YES Bank Uni
KeepThe only YES card that charges nothing at all to spend abroad.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until YES Bank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
1 notes on the card itself: how it is issued
The take
Uni's YES-issued card has one genuinely unusual line, and it is in the MITC rather than the marketing: "Foreign currency conversion charges and Dynamic currency conversion charges are not applicable to Uni Credit Card, Uni RuPay Virtual, AI Inside, AI Inside RuPay Virtual and NIYO Credit Card." Zero forex markup and zero dynamic-conversion fee, against an Indian norm of 3.5% plus 1%. On ₹2 lakh of foreign spend that is ₹9,000 the card does not take, which is more than most travel cards' entire annual value. The fee is nil to get and ₹499 to renew, waived at ₹50,000 of retail spend a year, so in practice it is free. Fuel gets a surcharge waiver up to ₹7,500 a transaction, the most generous band YES publishes, capped at ₹500 a cycle. What neither the bank's page nor its MITC will tell you is what the card actually EARNS: the coins are Uni's, the rate lives in Uni's app, and YES publishes only the list of categories that earn nothing — fuel, wallet loads, rent, government, education, utilities, EMI, cash advances, marketing and, notably, international transactions. So the forex-free spending earns no coins. Take this one for the zero markup and price the rewards at nothing until Uni publishes them.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
YES Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 15 Jun 2026 YES's ₹100 redemption fee reaches Marquee and Reserv issuer-wide
- 15 Jun 2026 YES Bank raises forex on almost every card it sells — SELECT takes 75 basis points in one step issuer-wide
- 1 Apr 2025 YES lounge gate triples to ₹1 lakh on Marquee and Reserv issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Zero foreign currency markup and zero dynamic currency conversion fee — the MITC exempts Uni by name
- Nil joining fee; the ₹499 renewal waives at ₹50,000 of retail spend
- Fuel surcharge waived on transactions up to ₹7,500 — the widest band YES publishes — capped at ₹500 a statement cycle
Watch out
- No earn rate is published by the bank in either the product page or the MITC, so this desk prints none
- International transactions earn no Uni coins at all — the zero-markup spend is also the zero-reward spend
- Fuel, wallet loads, rent, government, education, utilities, EMI conversions, cash advances and marketing earn nothing
- Fuel transactions attract a 1% fee above a ₹50,000 cumulative monthly threshold
- No lounge access — Uni is absent from the MITC's domestic lounge threshold table
- You apply through Uni's app, not YES, and Uni may levy its own platform fee
What these points actually fly
YES Bank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹50,000 a year is the bar that waives the ₹499 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. YES Bank states what the YES Bank Uni earns, but has not published which spend categories count toward the fee waiver — the ₹50,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Through the co-brand partner, not the bank. YES's own page says so: "To apply for this co-brand credit card please visit our partner's website / download the partner's mobile application. The co-brand partner reserves the right to charge platform fee as it may offer several products & services to you through their website / mobile app." That last clause is worth reading twice on a card whose bank-side fee is nil.
YES Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
per the official YES Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
7 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
A two-figure card, which is why the file carries a joining fee of its own: NIL to take it, ₹499 + GST to renew, with the first-year charge notionally waived at ₹5,000 and the renewal at ₹50,000 of spend in the year before the anniversary. The reason to hold it is in the fine print rather than the fee: the MITC exempts Uni by name from BOTH the foreign-currency conversion charge and the 1% DCC charge, one of only five cards on the shelf to escape either, and gives it the higher ₹50,000 utility threshold instead of the ₹25,000 that applies to “all other cards”. Absent from the domestic-lounge threshold table.
per the official YES Bank MITC · reviewed 10 Jul 2026
What's changed for this card
7 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 15 Jun 2026YES's ₹100 redemption fee reaches Marquee and ReservMarquee and Reserv exempt from the ₹100-per-redemption fee; card reissuance ₹100–₹200 by variant → ₹100 fee on every redemption request, premium cards included, plus a ₹99 booking fee on YES Rewardz flights; reissuance ₹199; fuel-surcharge waiver window revised
The exemption that let Marquee and Reserv holders pretend the ₹100 redemption fee was someone else's problem is gone. From 15 June 2026 every YES card pays ₹100 per redemption request, and booking a flight through YES Rewardz — the only place the points are worth their ₹0.25 — stacks a ₹99 booking fee on top. On a card whose whole pitch is settling 4.5% online earnings in portal travel, YES now charges you twice at the exit.
- 15 Jun 2026YES Bank raises forex on almost every card it sells — SELECT takes 75 basis points in one step
- 15 Jun 2026Reserv's forex markup goes 1.75% to 2%
- 1 Apr 2025YES lounge gate triples to ₹1 lakh on Marquee and Reserv
- 1 Apr 2025Government and ad spends stop earning on 13 YES cards
- 1 Dec 2024YES caps travel redemptions at 70% of the invoice
- 15 Dec 2023YES returns to super-premium with the Marquee
Every YES Bank change we've dated → 7 events since 2023, 6 of them nerfs — worst year 2026.
Verified against YES Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.
Every document behind this page — 2 of them, each with the day we read it
- official Product page — zero joining fee and a ₹499 renewal waived at ₹50,000 of retail spend; the Uni-coin exclusion list; and the fuel surcharge waiver up to ₹7,500
- official MITC (CMITC_V18_07082026) — Uni at NIL joining / ₹499 annual with ₹5,000 and ₹50,000 waivers, and exempt by name from both the foreign currency and the dynamic currency conversion charge