YES ACE Credit Card
YES Bank · Mastercard
Why this card?
- Cashback card — check the issuer for the current rates
- ₹499 joining and annual fee; renewal fee waived on ₹50,000 yearly spend
- 1% fuel surcharge waiver
Card details
- Issuer
- YES Bank
- Network
- Mastercard
- Annual Fee
- ₹499
- Joining Fee
- ₹499
- Reward Type
- cashback
- Best Reward Rate
- 5% on utility bill payments via Google Pay
- Forex Markup
- 3.5%
- Domestic Lounge
- None
- Min. Monthly Income
- ₹25,000
- Rates verified
- 2026-10-06
Our verdict
YES ACE is a clean, no-fuss cashback card with a 5% rate on utility bill payments via Google Pay and a 1.5% flat base rate on everything else — two of the better rates at the ₹499/year tier. The annual fee is waived at ₹50,000 of spend in a year, and the 3.5% forex markup makes it a domestic-spend card.
Pros
- 5% cashback on utility bill payments via Google Pay
- 1.5% flat cashback on all other spends — no category restrictions
- Simple cashback format — no points redemption hassle
- Annual fee waived on ₹50,000 of spend in a year
Cons
- ₹499 joining fee and ₹499 annual fee until the waiver spend is met
- No lounge access or travel benefits, and a 3.5% forex markup
- The 5% rate is limited to Google Pay bill payments; other spends earn 1.5%