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Yes Bank ACE Credit Card: Fees, Rewards & Benefits

Rewards card

Vyaya Team · Aug 2026
5 min read
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Value Score
8.0 / 10
Annual Fee
₹499
Best For
Online Shopper, First-Time Cardholder
Network
Visa
Expert Verdict

The Yes Bank ACE is an affordable shopping card with 4x online earning (capped 5,000 points/month) and useful insurance and dining perks. At 0.25 INR per point, returns near ~1% online, and the lack of lounge access plus a wide exclusion list limit broader appeal.

YES BANKVisa
Yes Bank ACE
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REWARD SUMMARY
0.25% Base Rewards
Rewards card
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The Bottom Line

The Yes Bank ACE is built for online shopper and first-time cardholder. With a ₹499 annual fee that is waived on ₹50,000 yearly spend, it offers 1% rewards on online shopping and a welcome benefit worth ₹500. It makes the most sense if your spending matches online shopper and first-time cardholder.

It earns a base reward rate of 0.25% and stacks best when your spending lines up with Online Shopper, First-Time Cardholder. The renewal fee gets easier to justify once you can hit ₹50,000 in yearly spend.

What we like
+Accelerated 8 points per INR 200 (4x base) on online shopping and 4 per INR 200 (2x) on offline shopping, each capped at a generous 5,000 points/month.
+Low INR 499 annual fee, waived on just INR 50,000 of annual spend.
+Insurance cover including credit shield (INR 1,00,000), lost card liability (INR 1,30,000) and purchase protection (INR 50,000).
+Minimum 15% dining discount at 1,000+ partner restaurants.
+Accessible eligibility with a minimum income of just INR 3 lakh.
What we don't
Reward points are worth only 0.25 INR, so the online 4x rate is ~1% and base ~0.13%.
No airport lounge access (0 domestic, 0 international).
A long exclusion list: fuel, government, rent, wallet loads, EMIs and even UPI transactions earn no points.
Base earn is a weak 2 points per INR 200.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Online Shopper

Users with regular online spends who can use the 8-points-per-INR-200 online rate up to the 5,000-point monthly cap and waive the INR 499 fee at INR 50,000 spend.

+
First-Time Cardholder

Those with modest income (INR 3 lakh minimum) wanting an affordable card with insurance and dining perks.

Probably not for

Skip
Traveller

No lounge access makes it weak for those who fly.

UPI/Bill-Heavy User

Fuel, rent, utilities, UPI and EMIs earn nothing, so spends in these areas are wasted.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹500
Annual fee-₹499
Net Value (Year 1)+1
Net Value (Year 2+)-499
Progress to fee waiver0%

Spend ₹50,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Yes Bank ACE offers 0.25% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Online Shopping
1%
Offline Shopping
0.5%

Welcome Offer

Welcome Benefit

Rs. 500 Amazon voucher on spends of Rs. 1,000 within the first 30 days of card setup (online applications only). Separately, the joining fee of Rs. 499 + GST is reversed on spends of Rs. 5,000 within 30 days of card setup.

Value: ₹500

Milestone Benefits

Spend ₹50,000

Annual/renewal fee waiver on retail spends of Rs. 50,000 in the 12 months prior to renewal.

Fees & Charges

Joining fee₹499
Annual fee₹499
Fee waiverSpend > ₹50,000

Eligibility

  • Min Income: ₹7.5 Lakhs
  • Min Credit Score: 700
  • Salaried/self-employed age 21-60; min net monthly salary Rs 25,000 or ITR Rs 7.5 lakh; joining fee Rs 499 reversed on Rs 5,000 spend in 30 days.

Exclusions & Terms

Forex markup

  • Foreign currency markup

UPI Transactions

  • Does not earn reward points.

Cash Withdrawals

  • Does not earn reward points.

EMI Transactions

  • Transactions converted into EMIs do not earn reward points.

Frequently Asked Questions

2 data-backed answers from our card database

What is the annual fee of the Yes Bank ACE?+

The Yes Bank ACE has an annual fee of ₹499, waived on annual spends of ₹50,000.

What rewards does the Yes Bank ACE offer?+

It earns YES Rewardz Points, with accelerated earning on Rewards.

Ready to apply?

₹499 annual fee. Apply on the Yes Bank website.

Apply on Yes Bank

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