Yes First Preferred Credit Card

The YES FIRST Preferred Credit Card is an excellent choice for accumulating reward points in diverse categories, and it provides the flexibility to redeem them for specific selections. Notable features of this card include bonus reward points, an annual fee waiver, and the convenience of instant EMI, making it a standout option for savvy cardholders.

Key Highlights of Yes First Preferred Credit Card

  • Complimentary Priority Pass Membership with free visits to Airport Lounge 4 times in a calendar quarter
  • 5X reward points for the first three transactions of the biller registered on YesPayNow.
  • 10000 reward points as Welcome Gift on the first transaction within  90 days from the date of card set-up
  • Medical Insurance of Rs. 25.00 lakhs for medical emergencies during travel abroad.
  • 25% discount on movie tickets booked on BookMyShow
  • 1% fuel surcharge waiver for transactions between Rs. 400 to Rs. 5000 at fuel stations across the country.

Features and Benefits of Yes First Preferred Credit Card

The SBI Unnati Credit Card provides a range of attractive benefits:

  1. Bonus Rewards: Earn 10,000 bonus reward points by making your first transaction within 90 days of card issuance, and receive an additional 7,500 extra reward points with each renewal.
  2. Milestone Benefits: Spend Rs. 7.5 lakh in a year to earn 20,000 bonus reward points.
  3. Renewal Fee Waiver: Enjoy a waiver on the renewal membership fee for the subsequent year by spending Rs. 2.5 lakhs in a year.
  4. Preferred Reward Points: Earn reward points for every purchase at varying rates, including 8 reward points on every Rs.200 spent on most categories, 4 reward points on select categories, and 5X reward points on the first three transactions with YES PayNow.
  5. Multiple Redemption Options: Redeem your reward points in multiple ways, such as purchasing from YES Bank’s exclusive rewards catalogue, converting points into Intermiles or Club Vistara Points, or booking movie tickets, hotels, or flights on YES Bank’s dedicated website YesRewardz (NRI cardholders have specific redemption options).
  6. Lounge Access: Access airport lounges worldwide through a complimentary Priority Pass Membership, with 4 free visits per calendar year for the primary cardholder. Additional visits are chargeable. Domestic lounge visits can be availed 2 times in a quarter by the primary cardholder.
  7. Movie Benefit: Get a 25% discount on movie tickets booked through the BookMyShow website or app.
  8. Golf Privilege: Enjoy golf benefits, including 4 complimentary rounds of green fees per calendar year at select golf courses in India and 1 free golf lesson every calendar month at select golf courses.
  9. Insurance Benefits: The card provides insurance coverage, such as Flight Accident Cover, Emergency overseas hospitalization cover, and Credit Shield cover.
  10. Fuel Surcharge Waiver: Benefit from a 1% fuel surcharge waiver at all fuel stations in India for transactions ranging from Rs. 400 to Rs. 5,000.
  11. Lifestyle Benefits: Access multiple offers on YES Bank Credit Cards through Yes Privileges.

Yes First Preferred Credit Card Fees and Charges

  1. First Year Membership Fee Rs.999 plus taxes (waived off on spending Rs.50,000 in the first 90 days)
  2. Annual fee Rs.999 plus taxes (waived off on spending Rs.2.5 lakh the previous year)
  3. Finance charges 1.99% for existing YES Bank customers; 2.75% for new YES Bank customers.
  4. Cash advance charges 2.5% of the advance amount
  5. Over limit charges 2.5% of Over Limit Amount or Rs.500 (Whichever is higher)
  6. Add-on card fee Nil up to 3 cards
  7. Late payment fees
  8. Outstanding balance up to Rs.100 – Nil
  9. From Rs.101 to Rs.500 – Rs.150
  10. From Rs.501to Rs.5,000 – Rs.500
  11. From Rs.5,001 to Rs.20,000 – Rs.750
  12. Above Rs.20,000 – Rs.1000
  13. Returned cheque Rs.350
  14. Foreign currency mark-up charge 1.75% on the transaction amount
  15. Duplicate statement request Rs.100 per statement
  16. Re-issue of lost or stolen card Rs.100

