YES First Preferred Credit Card

YES First Preferred Credit Card Rewards:

You get 8 reward points for every spend of Rs. 200 on most of the categories.
You get 4 Reward Points on utilities, groceries, tax payments, insurance sales, and some other categories, etc.

Rewards Redemption

• To redeem your reward points for movies, flights, hotel bookings, you can visit the dedicated website.
• 1 Reward Point = Re. 0.25 for redemption against hotel/flight bookings.
• 1 Reward Point = Re. 0.10 for redemption against gift vouchers, product catalogue, etc.
• 10 Reward Points = 1 Intermile / 1 Club Vistara Point.
• The YES Bank charges a reward redemption fee of Rs. 100 on every redemption request.

Milestone Benefits

A bonus of 20,000 Reward Points on spending Rs. 7.5 lakhs in an anniversary year.

Travel Benefits

• You get 4 exclusive complimentary international lounge access per year through Priority Pass Membership. If you use Priority Pass for lounge visits in India, $27 + GST will be charged per person per visit.
• 2 domestic lounge access per calendar quarter through MasterCard lounge program. The offer is valid for primary cardholders only.

Golf Benefits

• It also provides 4 complimentary green fee rounds every year.
• You get 1 complimentary golf lesson every month at selected golf courses in India.

Insurance Benefits

• In case of death due to an air accident, a life insurance cover is provided worth Rs. 1 Crore.
• Emergency hospitalization of up to Rs. 25 Lakhs is provided for treatment when traveling overseas.
• If the primary cardmember dies accidentally, a credit shield cover is provided.

Other Benefits

The YES First Preferred credit card comes with miscellaneous benefits, including exclusive reward point offers, travel benefits, movie benefits, etc. Some other important benefits of the card include a 1% fuel surcharge waiver, a 25% discount on movies on booking through the book my show, etc. Moreover, you get 1000 Reward Points on every successfully done YES PayNow registration.

Joining and Renewal Fee Waiver

The renewal fee of Rs. 999 is waived off if you spend Rs. 4 lakhs or more in the previous year.

Low Foreign Markup Fee

This card comes with a minimal foreign conversion fee of 1.75% on all foreign transactions. Markup fee is an important source of income for card issuers. Usually, banks charge a markup fee of 3.5% on conversion.

Eligibility Criteria

	Salaried Employees	Self-Employed Individuals
Age	21 Years – 60 Years	21 Years – 60 Years
Income	Minimum Rs. 2,00,000 per month	Minimum Rs. 24,00,000 per annum (as per ITR)

Conclusion

Keeping all its diverse benefits in mind, you can now decide whether it suits you or not. Other than exciting reward point offers, its insurance benefits, travel benefits, and low foreign markup fee give you an even more strong reason to choose the YES First Preferred credit card. Moreover, the card will also help you save every time you spend, hence obviously in maintaining your credit score. So, understand your requirements and if the card meets them, you need not think twice before choosing it.