After RBI banned Mastercard, more banks are partnering with Visa to upgrade their old cards or issue new cards on the Visa network. We have recently seen RBL Bank Partnering with Visa and now YES Bank has also partnered with Visa to issue new cards. The bank would be issuing 9 variants in collaboration with Visa in all segments: consumer cards, corporate cards, and business cards. It is worth noting that Yes Bank already has a partnership with Visa as they were issuing some debit cards with Visa, prior to the Mastercard ban.
YES Bank Credit Cards on Visa
In partnership with Visa, the YES Bank is issuing consumer as well as commercial credit cards in order to ensure ease for its customers. On the consumer front, we are already seeing bank has started issuing Yes First Exclusive, Yes First Preferred, Yes Premia Yes Prosperity rewards plus and Yes Prosperity Edge Credit Cards on the Visa network. With the launch of credit cards on Visa Network, for a limited time, the bank is offering their premium cards- Yes First Exclusive & Yes First Preferred card as lifetime free.
According to Rajanish Prabhu (Head of YES Bank Credit Cards), The bank’s partnership with Visa will add a new dimension to sustained efforts of the bank in transforming and elevating end-to-end credit journeys for their customers. With Visa’s payment and security system, the cardholders will continue to enjoy uninterrupted ease while using YES BANK Credit Cards.
YES Bank Partners With The LoungeKey Program
In order to provide its customers with complimentary international airport lounge access on selected premium credit cards, including YES First Exclusive Credit Card, YES First Preferred Credit Card, and Yes Premia Credit Card, the bank has collaborated with the LoungeKey Program. LoungeKey is an airport lounge program providing access to over 1,100 lounges across more than 300 cities globally. With this partnership, the bank aims to make its customer’s travel experiences more luxurious and rewarding.
After RBI’s ban on the Mastercard network, the YES Bank’s credit card services were affected to some extent, but in record time the bank has shifted its credit card portfolio to the Visa Network so that the customers can continue availing of its services. Visa already had a strong relationship with the bank, which has now been extended and it seems that the partnership is going to give great and rewarding results to the cardholders. Also, we suggest our readers to apply for the Yes Bank premium cards and take benefit of the lifetime free offer.