By Rajat Gaur
Updated On September 21, 2021

Yes Bank launched the Private Prime credit card in December 2020. The card is powered by the MasterCard World Elite platform and is targeted at the country’s affluent ultra HNIs (Hgh Net-Worth Individuals). Being a super-premium card, it comes bundled with some of the best in class privileges including a 24×7 concierge service, complimentary Lounge Key membership, unlimited domestic and international lounge access, travel-related insurance benefits including a personal accident cover worth Rs. 1 crore, and many other premium benefits. Read on to learn more about this premium offering by Yes Bank.

Invite Only

Best Suited For

Travel | Shopping |

Joining Fee

Rs. 20,000 + GST

Reward Type

Reward Points |

Product Details

  • Welcome gift of 10,000 Reward Points on the first transaction within 90 days of the card set-up date.
  • 3 Reward Points per Rs. 100 on international spends.
  • 2 Reward Points per Rs. 100 on domestic spends.
  • Lower interest rate of 1.2% p.m (for Yes Bank account holders) and 1.99% for others.
  • Lower mark-up fee of 1.75% on all foreign currency transactions.
  • Unlimited domestic lounge visits for primary and add-on cardholders (4 complimentary guest visits per year).
  • Complimentary Lounge Key membership for both primary and add-on card members.
  • Many other travel benefits including a cruise program, car rentals, vacation package, Oberoi gift vouchers, etc.
  • Air travel-related insurance benefits including an accidental death cover worth Rs. 1 crore.
  • Credit Shield cover worth Rs. 15 lakh in case of accidental death of the primary cardholder.
  • Golf benefits including 12 rounds of complimentary green fees for a year (maximum of 3 rounds per calendar quarter).
  • 12 complimentary golf lessons every year with a max cap of 3 lessons per calendar quarter.
  • Complimentary wellness and medical benefits.
  • Fuel surcharge waived off at all fuel stations across India for transactions between Rs. 500 and Rs. 4,000.

Rewards and Benefits

Welcome Benefits

10,000 Reward Points on first transaction within 90 days of card setup.

Movie & Dining

Buy One Get One offer on movie ticket bookings on BookMyShow (up to 4 free tickets per month with a max cap of Rs. 250 per ticket)

Rewards Rate

3 Reward Points per Rs. 100 on international spends, 2 Reward Points per Rs. 100 on domestic spends.

Reward Redemption

Reward Points redeemable on the YesRewardz portal for flight/hotel/movie ticket bookings and for purchases from the bank’s exclusive catalogue of products.

Travel

Complimentary domestic and international airport lounge access, travel privileges including cruise program, car rentals, vacation packages, car rentals, e-gift vouchers from Oberoi hotels and resorts, etc.

Golf

12 rounds of green fees and golf lessons every year at premium domestic golf courses, privileges at TPC snd PGA golf courses

Domestic Lounge Access

Unlimited domestic lounge access with MasterCard Lounge Program for primary and add-on cardmembers (guest visits limited to 4 per year, max 1 per quarter)

International Lounge Access

Unlimited international lounge access to primary and add-on cardmembers with Lounge Key (guest visits limited to 4 per year, max 1 per quarter)

Insurance Benefits

Air accident cover worth Rs. 1 crores, emergency overseas hospitalization cover worth Rs. 1 crore and Credit Shield cover worth Rs. 15 lakh.

Zero Liability Protection

In the event of loss of card, cardholder not liable for any fraudulent transaction post the time of reporting the loss to Yes Bank’s customer care.

Fees & Charges

Joining Fee

Rs. 20,000 + GST

Renewal Fee

Rs. 10,000 + GST

Spend based Waiver

Renewal fee waived off on spends of Rs. 20,00,000 in the preceding year

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

1.75% + GST

Interest Rates

1.2% per month (14.4% annually) for Yes Bank savings/salary account holders, 1.99% per month (or 23.88 % annually) for others

Fuel Surcharge

Waived off for transactions between Rs. 400 and Rs. 5,000

Cash Advance Charge

Nil

Add-on Card Fee

Nil

Yes Private Prime Credit Card Welcome Benefits:

You get 10,000 Reward Points as a welcome benefit on the first transaction made via the card within 90 days of the card setup date.

Spends Based Waiver:

Annual card renewal fee waived off if a minimum of Rs. 20 lakh were spent in the previous card anniversary year.

Yes Private Prime Credit Card Rewards:

  • 3 Reward Points per Rs. 100 on international spends.
  • 2 Reward Points per Rs. 100 on domestic spends.

