YES Bank ACE Credit Card
Card Summary
YES Bank ACE Credit Card offers accelerated rewards and essential benefits for everyday spending needs.
Quick Overview
Expert Review
The YES Bank ACE Credit Card is an entry-level rewards credit card designed for customers who spend frequently on online and offline shopping. It provides accelerated YES Rewardz Points on purchases, fuel surcharge waiver across India, and purchase protection on electronic items. With a low annual fee and simple rewards structure, the ACE Credit Card is suitable for first-time credit card users and regular spenders alike.
Key Features
The YES Bank ACE Credit Card is an entry-level rewards credit card designed for customers who spend frequently on online and offline shopping. It provides accelerated YES Rewardz Points on purchases, fuel surcharge waiver across India, and purchase protection on electronic items. With a low annual f...
Key Highlights
Reward Rate
1-4%
Annual Fee
₹499 + GST
Rating
4.2/5
Category
Shopping
Fuel Benefits
1% Fuel Surcharge Waiver
Available at all fuel stations across India
Zero Lost Card Liability
Complete Protection Against Fraud
In the unfortunate event of losing your card, report it immediately to our 24-hour call centre and you have zero liability on any fraudulent transactions made on your Credit Card.
Advantages
Low annual fee
Good rewards on online shopping
Fuel surcharge waiver
Limitations
No airport lounge access
No premium travel benefits
Fee and Charges
Joining Fee
₹499 + GST
Annual Fee
₹499 + GST
APR
43%
| Charge Type | Amount |
|---|---|
| Add-on Card Fee | Free |
| Cash Withdrawal Fee | 2.50% of transaction amount (minimum ₹300) |
| Card Replacement Fee | ₹100 |
| Foreign Transaction Fee | 2.75% |
| Over Limit Penalty | 2.50% |
| Fuel Transaction Surcharge | 1% |
| Minimum Repayment Amount | 5% of total outstanding |
Late Payment Charges
| Outstanding Balance | Late Fee |
|---|---|
| Below ₹100 | ₹0 |
| ₹100 to ₹500 | ₹100 |
| ₹501 to ₹5,000 | ₹500 |
| ₹5,001 to ₹10,000 | ₹600 |
| ₹10,001 to ₹25,000 | ₹800 |
| ₹25,001 to ₹50,000 | ₹1100 |
| More than ₹50,000 | ₹1300 |
Reward Points Structure
| Rewards Category | Rate | Eligibility |
|---|---|---|
| Special Categories | 1-4% | Based on card category and benefits |
| General Spends | 1X | All other purchases and transactions |
Partner Merchants:
Who Should Opt for This Card?
Everyday Spenders
Ideal for individuals who shop frequently online and offline and want simple reward benefits
How to Apply
Visit the YES Bank website and navigate to the Credit Cards section
Select YES Bank ACE Credit Card from the list
Click on Apply Now and complete the application form
Upload required documents and submit the application
Wait for verification and card approval from the bank
Processing Time
7-10 days
Eligibility Criteria
Age: 21-60 years
Residency: Indian resident
Income: Stable source of income required
Documents Required
Proof of Identity
PAN Card, Aadhaar Card, Passport, Voter's ID
Proof of Address
Aadhaar Card, Passport, Utility Bill (not more than 3 months old)
Proof of Income
Latest salary slips, Form 16, Last 3 months bank statement
Expert Review
Detailed Analysis
The YES Bank ACE Credit Card stands out as a solid choice for those seeking a credit card with excellent rewards and benefits. With 1-4% rewards on eligible spends, it makes a compelling option for shopping enthusiasts.
The card's comprehensive insurance coverage and lounge access benefits offer added value and convenience for cardholders.
While the card offers numerous advantages, it is essential to consider the annual fee of ₹499 + GST and other associated charges. These factors should be weighed against the benefits offered.
Overall, the YES Bank ACE Credit Card is a good option for those who want a shopping credit card with excellent rewards and premium benefits. If you are looking for a card that offers good value for money, this is worth considering.
Quick Stats
Best Suited For
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