YES First Preferred Credit Card: Features & Apply

Summary

In short, the YES First Preferred Credit Card is a terrific choice for anyone who wants both great benefits for their lifestyle and good value for their money. First of all, the card gives you a lot of points for every purchase, notably for travel, food, and some other categories. This is fantastic for folks who spend a lot of money. There are also wonderful welcome and yearly renewal bonus points that come with the card. These points add a lot of value over time.

The card also lets you use airport lounges for free in the US and other countries, which makes your travel more comfortable. It lets those who love golf play for free and get lessons at a number of golf courses in India. The YES First Preferred Credit Card has features that make it safe, like an EMV chip, PIN security, and the ability to pay without touching the card.

The card also has a low markup of only 1.75% on foreign money, which is great for folks who travel a lot. It also covers all types of insurance, such as air accident insurance up to ₹1 crore and medical insurance abroad up to ₹25 lakhs, so you can travel without worry. You can also transform significant purchases into EMIs, which provides you with more choice and makes it easier to keep track of how much you spend.

Introduction

Many people today believe that credit cards are an excellent way to manage their finances. You can use credit cards to shop, travel, eat out, and buy products online since they are safe, easy to use, and provide you with benefits. The YES First Preferred Credit Card from YES Bank is very popular and beneficial in India for customers who want good service without paying a lot of money. 

First of all, the YES First Preferred Credit Card has a number of great perks and advantages. This card makes your daily costs worth more because it gives you welcome bonuses, cash back, free access to lounges, and no fuel surcharges. Every time you buy something, you also get a lot of reward points. You may use these points to buy all kinds of items, from gifts and vouchers to trips. 

The YES First Preferred Credit Card is especially amazing because it’s free for life for everyone who passes the requirements. You won’t have to pay any joining or annual fees if your income or expenses are below certain levels. This is great for folks who work for a salary or are self-employed and want premium card features without having to pay a lot of fees.

Customers of YES Bank get more than just the customary benefits. They also get free golf, insurance, and savings on shopping and eating out. This card is safe to use when you travel abroad because it is accepted in many countries and includes robust security features, such as an EMV chip and PIN. You can also use the YES First Preferred Credit Card to make payments without touching anything. 

What is the YES First Preferred Credit Card?

YES Bank’s YES First Preferred Credit Card is a top-of-the-line credit card. This card is for people who wish to save money and enjoy luxury at the same time. First of all, this card provides a lot of wonderful advantages, such as reward points, access to lounges, no gasoline costs, and more. This card is different from many other high-end cards in that it usually lets you get a free card for life, provided you meet certain income or usage requirements. 

It also has a high-tech EMV chip for extra protection and is accepted all over the world, so it’s great for travel both at home and abroad. The card also lets you obtain great deals on food, shopping, and fun things to do. People who wish to utilize credit in a smart, safe, and rewarding way may consider getting the YES First Preferred Credit Card.

How is the design of the YES First Preferred Credit Card?

The YES First Preferred Credit Card looks both professional and classy. The card looks high-end and stylish since it comes in a sleek dark tone, usually black or deep blue. The card also has a smooth matte finish and a shiny YES Bank logo, which makes it easy to find in your wallet. 

The card’s style is straightforward to use. The cardholder’s name and number are written on the front. It looks fantastic and features an EMV chip for extra protection. This is the norm for safe transactions right now. This means that the design not only looks excellent, but it also makes sure that everyone can use it safely and easily.

What are the benefits of the YES First Preferred Credit Card?

Here are the key perks of the YES First Preferred Credit Card, stated in a way that makes it easy to understand and flows well:

Bonuses and rewards for reaching milestones

• You get 16 reward points for every ₹200 you spend on travel, food, domestic flights, and tour operators. For most other items, you get 8 points for every ₹200 you spend.

• After that, you get 10,000 welcome points for the first transaction within 90 days and 7,500 points for each time credited. The club renews.

Access to Travel and Lounges

• First of all, you get four free trips to foreign airport lounges each year through Priority Pass.

• The Mastercard Domestic Lounge Program also gives you access to two domestic airport lounges every three months.

Benefits of Golf

• You get to play four rounds of golf a year for free at certain Indian courses, etc., club.

• You also get one free golf lesson per month. azurewebsites.net.

Lifestyle and entertainment benefits

• Movie aficionados can enjoy 25% off BookMyShow tickets.

• Also, you can get different deals on hotels, dining, shopping, and wellness, such as Agoda, Belgian Waffles, US Pizza, WoW Momos, Apollo Pharma, VLCC, and more.

Benefits of Travel and Conversion

• The markup on foreign exchange is only 1.75%, which is substantially cheaper than the 3% to 3.5% that most other cards charge.

• An EMV chip and the ability to pay without touching it are basic features.

Insurance and Safety

• The card comes with life insurance for air accidents of up to ₹1 crore. Yes Bank. in

• It also covers medical emergencies abroad up to ₹25 lakhs. 

What are the fees for the YES First Preferred Credit Card?

Here is a simple breakdown of the  YES First Preferred Credit Card fee.

Joining Fee	₹999 + GST
Annual Fee	₹999 + GST
Add-on Card Fee	No additional charges for family members’ cards.
Finance Charges	If you don’t pay your bill in full, a charge of 3.8% per month (45.6% annually) is applied to the outstanding balance.
Cash Advance Fee	2.5% of the amount withdrawn or ₹500, whichever is higher.
Late Payment Fee	For Statement Balance Less than Rs. 101 – Nil Rs. 101 – Rs. 500 – Rs. 150 Rs. 501 – Rs. 5,000 – Rs. 500 Rs. 5,001 – Rs. 20,000 – Rs. 750 Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting a YES First Preferred Credit Card?

