Yes Bank Novio Credit Card

Yes Bank Novio Credit Card is a rewards credit card from YES Bank. ₹0.20 (can be redeemed onlly against brand vouchers).

Joining fee: Nil
Annual fee: Nil
Forex markup: 3.5%
Interest: 3.99% per month (47.88% annually)

More YES cards

Welcome benefits

Welcome benefits worth ₹5,000 in form of brand vouchers

Rewards & cashback

₹0.20 (can be redeemed onlly against brand vouchers)
User earn 10 novio Coins per ₹100 on UPI spends using Novio app + Novio Credit Card
Novio UPI Cashback Rate: 2%
User earn 5 novio Coins per ₹100 on all other spends
General Cashback Rate: 1%

Milestone benefits

Earn 2,500 Novio coins on spending ₹25,000 in the first 30 days. 5,000 Novio Coins on spending ₹1.5 Lakhs. 15,000 Novio Coins on spending ₹4,00,000 in a year

Airport lounge access

8 domestic airport lounge visits, user needs to spend minimum of ₹50,000 in the previous quarter

Dining

20% off on Swiggy food orders above ₹499

More benefits & features

Get 5% Cashback on Amazon on on Mobiles, TV, Appliances, Fashion, Electronics, Home, Kitchen, and Furniture
User will get 10% cashback on Zepto upto ₹50, on transactions above ₹499

Fees & charges

Joining fee: Nil
Annual fee: Nil
Foreign currency markup: 3.5%
Interest rate: 3.99% per month (47.88% annually)
Late payment: Nil for total outstanding up to ₹500; above ₹500, the lower of 10% of the statement balance or ₹1,350, capped at ₹1,500 per cycle (per MITC)
Cash advance: 2.5% of the amount (minimum ₹500)
Other fees: 1% surcharge, waived (novio advertises this plus 15% novio Coins on fuel); monthly cap not specified

Pros and cons

What works well

Welcome benefits worth ₹5,000 in form of brand vouchers
Value of 1 novio Coin = ₹0.20 (can be redeemed onlly against brand vouchers)
User earn 10 novio Coins per ₹100 on UPI spends using Novio app + Novio Credit Card
Novio UPI Cashback Rate: 2%
User earn 5 novio Coins per ₹100 on all other spends
General Cashback Rate: 1%

Worth knowing

Low general cashback rate
Cashback on various categories is capped
Reward points cannot be redeemed agaisnt cash

Who can apply

Age: Between 21 and 60 years
Employment Type: Salaried or self-employed
Income Requirement: Monthly salary of ₹25,000 or Annual Income Tax Return (ITR) of ₹7.5 Lakhs or more

How to apply

Online:
Visit Yes Bank website
Fill out the online application form with the correct details
Upload the required documents when prompted
Submit the application and track its status online Bank Branch:
Visit the Yes Bank branch nearest to you
Meet a customer service representative and express your interest of availing the credit card
Provide them with your KYC documents and fill out the application form
Submit the application and inquire about further processing steps

Details come from information published by YES Bank and may change. Confirm current fees, benefits and eligibility with the bank before applying. Some links are partner links; MyRupaya may earn a commission at no extra cost to you.