YES Bank Wellness Plus Credit Card
Gaurav
The YES Bank Wellness Plus Credit Card is a special card that offers great health benefits and exciting rewards. You earn 6 Reward Points for every ₹200 spent and 30 Reward Points (5X) for every ₹200 spent at pharmacies. You also get 1,000 Reward Points when you register for YES PayNow. The card includes health perks like 12 free fitness sessions each month and free preventive health checkups through the app.
For travel, you get 2 free visits to airport lounges every quarter, with access to over 30 lounges across India. The card has a joining fee of ₹1,499 and offers extra benefits like insurance and a fuel surcharge discount. For more details about the card, its fees, and benefits, check the full information.
Rewards and Benefits
Movie & Dining
N/A
Domestic Lounge Access
8 complimentary access to domestic lounges annually (2 per quarter).
Rewards Rate
You earn 6 Reward Points for every ₹200 spent, and 30 Reward Points for every ₹200 spent at chemist or pharmaceutical stores.
Golf
N/A
Travel
Get complimentary access to domestic lounges
Insurance Benefits
You get life insurance coverage of ₹1 crore, medical insurance worth ₹25 lakhs, and credit shield coverage in case the primary cardholder passes away in an accident.
International Lounge Access
N/A
Reward Redemption
You can redeem your reward points on Yes Rewardz. 1 point is worth ₹0.25 when used for hotel and flight bookings, and 1 point is worth ₹0.10 when used for products, gift vouchers, and more.
Fees & Charges
Interest Rates
3.80% per month (45.60% annually)
Spend-Based Waiver
N/A
Rewards Redemption Fee
Rs. 100
Cash Advance Charges
2.5% of the amount withdrawn or Rs. 300 (whichever is higher).
Foreign Currency Markup
3.50 +GST
Fuel Surcharge
1% fuel surcharge waiver on all fuel transactions above Rs. 400 and below Rs. 5,000.
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
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