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YES First Business

Annual Fee

₹2,499

Rewards/₹100

₹0.50 - ₹1.50

Normalized to balance base rate with bonus categories

Interest Rate

41.88%

Credit Score

720+

At a Glance

Key Benefits

6X rewards on business spends, expense management, 4 lounges

Lounge Access

4 domestic lounges/year

Eligibility

Self-employed/Business: Rs.6L+ annual income, Age: 21-60

Quick Details

Annual Fee
₹2,499 #225
Joining Fee
₹2,499 #226
Interest Rate
41.88% p.a. #88
Forex Markup
3.50% #75
Rewards/₹100
₹0.50 - ₹1.50 #166
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
4/year #61
Min Credit Score
720+ #154
Min Monthly Income ₹50
Network VISA
Cash Advance Fee 2.50% (min ₹500)
Late Payment Fee ₹800
Fee Waiver on Spend ₹2,00,000/yr

Reward Structure

Base

All Spends

₹0.50 /₹100
Partner

Business Spends

₹1.50 /₹100

Reward Calculator

Allocate by Category 100%
Business Spends
3.0 pts
60% ₹0
Other Spends
1.0 pts
40% ₹0
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:

Airport Lounge Access

Domestic Free
4

visits per year

4 domestic lounge visits per year

Insurance Coverage

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days.

Fraud

₹0

Zero liability for unauthorized transactions.

Quick Analysis

The Yes Bank YES First Business is a solid credit card option. With an annual fee of ₹2499, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.

Pros

  • Annual fee waiver on spending ₹200000
  • Extended interest-free period of 50 days
  • Contactless payment enabled for quick transactions
  • Easy EMI conversion facility available
  • Add-on cards available for family members

Cons

  • Limited lounge access (4 visits per year)
  • High forex markup of 3.50% on international transactions
  • High interest rate of 41.88% on revolving credit

Frequently Asked Questions

What are the rewards on YES First Business Card?
2X reward points on all spends and 3X on dining purchases, valued at Rs 0.25 per point.
How can I waive the annual fee?
Annual fee of Rs 999 is waived on spending Rs 75,000 or more in the previous year.
Is there any lounge access?
No, YES First Business does not include lounge access. Consider YES PREMIA for lounge benefits.
What is the minimum income requirement?
Minimum monthly income of Rs 30,000 for salaried individuals is required.
Can I convert purchases to EMI?
Yes, you can convert purchases above Rs 2,500 to easy EMI with flexible tenure options.

User Reviews

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