Yes Bank EMI Visa Credit Card
YES Bank
Last updated: Feb 03, 2026
₹499
₹499
3.5%
No lounge access
Contents
Yes Bank EMI Visa Credit Card is an entry-level EMI-focused credit card for beginners and value-conscious shoppers who want to convert big purchases into easy EMIs while still earning cashback on regular spends. It offers automatic EMI conversion on eligible transactions, 1% cashback on non-EMI spends, a low joining fee with an easy renewal fee waiver, and a 1% fuel surcharge waiver for everyday driving. This YES Bank EMI Credit Card is ideal if you want flexible repayment, predictable EMIs and simple, no-fuss rewards on daily expenses.
Features of Yes Bank EMI Visa Credit Card which makes it unique
EMI-First Credit Card Design
Purpose-built credit card focusing on converting big-ticket purchases into affordable EMIs.
Helps manage cash flow without taking a separate personal loan.
More EMI-centric than typical entry-level cashback or shopping cards.
Low Income Entry Barrier
Available to salaried applicants with net monthly income starting around ₹25,000.
Makes EMI-based credit card benefits accessible to first-time card users.
Lower income requirement than many lifestyle or travel credit cards.
Rewards Structure of Yes Bank EMI Visa Credit Card
Non-EMI Spends
baseAll eligible retail transactions that are not converted into EMI.
Cashback is usually credited as statement credit; EMI transactions and certain categories like rent, wallets and utilities may be excluded.
YES Cart Spends
baseOnline shopping via YES Cart partner platform and merchant offers.
Check latest YES Cart and YES Bank credit card offers before checkout for exact cashback percentage and conditions.
EMI Transactions
baseTransactions that are automatically or manually converted into EMI.
EMI spends benefit from fixed monthly instalments and lower EMI interest rate but do not earn cashback or reward points.
Fees & Charges of Yes Bank EMI Visa Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹499 |
| Annual Fee | ₹499 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,000 |
| Over Limit Fee | 0 |
| Returned Payment Fee | ₹500 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Renewal fee of ₹499 is waived on achieving ₹1,20,000 or more retail spends in the previous year.
Fee Explanation Standard YES Bank EMI Credit Card charges apply: joining and renewal fee of ₹499 + GST, cash advance fee of 2.5% of the withdrawn amount (minimum ₹500), revolving credit and cash advance finance charges around 3.8%–3.99% per month, automatic EMI conversion interest rate of 18% p.a. with a 1% one-time processing fee, and 1% surcharge fees on select rent, high-value utility, education and fuel transactions as per the latest Key Fact Statement.
Detailed Explanation of Yes Bank EMI Visa Credit Card Fees
Joining Fee: ₹499 + GST (one-time)
Payable in the first year and not waived by default.
Renewal Fee: ₹499 + GST (yearly)
Waived on achieving retail spends of ₹1,20,000 or more in the previous card anniversary year.
Finance Charges (Revolver & Cash Advance): 3.8%–3.99% per month (monthly)
Applicable on unpaid statement balance, cash advances and overdue amounts until fully repaid.
Automatic EMI Conversion Interest: 18% p.a. (EMI tenure)
Applies on eligible transactions auto-converted into EMI as per card terms.
EMI Processing Fee: 1% of transaction amount (per EMI booking)
Charged once on each transaction converted into EMI, subject to minimum amount as per bank policy.
Cash Advance Fee: 2.5% (min ₹500) (per transaction)
Levy on cash withdrawal from ATMs or over the counter using the credit card.
Late Payment Fee: Up to ₹1,000 (per statement cycle)
Slab-based late fee depending on total due; no charge for very small amounts as per Key Fact Statement.
Foreign Currency Markup: 3.5% of the transaction value (per international transaction)
Charged on all international and cross-currency transactions including online spends in foreign currency.
Fuel Surcharge & Waiver: 1% surcharge waived (per transaction)
1% fuel surcharge waived on transactions between ₹400 and ₹5,000; monthly waiver capped, GST not reversed.
Insurance Coverage with Yes Bank EMI Visa Credit Card
Credit Shield Accidental Death Cover
Up to ₹2,00,000Complimentary cover for primary cardholder in case of accidental death, subject to policy terms, exclusions and successful card usage.
Additional Features of Yes Bank EMI Visa Credit Card
Automatic EMI Conversion
High-value transactions above a preset threshold are automatically converted into fixed EMIs.
Threshold amount, eligible categories and tenure options are defined by YES Bank and may change over time.
Instant EMI
Convert eligible transactions into EMIs instantly at checkout on partner stores and websites.
Available only at select offline and online partner merchants showing YES Bank EMI option.
EMI on Call
Convert past purchases into EMIs by calling customer care or using digital channels.
Minimum transaction amount and tenure options apply; processing fee and EMI interest will be charged.
YES PayNow Bill Pay
Set up auto-debit for utility bills and subscriptions using YES PayNow.
