Yes Bank Devaluation

124°
Benevolent
Knight11

Important Update regarding your YES BANK Credit Card features

Dear Customer,

We wish to inform you that, some product features and benefits on your YES BANK Credit Card are being revised w.e.f. 1st May 2024, as follows:

1. Fuel Surcharge Capping

Serial No. YES BANK Credit Card Fuel Surcharge Capping till 30th April 2024 Fuel Surcharge Capping 01st May 2024 onwards

1 YES PROSPERITY BUSINESS INR 500 INR 250

2 SELECT INR 250 INR 125

3 ACE INR 125 INR 100

4 YES PROSPERITY REWARDS INR 125 INR 100

2. Spends threshold for Annual and Joining Fee reversal will exclude Rent and Wallet Transactions

3. A charge of 1% will be applicable on all utility transactions in a statement cycle

Note:

Point 2 is applicable only to Paid YES BANK Credit Cards

The above mentioned changes are not applicable to YES Private Credit Cards

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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1% charge on utilities is a massive devaluation, not attractive for middle class people

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Coupon Connoisseur Coupon Connoisseur
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so no changes for Yes Elite card?

Benevolent Benevolent
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2. Spends threshold for Annual and Joining Fee reversal will exclude Rent and Wallet Transactions

3. A charge of 1% will be applicable on all utility transactions in a statement cycle

2 and 3 are for all cards. 3 is worst🤣. None has started charging extra on utility transactions yet😅.

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Deal Subedar Deal Subedar
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worst range of credit cards from Yes Bank to begin with and now its double worst


Worst than paying with debit card lol dont even look at yes bank lol

Helpful Helpful
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1% charge on utilities is a massive devaluation, not attractive for middle class people

Finance Ninja Finance Ninja
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Nice move, hope Axis bank, ICICI bank, HDFC bank, SBI card, AU bank, Indusind bank, RBL Bank will soon follow. 👍🏼
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Finance Mentor Finance Mentor
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I didn't take YB card, called more than 30 times in last 20 days, all calls blocked, good decision as always...

Benevolent Benevolent
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Now they have changed terms for 1% on utility. No charges till 15K spends.

P.S. Copied from idfc, where it is not charges till 20K.

Generous Generous
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Upi bhi mcc fetch karta hai kya? Ye mcc to visa master card decide karte hain.. rupay qnd upi kab se karne laga

Benevolent Benevolent
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Everything has mcc😂.

replyuser
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