Yes Bank is known for launching some of the most unique credit cards is India such as a range of healthcare credit cards. However, Yes Bank Anq Pi Credit Card is not a credit card which has any unique features to attract new age customers. In this comprehensive review, we delve into the key features of the Anq Pi Credit Card, shedding light on its benefits, cashback rates, cons, as well as fees and charges.
Benefits of Yes Bank Anq Pi Credit Card
The Anq Pi Credit Card from Yes Bank offers limited number of features. Some of the key features have been listed below:
Reward System: On every ₹200 spent on UPI transactions above ₹2000 you can earn 4 YES Reward Points, and On every ₹200 spent on all Online spent you can earn 2 YES Reward Points. 1 RP = 0.25 paisa. UPI Cashback Rate: 0.5%. Online Cashback Rate: 0.25%.
Lifetime free credit card.
Cons
While the Yes Bank Anq Pi Credit Card offers some advantages, it is important to consider its drawbacks as well. We have mentioned the key drawbacks below:
No free airport lounge visits. Airport lounge visits are a standard feature for most credit cards. However, Yes Bank Anq Pi Credit Card does not offer any.
No free movie tickets.
No dining benefits.
Low cashback rate.
Limited number of value add features.
Fee and Charges
Understanding the fee and charges associated with a credit card is crucial for making an informed decision. The Yes Bank Anq Pi Credit Card comes with an annual fee, as well as charges for late payments, cash withdrawals, and foreign currency transactions. It is important for cardholders to familiarize themselves with these fees to avoid any surprises and manage their finances effectively. We have mentioned the key fees and charges associated with the card below:
Lifetime free card no annual fees.
Interest Rate: 3.80% per month (45.60% annually)
Cash Advance Charges: 2.5% or Rs. 500 whichever is higher will be levied.
Late Payment Charges: Ranges from INR 100 to INR 1200
Foreign Currency Mark-up: 3.40%
Reward Redemption Charges: NIL
Conclusion
Overall Yes Bank Anq Pi Credit Card is a disappointing offering from Yes Bank. There are multiple credit cards in the market which offer better features. The USP of the card is that it is a lifetime free credit card. However, there are several lifetime free credit cards in India that offer better offers and features.
You can read a more detailed review of the credit card and our rating of the credit card here.
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