Reward Redemption:

The Reward Points earned can be redeemed for Purchasing exclusive products and gift vouchers and for booking flight/hotels/movie tickets on the Yes Rewardz portal or by dialing the dedicated Yes Rewardz desk number, 1800 121 4444.

Travel Benefits:

  • Complimentary Lounge Key membership.
  • Unlimited international airport lounge access for primary and add-on cardholders. Guest visits are limited to 4 per year (max 1 per quarter).
  • Unlimited domestic airport lounge access under the MasterCard domestic lounge access program. Guest visits are limited to 4 per year ( max 1 per quarter).
  • Savings of up to USD 1,000 on round trip private air charter booking and USD 500 credit towards ground transportation.
  • Airport privileges including VIP meet and greet and airport invitation services.
  • USD 75 savings on all cruise bookings.
  • Car rental discounts on Sixt Rent A Car.
  • Savings of vacation packages.
  • Discount and benefits on the world’s most premium hotel chains including Grand Hyatt Melbourne, The Lagham Sidney, International Melbourne and Rialto.
  • E-gift vouchers from Oberoi hotels and resorts.

Golf Privileges:

  • 12 rounds of complimentary green fees per year (max 3 per quarter).
  • 4 complimentary green fee access to guests (max 1 complimentary guest green fee in a calendar quarter)
  • 4 complimentary golf lessons per year not more than 1 per quarter.
  • Golf privileges at international golf courses including TPC snd PGA golf courses.

Movie and Event Tickets Benefits:

  • Buy One Get One offer on BookMyShow for movie tickets with a max cap of 4 complimentary tickets per month and max ticket price capped at Rs. 250 (for tickets with price > Rs. 250, the rest amount will have to be paid with the card).
  • 50% off on event tickets on BookMyShow with a max cap of Rs. 1,000 per month.

Insurance Benefits:

  • Personal air accident cover worth Rs. 1 crore (applicable in case of loss of life due to a flight accident).
  • Emergency overseas hospitalization cover worth Rs. 1 crore.
  • Credit Shield cover worth Rs. 15 lakh in case of accidental death of the primary cardholder.

Less Finance Charge and Foreign Currency Mark-up fee:

  • Interest rate of 1.2% per month (14.4% annually) for Yes Bank savings/salary account holders, 1.99% per month (or 23.88 % annually) for others.
  • A lower foreign currency mark-up fee of 1.75%.

Fuel Surcharge:

Convenience fee on transactions (between Rs. 400 and Rs. 5,000) is waived at all refill stations across India (the maximum waived amount capped at Rs. 1,000 per month).

Eligibility:

The Yes Private Prime credit card is invitation only.

Customer Care:

In case of loss of card, you may get your card blocked:

  • by sending an SMS: BLKCC   to 9840909000 from your registered mobile number.
  • through Yes Bank Netbanking.
  • using Mobile Banking.
  • using the YesPay app.
  • using Phone Banking; call center numbers: 18001031212 (toll-free) or +91 22 49350000 (when calling from outside India).

For any other queries/assistance, you can either dial their phone banking number or alternatively, you can also submit your queries/complaint/feedback by filling a form on the bank’s official website. For some reason, if any of your grievances still remain unaddressed, you may contact the Yes Bank’s grievance redressal officer by dropping a mail at [email protected].

Conclusion:

Although, you have to pay a high membership fee of Rs. 10,000 (joining fee of Rs. 20,000), the benefits that the Yes Bank Private Prime credit card offers are simply unmatched. From complimentary lounge visits and golf privileges to a 24×7 concierge service, you get all kinds of benefits that one expects from a premium credit card. The card is in direct competition with HDFC’s Infinia and ICICI’s Emerald cards which also offer very similar benefits and privileges. What’s your take on this top-end credit card by Yes Bank? Do let us know in the comments. And if you’re an existing cardmember, don’t forget to share your experience.

FAQs:

You get unlimited complimentary domestic and international lounge access with this card for primary and add-on cardholders. Guest visits are limited to 1 per quarter.

The reward points are valid for a period of 3 years from the date of accumulation and expire thereafter.

Yes, you are not liable for any fraudulent transaction made using your card, post the time of reporting the loss of card. However, for any transaction, before you have reported the loss of card to the bank’s customer care, the liability of all the transactions made using your card lies solely with you.

Yes, you can get a maximum of three add-on credit cards at no extra fee.

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