Features & Benefits of YES Bank ACE Credit Card

The following are the main features and benefits of YES Bank ACE credit card:

Rewards

Accelerated YES Bank credit card rewards points on select transactions on YESCART.

• 2 reward points on spending every Rs. 200 on Select categories.
• 4 reward points on spending every Rs. 200 on all categories other than Select categories.
• 5X reward points on first 3 transactions of the billers registered on YES PayNow (this offer is valid only on the first 5 registered billers)
• 12,000 bonus reward points on spending Rs. 3.6 Lakhs or above in each anniversary year.

Insurance Cover

• Credit Shield cover in case of accidental demise of primary cardholder.
• Card Protection Plan (CPP) for card loss, theft, fraud, and emergencies

Fuel Surcharge Waiver

• 1% fuel surcharge waiver across India at all fuel stations for transaction between Rs. 400 to Rs. 5,000.

Secure Transactions

• Your online transactions are secured with MasterCard SecureCode or Verified by VISA.

Instant EMI

• Convert your transactions of Rs. 2,500 or more into EMIs and earn rewards points
• Zero documentation required
• Interest rates range from 12% to 15% p.a and no processing fee is involved
• Repayment options vary from 3 to 24 months

YES Prosperity Rewards Plus Credit Card Fee/Charges

• Joining fee: Rs. 399 + GST. Reversed on spending Rs. 10,000 within 90 days of card set up.
• Annual fee: Rs. 399 + GST. YES Bank credit card annual charges can be reversed on spending Rs. 50,000 within 12 months prior to the renewal..
• Interest on revolving credit, cash advances & overdue amount: 3.5% p.m (42% p.a) for unsecured cards and 3% p.m (36% p.a) for credit cards against fixed deposit
• Preferential foreign currency markup: 3.40%.
• Interest rate for Instant EMI: 12% p.a to 15% p.a.

YES Bank ACE Credit Card Eligibility

• The applicant must be aged a minimum of 21 years to a maximum of 60 years to apply for a YES Rewards Plus credit card.
• The applicant can be a salaried employee or self-employed individual.
• The minimum net monthly income requirement is Rs. 35,000 or an Income Tax Return of Rs. 5 Lakhs & above
• YES Bank ACE Credit Card can also be availed against a Fixed Deposit of Rs. 30,000 and above.

YES Prosperity Rewards Plus Credit Card Document Required

• Identity proof: PAN Card/ Passport/ Driving License/ Voter ID card/ Aadhar Card or Letter issued by UIDAI/ NREGA Card or Letter issued by NPR containing details of name and address.
• Address proof: Passport/ Driving License/ Voter ID Card/ Aadhar Card/ Letter issued by UIDAI/ NREGA Card.
• Signature proof: Passport/ PAN Card/ Driving License/ NREGA Card
• Income proof for salaried: Salary slip of last 2 months (not required if salary account is with Yes Bank), last 2 months’ credit card statement, and card face image
• Income proof for self-employed: Last 1 year’s ITR, last 2 months’ credit card statement, and card face image

How to Apply for YES Bank ACE Credit Card?

• Visit the website of the bank MyMoneyMantra and check your eligibility for the card.
• Fill in the online form
• Upload the required documents and submit your application.