Benefits of YES First Business Credit Card
- Reward Points Program:
- 16 Reward Points per INR 200 spent on Travel Agencies & Tour Operators, Domestic Airlines and Dining
- 8 Reward Points per INR 200 spent on all other categories
- 1000 Reward Points on each YES PayNow registration
- Reward Points Redemption:
- Visit YesRewardz to know more about redeeming Reward Points
- Dedicated Website for Flight/Hotel/Movie ticket booking on Reward Points redemption
- An exclusive catalogue of products to choose from
- Redemption of Reward Points against Air Miles with InterMiles and/or Club Vistara (8 Reward Points = 1 InterMile / 1 Club Vistara Point)
- For NRI Card-holders, redemption only available for Flights, Hotels, and Movies only; catalogue redemption not available
- Fuel Surcharge Waiver: 1% Fuel surcharge waiver at all fuel stations across India for the transaction between INR 400 to INR 5000; total waiver in a statement cycle is capped at INR 250
- MasterCard Golf Privileges:
- Waiver of green fee at select golf courses in India
- 1 complimentary Golf Lesson every calendar month at select golf courses in India
- Lounge Program:
- Complimentary Priority Pass Membership and 6 Complimentary Visits outside India in a calendar year for Primary Card-holder only
- Complimentary Domestic Lounge access (limited to 3 visits per quarter) for Primary Card-holder across 30+ Lounges in India
- YES ASSIST - Dedicated Concierge Services: Exclusive Concierge Desk for special requests related to
- Car Rentals & Limousine / Hotels / Travel / Restaurants
- Special Events and Performances
- Movie tickets assistance in New Delhi, Bengaluru, and Chennai
- Flower & Gift Delivery
- Emergency Towing Assistance
- Roadside Repair Assistance
- Insurance Coverage:
- Life Insurance Cover of INR 1 crore for death due to air accident
- Medical Insurance cover INR 25 Lakhs for emergency hospitalization when traveling overseas
- INR 5 Lakhs Credit Shield cover in case of accidental death of Primary Card-holder
Features of YES First Business Credit Card
- Welcome Rewards: 20000 Reward Points on the first transaction done within the first 30 days of card setup date
- Renewal Rewards: 15000 Reward Points on each renewal
- Annual Bonus Rewards: 20000 Bonus Reward Points on achieving retail spends of INR 12 Lakhs or more in each anniversary year (12 months from the card setup date or card renewal date)
- Dining Rewards: 50% bonus rewards on all online dining spend
- Credit Shield: Credit Shield cover in case of accidental death of Primary Card-holder
- YES PayNow - Easy Bill Pay Facility: Pay your utility bills using your YES First Business Credit Card; 500 Reward Points on each YES PayNow registration
Eligibility Criteria of YES First Business Credit Card
Eligibility criteria for Yes Bank Prosperity Credit Cards are as follows:
- Should be Self Employed, Proprietors and Partners of Partnership firms
- Age between 21 years to 70 years
- Should have a minimum annual ITR should be INR 10 lakhs.
- Should to produce all the necessary supporting documents while applying.
- Must have a good credit score. Generally, a credit score of 700+ is considered good.
Documents Required for YES First Business Credit Card
1) Identity Proof: Aadhar Card, Passport, Voter ID, Driving License, PAN Card, Ration Card
2) Address Proof: Aadhar Card, Passport, Voter ID, Driving License, Electricity or Water Bill (Not more than 2 months old bill)
3) Income Proof: Salary Slip (Last 3 months), Bank Statement (Last 3 months), Form 16/ITR, Audited Financial for Self Employed (Last 2 Years)
Fees & Charges of YES First Business Credit Card
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Fee/Charge
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Amount/Rate
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Membership Charges
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INR 4999+Taxes
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Annual Renewal Charges
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INR 4999+Taxes
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Credit card finance charge
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3.5% per month (42% annually)
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Minimum amount due each month
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5% of balance outstanding
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Interest fee period
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50 Days
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Finance charge on cash advance
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3.5% per month (42% annually)
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Cash advance limit
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30% of the credit limit
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Cash advance fee - YES Bank, local ATMs
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2.5% (minimum INR 300)
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Cash advance fee - International ATMs
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2.5% (minimum INR 300)
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Over limit fee
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2.5% of the over limit amount or INR 500 whichever is higher
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Foreign Currency Mark-up
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1.75% on all international transactions
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YES First Business Credit Card Late payment
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Statement Balance
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Late Payment Charges
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Less than INR 100
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Nil
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INR 100 to INR 500
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INR 100
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INR 501 to INR 5000
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INR 400
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INR 5001 to INR 20000
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INR 500
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Above INR 20000
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INR 700
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Disclosure: Please Note: Bank will endeavor to issue the Card within 90 days from the date of application. In case of any further delay, the Bank will apprise you of the revised date of Card issuance.
