YES First Preferred Credit Card
Yes Bank · Closed to new applicants
A closed YES First card: 8 YES Rewardz per ₹200 on most spends and 4 on Select categories, 2 domestic lounge visits a quarter after ₹75,000 of spend, golf and a 2% forex markup. ₹999 a year.
- Annual fee
- ₹999 + GST a year
- Joining fee
- ₹999 + GST
- Fee waiver
- Annual fee waived on ₹2,50,000 spend per card year
- Base rate
- 8 YES Rewardz per ₹200 on all other categories: 8 YES Rewardz per ₹200 (about 0.4% at cash value)
- Lounges
- Domestic: 2 visits a calendar quarter after ₹75,000 spend
- Forex markup
- 2%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No YES Rewardz on rent, wallet, fuel, government, cash and EMI
- No YES Rewardz on insurance and education
- No YES Rewardz on railways and ferry
- No YES Rewardz on tolls and jewellery
Terms the calculator does not value
- The rupee values used for redemption come from YES Bank's redemption rules (₹0.25 on flights and hotels, ₹0.10 statement credit and vouchers). Merchandise and catalogue items are valued at ₹0.10 there and carry monthly caps; points expire after 3 years and each redemption request costs ₹100 + GST.
- Paid feature, Rewards Subscription Plan, shown on the page; not an always-on rate.
Sources
- YES BANK Credit Card MITC, version CMITC_V18_05102026 (5 Oct 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- YES BANK Key Fact Statement - Credit Cards, V_20_28092026 (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- YES BANK, YES First Preferred Credit Card page (Product page, the bank's own, read 6 Nov 2026)
- YES BANK, Credit Card Redemption Rules (YES Rewardz) (Reward terms, the bank's own, read 6 Nov 2026)
- YES BANK, Domestic Lounge Program Terms and Conditions (Reward terms, the bank's own, read 6 Nov 2026)
- YES BANK, Rewards Subscription Plan (Product page, the bank's own, read 6 Nov 2026)