YES First Preferred Credit Card - The World at Your Fingertips

Introduction

In today's busy consumer world, credit cards are a must-have tool for everyday purchases, convenient spending and earning reward points. The YES FIRST Preferred Credit Card is a top credit card available in the market as it also comes with a host of benefits across various categories from rewards, dining, travel, as well as lifestyle privileges. Whether you want to maximize your shopping experience or you simply want to enjoy the luxuries of travel, there’s a benefit here that everyone can appreciate.

What This Blog Covers

In this post, we will provide in-depth details of YES FIRST Preferred Credit Card, pit it against the other premium cards, and tell you why it’s an amazing card for you, if you are the kinds who love to Earn Rewards while also enjoying premium benefits.

Introduction to YES FIRST Preferred Credit Card

Introduction

The YES FIRST Preferred Credit Card is a private premium credit card that issued by YES Bank targeting people who have an extravagant lifestyle with added benefits. It provides unbelievable rewards, benefits and privileges across categories such as dining, travel and shopping. Whether you want to relax at an airport lounge as you wait for your flight, enjoy attractive rewards on your massive spends, avail dining discounts in select restaurants or get reimbursed for your losses due to theft, the HPCL Platinum Card is all about complementing your lifestyle.

Let’s dive into some of the highlights of this card.

Key Highlights of YES FIRST Preferred Credit Card

Joining Fee and Renewal Fee

What makes YES FIRST Preferred Credit Card even more desirable is it’s not-so-high Annual Fee when compared to a few other premium cards. The joining fee for the card is ₹999 + GST, with an additional annual fee of ₹999 + GST. The only thing to keep in mind is, the renewal fee will be reversed if the card holder spends ₹1,00,000 in the previous 12 months, so it becomes pretty easy for regular spenders to have this card for free.

Reward Points Structure

One of the key features of the YES FIRST Preferred Credit Card is its robust reward points structure. The card gives you a handsome benefit of 16 Reward Points for every ₹200 you spend on travel and dining, making it an excellent option for those who frequently spend on flights, hotels, restaurants and other travel spends. As an added bonus, card members can accumulate 8 Reward Points for every ₹200 spent on all other retail transactions.

In addition to that YES FIRST Preferred Credit Card provides you 4 Reward Points per ₹200 spent on several retail categories such as utilities, insurance, and education, which shows that it can be used widely for all kinds of purchases. This broad array of categories makes it possible for cardholders to earn a bounty of reward points on day to day purchases.

The cool thing about these points is that they are super simple to cash in. Hotel and Flight Bookings: ₹0.25 per Reward Point. 1 Reward Point is equivalent to ₹1/- on all other products such as gift vouchers and products from the catalogue.

Reward Redemption for Travel

Customers can choose how to redeem their accumulated reward point for flight and hotel reservation through many online methods. Redeem your points for flights and hotel stays in just a few clicks and make travel planning even more fun with this card. People who travel often and are money-conscious will find the opportunity of redeeming reward points for travel a big motivator.

Dining and Entertainment Perks

If you are a foodie, YES FIRST Preferred Credit Card gives you best dining benefits. Exclusive privileges for cardholders at partner restaurants in cities across India. Whether you prefer upscale dining or comfort food, this card gives you discounts and deals at some of the city's best places to eat, plus it's a great way to experience a high-quality meal and save a little cash!

Also, you can get 25% discount on movie ticket booking from BookMyShow with this card which means those who are fond of entertainment will find this card very useful. Over time the savings of both dining and movie tickets can really add up, especially if you are a social person and go out regularly.

Lounge Access

For people who travel a lot, the YES FIRST Preferred Credit Card offers free domestic and international airport lounge access. Cardmembers receive 2 complimentary domestic lounge visits each quarter (up to 8 per year) – ideal for anyone looking to chill in style before a flight. On top of access to domestic lounges, you also receive 4 complimentary international lounge visits through Priority Pass, a worldwide program that provides access to airport lounges.

This is a great perk for the frequent traveler who doesn’t want to bother with crowded airports cost can be a factor for those that fly often, but isn’t dirt cheap. Lounges present a comfortable environment in which to sit back, have drinks and do some work in peace.

Golf Privileges

Golfers will also benefit from having the YES FIRST Preferred Credit Card. Card Member earns 4 complimentary green fee access at select golf courses in India per annum. They also get 1 free golf lesson a month so for golfers this is the best card for you if you want to learn how to improve your swing.

This access to courses and lessons is an interesting feature, and one that adds some value to the card, particularly for regular players or to those wanting to get into the sport.

Insurance Coverage

One major reason why the YES FIRST Preferred Credit Card is worthwhile is its wide range of insurance benefits. Those who have the card are automatically enrolled in:

• Flight Accident Cover: Upto ₹1 crore.
  
  
• Overseas Medical Emergency Cover: Upto ₹25L.
  
  
• Credit Shield Cover: On death due to accident of the primary card holder.
  
  

This insurance offers a level of peace and comfort when you’re traveling outside the country. Cardholders and their family are protected with the Credit Shield Cover so that in times of need like disability, death or loss of a job, the outstanding card balance is covered.

Fuel Benefits

On fuel across all fuel stations in India, you can also avail a waiver of 1% on fuel surcharge with the YES FIRST Preferred Credit Card. This perk is the kind that can save you a lot of cash on your daily cost of living in fuel, so it’s good if you do a lot of driving.

How does YES FIRST Preferred Credit Card compare?

The YES FIRST Preferred Credit Card is amongst the many premium credit cards available in the market. Compared to other credit cards such as HDFC Diners Club Black Card, RBL Signature Credit Card, or American Express Platinum Card, the YES FIRST Preferred Credit Card provides a decent mix of reward points, travel and lifestyle privileges, if you’re looking at a lower annual fee.

Although some premium credit cards require a cumbersome range of transactions or have very high annual fees, the YES FIRST Preferred Credit Card offers rich rewards with a low annual fee. For instance, the HDFC Diners Club Black Card comes with premium benefits but comes with a steep annual fee. The YES FIRST Preferred Credit Card is a better way to enjoy similar perks, for far less.

Bottom Line: Is the YES FIRST Preferred Credit Card the Right Card for you?

The YES FIRST Preferred Credit Card is a great pick in case you love rewards, dining, lounge access and travel. And that's just the way they are doing so; I liken this to Free-to-Play, but I refer to it as 'Pay once to play'. It's awesome, for individuals who want a premium experience but don't want to be pinched with huge fees. No matter whether you are a frequent traveller, a cinephile, a foodie or a golf lover, the YES FIRST Preferred Credit Card comes, custom made for you with a unique combination of advantages to compliment your lifestyle.

The card’s points system is one of its best features, with cardholders earning as many for normal, everyday spending as for travel and dining. Redeemable for travel, entertainment, golf perks, and more, this is the perfect rewards mastercard for the traveler with a taste for exclusivity.

If you’re a big spender when it comes to dining, travel and entertainment and you’re on the lookout for a credit card that will reward you and provide benefits you’ll enjoy, the YES FIRST Preferred Credit Card is one to consider.