YES BANK POP-CLUB Review 2026: 10 POPCoins per ₹100 — but What Is a POPCoin Worth?
POP-CLUB pays 10 POPCoins per ₹100 on e-commerce. YES BANK publishes no rupee value for a POPCoin anywhere, so the headline cannot be converted into a rate with confidence. Full review.
YES BANK's POP-CLUB card has no joining fee, a ₹399 annual fee waived on ₹1,50,000 of spend, and a headline of 10 POPCoins on every ₹100 spent on e-commerce.
Whether that is a 10% card or a 1% card depends on a number YES BANK does not publish.
YES BANK POP-CLUB Credit Card Quick Overview
| **Card type** | Entry co-brand card |
|---|---|
| **Best for** | Someone already using the POP app who will verify the coin value |
| **Joining / renewal fee** | Nil joining, ₹399 + GST renewal — renewal waived at ₹1.5 lakh of annual spend |
| **Network** | Visa |
| **Base reward rate** | **2.0%** |
| **Top reward rate** | **10.0%** — shopping |
| **Reward currency** | POPCoins, valued at ₹1 each |
| **Lounge access** | None published |
| **Forex markup** | 3.5% |
Reward Structure: How You Earn
POP-CLUB earns POPCoins, not YES Rewardz Points, and YES BANK's redemption table does not apply to it.
10 POPCoins per ₹100 on e-commerce and online transactions.
2 POPCoins per ₹100 on other transactions, including UPI.
| Spend | Effective rate |
|---|---|
| shopping | **10.0%** |
| Everything else | 2.0% |
| Fuel, rent, wallet loads, government, gaming | **0%** |
The missing number
YES BANK publishes no rupee value for a POPCoin anywhere in its material. The rates are framed as '10 POPCoins on every 100 spent', which only reads as a percentage if a coin is worth a rupee.
This review carries ₹1 as a placeholder and flags it, because the alternative — leaving the field blank — would exclude the card from comparison entirely. But treat the 10% with scepticism:
- No ceiling is published either. A genuinely uncapped 10% on e-commerce would be extraordinary, and no issuer in this dataset offers it.
- The absence of both a rupee rate and a cap makes it more likely that a POPCoin is worth less than a rupee, or that the band is capped somewhere unstated.
Check the coin value in the POP app before choosing this card for the headline rate.
UPI earns the base rate, not the online rate
YES groups UPI with 'other transactions' at 2 POPCoins per ₹100 — a fifth of the e-commerce band. On a card positioned around app-based spending, that is worth knowing.
Two things changed on 15 June 2026
Reward points stopped being awarded on rental, wallet, fuel, government and marketing or advertising transactions, on cash withdrawals, and on Post Purchase EMI and Instant EMI.
The foreign currency markup rose on most of the range. Reserv and the YES First family went from 1.75% to 2.00%; Elite+, YES Essence and YES Prosperity Business to 3.00%; and Select, ACE, the Virtual RuPay card and Klick from 2.75% to 3.50% — a 0.75-point jump, the largest in the range.
Only YES Private, Marquee, FREO and the BYOC/EMI/Wellness/Zagg group were unchanged. Anyone reading a YES BANK review written before June 2026 is looking at both a wider earning base and a cheaper foreign markup than exist now.
A separate 1% dynamic currency conversion charge catches people out. If an international transaction is billed to you in rupees — at a foreign point of sale, or at an overseas merchant selling in INR — YES levies 1% plus GST on top of the markup above. Choosing to be charged in rupees abroad costs more, not less.
Category Restrictions: Where You Won't Earn
- Where you earn nothing: FROM 15 JUNE 2026 YES BANK AWARDS NO REWARD POINTS on rental, wallet load, fuel, government, and marketing or advertising transactions, nor on cash withdrawals, Post Purchase EMI or Instant EMI. Separately, YES publishes a 'Select categories' MCC list — utilities (4899, 4900), insurance (6300, 6381) and education (8211, 8220, 8241, 8244, 8249, 8299) — which earn the card's LOWEST band rather than nothing.
