Yes Bank is the one that offers quite affordable credit cards to the public at large. You can find from entry-level credit cards starting from Rs. 299 to super-premium credit cards. Before you proceed with the credit card application, you need to identify your needs and spending habits first so that you can compare credit cards and choose the right one. You can easily apply for Yes Bank Credit Cards online as well as offline depending on your convenience. Hereunder are the benefits of a Yes Bank credit card so that it can you make an informed decision. Keep reading to kick start your research.
Welcome Benefits: On taking a Yes Bank credit card you get to enjoy welcome benefits such as complimentary movie tickets, gift vouchers, bonus reward points or cashbacks, etc. generally, you can avail of these welcome benefits on the payment of the joining membership fee. While sometimes, you would have to make the first transaction within a given period of time in order to avail of the welcome benefits.
Reward Rate: The rewards program of Yes Bank credit cards is vast. Depending on the type of credit card you apply for you can get to earn the reward points, travel points, or Miles. The rewards program differs from credit card to credit card. You are required to read it carefully so that you can use your Yes Bank credit card for those transactions only that let you earn the incentives. Say for example, with the Yes Prosperity Rewards Plus credit card, the credit cardholder gets to earn 4 reward points on every Rs. 200 spent on retail transactions and 2 reward points on tax payments, utility bill payments, postal services, etc.
Milestone Benefits: On achieving the spend-based limit the credit cardholders get milestone benefits in the form of bonus reward points/cashbacks, complimentary gift vouchers, etc. These benefits also differ from credit card to credit card.
Travel Benefits: Nonetheless, to make your experience more rewarding with the Yes Bank credit cards, the card issuer also offers you travel benefits that includes complimentary airport/railway lounge access, offers and discounts on hotel/flight bookings, travel insurance, and many more other benefits.
Other Benefits: Apart from the above-mentioned benefits, you also get some other privileges with the Yes Bank credit cards. These include entertainment benefits, offers on dining, health & wellness, fuel surcharge waiver, spend-based waiver, insurances, etc.
Bottom Line:
To summarize, no doubt Yes Bank credit cards are ideal for first-time credit card users. You can find more entry-level credit cards under the Yes Bank. You must know that in order to keep enjoying the benefits of a credit card you are required to adhere to the timely repayment cycles and maintain a low credit utilization ratio. Using a credit card wisely is the only key to building a good standing account.
If you have any queries then do comment below in the comment section, we would love to help you out. Also, you can share your experience with the Yes Bank credit cards in the comment box.
Additional Reading: 7 Questions to Ask Before Getting a Credit Card