Credit Card New : Rio has recently launched the YES Bank credit card. Rio RuPay Credit Card is offered in conjunction with Yes Bank and NPCI. It is a device that supports UPI. This card facilitates transactions by integrating credit benefits with UPI. It enables customers to shop from over 100 million merchant locations throughout the country. This card offers users a credit limit of up to Rs 5 lakh, personalized incentives, and exclusive deals via the Rio app’s Know Your Offers feature.
This particular card is only for them
This card has piqued the interest of people in small cities as well. During the test launch, 60% of applications were from tier 2 and tier 3 cities. This credit card is open to persons aged 21 to 60, regardless of whether they are employed or own their own businesses. The applicant for this card must have a minimum net monthly wage of Rs 25,000 or an annual income tax return of Rs 5 lakh. Existing YES BANK credit cardholders are not eligible.
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Credit Card New can be used for the rest of your life
This card has no expiration date. There is also no membership cost. While this card has several advantages, some particular transactions will be charged. A 1% fee plus GST would be applied on utility payments of more than Rs 15,000 per month, with a maximum limit of Rs 3,000.
Credit Card New is how you will obtain the benefit
Payment of college fees through third-party apps such as CRED or PhonePe will incur a 1% cost plus GST beginning in October 2024, with a maximum price of Rs 5,000 per calendar month. Similarly, fuel transactions exceeding Rs 10,000 each transaction would incur a 1% levy plus GST, which will be capped to Rs 5,000 per month. For example, a fuel purchase of Rs 20,000 using this card will result in a Rs 200 fee and tax.
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