YES First Exclusive Credit Card Review – A Competitor to Infinia

By | December 16, 2016

Yes First Exclusive Credit Card stands above YES First Preferred Credit Card and is one of the most premium credit card available with Yes Bank for now. It looks like every benefit of the card is designed in such a way that its positioned as a direct competitor to HDFC Infinia Credit card, infact its better in many aspects.

While most of the super premium cards in India runs Visa Signature/Infinite variants, YES FIRST Exclusive Card runs on MasterCard network though comes with nice privileges.

  • Joining Fee/ Renewal Fee: Rs.10,000+Tax

YES FIRST Exclusive Credit Card benefits:

Reward Points & Signup Bonus:

  • 50,000 Points as Welcome Bonus = Rs.12,500 Value
  • 1 Point = Rs.0.25
  • Earn 10 Reward Points per Rs.100
  • Bonus: 25,000 Reward Points on achieving annual spend of INR 20 Lakhs
  • Overall Reward Rate: 2.5%

So you get equivalent amount of Points for the joining fee you pay. Though, unlike HDFC, you’re limited to few redemption options on their website. Best value if redeemed for flights. Else, you can also try all those perfumes for free πŸ˜€

Complimentary Hotel Membership:

  • Complimentary Taj InnerCircle Epicure Plus membership

This is nothing special. I’ve this membership availed using my HDFC Regalia and it helps to avail Early Check-in &Β  late Checkout which counts for some.

Golf Program by MasterCard:

  • Enjoy Waiver of Green Fee at select golf courses in India
  • Enjoy complimentary Golf Lessons at select golf courses in India

No idea about it. Yet to explore the Golf program across multiple credit cards.

Complimentary Lounge Access:

  • Β Unlimited Priority Pass lounge access (Add-on cards also)

This is one of the major feature if you happen to fly a lot in international sectors. Priority Pass now gives you access to 1,000+ lounges across the globe, all that at Zero cost with this card. On top of that, Add-on Card members also get unlimited access, which is quite rare. Learn more about the Priority Pass tricks here -> Β 5 Priority Pass Tricks that can Save You a Lot of Money

  • Unlimited Mastercard Lounge access to more than 30 lounges across Indian Airports (for Primary Cardmember only)

Apart from Priority Pass Programme, which is sufficient for accessing most of the lounges in the world, you also get unlimited access to Indian airport lounges which are under Mastercard Lounge network.

Looks like Mastercard has given many special privileges to this card, maybe they’re trying to match with Visa Infinite level of service.

YES ASSIST – Dedicated Concierge Services:

  • Car Rental & Limousine Referral and Reservation Assistance
  • Hotel/Travel/Restaurant/Events Referral and Reservation Assistance
  • Movie tickets assistance in New Delhi,Bengaluru and Chennai
  • Flower & Gift Delivery
  • Emergency Towing & Roadside Repair Assistance

All seems to be good, but not sure if they can beat American Express Concierge service.

Insurance Coverage:

  • Rs. 3 Crores Air accidental cover in case of death due to fight accidents
  • Rs 50 Lakhs cover on medical emergencies, while traveling overseas
  • Rs 10 Lakhs Credit Shield cover on accidental death of Primary Cardmember

Did you notice Credit Shield cover benefit? Its awesome feature which i’ve seen only on HDFC Infinia Credit card so far.

Impressive Finance Charges:

  • Foreign Currency Markup: 1.75%

Now, YES FIRST Exclusive Credit Card is the only credit card in India that carries the lowest Forex Markup Fee. Hey, but i’m enjoying 0% markup fee with this Indusind Debit card already πŸ˜‰

  • Revolving Interest Rate of 1.20% per month (for YES BANK account holders)
  • Revolving Interest Rate of 1.99% per month (for Non-account holders)

Seriously? 1.20% interest rate on revolving credit? its Unbelievable as such kind of interest rates are even rare when you go for EMI. Maybe they’re thinking that those who have access to such premium cards wont be stuck with outstanding’s πŸ˜€

So YES FIRST Exclusive Card is the Best credit card?

As you can see, except the ongoing reward earn rate of 2.5% as compared to 3.3% on Infinia, every other benefit is outstanding and is exceeding the expectations, like with Finance charges. In-fact 2.5% reward rate is quite better than most other cards in the industry.

I expect all services and reward redemption’s to be in par with HDFC because the loyalty program is run by the same company – “Loylty Rewardz Mngt Pvt. Ltd”.