Eligibility criteria for the Yes First Preferred Credit Card

1. Occupation: Salaried or Self-employed
2. Minimum Income:

  • Salaried Applicants: At least 2 lakh per month
  • Self-employed Applicants: Minimum ITR of Rs. 24 lakh

3. Age Range: 21 to 60 years
4. Required Documents: For a list of acceptable documents, please click here.
5. Serviceable Cities: To see the list of eligible cities, please click here.

Documents Required for Yes First Preferred Credit Card

Following are the documents that are required when applying for the card:

  1. Identity Proof: Driving License, PAN Card, Aadhar Card, Passport, Voter’s ID, etc.
  2. Address Proof: Utility bills of latest months (not older than 3 months), Aadhar Card, Passport, etc.
  3. Income Proof: Latest audited ITR or Latest salary slips/bank statements.

How to apply for Yes First Preferred Credit Card

You have the option to apply for the YES Bank First Preferred Credit Card through both online and offline channels. If you prefer applying online, follow these straightforward steps:

  1. Visit the official YES Bank website.
  2. Navigate to the ‘Credit Cards’ section.
  3. Under ‘Premium Card,’ select the YES First Preferred Credit Card.
  4. Click on ‘Apply Now’ and complete all the required details.
  5. For an offline application, simply visit your nearest YES Bank branch, where you can submit the necessary documents and complete a physical application form to apply for the card.

Frequently Asked Questions (FAQs)

1. What is the Yes First Preferred Credit Card?

The Yes First Preferred Credit Card is a premium credit card offered by Yes Bank, providing exclusive benefits and privileges to its cardholders.

2. What are the key features of the Yes First Preferred Credit Card?

The card comes with a range of features, including reward points on every transaction, complimentary lounge access, insurance coverage, and concierge services. It is designed to cater to the lifestyle needs of high-net-worth individuals.

3. How can I apply for the Yes First Preferred Credit Card?

You can apply for the card through the official Yes Bank website or by visiting a Yes Bank branch. The application process typically involves submitting personal and financial documents for evaluation.

4. What is the eligibility criteria for the Yes First Preferred Credit Card?

Eligibility criteria may vary, but generally, applicants should have a good credit score, a stable income, and meet Yes Bank’s specific requirements. It is advisable to check the bank’s website or contact customer support for the latest eligibility criteria.

5. What rewards and benefits come with the Yes First Preferred Credit Card?

Cardholders can enjoy rewards in the form of points for every transaction, which can be redeemed for various benefits such as shopping vouchers, travel bookings, and more. Additionally, the card provides access to airport lounges, travel insurance, and lifestyle privileges.

6. Is there an annual fee for the Yes First Preferred Credit Card?

Yes, the card usually comes with an annual fee. The specific amount may vary, and there could be additional charges for add-on cards. It’s recommended to review the terms and conditions or contact customer service for the most up-to-date information.

7. How can I check my Yes First Preferred Credit Card statement and balance?

Cardholders can conveniently check their statements and balance online through the Yes Bank internet banking portal or mobile app. Additionally, monthly statements are sent to the registered email address.

8. Does the Yes First Preferred Credit Card offer international acceptance?

Yes, the card is typically accepted globally, allowing users to make transactions and withdrawals internationally. However, it’s advisable to inform the bank about any international travel plans to ensure a seamless experience.

9. What should I do if my Yes First Preferred Credit Card is lost or stolen?

In case of loss or theft, immediately contact the Yes Bank customer care helpline to report the incident. The bank will guide you through the necessary steps, including blocking the card and issuing a replacement.

10. How can I contact customer support for the Yes First Preferred Credit Card?

You can reach Yes Bank’s customer support through their helpline or visit the nearest Yes Bank branch. Additionally, contact information may be available on the official website.