If you need a new credit card for great rewards and reasonable rates, a Yes Bank Credit Card might just do it for you. It has a pretty comprehensive rewards program so you can get cash back on the money spend. This will help you maximize what you get out of the card.

There are many reasons you may need card, and there are many cards that could help you out. Since there are no shortage of options, you should do your research before you allow any company to utilize your dollars. You need to weigh out what is important to you.

The credit card interest rate may be the most important thing to you, especially if you may need to delay your payments. Annual fees can also be important if you are trying to save your money. Or perhaps you simply want to maximize the benefits your credit card can give you? Our editors have gotten into the  Yes Bank Preferred Credit Card and you can utilize the information compiled here to give this card a yes or no for your wallet.

Want a credit card that is reliable, has a buck deals and access a variety of rewards? Yes Bank Preferred Credit Card is your best option. Here's how to apply:

What are the Benefits of a Yes Bank Preferred Credit Card?

One of the most attractive offerings by Yes Bank is their Yes Bank Preferred Credit Card (available in Mastercard). And yes, our editors have discovered that customers who use this to get some preferential treatment over those with standard cards.

For one, it gives you unparalleled rewards. As part of their welcome offer, you can get 15,000 reward points on your first transaction done within 90 days of account activation. Even better, you can earn 20,000 bonus reward points when you spent at least INR 7.5 Lakhs or more in each anniversary year!

If you want to get the most out of every swipe, worry not. Through the Preferred Credit Card, you can get 8 reward points for every INR 100 spent on retail. You can also get 1,000 reward points on each YES PayNow registration.

You can redeem your hard-earned points through a variety of ways. From flights, travels, hotel accommodations, movies, and many more, you will have access to everything you want! Remember that 1 reward point is equivalent to INR 0.25.

Lastly, if you’re up to trying anything under the sun, you’ll be glad to know that you will have access to select golf courses in India. Through this Preferred Credit Card, you can enjoy 1 complimentary golf lesson every calendar month at select golf courses. Now, how’s that for recreation?

What are the Fees for a Yes Bank Preferred Credit Card

In trying to match your needs and lifestyle with a new credit card, you should always go over the fees associated with any credit card with a fine-tooth comb. The fees will affect your monthly and annual spending so make sure none of it comes  as a surprise.

There is an annual membership fee of Rs. 2,500 + applicable taxes. Other charges you need to bear in mind include the monthly interest rate ranging from 1.99% to 2.75% and a preferential foreign currency markup of 1.75%.

There may also be late payment fees ranging from Rs. 100 to Rs. 700 and a cash advance fee of 2.5% of the amount withdrawn or Rs. 300 (whichever is higher). Overall, a Yes Bank Preferred Credit Card is a great choice when it comes to reliable banking. Aside from getting bank for your buck deals, you also gain access to a variety of rewards.

Yes Bank Credit Card

How to Apply for a Yes Bank Preferred Credit Card

Availing a Yes Bank Preferred Credit Card is easy. Simply fill out the online application form found on their website.

To be eligible, you need to be at least between 21 to 60 years old. You must also have a minimum net salary of INR 200,000 per month or an income tax return of INR 24.00 Lakhs and above.

Some of the documents you need to prepare for this application include a proof of income, proof of billing address, your PAN card, and passport-sized photos.

If approved, you will be given a credit limit based on your creditworthiness. This can start from INR 1,000.

How to Contact 

Head office

YES BANK Tower, IFC – 2, 15th Floor, Senapati Bapat Marg,

Elphinstone (W), Mumbai 400 013, India.

Telephone: 00 91 22 3099 3600

Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.