How to Close Yes Bank Credit Card: Complete Step-by-Step Guide

Key Takeaways
 

• You can close your YES BANK credit card online, through phone banking, or by email.
   
• Always clear outstanding dues and redeem reward points before requesting closure of Yes Bank Credit Card.
   
• Confirm the closure with the bank to ensure your YES BANK credit card is officially cancelled.

Closing a YES BANK credit card is a straightforward process that requires you to clear your dues and request closure through any of the available channels. You can close a Yes Bank Credit Card online, via phone banking, or by sending an email from your registered address.

My friend Riya wanted to close her YES BANK credit card after clearing all her outstanding balance of ₹15,000. She logged in to the YES Mobile App, raised a closure request, and received a confirmation email from the bank within a few days.

In this blog, you will learn the step-by-step process, key precautions, and useful tips to help you close your YES BANK credit card safely and efficiently.

Steps to close the Yes Bank Credit Card

Closing a YES BANK credit card is a straightforward process that helps you manage your finances better once you no longer need the card. The bank offers several secure and convenient ways to complete the closure of Yes Bank Credit Cardwithout any hassle.

Before you start closure of Yes Bank Credit Card, make sure you have these details handy:

• The last four digits of your YES BANK credit card number
• Your date of birth
• Your registered mobile number

You can close your YES BANK credit card in any of the following ways:

• You can use this link (https://www.yes.bank.in/personal-banking/yes-individual/cards/credit-cards/creditcard-block-dispute) to submit your closure request online directly.
• Log in to YES Online (Net Banking) and raise a card closure request.
• Use the YES BANK Mobile Banking App (iris App) for a quick and paperless process.
• Call the phone banking numbers: 1800 103 6000 / 1860 210 1200 (for India) or +91 22 4935 0000 (for customers abroad).
• Email your closure request to creditcard.closure@yesbank.in from your registered email ID.

Once the bank receives your request, it will confirm your identity and ensure that all dues are cleared before proceeding. After successful verification, you will receive a confirmation message or email stating that your YES BANK credit card has been closed.

Following these steps ensures a smooth closure process and helps you maintain a healthy financial record.

What Happens After a Yes Bank Credit Card Closure?

After you close your YES BANK credit card, the bank starts the verification process to confirm that all your outstanding dues are cleared. Once verified, the card account is permanently deactivated, and you can no longer use it for any transactions.

Within a few days, you will receive a confirmation message or email from the bank stating that your YES BANK credit card has been officially closed. It is important to keep this confirmation for your personal records.

Next, the bank updates your credit report to reflect that the YES BANK credit card account has been closed. This helps maintain transparency in your credit history.

Lastly, you should check your next credit report to ensure the closure is correctly recorded. A proper update ensures that your YES BANK credit card closure does not negatively affect your credit score.

Precautions Before Closing a Yes Bank Credit Card

Before closing your YES BANK credit card, it is important to follow a few essential checks to avoid charges, protect your credit score, and ensure a smooth closure process.
 

Taking these precautions helps you close your YES BANK credit card safely and ensures your credit profile remains healthy.

Conclusion

Closing your YES BANK credit card is a simple process when you follow the correct steps and clear all outstanding dues. Make sure to redeem your reward points and confirm the closure with the bank for complete assurance. By handling the process carefully, you can close your YES BANK credit card smoothly while keeping your credit history in good standing.

Bonus Tip: Do you know? Before closing your YES BANK credit card, ask if they can lower the fee or switch you to a zero-fee variant to keep your credit history.

FAQs

1. Can I close my YES BANK credit card if I still have active autopay subscriptions?
No, closure will be delayed until all linked auto-payments are removed or shifted to another card.

2. What happens to my YES BANK reward points after I close my card?
All unredeemed reward points expire instantly once the closure request is processed.

3. Can I reopen a YES BANK credit card after closing it?
No, a closed YES BANK card cannot be reactivated. You must apply for a new card.

4. How long does it take to close a YES BANK credit card?
The closure process usually takes a few working days once all dues are cleared.

5. Will closing my YES BANK credit card affect my credit score?
Yes, it may slightly affect your credit score, but timely payments and low debt can help maintain a healthy score.

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.