Core Rewards :
  • 8% RP 16 Reward points per Rs. 200 on Travel & Dining Category
  • 4% RP 8 Reward points per Rs. 200 on all online and offline transactions
  • Accelerated points on travel and dining are capped at 3,000 per month.
Milestone Rewards :
  • Monthly : Not Available
  • Quaterly : Not Available
  • Annual : Not Available
No rewards on spends : Wallet, Fuel
Rewards Redemption
How to Redeem :
  • redeeming rewards points for Vouchers and Airmiles
Redemption options : Vouchers and Airmile
Redemption fee : 100
Transfer partners :
  • Intermiles
  • Air Vistara (CV Points)
Complementary Benefits
Lounge access :
  • Domestic Lounge : 2 per quarter
  • International Lounge : 4 per year
  • Railway Lounge : Not Available
Insurance Benefits :
  • Lost card liability : Upto Credit limit
  • Personal accidental insurance : 25L for emergency hospitalisation abroad
  • Air accidental insurance : 1 Cr.
Other Benefits :
  • Lounge Membership : PriorityPass - International Lounge Access
  • Memberships Available With Cards : N/A
  • Spa Benefits : Not Available
Golf Benefits :
  • Lessons : 1 per month
  • Games : 4 per year
Joining fees : 999
Annual fees : 999
Welcome Benefits : N/A
Quaterly Benefits : N/A
Annual Benefits : N/A
Forex markup charges : 1.75%
Fee reversal criteria : Joining Fees- Spend Rs. 55,000 in first 90 days; Annual Fees- spend 4L in a year
Minimum age : 21
Minimum ITR : 24L
Minimum Salary : 2L

Yes First Preferred Credit Card Welcome Benefits

  • Welcome benefit: Receive e-vouchers worth Rs. 5,000 from select brands. Enjoy shopping, travel, fashion, and more with these versatile vouchers. Elevate your lifestyle from the moment you get your SBI Elite Credit Card.
  • Explore premium choices in travel, clothing, footwear, and shopping.
  • Your gateway to luxury and rewards begins with this exclusive welcome offer.

Yes First Preferred Credit Card Reward Points/Cashback

The Yes First Preferred Credit Card offers:

  • Core Rewards: Earn 16 Reward Points per Rs. 200 on Travel & Dining and 8 Reward Points on other transactions.
  • Milestone Rewards: Not available.
  • Movie & Dining: Enjoy a 25% discount on movie bookings through BookMyShow.
  • Rewards Rate: Earn 4 reward points per Rs. 200 on select categories and 8 reward points on other retail purchases.
  • Reward Redemption: 1 Reward Point equals Re. 0.25 for hotel/flight bookings and Re. 0.10 for gift vouchers and products.
  • Travel: Receive 4 complimentary international lounge access visits and 2 domestic lounge visits.
  • Golf: Enjoy 4 complimentary green fee rounds annually.
  • Lounge Access: Get 2 domestic lounge visits per quarter and 4 international lounge access visits every year.
  • Insurance Benefits: Life insurance of up to Rs. 1 crore for flight accident-related death and medical insurance of Rs. 25 lakhs for emergency hospitalization.
  • Zero Liability Protection: Protection against lost or stolen cards when reported within 3 days.

Yes First Preferred Credit Card Reward Point Redemption

You can easily redeem your reward points with the Yes First Preferred Credit Card:

  • Redemption Options: You can use your reward points for gift vouchers and statement cash.
  • Redemption Fee: There is no fee for redeeming your points.
  • Transfer Partners: The card does not offer any transfer partners.
  • Value: Each reward point is worth Re. 0.25 when redeemed for gift vouchers, products, or cashback.

Pros of Yes First Preferred Credit Card

  • Attractive welcome benefits worth Rs. 5,000.
  • Access to domestic and international airport lounges.
  • Complimentary golf rounds and insurance coverage.
  • High rewards rate on select categories.
  • Zero liability protection against lost or stolen cards.

Cons of Yes First Preferred Credit Card

  • High annual fee and renewal fee.
  • Limited redemption options for reward points.
  • Limited welcome benefits compared to other premium cards.

Yes First Preferred Credit Card Benefits

  • Welcome e-vouchers worth Rs. 5,000.
  • Reward points on travel, dining, and other retail purchases.
  • Discount on movie bookings through BookMyShow.
  • Complimentary international and domestic lounge access.
  • Insurance coverage for flight accident and hospitalization.
  • Zero liability protection against lost or stolen cards.
  • Complimentary golf rounds.

Yes First Preferred Credit Card Charges and Fee

Here are the charges and fees associated with the Yes First Preferred Credit Card:

  • Joining Fee: Rs. 2,999 (One-time)
  • Annual Fee (First Year): Rs. 2,999 (Waived on spending Rs. 3 lakhs in the first year)
  • Annual Fee (Subsequent Years): Rs. 2,999
  • Interest Rate: 3.35% per month
  • Cash Advance Fee: 2.5% of the amount withdrawn or Rs. 500, whichever is higher
  • Late Payment Fee: Up to Rs. 950
  • Overlimit Fee: 2.5% of the overlimit amount (Min. Rs. 500)
  • Foreign Currency Transaction Fee: 1.99%