To those who put their businesses first, the YES First Business Credit Card offers a wide range of benefits. From attractive discounts on workspaces to best foreign currency mark-up fee, this credit card is exclusively designed to help businesses save while they take care of their business expenses.
YES First Business Credit Card key highlights
Make a transaction within 30 days from the date the card was issued and earn 24,000 reward points as a welcome gift.
Earn 20,000 reward points if your total spends exceed Rs.3 lakh within the first 90 days from the date the card was set-up.
Get 6 complimentary international lounge access in a calendar year.
Register on YES PayNow and get 1,000 reward points.
Every time you renew your card, you will get 24,000 reward points.
YES First Business Credit Card lifestyle benefits
Earn 6 reward points on every Rs.100 spent on all retail spends.
Enjoy 50% bonus reward points on all dining and online spends.
Earn 20,000 reward points if your annual spends exceed Rs.12 lakh or more in an anniversary year.
Redeem the accumulated reward points on flight bookings, hotel reservations, or to buy office supplies.
The cash value of each reward point is Re.0.25.
Enjoy fuel surcharge waiver on your fuel purchases between Rs.400 to Rs.5,000.
YES First Business Credit Card features and benefits
YES Assist: With this card, you will get dedicated concierge services. This dedicated team will help you with your hotel reservations, flight bookings, restaurant reservation assistance, movie ticket assistance, and flower and gift delivery.
Automobile assistance: You also get 24x7 emergency towing assistance and roadside repair services with this card.
AWFIS: This feature makes renting out workspaces affordable. Get up to 2 complimentary meeting room hours per calendar quarter at select AWFIS Centres across India. Also get 15% discount on cabin, fixed, and flexi work desks and 20% on meeting room bookings at AWIFIS Centres.
RedGirraffe: Paying rent is now hassle-free. RedGirraffe offers excellent RentPay assistance to businesses in India. You can use this feature to automate your office and residential rent payments through the YES PayNow bill pay facility. You are also eligible to earn reward points on your rent payments and get up to 50 days of interest-free credit period.
Rewards redemption option: Apart from redeeming your accumulated reward points to buy products from an exclusive catalogue, you can also convert your reward points into JPMiles and use it to book your flight tickets. The value of 4 reward points will be 1 JPMile.
MasterCard Lounge Program: Get 3 complimentary access to MasterCard affiliated lounges across India per calendar quarter.
MasterCard World Golf Program: Enjoy green fee waiver at select golf courses in India under this program. You also get one free golf lesson every calendar month.
Fuel Surcharge waiver: Save on your fuel bills using the fuel surcharge waiver applicable at all fuel outlets in India for transactions between Rs.400 to Rs.5,000.
Insurance benefit: Get Rs.25 lakh medical insurance cover while traveling overseas and Rs.5 lakh credit shield cover in case of accidental death of the primary cardholder.
Card Protection Plan: Safeguard your credit card with the Card Protection Plan. This feature protects you in case of loss of card, theft, or fraud.
YES First Business Credit Card fees and charges
Type of fee
Rs.5,000 (Waived if applied through BankBazaar)
Rs.5,000 plus applicable taxes
For YES Bank current, savings, and business banking relationship- 1.99% per month and 23.88% p.a.
For Non-YES Bank current, savings, or business banking customers- 2.75% per month and 33% p.a.
Cash advance charges
2.5% of the advance amount
Over limit charges
2.5% of Over Limit Amount or Rs.500 (Whichever is higher)
Add-on card fee
Nil up to 3 cards
Late payment fees
Outstanding balance up to Rs.100- Nil
From Rs.101 to Rs.500- Rs.100
From Rs.501to Rs.5,000- Rs.400
From Rs.5,001 to Rs.20,000- Rs.500
Above Rs.20,000- Rs.700
Foreign currency mark-up charge
1.75% on the transaction amount
Duplicate statement request
Rs.100 per statement
Re-issue of lost or stolen card
Eligibility to apply for YES First Business Credit Card
The eligibility criteria to get a YES First Business Credit Card are as follows:
Your minimum age should be at least 21 years.
You are less than 65 years.
You should be self-employed, a proprietor, partner, or a partnership firm.
Your minimum income tax return is Rs.10 lakh.
Documents required to apply for YES First Business Credit Card
Any one of the documents
Voter ID card
Any one of the documents
Voter’s ID card
Income proof (For salaried)
Recent pay slips
Last 6 months bank statements
Income proof (For self-employed)
Recent ITR (Income Tax Returns)
Audited profit and loss statement
Duly-filed application form
Passport size photographs
Note: These are the general documents you should keep handy when you apply for a credit card. However, YES Bank can request for additional documents if required.
How to apply for YES First Business Credit Card?
You can apply for a YES First Business Credit Card by visiting YES Bank’s official website. You can also apply for this credit card through BankBazaar by following the steps below:
Open the official BankBazaar website
Choose “Cards” in the menu
Navigate to “Credit Cards”
Filter your results by choosing “YES Bank”
You will see a list of credit cards offered by YES Bank
Against “YES First Business Credit Card” click on the “Check Eligibility” option
If you are eligible, you will be redirected to fill an online application
Enter all the details required
Upload the required documents
Click on “Submit”
Make a note of the “Application ID” and use to check the status of the application
FAQs on YES First Business Credit Card
How do I book my complimentary golf lesson every month?
You can book your golf lessons via phone by getting in touch with Mastercard Golf Concierge Desk on 1800 102 6263. You can also reach YES Bank credit card customer care department at 1800 103 1212.
Is there a cap on the maximum fuel surcharge waiver I can avail on my card?
Yes. The maximum fuel surcharge waiver in a billing cycle cannot exceed Rs.1,000.
Can the secondary cardholder use the complimentary lounge access facility?
Only the primary cardholder can enjoy the complimentary lounge access. A lounge access fee of US$27 will be charged for additional guests.
How do I know the list of AWFIS Centres in my city?
Please visit the official AWFIS website at www.awfis.com to find a list of centres available in your city.
Can I covert a transaction I made on my YES First Business Credit Card into EMI?
Yes, you can convert a transaction into EMI without processing fees. Please get in touch with YES Bank for more details.
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I have applied for Yes Bank Credit card through Online .The agent not gave exact details about the credit card ,The credit limit was very less ,It was upto 60,000.I have received the credit card on time .There are,cash back offers and reward points,not using the card closed it since the credit limit was less .