Card on Card Offer: You can get this card Lifetime free if you have any other card with 8 Lakhs limit, 1 Yr usage and no late payment charges. However, you wont get welcome bonus points & Taj membership with this free variant.

CardExpert Rating: 5/5

What’s your thoughts on YES FIRST Exclusive Credit Card? Share your views in comments below.

175 thoughts on “YES First Exclusive Credit Card Review – A Competitor to Infinia

    1. Siddharth Post author

      Just updated about it.
      5L limit on other card can get you this card for lifetime free πŸ™‚

      Reply
      1. vikram2111@gmail.com

        Siddharth I have diners black, but yes bank is asking to me share card number of diners black in order to get this card with zero annual fees..but sharing card details made me bit hesitant so i hung up the call…do they ask for such details or it underlines some fraud

        Reply
        1. Siddharth Post author

          Yes, they do ask, this is to cross check with CIBIL report. It should be fine and safe. Else simply replace the card after applying πŸ™‚

          Reply
      2. Shiv duggal

        Now they have increased the limit requirements on other card to 8 lacks effective 01St April 2017. I was thinking to apply last month based on my hdfc regalia limit of 6 lakh. But then I thought first to apply to upgrade hdfc to hdfc dinner black and increase limit before applying yes exclusive. But now I lost the opportunity.

        Reply
        1. Siddharth Post author

          That’s sad to know. I think you can still apply for Preferred and upgrade to Exclusive after 6 months usage.

          Reply
  1. Sanjay

    How can I apply with card on card offer. I tried on their website but they rejected the application based on salary (less than 50l)? There was no option of applying based on other card (I have regalia card with 6l limit).

    Reply
  2. Debajyoti Banerjee

    Hey Sid

    Debajyoti from Kolkata again. I got the yes first preferred lifetime free by card on card with my diners premium (3.09 lacs) . Yes Bank is new to CC and i must say the customer service is not upto the mark at this point. But then lifetime free and PP with 6 accesses !! (albeit just for me , not my wife). Over fast processing. But the point redemption options are very limited. Just like you mentioned .. adding up for perfumes only !!!

    BTW have applied for Diner Black on white paper , no upgrade form available in website. Hope they accept that under lifetime free category as i am strictly against paying for a CC !! Any idea whether Black will be issued or not ?

    Reply
    1. Siddharth Post author

      It also depends on various factors, like, other relationship with bank, card usage etc.
      Btw, i guess you can upgrade Preferred to exclusive card in 6 months or so with unlimited PP access.

      Reply
  3. suresh

    Hi Sid,
    I have a HDFC regalia card, tried to get diners black by sharing credit limit. Bank was not willing to provide both.
    i am planning to upgrade HDFC regalia to diners black(HDFC is ready to do this).
    and planning to apply for this yes bank exclusive credit card. any suggestions?

    Reply
    1. Siddharth Post author

      Certainly. You can upgrade and also take YesBank Exclusive card.
      Having both cards could be possible if you have higher limit.

      Reply
    2. Shrey

      Hi Suresh,

      What is the limit you have on your Regalia credit card? Also, what kind of relationship do you have with HDFC?

      I also intend to upgrade to the Diners Black, currently hold a Regalia with a 2.5L+ limit.

      Reply
      1. Suresh

        I have 6 lakhs credit limit on regalia, I don’t have any other relationship with HDFC

        Reply
    3. Abhishek Roy

      How did you contact HDFC regarding this? For any request, they till you to send a written application to Chnnai address and don’t even inform if your application for upgradation has been accepted or rejected. So, how did you manage to get a response from them that they are ready to upgrade your Regalia to Diners Black?

      Reply
  4. Prashant

    Should i get this one. I already have hdfc regalia, amex rewards and platinum travel and other cards from scb and citi. I can get this based on credit limit on my citi card it is Rs. 5.6 lakh. I am enticed only because it is free and premium.

    Reply
    1. Siddharth Post author

      You have to Prashant.
      Its a super premium card. Worth applying just for the Priority Pass Benefit.

      Reply
  5. priyanshu

    Hi Sid!

    I guess they just want existing credit card statment as a document for card on card offer.

    Reply
  6. Sanjay

    Thanks Sid.
    You don’t need to visit branch. I just applied on website with right mobile phone number. The application was declined yesterday, but today I got call from yes bank. I asked them about the offer and they agreed and will soon pick up my application and docs.

    Reply
    1. Siddharth Post author

      Sounds good. Looks like they’re pretty active as they’re new.

