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YES Bank Select Credit Card

YES Bank has rebranded its ‘Prosperity Edge’ credit card as ‘YES Bank Select credit card’ and has also revamped the rewards program. The fees and charges remain unchanged, as do the other benefits. The existing customers will get the YES Select upon renewal.

YES Select credit card is in the same segment as its peer YES Ace credit card, has the same fees and charges, somewhat similar rewards program, but is more oriented toward travel benefits and other perks and offers such as complimentary lounge access and golf program.

Check the benefits and drawbacks in more depth in this review of YES Bank Select credit card.

YES Bank SELECT credit card

YES Bank Select Credit Card Overview

Card CategoryRewards
Joining FeeRs 399 + GST (waived off on spend of Rs 10,000 within first 30 days)
Annual FeeRs 399 + GST (waived off on spend of Rs 1 lakh or more in an year)
Welcome OfferAmazon voucher worth Rs 500 on spending Rs 1,000 within first 30 days
Best Features– 8X points on online spends, 4X points on offline spends and 2X in select categories
– 1 complimentary international and domestic lounge access per quarter each
– Insurance & lost card liability covers

Details from YES Bank

  • Special offer when you apply online. Get a free Amazon voucher worth Rs 500 when you spend Rs 1,000 within the first 30 days.
  • Waive-off your joining and annual fee when you meet the spend-based reversal criteria.
  • Preferential foreign currency markup at 2.75%.
  • Accelerated rewards on travel and dining. Get 8 YES Reward Points (YRP) per Rs 200 spent online, 4 YRP per Rs 200 spent offline and 2 YRP on Rs 200 spent on select categories.
  • Get great offers across travel, dining, shopping, wellness and more, in select cities.
  • Get 1 international & domestic airport lounge access, golf program and fuel surcharge waiver benefits with YES Select card.
  • Get Credit Shield cover of Rs 3 lakh, Lost Card liability cover of Rs 3 lakh.
  • Terms and conditions apply.
  • Read more details here.

Fees and Charges

Joining Fee

Rs 399 + GST (waived off on Rs 10,000 spent within first 30 days)

Annual Fee

Rs 399 + GST (waived on annual spend of Rs 1 lakh)

Finance Charges

3.80% per month (45.6% annually) on Revolving Credit.

Foreign Transaction Fee

2.75% of the transaction value.

Cash Advance Fee

2.5% (minimum Rs 300).

Reward Redemption Fee

Rs 100 per request.

Late Payment Fee

Less than Rs 101 – Nil
Rs 101 – Rs 500 – Rs 150
Rs 501 – Rs 5,000 – Rs 500
Rs 5,001 – Rs 20,000 – Rs 750
Rs 20,001 & above – Rs 1,000

Over Limit Penalty

2.5% of the overlimit amount or Rs 500 (whichever is higher)

Rent Transaction Fee

Minimum 1% of the transaction value.

Add-on Card fee


Note: GST as applicable on fees and charges. See full details here at YES Bank’s website.

YES Bank Select Credit Card Benefits & Features

A Joining Bonus worth Rs 500

If you apply online, you get a welcome bonus – Amazon voucher worth Rs 500 on spending Rs 1,000 within first 30 days of card generation.

Spend-based Fee Waiver

The joining fee of Rs 399 is waived on spending Rs 10,000 within the first 30 days of card setup date. The annual fee of Rs 399 is also waived if you spend minimum Rs 1 lakh within 12 months prior to the card renewal date.

Airport Lounge Access

  • Domestic: The primary cardholders get 1 domestic airport lounge access per quarter.
  • International: The primary cardholders get 1 international airport lounge access per quarter.

Golf Benefits

  • 4 green fee waiver per year at Golf courses in India
  • 1 Golf lesson per year

More details on YES Bank Ace credit card lounge access and gold benefits- check here

Fuel Surcharge Waiver

The cardholders get a 1% fuel surcharge waiver across India at all fuel pumps. The benefits applies only on transactions valued between Rs 400 to Rs 5,000.

Insurance & Lost Card Liability Cover Benefits

  • The primary cardholder gets a credit shield cover of Rs 3 lakh.
  • Lost Card Liability Cover of Rs 3 Lakh.

Dining Offer

You can get a minimum of 15% discount when you dine at the select partner restaurants and pay using your YES Select credit card. Check YES Bank’s Dining Fiesta program for partner restaurant and offers.

EMIs and Quick Loan

  • You can covert your transactions of over Rs 1,500 into EMIs.
  • Get a loan amount within the card limit.

YES Bank Select Credit Card Rewards

The rewards program for YES Bank Select card has been revamped with the name change. Here is the new rewards program:

  • Earn 8 Yes Reward Points (YRP) per Rs 200 spent on online shopping
  • 4 YRP on every Rs 200 spent offline
  • 2 YRP on every Rs 200 spent in select categories.
  • * The select categories are- Transportation, Taxi services, Buses, utilities, grocery, insurance, education, government services, tolls and convenience stores.
  • No reward points are earned on fuel transactions, EMIs and Cash advances.

Rewards Redemption

YES Bank reward points can be redeemed at the Bank’s YES Rewardz portal in various categories such as flights and hotel, gift vouchers, Air miles, and purchases of products in the rewards catalogue.

YES Bank Select Credit Card – Should You Get it?

The welcome voucher and spend-based fee reversal wok quite in favour of the card and when you add rewards and benefits such as lounge access, golf program and dining offers, the YES Bank Select credit card becomes worth considering. Although the reward rate is quite low – 0.25-1%, other benefits make up for it, especially if you meet the spend-based fee waiver. If you are someone looking for cashbacks and better reward rate, then you should look at other options. Otherwise, YES Select is a a fine offering. Not extraordinary, just fine.

Other credit cards from YES Bank

  • YES Ace credit card – In same segment as YES Select card, 1-8X reward points, Rs 399 joining/annual fee (can be waived off).
  • YES ELITE credit card – Premium card, 4-12X accelerated reward points, Rs 999 joining & annual (can be waived off).

How to Apply For YES Select Credit Card?

Applying online through YES Bank’s official website is the best option as you get a welcome voucher worth Rs 500 that way. The Bank also accepts applications at its offline branches.


  • Between 21-60 years of age
  • Salaried or self employed
  • Minimum net salary of Rs 50,000 per month or ITR of Rs 7.5 lakh+
  • A credit score of 700+ is recommended to improve the approval odds.

Note: The details are updated as on 21st November as available on YES Bank website. To be updated once YES Select card details are available on 18th December.

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