YES First Preferred Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Every quarter, you will receive 2 free access passes to domestic lounges, and throughout the year, you will have 4 free access passes to international lounges. For specific categories such as utilities, groceries, tax payments, insurance sales, etc., you will earn 4 reward points for every Rs. 200 spent. On all other retail purchases, you will earn 8 reward points for every Rs. 200 spent. If you spend on travel and dining, you will receive 16 reward points for every Rs. 200 spent. There is a foreign markup fee of 1.75%. If you spend more than Rs. 4 lakhs in the previous year, the renewal fee can be waived off.

The YES First Preferred Credit Card is a fantastic option for avid shoppers who want to earn rewards on their purchases.

With a joining fee of Rs. 999 + GST and a renewal fee of Rs. 999 + GST, this card offers great value for money.

One of the standout features of this credit card is its reward system.

You can earn 4 reward points for every Rs. 200 spent on select categories such as utilities, groceries, tax payments, and insurance sales.

For every other retail purchase, you will earn 8 reward points per Rs. 200 spent.

Additionally, travel and dining expenses will earn you an impressive 16 reward points per Rs. 200 spent.

These reward points can be redeemed for a variety of exciting rewards.

Another perk of the YES First Preferred Credit Card is the movie dining discount.

Cardholders can enjoy a 25% discount on movie bookings through BookMyShow, making it a great choice for movie enthusiasts.

For travelers, this credit card offers some impressive benefits.

You will receive 4 complimentary international lounge access per year, as well as 2 domestic lounge access per calendar quarter.

You can also enjoy 4 complimentary green fee rounds at golf courses annually if you're a golf enthusiast.

The YES First Preferred Credit Card also provides insurance benefits, including life insurance of up to Rs. 1 crore in the case of death due to flight accidents and medical insurance of Rs. 25 lakhs for emergency hospitalization.

These benefits provide added peace of mind while traveling.

To make the card even more appealing, you have the opportunity to get the renewal fee waived off if you spend more than Rs. 4 lakhs in the previous year.

This spend-based waiver makes this card an excellent choice for high spenders.

It's worth noting that there is a reward redemption fee of Rs. 100 on every redemption request.

Additionally, the card has a foreign currency markup of 1.75% on all foreign currency spends, which is a standard fee for most credit cards.

Overall, the YES First Preferred Credit Card is a top-notch option for shoppers and travelers.

With its generous reward system, movie dining discount, travel benefits, and insurance coverage, this credit card offers excellent value for its joining and renewal fees.