Yes Bank Novio Rupay Credit Card

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

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

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

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