Registration and successful mandate setup required; some utility and education transactions may attract extra fee.
Loan on Card
Get quick personal loan on available credit limit with EMIs debited to the card statement.
Eligibility, loan amount and tenure depend on YES Bank’s internal assessment and offers.
Welcome Bonus with Yes Bank EMI Visa Credit Card
Welcome Bonus: Amazon shopping voucher worth ₹500
Bonus Conditions: Spend at least ₹1,000 within 30 days of card issuance to receive the Amazon voucher.
Application Process for Yes Bank EMI Visa Credit Card
Processing Time
3-5 business days for approval, with card dispatch typically within 7 working days.
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Visit the official YES Bank website or Finanjo credit card page and choose the Yes Bank EMI Visa Credit Card.
Click on Apply Now, fill in your personal, employment and income details and complete the online form.
Upload or submit KYC documents such as PAN, Aadhaar, address proof and income proof as required.
YES Bank evaluates your application, performs credit checks and may contact you for additional verification if needed.
On approval, the credit limit is assigned and the physical card is printed and dispatched to your registered address.
Required Documents for Yes Bank EMI Visa Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof (Salaried)
salariedAccepted documents:
Income Proof (Self-employed)
self-employedAccepted documents:
Yes Bank EMI Visa Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted across retail stores, fuel pumps, e-commerce websites and billers in India that support Visa credit cards.
International Acceptance
Accepted at millions of Visa merchant locations and ATMs worldwide for purchases and cash withdrawals.
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Yes Bank EMI Visa Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian residents only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹500,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant should be salaried or self-employed with a stable income, maximum age typically 60 years, valid PAN and Aadhaar, clean credit history with no recent defaults, and preferably an existing banking relationship or verifiable address and contact details.
How Approval Is Decided
- Indian resident between 21 and 60 years of age.
- Stable employment or business income with minimum salaried income of around ₹25,000 per month or sufficient ITR for self-employed.
- Clean credit history with a CIBIL score preferably 700 or above and no recent defaults.
- Successful KYC verification with valid PAN, Aadhaar and address proof as per YES Bank policy.
Pros of Yes Bank EMI Visa Credit Card
- Automatic EMI conversion and EMI-on-call options make big purchases easier to manage.
- 1% cashback on non-EMI spends with a clear, easy-to-understand reward structure.
- Low joining and annual fee with a straightforward renewal fee waiver at ₹1.2 lakh spends.
- Low income requirement makes it accessible to beginners building their first credit profile.
- Fuel surcharge waiver and complimentary credit shield insurance add extra practical value.
Cons of Yes Bank EMI Visa Credit Card
- No travel, lounge access or premium lifestyle benefits compared to other YES Bank cards.
- Cashback on non-EMI spends is capped at ₹500 per month, limiting value for heavy spenders.
- No reward points or cashback on EMI transactions despite the card being EMI-focused.
- Foreign currency markup of 3.5% makes it less suitable for frequent international travellers.
- Additional fees may apply on certain rent, utility, education and wallet transactions as per latest terms.
Frequently Asked Questions about Yes Bank EMI Visa Credit Card
What are the joining and annual fees for the YES Bank EMI Visa Credit Card?
The joining and renewal fee is ₹499 plus applicable taxes. The renewal fee is waived if you spend at least ₹1,20,000 on eligible retail purchases in the previous card anniversary year.
What is the income and age eligibility for the YES Bank EMI Visa Credit Card?
You should typically be between 21 and 60 years old. Salaried applicants need a minimum net monthly income of about ₹25,000, while self-employed applicants are generally expected to have annual ITR of ₹5 lakh or more and a good credit score.
Is the YES Bank EMI Visa Credit Card good for international transactions?
You can use the card internationally wherever Visa credit cards are accepted, but a foreign currency markup of around 3.5% applies on such transactions, so it is not the most cost-efficient option for frequent international travellers.
How much cashback can I realistically earn every month with this card?
If most of your non-EMI spends stay within ₹50,000 per month, you can typically earn up to the maximum 1% cashback cap of ₹500 per statement cycle, provided the spends are in eligible categories that earn cashback.
Who should apply for the Yes Bank EMI Visa Credit Card?
This card is best suited for beginners and value-conscious shoppers who often make big-ticket purchases like electronics, gadgets or appliances and want to convert them into affordable EMIs while still earning 1% cashback on regular non-EMI spends.
How does automatic EMI conversion work on the YES Bank EMI Credit Card?
Whenever you make an eligible transaction above the preset threshold, YES Bank automatically converts it into an EMI at around 18% p.a. with a 1% processing fee. Your statement will then show fixed monthly instalments instead of the full purchase amount.
Do EMI transactions earn cashback or reward points on this credit card?
No, transactions that are converted into EMIs do not earn cashback or reward points. The 1% cashback is usually applicable only on eligible non-EMI retail spends, subject to category-wise exclusions and a monthly cap.
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