YES Bank Anq Phi Credit Card

The YES Bank Anq Phi credit card is an entry-level lifestyle credit card offered at a zero joining fee. This credit card is designed to provide convenience and privileges at the same time, tailored to meet the requirements of individuals who wish to save while spending. 

You can apply for the YES Bank Anq Phi credit card at a zero joining fee and a nominal renewal fee of Rs.499 plus taxes, which will be waived on crossing the transaction limit of Rs.1.2 lakh in the year before the renewal date. Moreover, this credit card also offers various benefits like reward points on eligible transactions, waiver on fuel surcharges, lounge access, etc. Read on to know more about the features, benefits, eligibility criteria, fees and charges of the YES Bank Anq Phi credit card.

Features and Benefits of the YES Bank Anq Phi Credit Card

The features and benefits of the YES Bank Anq Phi Credit Card are as listed below: 

  1. Zero Joining Fee: The Anq Phi credit card is offered by the YES Bank at a zero joining fee. The renewal fee of Rs.499 is waived on spending Rs.1,20,000 or more on retail purchases in the 12 months preceding your card’s renewal date. 
  1. Reward Points: You earn 24 reward points for every Rs.200 spent on cable, OTT, digital merchandise, etc. Do note that there is no capping on reward points. By spending Rs.200 on other selected categories, you earn 4 reward points. 
  1. Waiver on Fuel Surcharge: With this credit card, you get a waiver of 1% on the fuel surcharge for transactions ranging between Rs.400 up to Rs.5,000. 
  1. Lounge Access: This credit card also offers up to three international lounge access annually. 
  1. Easy EMIs: You can easily convert your purchases worth Rs.1,500 or above into EMIs. Moreover, you can do so by calling customer care using the on-call service provided by the bank. 
  1.  Loan Facility: This credit card also allows you to borrow a loan within the credit limit to fulfill the immediate requirements. 
  1. YES PayNow Facility: Using the ‘YES PayNow’ facility, you can clear your bills on time every month. 
  1. E-Mandate Facility: Using the ‘E-Mandate’ facility, you can set standing instructions for your subscription payments, monthly bill payments, insurance payments, etc. 
  1. Contactless Payment Facility: This credit card comes with a contactless payment facility. This means, for transactions up to Rs 5,000, you are not required to enter a PIN, swipe or insert your credit card.

Eligibility Criteria to Apply for the YES Bank Anq Phi Credit Card 

The eligibility criteria to apply for the YES Bank Anq Phi credit card are as listed below: 

  1. The applicant should be a minimum of 21 years old and up to 60 years. 
  1. The applicant should not be an existing YES Bank credit cardholder. 
  1. The applicant should be either a salaried or self-employed individual. 
  1. The applicant should have a minimum salary of Rs.25000 a month or an Income Tax Return (ITR) of Rs.7.5 lakhs and above. 

Documents required to Apply for YES Bank Anq Phi Credit Card 

The documents required to apply for an YES Bank Anq Phi credit card are as listed below: 

  1. Proof of Identity: Aadhaar card, Passport, PAN card, etc. 
  1. Proof of Address: Aadhaar card, PAN card, Utility Bills, etc. 
  1. Proof of Income: Salary Slips of previous three months, Bank Statements, Form 16, ITR, etc. 
  1. Multiple copies of passport-sized photographs. 

Note: The documents listed above are based on the standard requirements. The bank may request additional documents from you depending on your credit card application and internal policies.

Fees and Charges for the YES Bank Anq Phi Credit Card 

The listed below are the fees and charges of the YES Bank Anq Phi credit card: 

Category 

Charges 

Joining Fee 

Nil 

Annual Fee 

Rs.499 + taxes(waived off on spending Rs.1,20,000 or above in the year before renewal) 

Rate of Interest on Revolving Credit 

3.99% per month (47.88% annually) 

Rental Transactions Charges 

Re.1 or 1% of transaction (whichever is higher) for transactions up to Rs.1,000Rs.199 or 1% of transaction (whichever is higher) for transactions above Rs.1,000Note: The rental transactions are capped at 3 transactions per 30 days 

Wallet Transaction Charges 

1% of transaction value, subject to a minimum of Re.1 

FAQs on YES Bank Anq Phi Credit Card

  • Does the YES Bank Anq Phi credit card offer a waiver on fuel surcharges?

    Yes, you get a waiver of 1% on fuel surcharge for transactions ranging between Rs.400 up to Rs.5000 with the YES Bank Anq Phi credit card. 

  • Is the YES Bank Anq Phi credit card a contactless card?

    Yes, the YES Bank Anq Phi credit card comes with contactless technology and does not require you to enter a PIN for transactions up to Rs. 5,000. 

  • Can I get a waiver on the annual fee of the YES Bank Anq Phi credit card?

    Yes, you can get a waiver on the annual fee of the YES Bank Anq Phi credit card if you spend Rs.1,20,000 or above in the year before the renewal 

  • How much is the joining fee for the YES Bank Anq Phi credit card?

    The YES Bank Anq Phi credit card is offered at a zero joining fee. 

  • Can the existing YES Bank credit cardholders apply for the Anq Phi credit card?

    No, the existing YES Bank credit cardholders apply for the Anq Phi credit card. 

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