this credit card
If your credit score is above 750, then there are high chances that your application for YES Bank ACE Credit Card will be approved. But if your credit score is 350, which is considered to be poor, some issuers might reject your application.
No, YES Bank ACE Credit Card does not charge a fuel surcharge fee on your fuel spends between Rs. 400 and Rs. 5,000. You can avail a maximum waiver of Rs. 125 per month.
You can apply online by visiting the official website of YES Bank and submitting a duly filled application form along with relevant documents. You can also apply offline by visiting the nearest branch of the bank and submitting the application form in person.
If you have YES Bank ACE Credit Card, you will have to pay a cash advance fee of 2.5% of the transacted amount or a minimum of Rs. 300 (whichever is higher) which will be billed in the next monthly statement. The transaction fee is subject to change at the sole discretion of the bank.
Yes, if you are a YES Bank account holder, you can easily make credit card bill payment through net banking.
No, to apply for YES ACE Credit Card, you must be between 21 to 60 years old.
YES Bank ACE Credit Card is primarily a rewards-focused credit card. It offers 3X rewards on online spends, 2X rewards on offline spends, and a base reward rate of 2 points per Rs. 200 spent on select merchant categories. In addition to this, the card comes with basic benefits such as joining & annual fee waiver, fuel surcharge waiver, and insurance coverage.
No, YES Bank ACE Credit Card does not offer any lounge access benefits. However, it allows you to save on your online travel spends by offering accelerated reward points on online transactions.
YES Bank ACE Credit Card is available in both RuPay and Visa variants. You can choose the variant based on your eligibility & preference and earn benefits on both online & offline transactions.
The credit limit for YES Bank ACE Credit Card is determined by the bank after assessing several factors, such as your monthly income, credit score, repayment history, and more. The final credit limit will be communicated to you once your application is approved.
Footnotes
- Rent, Wallet, Fuel, UPI, Government & Marketing/ Advertising category transactions, cash withdrawals and transactions converted to EMI are not eligible for earning reward points.
- Additional YES Rewardz Points per statement cycle are capped at 75,000 points.
Click here to know More Terms and Conditions
Shruti Sharma
Shruti Sharma is a skilled content writer with a passion for simplifying personal finance for consumers. Specializing in credit cards and financial planning, she offers valuable insights that empower individuals to make informed financial choices. Through her writing, she shares practical tips and guides readers through the nuances of credit card usage.
Explore other Card Categories
Explore Cards from Leading Issuers
Check eligibility for best credit cards
Check Eligibility