YES Bank BYOC Credit Card: Features, Eligibility, and Fees
YES Bank BYOC Credit Card: Features, Eligibility, and Fees
Mar 21, 2024
15 Mins
Introduction:
In an exciting development, YES Bank has launched its innovative Build Your Own Card (BYOC) credit card. The BYOC credit card allows you to personalize your own credit card, tailored specifically to suit your preferences and lifestyle. Packed with exclusive privileges and a range of exciting benefits, this card is designed to enrich your banking experience.
Apply Now on YES Bank Website
Key Highlights of the YES Bank BYOC Credit Card
Let's take a look at the key highlights of the YES Bank BYOC credit card:
Joining Fee:
The joining fee for the card varies from Rs. 249 to Rs. 3,499 (plus taxes), depending on the card variant.
Monthly Subscription Fee:
The monthly subscription fee ranges from Rs. 99 to Rs. 299, depending on the card variant.
Welcome Benefit:
By spending Rs. 1000 within the first 30 days, you can avail of a FREE Amazon voucher worth Rs. 500.
Key Benefits:
The YES Bank BYOC credit card offers a plethora of advantages, including the option to choose between 1% cashback on all transactions or earning 8 reward points for every Rs. 200 spent. Cardholders can also enjoy one complimentary visit to select domestic airport lounges, a free golf lesson per year at renowned Indian golf courses, and much more.
Rewards:
With the YES Bank BYOC credit card, you can earn 8 reward points for every Rs. 200 spent.
Age Requirement:
Applicants must be between 21 and 60 years old to be eligible for this credit card.
Minimum Net Salary:
To be eligible for the YES Bank BYOC credit card, applicants must have a minimum net salary of Rs. 25,000 per month or a minimum Income Tax Return (ITR) of Rs. 7.5 Lakhs.
Foreign Currency Mark-up:
The credit card has a foreign currency mark-up charge of 3.5%.
Features & Benefits of YES Bank BYOC Credit Card
Here are the main features and benefits of the YES Bank BYOC credit card:
Welcome Benefit:
Upon activation, cardholders can avail of a FREE Amazon voucher worth Rs. 500 by spending at least Rs. 1000 within the first 30 days.
Airport Lounge Access:
With the YES Bank BYOC credit card, you can enjoy one complimentary visit to select domestic airport lounges. This offer is limited to one visit per quarter for the primary card member and is available at airports in cities such as New Delhi, Ahmedabad, Amritsar, Bangalore, and many more.
Golf Benefits:
Golf enthusiasts will be delighted by the four green fee waivers per year and the opportunity to receive one golf lesson per year at select golf courses in India.
Insurance:
In the unfortunate event of the accidental death of the primary cardmember, the credit shield cover of Rs. 2.5 Lakhs from YES Bank will provide financial protection.
Fuel Surcharge Waiver:
Cardholders can benefit from a 1% fuel surcharge waiver on transactions at all fuel stations across India, applicable for transactions ranging from Rs. 400 to Rs. 5,000.
Dining Benefit:
With the YES Bank BYOC credit card, you can enjoy a minimum 15% discount on dining at select restaurants.
Instant EMI Facility:
The card offers the convenience of the Instant EMI service, allowing you to pay for your purchases in installments. This facility is available for transactions starting from as low as Rs. 1,500, with flexible tenure options ranging from 3 to 36 months.
Other Benefits:
The YES Bank BYOC credit card ensures a personalized experience by allowing you to customize your card with an image of your choice. Additionally, you can select between 1% cashback on all transactions or earning 8 reward points for every Rs. 200 spent. The card also offers an EMI on Call facility, a loan amount within your card limit, secure online transactions, and contactless transactions with NFC-enabled technology.
YES Bank BYOC Credit Card Offer Plans
With the YES Bank BYOC credit card, you have the flexibility to choose and change your personalized merchant offers on a monthly basis. Take a look at the offer plans available below:
Silver Plan: Rs. 99 + GST
Gold Plan: Rs. 149 + GST
Platinum Plan: Rs. 249 + GST
Under the selected plan, cardholders can earn 10% cashback on any amount spent on popular platforms such as BookMyShow, Swiggy, PharmEasy, Uber, and BigBasket. The cashback is capped at Rs. 100 per merchant per statement cycle.
YES Bank BYOC Credit Card Fees and Charges
Let's explore the fees and charges associated with the YES Bank BYOC credit card:
One-time fee:
The one-time fee for the card is either Rs. 249 (plus taxes) for the eco-friendly card or Rs. 3,499 (plus taxes) for the metal card.
