YES Bank ZAGG Credit Card
High UPI cashback card with movies, dining & lounge benefits — completely free for life.
Overview
The YES Bank ZAGG Credit Card is a lifetime free co-branded RuPay credit card offered in partnership with Zagg.money (formerly Rio Money). Built primarily for UPI users, it offers accelerated rewards on UPI and card spends along with lifestyle benefits like movie offers, food discounts, and airport lounge access. The card is fully digital and managed via the Zagg app.
Features & Benefits
Joining & Renewal Benefits
Lifetime free structure with no joining fee.
No annual or renewal fee applicable (Lifetime Free).
Cashback & Rewards
- • Up to 3% Rio Coins on UPI & card spends
- • 4 Rio Coins = ₹1 redemption value
- • Minimum eligible transaction ₹50
- • Maximum earning capped at 1.5% of credit limit per billing cycle
Rio Coins (Zagg Coins) can be redeemed directly to the linked bank account via the Zagg app. 4 Rio Coins equal ₹1 in value. Redemption is processed digitally within the app.
Lifestyle Benefits
- • Buy 1 Get 1 Free movie tickets on District & BookMyShow
- • Flat ₹150 off on Zomato
- • Up to 40% off on Swiggy Food & Instamart
- • 8 complimentary domestic airport lounge visits per year (subject to spend criteria)
1% fuel surcharge waiver on transactions between ₹400 and ₹5,000; maximum waiver ₹250 per billing cycle.
As per YES Bank standard forex markup charges (check latest T&Cs).
Fees & Charges
- • Lifetime free card
- • Strong UPI reward rate
- • Direct bank redemption
- • 8 domestic lounge visits per year
- • Good movie & food discounts
- • Reward earning capped at 1.5% of credit limit
- • Lounge access may require spend condition
- • Not available to existing YES Bank cardholders
- • Existing YES Bank credit card holders may not be eligible
- • Reward earning capped at 1.5% of credit limit
- • Lounge access subject to spend criteria
- • Age 21–60 years
- • Salaried: Minimum ₹25,000 per month
- • Self-employed: ITR ₹7.5 lakh+
- • Recommended credit score 720+
- • Indian resident