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Revaluation Important update regarding your Yes Bank Credit Card charges

Anindya98

TF Legend
[td]Important update regarding your Credit Card charges[/td] [td]Dear Customer,[/td] [td]We wish to inform you that, effective 1st October 2024, , charges on your YES BANK Credit Card are being revised:[/td] [td]
  1. Education fee payment Charges: Payment to educational institutes done on university/college/school websites or their POS machines will not be charged any additional fee.
    However, 1% fee +applicable GST will be levied in case education transactions are done through third-party websites and applications including (but not limited to) CRED, PhonePe, Housing.com, No-broker, Cheq etc. in a calendar month.
    Total Education fee payment charges will be capped at INR 5,000 per customer per calendar month.
    CategoryMerchant Category Codes (MCC)
    Education8211, 8220, 8241,8244, 8249, 8299

    Note: The Merchant Category Codes (MCC) are set by the network (Visa, MasterCard, RuPay), not by YES BANK.
  2. Fuel Transaction Charges: 1% fee + applicable GST will be levied on fuel transactions done in a calendar month in case the transaction value is greater than INR 10,000.
    Total Fuel Transaction charges will be capped at INR 5,000 per customer per calendar month.
    CategoryMerchant Category Codes (MCC)
    Fuel5172, 5541, 5542, 5983, 9752

    Note: The Merchant Category Codes (MCC) are set by the network (Visa, MasterCard, RuPay), not by YES BANK
[/td]


 
[td]Important update regarding your Credit Card charges[/td] [td]Dear Customer,[/td] [td]We wish to inform you that, effective 1st October 2024, , charges on your YES BANK Credit Card are being revised:[/td] [td]
  1. Education fee payment Charges: Payment to educational institutes done on university/college/school websites or their POS machines will not be charged any additional fee.
    However, 1% fee +applicable GST will be levied in case education transactions are done through third-party websites and applications including (but not limited to) CRED, PhonePe, Housing.com, No-broker, Cheq etc. in a calendar month.
    Total Education fee payment charges will be capped at INR 5,000 per customer per calendar month.
    CategoryMerchant Category Codes (MCC)
    Education8211, 8220, 8241,8244, 8249, 8299

    Note: The Merchant Category Codes (MCC) are set by the network (Visa, MasterCard, RuPay), not by YES BANK.
  2. Fuel Transaction Charges: 1% fee + applicable GST will be levied on fuel transactions done in a calendar month in case the transaction value is greater than INR 10,000.
    Total Fuel Transaction charges will be capped at INR 5,000 per customer per calendar month.
    CategoryMerchant Category Codes (MCC)
    Fuel5172, 5541, 5542, 5983, 9752

    Note: The Merchant Category Codes (MCC) are set by the network (Visa, MasterCard, RuPay), not by YES BANK
[/td]


Is it applicable for yes first business card too? or any particular yes cc ?
 
[td]Important update regarding your Credit Card charges[/td] [td]Dear Customer,[/td] [td]We wish to inform you that, effective 1st October 2024, , charges on your YES BANK Credit Card are being revised:[/td] [td]
  1. Education fee payment Charges: Payment to educational institutes done on university/college/school websites or their POS machines will not be charged any additional fee.
    However, 1% fee +applicable GST will be levied in case education transactions are done through third-party websites and applications including (but not limited to) CRED, PhonePe, Housing.com, No-broker, Cheq etc. in a calendar month.
    Total Education fee payment charges will be capped at INR 5,000 per customer per calendar month.
    CategoryMerchant Category Codes (MCC)
    Education8211, 8220, 8241,8244, 8249, 8299
    Note: The Merchant Category Codes (MCC) are set by the network (Visa, MasterCard, RuPay), not by YES BANK.
  2. Fuel Transaction Charges: 1% fee + applicable GST will be levied on every fuel transaction of value greater than INR 10,000.
    Total Fuel Transaction charges will be capped at INR 5,000 per customer per calendar month.
    CategoryMerchant Category Codes (MCC)
    Fuel5172, 5541, 5542, 5983, 9752
    Note: The Merchant Category Codes (MCC) are set by the network (Visa, MasterCard, RuPay), not by YES BANK.
[/td]
 
Mods merge the thread @BVC @vaibhav111
 

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