Yes Bank is stepping up its game for its users who shop internationally. From April 5 to May 31, 2025, the bank is offering a limited-time discount on the forex markup fee for its credit card users. Through this offer, select Yes Bank Credit Cardholders can receive a 1% cashback refund on the forex markup fee charged for international spends made during the offer period. Please continue reading for detailed terms of the offer and user eligibility criteria. The offer is only for select users who have been informed about it by the bank.
We can confirm that the offer has been extended to Yes Bank RESERV Credit Cardholders. The card has a forex markup charge of 1.75%, out of which 1% will be refunded, and cardholders will be charged 0.75% + taxes.
This move closely follows HSBC’s 100% cashback forex fee offer to attract premium spenders and customers who spend internationally. Read about the HSBC Credit Card 100% Cashback Forex Offer here.
Offer: Select Yes Bank Credit Cardholders can get a 1% forex markup fee refunded as cashback on international spends made during the offer period.
Offer Terms
- This offer applies to specific Yes Bank credit cardholders whom Yes Bank has notified.
- To qualify for the offer, a minimum international spending of ₹40,000 per card is required during the offer period.
- The offer is applicable from April 5th to May 31st, 2025 (including both dates).
- Cash withdrawals are excluded from this offer.
- Transactions made by add-on cardholders will also be taken into account when determining the eligible transactions.
- The eligible cardholders will receive a cashback for the forex markup fee in their card account within 60 days after the promotion ends.
- This offer does not apply to corporate or purchase cards issued by Yes Bank.
Bottom Line
If you’re planning any international travel or foreign currency transactions this season, this limited-time offer from Yes Bank is worth taking advantage of. Shop internationally, and get a 1% forex fee refunded as cashback. Ensure your total international spending meets the ₹40,000 spend criteria and that you use a qualifying Yes Bank Credit Card, as notified to you by the bank. Only users whom the bank has contacted about this offer are eligible to avail themselves of this offer. Any transactions made via an add-on cardholder will also be valid for the offer. Once you have made your purchases, allow at least 45-60 days for the cashback to be available.