YES BANK Launches 'YES vibez' Savings Account for Gen Z: Zero Service Charges, Cashback and UPI Rewards
YES BANK has launched YES vibez, a savings account for young customers with zero service charges, debit card cashback, UPI rewards, a free demat account for a year and a first-year free FD-backed credit card.
By Sham Rathi ·
YES BANK has launched YES vibez, a new savings account made for Gen Z, the generation of students, first-jobbers, freelancers and young founders. The bank announced it on 28 October 2026. The account is designed for people who bank mostly on their phones and pay mostly by UPI.
What the account offers
- Zero service charges on the savings account.
- Joining benefits worth up to Rs 22,000, as per the bank.
- Cashback of up to Rs 12,000 on debit card spends.
- UPI rewards of up to Rs 3,000 on payments to UPI merchants.
- Free demat and trading account with YES Securities, with zero brokerage for the first year.
- Movie and dining offers.
- A credit card backed by a fixed deposit (FD), free for the first year, to help young customers start building a credit score.
Two new debit cards
The debit card benefits change with the account level. The Reflection Debit Card lets customers put a picture of their choice on the card. The HealthFit Debit Card comes with wellness benefits such as gym access, health check-ups and pharmacy offers.
What the bank said
Dheeraj Sanghi, Country Head, Retail Liabilities, Fee and Business Banking at YES BANK, said the account was built for a fast-moving, digital-first generation. He said the bank wants to make banking easier for young people and help them build sound money habits early in their careers.
Offers, limits and conditions can change and depend on the account level. Before opening the account, check the full terms with your nearest YES BANK branch in Pune or on the bank's website, yes.bank.in.
Questions and answers
What is the YES BANK YES vibez savings account?
YES vibez is a savings account from YES BANK for Gen Z customers, launched on 28 October 2026. It has zero service charges, debit card cashback, UPI rewards, a free demat account for a year and a first-year free FD-backed credit card.
What cashback and rewards does the YES BANK YES vibez account give?
As per YES BANK, the YES vibez account gives cashback of up to Rs 12,000 on debit card spends, rewards of up to Rs 3,000 on UPI merchant payments, and joining benefits of up to Rs 22,000. Terms apply.
Which debit cards come with the YES BANK YES vibez account?
YES vibez customers can get the YES BANK Reflection Debit Card, which carries a picture of their choice, or the YES BANK HealthFit Debit Card, which has wellness benefits like gym access, health check-ups and pharmacy offers.