1. Age Requirement:

• You should be between 18 and 65 years of age.

2. Income Requirement:

• Salaried Applicants: A minimum net monthly income is required; however, the bank determines the specific amount, which may vary based on the applicant’s profile.

• Self-Employed Applicants: A minimum ITR amount is required; the bank determines the specific amount and may vary depending on the applicant.

3. Employment Status:

• You should have a regular job or business with a fixed income source.

4. Credit Score:

• A CIBIL score of 700 and above is preferred for sanction.

5. Residency:

• You should be an Indian resident and have proof of a valid address.

What documents are required to get a YES First Preferred Credit Card?

The documents that you will have to submit to get the YES First Preferred Credit Card are as follows:

Identity Proof	Aadhaar card, Passport, Voter ID, Driving license, PAN card
Address Proof	Utility bills like electricity, water, etcRent agreement, Bank statement, or passbook with your address
Income Proof	Salary slip for the last 3 months, if you are a salaried employeeBank statement for the previous 3 monthsITR for self-employed persons
Photograph	The latest passport-sized photograph

Where can the YES First Preferred Credit Card be used?

Here is the list of places where you can use it:

• With the YES First Preferred Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.

• You can also use it on websites like Amazon and Flipkart, and make bookings on websites like MakeMyTrip and Yatra.

• You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.

• You can use it to book flight, train, or bus tickets and pay for taxi, Uber, Ola, or hotel bookings.

• You can use your credit card to pay electricity and water bills, mobile bills, and internet services.

• You can use your  YES First Preferred Credit Card to pay for expensive electronics or appliances through easy monthly installments (EMIs).

• The YES First Preferred Credit Card is also accepted in other countries, allowing you to make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the YES First Preferred Credit Card?

The credit amount you can spend is what you are provided with when you have a YES First Preferred Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can only spend up to that amount. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies from person to person. A credit limit could be ₹30,000 for one person and ₹1,00,000 for another, or even more, depending on their profile and financial background.

It’s essential to track your expenses and not exceed the credit limit, as exceeding this limit can result in additional penalties and a decrease in your credit score.

How do you apply for the YES First Preferred Credit Card?

Apply it through both these modes: 

Online Application Process:

• Visit the official website of the Yes Bank, i.e. 

• Go to ‘Cards’, followed by ‘Credit Cards’.

• On that page, you can see numerous options for credit cards issued by Yes Bank; for instance, you can choose the YES First Preferred Credit Card.

• Simply hover your cursor over the YES First Preferred Credit Card and select ‘Apply Now‘ from there.

• You will be asked to fill out your details, including your name, contact information, income details, and employment status.

• Be accurate and updated with the information provided.

• You are required to upload documents such as your identity proof, address proof, income proof, and a photograph, as listed above.

• After filling out the details and uploading the documents, review your application to make sure everything is correct.

• Apply online through the application form.

• The bank will check your application after you submit it. They can ask for extra documents or information if required.

• You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process:

• You can walk into the nearest Yes Bank branch to apply for the YES First Preferred Credit Card.

• Request the credit card application form for the  YES First Preferred Credit Card. They will provide you with the form and proceed accordingly.

• Fill in the details in the application form wherever it is required. Care should be taken to ensure that all the information about personal details, income, and jobs provided by the applicant is correct.

• Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and a passport photograph.

• Your application will be processed, and your information will be cross-checked at the bank level.

• In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.

• You will receive the  YES First Preferred Credit Card by post at the same postal address.

• Once you receive your card, please activate it by following the instructions provided in the envelope through the Yes Bank Card website, mobile app, or by contacting customer service.

• For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.

Would getting a YES First Preferred Credit Card in 2025 be the right choice?

Obtaining the YES First Preferred Credit Card in 2025 can be a good option if you require a credit card with excellent offers, especially for those who shop for lifestyle products. The reward is amazing and comes with the purchase of items such as jewelry. The bank also provides discounts and easy access to the EMI facility. 

Yes Bank is also a strong bank with high customer service, making it a dependable choice. But don’t forget that you should ensure you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a perfect option in 2025.

Conclusion

The YES First Preferred Credit Card is a wonderful alternative for anyone who wants a credit card that offers both elegance and value. It is for people who work, own businesses, or travel a lot and wish to enjoy a high-end lifestyle without having to pay large annual fees. First of all, the card features a great mix of discounts, incentives, and perks that improve your life. Free admission to the lounge, reward points for every purchase, or the chance to play golf are all elements that make the experience better.

The card also comes with medical and travel insurance, which is fantastic for trips, especially those that take you abroad. Another good thing for consumers who purchase or go abroad is that the markup on foreign money is only 1.75%. The card also lets you skip fuel surcharges, save money on BookMyShow, and choose from flexible EMI options, all of which make your daily life easier and cheaper.

Another important thing to know is that you may also use this card to receive a fixed deposit. This is a great option for folks with poor incomes or credit scores. If you meet certain spending or income conditions, you can also get the card for free for life. This means you can take advantage of all of its benefits without having to pay any fees to join or renew.

Frequently Asked Questions (FAQ’s)