- Point expiry: 36 months from the date of earning, per YES BANK's Credit Card Redemption Rules. A minimum of 2,000 Reward Points is required before anything can be redeemed.
Fees and Charges
| Charge | Amount |
|---|---|
| Joining fee | Nil |
| Renewal fee | ₹399 + GST |
| Finance charges | 3.99% per month (47.88% per annum) on revolving credit, cash advances and overdue amounts. |
| Cash advance fee | 2.5% of the amount withdrawn. Not applicable to any Virtual Credit Card. |
| Cash advance interest | 3.99% per month, charged from the date of withdrawal with no interest-free period. |
| Forex markup | Set per card variant and RAISED ON MOST OF THE RANGE ON 15 JUNE 2026: YES Private 0.50%; Marquee 1.00%; Reserv and the YES First family 2.00% (from 1.75%); YES Prosperity Business, Elite+ and YES Essence 3.00%; Select, ACE, Virtual RuPay and Klick 3.50% (from 2.75%); FREO 3.40%; BYOC, EMI Card, Wellness, Wellness Plus, Zagg and Novio 3.50%. NOT APPLICABLE AT ALL to Uni, Uni RuPay Virtual, AI Inside and NIYO. |
| Dynamic currency conversion | 1% plus GST, charged IN ADDITION where an international transaction is billed in INR — at an overseas point of sale or at a merchant registered abroad selling in rupees. Not applicable to Uni, Uni RuPay Virtual, AI Inside or NIYO. |
| Fuel transactions | A fuel surcharge of 1% to 2.5% plus GST may be levied by the acquirer and is payable by the cardholder. Most YES cards carry a 1% surcharge waiver; note separately that fuel has earned NO reward points since 15 June 2026. |
| Reward redemption | NIL on YES Private. ₹100 + GST per redemption request on Marquee, Reserv and every other variant. A convenience fee of ₹99 + GST applies to flight bookings on top. |
| GST | 18% on all fees, interest and charges. |
Is the YES BANK POP-CLUB Credit Card Worth It?
No joining fee and a ₹399 annual fee waived at ₹1,50,000 makes this cheap to hold.
The 10% headline is unverifiable from YES BANK's published material. That does not make it false — it makes it something to confirm rather than assume.
The foreign currency markup rose from 3.40% to 3.50% on 15 June 2026.
Frequently Asked Questions (FAQs)
What is a POPCoin worth? YES BANK does not publish a rupee value for POPCoins anywhere in its card material. The earn rates are framed as coins per ₹100, which implies ₹1 a coin, but that is an inference rather than a published figure. Check the POP app before relying on it.
Does POP-CLUB pay the 10% rate on UPI? No. YES groups UPI transactions with 'other transactions' at 2 POPCoins per ₹100. The 10 POPCoins per ₹100 band applies to e-commerce and online transactions only.
What is a YES Rewardz Point worth? Between ₹0.10 and ₹0.25 depending on how you redeem. Flight and hotel bookings pay ₹0.25 — the maximum on every variant — while statement credit pays ₹0.10. E-gift vouchers pay ₹0.15 on YES Private and Marquee, ₹0.10 elsewhere.
Is there a fee to redeem YES BANK reward points? ₹100 plus GST per redemption request on every card except YES Private, where it is nil. A further ₹99 plus GST convenience fee applies to flight bookings. A minimum of 2,000 points is required for any redemption, and points expire after 36 months.
What does not earn reward points on YES BANK cards? Since 15 June 2026: rental, wallet, fuel, government and marketing or advertising transactions, cash withdrawals, and Post Purchase EMI and Instant EMI. Utilities, insurance and education fall into YES's 'Select categories' and earn the card's lowest band rather than nothing.
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