      Reply
      1. Deepak Agrawal

        Being the new entrant, Yes banks seem to be pretty fast in issuing the card however their marketing is very poor. Even their RMs are not aware about such offers so visiting the branch may not be of much use. It is better to leave your footprint through online application. I had applied online and got the call very next day however my RM told me that it will be paid card with annual fee of 10000/-. Finally I applied under card-on-card offer and got life-time-free Yes Exclusive card with limit higher than supportive card.

        Bank sent the card like a gift parcel box-in-box. It had priority pass included. The best part of this super-premium card is that it is Mastercard varient so will be accepted at most of the domestic lounges compare to very few lounges offered by VISA. The other benefit is that Mastercard has the lowest exchange rates compare to VISA and Diners Club. Diners club is worst in terms of exchange rate. Their Forex rate is 1.5% higher so effectively we pay same 3.5% exchange rate in Diners club card.

        Now Yes First Exclusive is going to be my primary card. Will share experience on offers soon.

        Reply
          1. Deepak Agrawal

            Thanks. I sent you the pictures over email. Yes Exclusive card has become my primary card due to 2.5% cash back in terms of RP. Now targetting to get Diners Black in my wallet.

        1. A.Sundaram

          Dear Deepak, Could you please share how much credit limit you got on your Yes Bank Exclusive CC? My application has been approved and the card has been dispatched today [I am an Yes First Customer and had provided details of my existing CCs-1) ICICI Bk(5 L) and 2) Stanchart(6.33 L)]. But the Credit limit approved for my Yes Bank Exclusive CC is only 2L.

          Siddharth-any reason why the credit limit sanctioned is so low?

          Reply
          1. Siddharth Post author

            Its just the risk factor that the bank’s see. You can get more limit after 6 months maybe.

          2. A.Sundaram

            Just an update-immediately on receipt of the Card, I wrote to Yes Bank and they increased the limit to 5L πŸ™‚

          3. Siddharth Post author

            As you’re a Yes First Customer, they might have honored your request.

  7. Balaji

    Hi Siddharth,

    Can you write an article about cashback cards that can be encashable?

    Reply
  8. priyanshu

    Hello Sanjay!

    If I may ask, what all documents they need? for ‘card on card’ offer.

    suppose i am not in a relationship with YES Bank yet.

    Reply
  9. Gagan

    I just applied for it and all documents were submitted today. Any idea how long it takes for delivery?

    Reply
      1. Gagan

        I got the card delivered today. Had applied on 20th Dec – came in big box with 2 cards – the credit card and priority pass. Thanks for the information basis which applied. Keep up the good job.

        Reply
        1. Siddharth Post author

          A snap of the card with package (nos marked out) would be great for other readers to see πŸ™‚

          Reply
          1. Gagan

            Ok…the card is back at home and am travelling…but could get 2 photos

          2. Siddharth Post author

            Gagan,
            Thanks, but they’re tiny.
            Appreciate a full resolution pic when you got time.
            You can mail me on sid[at]cardexpert[dot]in when its ready.
            So i can update the post accordingly πŸ™‚

  10. Prashant Gupta

    are there any charges for Dedicated Concierge Services. I am applying for the card based on existing card. Docs will be picked up tomorrow.

    Reply
  11. Abhishek

    One thing that I want to point is that, even though heir website says that the MasterCard lounge program is for the Primary Card Holder only, but in the list of the lounges and the terms document it’s clearly written that the Unlimited Mastercard Lounge access program is for the Primary Card Holder as well as for Add-On Card Holder also. So, I don’t know which information is actually true.

    Reply
  12. bala

    @Siddharth

    Hi,
    I have also applied for this card. Regarding your reward comparison with hdfc regalia i would say it is better than regalia. Because in rewards you directly redeem points for amazon coupons in rewards website and you buy anything in amazon using the coupon which give more options .

    Thanks
    V S Balaji

    Reply
  13. Parth

    Hey Siddharth, just wanted to drop in and wish you a Merry Christmas. Hope you have a good one! You website is informative and inspirational at the same time. Enjoy your iPhone and keep up the great work! Thanks again.

    Parth

    Reply
  14. Ashwin Iyer

    SO the Addon card gets Priority Pass ( Is it a different Issued card ) Or do we do +1 When we visit the Priority pass lounge?

    Ash

    Reply
  15. Saurabh

    card on card lifetime free.. for rewards cards only
    all the cash back cards are chargeable
    credit limit on existing cards needs to be 2 lakhs above..
    Applied for YES FIRST Preferred Credit Card yesterday very fast processing docs been collected already.

