The YES Ace Credit Card costs Rs 499 a year, waived if you spend Rs 50,000 in a year. Its base return is 0.5%. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 31 Oct 2026.
First year Rs 499 reversed on Rs 5,000 spend within one month of card set-up; renewal Rs 499 reversed on Rs 50,000 spend in the 12 months before renewal. Formerly YES Prosperity Rewards Plus. Also issued against FD. An aggregator reports a limited-time lifetime-free offer (not on the issuer page).
Rewards
Welcome benefit
None found.
Reward currency
YES Rewardz points
Base earn
4 YES Rewardz points per Rs 200 on offline shopping (except select categories)
Base returnunverified
0.5%
Point valueunverified
Rs 0.25 per point on flights/hotels via YES Rewardz (points cover max 70% of invoice); about Rs 0.15 on e-gift vouchers; Rs 0.10 as statement credit
Accelerated earn
8 points per Rs 200 on online shopping (except select categories); 2 points per Rs 200 on select categories (from 15 Jun 2026: utilities MCC 4900 and cable/streaming MCC 4899)
Caps
Issuer page: 5,000 points per statement cycle (stated against the online tier); utility (MCC 4900) earn capped at 150 points per cycle. MITC: flights/hotels redemption max 1,00,000 points a month.
Spends that earn nothing
From 15 Jun 2026 no points on rent, wallet loads, fuel, UPI, government, marketing/advertising, cash withdrawals, transactions converted to EMI, insurance, education, railways, toll, ferry and jewellery (issuer page).
Points expiry
3 years from earning
Reward notes
Redemption fee Rs 100 + GST per request and Rs 99 + GST convenience fee on flight bookings with points (MITC). Point values by route are from an aggregator citing the MITC; the issuer page only links to a value chart. base_return_pct left null because the rupee value of a YES Rewardz point is not stated on the issuer page (the Rs 0.25 flights/hotels figure is from an aggregator); indicative only: 2 points per Rs 100 offline x Rs 0.25 = 0.5%.
Transfers
Partners
Air India Maharaja Club
Ratio
10 points : 1 Maharaja Point (Air India page; one aggregator shows 15:1); minimum balance 2,000 points
Travel and perks
Domestic lounge
None
International lounge
None
Forex markup
3.5%
Fuel surcharge waiver
1% on Rs 500-3,000 transactions, cap Rs 100 per statement
Other freebies
Buy 1 Get 1 coffee at eligible outlets inside select malls; purchase protection plan.
Charges and eligibility
Interest per month
3.99%
Late payment fee
Outstanding up to Rs 500: nil; above Rs 500: lower of 10% of statement balance or Rs 1,350 per statement
Cash advance fee
2.5% or Rs 650, whichever is higher (from 15 Jun 2026); cash withdrawal suspended for the first 6 months; cash limit up to 30% of credit limit
Eligibility
Age 21-60; minimum net salary Rs 25,000 a month or ITR Rs 7.5 lakh and above; existing YES BANK credit cardholders not eligible.
Fine-print notes
Issuer product page read 12 Oct 2026: confirms fees, 8/4/2 points per Rs 200, the 5,000-point cap, the 150-point utility cap, fuel waiver cap Rs 100, interest 3.99% a month (2.49% against FD) and the coffee and purchase-protection benefits. The page adds the ITR Rs 7.5 lakh route to eligibility. Forex markup: the page does not state the current rate; its footnote says only that 2.75% applied before 15 Jun 2026. 2.75% is kept as the last known figure and stays unverified; sibling cards whose pages do state a current rate went up on that date (Reserv 1.75 to 2.00, Select 2.75 to 3.50, First Business 1.75 to 2.00, Prosperity Business 2.50 to 3.00), so the current rate is probably higher. Network is not stated on the page. || Earlier notes: MITC v18 (file reference 05102026): rent (MCC 6513) fee is the greater of 1% or Rs 199 above Rs 1,000, max 5 rent transactions per 30 days; wallet loads above Rs 2,000 charged 1%; education via third-party apps 1% + GST; utilities 1% + GST once the month's cumulative spend crosses the card's threshold (Rs 25,000); fuel 1% + GST on a single transaction above Rs 10,000 or cumulative above Rs 25,000 a month; tolls and railways also carry 1% beyond thresholds. Overlimit Rs 550 + GST per transaction (from 1 Jun 2026). Reissue Rs 199 + GST. Dynamic currency conversion: 1% + GST on INR-billed transactions at overseas merchants. Existing YES Bank credit cardholders are reported as ineligible for a second card. Forex markup corrected after an independent check on 11 Oct 2026: the MITC row shows the markup (2.75%) and, beside it, the dynamic currency conversion charge; the first pass had recorded the second figure. 12 Oct 2026: that correction was itself wrong. The MITC prints the rate before and from 15 Jun 2026 (2.75% then 3.5%); bank pages for Reserv, Select, First Business and Prosperity Business confirm the later figure, so the later figure is restored here. Not stated on this card’s own page.
Questions
What is the annual fee of the YES Ace Credit Card?
Rs 499 a year, before GST. It is waived if you spend Rs 50,000 in a year.
Does the YES Ace Credit Card give airport lounge access?
No lounge access is listed for this card.
What is the forex markup on the YES Ace Credit Card?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the YES Ace Credit Card?
From 15 Jun 2026 no points on rent, wallet loads, fuel, UPI, government, marketing/advertising, cash withdrawals, transactions converted to EMI, insurance, education, railways, toll, ferry and jewellery (issuer page).