YES Bank Credit Card Fees and Charges

When you apply for a YES Bank credit card and activate it, the bank charges a one-time fee known as ‘Joining Fee’. The amount of joining fee charged by the bank depends on card variant and ongoing credit cards offers provided by the bank. Do note that the joining fee amount is communicated by the to the cardholder at the time of credit card application. In some cases, joining fees are compensated for in the form of welcome benefits such as reward points, vouchers, or cashback.  

The joining fees for some of the YES Bank credit cards are as follows: 

YES Credit Cards Renewal Fee:

If you are a YES Bank credit card holder, do note that the bank charges a renewal fee to keep your credit card active beyond the first year. This fee is charged by the bank once you complete a year using your YES Bank credit card. The amount of renewal fee charged by the bank depends on the credit card variant and the bank’s ongoing credit card offers. In some cases, you may get a waiver on your YES bank credit card’s renewal fee on achieving the spend-based milestone set by the bank.

The renewal fees for some of the YES Bank credit cards are as follows: 

YES Credit Cards Interest Rate:

If you are a YES Bank credit cardholder, do note that the bank will charge you an interest fee if you fail to pay your credit card’s full outstanding balance amount before the due date. This type of fee levied by the bank is also known as ‘Finance Charges’. In case you are paying only the ‘Minimum Amount Due’, the interest fee is applicable on remaining balance amount. Interest fee is also applicable on cahs withdrawals, missed credit card payments, and carried forward balances. It is calculated from the transaction date until the balance is fully cleared, which means doing partial payments gets more expensive over time. YES Bank charges an interest fee of up to 47.88% p.a., depending on the card variant. It is advisable to check with bank to know the exact interest rate for your credit card.   

The interest fee levied on some of the YES Bank credit cards are as follows: 

YES Credit Cards Forex Charges:

If you are using your YES Bank credit card on foreign shores, do note that the bank charges a foreign transaction fee, also known as a forex markup fee. This fee is levied by the bank as a percentage of the transaction amount and covers the processing and currency conversion costs. YES Bank charges a forex markup fee of up to 3.75% of the transaction amount, depending on the card variant. 

The forex markup fee applicable on some of the YES Bank credit cards are as follows: 

YES Credit Cards Late Payment Charges:

If you hold a YES Bank credit card, do note that the bank charges a late payment fee if you fail to pay even the ‘Minimum Amount Due’ on your credit card bill by the due date. The late payment fee is applied by the bank as a fixed charge, depending on the amount of outstanding balance, and it is added to your next credit card statement.  

If your total outstanding amount on YES Bank credit card is less than or up to Rs.500, no late payment charges will be applicable. However, if the outstanding amount is above Rs.500, the bank will chaarge a late payment fee of 10% of the statement balance, subject to a minimum of Rs.1,350. Do note that if you are a YES Private credit cardholder, late payment charges are not applicable. 

YES Credit Cards Overlimit Fee: 

The bank assigns specific credit limit when approving your credit card depending on the card variant and bank’s internal policies. The bank imposes an overlimit fee when you spend more than the assigned credit limit. The overlimit fee is generally calculated by the bank as a percentage of the exceeded amount and is added to your credit card bill.  It is advisable that you regularly monitor your credit card spending to avoid overlimit fee. 

YES Credit Cards Replacement Fee:

 If you hold YES Bank credit card and have lost or misplaced your credit card, you can place a request for card replacement. In such a case, YES Bank will charge a card replacement fee ranging between Rs.100 to Rs.3599 plus applicable taxes, depending on the card variant. Do note that the new card issued by the bank may have the same number, or you may get a different number. The applicable replacement fee is added to your credit card statement.  

Other Fees and Charges Applicable to YES Credit Cards

Some of the other fees and charges levied on YES credit card are as follows: 

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