YES Bank POP-CLUB Credit Card

Overview

The YES Bank POP-CLUB Credit Card is a co-branded RuPay card built with the POP fintech app, and it is aimed squarely at people who spend most of their money online. The pitch is simple: hold it for free, pay with it online, and earn POPcoins that are worth ₹1 each. Right now YES Bank is running it as a Lifetime Free card till 31 March 2027, so there is no joining fee and no annual fee to worry about during that window.

Because it sits on the RuPay network, you can link the card to a UPI app and pay by scanning QR codes, which is still uncommon for a rewards-focused credit card in India.

Rewards and earning

Rewards come as POPcoins, and the conversion is refreshingly plain: 1 POPcoin equals ₹1 when you redeem inside the POP app.

• Online spends earn 10 POPcoins per ₹100, which works out to about 10% back.
• Offline spends earn 2 POPcoins per ₹100, roughly 2%.
• Pay by UPI through the POP Club app and you earn an extra 5 POPcoins per ₹100 on top.

On activation you also get 500 POPcoins, plus a welcome bundle that has included vouchers worth around ₹750, a 3-month Zomato Gold membership and a 6-month PharmEasy Plus membership. Add it all up and YES Bank pegs the first-year benefits at up to around ₹5,000.

The one thing to keep in mind: POPcoins are redeemed within the POP app ecosystem, not credited straight to your statement like plain cashback. The headline 10% online rate is also the kind of accelerated rate that usually carries monthly limits and a few excluded categories, so read the current terms before you build your spending around it.

Fees

There is no joining fee, and the card is Lifetime Free till 31 March 2027. From the second year onward the stated annual fee is ₹399 + GST, and that renewal fee is waived if you spend ₹1.5 lakh in the card year (about ₹12,500 a month). For a card you are likely using as your main online card, that waiver bar is easy to clear.

Eligibility

The important catch here is that this card is for new-to-YES-Bank credit card customers only. If you already hold a YES Bank credit card, you will not be eligible for this one. Beyond that, both salaried and self-employed applicants can apply, subject to YES Bank's usual income and credit checks. Standard KYC such as PAN and address proof applies, and approval is at the bank's discretion.

Who it is for

This card makes the most sense if online shopping, food delivery and app-based UPI payments make up a big chunk of your monthly spend, and you are comfortable redeeming rewards inside the POP app. The up-to-10% online rate on a no-fee RuPay card is genuinely strong, and being able to earn on UPI is a nice bonus most credit cards cannot match.

It is a weaker fit if you spend mostly offline, if you want cashback dropped straight onto your statement, or if you already bank on a YES Bank credit card and so cannot apply.

Verdict

As a lifetime-free second card for online and UPI spends, the POP-CLUB is an easy card to justify: no fee to carry it, a clean 1 POPcoin = ₹1 reward, and one of the higher online earn rates going. Just treat the POPcoins as app-ecosystem value rather than pure cash, check the caps on the 10% rate, and remember the new-to-bank rule before you apply. Pair it with a simple offline or statement-cashback card and you have a low-cost, high-earning online setup.