I had been trying to get one of the Yes Bank Premium Debit Cards. Earlier I got the FinBooster Credit Card which I was not using much. I thought lets upgrade it to a premium card. I applied for the Reserv CC through their portal, thinking I could atleast take benefit of their Complimentary lounge access. At first Got a rejection letter stating that I already hold a Yes Bank card, so I closed that and complained to their escalation team after 3 more replies from their Customer care teams. I was so happy that the card was approved. So Today I could see its details in the Yes Bnak application, hence I added it to Dreamfolks web application and lo and behold there is a spend criteria. How the f did I miss this !!
Then I check their website, and in the PDF, they have added it towards the bottom, 1,00,000 quarterly spend on Marque and Reserv to access Domestic Airport lounges. F.
I feel so bad, I have again applied for the closure of the card in the app.
Now I will most likely have to pay for the card fees for first year as well.
An expensive lesson learned. Never follow your impulse to get a new shiny card. always go through its TnC first, then apply. Keep the F away, especially, from the random card selling agents on whatsapp or phone calls.
They will definitely call me to keep the card active, till one year atleast, should I keep it active. i.e, cancel the closure request. Are the reward points worth it, when I already have Amex and other cashback cards?
