Yes Bank Wellness Credit Card – Benefits, Fees & Eligibility

Introduction

The Yes Bank Wellness Credit Card is a co-branded offering from YES Bank and Aditya Birla Wellness Pvt Ltd, designed to promote self-care and general well-being. It is a more accessible version of the YES Bank Wellness Plus Credit Card, featuring a lower fee structure and tailored benefits. This card emphasizes health and wellness, providing perks such as complimentary health check-ups, doctor consultations, and various lifestyle benefits. Cardholders can earn reward points on diverse spending categories, with enhanced rewards specifically for chemist and pharmaceutical store purchases.

Welcome Benefits

• No specific welcome benefits are mentioned for this card.

Fees

• Joining Fee: ₹499 + GST
• Renewal Fee: ₹499 + GST
• Spend-Based Waiver: Not available
• Rewards Redemption Fee: ₹100 + GST per redemption request
• Foreign Currency Markup: 3.5%
• Interest Rates: 47.88% per annum (3.99% per month)
• Fuel Surcharge: 1% fuel surcharge waiver at all fuel stations in India on transactions between ₹400 to ₹5,000.
  • A maximum waiver limit of ₹250 per statement cycle applies.
• Cash Advance Charges: 2.5% of the transaction amount or ₹300, whichever is higher.

Rewards

• Rewards Rate:
  • Earn 20 Reward Points for every ₹200 spent on Chemist/Pharmaceutical stores.
  • Earn 4 Reward Points for every ₹200 spent on all other categories.
• Movies & Dining:
  • Access great offers and discounts on movies at participating locations on YES Privileges.
  • Access great offers and discounts on dining at participating locations on YES Privileges.
• Travel: No specific travel benefits are mentioned.
• Domestic Lounge Access: No domestic lounge access is provided with this card.
• International Lounge Access: No international lounge access is provided with this card.
• Golf: No golf benefits are mentioned.
• Insurance:
  • Credit Shield coverage in case of accidental death of the Primary cardholder.
• Health & Wellness Benefits:
  • Complimentary preventive health check-up every year.
  • 6 complimentary fitness sessions every month (e.g., Gym, Zumba, Yoga).
  • Unlimited consultations from General Practitioners, Nutritionists, and Specialists through the Aditya Birla Multiply App.
  • All health benefit offers can be availed through the Aditya Birla Multiply App.
• Lifestyle: Access great offers and discounts on shopping and wellness at participating locations on YES Privileges.
• Instant EMI:
  • Convert transactions of ₹2,500 or more into EMIs.
  • Earn reward points when converting transactions into EMI.
  • No documents required.
  • No processing fee.
  • Interest rates range from 12% p.a. to 15% p.a.
  • Repayment period options from 3 months to 24 months.

Rewards Redemption Guide

• Reward points can be redeemed across multiple categories by visiting the YES REWARDZ official website (www.yesrewardz.com).
• A rewards redemption fee of ₹100 + GST applies per redemption request.

Card Eligibility Criteria

• Salaried Employees

  • Age: 21-60 Years
  • Income: Minimum ₹20,000 Per Month

• Self-Employed Individuals

  • Age: 21-60 Years
  • Income: Minimum ₹7.5 Lakh Per Annum (as Per ITR)

• Documents Required

  • Identity Proof: Driving License, PAN Card, Aadhaar Card, Passport, Voter’s ID, etc.
  • Address Proof: Driving License, Aadhaar Card, Utility bills of the latest months, etc.
  • Proof of Income: Latest salary slips or audited ITR.

Card Review

The Yes Bank Wellness Credit Card is designed for individuals who prioritize self-care and overall well-being. It stands out more as a health and wellness card rather than a traditional reward-focused card. Its primary value proposition lies in its comprehensive health benefits, including annual complimentary health check-ups, unlimited doctor consultations, and monthly fitness sessions, all accessible via the Aditya Birla Multiply App. For customers with regular health and medical expenses, especially at chemists/pharmaceutical stores, the accelerated reward points make it an appealing option.

Who should apply: This card is best suited for health-conscious individuals and those who frequently incur medical or wellness-related expenses and expect exclusive benefits in these areas.

Pros:

• Extensive health and wellness benefits, including complimentary check-ups and fitness sessions.
• Accelerated reward points on chemist/pharmaceutical spending.
• Credit Shield coverage for primary cardholders.
• Fuel surcharge waiver.
• Option to convert large transactions into EMIs with no processing fee.

Cons:

• No airport lounge access (domestic or international).
• No specific welcome benefits.
• No spend-based waiver for the annual fee.
• High interest rates (47.88% p.a.).
• Reward redemption fee applies.

Overall, if your lifestyle heavily revolves around health and wellness, and you can leverage the card's specific benefits, it offers considerable value. However, for those seeking travel perks, general shopping rewards, or a lower interest rate, other credit card options might be more suitable.

Important Product Details

• Co-branded credit card with Aditya Birla Wellness Pvt Ltd, focusing on health and well-being.
• Annual Joining Fee: ₹499 + GST.
• Annual Renewal Fee: ₹499 + GST.
• No spend-based waiver for the annual fee.
• Earn 20 Reward Points for every ₹200 spent at Chemist/Pharmaceutical stores.
• Earn 4 Reward Points for every ₹200 spent on all other categories.
• Complimentary preventive health check-up every year.
• 6 complimentary fitness sessions every month (Gym, Zumba, Yoga, etc.).
• Unlimited consultations with General Practitioners, Nutritionists, and Specialists via the Aditya Birla Multiply App.
• Credit Shield coverage for accidental death of the primary cardholder.
• 1% fuel surcharge waiver (transactions ₹400-₹5,000, max ₹250/statement cycle).
• No domestic or international airport lounge access.
• Reward points can be redeemed through the YES Rewardz Portal.
• A redemption fee of ₹100 + GST is charged per request.
• High interest rate of 47.88% per annum.
• Minimum transaction amount for Instant EMI is ₹2,500, with no processing fee and interest rates from 12%-15% p.a.

Other Details

• How to Apply:
  • Click on 'Apply Now'.
  • Provide all necessary details and documents.
  • Click on the ‘Submit’ button.