The YES Bank ELITE+ Credit Card is the rebranded version of the YES PREMIA and YES ELITE Credit Cards. It is designed for users looking for a mix of rewards, travel benefits, and lifestyle perks.
The card is currently being offered as a Lifetime Free credit card through select application channels, making it an attractive option for users who want premium benefits without paying annual fees.
Cardholders earn 12 YES Rewardz Points for every ₹200 spent online and 6 YES Rewardz Points for every ₹200 spent offline. The card also offers complimentary domestic and international airport lounge access, golf privileges, movie ticket discounts through BookMyShow, and a fuel surcharge waiver.
YES Bank ELITE+ Credit Card Key Highlights
| Feature | Details |
|---|---|
| Card Type | Lifestyle & Travel Credit Card |
| Current Offer | Lifetime Free through select application channels |
| Reward Rate | Up to 12 YES Rewardz Points per ₹200 on online spends |
| Domestic Lounge Access | 2 complimentary visits per calendar quarter |
| International Lounge Access | 3 complimentary visits per year |
| Lounge Spend Requirement | ₹50,000 spends in the previous qualifying quarter |
| Golf Benefits | 4 green fee waivers per year + 1 golf lesson per month |
| Movie Benefit | 25% off on BookMyShow up to ₹250 per month |
| Forex Markup | 2.75% + GST |
| Fuel Surcharge Waiver | 1% waiver on fuel transactions between ₹400 and ₹5000 |
| Rewards Subscription Plan | Optional 3X and 5X reward plans available |
| Purchase Protection | Up to ₹50,000 on eligible online purchases |
| Best For | Lounge access, travel benefits, golf privileges and lifestyle perks |
YES Bank ELITE+ Credit Card Fees
| Fee Type | Details |
|---|---|
| Joining Fee | |
| Welcome Benefit | |
| Joining Fee Waiver | |
| Annual Fee | |
| Annual Fee Waiver |
Note: The YES Bank ELITE+ Credit Card is currently being offered as a Lifetime Free card through select application channels. Under the standard fee structure, the card carries a joining fee and annual fee of ₹999 + GST each.
YES Bank ELITE+ Credit Card Rewards
| Type of Spend | Reward Points | Reward Rate |
|---|---|---|
| Online Spends (except select categories) | 12 YES Rewardz Points per ₹200 | 1.5% |
| Offline Spends (except select categories) | 6 YES Rewardz Points per ₹200 | 0.75% |
| Select Categories (Utilities, Insurance and Education) | 4 YES Rewardz Points per ₹200 | 0.5% |
| Rent, Wallet, Fuel, Government, Marketing & Advertising, Cash Withdrawals and EMI Transactions | No Rewards | 0% |
Maximum reward points per statement cycle: 12,000
The ELITE+ is not a card that stands out for its reward rate. At 1.5% on online spends, it falls behind cards like SBI Cashback if your goal is to maximise returns.
That said, rewards are only one part of the story. The card also offers domestic and international lounge access, golf benefits, movie ticket discounts, and a low forex markup. These benefits add a lot more value than the rewards alone.
The Rewards Subscription Plan is another interesting feature. Users can pay an annual subscription fee to earn higher rewards on eligible spends. If you spend regularly on online shopping, travel, dining, fashion, or healthcare, the subscription can improve the card’s overall value.
With the card currently available as a Lifetime Free offer through select channels, the ELITE+ is easier to recommend. You may not get market-leading rewards, but you do get a good mix of travel and lifestyle benefits without worrying about annual fees.
YES Bank ELITE+ Credit Card: Rewards Subscription Plan
The YES Bank ELITE+ Credit Card offers an optional Rewards Subscription Plan for cardholders who want to earn more reward points on their spending. Additional reward points earned through these plans are capped at 75,000 points per calendar month.
Subscription Plan 1: Up to 3X Rewards
The 3X Plan comes with an annual fee of ₹1500 + GST.
| Spend Type | Reward Points |
|---|---|
| Online Spends | 24 Rewardz Points per ₹200 |
| Offline Spends | 18 Rewardz Points per ₹200 |
| Select Categories | 12 Rewardz Points per ₹200 |
This plan is best suited for users who spend across multiple categories and want higher rewards on most transactions.
Subscription Plan 2: Up to 5X Rewards
The 5X Plan comes with an annual fee of ₹2500 + GST.
Under this plan, accelerated rewards are available on spends made in Travel, Dining, Fashion and Healthcare categories.
| Spend Type | Reward Points |
|---|---|
| Online Spends in Eligible Categories | 36 Rewardz Points per ₹200 |
| Offline Spends in Eligible Categories | 30 Rewardz Points per ₹200 |
| Select Categories | Regular reward rates apply |
The 5X Plan works best for users who spend heavily on travel bookings, restaurants, apparel purchases and healthcare expenses.
Is It Worth It?
For most cardholders, the standard rewards structure will be enough. The subscription plans make sense only if your spending is high enough to recover the annual subscription fee through the additional reward points earned.
Heavy spenders in travel, dining and online shopping categories can extract significantly more value from the ELITE+ by opting for one of these plans.
