By Bharti Bisht
Updated On October 22, 2021

As suggested by its name, the YES Premia Credit Card is a premium card that aims to provide its customers with exclusive benefits & offers across various categories. It comes with a joining fee of Rs. 1,599, which can be waived off if you reach the total eligible spends within the first 90 days after the card set-up date. Talking about its reward offers, you get 6 Reward Points on every Rs. 200 you spend and 3 Reward Points on every Rs. 200 spent on tax payments, utilities, government services, etc. Moreover, you get a 25% discount on movies on BookMyShow with this card. The card also provides travel benefits, including complimentary Priority Pass Membership, and 1 complimentary domestic lounge access every quarter. The card also allows you to save on your foreign currency transactions as it comes with a really low foreign currency markup fee of 2.5%. There are lots of more advantages of the YES Premia Credit Card. To know all of them in detail, refer to the full information given below:

Best Suited For

Travel |

Joining Fee

Rs. 1,599 (plus applicable taxes)

Reward Type

Reward Points |

Product Details

  • Get 6 Reward Points on every spend of Rs. 200.
  • Get 3 Reward Points on every spend of Rs. 200 on tax payments, utilities, government services, transportation, etc.
  • Get 750 Reward Points on every successful registration on YES PayNow.
  • Avail of a discount of 25% on movies through BookMyShow.
  • Complimentary Priority Pass Membership.
  • 2 Complimentary international lounge access.
  • 1 complimentary domestic lounge access each quarter.
  • 1 complimentary golf lesson each month.
  • Get your joining & renewal fee waived off on the basis of your spends.
  • Low foreign currency markup fee of 2.5%.

Rewards and Benefits

Welcome Benefits

NA

Movie & Dining

A discount of 25% on movies through Bookmyshow.

Rewards Rate

6 Reward Points on every Rs. 200 spent. 3 Reward Points on every Rs. 200 spent on tax payments, government services, postal services, bus lines, etc.

Reward Redemption

The Reward points you earn can be redeemed through the dedicated website Yes Rewardz at a rate of 1 Reward Point = Re. 0.25 for redemption against hotel/flight bookings, and 1 Reward Point = Re. 0.10 for redemption against gift vouchers, product catalogue, etc.

Travel

Get complimentary Priority Pass Membership with complimentary lounge access.

Golf

4 Green Fee waiver and 1 complimentary golf lesson each month at selected golf courses in India

Domestic Lounge Access

1 complimentary lounge access per quarter.

International Lounge Access

2 complimentary international lounge access through the Priority Pass.

Insurance Benefits

A credit shield cover worth Rs. 2.5 lakhs in case of primary cardholder’s accidental death.

Zero Liability Protection

You will not be liable for any fraudulent transactions made on your card if you report the loss to the bank within 3 working days.

Fees & Charges

Joining Fee

Rs. 1,599 (plus applicable taxes)

Renewal Fee

Rs. 1,599 (plus applicable taxes)

Spend based Waiver

Joining fee waived off on spending over Rs. 25,000 within the first 90 days after receiving the cards and the renewal fee is waived off on spending Rs. 1.5 lakhs or more in the previous year.

Rewards Redemption Fee

Rs. 100

Rewards Redemption Fee

Rs. 100

Foreign Currency Markup

2.5% on all foreign currency transactions.

Interest Rates

3.5% per month

Fuel Surcharge

1% fuel surcharge waiver for all transactions between Rs. 400 & Rs. 5,000.

Cash Advance Charge

2.5% or the transacted amount or Rs. 300 (whichever is higher).

Add-on Card Fee

Nil

YES Premia Credit Card Rewards:

  • You earn 6 Reward Points for every retail spend of Rs. 200.
  • You get 3 Reward Points for every Rs. 200 spent on tax payments, utilities, transportation, government services, postal services, etc.
  • Get 750 Reward Points for every successful registration on YES PayNow.

