YES PREMIA Credit Card Review

If you are looking for a low-cost credit card that can add a touch of luxury to your lifestyle, then you should take a look at the yes premia credit card. Targeting the huge Indian customer base, this card offers free access to airport lounges, complimentary golf rounds, exclusive discounts on movie tickets, and lots more. This premia credit card comes in two variants, MasterCard and Visa, and it comes with a very reasonable annual fee of Rs.1599 per year. More about the yes bank premia credit card benefits are discussed below.

How does the yes bank premia credit card eligibility Work?

• Resident Type: Indian. 
• Yes bank credit card eligibility criteria for salaried person:
  • Age: 21 to 60 yrs. 
  • Income: Rs.80,000 monthly or Income tax return should be above Rs.8 lakh. 

• yes bank credit card eligibility criteria for self-employed person:

• Age: 21 to 60 yrs. 
• Income: Rs.45,000 monthly or Income tax return should be above Rs.8 lakh.

• A good CIBIL Score (Above 780) is mandatory to apply for this yes bank premia credit card.

As you submit your yes bank credit card application, you will get a unique application id, you can use that to track your yes bank credit card application status.

What documents are required to apply for the yes premia credit card?

• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Photocopy of Address proof (any 1) 
  • Last 6 months’ bank account Statement
  • Aadhar Card 
  • Driving License 
  • Passport
  • Utility bill
• One recent passport-sized photographs
• Proof of income statement:
  • Salaried Person (any 1)
    • Latest salary slip, (3 months) 
    • ITR(Income Tax Return) 
  • Self-employed person
    • Latest Income tax return. 
    • Proof of business
    • Recently audited financial report.

As per the new RBI regulation, all new Yes bank credit cards are now delivered in an inactive state. So if you want to know how to activate yes bank credit card for the first time? then make sure to take a look at our faq page.

What are the yes premia credit card fees?

• Yes premia credit card joining fee: Rs.1,599 + GST
• Yes premia credit card annual charges: Rs.1,599 + GST

How does the yes bank credit card benefit you?

• Get rewarded for every transaction you make:

The yes bank premia credit card comes with a very powerful reward scheme that can make your every transaction rewarding.

Category of transaction	Rate of earning yes bank reward points
First 3 transactions after yes paynow registration	5X yes rewards.
Every Rs.200 spent on selected categories	3 reward points.
Rs.200 spent on all other categories	6 yes bank credit card reward points.

You can redeem those reward points very easily against various products available in the yes bank premia credit card reward points redemption catalog or you can redeem them into Air Miles, (10 reward points = 1 air mile or club vistara points). You can check the status of your reward points from your net banking account, click here to go to the yes bank credit card login page.

• Make your evenings entertaining with exclusive deals on movie tickets:

If you use this yes bank premia card to book a movie ticket from BookMyShow, you will get a 25% discount on the booking value.

• Make travel comfortable with complimentary airport lounge access:

Using this card you can get free access to domestic and international lounge access. The details of the yes bank premia credit card lounge access benefit are given below.

Benefit/service	Limit
Domestic lounge access	1 free access per quarter
International lounge access	MasterCard users 2 free yearly accesses via the priority pass program Visa card users 2 free yearly accesses via the lounge key program

• Complimentary golf rounds to make your evenings entertaining:

This yes bank premia credit card features 4 complimentary golf rounds every year at some of the most premium golf courses in India. You will also get 1 complimentary golf lesson every yes bank credit card statement cycle to sharpen your skills.

• Enjoy exclusive waiver on fuel surcharges:

If you use this yes bank premia card to purchase fuel from any fuel stations in India, you will get a 1% waiver on fuel surcharges The transaction amount should be between Rs.400 to Rs.5000.

• Complimentary insurance coverage to stand for you in emergencies:

This yes bank premia credit card offers a credit shield of Rs.2.5 lakh to cover the outstandings in case of sudden accidental death of the credit cardholder.

• Get an opportunity to make your card lifetime free:

On achieving certain spending milestones, you can get a complete waiver on your yes bank credit card annual charges. 

Credit card usage	Total benefit
On spending Rs.25,000 within the first 90 days of your yes bank credit card activation	A complete waiver on your first year’s yes bank credit card joining fee
On spending Rs.1,50,000 within an anniversary year	You will get a complete waiver on your next year’s yes bank prosperity credit card annual fee

So, if you want to make your yes bank credit card life time free, then you just have to keep spending Rs.1.5 lakh per year.

• Make repayments easier with the low-cost EMI option:

Yes bank allows you to convert any of your high-value transactions (over Rs.1500) into small monthly installments. You can also calculate the monthly installments using the yes bank credit card emi calculator.

• Convenient yes bank credit card bill payment options to make your life easier:

You can make your yes bank credit card payment online from your yes bank online banking account or by using any credit card payment app like Cred, Phone Pe, Google Pay, Paytm, etc.

• Security of the advanced EMV chip:

This yes bank credit card offers the security of the advanced EMV chip that uses a very strong encryption method to store your data, making your premia credit card nearly impossible to clone.

What are the yes bank credit card charges?

Particulars	Payable amount
Yes bank credit card cash withdrawal charges	2.5% against the transaction amount, min Rs.300
Finance charge	The yes bank credit card interest rate can go up to 2.49% per month or 29.88% annually.
Yes credit card foreign currency markup fee	2.50% against the transaction amount.
Yes bank credit card add on card fee	None (for up to 3 cards)

How to contact the yes bank credit card customer support?

• Call the yes bank credit card customer care number: 1800-103-1212 (Toll-Free) or 022-4935-0000
• Write to the yes bank credit card customer care email id: yestouchcc@yesbank.in 

100xGain Ratings: 

6.5/10

Pros and cons of the yes bank premia credit card:

Pros	Cons
You will get a huge discount on movie tickets. This yes premia credit card features free access to domestic and international airport lounges.  This yes bank card also offers some complimentary golf rounds.	The yes bank rewards earning rate could be a bit better.  There are no dining benefits on this yes bank premia credit card.

Final Opinion:

After analyzing the yes premia credit card benefits it can be said that it is one of the most complete credit cards from Yes Bank. It is a lifestyle credit card best suited for those who want premium benefits at a low cost. You will get lounge access, complimentary golf rounds, exclusive fuel surcharge waivers, insurance coverage, and lots more. 

Also, if you want to spend a bit more to get some extra benefits, then make sure to take a look at our top premium cards page. You can also compare the alternative card options given below.

Alternative cards of the yes premia card: 

1. HDFC regalia credit card (Best for reward points and lounge access benefits) 
2. Indusind bank iconia credit card (Best for lounge access and movie benefits) 
3. Kotak mahindra wealth management infinite credit card (Best for lounge access and golf benefits)
4. Air india sbi platinum card (Best for travel and lounge access benefits)