Zagg Credit Card

The catch: rewards only through one app

YES Bank's Zagg Credit Card is lifetime free, with no joining or renewal fee, and it was earlier sold as the YES Bank Rio card. The catch is how it pays. The only earning route in our data is UPI payments made through the Zagg app. Card swipes, online card payments and UPI through PhonePe, GPay or BHIM earn nothing, even though the card links to all of them.

The rate itself is not on YES Bank's page. Zagg's app materials, as reported by a third-party listing, say 3% in Zagg Coins, with Coins capped at a value equal to 1.5% of your credit limit per billing cycle. We could not confirm either number or what a Coin is worth in rupees. Check all three in the Zagg app before you move spending.

This page is YES Bank's Zagg. It is not the PNB Zaggle "twin" card that many Reddit threads discuss, a different bank's Visa and RuPay Select pair. The RuPay Select lounge perks and two-cards-one-limit setup belong to that card, not this one.

What 3% would look like

If the reported cap is right, a ₹50,000 credit limit caps Coins at ₹750 of value per cycle. At 3%, you would reach that at ₹25,000 of Zagg UPI spending. Anything above earns nothing that cycle. Coins are reported to arrive within 7 working days after your statement.

One practical limit: some small merchants do not accept credit card UPI at all, so a scan can fail and ask for another payment source.

Offers that came and went

Users say this most often. Reddit holders describe food delivery and quick-commerce discounts that were good at launch and then stopped. One May 2026 thread from a former Rio holder says the offers ended two months earlier and calls it "the worst card in my wallet now". Older listings still advertise up to 40% off Swiggy and Zomato and movie BOGO deals, but YES Bank's page does not confirm them, so do not apply for those.

Lounges, fuel and the Rio switch

• Lounges: 2 domestic visits a quarter, up to 8 a year, if you spent ₹50,000 in the previous quarter. Nothing in the quarter the card is issued.
• Fuel: 1% surcharge waiver on ₹400 to ₹5,000 transactions, up to ₹250 per statement cycle. GST on the surcharge is not refunded.
• Conversion: legacy Rio holders ask to convert Zagg into a core YES Bank lifetime-free card. Users say YES Bank rarely allows it, so plan for a fresh application and keep Zagg open until the new card is approved.

Getting the card can be slow. Users report video KYC failures, PAN and Aadhaar mismatch errors, and one rejection despite a 769 credit score.

Where Zagg fits in your wallet

As a free UPI side card, it does no harm, and if the 3% rate holds in the app it pays well on small everyday scans. Just do not make it your main card: rewards depend on one app, the published terms are thin, and the offers that drew people in have mostly gone.

If you want steady UPI cashback in a better app, users in our sentiment report prefer the Kiwi credit card.

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