YES FIRST Exclusive Credit Card- Features and Benefits
Welcome and Renewal Benefit- On making the first transaction within 90 days of card issuance, users get 50,000 bonus reward points. 40,000 reward points are offered on renewal.
Exclusive Rewards Program- Cardholders can earn rewards on card usage-
- 6 reward points per Rs. 100 across all categories
- 12 reward points per Rs. 100 on making payment to tour and travel operators, domestic airlines or on dining
- 1,000 bonus rewards are offered on YES PayNow registration
Multiple Redemption Options- The accumulated reward points can be redeemed in the following ways-
- Converted into JPMiles (4 reward points = 1 JPMile)
- Utilized for booking flight, hotel or movie tickets on YES Bank’s dedicated rewards website
- Used to purchase merchandise and vouchers from the exclusive rewards catalogue
Priority Pass Membership- The primary cardholder and add-on user both can avail unlimited access to international airport lounges under the complimentary Priority Pass Membership.
Domestic Lounge Access- Unlimited access to 25+ domestic lounges is also offered to the primary and add-on cardholders.
TAJ InnerCircle Epicure Membership– The primary cardholders can enjoy exclusive privileges on dining and stay at Taj Group of Hotels under the complimentary Taj InnerCircle Epicure Membership.
Golf Benefit- Through the Mastercard World Golf Programme, the primary users get access to select golf courses in India with the green fee waived off and one complimentary golf lesson per month.
Milestone Benefit- On spending Rs. 20 lakh in a year, users earn 25,000 bonus reward points.
Insurance Coverage- Cardholders can enjoy the following types of insurance covers-
- Air accident cover of Rs. 3 crore
- Overseas emergency hospitalization cover of Rs. 50 lakh
- Credit Shield Cover
YES Assist Concierge Service- Users also get access to the exclusive concierge assistance by YES Bank
Suggested Read: Concierge Services: A Perk for Premium Credit Card Users
YES FIRST Exclusive Credit Card- Fees and Charges
Important fees and charges related to this card are:
|Annual Fee||Rs. 10,000 + GST|
|Interest-free Period||Up to 50 days|
|Cash Limit||30% of the credit limit|
|Cash Advance Fee||2.5% of the amount withdrawn (min. Rs. 300)|
|Overlimit Fee||2.5% of the over-limit amount (min. Rs. 500)|
|Foreign Exchange Mark-up||1.75%|
|Late Payment Charges||For balance-|
Below Rs. 100- Nil
|Add-on Card Fee||Nil (up to 3 cards can be issued)|
|Payment Return Charges (Autopay/Cheques)||Rs. 350 per instance|
YES FIRST Exclusive Credit Card- Eligibility and Documentation
Applicants should meet the following eligibility criteria in order to be eligible for this credit card:
- They should be salaried or self-employed
- They should fall in the age bracket of 21 to 60 years
- Salaried applicants must have a minimum monthly income of Rs. 4 lakh
- Self-employed applicants should have an ITR of at least Rs. 50 lakh
Applicants also need to submit certain documents at the time of application. This includes proof of identity, address and income. The following documents may be accepted by the bank:
|Proof of Identity|
Proof of Address
|Proof of Income|
Can the annual fee on the card get waived off on reaching a spending limit?
The terms and conditions related to the annual fee waiver will be communicated to the user at the time of card issuance.
How much tax will I have to pay on the card?
All credit card services will attract GST at a rate of 18%.
Where can I find YES Bank’s reward catalogue?
Click here to visit YES Rewardz- the rewards catalogue of YES Bank. Select your card and proceed.
What is YES PayNow?
YES PayNow is the utility bill payment service of YES Bank. You can set standing instructions for utility bill payments through this facility.
What is the credit card customer care number of YES Bank?
For all your credit card related queries, you can reach out to YES Bank on 1800 103 1212