Updated on May 27, 2026
Author: MybankingTips Team
YES BANK has announced multiple revisions across its credit card portfolio, including higher forex markup charges, increased cash advance fees, revised fuel surcharge waiver limits, and new reissuance charges.
Most of these changes will come into effect from 15 June 2026, while some revisions will apply from 1 June 2026.
The latest update comes amid a broader trend of credit card devaluations in 2026, with several banks reducing benefits and increasing charges for cardholders.
Increase in Forex Markup Charges
One of the major changes announced by YES BANK is the increase in foreign currency conversion charges on several credit cards.
Forex markup charges are applicable whenever a credit card is used for international transactions or purchases in foreign currency. Even small increases in these charges can significantly impact international travelers and users shopping on overseas websites.
Revised Forex Charges From 15 June 2026
While premium cards like Marquee and YES Private remain unchanged, most mid-range and entry-level cards will become costlier for international spending.
Higher Cash Advance Charges
Starting 15 June 2026, cash withdrawal charges on YES Bank credit cards will also increase.
New Cash Advance Fee
- 2.5% of withdrawal amount or ₹650, whichever is higher
Earlier Charges
- 2.5% or ₹500, whichever was higher
The revised fee will apply on most YES Bank credit cards except:
- YES Private Credit Cards
- AI Inside Credit Cards
- Virtual Credit Cards
Using credit cards for ATM cash withdrawals is generally expensive because interest starts accruing immediately without any interest-free period.
Fuel Surcharge Waiver Transaction Limits Revised
YES Bank has also updated the eligible transaction ranges for fuel surcharge waiver benefits across various cards.
New Fuel Surcharge Waiver Limits
Additionally, effective 1 June 2026, the POP-Club Credit Card will offer:
- 1% fuel surcharge waiver
- Applicable on transactions between ₹1,000 and ₹3,500
- Maximum waiver capped at ₹100 per statement cycle
Overlimit Facility Reintroduced
From 1 June 2026, YES Bank will reintroduce the Overlimit Facility on credit cards.
This feature allows users to continue making transactions even after crossing their assigned credit limit, subject to approval by the bank.
Overlimit Charges
- ₹550 + GST per overlimit transaction
The available overlimit amount will depend on:
- Credit profile
- Repayment history
- Internal bank policies
Higher Card Reissuance Charges
Effective 15 June 2026, YES Bank will also revise reissuance charges for plastic credit cards.
Revised Reissuance Fee
- ₹199 per reissued plastic card
This applies to cards that are:
However, no changes have been made for:
- BYOC Eco-friendly Cards
- Metal Credit Cards
Impact on Cardholders
The latest revisions may affect users who frequently:
- Make international transactions
- Withdraw cash using credit cards
- Spend heavily on fuel
- Use overlimit facilities
While the changes may appear small individually, the cumulative impact can significantly increase the overall cost of using credit cards over time.
Bottom Line
The latest revisions by YES BANK clearly indicate the ongoing industry trend of rising charges and gradual reduction in credit card value propositions.
Users often focus only on annual fees while selecting a credit card, but changes in forex markup, cash advance charges, and transaction-related fees can have a much larger impact on long-term usage costs.
Cardholders, especially frequent travelers and high spenders, should carefully review these revised charges and evaluate whether their current YES Bank credit card still matches their spending requirements and usage pattern.