YES FIRST BUSINESS Credit Card

Apply for the best credit card of Yes Bank

Last updated:28-Dec-24 Writen by Narendra User Profile
YES FIRST BUSINESS Credit Card
  • Best suitable for: Business
  • Joining Fee: ₹ 999+ GST + GST
  • Annual Fee: ₹ 999+ GST + GST
  • Welcome Benefits: First Year Membership Fee of INR 999+ applicable taxes, waived on total retail spends of INR 20000/- or more within 30 days of card set up date
Yes First Business Credit Card

YES FIRST BUSINESS Credit Card: Fees & Charges

Type of fee or charge Amount (Rs.)
Joining Fee:₹ 999+ GST
Annual/Renewal Fee:₹ 999+ GST
Finance Charges:3.80% per month (45.60% annually)
Spend Based Waiver:Spend 3,00,000 in card anniversary year and get waiver on renewal fee for the subsequent year
Over Limit Penalty:2.5% of overlimit amount, subject to a minimum of 500/-
Rent Payment charges1% Processing fee transaction amount
Forex Charges:3.4% of the transaction value
Minimum Repayment Amount:5% of Total outstanding + All charges/fees/taxes + EMI
Cheque Return Fees:450/- per returned cheque
Late Payment Charges:
Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 100NIL
Above 100/- and up to 500150
Above 500/- and up to 5000500
Above 5,000/- and up to 25,000750
Above 25,000/- and up to 50,0001100
Above 50,000/-1200

YES FIRST BUSINESS Credit Card: Eligibility & Documentation

Eligibility:-
Age: Applicants should be at least 21 years old.
Business Requirements: You should have a registered business in India with a minimum operating period of 2-3 years. and Last 2 Year ITR
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof

Documentation:- 1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof

YES FIRST BUSINESS Credit Card: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 2.5% (Min. INR 500) of the cash amount
Cash Advance Withdrwan Limit: Upto 30% of the card limit
Cash Payment at Bank Branch: Rs. 100/- for every Cash payment

YES FIRST BUSINESS Credit Card: Customer care and helpline

Customer care : 1800 1200
Email Address : [email protected] | [email protected]
Mailing Address: YES Bank House, Off Western Express Highway, Santacruz East, Mumbai 400055

Add-on Card facility: NIL (Maximum up to 3 add-on cards can be issued)

Card replacement fee: Rs 100 + GST

Rewards Redemption Fee: 100/- per redemption request

Domestic lounge:

International Lounge:

Fuel Surcharge:1% fuel surcharge refunded for transactions between 400 to 5,000 and Maximum of 1000 per month.

FAQ of YES FIRST BUSINESS Credit Card

Q1. What is the annual fee of YES FIRST BUSINESS Credit Card?
The Annual fees of YES FIRST BUSINESS Credit Card is 999+ GST. And there is Joining fees is 999+ GST.

Q2. What is the interest rate on the YES FIRST BUSINESS Credit Card?
The YES FIRST BUSINESS Credit Card has an interest rate of 3.80% per month (45.60% annually)

Q3. Are there foreign transaction fees on the YES FIRST BUSINESS Credit Card?
Yes, The YES FIRST BUSINESS Credit Card charges a 3.4% fee for all transactions in foreign currency .

Q4. What is the credit limit of YES FIRST BUSINESS Credit Card?
The credit limit for the YES FIRST BUSINESS Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Yes Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Yes Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.

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