With YES Private Credit Card, you will get 2.5% value-back on domestic spends and 5% back on international spends, which adjusts to 4.5% after factoring in the forex mark-up fee. While the reward rate on international transactions is quite good, a 2.5% return on domestic spends is relatively low for a premium credit card. However, it is important to note that super-premium cards like YES Private and American Express Platinum go beyond core rewards. They provide a comprehensive suite of lifestyle and travel benefits, making it essential for consumers to evaluate the overall value proposition rather than focusing solely on rewards.
Yes Bank
YES Private Credit Card
Travel
Lounge Access
Reward Points
1st Year Fee: ₹50,000* Plus Applicable Taxes
Reward Points
2X rewards on international spends
Lounge Access
Unlimited domestic & international visits
Hotel Benefits
Exclusive privileges with premium hotels
Find Best Credit Card Offers
It hardly takes 2 minutes
+91
0 /10 Digits
Don't worry, this will not affect your credit score
The entered number doesn't seem to be correct
About YES Private Credit Card
YES Private Credit Card is a super-premium invite only card that caters to premium travel and lifestyle needs of the consumers. At an annual fee of Rs. 10,000, the card competes with super-premium cards like Axis Reserve or American Express Platinum Card. Cardholders get premium privileges like VIP airport meet and greet, exclusive benefits with leading hotels, unlimited lounge access, and complimentary golf games and lessons. The card also features a low forex mark-up fee of 0.5%, which is possibly the lowest among all premium credit cards in India.
While the additional benefits are excellent on this credit card, its core reward rate is low, especially for domestic transactions where consumers get 2.5% value-back. On international spends, users get double the rewards at 5% which after considering the foreign exchange mark-up fee becomes 4.5% – a good return for international usage.
YES Private Rewards Program & Welcome Benefits
YES Private Credit Card features an excellent reward rate, along with giving cardholders a solid start with bonus reward points as welcome benefit. Details are shown below:
Reward Rate
- 20 reward points per Rs. 200 spent on domestic transactions1
- 40 reward points per Rs. 200 spent on international transactions
- 1 reward point = Rs. 0.25
Welcome Benefit
- 2 Lakh bonus reward points as welcome benefit
- 50,000 additional reward points on reaching total retail spends of Rs. 10 Lakh in the first 90 days of card issuance
- Oberoi e-gift voucher worth Rs. 9,000
Travel Benefits on YES Private Credit Card
Apart from reward points, YES Bank extends a wide range of benefits and privileges catering to the varying needs of cardholders.
Airport Privileges2
- Through the ‘Airport by Invitation’ service, get priority check-in, private lounge, private chauffeured car, assistance with customs and immigration clearance, etc.
- VIP Meet and Greet service at the airport
- Other benefits like personal shopper, executive car transfers, meeting/conference room bookings, tarmac transfer, airport courier, etc.
Lounge Access
- Unlimited domestic lounge access for primary and add-on cardholders, along with 12 complimentary guest visits in a year3
- Unlimited international lounge visits, along with 12 complimentary guest visits in a year
YES Private Credit Card extends premium travel benefits, including some exclusive privileges like discount on private air charter booking and cruise programs – features rarely found on other premium cards. The card also provides unlimited lounge access for not only the primary and add-on users but also a limited number of complimentary visits for guests. Discount and other privileges at select premium hotels position this card as a strong competitor to American Express Platinum Card and Axis Reserve Credit Card. Coupled with a low forex mark-up fee, the card can be an excellent option for frequent international travellers seeking luxury and value.
