YES BANK BYOC Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
"Limit yourself to holding two credit cards A/C—one for daily expenses and auto-debits, and another reserved for emergencies.
Avoid chasing cashback, miles, rewards or Investments, as this can distract from sound financial management;
and lead to unnecessary debt. Focus on stability & discipline."
YES BANK BYOC Credit Card Review:
Build Your Own Rewards for Every Lifestyle
Introduction
The YES BANK BYOC Credit Card ("Build Your Own Card") revolutionizes flexibility for Indian credit cardholders. Designed for those who want to personalize their rewards, merchant offers, and benefits, BYOC enables users to choose the rewards model, cashback partners, card design, and subscription plan that fit their unique spending needs. Whether you’re a foodie, a travel lover, an online shopper, or a frequent moviegoer, BYOC adapts to your lifestyle—no more compromise between reward types or benefit categories.
Key Features and Benefits
Welcome Offer
- Free ₹500 Amazon voucher on spending ₹1,000 within 30 days of card activation*.
Customizable Rewards
- Choose between 1% unlimited cashback across all spends or 8 YES Rewardz points for every ₹200 spent, switchable at any time.
- Accelerated cashback: Up to 10% on chosen merchants — Swiggy, Uber, Pharmeasy, BookMyShow, and BigBasket (via subscription plan).
Lounge
- 1 complimentary domestic lounge visit per quarter.
Insurance Coverage
Credit Shield cover of INR 2.5 Lakhs in case of accidental death of Primary Card member.
BYOC Credit Card Fees & Charges Overview
| Fee Type | Details |
|---|---|
| One-Time Fee (First Statement) | Eco-Friendly Card: ₹249 + taxes, Metal Card: ₹3,499 + taxes. |
| Monthly Card Perk Fee | BYOC Cashback: ₹99 + taxes (₹49 + taxes for cards onboarded before 1st Oct’23)BYOC Rewards: ₹49 + taxes. |
| Subscription Plan Fee | Silver: ₹99/month, Gold: ₹149/month, Platinum: ₹249/month. |
| Interest Rate | 3.99% per month (47.88% annually) on Revolving Credit, Cash Advances, and Overdue Amounts. |
| Foreign Currency Mark-up | 3.5%. |
| Rental Transactions (Max 5/month) | Up to ₹1,000: 1% or ₹1 (whichever is higher) Above ₹1,000: 1% or ₹199 (whichever is higher). |
| Wallet Transactions | Minimum 1% or ₹1 (whichever is higher). |
| Utility Charges | 1% + GST on monthly spends above ₹15,000, Fee capped at ₹3,000/month. |
| Education Fee Payment Charges | 1% + GST via third-party apps , Fee capped at ₹5,000/month. |
| Fuel Transaction Charges | 1% + GST on transactions > ₹10,000, Fee capped at ₹5,000/month. |
Struggling to keep up with mounting credit card bills?
Card Essentials
| Type | Reward Points |
| Welcome Benefits | ₹500 Amazon voucher* |
| Annual Fee | Eco-Friendly ₹249, Metal ₹3,499 + GST |
| Reward Structure | Rewards on Eligible SPENDS |
| Renewal Benefit | n/a |
Rewards and Benefits Analysis
Who Benefits Most?
Power users who want both cashback and rewards flexibility.
Cardholders who favor digital merchant deals on food delivery, groceries, rides, and entertainment.
Merchant Plans – Real Value
Choose Silver (2 merchants, ₹99/mo), Gold (3 merchants, ₹149/mo), or Platinum (5 merchants, ₹249/mo) to unlock 10% cashback on selected partners (max ₹100 per merchant per billing cycle).
Core Rewards
1% cashback — unlimited, automatically credited.
Or, 8 points per ₹200 spend, redeemable for travel, vouchers, or merchandise (worth up to ₹0.25/point).
Rewards do not apply to fuel, cash withdrawals, wallet loads, EMI transactions, or fee payments.
Example
₹10,000 spent on Swiggy under Platinum plan = ₹1,000 cashback (capped).
Practical Considerations
Fees & Charges
Metal Card: ₹3,499 (one-time); Eco Card: ₹249.
Monthly fee: ₹99–₹299, depending on perks/plan; cashback/reward plan fee is ₹49–₹99/mo.
Interest rate: 3.8%–3.99% p.m. on carried balances.
Foreign currency markup: Up to 3.5% — standard for tier.
Cash advance: 2.5%/min ₹300.
Wallet & rent spends: 1% fee on transactions above ₹1.
Eligibility
Age: 21–60 years.
Income: Salaried/self-employed with ₹25,000+/month or annual ITR of ₹7.5 lakh+.
KYC required: PAN, Aadhaar, income proof.
Available only to new YES BANK cardholders.
Hidden Costs
Merchant cashback capped per brand per cycle; plan changes allowed monthly.
EMI, cash advance, wallet loads and rent transactions do not earn base rewards.
International travel benefits absent; only domestic lounges covered.
Redemption Options
YES Rewardz Platform
Redeem points for travel, e-gift vouchers, gadgets, apparel, or bill credits; 1 point ≈ ₹0.25.
Cashback credited automatically—no manual claims.
No redemption fee for cashback; reward redemption is free.
Best-value Strategy
Choose cashback if you want set-and-forget simplicity.
Use Platinum Plan for maximum merchant cashback if monthly spend at partners is high.
Ideal User Profile
Customizers: People who dislike one-size-fits-all rewards and want control.
Digital Shoppers: Frequent users of Swiggy, BigBasket, BookMyShow, etc.
Movie & Food Lovers: Enjoy ongoing deals and discounts.
Travellers & Golfers: Take advantage of lounges and annual golf perks.
Responsible Card Users: Comfortable tracking monthly fees and switching plans as needed.
Final Thoughts
Strengths
Unrivalled flexibility—choose cashback, rewards, merchant perks, and even the card’s materials.
High rewards/cashback rates on selected partners.
Low barrier annual/monthly fees and transparent structure.
Limitations
No international travel/lounges.
Plan management may require regular attention.
Merchant cashback capped per cycle; heavy spenders may hit limits quickly.
Foreign markup and wallet/load/rent fees may impact net value.
Additional Tips for Applicants
Income Proof: Recent payslip or ITR of ₹7.5 lakh+ recommended for easy approval.
Digital KYC: Apply online via YES BANK portal, select card design and plan during onboarding.
Maximize Benefits: Review spend monthly to optimize merchant cashback and rewards plan—switch plans as your priorities evolve.
Payment Strategy: Pay full balances monthly to avoid interest charges. Use rewardz portal regularly to prevent point expiry.
Merchant Plan Selection: If monthly food/movie/grocery spend at partners exceeds ₹1,500, Platinum Plan offers the best cashback ROI.
For customizable rewards and everyday savings, YES BANK BYOC Credit Card is a top contender for India’s flexible, digital-first spenders.
This review offers a clear and balanced overview of the YES BANK BYOC Credit Card’s strengths and limitations, helping readers make an informed choice about whether this card fits their
Spending Habits And Financial Goals.
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