Yes, Bank provides various types of credit cards to its customers based on their requirements. however, if you are still not convinced with Yes credit card due to reasons like high annual fees, charges, etc you can opt to close or cancel your credit card. In this post, we will focus on the same i.e How to Close Yes Bank Credit Card | Yes Bank Credit Card Closure?
Dont just decide in hurry to close your credit card. make sure you are aware of the below-mentioned points.
Points to Know Before Closing Yes Bank Credit Card
Outstanding Balance: Once Yes Bank receives a request for credit card cancellation or closure, it will convert the entire outstanding due on the card, pending loans, EMI facilities, balance transfers, and any other charges into due. So, It is necessary to clear your balance or dues on the card before requesting the card cancellation. Banks will not accept your request if there are any due payments.
Utilize the Reward Points: The reward points accumulated on your card account should be redeemed. The reward points can be redeemed against card outstanding or against Gift Vouchers available in the rewards catalog.
Avoid Using Credit Card: After having decided to cancel a credit card, make sure not to make payments through the card or make any such transactions. If there is any balance on the card the bank will not cancel the card.
Cancel automatic payments: As a Credit card is usually set for automatic payment every month on a particular day, make sure to Cancel all Auto debit facilities from your card like loan deduction, any Policy auto deduction, EMI, etc.
Options to Consider Before Canceling Your Yes Bank Credit Card
In case you are looking for alternatives before canceling your Yes Bank credit card you can consider the below points.
- If you have an Yes Bank credit card that doesn’t charge any annual fee, then you can always stay with it. Your account will keep adding credit history in that way, and it also won’t hurt your credit if you don’t use the card.
- You can request for product change without closing your Yes Bank Credit card. call customer care and ask if there is any card available based on your requirement. Like you can opt for a credit card that does not charge an annual fee.
If you still think you need to close your Yes Bank credit card read the article further…
Close or Cancel Yes Bank Credit Card by Calling Customer Care
Yes Bank customers can close or cancel their credit card by calling the customer care number 1800 103 1212 or +91 22 4935 0000.
1800 103 1212 (Toll-Free for Mobile & Landlines in India)
+91 22 4935 0000 (When Calling from Outside India)
Country Based Numbers
1833 380 0149 (USA)
1833 491 0559 (CANADA)
800 048 9153 (UK)
8000 3570 2510 (UAE)
Call the above number, once the call connects to the executive, request them to close your credit card. They will verify your personal details like Card Number, Name, Mobile number, etc.
After Verifying your personal details they will check your credit card balance if all dues are cleared they will close your credit card without any issue.
Close or Cancel Yes Bank Credit Card through Mail or Post
To close or cancel a Yes bank credit card account, customers may write an application as this not only helps the bank cross-check and verify the authenticity of the request but also proves useful in case of disputes.
Mention your personal details like name, date of birth, card number, expiration date, mobile number, and card closure reason in the letter. Post or mail the application letter to the below-mentioned Yes Bank registered address.
Credit Cards Division
YES Bank Ltd.,
YES Bank Towers,
Plot No. 14,
3rd Main Road,
Ambattur Industrial Estate,
Ambattur, Chennai-600058
Once your request is received by Yes Bank, the bank officials will go through the request, verify the details, will check your dues, they may call you as well for verification, and if everything is genuine your Credit Card will be closed.
Conclusion
In this article, we have discussed How to Close Yes Bank Credit Card | Yes Bank Credit Card Closure through customer care and by post or mail.
You can close or cancel a credit card any time you want, but you should think over the advantages and disadvantages of it before you proceed.
If It is possible keep your old account active as it will boost your credit, and you could always consider a product change instead of account closure.
FAQs
1800 103 1212
No, You can not close or cancel yes bank credit card without clearing dues. the dues have to be cleared anyhow before canceling or closing a credit card.
yes, yestouchcc@yesbank.in
