M16S / Yes Bank / Yes AI Inside Credit Card
entry · cashback, lifetime-free
Yes AI Inside Credit Card
The Yes AI Inside Credit Card charges no annual fee and no joining fee. Accelerated earn: Up to 3% assured cashback on spends (issuer page; categories, tiers and caps not disclosed). The forex markup is 0%. Read from the issuer's own documents on 12 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- —
- Forex markup
- 0%
- Interest
- 3.99%a month
Apply on yes.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Lifetime free: zero first-year and renewal fees (issuer page; MITC: nil). The RuPay virtual twin is also free. |
Rewards
| Reward currency | Cashback |
|---|---|
| Accelerated earn | Up to 3% assured cashback on spends (issuer page; categories, tiers and caps not disclosed) |
| Spends that earn nothing | Cashback not applicable on EMI transactions, fuel, fees and charges (issuer page). |
| Reward notes | base_return_pct not computed: the issuer states only 'up to 3% assured cashback' with no base rate. |
Travel and perks
| Forex markup | 0% |
|---|---|
| Fuel surcharge waiver | 1% on Rs 400-5,000 transactions, cap Rs 750 per statement |
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 | Waived for AI Inside (MITC); interest applies |
| Eligibility | Age 21-60; only for employees of specific corporates that have a tie-up with the bank's service provider; holders of any other YES BANK credit card are not eligible. The AI Inside RuPay virtual card is for existing AI Inside cardholders. |
| Fine-print notes | Issuer product page read 12 Oct 2026: the AI Inside and AI Inside RuPay pages confirm lifetime free, zero foreign currency markup, a 1% fuel surcharge waiver and 'up to 3% assured cashback', and add that the card is offered only to employees of specific tied-up corporates. The physical card's network is not stated; a RuPay virtual twin for UPI is confirmed, so networks stays in unverified_fields as possibly incomplete. No base cashback rate, cap or lounge benefit is stated. The launch date in the earlier notes is from an aggregator blog. || 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 50,000); fuel 1% + GST on a single transaction above Rs 10,000 or cumulative above Rs 50,000 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. Zero forex markup and no DCC charge per the MITC. Launched around Apr 2026. The MITC lists 'AI Inside' and 'AI Inside RuPay Virtual'; the physical card's network and any partner are not stated in the sources read. |
Questions
- What is the annual fee of the Yes AI Inside Credit Card?
- No annual fee.
- What is the forex markup on the Yes AI Inside Credit Card?
- 0% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Yes AI Inside Credit Card?
- Cashback not applicable on EMI transactions, fuel, fees and charges (issuer page).