YES Bank Elite+ Credit Card

Best for: Online-heavy spenders who will hit the early and annual spend thresholds, Users who want both domestic and international lounge access at a low fee, Regular BookMyShow moviegoers

Mid tier — a solid all-rounder for steady monthly spend.

Strongest value if you spend heavily on Online Shopping ( 1.2% back).

Frequent travellers benefit from the included airport lounge access.

• 12 points per ₹200 online — a genuine ~1.2%, up to ~1.5% on travel redemptions
• Joining fee waived on ₹20,000 spend in the first 30 days
• Domestic and international airport lounge access
• 25% BookMyShow discount and a fuel surcharge waiver

• Domestic lounge access is spend-gated (₹50,000 in the prior quarter)
• Offline and utility earn is modest (0.6% and 0.4%); rent, fuel, wallet, insurance and education spends earn nothing
• Points lose value on gift vouchers; a ₹100 + GST fee applies per redemption request
• Renewal fee needs ₹2 lakh annual spend to waive
• Existing YES Bank credit cardholders are not eligible to apply

Ways to convert what you earn into real value.

🎁 Redeem YES Reward Points on the YES rewardz portal for flights and hotels (best value)

🎁 Gift vouchers, products and statement credit (lower value)

🎁 A ₹100 + GST fee applies per redemption request (a ₹99 + GST convenience fee applies to flight bookings made with points)

🎁 YES Reward Points expire 3 years after accrual

The Elite+ offers dependable value for regular online spenders willing to meet its milestone targets. Earning 12 points per ₹200 online provides a respectable ~1.2% return, while the ₹20,000 first-month spend waives the joining fee and ₹2 lakh annual spend covers renewal. The card is bolstered by domestic lounge visits (2 per quarter, spend-gated), 3 international lounge visits annually, and a BookMyShow discount. Downside factors include low offline and utility earn rates, extensive reward exclusions (including rent, fuel, insurance, and education), and a ₹100 + GST redemption fee—making travel redemptions the most effective path.

Sources & verification

Fees, reward rates, and benefits for the YES Bank Elite+ Credit Card are taken from YES Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 7 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for YES Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2019 · 15 changes · last change Jun 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

▼ Fee Effective 15 Jun 2026

Cash-advance, auto-debit-failure, cash-deposit and reissuance fees raised

Cash advance 2.5% or ₹500 · auto-debit failure 2% or ₹450 · cash deposit ₹100 · reissuance ₹100 → Cash advance 2.5% or ₹650 · auto-debit failure 2.5% or ₹500 · cash deposit ₹500 · reissuance ₹199

The same MITC revision lifts the charges that bite when things go wrong: the cash-advance minimum rises from ₹500 to ₹650, the auto-debit-failure charge from 2% or ₹450 to 2.5% or ₹500, branch cash-deposit repayment from ₹100 to ₹500, and plastic-card reissuance from ₹100 to ₹199 (all plus GST). None of these touch the earn rate, but they raise the cost of a slip.

Verification: YES Bank ↗ · Confidence: High

▼ Fee Effective 15 Jun 2026

Forex markup raised from 2.75% to 3.00%

2.75% → 3.00%

YES Bank's MITC v18 raises the Elite+ foreign-currency markup from 2.75% to 3.00% with effect from 15 June 2026. On ₹1,00,000 of overseas or foreign-merchant spend that is an extra ₹250 before GST — the card's ~1.2% online earn no longer comes close to covering the markup abroad.

Verification: YES Bank ↗ · Confidence: High

▼ Benefit Effective 15 Jun 2026

Fuel surcharge waiver window narrowed

₹400 to ₹5,000 per transaction → ₹500 to ₹4,000 per transaction

From 15 June 2026 the 1% fuel surcharge waiver on the Elite+ applies only to transactions between ₹500 and ₹4,000, down from ₹400 to ₹5,000. Small top-ups under ₹500 and full-tank fills above ₹4,000 now fall outside the waiver; the per-cycle waiver cap is unchanged.

Verification: YES Bank ↗ · Confidence: High

▼ Reward Effective 15 Jun 2026

Reward exclusions widen; select categories shrink to utilities + streaming

Insurance, education, railways, toll, ferry and jewellery earned points; select categories included insurance and education → No points on insurance, education, railways, toll, ferry or jewellery; select categories now only utilities (MCC 4900) and cable/streaming (MCC 4899)

Effective 15 June 2026 YES Bank stopped awarding YES Rewardz on insurance, education, railway, toll, ferry and jewellery transactions — on top of the existing rent, wallet, fuel, government, marketing/advertising, cash and EMI exclusions. The half-rate "select categories" tier was simultaneously narrowed to utilities (MCC 4900) and cable/streaming services (MCC 4899) only. The card's own page publishes the new lists.

Verification: YES Bank ↗ · Confidence: High

◆ Benefit Effective 1 Jun 2026

Over-limit facility reinstated, at ₹550 a time

Withdrawn — spends above the limit declined → Available again, ₹550 + GST per instance

Thirteen months after withdrawing it, YES Bank brought the over-limit facility back from 1 June 2026: eligible cardholders can again transact above their sanctioned limit, but each such instance now carries a ₹550 + GST charge. Eligibility is set by the bank's own risk view, not by the card.

