Our Money Guide

By: OurMoneyGuide || Last updated on: April 19, 2024

Pros and Cons of Yes Bank ELITE Credit Card

Pros

  • Complimentary airport lounge access both in India and abroad
  • Complimentary golf rounds

Cons

  • Comparatively low reward rate on card spends, especially on offline spends

Features & Benefits of Yes Bank ELITE Credit Card

1.50% benefit on online spending || 0.75% benefit on offline spending

You get 6 rewards points (Yes Rewardz Points) worth ₹1.50, on every ₹100 you spend on online purchases with your card. You get 3 rewards points (Yes Rewardz Points) worth ₹0.75, on every ₹100 you spend on offline purchases with your card.

1 reward point = upto ₹0.25, and can be redeemed for flights, vouchers, products and more.
– On flights & hotel redemptions : 1 reward point = ₹0.25 (25 paise)
– On gift vouchers : 1 reward point = ₹0.10 to ₹0.25 (10 paise to 25 paise)
– Products : 1 reward point = upto ₹0.25 (the value can vary depending on the product)

Restrictions : You can earn a maximum of 12000 reward points in a month. This would be breached only if you spend more than ₹2 lakhs in a month, even if you do all your spends in the higher earning category of online shopping.

Exceptions
– No reward points are given on fuel transactions, EMI transactions and cash withdrawals
– Certain select categories earn 0.50% benefit only (2 reward points on every ₹100 card spend), such as grocery & supermarkets, utility bills, insurance, government institutions, educational institutions, local transportation including cabs. Please refer to bank website for full list.

Chance to earn higher rewards through 2 subscription plans (3X & 5X subscription plans)

Complimentary visits to international airport lounges – 3 per year

You get free visits to international airport lounges, 3 times per year.

This program is brought to you in partnership with Priority Pass, for list of applicable lounges and other details, please visit the Priority Pass website.

Complimentary visits to domestic airport lounges – 2 per quarter

You get free visits to domestic airport lounges, 8 times per year (maximum 2 times per quarter). For list of applicable lounges and other details, please click here.

From July 1 2024, this benefit is valid only if you spend ₹35000 on your card in the previous quarter.

Complimentary golf – 4 free golf rounds per year (maximum 1 per month) || 1 free golf lesson per month

You get 4 free golf rounds per year (maximum 1 per month). You also get 1 free golf lesson per month.

For list of golf courses and other details, please click here.

Complimentary insurance benefits

You get free insurance covers :
– Lost card liability of ₹3 lakhs, which protects in case of fraudulent transactions on the cardholder’s card
– Credit shield cover of ₹3 lakhs, which protects dependents from unpaid card bills, in the unfortunate event of the cardholder’s death

Fuel surcharge waiver, upto ₹250 per month 

You get 1% fuel surcharge waiver on all fuel transactions between ₹400 and ₹5000 only. And only on fuel purchases upto ₹25000 per month, since the waiver amount is restricted to ₹250 per month.

Some fuel pumps may charge more than 1% surcharge, the monthly waiver would still be capped at ₹250 in all cases. This benefit is applicable at all fuel pumps across India.

Minimum 15% discount at select restaurants (Dining Fiesta Program)

To view list of restaurants and more details, please click here.

Yes Bank customer care number

You can contact AU Bank 24/7, please click here for details – Yes Bank Customer Care Numbers & Other Contact Details

Yes Bank ELITE Credit Card Fees & Charges

Annual fee

Annual feeAnnual fee offers
1st year joining fee₹999Welcome offer : 1st year annual fee is waived off, when you spend ₹20,000 or more, within 30 days of card issuance.
Renewal fee from 2nd year onwards₹999Renewal offer : Annual fee is not charged from the 2nd year onwards, if you spend ₹2 lakhs or more in the previous year

To view all fees and charges and details, please click here – Yes Bank Credit Cards Fees & Charges . Taxes are applicable on all fees and charges, as per existing law.

Eligibility criteria

Minimum agePrimary card member: 20 years
Add-on card member: 18 years
Maximum age60 years
OccupationSalaried or self-employed
Minimum income requirements₹1 lakh per month (salaried) || ₹9 lakhs per year (self-employed)
Credit scoreGood credit score, preferably above 750
LocationOnly available in Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi & NCR, Hyderabad, Jaipur, Kolkata, Mumbai, Pune, Thane and Navi Mumbai

Documents required

Required documents 
– PAN card copy
– Identity proof : PAN card , driving license, valid passport, voter ID (any one)
– Address proof : electricity bill, phone bill, driving licence, passport, ration card, bank statement, passbook, voters ID, flat maintenance bill, rent agreement (any one)
– Income proof : latest salary slip/s, income tax return etc

Additional documents maybe required on a case-to-case basis.

How do I apply for the Yes Bank ELITE Credit Card?

Online application process 
The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Yes Bank website.

You can also visit official website of the bank and fill out the application form. The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy.

Steps :
– To apply, simply provide your personal details, such as your PAN number, mobile phone number, income & emplyment details, , address, along with the other requirements asked for
– Submit the application
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.

How do I track my application status?

You can track the status of your application status by clicking here – Yes Bank credit card application status. You need to enter some personal details such as mobile number and application number, to see the status of your credit card application.

Apply Now