Yes Premia Credit Card Review, EMI Eligibility

Yes Premia Credit Card Review, EMI Eligibility
4 Total Score
  • Rewards on Wallet Loading
  • Rewards on Insurance Premium Payment
  • Reward Points never expire
  • Zero Convenience Fee, use your Reward Points to book flight tickets
  • Fuel Surcharge Waiver
  • Domestic Lounge Access
  • Easy EMI Option
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Yes Premia Credit Card Review, features and reward points –  Yes Bank has recently upgraded my existing Yes prosperity Cards to Premia Credit Card free of cost. Additionally, make it life time free credit card. Though, Yes bank generally issues Credit Cards with no annual fees except few premium credit cards.

The Yes Bank Premia Credit Card is good in case you are looking for EMI option post your transactions. They are offering the lower Rate of Interest and processing charge better than HDFC credit cards. The features, rewards and benefits are as like HDFC Regalia First or American Express MRCC credit cards but it is offering reward  points on loading wallets and insurance spends. Unlike SBI and other credit cards, Yes Prima gives you Reward Points on loading your favorite wallet like PayTm, OLA Money, PhonePe etc. 

Just check out the benefits of ‘yes Premia Credit Card’ after using it for a year now.

Joining Fees & Charges

Joining FeeRs.1500 (Easily waived OFF)
Renewal FeeNIL
Renewal Fee WaiverNIL
Variants(MasterCard)
LimitRs. 1 Lakhs average

NOTE : Yes Bank is offering Premia Cards free for life (LTF) for customers with high level of credit history. You need to negotiate strongly while applying. The Premia Card is also available against Fixed Deposit of INR 2,00,000 and above

Reward Points

  • 8 Reward Points per INR 200 on Grocery Stores & Supermarkets, Department Stores and Dining spends 
  • 6 Reward Points per INR 200 on other categories
  • 750 Reward Points on each YES PayNow registration
  • Get Reward Points on loading your favorite wallet
  • Get Reward Points on payment of Insurance Premiums

Default Reward Rate

  • 1 Reward Point = 0.25 INR 
  • 8 RP for every 200 INR Retail Spends
  • Reward Rate: ~0.25%

5X/10X Offers

Accelerated Reward Points on Groceries & Supermarkets.

Reward Redemption

Enjoy Zero Convenience Fee when you use your Reward Points to book flight tickets. Your Reward Points never expire.

Lounge Access

Domestic

  • Enjoy 2 complimentary access per calendar quarter to all MasterCard affiliated lounges across Indian Airports for Primary Card members.
  • Eligible Lounges : MasterCard customers Click here

International

  • Avail Priority Pass Membership worth US $99, at no additional charges
  • Enjoy 2 complimentary Priority Pass Lounge visits outside India in a calendar year. A per visit charge of US $27 + GST will be applicable for
    any accompanying guests and from the 3rd visit onwards for the Primary Cardmember
  • Priority Pass Lounge visits within India by the Primary Cardmembers and guests will be charged at US $27 + GST per visit

Yes Premia Credit Card Review – Other Benefits

  • Foreign Exchange Markup fee: 2.50% + GST
  • Insurance : The outstanding amount on your YES PREMIA Credit Card is covered to an extent of Rs 2.5 Lakhs, in case of accidental death of Primary Card member. 
  • Enjoy fuel surcharge waiver at all fuel stations across India, for transactions between Rs`400 to `5,000.

How to Apply for Yes Bank Premia Credit Card

You may apply online or offline. If you are having credit card of any bank, the Credit card issuance is completely digital. yes Bank usually offers credit card on card to card basis.

Option to Yes Premia Credit Card

If your request for Yes Premia Credit Card is declined, don’t worry, there are similar offering by other banks or if you’re holding Yes Bank and looking for some alternative, you may choose any of these cards.

  • HDFC Regalia First 
  • Citibank Rewards
  • Amex MRCC

Also Read – OneCard Review – Life Time Free Credit Card in India

Bottomline – Yes Premia Credit Card Review

Yes Premia Cards are good Credit Card especially for those who are using the eWallets extensively for their digital transactions and utility bill payments. Yes Premia Cards are offering the reward points on wallets loading. They are also good for insurance premium payments as reward points are also added. The reward points never expires.

Yes Prima Credit Card EMI offers are also attractive as compare to other cards like HDFC Regalia First. The Interest rate offered by the yes Bank on Credit Card EMI is approx 13%, the HDFC is charging whopping 20%. We can recommend this card for intermediate users with moderate spends. 

4 Total Score
Yes Premia Credit Card Review

Yes Premia Credit Card is good for Insurance premium payment, loading Cash to eWallets and lower foreign markup fees of 2.5%.

Annual Fees
4
Reward Point
4
Other Benefits
4
PROS
  • Rewards on Wallet Loading
  • Rewards on Insurance Premium Payment
  • Reward Points never expire
  • Zero Convenience Fee, use your Reward Points to book flight tickets
  • Fuel Surcharge Waiver
  • Domestic Lounge Access
  • Easy EMI Option
CONS
  • Lower Reward Rate
  • Credit Limit is lower
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