Monthly fee:
The monthly fee depends on the selected perks and active merchant plans. For BYOC Cashback, the fee is Rs. 99 (plus taxes), while for BYOC Rewards, the fee is Rs. 49 (plus taxes). However, for cards on-boarded before 1st October 2023, the fee is reduced to Rs. 49 (plus taxes) for both variants.
Subscription Plan Fee:
There is a subscription plan fee based on the plan chosen. The Silver plan has a fee of Rs. 99 + GST, the Gold plan has a fee of Rs. 149 + GST, and the Platinum plan has a fee of Rs. 249 + GST.
Charges for revolving credit, cash advances & overdue amounts:
The applicable charges for revolving credit, cash advances, and overdue amounts are 3.80% per month (equivalent to 45.60% annually).
Foreign currency mark-up:
The credit card carries a foreign currency mark-up charge of 3.5%.
Charges for rental & wallet transactions:
For rental and wallet transactions above Rs. 1, a minimum charge of 1% of the transaction value or Rs. 1 (whichever is higher) is applicable, effective from 1st November 2023.
YES Bank BYOC Credit Card Eligibility
To be eligible for the YES Bank BYOC credit card, applicants must fulfill the following criteria:
Age: Applicants must be between 21 and 60 years old.
Occupation: Applicants can be salaried individuals or self-employed.
Minimum Net Salary: Applicants must have a minimum net salary of Rs. 25,000 per month or an Income Tax Return (ITR) of Rs. 7.5 Lakhs and above.
YES Bank BYOC Credit Card Documents Required
To apply for the YES Bank BYOC credit card, you will need to provide the following documents:
Copy of PAN Card/ Form 60
Recent passport-size photographs
Latest Salary Slip/ ITR as proof of income
Electricity Bill/ Landline Telephone Bill/ Passport/ Ration Card as address proof
Aadhaar Card/ Passport/ Driving License/ PAN Card as identity proof
Please note that the above list of documents is indicative and may vary depending on individual cases.
How to Apply for YES Bank BYOC Credit Card?
To apply for the YES Bank BYOC credit card, follow these simple steps:
Visit the official YES Bank website and navigate to the YES Bank BYOC credit card page.
Fill out the online application form by providing basic details.
Check your eligibility for the card.
Submit your credit card application.
Complete the KYC process.
Don't miss out on the opportunity to personalize your own credit card. Apply for the YES Bank BYOC credit card today and experience a new level of banking freedom and convenience.
Disclaimer: The information provided in this article is subject to change as per bank guidelines. Please visit the official YES Bank website or contact their customer service for the latest updates and details.
Introduction:
In an exciting development, YES Bank has launched its innovative Build Your Own Card (BYOC) credit card. The BYOC credit card allows you to personalize your own credit card, tailored specifically to suit your preferences and lifestyle. Packed with exclusive privileges and a range of exciting benefits, this card is designed to enrich your banking experience.
Apply Now on YES Bank Website
Key Highlights of the YES Bank BYOC Credit Card
Let's take a look at the key highlights of the YES Bank BYOC credit card:
Joining Fee:
The joining fee for the card varies from Rs. 249 to Rs. 3,499 (plus taxes), depending on the card variant.
Monthly Subscription Fee:
The monthly subscription fee ranges from Rs. 99 to Rs. 299, depending on the card variant.
Welcome Benefit:
By spending Rs. 1000 within the first 30 days, you can avail of a FREE Amazon voucher worth Rs. 500.
Key Benefits:
The YES Bank BYOC credit card offers a plethora of advantages, including the option to choose between 1% cashback on all transactions or earning 8 reward points for every Rs. 200 spent. Cardholders can also enjoy one complimentary visit to select domestic airport lounges, a free golf lesson per year at renowned Indian golf courses, and much more.
Rewards:
With the YES Bank BYOC credit card, you can earn 8 reward points for every Rs. 200 spent.
Age Requirement:
Applicants must be between 21 and 60 years old to be eligible for this credit card.
Minimum Net Salary:
To be eligible for the YES Bank BYOC credit card, applicants must have a minimum net salary of Rs. 25,000 per month or a minimum Income Tax Return (ITR) of Rs. 7.5 Lakhs.
Foreign Currency Mark-up:
The credit card has a foreign currency mark-up charge of 3.5%.
Features & Benefits of YES Bank BYOC Credit Card
Here are the main features and benefits of the YES Bank BYOC credit card:
Welcome Benefit:
Upon activation, cardholders can avail of a FREE Amazon voucher worth Rs. 500 by spending at least Rs. 1000 within the first 30 days.
Airport Lounge Access:
With the YES Bank BYOC credit card, you can enjoy one complimentary visit to select domestic airport lounges. This offer is limited to one visit per quarter for the primary card member and is available at airports in cities such as New Delhi, Ahmedabad, Amritsar, Bangalore, and many more.
