YES Bank Wellness Plus Credit Card – Benefits, Fees & Eligibility

Introduction

The YES Bank Wellness Plus Credit Card, issued by YES Bank, is positioned as a unique card offering significant health benefits alongside a robust rewards program. It stands out with 12 complimentary fitness sessions every month and complimentary preventive health checkups. Cardholders also earn 6 Reward Points per ₹200 spent, with an accelerated rate of 30 Reward Points per ₹200 on pharmaceutical/chemist stores, and enjoy 8 complimentary domestic lounge accesses per year.

Fees

• Joining Fee: ₹1,499 + GST
• Annual Fee: ₹1,499 + GST
• Annual Fee Waiver: No waiver available for joining or renewal fees.
• Rewards Redemption Fee: ₹100
• Foreign Currency Markup: 3.5% on all international spends.
• Interest Rates: 3.99% Per Month (47.88% Annually)
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on all fuel transactions above ₹400 and below ₹5,000 across all fuel stations in India.
• Cash Advance Charges: 2.5% of the Amount Withdrawn or ₹500 (Whichever is Higher).

Rewards

• Reward Rate:
  • 30 Reward Points per ₹200 spent on pharmaceutical/chemist stores.
  • 6 Reward Points per ₹200 spent on other purchases.
• Health Benefits:
  • 12 complimentary fitness sessions each month, which include Yoga, Zumba, and Gym.
  • Complimentary dental & eye checkups every year.
  • Complimentary preventive health checkups every year.
  • Unlimited consultation with specialists, nutritionists, and practitioners.
• Airport Lounge Access:
  • 8 complimentary access to domestic lounges per year (a maximum of 2 per quarter).
  • Access is available to over 30 airport lounges in India.
  • Condition: 2 domestic lounge visits each calendar quarter are granted on spends of ₹50,000 or more in the previous quarter.
• Insurance Benefits:
  • Medical insurance coverage of ₹25 lakhs in case of emergency hospitalization.
• Other Offers: Great offers across shopping, wellness, travel, etc.

Rewards Redemption Guide

• Reward points are redeemable on the dedicated website, Yes Rewardz.
• 1 Reward Point = ₹0.25 when redeeming against hotel and flight bookings.
• 1 Reward Point = ₹0.10 when redeemed for gift vouchers & product catalogs.
• Reward Points can also be redeemed against Air India Maharaja Club Points at the rate of 15 Reward Points = 1 Maharaja Point.

Card Eligibility Criteria

• Age: Between 21 Years and 60 Years.
• Income: Above ₹20,000 per month (or Tax Return of ₹7.5 lakh).
• Credit Score: Decent credit score (750 or above).
• Availability: This credit card is only available in Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi & NCR, Hyderabad, Jaipur, Kolkata, Mumbai, Pune, Thane, and Navi Mumbai.

Card Review

The YES Bank Wellness Plus Credit Card is an excellent choice for individuals seeking a credit card that combines health benefits with a rewarding points system. It offers exclusive health benefits such as complimentary fitness sessions, health checkups, and consultations, making it highly valuable for health-conscious users. The card also provides accelerated reward points on pharmaceutical spends and complimentary domestic lounge access. While it comes with a joining and annual fee that cannot be waived, its comprehensive health and lifestyle benefits, along with a decent rewards program, make it a compelling option.

Important Product Details

• Positive Highlights:
  • Earn 30 Reward Points for every ₹200 spent on pharmaceutical/chemist stores.
  • Earn 6 Reward Points for every ₹200 spent on other purchases.
  • Receive 12 complimentary fitness sessions every month (Yoga, Zumba, Gym).
  • Benefit from complimentary preventive health checkups, dental & eye checkups, and unlimited consultations with specialists.
  • Enjoy 8 complimentary domestic lounge visits per year (maximum 2 per quarter).
  • Get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000.
  • Includes medical insurance coverage of ₹25 lakhs for emergency hospitalization.
• Negative Highlights:
  • A joining fee of ₹1,499 + GST and an annual fee of ₹1,499 + GST apply.
  • There is no option for an annual fee waiver.
  • A Rewards Redemption Fee of ₹100 is charged.
  • A foreign currency markup of 3.5% is applied to all international spends.
  • The interest rate is 3.99% per month (47.88% annually).
  • Cash advance charges are 2.5% of the amount withdrawn or ₹500 (whichever is higher).
  • Domestic lounge access is conditional on spending ₹50,000 or more in the previous quarter.
  • The card is only available in specific cities.

Other Details

• The card is best suited for health-related benefits.
• The reward type is Reward Points.