Yes Bank First SLBC Credit Card

Yes Bank

The Yes Bank First SLBC Credit Card is a lifetime-free card designed in partnership with the State Level Bankers' Committee (SLBC) to provide accessible credit to a wider population. As a lifetime free card with no joining fee and no annual fee, it offers 1% reward points on groceries and dining — two of the highest-frequency spending categories for most households — and 0.5% on all other transactions. The fuel surcharge waiver at all fuel stations provides practical savings for vehicle owners. EMI conversion on purchases above ₹2,500 allows cardholders to manage larger purchases flexibly. While the card does not offer airport lounge access or premium travel benefits, its zero cost of ownership means it provides net positive value at any spending level, making it an excellent entry-level credit card or a supplementary card for specific spending categories. The card also serves as a gateway to Yes Bank's broader product ecosystem for customers who may later upgrade to premium Yes Bank cards. Source: Yes Bank official website, updated May 2026.