Yes First Preferred Credit Card for NRI

Yes Bank Credit Card offers a bundle full of features, lifestyle privileges, and a loyalty program. It is specially designed so as to provide its customers with happening deals all round-the-year across all renowned merchants, exclusive benefits at lower interest rates, and an unmatched experience. It offers different credit cards as per varied individual needs like travel, shopping, dining, entertainment, etc.

Below mentioned are the different credit cards that are offered by Yes Bank:

• Yes Prosperity Cashback Credit Card
• Yes Bank Wellness Plus Credit Card
• Yes First Exclusive Credit Card
• Yes First Preferred Cashback Credit Card
• Yes Prosperity Edge Credit Card

Below mentioned are the different credit cards that are offered by Yes Bank for NRI:

• Yes First Preferred Cashback Credit Card
• Yes Prosperity Edge Credit Card

In this article, we would be knowing about Yes First Preferred Credit Card for NRI:

Nowadays, many banks offer credit cards to Non-Resident Indians (NRIs) to cater the individual financial needs. NRI Credit cards facilitate users to make purchases in India as well as abroad. These cards are basically meant for Indians who have settled abroad. Credit cards for NRI work on similar lines as regular credit cards operate and are also helpful in making travel bookings, dining, online shopping, etc.

Charges for Yes First Preferred Credit Card for NRI

Annual membership fees:

1. First Year Membership Fee of INR 999 + Applicable Taxes, spend INR 50,000 in the first 90 days, and get a waiver on the first-year membership fee.
2. Renewal Membership Fee* of INR 999 + Applicable Taxes, spend INR 2.5 Lakhs in a year and get a waiver on renewal membership fee for a subsequent year.

Eligibility Requirement for NRI Credit Card

• NRIs should have a Non-Resident Ordinary (NRO) or Non-Resident External Rupee (NRE) account.  It can either be a term deposit, current account, savings account, or a fixed deposit account
• Many banks may require a minimum amount of money invested in Fixed Deposits (FDs)
• There may be a requirement for a minimum balance to be maintained in the account

Eligibility Requirement for NRI Credit Card

Benefits of Yes Preferred Credit Card for NRI’s

• Reward Points Program

• 16 Reward Points for every INR 200 on Travel & Dining Spends (Capped at 3,000 Reward Points per statement cycle)
• 8 Reward Points for every INR 200 on all categories (4 Reward Points for every INR 200 on Select categories)

• Preferred Reward Points Redemption

• A dedicated website for Flight / Hotel / Movie ticket booking on Reward Points redemption
• Redemption of Reward Points against Air Miles (10 Reward Points = 1 InterMile / 1 Club Vistara Point)
• Redemption is available for Flights / Hotels and Movies only (Catalogue redemption not available)
• To Redeem your Reward Points, please call on +91 40 6653 4510 or write a mail to [email protected] or contact your relationship manager

• Master Card World Golf Programme

• Enjoy waiver of 4 Green Fee at select golf courses in India
• Enjoy one complimentary Golf Lesson every calendar month at select golf courses in India
• For bookings, please contact MasterCard Golf Concierge on 1800 102 6263

• Priority Pass Membership and MasterCard Lounge Program 

• Complimentary Priority Pass Membership and 4 Complimentary Visits outside India in a calendar year for Primary Card members only.
• Lounge visits at airports in India, beyond complimentary visits (outside India), and all guest visits for Primary Card members will be charged at US $27+GST per person per visit.
• Primary Card members enjoy Domestic Lounge access, limited to 3 visits per quarter (with effect from 15th June 2021, will be 2 visits per quarter), across 30+ lounges in India.

• Insurance Coverage

• Enjoy a waiver of 4 Green Fees at select golf courses in India.
• Enjoy one complimentary Golf Lesson every calendar month at select golf courses in India.
• For bookings, please contact MasterCard Golf Concierge on 1800 102 6263

• Interest Rate on Revolving Credit

Interest Rate of 2.49% per month (29.88% annually) on Revolving Credit, Cash Advances, and Overdue Amounts for Credit Cards Issued against Fixed Deposit

• Preferential Foreign Currency Markup 

Preferential Foreign Currency Markup of 1.75% only

• 25% Discount on Movie Tickets booked on BookMyShow

Avail 25% discount on movie tickets via the Book My Show website or mobile app.

• Fuel Surcharge Waiver

Get a 1% fuel surcharge waiver at all fuel stations across India for transactions of INR 400 and INR 5000.

• Lifestyle Benefit

It allows users to avail great offers across travel, dining, shopping, wellness, and more, in select cities.

• Contactless Card Technology

• This card is enabled with contactless card technology that facilitates fast, convenient, and secure payments at retail outlets.
• In the case of Contactless card technology, it uses NFC technology that allows users to make quick transactions at merchant locations.

• Secure Password for Online transactions

With the help of Master Card Secure Code, online transactions can be secured.

• Password for IVR transactions

For IVR Transactions, to generate an OTP for a Yes bank Credit Card: SMS ‘YESIVR<space> last 4 digits of your YES BANK Credit Card number’ to 9212738927 from the registered mobile number.

• Enjoy the below services on your Credit Card

1. Instant EMI
2. EMI on Call
3. Quick Loan
4. Yes Paynow
5. Card Protection Plan

Privileges associated with Yes First Preferred Credit Card for NRI

Below mentioned are the merchants that provide privileges to the cardholders of Yes First Preferred Credit Card for NRI’s:

• Kalyan Jewellers
• Niwish
• PharmEasy
• Zepto
• PVR Cinemas
• IGP
• Vivo
• Croma
• Paytm
• Wakefit
• Eassy serve
• Tata 1mg
• Goibibo
• Interflora
• JioMart.com
• Surat Diamond Jewellery