YES Bank has announced some new rules for its credit card customers. According to the bank, these changes will come into effect from April 1, 2026.
The changes mainly affect utility bill payments, transportation expenses, and adding money to digital wallets.
The bank has not changed the fee rates. The charge will still be 1% plus GST, but the spending limits in several categories have been increased. This means customers can now spend more before extra charges apply.
New Limit on Utility Bill Payments
New limits will apply to payments for utility bills such as electricity, water, and gas. If the spending crosses the limit in one billing cycle, a 1% charge plus GST will be applied on the extra amount.
The limits are:
YES Private Credit Card: Up to ₹1 lakh
Premium cards (Marquee, Reserve): Up to ₹50,000
Other YES Bank credit cards: Up to ₹25,000
If the spending goes beyond these limits, the extra amount will be charged.
Toll and Bridge Charges Now Called Transportation Fees
Payments related to toll and bridge fees will now appear on credit card statements as transportation fees.
If the total monthly spending in this category exceeds the allowed limit, a 1% charge plus GST will be applied.
New spending limits:
Premium cards: Up to ₹75,000
Other cards: Up to ₹50,000
However, the maximum charge on any single transaction will be limited to ₹5,000.
Charges for Adding Money to Digital Wallets
YES Bank has also introduced rules for adding money to third-party digital wallets using a credit card.
No charges for transactions up to ₹2,000
1% charge plus GST if the amount is more than ₹2,000
The maximum charge per transaction will also be capped at ₹5,000.
What These Changes Mean for Customers
These changes could be helpful for credit card users. Since the limits for utility and transportation spending have increased, customers can now make larger payments without paying extra charges.
However, if the spending goes beyond the new limits, the same 1% charge plus GST will still apply. Because of this, customers should keep track of their spending while using their credit cards.
