NX-WaveKey Fact Statement

Key Fact Statement

You can find below key information about your NX Wave Credit Card
such as your drawal limits, interest free period etc

Partners

Yes Bank
Uni Orbit Technologies Ltd.

Fees & Charges

Joining Fee

for primary card holder

Zero

Annual Membership Fee

for primary card holder

Zero

Cancellation Fee

Zero

Card Replacement Fee

₹100

ATM Withdrawal Limit

Up to 30% Credit Limit

ATM Withdrawal Fee

on each transaction

2.5%

Min Fee of ₹300

Overlimit Fee

2.5% of Overlimit Amount

Min Fee of ₹500

Rent Payment Fee

on each transaction

Up to 1%

Min Fee of ₹1

Service Charges

Rewards Redemption Fee
Forex Markup Fee

Zero
Zero

Interest Free Period

Upto 50 days

Interest Rate

post interest free period

Per Month
Per Annum

Upto 3.80%
Upto 45.60%

Interest on ATM Withdrawals

from the date of transaction

Per Month
Per Annum

Upto 3.80%
Upto 45.60%

Repayment Charges

Zero

Service Charges

Rewards Redemption Fee

Zero

Forex Markup Fee

Zero

Interest Free Period

Upto 47 days

Interest Rate

post interest free period

Per Month

Upto 3.99%

Per Annum

Upto 47.88%

Interest on ATM Withdrawals

from the date of MobileRowsansaction

Per Month

Upto 3.99%

Per Annum

Upto 47.88%

Repayment Charges

Zero

Late Payment Charges

OUTSTANDING DUE AS PER STATEMENT BALANCE	LATE FEE
Upto ₹100	₹0
₹100 – ₹500	₹100
₹501 – ₹5,000	₹500
₹5,001 – ₹25,000	₹750
₹25,001 – ₹50,000	₹1,100
₹50,001 and above	₹750
₹5,001 – ₹7,500	₹1,200
Min. Amount Due (MAD) Minimum Amount Due will be ₹100 if 5% of total amount due is less than ₹100	5% of Total Due All Spends PLUS Interest, if any + Applicable Fees and Charges + Previous unpaid Minimum Amount Dues, if any

Goods and Service Tax of 18% is applicable on all fees, interest and other charges.

Drawal Limits

Credit Limit	Shown on offer screen at time of onboarding, and on the app post onboarding
Available Credit Limit	Shown on offer screen at time of onboarding, and on the app post onboarding
ATM Withdrawal Limit	Shown on offer screen at time of onboarding, and on the app post onboarding

Other Info

1% Fuel Surcharge Waiver

1% Fuel Surcharge is waived off for fuel refills of transaction value up to ₹7,500. Surcharge Waiver is capped at ₹500 per statement cycle.

Payment Return Charges

A fee of ₹350 will be charged in case of Cheque or AutoPay bounce during repayment.

Duplicate Physical Statement Fee

For a duplicate physical statement older than 6 months, a fee of ₹100 per statement will be charged.

TDS on Cash Withdrawals above ₹1 Crore

With effect from 1 September 2019, TDS of 2% is applicable on aggregate Cash Withdrawals exceeding ₹1 Crore from all accounts and cards with Yes Bank in a particular financial year.

Disclaimer

Please note that these features and charges are subject to change from time to time.

This co-branded credit card is brought to you in collaboration with our partner Uni. The value proposition of the co-brand product may be funded jointly by YES Bank Ltd and the co-brand partner basis the financial arrangement between both the parties. Accordingly, there may be fee and revenue sharing between the two parties.