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YES First Preferred Credit Card
Yes Bank • MasterCard

YES First Preferred Credit Card

Mainstream YES Bank rewards card with balanced usage categories.

Reviewed by CardWise Editorial Team
Last Verified: 2/12/2026
Editorial Independence: Our recommendations are driven by mathematical value, not issuer payouts. We may earn a commission if you apply through our links, but this does not affect our scoring or the cards we feature.
Annual Fee₹999Waived on INR 1.5L annual spends
Base Reward0.5%On all spends
Lounge AccessNoNo lounge access listed
Est. Annual Savings₹694Based on ₹4.8L annual spend

No Complimentary Lounge Access

This card currently does not show complimentary airport lounge access in our issuer-aligned dataset.

Fee waiver & value estimator

Adjust your spend to see fee waiver eligibility and capped rewards.

Annual fee
₹30,000 / mo
₹3,60,000 / year
Estimated rewards₹1,800

Assumes base reward rate only.

Annual feeWaived

Waived on INR 1.5L annual spends

Net value₹1,800

Estimated savings per year.

Fee waiver target: ₹1,50,000 annual spend.

Reward Rate Breakdown

Category-wise reward rates for this card

Online
1.5%
Travel
1.0%
Basedefault
0.5%

Key Takeaways

Verified card-level notes, best use-cases, and watchouts.

Pros & Insights

  • YES First Preferred Credit Card is best positioned as a travel + online specialist rather than a universal all-spend card.
  • Its current reward model is anchored around 1.5% on online-aligned lanes, while broad base return remains closer to 0.5%.
  • No mapped complimentary lounge footprint currently contributes to card value, so spend economics are the primary decision factor.

Best Utilization

  • Route this card to travel and online spends first, then shift spillover transactions to stronger category alternatives.
  • Track statement outcomes monthly to confirm that expected reward credits are posting in the intended merchant/category buckets.
  • Maintain break-even discipline against the annual fee of INR 999 and reduce allocation if annual net value weakens.

Watchouts

  • points-value realization depends on redemption choice and transfer use
  • No complimentary lounge access is currently mapped for this card.
  • Category caps, partner restrictions, and MCC-level exclusions can materially reduce realized value versus headline promotion copy.

Truth Data Snapshot

Issuer-linked details for offers, redemption, lounges, and reliability status.

Expand

Offer Truth

  • Joining fee₹999
  • Annual fee₹999
  • Waiver threshold₹1,50,000
  • Cap typenone
  • Cap resetnone
  • Last verified2026-02-12

Redemption Truth

  • Cash value/pointNot listed
  • Travel value/pointNot listed
  • Transfer partners0
  • Min redemptionNot listed
  • Expiry policyNot listed
  • Last verified2026-02-12

Lounge Truth

  • NetworkMasterCard
  • Domestic count0
  • International count0
  • Quarterly limitNot listed
  • Airport-terminal rows0
  • Policy check2026-02-10

Reliability + Outcomes

  • Verification statusverified
  • Freshness days1
  • Source conflicts0
  • Applied reports6
  • Approval reports3

Upgrade Path

These are objective same-bank step-up options from the current rewards and lounge model.

Step 1

YES Private Credit Card

Annual fee: Free

Shared focus: TravelHigher product tier within same bank+42 more lounge visits in current dataset
View Details
Step 2

Yes Bank Pop-Club Credit Card

Annual fee: ₹399

Shared focus: RewardsHigher top earn rate (10.0%)Estimated +₹1,737/yr value
View Details
Step 3

Kiwi Yes Bank RuPay Credit Card

Annual fee: Free

Shared focus: Rewards, OnlineHigher top earn rate (2.0%)Estimated +₹4,137/yr value
View Details

Lounge Eligibility Checklist

Policy fallback: Policy-only fallback: no stable card-level airport-row PDF source is currently configured for YES Bank variants.

Lounge Spend Tracker

Eligibility target met: No

Track lounge eligibility for YES First Preferred Credit Card using your current period spend.

₹0 spentAdd threshold to start tracking

No spend threshold was detected from current lounge policy text. You can still track manually.

Spend threshold

Verify current YES First Preferred spend-linked lounge criteria before travel.

Quarter / cycle rule

Quarter/cycle caps can apply by card network and issuer program update.

Guest access

Guest access is usually program-dependent and may be charged unless explicitly included.

Priority Pass

If international access is offered, verify entitlement channel and caps in latest issuer terms.

Lounge Locations

No airport-wise rows currently available

Airport-level lounge rows are not currently available for this card. We still show policy checklist details above.

Redemption Optimizer Unavailable

Redemption optimization is unavailable for this card right now; this card is better evaluated via direct cashback and feature value.

Decision Data Enrichment

Reused from validated provider snapshots with freshness gates and quality filters.

Enriched decision data not available

This card does not have publishable enrichment records in the current high-confidence snapshot.

Key Benefits

  • Balanced reward profile for daily spending
  • Moderate annual fee with waiver route
  • Suitable mid-tier YES ecosystem entry

Things to Consider

  • Not a high-yield premium travel card
  • Best returns come from selected categories
  • Benefit terms can change with issuer updates

About YES First Preferred Credit Card

YES First Preferred Credit Card is a points card from Yes Bank, best for users wanting a mid-tier yes card with rewards and travel balance. It is tagged under rewards, travel, online categories in our database.

RewardsTravelOnline

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Frequently asked questions

Is YES First Preferred Credit Card lifetime free?

It has an annual fee of ₹999. Waived on INR 1.5L annual spends

What rewards does YES First Preferred Credit Card offer?

Mainstream YES Bank rewards card with balanced usage categories.

Does YES First Preferred Credit Card include lounge access?

No complimentary lounge access is currently listed for this card.

Who should consider YES First Preferred Credit Card?

Users wanting a mid-tier YES card with rewards and travel balance

Where can I apply for YES First Preferred Credit Card?

Check the issuer website for application availability.

Sources & Verification

  • Official Issuer Page:Direct Link
  • Last Verified: 2026-02-12
  • Data Method: Automated scraper + Manual audit

Key Terms

APR (Annual Percentage Rate)

The interest rate charged on unpaid dues if you don't pay your full bill by the due date.

Forex Markup

An additional fee charged for transactions made in foreign currency.

Lounge Access

Complimentary entry to airport lounges, often subject to spend milestones.

Milestone Benefits

Bonus rewards unlocked when you cross specific spending thresholds within a period.