YES First Preferred credit card is one of the most ideal credit cards in India for those who are looking for lifestyle and leisure benefits. This great card offers you plenty of opportunities and promotions that you can enjoy in your spare time. Some of the outstanding features of the card include no annual fee and various insurances. If you like to spend time with various outdoor activities, by going shopping, and engaging in golf courses then without a doubt, this card may be the best choice for you. It will be worth to note that it is also one of the challenging credit cards in terms of approval.
Advantages of YES First Preferred Card
No Annual Fee
YES First Preferred credit cardholders do not have to pay an annual fee to use the card or benefit from the advantages of the card.
25% Discount on Movie Tickets
You can enjoy 25% on movie tickets you are going to buy through BookMyShow.
Reward Points per 100 Rupees
Cardholders can earn 8 reward points for each 100 Rupees transaction. There are no limitations in the shopping category to earn these reward points.
Bonus Renewal Points
If you spend more than 7,500,000 Rupees in a year, you are going to receive 20,000 reward points upon the renewal of your card.
You can access domestic lounges 12 times a year (3 per quarter) and international lounges 4 times a year (1 per month)
Disadvantages of YES First Preferred Card
It is quite challenging to be approved for Yes First Preferred credit card. However, once you will be approved, you will enjoy plenty of advantages.
No Joining Rewards
Unlike most of the credit cards, this card does not offer any welcome gifts to its holders.
Limited Add-on Cards
You can issue add-on cards however the number of these cards is limited to 3.
YES First Preferred Credit Card FAQs
Yes First Preferred credit card offers plenty of promotions to holders during the year. For instance, you can receive one free Golf course every month, benefit from fee waiver in many golf courses, enjoy free automobile assistance and concierge services.
You need to have at least 2,400,000 Rupees income tax returns, or 300,000 Rupees deposit, or 200,000 Rupees net salary to apply for the card. If you cannot meet any of these conditions, then it is highly possible that your application will be rejected.