How to Close YES Bank Credit Card?

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How to Cancel YES Bank Credit Card

**Disclaimer: YES Bank Credit Card is not a Finserv MARKETS product. Offers would be from partner Banks/NBFCs only.

 

A YES Bank credit card offers several benefits which makes it an ideal payment tool. However, if it is getting difficult to manage the expenses, you may choose to close your YES Bank credit card anytime at ease. Luckily, the bank makes the credit card cancellation process extremely easy. You can use any of the two methods mentioned below to deactivate your credit card anytime you want.

1.  Close a YES Bank Credit Card via Customer Care

To deactivate and cancel your credit card, you can call the YES Bank credit card customer care at 1800 103 1212 (domestic) or +91 22 4935 0000 (outside India).

2.  Cancel YES Bank Credit Card via Post

You can download the form for YES Bank credit card cancellation online via the official website, fill it, and send it to the below-mentioned registered address to request YES Bank to cancel your credit card:

 

YES BANK Limited,

One IndiaBulls Park,

No.14, 3rd Main Road,
Ambattur Industrial Estate,
Ambattur, Chennai,
Tamil Nadu 600 058

You can also visit a nearby branch to get a copy of the YES Bank credit card closure form. In the application form, correctly write the date, branch name, card number, and other details, as requested.

Things to Remember Before Closing YES Bank Credit Card

Now that you know how to cancel YES Bank credit card, here are few things you should keep in mind when initiating the closure request:

  • Clear all pending dues against your YES Bank credit card

  • Discontinue any preset standing instructions

  • Download the YES Bank credit card cancellation form from the official bank website

  • Cut your credit card up so that it cannot be reused

  • Redeem the accumulated credit card reward points

Consequences of Closing Your YES Bank Credit Card

Closing your credit card can have certain effects on your financial health. These include:

  • Your available credit amount will reduce significantly

  • You will not be eligible for redeeming your reward points

  • You cannot enjoy exclusive YES Bank credit card features and offers

  • Borrowing more and not being able to repay can affect your credit score

  • In case the credit utilisation ratio takes a hit, getting approved for a new credit card can be tough

  • Your add-on cards will be deactivated along with the primary YES Bank credit card

  • You will not get a refund on your paid credit card charges such as renewal fees or annual fees even if the card is closed mid-year

FAQs on How to Close YES Bank Credit Card

  • ✔️How can I close my YES Bank credit card?

    To deactivate and cancel your credit card, you can call the YES Bank credit card customer care on 1800 103 1212 (domestic) or +91 22 4935 0000 (outside India). Alternatively, you can download the credit card account closure form from the bank’s official website, fill it, and send it to the registered address by post.

  • ✔️How do I close my YES Bank credit card online?

    No, you cannot cancel your YES Bank credit card online. You can download the account closure form from the bank’s official website and send it to the registered address by post. Alternatively, you can call the YES Bank credit card customer care and close your credit card account.

  • ✔️How can I close my YES Bank account with a negative balance?

    You must clear all your existing dues before requesting the bank to cancel your YES Bank credit card.

  • ✔️How do I get a YES Bank closure letter?

    You can download the YES Bank credit card cancellation form from the bank’s official website.