YES BANK RuPay Credit Card

The catch: the good rate starts at ₹2,000

This card's best rate only applies to UPI payments above ₹2,000. That one line decides whether it earns you anything. A ₹1,500 grocery scan earns the lower rate, and users report that many shops refuse credit on UPI for larger bills. What you get in return is a lifetime free, virtual RuPay card that lets you pay merchant QR codes from a credit line.

This page is YES Bank's own RuPay card. It is not Kiwi, FinBooster, PaisaSave or POP-CLUB, which also run on YES Bank, and it has nothing to do with the SBI, Axis or PNB RuPay cards most people search for.

What ₹200 at a time earns

Rewards come as YES Rewardz points, counted per ₹200:

• UPI merchant payments above ₹2,000: 4 points per ₹200.
• Other eligible spends: 2 points per ₹200.
• Utility bills: capped at 150 points per statement cycle.
• All spends together: capped at 5,000 points a month.

The bank page does not state what a point is worth. Our CMS uses ₹0.25, which puts the UPI rate at about 0.5% and the base rate at about 0.25%. Treat both as estimates.

A worked month: five UPI payments of ₹4,000 each earn 400 points, and ₹5,000 of smaller spends earn 50 more. That is 450 points, about ₹112 if a point is worth ₹0.25. You would need roughly ₹2,50,000 of qualifying UPI spend in a month to hit the cap, so for most people the ₹2,000 line matters more.

The growing list of spends that earn nothing

Rent, wallet loads, fuel, government, marketing and advertising, cash and EMI transactions earn no points. From 15 June 2026, insurance, education, railways, toll, ferry and jewellery joined that list. The fuel surcharge waiver also narrowed on the same date: 1% on fills of ₹500 to ₹3,000, capped at ₹125 per statement cycle.

Why your UPI payment fails at some shops

Users across RuPay cards report merchants, from local kiranas to chains like Zudio, switching off credit on UPI to avoid the merchant fee. That is the shop's setting, not your card. Keep your savings account UPI as a backup. Also note that this card works for merchant payments only, not for sending money to a person.

There is no physical card. It is virtual only and links to your UPI app. If you hold other YES Bank cards, each has its own statement and bill, so set up separate autopay.

The bottom line on YES Bank RuPay

It costs nothing to hold, so it is a reasonable backup credit line for merchant UPI if you make several payments above ₹2,000 a month. As a rewards card it is weak. If you want real cashback on UPI, users in the RuPay category mostly prefer Kiwi. Our Kiwi RuPay review explains why.

Credit Card Information Compiled by: Abhijeet Kumar | Reviewed by: Anmol Ratan Sachdeva