YES Bank ELITE+ Credit Card Review: Rewards Redemption
YES Rewardz Points can be redeemed for flights, hotels, gift vouchers, shopping, bill payments, mobile recharges, and partner offers.
| Redemption Option | Value |
|---|---|
| Flights & Hotels | ~25 paise per Reward Point |
| Gift Vouchers | ~10 paise per Reward Point |
| Air Miles | 10 Rewardz Points = 1 Mile |
| Merchandise | Variable |
YES Bank ELITE+ Credit Card Lounge Access
| Benefit | Details |
|---|---|
| Domestic Airport Lounge Access | 2 complimentary visits per calendar quarter |
| Domestic Lounge Eligibility | Spend ₹50,000 or more in the previous qualifying quarter |
| International Airport Lounge Access | 3 complimentary visits per year |
| International Lounge Eligibility | Primary cardholder only |
| Add-on Card Eligibility | Eligible for domestic lounge access as per program terms |
The YES Bank ELITE+ Credit Card offers a decent lounge access program for occasional travellers. Cardholders get 2 complimentary domestic airport lounge visits every quarter and 3 international lounge visits every year.
Domestic lounge access is linked to spending. To unlock lounge visits for the next quarter, you must spend at least ₹50,000 during the previous qualifying quarter. This requirement is reasonable and should be easy to meet for most regular card users.
YES Bank follows a slightly different quarter cycle for lounge eligibility:
- 21 December to 20 March
- 21 March to 20 June
- 21 June to 20 September
- 21 September to 20 December
For example, if you spend ₹50,000 between 21 March and 20 June, you become eligible for complimentary lounge access between 21 June and 20 September.
The addition of 3 international lounge visits every year adds further value, especially for users who travel abroad occasionally.
YES Bank ELITE+ Credit Card Golf Benefits
| Benefit | Details |
|---|---|
| Green Fee Waivers | 4 complimentary green fee waivers per calendar year |
| Golf Lessons | 1 complimentary golf lesson every calendar month |
| Eligible Courses | Varies by Visa and Mastercard variant |
YES Bank ELITE+ Credit Card: Other Key Benefits & Charges
YES Bank ELITE+ Credit Card: Other Key Benefits & Charges
| Benefit / Charge | Details |
|---|---|
| Fuel Surcharge Waiver | 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000 |
| Fuel Surcharge Waiver Cap | Maximum ₹125 per statement cycle |
| BookMyShow Offer | 25% discount on movie tickets, capped at ₹250 per calendar month |
| Foreign Currency Markup | 2.75% + GST (~3.25% effective) |
Yes Bank ELITE+ Credit Card Pros & Cons
Pros
- Currently available as a Lifetime Free credit card through select application channels
- 2 complimentary domestic airport lounge visits every quarter
- 3 complimentary international airport lounge visits every year
- Earn accelerated rewards on online spending
- Optional 3X and 5X Rewards Subscription Plans can significantly boost reward earnings
- Includes golf benefits with complimentary green fee waivers and golf lessons
- 25% discount on BookMyShow movie tickets up to ₹250 per month
- Low forex markup of 2.75% compared to many entry-level credit cards
- Purchase protection cover for eligible online purchases
Cons
- Reward rate is lower than leading cashback cards such as SBI Cashback
- No rewards on rent, wallet loads, fuel, government payments and EMI transactions
- Reward earnings are capped at 12,000 points per statement cycle
- Domestic lounge access is subject to spend-based eligibility criteria
- Rewards Subscription Plans require an additional annual fee
- International lounge access is limited to 3 visits per year
- Forex markup is lower than average but not as attractive as zero forex credit cards
YES Bank ELITE+ Credit Card Review: Conclusion
The YES Bank ELITE+ Credit Card is one of the more interesting Lifetime Free credit cards available right now. While the rewards are not market-leading, the combination of lounge access, golf benefits, movie discounts, and a low forex markup makes it a well-rounded option.
The rewards alone are not enough to make this card stand out. There are cashback cards that offer better returns on everyday spending. However, the ELITE+ is more than just a rewards card. It works best for users who want a mix of travel and lifestyle benefits on a single card.
The optional Rewards Subscription Plans are also worth considering for heavy spenders, as they can significantly improve the earning rate on eligible transactions.
With the card currently being offered as Lifetime Free through select channels, it becomes an easy card to keep in your wallet. Even if you use it mainly for lounge access, movie discounts, and occasional travel, the overall value can be quite good.
If you are looking for maximum cashback, look elsewhere. If you want a well-rounded lifestyle card with useful benefits and no ongoing fee commitment, the YES Bank ELITE+ Credit Card is a solid choice.
YES Bank ELITE+ Credit Card FAQs
YES Bank is currently offering the ELITE+ Credit Card as a Lifetime Free card through select application channels. Applicants should verify the offer terms at the time of application.
The card earns 12 YES Rewardz Points per ₹200 spent online, 6 YES Rewardz Points per ₹200 spent offline, and 4 YES Rewardz Points per ₹200 on select categories such as utilities, insurance, and education.
Yes. The card offers 2 complimentary domestic airport lounge visits per quarter and 3 complimentary international airport lounge visits per year, subject to applicable terms and eligibility criteria.
The YES Bank ELITE+ Credit Card charges a forex markup of 2.75%, making it a reasonable option for occasional international spending.
Yes. Cardholders receive 4 complimentary green fee waivers per year and 1 complimentary golf lesson every month at participating golf courses.
The Rewards Subscription Plan is an optional paid add-on that allows ELITE+ cardholders to earn up to 3X or 5X reward points on eligible transactions and selected spending categories.
No. Rent payments, wallet loads, fuel transactions, government payments, cash withdrawals, and EMI transactions are not eligible for YES Rewardz Points.
The card is best suited for users looking for airport lounge access, golf benefits, movie ticket discounts, and a rewards program in a single Lifetime Free credit card.
Yes Bank ELITE+ Credit Card
