ACE Credit Card
A YES Rewardz points card: 8 points per ₹200 online, 4 per ₹200 offline and 2 per ₹200 on utility bills, up to 5,000 points a statement cycle, with points worth ₹0.10 each as statement credit. Every figure below is copied from YES BANK’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹499 plus GST Fee schedule |
|---|---|
| Annual fee | ₹499 plus GST Fee schedule |
| Annual fee waiver | On ₹50,000 of spend in the year Fee schedule |
| GST on fees | 18% |
| Foreign-currency markup | 3.5% of the transaction, plus GST Product page |
| The joining fee is reversed on ₹5,000 of spend within one month of card set-up. The 3.50% markup applies from 15 June 2026 (2.75% before). | |
| Reward redemption fee | ₹100 plus GST MITC |
Rewards
Reward points, ₹0.10 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Online shopping (except Select categories) | 8 points per ₹200 Product page | up to 5,000 points a statement cycle (shared) Terms |
| Select categories: utility bills and cable/streaming services (MCC 4900, 4899) | 2 points per ₹200 Terms | up to 150 points a statement cycle Terms |
| Offline shopping and other spends | 4 points per ₹200 Product page | up to 5,000 points a statement cycle (shared) Terms |
YES Rewardz points: ₹0.10 each as statement credit, ₹0.25 on flight and hotel bookings; redemption needs 2,000 points and costs ₹100 + GST per request.
The 5,000-point cap is per statement cycle across all spends; utility spends earn at most 150 points a cycle. Online and offline rates exclude Select categories.
No rewards on
- Rent, wallet loads, fuel, UPI, government, insurance, education and railway spends (from 15 June 2026); also marketing/advertising, tolls, ferries, jewellery, cash and EMI conversions Terms
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived on fills of ₹500 to ₹3,000, up to ₹100 a statement cycle Product page
Also on this card
Quoted from YES BANK; not counted in the net value.
- Buy one get one on coffee at major coffee outlets in malls Product page
- Purchase protection up to ₹50,000 for 6 months on mobiles and electronics bought online Product page
Eligibility
- Age 21 or above Product page
- Age 60 or below Product page
- Salaried or self-employed Product page
- Salaried: net salary of at least ₹25,000 a month Product page
- Self-employed: income tax return of ₹7.5 lakh or more Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by YES BANK in the documents read
- the card network
- a RuPay variant for UPI
- a welcome benefit
Where YES BANK’s documents differ, and what is used
- Foreign currency markup: the credit card listing feed still shows 2.75% for this card; the product page and the MITC (V18) give 3.50% from 15 June 2026. CardWise uses 3.50%.
The quotes behind the figures
33 figures, each copied from an official YES BANK document.
Show every quote and source
“First Year Membership Fee of INR 499, reversed on spends of INR 5,000 within One month of card set up”
“Renewal Membership Fee of INR 499, reversed on spends of INR 50,000 within 12 months prior to the renewal”
“Goods and Services Tax (GST) 18% (Applicable on all fee and charges)”
“Foreign Currency Markup of 3.50% only”
“Statement Credit = ₹0.10”
“8 Reward Points for ₹200 spent on online Shopping”
“Maximum cap of 5000 reward points per statement cycle”
“Earn 8 YES Rewardz Points per ₹200 on Online Purchases”
“2 YES Rewardz Points a”
“On every INR 200 on Select c categories.”
“Capping of YES Rewardz Points earned on Utility Spends (MCC 4900) is 150 per statement cycle”
“Effective 15th June 2026: Valid on all retail transactions done on Merchant Category Codes (MCC) as defined by Mastercard and VISA as per the table below, referred to as Select Categories.”
“4 Reward Points for ₹200 spent on Offline Shopping”
“Effective 15th June 2026:YES Rewardz Points will not be awarded on Rental, Wallet and Fuel, Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery.”
“Effective 15th June 2026, Reward Points will not be awarded for Rent, Wallet, Fuel, UPI, Government & Marketing / Advertising category transactions, cash withdrawals and transactions converted to EMI (Post Purchase EMI, EMI on Call & Instant EMI), Insurance, Education, Railways, Toll, Ferry & Jewellery.”
“"button1" : "Apply for Credit Card"”
“ACE was previously known as YES PROSPERITY REWARDS PLUS”
“Ace / Ace issue against FD INR 499 INR 499 INR 5,000 INR 50,000”
“Select/ Select (NRI) / Select (FD) / ACE / ACE (FD)/ ACE (NRI)/Virtual RuPay Credit Card / Klick 2.75% 3.50%”
“Foreign currency conversion charges Effective 15th June 2026”
“Foreign Currency Markup applicable prior to 15th June 2026 is 2.75%.”
“Other Credit Cards (Except Private, Marquee, Reserv)”
“1. A minimum of 2,000 Reward Points is required for redemption.”
“If you are already holding any YES BANK Credit Card, you are not eligible for this card.”
“A reward redemption fee of INR 100 + applicable GST is charged when customer initiates a redemption request for accumulated reward points.”
“1% surcharge waiver for transaction between INR 500 – INR 3,000”
“Total waiver in statement cycle is capped at INR 100.”
“Buy one Get one offer on Coffee at major coffee outlets in Malls across India”
“Insurance cover of upto INR 50,000 against accidental damage for 6 months for mobile & electronic purchased online”
“Between 21 to 60 years of age”
“Salaried or self employed”
“Minimum Net Salary of INR 25,000 per month or Income Tax Return of INR 7.5 lakhs and above”
“Apply for Credit Card Online”
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