YES Essence Credit Card
Comprehensive review of YES Essence Credit Card by YES Bank — fees, reward earning rates, airport lounge access, and key benefits.
Card overview
- Joining fee
₹799 + GST
- Annual fee
₹799 + GST
- Best suited for
Travel, Shopping
- Reward type
Reward Points
Rewards & cashback
- Rewards rate
Earn 12 YES Rewardz on ₹200 Online Spends Across Fashion, Beauty, Travel, Dining & Grocery, 8 YES Rewardz on Other Online Spends, and 4 YES Rewardz on Offline Transactions
- Welcome benefits
Vouchers Worth ₹1,000
- Reward redemption
Redeem Reward Points for Vouchers and More
Features & benefits
- Movie & dining
BOGO on Movie Tickets Once Each Month
- Travel
Low Forex Markup Charge of 2.75%
- Domestic lounge
1 Complimentary Domestic Lounge Access Every Quarter
- Golf
4 Complimentary Golf Green Fee Waivers Every Year. 12 Complimentary Golf Lessons Per Year
- Insurance
Purchase Protection Up to ₹50,000
Fees & charges
- Spend-based waiver
Joining Fee Waiver on Spends of ₹20,000 Within 30 Days of Card Setup. Annual Fee Waiver on Spends of ₹1 Lakh
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
2.75%
- Interest rates
3.99% Per Month (47.88% Annually)
- Fuel surcharge waiver
1% Fuel Surcharge Waiver on Fuel Spends Between ₹400 – ₹5,000
- Cash advance charges
2.5% or ₹650 Whichever is Higher
Product highlights
- The card offers welcome vouchers worth ₹1,000 on activation.
- Cardholders can earn bonus YES Rewardz on achieving spending milestones.
- Users get a Buy 1 Get 1 movie ticket offer once every month on District.
- The card also provides complimentary domestic lounge access every quarter.
- A low forex markup fee of 2.75% makes the card suitable for international spends.
Pros & cons
Pros
- This card comes at an affordable fee of ₹799 + GST, which feels quite reasonable considering the range of features and benefits it offers.
Cons
- The card does not offer complimentary international lounge access, which may disappoint frequent international travelers.
Frequently asked questions
Does the YES Essence Credit Card offer lounge access?
Yes, the card offers 1 complimentary domestic airport lounge access every quarter.
What is the annual fee waiver criteria for the YES Essence Credit Card?
The annual fee of ₹799 + GST can be waived on annual spends of ₹1 lakh or more.
Does the YES Essence Credit Card offer movie benefits?
Yes, cardholders get a Buy One Get One offer on movie tickets booked via District once every calendar month.