YES Bank Credit Card Interest Rate in 2026

The YES Bank credit card interest rate can significantly impact how much you pay beyond your actual spending. With rates rising to 47.88% annually, understanding when and how interest is charged becomes crucial for more informed credit card use.

Whether you’re managing monthly expenses or planning big-ticket purchases, knowing how to avoid unnecessary charges can help you save more. Let us explore how YES Bank calculates interest and how you can make the most of your credit card benefits.

Top YES Bank Credit Cards and Their Interest Rates

Many of these cards come with Reward Programs, giving users the chance to earn and redeem reward points on every transaction. However, certain Rewards Redemption Charges may apply, depending on the card type.

Frequent travellers can also enjoy access to airport lounges, making YES Bank cards valuable for premium customers.

YES Bank Credit Card Interest Calculation

YES Bank charges a monthly interest on credit card payments, which is computed on a daily basis. To calculate the daily periodic rate, divide the Annual Percentage Rate (APR) or the total interest rate of the YES Bank credit card by the total number of days in a particular year.

The equation for the interest calculation of the YES Bank credit card is given below:
Interest (Credit Card Finance Charges) = ((5,000,000.00, + interest rate, + 12 months) x number of days)/365 days.

As an example, assuming that Mr X has an outstanding balance of 20000 on his credit card at YES Bank, and has 21 days remaining, the interest on the full balance will be as shown below:

Interest Accrued = [(20,000 x 3 percent x 12 months) x 21days)/ 365 days = 414.25.

Remarkably, assume that you have a salary or savings account with YES Bank. Your credit card interest rate on the YES Bank is also likely to be lower in that scenario, as well as your credit limit options, based on your payment history and spending behaviour.

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What Is the YES Bank Credit Card Interest-Free Period?

An interest-free period refers to the period over which YES Bank will not charge any interest on the outstanding credit card balance. That is, it is the time span between the bill due date and the transaction date.

The maximum interest-free time of YES Bank may be 50 days. It is possible to enjoy this period provided that you have paid the full sum of the bill in the previous billing period. To know the interest-free period, we shall look at the following example:

Assume that Mr X makes a transaction on September 16, 2025, utilising his credit card. The date of his statement generation is the 15th of the month. Moreover, his bill is payable on 4th October 2025. This billing cycle provides Mr X with a total interest-free period of up to 30 days, and the next bill due date (in November) is 20 days away.

It is also during this time that you can earn reward points through online transactions, particularly when using YES Bank cards to shop, dine, or book a flight.

When Does YES Bank Impose Interest on Credit Cards? 

1. In case you fail to pay the amount of the bill on the due date (which can also impose late payment charges).
2. When you pay the minimum amount required or pay less than the full amount, this will cause the accumulation of revolving credit.
3. When you carry out international transactions, interest rates are charged, or the charges for converting the foreign currency are charged on your credit card.
4. In case you withdraw money using your credit card, which incurs cash advance charges.

YES Bank is also free to charge a balance transfer fee in case you transfer the existing balance of one bank card to another bank card, and also charge a surcharge in case you transfer fuel loads or fuel transaction charges in the selected fuel stations.

How to Apply for a YES Bank Credit Card? 

1. Go to the official YES Bank site.
2. In the cards category, choose credit cards, and then apply to get a credit card.
3. On the subsequent redirected page, enter your phone number, PAN number, name, date of birth, gender and pin code.
4. Click on Submit and verify the eligibility and apply.

Make sure that you provide the required supporting documents, including evidence about identity, address, and income, to complete the process. Interested users may also be provided with Pre-Approved Credit Cards, where a predetermined limit is set and the approval process is undertaken at a quicker pace.

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Eligibility Criteria for YES Bank Credit Cards

1. You must be between 21 and 60 years old.
2. You can be a salaried individual or self-employed.
3. Ensure you meet the income criteria for the card you are applying for.

The credit limit for each customer is determined by their income, CIBIL score, and repayment capacity. YES Bank evaluates charges per customer based on usage, annual fees, and repayment behaviour.

How to Avoid YES Bank Credit Card Interest? 

1. You should make full payment of the bill amount during the grace period (interest-free period).
2. If you are unable to pay the entire bill amount, ensure that you pay the minimum amount or as much as possible to minimise the interest paid.
3. The YES Bank credit card does not charge cash advances, so avoid using your card to withdraw cash.

Also, monitor fees & charges, including annual fees, balance transfer fees and any surcharge on fuel transactions in order to prevent any hidden charges. By continuing to make payments, you maintain your credit limit and a good credit history.

Conclusion

The YES Bank credit card interest is charged on a daily basis on the balance. Consequently, you will be able to attract a greater amount of interest once you postpone the payment date after the due date.

With smart use of your revolving credit, reward points made with your card, and an awareness of fees & charges, you can get the best out of your YES Bank credit card. Proceed to make payments on time so that you can use the money efficiently and not spend more money than you use on your credit cards.

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