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Yes Bank ELITE+ Credit Card: Fees, Rewards & Benefits

Utilities card with lounge access

Vyaya Team · Jun 2026
5 min read
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Value Score
8.0 / 10
Annual Fee
₹999
Best For
Online Shopper, Occasional Traveller
Network
Mastercard
Expert Verdict

The Yes Bank ELITE+ is a mid-tier card strong on online shopping (12 points per INR 200, capped 12,000/month) with decent lounge access and insurance. A 0.25 INR point value, reduced utility earning and a high INR 9 lakh income bar mean it rewards online-heavy spenders who clear the INR 2 lakh waiver.

YES BANKMastercard
Yes Bank ELITE+
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REWARD SUMMARY
0.75% Base Rewards
Utilities card with lounge access
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The Bottom Line

The Yes Bank ELITE+ is built for online shopper and occasional traveller. With a ₹999 annual fee that is waived on ₹2,00,000 yearly spend, it offers 1.5% rewards on online shopping and a welcome benefit worth ₹5,000. It makes the most sense if your spending matches online shopper and occasional traveller.

It earns a base reward rate of 0.75% and stacks best when your spending lines up with Online Shopper, Occasional Traveller. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.

What we like
+Strong online earning: 12 points per INR 200 on online shopping with a very high 12,000-point monthly cap.
+Good lounge access for the tier: 8 domestic and 2 international visits via Priority Pass.
+INR 999 annual fee waived on INR 2,00,000 of annual spend.
+Insurance cover including lost card liability and credit shield, each INR 3,00,000.
+Complimentary golf access (green fees plus a monthly lesson) and 25% off BookMyShow movie tickets.
What we don't
Reward points are worth only 0.25 INR, so online 12x equals ~1.5% and base 6-per-INR-200 ~0.75%.
Utility earning is reduced (4 points per INR 200) and capped at just 300 points/month, with a 1% fee above INR 15,000/month.
High 2.75% forex markup and a steep INR 9 lakh minimum income requirement.
Fuel, government, rent, wallet, cash and EMI spends earn no or reduced points, and education incurs a 1% fee.

Who Should Get This Card

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

Best fit for

Ideal
+
Online Shopper

Frequent online spenders who can exploit the 12-points-per-INR-200 rate up to the high 12,000-point monthly cap and clear the INR 2 lakh fee-waiver bar.

+
Occasional Traveller

Those who will use the 8 domestic + 2 international lounge visits and golf perks.

Probably not for

Skip
Bill/Utility Payer

Utility earning is capped at 300 points/month with fees above INR 15,000, and many categories earn reduced points.

Lower-Income Applicant

The INR 9 lakh minimum income requirement excludes many.

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)+₹5,000
Annual fee-₹999
Net Value (Year 1)+4,001
Net Value (Year 2+)-999
Progress to fee waiver0%

Spend ₹2,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Yes Bank ELITE+ offers 0.75% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Online Shopping
1.5%
Utility
0.5%

Welcome Offer

Welcome Benefit

Welcome e-Gift Voucher worth INR 5,000. Separately, the joining fee of INR 999 is reversed on spending INR 20,000 within 30 days of card issuance.

Value: ₹5,000

Milestone Benefits

Spend ₹2,00,000

Annual/renewal fee waiver on spends of INR 2,00,000 or more in the preceding year.

Fees & Charges

Joining fee₹999
Annual fee₹999
Fee waiverSpend > ₹2,00,000

Eligibility

  • Min Income: ₹12 Lakhs
  • Min Credit Score: 750
  • Salaried/self-employed age 21-60; min monthly income ₹1L salaried (₹12L p.a.) or ITR ₹9L self-employed; joining fee waived on ₹20,000 spend in 30 days.

Exclusions & Terms

Forex markup

  • Foreign currency markup

Cash Withdrawals

  • Does not earn reward points.

EMI Transactions

  • Does not earn reward points.

Frequently Asked Questions

3 data-backed answers from our card database

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

The Yes Bank ELITE+ has an annual fee of ₹999, waived on annual spends of ₹200,000.

What rewards does the Yes Bank ELITE+ offer?+

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

Does the Yes Bank ELITE+ offer airport lounge access?+

Yes, it includes complimentary airport lounge access. See the benefits section for visit limits.

Ready to apply?

₹999 annual fee. Apply on the Yes Bank website.

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