YES BANK FIRST

YES Bank

YES BANK FIRST is YES BANK's entry-level credit card designed to bring credit card benefits to first-time users and budget-conscious Indians who want the convenience and security of credit without paying annual fees. With zero annual fee, zero joining fee, and a minimum income requirement of just ₹1 lakh per annum (₹8,333 per month), the card is one of the most accessible credit cards in India for first-time applicants. The card earns 0.5% value back on all spends without any category restrictions, caps, or conditions. While this is modest compared to premium cards, it is still meaningful on high monthly spends — on ₹30,000 of monthly spending, the 0.5% return generates ₹150 per month or ₹1,800 per year, earned entirely passively without any category management. The card operates on the Visa network, ensuring wide acceptance at over 40 million merchant outlets across India, from large retail chains and supermarkets to small neighbourhood stores and local restaurants. Contactless payment capability up to ₹20,000 per transaction enables quick, secure in-person payments at merchant outlets. EMI conversion on purchases above ₹2,500 provides access to affordable credit for large purchases, allowing cardholders to convert big-ticket buys into manageable monthly instalments at competitive interest rates starting from 1.5% per month. The YES BANK FIRST card is particularly suitable for students, first-time jobbers, and individuals in Tier 2-3 cities who are establishing their credit history. Consistent usage and timely payments on this card can help build a positive credit score, unlocking access to premium credit cards and better loan terms in the future. Source: YES BANK official website, updated May 2026.