Rewards Redemption

  • The Reward Points you earn can be redeemed through the dedicated website, Yes Rewardz, for movie/flight/hotel bookings.
  • 1 Reward Point = Re. 0.25 for redemption against hotel/flight bookings.
  • 1 Reward Point = Rs. 0.25.
  • 10 Reward Points = 1 InterMile for redemption against InterMiles.
  • 10 Reward Points = 1 Club Vistara Point for redemption against Club Vistara Points.

Travel Benefits

  • You get complimentary Priority Pass Membership with 2 complimentary airport lounge access outside India.
  • For lounge visits within India using Priority Pass, you will be charged a fee of US $27 + GST per person per visit. The same applies to the international lounge visits exceeding 2 complimentary lounge visits.
  • You get 1 complimentary lounge access per calendar quarter (for primary cardholders only).

Movie Benefits

  • Get a discount of 25% on movies on booking through BookMyShow using your YES Premia Credit Card.
  • You can avail of a maximum benefit of Rs. 250 in a calendar month with this offer.

Golf Benefits

  • You get 4 green fee waivers at selected golf courses in India.
  • You get 1 complimentary golf lesson every calendar month at selected golf courses in India.

Insurance Benefits

You get a credit shield cover worth Rs. 2.5 lakhs in case of accidental death of the primary cardholder.

Joining and Renewal Fee Waiver

  • The joining fee is waived off if you spend Rs. 25,000 or more within the first 90 days after the card set-up date.
  • The renewal fee is waived off if you spend Rs. 1.5 lakhs or more in the previous anniversary year.

Fuel Surcharge Waiver

  • The 1% fuel surcharge is waived off across all fuel stations in India for all transactions between Rs. 400 and Rs. 5,000.
  • You can get a maximum benefit of Rs. 250 every month through the fuel surcharge waiver.

Low Foreign Currency Markup Fee

The YES Premia Credit Card comes with a very low foreign currency markup fee of 2.5%, allowing you to save on your foreign currency spends.

Eligibility Criteria

  • To be eligible for the YES Premia Credit Card, the age of the applicant should be between 21 years and 60 years.
  • Applicant should be self-employed or salaried.
  • The applicant should have a minimum salary of Rs. 1.5 lakhs per month or an Income Tax Return of 14.4 lakhs or more.

How to apply?

To apply for the YES Premia Credit Card, you need to either visit the branch nearest to you or you can apply through net banking. For net banking, visit http://yesbank.in, and select the option ‘Apply for a new credit card.’ After that, choose your card, fill in all the required details, and complete all the required formalities.

Conclusion

Issued by the YES Bank, the YES Premia Credit Card can be considered an ideal credit card as it has all the key features that one might be looking for in a credit card. Along with providing exclusive reward offers, it comes with exciting travel benefits, discount offers on movies, golf benefits, fuel surcharge waiver, joining/renewal fee waiver, and many more features. One of the best parts of the card is its low foreign currency markup fee, which is just 2.5%. So, along with enjoying all its benefits, you can save a lot on all your foreign currency transactions. Keeping all its benefits in mind, it can hereby be concluded that the YES Premia Credit Card is a significant choice for everyone looking for a card with exclusive benefits. If you are among them, you can definitely go with the YES Premia Credit Card.

FAQs:

Yes, you get 2 complimentary international lounge access using the Priority Pass. After these 2 complimentary visits, you will be charged a usage fee of US $27 + GST every time you access a lounge using the Priority Pass.

To apply for YES Premia Credit Card, follow these simple steps:

  • Visit http://yesbank.in.
  • Select the option ‘Apply for a new credit card.’
  • Choose YES Premia Credit Card.
  • Click on the ‘Apply Now’ option.
  • You will be redirected to fill a form.
  • Fill in all the required details, and complete all the formalities as instructed by the website.

The foreign currency markup fee on the YES Premia Credit Card is 2.5% on all foreign currency spends.

You can get your joining fee waived off by spending Rs. 25,000 or more within the first 90 days after receiving your YES Premia Credit Card.

The reward redemption fee on the YES Premia credit card is Rs. 100 on every redemption request.

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