YES First Preferred Credit Card, for the shopaholic in you

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Shop, spend and save.

Have you always wanted to shop like there’s no tomorrow? Here are the ultimate lifestyle offers on brands like Aurelia, W, and more for your shopaholic soul. YES First Preferred Credit Card not only gives you shopping benefits but also movie discounts, special lounge access, golf programs and much more.

Read on to know the benefits, application process, eligibility criteria and more.

YES First Preferred Credit Card: Features and Benefits

FeaturesBenefits
Welcome Offer15,000 reward points on the first transaction carried out within 90 days of card setup
Renewal Reward Points10,000 reward points on renewal of membership
Master World Golf ProgrammeWaiver of 3 green fee at select golf courses in India
1 complimentary golf lesson every month at select golf courses in India
Priority Pass Membership and MasterCard Lounge ProgramComplimentary Priority Pass Membership with 4 lounge visits in a month for the primary cardholder
Guest visits and more than 4 lounge visits at a charge of USD 27 with taxes for the primary cardholder
3 visits to domestic lounges in India per quarter for the primary cardholder
Insurance CoverageINR 1 crore for death due to flight accidents
INR 25 lakhs for emergency hospitalisation when travelling abroad
Credit Shield is cover for outstanding Credit Card dues in case of death of primary cardholder by accident
Movie Discounts25% off on booking movies through BookMyShow
Fuel BenefitsFuel surcharge waiver on transactions between INR 400 – 5,000
Lifestyle OffersDiscounts on shopping, wellness, dining, travel, etc. with brands like Amazon, Treebo, Aurelia, Clove Dental and more.
YES Assist ServicesConcierge and automobile assistance with reservations, referral, bookings, emergency services, gift delivery, etc.
Attractive Rewards8 reward points per INR 100 spent on tour operators, travel agencies, dining, domestic airlines, etc.
4 reward points per INR 100 spent on retail purchases excluding fuel purchase
1,000 reward points on each YES PayNow registration
20,000 bonus reward points on spending INR 7.5 lakhs or more when you complete 12 months from the date of card setup or renewal

How do I apply for YES First Preferred Credit Card?

  1. Go to yesbank.in and click on ‘Apply for Credit Card’ under the ‘How May I Help You’ section.
  2. Under ‘Lifetime Free Credit Card’ you will find ‘YES First Preferred Credit Card’, click on ‘Apply Now’.
  3. A Credit Card application form will load where you will have to fill in your basic details.
  4. After confirming your mobile number by OTP, you will be asked to choose your Credit Card and move ahead to fill in all your information in detail.
  5. The bank will then verify your Credit Card application and accordingly approve or reject your application.
  6. You can also track your Credit Card application online or contact the customer care for more queries.

Am I eligible to apply for the Credit Card?

Here are the eligibility criteria for YES First Preferred Credit Card:

  • You should be between the age of 21 to 60 years
  • You should be salaried or self-employed
  • Your net income should be atleast INR 2,00,000 per month
  • Your income tax returns should be INR 24 lakhs or more
  • You can also apply if you have a fixed deposit with YES Bank of INR 3,00,000 and above

What are the documents I need to submit in order to apply?

  • One identity proof (Aadhaar Card, PAN Card, Driving License, Voting Card, Ration Card, Passport)
  • Address proof (includes documents like Passport, Electricity bill, Gas bill, Telephone bill, Ration card)
  • Income Proof for Salaried Employees: Recent salary slips and bank statement of last 6 months
  • Income Proof for Self-Employed: Recent income tax returns, balance sheet, audited profit and loss statement.
  • Passport-size coloured photographs

YES First Preferred Credit Card: Fees and Charges

Types of ChargesAmount
Joining FeeNil
Annual FeeINR 2,500
Renewal ChargesINR 2,500
Interest-Free PeriodUp to 50 days
      Late Payment ChargesNo charges will be levied if the total amount due is less than INR 100
INR 100 will be charged if the total amount due is between INR 101- 500
INR 400 will be charged if the total amount due is between INR 501 – 5,000
INR 500 will be charged if the total amount due is between INR 5,001 – 20,000
INR 700 will be charged if the total amount due is more than INR 20,000
Card Replacement ChargesINR 100
Overlimit Charges2.5% of the overlimit amount or INR 500
Fees Charged for Redeeming Reward PointsINR 100 per redemption request
Duplicate Statement FeeINR 100 per statement
Returned Payment FeeINR 350
Cash Advance Fees30% of the credit limit
Foreign Currency Transaction Charge1.75%
Minimum Repayment Amount5% of the total payment due

Frequently Asked Questions (FAQs)

What are the various modes of paying my Credit Card bills?

You can pay your Credit Card bills by the following modes:

  • Internet Banking: Internet banking account can be used to pay your bills. If you do not have a YES Bank internet banking account, you can use another bank’s net banking to pay via BillDesk.
  • ATM: You can also use the ATM to pay your Credit Card bills by visiting the nearest YES Bank ATM
  • NEFT: YES Bank allows payment through NEFT to the IFSC code YESB0CMSNOC
  • Cash: YES Bank allows you to pay your Credit Card bills by cash

What is the interest rate levied for revolving credit?

The interest rate levied is 3.0% per month and 36% annually on revolving credit if your Credit Card was issued against a fixed deposit with YES Bank. Otherwise, the interest rate levied is 3.5% per month and 42% annually on revolving credit.

Does YES First Preferred Credit Card have revolving credit feature?

Yes, the YES First Preferred Credit Card has the revolving credit feature where you are allowed to pay only the minimum amount due from the total amount due. The outstanding balance gets carried forward to the subsequent statement.

What should I do if my Credit Card is lost due to misuse/theft/loss?

You should contact the Yes Bank 24×7 customer care to intimate the bank about your Credit Card, so that it gets blocked immediately.

How can I contact YES Bank for my grievance?

You contact YES Bank through their customer care number. The YES Bank helpline numbers are 1800-103-6000 (toll-free) and 022-49350000. You can also mail at yesfirstcc@yesbank.in regarding your concerns.

What are the different concierge services offered in YES Assist?

YES Assist offers services like concierge assistance and automobile assistance. They help you with rental car reservation, hotel and travel reservation, delivery of flowers and gifts, emergency towing assistance, roadside repair assistance, etc.

Where can I view the lifestyle offers of YES First Preferred Credit Card?

You can view the various lifestyle offers and discounts on YES Privileges Offers page.
To know more about YES First Preferred Credit Card, you can visit this page

about CRED

CRED is a members-only platform that rewards the creditworthy individuals of India with exclusive experiences, rewards and upgrades.

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