YES First Business Credit Card: Benefits, Cashback, Fees, Eligibility & How to Apply

The YES First Business Credit Card may be worth considering if you are a business owner or self-employed professional looking for a credit card that offers cashback, travel rewards, and access to golf and airport lounges.

The card offers up to 2% cashback on travel and dining expenses, plus rewards on other retail transactions. Domestic and international airport lounge access, golf benefits, and an annual fee waiver based on spending are other perks to enjoy with this card.

This guide explains the YES First Business Credit Card benefits, the cashback rate, how many reward points you earn, fees, eligibility and lounge access, and how to apply for the credit card.

YES First Business Credit Card – Key Highlights

Feature	Details
Joining Fee	₹999 + applicable taxes
Annual Fee	₹999 + applicable taxes
Travel/Dining Cashback	2%
Base Cashback	1%
Reward Point Value	1 YES Rewardz Point = ₹0.25
International Lounge Access	6 visits per year
Domestic Lounge Access	2 visits per quarter
Golf Benefits	1 free golf lesson/month + 4 green fee waivers/month
Annual Fee Waiver	On spending ₹3 lakh in a year
Foreign Currency Fee	2%
Minimum Annual Income	₹10 lakh
Age	21–60 years

YES First Business Credit Card Cashback & Reward Points

One of the major attractions of the YES First Business Credit Card is its rewards structure.

1 YES Rewardz Point is worth ₹0.25.

The rewards are earned based on the type of transaction.

2% Cashback on Travel & Dining

You can earn 16 YES Rewardz Points for every ₹200 spent on eligible:

• Air travel

• Hotels

• Dining

• Travel

• Rented vehicles

Since 16 reward points are worth ₹4, this translates to an effective 2% cashback rate on eligible accelerated categories.

This makes the card particularly useful for business owners and professionals who regularly spend on business travel, hotels and dining.

1% Base Cashback on Other Retail Spends

For other eligible retail transactions, cardholders receive 8 YES Rewardz Points for every ₹200 spent.

At ₹0.25 per reward point, 8 points are worth ₹2.

Therefore, the base cashback rate is 1%.

YES First Business Credit Card Travel Benefits

For people who frequently travel for business, the YES First Business Credit Card comes with several travel-focused benefits.

The card provides:

• 6 free international airport lounge visits per year

• 2 free domestic airport lounge visits per quarter

• 2% cashback on eligible travel-related spending

• Rewards on air tickets, hotels and other eligible travel expenses

The lounge benefits can be useful for frequent flyers who want to access airport lounges while travelling domestically or internationally.

Golf Benefits

The card also offers golf-related privileges.

Cardholders can get:

• 1 free golf lesson every month

• 4 free green fee waivers per month

For frequent golfers, these benefits can add considerable value beyond the card's regular cashback and rewards program.

YES First Business Credit Card Reward Booster

Cardholders also have the option to purchase a card points booster plan for ₹3,500.

After purchasing the booster plan, users can earn enhanced reward points on eligible spends:

• 2X reward points on accelerated spends

• 3X reward points on base cashback spends

This can be worth considering for customers who have significant monthly spending and can make sufficient use of the additional reward points.

However, you should compare the additional rewards earned against the ₹3,500 booster cost before purchasing it.

YES First Business Credit Card Annual Fee Waiver

The card carries an annual fee of ₹999 + applicable taxes.

However, the annual fee can be waived if the cardholder spends ₹3 lakh in a year.

This means users who naturally spend ₹3 lakh or more annually on the card can potentially avoid paying the annual renewal fee.

YES First Business Credit Card Fees & Charges

Here are some of the important fees associated with the card:

Fee/Charge	Amount
Joining Fee	₹999 + taxes
Annual Fee	₹999 + taxes
Cash Advance Fee	2.5% of transaction amount or ₹300, whichever is higher
Interest Rate on Overdue Amounts	3.99% per month (47.8% annually)
Interest Against Fixed Deposit	2.49% per month
Foreign Currency Transaction Fee	2%
Late Payment Fee	₹0 to ₹1,000

Note: Fees, charges and card benefits can change. Always verify the latest terms and conditions with YES BANK before applying.

YES First Business Credit Card Eligibility

Before applying, applicants need to meet the card's eligibility requirements.

Age

The applicant should be between 21 and 60 years of age.

Employment

The card is available to:

• Salaried individuals

• Self-employed individuals

Minimum Income

Applicants should have a minimum annual income of ₹10 lakh or more.

Existing YES BANK Credit Card

Applicants cannot already hold another YES BANK Credit Card, according to the eligibility information provided.

Meeting the eligibility criteria does not guarantee approval. Final approval is subject to the bank's internal policies and credit assessment.

Documents Required to Apply

Applicants may need to submit documents such as:

• PAN card

• Identity proof

• Address proof

• Income proof

• Salary slips for salaried applicants

• ITR or relevant financial documents for self-employed applicants

The exact documentation requirements can vary depending on the applicant's profile.

How to Apply for YES First Business Credit Card?

Applying for the YES First Business Credit Card can be done online.

Step 1: Visit the YES BANK Website

Go to the official YES BANK website and navigate to the Credit Cards section.

Step 2: Select YES First Business Credit Card

Find the YES First Business Credit Card and review its features, fees and eligibility requirements.

Step 3: Click on Apply Now

Click on Apply Now to get started with the online application process.

Step 4: Fill in Your Details

Fill out the application form with the requested individual, employment and income details.

Step 5: Submit Documents

Upload the required documents, such as your PAN card, identity proof and income-related documents.

Step 6: Complete Verification

YES BANK will consider your application and will verify it as per its requirements before finalising your application.

Is YES First Business Credit Card Worth It?

If you have a lot of business expenses such as travel, hotels, dining and other costs, you may want to consider the YES First Business Credit Card.

The best part of it is a 2% accelerated cashback rate, 1% base cashback, international and domestic lounge access, golf benefits and waiving the annual fee for ₹3 lakh annual spend.

But applicants are advised to read and understand the minimum annual income of ₹10 lakh, annual fee, foreign currency transaction fee and other charges in the application process.

If you're prone to overspending on travelling and eating out, the card's accelerated rewards might be more beneficial than a conventional cashback credit card.

Pros & Cons of YES First Business Credit Card

Pros

• 2% cashback on eligible travel and dining spends

• 1% cashback on other eligible retail spends

• 6 international lounge visits per year

• 2 domestic lounge visits per quarter

• Monthly golf lesson

• 4 green fee waivers per month

• Annual fee waiver on ₹3 lakh annual spending

• Available to both salaried and self-employed applicants

Cons

• ₹10 lakh minimum annual income requirement

• ₹999 joining fee + taxes

• ₹999 annual fee + taxes

• Additional reward booster costs ₹3,500

• 2% foreign currency transaction fee

• Another YES BANK credit card cannot be held simultaneously, as per the provided eligibility criteria

Final Verdict

The YES First Business Credit Card is for those who wish to use a single credit card to do business, earn cash back, enjoy travel perks and enjoy lifestyle advantages.

It offers 2% cashback on travel and dining expenses, plus 1% for all other retail purchases, as well as airport lounge benefits and golf discounts, so it can be an appealing option for regular business travellers and high-spending professionals.

Comparing the fees, rewards, eligibility requirements and spending benefits of the card before you apply is key. A credit card can be most beneficial when it offers rewards and benefits that are in line with your normal spending.