Verification: YES Bank ↗ · Confidence: High

▼ Benefit Effective 1 May 2025

Over-limit facility discontinued

From 1 May 2025 YES Bank switched off the over-limit facility across its credit cards including the Elite+ — transactions above the sanctioned limit were declined and the ₹500 over-limit charge stopped applying. The bank reversed this in June 2026.

Verification: CardAdvisor Research · Confidence: High

▼ Lounge Observed 30 Oct 2024 · Effective 1 Apr 2025

Domestic lounge spend gate raised to ₹50,000 a quarter

₹35,000 / quarter → ₹50,000 / quarter

Announced on 30 October 2024 and effective 1 April 2025, the prior-quarter spend needed to unlock the Elite+'s 2 complimentary domestic lounge visits a quarter rose from ₹35,000 to ₹50,000 — the third tightening of this gate in about a year. International lounge access (3 visits a year) stayed ungated.

Verification: CardAdvisor Research · Confidence: High

▼ Reward Effective 1 Apr 2025

Government, marketing and advertising spends stop earning points

From 1 April 2025 the Elite+ earns no YES Rewardz points on government, marketing and advertising transactions. For anyone routing tax or ad-platform payments through the card, that spend now returns nothing at all.

Verification: CardAdvisor Research · Confidence: High

▼ Fee Effective 1 Dec 2024

Finance charges raised to 3.99% per month

3.99% per month (47.88% p.a.)

YES Bank raised the finance (interest) charge on the Elite+ to 3.99% a month — about 47.88% annualised — with effect from 1 December 2024. It only matters if you revolve a balance, but at that rate a single revolved month wipes out a year of the card's rewards.

Verification: CardAdvisor Research · Confidence: High

▼ Redemption Effective 1 Dec 2024

Point redemption capped at 70% of invoice

Full invoice redeemable in points → 70% of invoice, max 1,00,000 points a calendar month

From 1 December 2024 YES Rewardz points can cover only 70% of a flight or hotel invoice, with the remaining 30% payable in cash. As an "other credit card" in the MITC redemption table, the Elite+ is also capped at 1,00,000 points redeemed in a calendar month.

Verification: CardAdvisor Research · Confidence: High

▼ Lounge Observed 21 Mar 2024 · Effective 1 Jul 2024

Domestic lounge spend gate raised to ₹35,000 a quarter

₹10,000 / quarter → ₹35,000 / quarter

Barely three months after introducing a spend gate, YES Bank raised it three and a half times over: from 1 July 2024 the Elite+ needed ₹35,000 of prior-quarter spend, not ₹10,000, to unlock its 2 domestic lounge visits a quarter. Superseded by the ₹50,000 bar in April 2025.

Verification: CardAdvisor Research · Confidence: High

▼ Lounge Observed 5 Feb 2024 · Effective 1 Apr 2024

Domestic lounge access made spend-linked

Unconditional with the card → ₹10,000 spend in the previous quarter

From 1 April 2024 the Elite+'s 2 complimentary domestic lounge visits a quarter stopped being automatic: cardholders had to spend at least ₹10,000 in the preceding quarter to qualify for the next one. This was the first of three successive tightenings of the same gate.

Verification: CardAdvisor Research · Confidence: High

▲ Benefit Effective 18 Dec 2023

Purchase protection cover added

The same December 2023 revamp added purchase protection to the card — insurance against accidental damage to electronics and mobile phones bought online, valid for six months from purchase.

Verification: CardAdvisor Research · Confidence: Reconstructed

◆ Reward Effective 18 Dec 2023

Renamed from YES Premia to ELITE and earning switched to online vs offline

12 points per ₹200 on travel and dining → 12 points per ₹200 on online spends, 6 per ₹200 offline

On 18 December 2023 YES Bank renamed the Premia as the ELITE — later styled ELITE+ — and rebuilt its earning around the transaction channel rather than the merchant type: the 12-points per ₹200 accelerator moved off travel and dining and onto all online spend, with offline at 6 and select categories such as utilities, insurance and education at a reduced rate. Fees and charges were unchanged, and existing Premia holders got the new terms immediately with the new plastic on renewal.

Verification: CardAdvisor Research · Confidence: High

◆ Launch Effective 2019

Launches as the YES Premia Credit Card

YES Bank introduced the Premia in 2019 as a semi-premium card sitting between the Prosperity range and YES First Preferred, tied to its Premia banking programme. At launch it earned 3 points per ₹100 on retail and 4 per ₹100 on groceries, supermarkets and dining, with 2 domestic lounge visits a quarter, 2 international visits a year, a 2.5% forex markup and a 25% BookMyShow discount. YES Bank's current MITC still records that "Elite+ was earlier known as YES Premia".

Verification: CardAdvisor Research · Confidence: Reconstructed

↓ Show all 15 changes Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.

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Quick summary

Type Mid credit card

Reward rate 0.6%–1.2%

Best for Online-heavy spenders who will hit the early and annual spend thresholds

Joining fee ₹999

Annual fee ₹999

Reviewed by

Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade

Last verified 7 Aug 2026

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