Yes Bank Zagg Credit Card

Here are the main attractions of the YES Bank Zagg card:

• This airport lounge access credit card gives you 2 complimentary domestic airport lounge visits in India per calendar quarter on spending Rs. 50,000 or more in the previous quarter.
• Power up your credit card on UPI and credit card spending.
• The card works everywhere, even online and in stores. 
• Scan & Pay any QR code to make UPI payments.
• It is a lifetime free credit card that involves zero joining and annual fees.
• 1-click card controls through the Zagg app enable safe and secure transactions at your fingertips.
• Zagg credit card benefits also include 1% fuel surcharge waiver (up to Rs. 250 in a statement cycle). 
• Zagg Credit Card issued before 10th Jan 2025, will offer 0.5 Rio coins for every Rs. 50 spent on non-UPI transactions and 1.5 Rio coins for every Rs. 50 spent on UPI transactions (except transactions on exclusion categories) with an annual fee waived off on annual spend of Rs. 1,80,000.

Zagg is a YES Bank lifetime free credit card that involves zero joining and renewal charges. The following are the charges associated with the Zagg credit card:

• Joining fee: Nil.
• Annual fee: Nil.
• Finance charges on revolving credit, cash advance & overdue amount: 3.99% per month (47.88% annually)
• Cash advance fee: 2.5% or Rs. 500, whichever is higher.
• Late payment charges: Up to Rs. 1,350.
• Cheque return/ dishonour fee: Rs. 450 per cheque return instance. 
• Auto debit failure charges: 2% or Rs. 450, whichever is higher.
• Rental transaction, wallet load transaction, education fee payment, passenger railways transaction & utility & service transaction charges: 1% of the transaction value. 
• Reward redemption fee: Rs. 100 + applicable GST. 
• Cash deposit fee at branches: Rs. 100 + applicable GST (for Rs. 1,000 or above). 
• Re-issuance of lost/ stolen/ damaged card: Rs. 100 + GST. 
• Dynamic currency conversion charges: 1% of the transaction amount + GST.
• Foreign currency conversion charges: 3.50%. 
• Charges on purchase/ cancellation of railway tickets: As prescribed by IRCTC/ Indian Railways. 
• TDS on withdrawals above Rs. 1 Crore: 2%. 
• Goods and Services Tax (GST): 18%, applicable on all fees and charges.

Below is the comparison between different YES Bank credit cards:

Below are the YES Bank Zagg credit card eligibility criteria:

• Age: 21 to 60 years.
• Profession: Salaried or self-employed.
• Minimum salary: Net salary of at least Rs. 25,000 per month or Income Tax Return (ITR) of Rs. 7.5 Lakhs and above.
• Ineligible profiles: Existing YES Bank credit cardholders are not eligible for this card.

To apply for the YES Bank ZAGG Credit Card, the following documents are required to be submitted: 

• PAN card/Form 60
• Identity proof: Such as Aadhaar Card, Passport, etc.
• Address proof: Such as Utility Bills, Aadhaar Card, etc. 
• Income proof: Latest payslip/ ITR.

• If you want the best RuPay credit card, which is free for life, this is one of the best options.
• The card offers 3% Zagg coins on UPI spends and a complimentary 2 domestic airport lounge visits per quarter.
• You can link this card to UPI apps like GPay, PhonePe, etc., for QR code payments.
• The card also give 1% fuel surcharge waiver. 

If you are looking for the best cash back credit card, you should opt for other YES Bank credit cards that offer cashback.