HDFC Infinia Credit Card vs YES Bank First Exclusive Credit CardHDFC Infinia Credit Card vs YES Bank First Exclusive Credit Card

HDFC Infinia vs YES Bank First Exclusive Credit Card

Wealthy individuals and accomplished business owners often favor high-end credit cards offering diverse benefits across different spending areas. A prime illustration of this is the HDFC Infinia Metal Edition, a coveted premium card in the region. Despite its hefty Rs. 12,500 joining fee, it offers an array of advantages spanning golf, dining, travel, and beyond. Notably, its impressive reward rate enables users to redeem points for various perks, including converting them into Airmiles.

A prominent choice among premium credit cards is the Yes Bank First Exclusive credit card. Priced at a joining and renewal fee of Rs. 1999 plus taxes, it targets individuals who prioritize luxury without compromise. The card offers an array of benefits including complimentary access to both domestic and international lounges, an industry-leading forex markup fee of just 1.75%, round-the-clock concierge services, exclusive golf privileges, and more. Additionally, cardholders can access insurance coverage along with perks related to movies and dining, making it an all-encompassing choice for those seeking premium privileges.

Features and Benefits of HDFC Infinia Credit Card and YES Bank First Exclusive Credit Card

HDFC Infinia Credit Card:

  1. Exclusive Offering:
    • Invite-only premium credit card by HDFC Bank.
    • Exclusive to a specific clientele, accessible only to those who meet stringent criteria, this membership entails a substantial joining fee of Rs. 12,500.
  2. Foreign Currency Advantage:
    • Ideal for frequent foreign currency spenders with a low forex markup fee of 2%.
  3. Welcome Benefits:
    • Bonus 12,500 reward points upon paying the joining fee.
    • 1-year complimentary Club Marriott membership for exclusive offers at Marriott hotels in the Asia Pacific region.
  4. Travel Benefits:
    • Unlimited lounge access (domestic and international) for both primary and add-on cardholders.
    • Club Marriott membership offers discounts on hotel rates.
    • Enjoy a free night’s accommodation at ITC Hotels when you book a partner stay for two nights (advance booking necessary).
    • SmartBuy portal for redeeming reward points on hotel and flight bookings.
  5. Dining and Movie Benefits:
    • Discounts on food and beverages at Marriott hotels.
    • Good Food Trail program for restaurant discounts.
    • Complimentary buffets at participating ITC hotels.
    • 25% off at 2000+ restaurants and additional Dineout Passport membership.
  6. Golf Benefits:
    • Enjoy endless opportunities to play golf around the world at no additional cost, inclusive of green fees, instructor charges, and golf ball expenses.
  7. Reward Rate and Redemption:
    • Get 5 Reward Points for every Rs. 150 spent, and enjoy the possibility of earning up to 10 times the Reward Points when you shop through SmartBuy.
    • Exchange your points for various rewards such as hotel stays, flights, Airmiles, merchandise vouchers, Tanishq or Apple vouchers, or even cashback.
  8. Fuel Surcharge Waiver:
    • 1% fuel surcharge waiver on spends between Rs. 400 to Rs. 1000, max benefit Rs. 1000/month.
  9. Insurance Benefits:
    • Accidental air death cover of Rs. 3 Crores.
    • Medical emergency cover of Rs. 50 Lakhs.
    • Protection against credit liability and credit shield coverage, each amounting to Rs. 9 lakhs, are provided.

YES Bank First Exclusive Credit Card:

  1. Premium Offering:
    • High-end credit card by Yes Bank with a joining fee of Rs. 1999 plus taxes.
  2. Travel Perks:
    • Complimentary domestic and international lounge access.
    • Low forex markup fee of 1.75%.
  3. Additional Features:
    • Complimentary golf rounds, 24×7 concierge service, Priority Pass, and movie ticket discounts.
  4. Reward System:
    • Earn 6 reward points for every Rs. 200 spent on specific categories, while collecting 12 reward points for expenditures made elsewhere.
    • 24 RPs per Rs. 200 on travel and dining, max capping at 5000/month.
    • Bonus 1000 RPs on Yes PayNow registration.
  5. Reward Redemption:
    • Exchange your accumulated points for various rewards such as movie tickets, travel bookings, and more through the Yes Rewardz portal.
    • Convert RPs to partner airlines Airmiles.
  6. Dining and Movie Benefits:
    • Exclusive dining offers through the Yes Privileges portal.
    • 25% off on BookMyShow movie tickets, max Rs. 250 discount per month.
  7. Insurance Coverage:
    • Life cover of Rs. 3 Crore.
    • Medical emergency cover of Rs. 50 Lakhs.
    • Credit Shield cover of Rs. 10 Lakhs.
  8. Fuel Surcharge Waiver:
    • Waiver on transactions between Rs. 400 to Rs. 5000 at fuel outlets, max benefit capped at Rs. 1000/month.

Fee and Charges of HDFC Infinia Credit Card and YES Bank First Exclusive Credit Card

HDFC Infinia Credit Card:

  • Joining fee: Rs. 12,500 plus taxes.
  • Interest rate: 1.99% per month (23.8% per annum).
  • Forex markup fee: 2% of the transaction amount.
  • No cash withdrawal fee.

YES Bank First Exclusive Credit Card:

  • Joining fee: Rs. 1999 plus taxes.
  • Interest rate: 2.99% per month.
  • Forex markup fee: 1.75% of the transaction amount.
  • Cash advance fee: 2.5% or Rs. 300 minimum.