Other Features and Benefits
In addition to the rewards and travel benefits, YES Private Credit Card also offers the following privileges to the cardholders:
Golf Benefit
- 12 complimentary green fees in a year (max. 3 per quarter) at some of the best golf courses across the country
- 12 complimentary golf lessons in a year (max. 3 per quarter)
- 4 complimentary green fee access for guests (max. 1 per quarter)
Movie Benefit
- Buy One Get One offer on movie tickets on BookMyShow (max. 4 tickets worth Rs. 250 each in a month)
- 50% off on event tickets booked through BookMyShow (can be availed once per month with a maximum discount value of Rs. 1,000)
YES Private Credit Card Fees and Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | Rs. 50,000 |
| Annual Fee | Rs. 10,000 |
| Finance Charges | 2.99% p.m. | 35.88% p.a. |
| Late Payment Charges | Nil |
Things to Know Before you apply
Get this card if:
You often travel overseas and need a card that offers better value on international spends
Premium privileges like airport transfers, VIP meet and greet, etc. would be helpful for you
You value additional premium perks more than the reward rate
You are an avid golfer and complimentary golf games and lessons would be quite valuable for you
Consider other cards if:
You want a card with good point-to-mile conversion ratio
You do not travel frequently and premium travel perks would not be helpful for you
Paisabazaar Review
What do we like about this card?
YES Private Credit Card gives a solid start to the cardholders with 2 Lakh bonus reward points and Oberoi e-gift voucher. It offers a comprehensive blend of luxury travel benefits, unique privileges like discounts on private air charters and cruise programs, exclusive airport services like VIP meet-and-greet and chauffeured transfers, which set it apart in the super-premium segment. The card’s low forex mark-up fee enhances its appeal for international travellers, offering an effective 4.5% value-back on international usage. Travel benefits coupled with complimentary golf games, movie ticket offers, and event discounts cater to a well-rounded lifestyle. The card is a compelling choice for those who seek luxury and exclusivity beyond standard rewards.
Pros
- Welcome benefit compensates the high joining fee of Rs. 50,000
- Premium travel and lifestyle perks
- Low forex mark-up fee of 0.5%
- Unlimited domestic and international lounge access for primary and add-on cardholders
Cons
- Low reward redemption value of Rs. 0.25
- Only high-spenders can make the most of the rewards program
- High annual fee of Rs. 10,000
Frequently Asked Questions
Everything you need to know about this credit card
1 reward point = Rs. 0.25 on YES Bank Private Credit Card. You can redeem the reward points through YES Rewardz Platform to make travel bookings, transfer to select airline/hotel loyalty programs or purchase vouchers or merchandise.
Yes. You can transfer your reward points to select airlines or hotel loyalty programs.
YES Private Credit Card offers 12 complimentary guest visits in a year for both international and domestic visits combined.
Forex mark-up fee is the amount charged on credit card transactions made in foreign currency. While most credit cards charge 3.5% forex mark-up fee, YES Private Credit Card charges only 0.5%. So, on an international transaction of Rs. 20,000, you will have to pay only Rs. 100, as opposed to Rs. 700 that you would have to pay on other cards with no preferential forex mark-up benefit.
Under this offer, YES Private Credit Cardholders can avail up to 4 free tickets worth Rs. 250 each in a calendar month. On event tickets booked via BookMyShow, consumers can get 50% off up to Rs. 1,000 every calendar month.
Cardholders get 2 Lakh bonus reward points on payment of joining fee, and on spending Rs. 10 Lakh in the first 90 days of card issuance, 50,000 additional reward points will be offered.
Footnotes
- Fuel, rent payment, cash advance, fees and charges and EMI transactions will not earn any reward points
- Airport Privileges are offered through Mastercard Airport Concierge™ Service
- 12 free guest visits allowed is the sum of domestic and international lounge visits
Click here to know More Terms and Conditions
Rupanshi Thapa
Rupanshi a personal finance writer, specializing in credit cards and consumer finance. Her work is committed to helping readers navigate the complex world of credit with confidence– whether they are selecting the right credit card, optimizings rewards, managing debt, or improving their financial well-being. Through her detailed insights and actionable advice, she guides readers towards smarter financial choices.
Explore other Card Categories
Explore Cards from Leading Issuers
HSBC Bank
HDFC Bank
SBI Cards
American Express
ICICI Bank
Kotak Mahindra Bank
Axis Bank
Standard Chartered Bank
Yes Bank
RBL
IndusInd Bank
IDFC FIRST
AU Small Finance Bank
Federal Bank
Check eligibility for best credit cards
Check Eligibility