YES Bank Credit Card Eligibility

The eligibility criteria that you must meet in order to secure a YES Bank credit card are:

Age – You should be over 21 years but below 60 years of age.

Employment – You must have a stable source of income hence, you can be employed self-employed.

Income – Customers who earn a living only may apply for a YES Bank credit card. The minimum income for salaried individuals is Rs. 25,000 p.m. for self-employed it is Rs. 5 lakh p.a. | Rs. 41,666 p.m.

Location – Residents of certain Indian cities only can apply for the credit card. The list of cities can be found here.

Note YES Bank also has certain internal policies that an applicant must fulfill.

YES Bank requires self-attested photocopies of certain documents. These will establish your identity, address and income. List of accepted documents is given below:

Proof of Identity	PAN Card, Aadhaar Card, Voter’s ID Card, Passport, Driving Licence or any other government approved photo ID.
Proof of Address	Aadhaar Card, Passport, Utility bills (not more than 3 months old) or any other government approved ID.
Proof of Income	Bank statement for the last 3 months, Salary slips for the last 3 months, Audited financials for the last two years (for self-employed), Form 16, etc.

Few factors help determine whether or not your YES Bank credit card application will be accepted or not. The factors are:

Age – YES Bank requires that its applicants must be between the ages of 21 and 60 years.

Income – The minimum income required varies from one credit card to another. Typically, premium cards require a high income from their applicants. Still, at Rs. 25,000 p.m. for salaried individuals the YES Prosperity Rewards Plus has the lowest income requirement of all the YES Bank credit cards.

Note Income plays a big part in establishing the credit limit of a credit card. Hence, applicants who earn more are likely to get a higher credit limit.

 Credit Score – YES Bank prefers to give their credit cards to individuals who have a good credit score. Good credit is 750 or more. It shows that the customer is financially responsibly and able to pay off the dues. However, applicants that have a low credit score or no credit history might get their application rejected.

Debt to Income Ratio (DTI) – It is the ratio between your debts and monthly income. Applicants with a low score are more than likely to secure a YES Bank credit card.

Number of Credit Cards Owned – YES Bank will look into the details of previously owned credit cards. Those who have more than one card have a much better chance of securing a YES Bank credit card. Also, the credit limit on the new YES Bank credit card will be dependent on the limit of previously owned cards.

Payment Defaults – If an applicant has defaulted or settled on a loan or credit card payment then their application might be rejected. This default will remain with the customer for years to come.

How can I open a YES Bank credit card?
Customers can apply for a YES Bank credit card through Paisabazaar.com. Click here to begin the process. Provide the necessary details and then submit the form. Then, follow the on screen instructions to successfully apply for YES Bank credit card.

What is the minimum salary to get a credit card?
The minimum salary to avail a YES Bank credit card is Rs. 25,000.

What is eligibility for credit card?
The minimum eligibility criteria for YES Bank credit card are:

• Age – Between 21 and 60 years
• Income – Above Rs. 25,000 per month or Rs. 00 lakh per annum

Which credit card is best in YES Bank?
YES Bank has a variety of cards which can meet the needs of a variety of people. The various YES Bank credit cards with their minimum monthly income requirement are given below:

YES Bank Credit Card	Minimum Income Requirement
YES FIRST Preferred Credit Card	Minimum Net Monthly Income of Rs. 2 Lakhs or Income Tax Return of Rs. 24 Lakhs and above
YES Prosperity Edge Credit Card	Minimum Net Monthly Income of Rs. 60,000 or Income Tax Return of Rs. 7.20 Lakhs and above
YES Prosperity Rewards Credit Card	Minimum Net Monthly Income of Rs. 25,000 or Income Tax Return of Rs. 5 Lakhs and above
YES FIRST Exclusive Credit Card	Minimum Net Monthly Income Rs. 4 Lakhs or Income Tax Return of Rs. 50 Lakhs and above
YES Prosperity Cashback Plus Credit Card	Minimum Net Monthly Income of Rs. 25,000 or Income Tax Return of Rs. 5 Lakhs and above
YES FIRST Business Credit Card	Monthly Income above Rs. 10 Lakhs
YES PROSPERITY Business Credit Card	Monthly Income above Rs. 5 Lakhs

Can I get a credit card with low salary?
Customers who meet the minimum income criterion can avail a YES Bank credit card. If the customer’s salary is below the minimum required salary then they can apply for a secured credit card. Alternatively, they can ask an immediate family member who has a credit card to get an add-on credit card. Through an add-on card the applicant can avail the benefits of the card and share the credit limit with the primary card-holder.