YES Bank BYOC Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

An extremely customizable credit card is available. Cardholders can select between cashback or rewards. For every Rs. 200 spent, you receive either 1% cash back or 8 Reward Points. You have the freedom to select a cashback plan to earn even higher cash back at your preferred merchants. Complimentary access to airport lounges is offered. You can enjoy complimentary rounds of golf every month. A 1% fuel surcharge waiver is provided for all fuel transactions.

The YES Bank BYOC Credit Card is a great option for avid shoppers.

With a low joining fee of Rs. 49 + GST per month and a renewal fee of Rs. 49 + GST per month, this card offers convenience and affordability.

When it comes to rewards, cardholders can choose between Reward Points or cashback.

For shopping, you can earn 1% cashback or 8 Reward Points on every retail spend of Rs. 200.

This allows you to enjoy additional savings or accumulate points to redeem for exciting rewards of your choice.

For travel enthusiasts, this card comes with some fantastic perks.

You can enjoy complimentary airport lounge access every quarter, giving you a comfortable and luxurious experience while waiting for your flight.

Additionally, you also receive 1 complimentary domestic lounge access every quarter, enhancing your travel experience even further.

Golf enthusiasts will also appreciate this card, as it offers 4 complimentary rounds of golf every year.

Whether you're a seasoned player or just starting out, this benefit allows you to enjoy your favorite sport without any additional cost.

Unfortunately, there are no insurance benefits or spend-based waivers available with this card.

However, the rewards redemption fee is nil, making it easy and cost-effective to redeem your rewards whenever you want.

When it comes to foreign currency transactions, this card charges a markup fee of 3.5% of the total transaction amount.

While this may be a downside for frequent international travelers, it's important to consider this factor before making any transactions.

The interest rate for this credit card is 3.80% per month, which is slightly higher compared to some other credit cards in the market.

Therefore, it's advisable to clear your outstanding balance on time to avoid any extra charges.

Fuel transactions also come with a benefit, as this card offers a 1% surcharge waiver on fuel transactions between Rs. 400 and Rs. 5,000.

This provides some relief to cardholders while refilling their tanks.

For cash advances, a fee of 2.5% of the withdrawn amount is applicable, with a minimum charge of Rs. 300.

It's important to note this fee if you anticipate making cash withdrawals using this card.

In conclusion, the YES Bank BYOC Credit Card is an ideal choice for individuals who love to shop and want to enjoy rewards or cashback on their retail expenditure.

The travel benefits, such as airport lounge access and domestic lounge access, are also a great addition.

While there may be some fees associated with foreign currency transactions and cash advances, overall this card offers great value for money.