Card Image
YES First Preferred
Annual Fee
₹2,999
Rewards/₹100 ⓘ
₹0.50 - ₹2.00
Normalized to balance base rate with bonus categories
Interest Rate
41.88%
Credit Score
720+
At a Glance
Key Benefits
8X travel rewards, 4 lounge visits, golf privileges
Lounge Access
4 domestic lounges/year
Eligibility
Salaried: Rs.50,000+/month, Age: 21-60, CIBIL: 720+
Quick Details
Annual Fee
₹2,999
#236
Joining Fee
₹2,999
#236
Interest Rate
41.88% p.a.
#88
Forex Markup
3.50%
#75
Rewards/₹100
₹0.50 - ₹2.00
#143
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 ₹900
Fee Waiver on Spend ₹2,00,000/yr
Reward Structure
Base
All Spends
₹0.50 /₹100
Cat
Travel
₹2.00 /₹100
Reward Calculator
₹
Allocate by Category 100%
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 Preferred is a premium credit card ideal for frequent travelers and high spenders. Best suited for those who can maximize the premium benefits.
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 key benefits of YES First Preferred?
3X rewards on shopping and dining, 2 complimentary lounge visits per quarter, and fuel surcharge waiver.
How many lounge visits are included?
2 complimentary domestic lounge visits per quarter via Dreamfolks.
How can I waive the annual fee?
Annual fee of Rs 1,499 is waived on spending Rs 1 lakh or more in the previous year.
What is the reward point value?
Each reward point is valued at Rs 0.30 when redeemed for merchandise or vouchers.
Is there fuel surcharge waiver?
Yes, 1% fuel surcharge waiver on transactions between Rs 400 and Rs 5,000 at all fuel stations.
User Reviews
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