Comparison between HDFC Infinia Credit Card and YES Bank First Exclusive Credit Card

HDFC Infinia Credit Card:

  1. Joining/Annual Fees: Rs. 12,500 plus taxes
  2. Welcome Benefits: Receive a bundle of benefits with 12,500 reward points coupled with a one-year membership to Club Marriott. Enjoy exclusive privileges and perks that come with your membership, enhancing your experiences across various Marriott properties.
  3. Reward Earning Rate: 5 RPs per Rs. 150 spent with the card
  4. Reward Redemption: Reward points (RPs) offer versatile redemption options including discounts on hotel and flight reservations, accumulation of Airmiles, acquisition of various products and vouchers, as well as exclusive Apple and Tanishq vouchers, alongside the possibility of cashback.
  5. Travel Benefits:
    • Complimentary Club Marriott membership
    • Complimentary 2+1 night stay at ITC hotels
    • Complimentary Priority Pass membership with unlimited access to airport lounges
  6. Dining/Movie Benefits:
    • Enjoy exclusive dining perks through the Good Food Trail initiative.
    • 1+1 complimentary buffet at participating ITC hotels
  7. Golf Benefits: Enjoy endless opportunities to play golf for free at a variety of exclusive courses both within India and internationally.
  8. Renewal Fee Waiver: If you spend Rs. 10 Lakhs within the card anniversary year, you won’t have to pay the renewal fee.
  9. Forex Markup Fee: 2% of the transaction amount

YES Bank First Exclusive Credit Card:

  1. Joining/Annual Fees: Rs. 1999 plus taxes
  2. Welcome Benefits: NA
  3. Reward Earning Rate: Earn 6 reward points for every Rs. 200 spent in the Select category, and get 12 reward points for every Rs. 200 spent on other spending categories. Additionally, receive 1000 reward points upon registering with YES PayNow.
  4. Travel Benefits:
    • 12 complimentary domestic lounge access per year
    • You receive six free entries to international lounges through Priority Pass, providing complimentary access.
  5. Dining/Movie Benefits:
    • 25% discount on BookMyShow movie ticket bookings
    • Exclusive dining offers at the Yes Privileges portal
  6. Golf Benefits: 4 complimentary golf rounds with green fees waived off, 1 complimentary golf lesson per year
  7. Renewal Fee Waiver: Annual fee can be waived off on spending Rs. 75,000 in the first 3 months.
  8. Forex Markup Fee: 1.75% of the transaction amount

Which credit card suits you best?

  1. The HDFC Infinia and Yes First Exclusive credit cards both appeal to individuals in search of a high-end credit card.
  2. Interestingly, there’s a noteworthy contrast in the yearly and enrollment charges. The Yes First Exclusive card requires an enrollment fee of Rs. 1999 along with taxes, while the Infinia card demands a significantly higher enrollment fee of Rs. 12,500 plus taxes.
  3. The Infinia card provides more travel and lifestyle benefits compared to the Yes First Exclusive card, but it is available on an invitation-only basis, limiting accessibility.
  4. Although the Infinia card boasts exclusivity, the Yes First Exclusive card stands out with its impressive reward rates and diverse redemption opportunities.
  5. The Yes First Exclusive card offers an array of standout perks, including complimentary access to both domestic and international airport lounges, privileges for golf enthusiasts, and an exceptionally low forex markup fee of just 1.75%, setting it apart in the industry.
  6. If invited for the Infinia, it is a compelling choice due to its superior perks. However, if not invited, the Yes First Exclusive credit card is a worthy alternative without any hesitation.

Frequently Asked Questions (FAQs)

Q: What sets HDFC Infinia and YES Bank First Exclusive credit cards apart?

A: The main differences lie in their fees, accessibility, and the variety of travel and lifestyle benefits they offer.

Q: What is the joining fee for each of these cards?

A: HDFC Infinia charges a higher joining fee of Rs. 12,500 plus taxes, while YES Bank First Exclusive card has a joining fee of Rs. 1999 plus taxes.

Q: Is there a specific eligibility requirement for HDFC Infinia?

A: Yes, HDFC Infinia is available only by invitation, based on certain criteria and financial history.

Q: What makes HDFC Infinia exclusive?

A: HDFC Infinia’s exclusivity stems from its invitation-only status, providing premium travel and lifestyle perks to a select group.

Q: How do the reward rates compare between YES Bank First Exclusive and HDFC Infinia?

A: YES Bank First Exclusive card offers competitive rewards, though HDFC Infinia may excel in extensive travel and lifestyle benefits.

Q: Is YES Bank First Exclusive card also invite-only?

A: No, it’s open for application to a wider audience based on standard eligibility criteria.

Q: Apart from joining fees, what other features differentiate these cards?

A: YES Bank First Exclusive stands out with complimentary lounge access, golf benefits, and a low forex markup fee of 1.75%.

Q: If not invited for HDFC Infinia, is YES Bank First Exclusive a good alternative?

A: Certainly. YES Bank First Exclusive offers impressive features, making it a worthy option for those not eligible for HDFC Infinia.

Q: What are the specific advantages of each card?

A: HDFC Infinia offers more exclusive perks but requires an invitation. YES Bank First Exclusive provides great benefits without such constraints, offering versatility.

Q: How do their foreign exchange fees compare?

A: YES Bank First Exclusive has a favorable forex markup fee of 1.75%, making it more advantageous compared to HDFC Infinia.

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