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 It has also partnered with Visa to issue new cards. The bank will issue 9 variants in association with Visa across 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 before the Mastercard ban.
Yes Bank Credit Card on Visa
In partnership with Visa, Yes Bank is issuing consumer as well as commercial credit cards to ensure ease of access for its customers. On the consumer front, we are already seeing that the 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 the credit card on the Visa network, for a limited time, the bank is offering its premium cards – Yes First Exclusive and Yes First Preferred Card – as lifetime freebies..
According to Rajneesh Prabhu (Head of Yes Bank Credit Card), the bank’s partnership with Visa will add a new dimension to the bank’s continued efforts in transforming and enhancing the end-to-end credit journey for its customers. With Visa’s payment and security system, cardholders will continue to enjoy seamless ease while using the Yes Bank Credit Card.
Yes Bank partners with LoungeKey Program
In order to offer its customers complimentary International Airport lounge access on select 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 programme. LoungeKey is an airport lounge program that provides access to over 1,100 lounges in over 300 cities globally. With this partnership, the Bank aims to make the travel experiences of its customers more immersive and rewarding.
After RBI’s ban on Mastercard network, Yes Bank’s credit card services were affected to some extent, but in record time the bank shifted its credit card portfolio to Visa network so that customers can continue to avail its services. Visa already had a strong relationship with the bank, which has now been extended and it looks like the partnership is going to deliver great and rewarding results to the cardholders. Also, we suggest to our readers that Applicable For Yes Bank Premium Card and avail lifetime free offers.