Yes Bank
YES First Preferred Credit Card
Annual Fee
₹999
Base Reward
4% points
Foreign Markup
1.75% on all foreign currency spends
Welcome Benefits
10,000 reward points on first transaction within 90 days
Product Highlights
- 4 reward points per ₹200 spent on select categories
- 8 reward points per ₹200 spent on other retail purchases
- 16 reward points per ₹200 spent on travel and dining
- 4 complimentary international lounge access per year
- 2 complimentary domestic lounge access every quarter
Category Rewards
utilities
4 Reward Points per ₹200
4 Reward Points per ₹200
grocery
4 Reward Points per ₹200
4 Reward Points per ₹200
shopping
8 Reward Points per ₹200
8 Reward Points per ₹200
travel
16 Reward Points per ₹200
16 Reward Points per ₹200
dining
16 Reward Points per ₹200
16 Reward Points per ₹200
Fee Waiver
The joining fee can be waived if you spend ₹50,000 in first 90 days. The renewal fee can be waived off on spending ₹4 lakhs or more in the preceding year.
Rewards Details
Get 4 reward points for every ₹200 spent on utilities, groceries, tax payments, and insurance sales. Earn 8 reward points for every ₹200 spent on other retail purchases. Enjoy 16 reward points for every ₹200 spent on travel and dining.
- 1 Reward Point = ₹0.25 for hotel/flight bookings, 1 Reward Point = ₹0.10 for gift vouchers and product catalogue.
Benefits & Features
Domestic: 2 complimentary visits per quarter (Available for primary cardholders only) International: 4 complimentary visits per year via Priority Pass (Available from year 1) Full lounge access description
Pros & Cons
Pros
- High reward points on various categories
- Complimentary lounge access
- Low foreign markup fee
- Insurance benefits
Cons
- Joining fee of ₹999
- Redemption fee of ₹100 per request
- Limited to Mastercard network
Additional Info
Capped at 3,000 reward points per month for travel and dining spends
Partner Merchants
Fees & Charges
Eligibility
Min Age
21 yrs
Salaried
₹2.0L+
Self-Emp
₹24.0L+
Networks
Fee Waiver
The joining fee can be waived if you spend ₹50,000 in first 90 days. The renewal fee can be waived off on spending ₹4 lakhs or more in the preceding year.