YES Bank Anq Phi Credit Card
- Joining fee
Nil
- Annual fee
₹499 + GST
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
24 RPs on every ₹200 spent on groceries, travel, dining, apparel, OTTs, etc; 4 RP on every ₹200 spent on other select categories
- Welcome benefits
Nil
- Reward redemption
Earned RP can be redeemed for merchandise vouchers and gift cards
Benefits
- International lounge
3 complimentary airport lounge visits annually
Fees & charges
- Spend-based waiver
Renewal fee waiver on spending ₹1.2 lakhs in the previous year
- Rewards redemption fee
₹100 + GST
- Foreign currency markup
3.40%
- Interest rates
3.99% (monthly); 47.88% (annually)
- Fuel surcharge waiver
1% waiver at petrol pumps across India for transactions between ₹400 to ₹5,000
- Cash advance charges
2.5% of the amount withdrawn or ₹500
Product highlights
- This card comes with no joining fee.
- International airport lounge visits are offered thrice every year.
- A 1% fuel surcharge waiver on fuel transactions is offered with this card.
Pros & cons
Pros
- The renewal fee is waived if the cardholder spends more than ₹1.2 lakhs in the previous year.
Cons
- The Forex Markup fee is quite high for this card.
- Benefits such as dining perks, entertainment, etc., are not included in this card.
FAQs
Does the card offer any insurance benefits?
Unfortunately, the YES Bank Anq Phi Credit Card does not include any specific insurance benefits.
Are there any specific categories where I won’t earn Reward Points?
Yes, purchases like fuel, utility bills, government services, cash advances, and several others do not earn Reward Points.
What are the annual fees for the card?
There is an annual renewal fee of ₹499 plus taxes. This fee can be waived if you spend ₹1.2 lakhs in the previous year.
How can I track my Reward Points?
You can easily track your Reward Points through the YES Bank mobile app, which offers a user-friendly interface for managing your rewards.