**Disclaimer: YES Bank Credit Card is not a Bajaj 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.
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).
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,
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.
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
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
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.
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.
You must clear all your existing dues before requesting the bank to cancel your YES Bank credit card.
You can download the YES Bank credit card cancellation form from the bank’s official website.