YES Bank ACE Credit Card
Fees
₹499 + Taxes
Joining & AnnualReward Rate
5% cashback on Google Pay; 3% on utility bill payments; 2% on other online; 1% on offline
Welcome Bonus
₹250 cashback on first ATM cash withdrawal within 30 days
Lounge Access
4 Domestic/yr
FindMyCard Expert Take
YES Bank ACE is built around Google Pay: 5% cashback there (capped at ₹500/month) plus 3% on utility bills covers a good chunk of typical monthly spending. The ₹499 fee waives at ₹1.5 lakh annual spend, and the 2.99%/month APR is lower than most cards on this list if you occasionally carry a balance.
Pros & Cons
Key Advantages
- 5% cashback on Google Pay, among the highest UPI cashback rates available
- 3% on utility bills: electricity, water, gas, and phone payments
- One of the lowest regular APRs at 2.99%/month
- Low ₹499 annual fee (waived on ₹1.5 Lakh spend)
- 4 complimentary domestic airport lounge visits/year
Limitations
- 5% Google Pay cashback capped at ₹500/month
- 1% on offline/in-store spends, not ideal for regular retail shopping
- YES Bank has smaller branch/ATM network vs HDFC/SBI/ICICI
- Limited premium travel or lifestyle benefits
Editorial Verdict
The YES Bank ACE Credit Card is ideally suited for google pay users & utility bill payers. If you want 5% cashback on google pay; 3% on utility bill payments; 2% on other online; 1% on offline, this card delivers real value. The ₹499 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (700+), Salaried ₹25,000/month or Self-Employed with ITR credit to be approved.
Key Perks & Spending Milestones
5% cashback on all Google Pay transactions (capped ₹500/month)
3% cashback on utility bill payments (electricity, water, gas, telephone)
2% cashback on all other online spends
1% cashback on all offline/in-store spends
1% fuel surcharge waiver on transactions ₹500–₹3,000
4 complimentary domestic airport lounge visits/year
Contactless tap & pay enabled
₹250 cashback on first ATM withdrawal within 30 days of issuance
🚀 Milestone Spends Timeline
₹500 Gift Voucher on achieving ₹100,000 annual spend
Annual fee waiver on achieving spend milestone
Fees & Charging Rates
Annual Fee Waivers
₹499 + Taxes
💡 Annual fee waived on ₹1.5 Lakh annual retail spends
Regular Interest Charges
2.99% per month (35.88% per annum)
📅 Late Payment Fee Penalty Tiers
Insurance & Protection Benefits
Eligibility Criteria
salaried minimum income
₹25,000 per month
age
21 to 65 years
Compare YES Bank ACE Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| YES Bank ACE Credit Card This Card | ₹499 + Taxes | 5% cashback on Google Pay; 3% on utility bill payments; 2% on... | 4 Domestic/yr | 4.0/5 |
| Cashback SBI Credit Card | ₹999 + Taxes | 5% cashback on online spends; 1% cashback on offline spends | No Lounge Access | 4.7/5 |
| KIWI UPI RuPay Credit Card | Free | Up to 5% cashback on UPI spends via Kiwi Neon program (1.5% base... | Domestic (Neon Spend Milestones) | 4.7/5 |
| Axis Bank ACE Credit Card | ₹499 + Taxes | 5% cashback on Google Pay utilities; 4% on Swiggy, Zomato & Ola;... | 4 Domestic/yr | 4.6/5 |