YES Bank Ace Credit Card

Quick verdict: The YES Bank Ace is the honest budget pick in YES Bank's range — a ₹499 online-shopping card with no lounge, golf or movie benefits, but the easiest fee waiver in the line-up. It earns 8 YES Rewardz per ₹200 online, about 0.8% once you value points realistically, capped at 5,000 points a cycle. Because the ₹499 fee waives at just ₹50,000 of annual spend, most regular users hold it effectively free. A clean, cheap second card for online spends — not one to build a wallet around.

The Ace is the renamed successor to the YES Prosperity Rewards Plus, and it sits at the entry rung of YES Bank's reworked cards, alongside the perk-led Select and below the Essence. Where the Select spends its budget on lounge and golf, the Ace strips all of that out and simply keeps the fee low.

How it earns

The reward table is deliberately simple.

• 8 YES Rewardz per ₹200 on online spends, capped at 5,000 points a statement cycle.
• 4 YES Rewardz per ₹200 on offline and everyday spends.
• 2 YES Rewardz per ₹200 on select categories — utilities and cable/streaming, capped at 150 points a cycle.

The practical value depends on redemption. YES Rewardz are worth roughly ₹0.20 each for vouchers and products on the YES rewardz portal, and up to ₹0.25 for flights and hotels. So the online tier is about 0.8% in everyday terms, closer to 1% only if you redeem into travel. The 5,000-point cap means online earning tops out at roughly ₹1.25 lakh of spend a cycle — fine for a second card, limiting for a primary one.

As usual for YES Bank, a broad set of categories earns nothing: rent, fuel, wallet loads, UPI, government payments, insurance, education, cash withdrawals and EMI conversions are all excluded. Size your expectations to your actual online-shopping spend, not your total spend.

Few perks — and that's the point

There is no lounge access, no golf and no movie benefit on the Ace. The lifestyle extras are modest: a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 (capped ₹100 a month), a buy-one-get-one coffee offer at participating mall outlets, and a purchase-protection plan on eligible purchases. That's the whole deal.

The Ace's appeal isn't a perk sheet — it's the near-zero cost of ownership. The ₹499 fee waives at just ₹50,000 of annual spend, so a regular online shopper effectively holds a rewards card for free.

That framing matters. Judged as a lifestyle card, the Ace looks bare. Judged as a cheap, waivable points card for online spends, it does exactly what it sets out to do.

The RuPay and UPI angle

A common question is whether the Ace comes on RuPay with UPI linking. It does not — YES Bank publishes no Ace RuPay variant, and the Ace itself cannot be added to UPI apps. Per our records the card is sold on Visa, though YES does not publish the network rail on the product page. What the bank does offer is a separate Virtual RuPay Credit Card for existing Mastercard and Visa credit cardholders, which can be linked to UPI against your existing credit line. That is a distinct product with its own terms, not a version of the Ace — so if UPI-on-credit is the goal, plan for that second step rather than expecting it from the Ace.

Ace vs the range

The choice against the Select is clean: same online earn, but the Select adds lounge, golf and a movie benefit for ₹100 more, while the Ace counters with a far lower waiver bar (₹50,000 vs ₹1 lakh). If you'll use the perks, pay the extra ₹100 for the Select; if you just want a cheap points card that clears its fee easily, the Ace wins.

Who should hold it

The Ace suits the everyday online shopper who wants a low-commitment second card — someone who spends online steadily, will clear ₹50,000 in a year without trying, and doesn't need lounge or lifestyle perks from this particular card. If your goal is UPI-on-credit, note that YES routes that through its separate Virtual RuPay Card for existing cardholders, not through the Ace itself. Redeem the points for travel where you can, and the modest earn rate stretches further.

It's the wrong card if you want perks, a high reward rate, or benefits on excluded categories. For lounge and golf, spend the extra ₹100 on the Select; for serious travel rewards, the Marquee is the YES card to look at instead.

The bottom line

The YES Bank Ace is a no-frills rewards card that competes on price, not perks. A ₹499 fee that waives at ₹50,000 and a simple 8-points-per-₹200 online earn make it a sensible, cheap second card for online spends. Keep it in its lane — value the points at ₹0.20 unless you redeem for travel, and don't expect much beyond the rewards — and it does its narrow job well.