YES First Business Credit Card

About YES BANK

YES FIRST BUSINESS Credit Card Features

• For every Rs.100 that is spent on retail spends, the customer can earn 6 reward points.
• There are 50% bonus rewards on online spends and dining as per VISA/MasterCard definition of dining and online as a merchant category.
• For every YES PayNOW registration, the customer gets 1000 reward points.
• There is an Interest Rate of 1.99% per month only on revolving credit, cash advances and overdue amount for card holders who have a YES BANK salary or savings account.
• There is an Interest Rate of 2.75% per month only on revolving credit, cash advances and overdue amount for card holders who do not have a YES BANK salary or savings account.
• Preferential Foreign Currency Markup of 1.75% only is given.
• There is a fuel surcharge waiver that is provided at all fuel stations across the country for transactions between Rs.400 and Rs.5000.
• Insurance coverage of Rs.1 crore is provided for air accidental cover in case of death due to a flight accident
• Insurance coverage of Rs.25 lakhs is provided as cover on medical emergencies while travelling overseas.
• Insurance coverage of Rs.5 lakhs is provided as a credit shield cover on accidental death of the primary cardholder.
• This credit card has contactless technology which enables fast, convenient and secure payments at all retail shops.
• MasterCard SecureCode can be created to secure online transactions

YES FIRST BUSINESS Credit Card Benefits

• 20,000 reward points can be earned on one’s first transaction that is done within 30 days of the card’s set up date.
• 15,000 reward points can be earned on each renewal.

YES FIRST BUSINESS Credit Card Annual Fee

The YES FIRST BUSINESS Credit Card has a first-year membership fee of Rs.5,000 plus applicable taxes. The renewal membership fee is Rs.5,000 plus applicable taxes.

Eligibility for YES FIRST BUSINESS Credit Card

In order to be eligible for a YES FIRST BUSINESS Credit Card, the customer must meet certain eligibility criteria for the same. The eligibility criteria are as follows:

• One must be a minimum of 21 years of age and a maximum of 65 years of age.
• Must either be self-employed, Proprietors and Partners of Partnership firms.
• Should have minimum Income Tax Returns of Rs.10 lakhs.

Documents required for YES FIRST BUSINESS Credit Card

The documentation is very simple. One will be needed to submit the following:

• 2 passport size photos and a signature-bearing national identity card
• Proof of address which can be submitted in the form of a Ration card, an electricity bill, passport, etc.
• PAN card, Form 16 and Income Tax Returns
• Proof of salary, employment / proof of business details

Redemption of Reward Points

One can redeem the YES FIRST BUSINESS Credit Card’s reward points on the dedicated website for reward points redemption on flights, hotels or office supplies category.

Rs.0.25 = 1 reward point

There is a handpicked catalogue of products to choose from for the customer.

1 JPMile = 4 reward points (for Air-miles)

YES FIRST BUSINESS Credit Card FAQs