Golf Benefits:
Golf enthusiasts will be delighted by the four green fee waivers per year and the opportunity to receive one golf lesson per year at select golf courses in India.
Insurance:
In the unfortunate event of the accidental death of the primary cardmember, the credit shield cover of Rs. 2.5 Lakhs from YES Bank will provide financial protection.
Fuel Surcharge Waiver:
Cardholders can benefit from a 1% fuel surcharge waiver on transactions at all fuel stations across India, applicable for transactions ranging from Rs. 400 to Rs. 5,000.
Dining Benefit:
With the YES Bank BYOC credit card, you can enjoy a minimum 15% discount on dining at select restaurants.
Instant EMI Facility:
The card offers the convenience of the Instant EMI service, allowing you to pay for your purchases in installments. This facility is available for transactions starting from as low as Rs. 1,500, with flexible tenure options ranging from 3 to 36 months.
Other Benefits:
The YES Bank BYOC credit card ensures a personalized experience by allowing you to customize your card with an image of your choice. Additionally, you can select between 1% cashback on all transactions or earning 8 reward points for every Rs. 200 spent. The card also offers an EMI on Call facility, a loan amount within your card limit, secure online transactions, and contactless transactions with NFC-enabled technology.
YES Bank BYOC Credit Card Offer Plans
With the YES Bank BYOC credit card, you have the flexibility to choose and change your personalized merchant offers on a monthly basis. Take a look at the offer plans available below:
Silver Plan: Rs. 99 + GST
Gold Plan: Rs. 149 + GST
Platinum Plan: Rs. 249 + GST
Under the selected plan, cardholders can earn 10% cashback on any amount spent on popular platforms such as BookMyShow, Swiggy, PharmEasy, Uber, and BigBasket. The cashback is capped at Rs. 100 per merchant per statement cycle.
YES Bank BYOC Credit Card Fees and Charges
Let's explore the fees and charges associated with the YES Bank BYOC credit card:
One-time fee:
The one-time fee for the card is either Rs. 249 (plus taxes) for the eco-friendly card or Rs. 3,499 (plus taxes) for the metal card.
Monthly fee:
The monthly fee depends on the selected perks and active merchant plans. For BYOC Cashback, the fee is Rs. 99 (plus taxes), while for BYOC Rewards, the fee is Rs. 49 (plus taxes). However, for cards on-boarded before 1st October 2023, the fee is reduced to Rs. 49 (plus taxes) for both variants.
Subscription Plan Fee:
There is a subscription plan fee based on the plan chosen. The Silver plan has a fee of Rs. 99 + GST, the Gold plan has a fee of Rs. 149 + GST, and the Platinum plan has a fee of Rs. 249 + GST.
Charges for revolving credit, cash advances & overdue amounts:
The applicable charges for revolving credit, cash advances, and overdue amounts are 3.80% per month (equivalent to 45.60% annually).
Foreign currency mark-up:
The credit card carries a foreign currency mark-up charge of 3.5%.
Charges for rental & wallet transactions:
For rental and wallet transactions above Rs. 1, a minimum charge of 1% of the transaction value or Rs. 1 (whichever is higher) is applicable, effective from 1st November 2023.
YES Bank BYOC Credit Card Eligibility
To be eligible for the YES Bank BYOC credit card, applicants must fulfill the following criteria:
Age: Applicants must be between 21 and 60 years old.
Occupation: Applicants can be salaried individuals or self-employed.
Minimum Net Salary: Applicants must have a minimum net salary of Rs. 25,000 per month or an Income Tax Return (ITR) of Rs. 7.5 Lakhs and above.
YES Bank BYOC Credit Card Documents Required
To apply for the YES Bank BYOC credit card, you will need to provide the following documents:
Copy of PAN Card/ Form 60
Recent passport-size photographs
Latest Salary Slip/ ITR as proof of income
Electricity Bill/ Landline Telephone Bill/ Passport/ Ration Card as address proof
Aadhaar Card/ Passport/ Driving License/ PAN Card as identity proof
Please note that the above list of documents is indicative and may vary depending on individual cases.
How to Apply for YES Bank BYOC Credit Card?
To apply for the YES Bank BYOC credit card, follow these simple steps:
Visit the official YES Bank website and navigate to the YES Bank BYOC credit card page.
Fill out the online application form by providing basic details.
Check your eligibility for the card.
Submit your credit card application.
Complete the KYC process.
Don't miss out on the opportunity to personalize your own credit card. Apply for the YES Bank BYOC credit card today and experience a new level of banking freedom and convenience.
Disclaimer: The information provided in this article is subject to change as per bank guidelines. Please visit the official YES Bank website or contact their customer service for the latest updates and details.
Author
Pluto Team
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