    Reply
  16. Phantom

    Hii Sid.

    First i will be very thankfull to you for your hard work and efforts to make this web more informative.

    I am holding hdfc regalia cc but waiting to invited by hdfc infina cc team but till time no call?.

    Hdfc regalia 5 years old limit is 6l..
    No late payment in 9 years old track of my first cc.

    I just want to ask is this card can really make On card to card basiss ? If i show them my statsments ?

    Reply
    1. Siddharth Post author

      Yes, you can avail it with Card on card.
      For Infinia, try requesting BM.

      Reply
    2. Gagan

      Just give one statement copy and copy of front of credit card. That should be sufficient and will work. I used Regalia only to get the Yes Card issued

      Reply
  17. Prashant Gupta

    Anyone got the card. I applied in 21st for exclusive card no communication yet from yes bank.

    Reply
    1. Gagan

      I just got card today. It was fast service, next day of application received call from Yes Bank.

      Reply
  18. Harish

    @Gagan,
    I am just thinking to apply for the card with my regalia cc, i do not hold an account in yes bank, so what are the documents required to apply for the card.

    Should we visit the branch to apply for it or call the customer care no where the request can be taken for the documents to be collected from me..?

    Reply
    1. Gagan

      Sorry, there is no way to get notification when someone replies and hence this was missed.

      I see that you already have applied and should get soon…Congrats.

      I had done all online on their website πŸ™‚

      No, don’t have any account with Yes Bank

      Reply
  19. Sayan Das

    Have the Yes Preferred LTF card. Any way to upgrade to Yes Exclusive LTF. The highest limit i have is 3. 5 on my Amex MR LTF card

    Reply
  20. Jitendra

    Sent you the pics.

    Is lounge access free for add on card holder as well?

    Reply
    1. Siddharth Post author

      Pics? am yet to receive any.
      Yes, its free for add-on cards as well via PP.

      Reply
  21. Karan

    Hi Siddharth,

    Thanks for ur write up, i managed to get the card yesterday, they picked up the documents on 24th december and i received the card yesterday at my residence, had matched it as card on card to Diners Black,

    Came in a bookshelf type box with the prioirty pass card and product brouchre

    Keep up the good work with your blog, thanks

    Reply
  22. Rahul Jain

    Hi,
    Just thought I could add some details here !!
    You can get a YES FIRST Exclusive Credit Card without having a 5L limit on the existing cards. You need to have an existing ICICI Bank Sapphiro or an American Express Platinum Card (Rs 50K annual fee) in good standing to be eligible for Life Time Free YES FIRST Exclusive Credit Card.
    Also, a maximum of 3 free add-on cards with respective Priority Passes can be applied and availed for as well !!

    Reply
    1. Siddharth Post author

      That’s an interesting information, especially ICICI Bank Sapphiro part.
      Thanks for sharing.

      Reply
  23. Manish

    Hi I am a yes first customer, they are offering me free lifetime and no joining fee on yes first exclusive card. But they are not offering me any welcome bonus points since it’s free for me. Is this ok?

    Reply
  24. Harish

    Hi Sid

    Thanks buddy, I have applied for the card at a bank branch, Yes First Exclusive was offerd to me with card on card offer with LTF. Expecting to receive in a couple of weeks.

    Reply
    1. suresh

      though i could add my experience here.. Received a call from yes bank customer care on 26th dec, after registering interest with yesbank. Documents collected on 2nd jan, card was approved and dispatched on 11 jan. couple of verification calls and visits to approve.

      Reply
  25. Vikram

    Even HDFC Infinia has a World MasterCard variant. There are at least 3 banks that I know offering the World MasterCard as their top variant. What’s actually on par with the Visa Infinite is MasterCard World Elite. But that’s not available in India and so these banks offer just the World Mastercard which is actually on par with Visa Signature. In the US, at least some time before, the Visa Infinite wasn’t offered. So those banks pitted Visa Signature against World Elite MasterCard variants of their own or competitors.

    Banks with Visa Infinite as their Top Most Variant
    =======================================
    (1) Standard Chartered – For Priority Banking Customers, currently free for life.
    (2) CitiBank – Citi Prestige Card, 20K annual fee, not very catchy in terms of benefits.
    (3) Axis Bank – Reserve Credit Card, invitation only.
    (4) Kotak Mahindra – Wealth Management Infinite, only for Wealth Management Customers

    Banks with Visa Signature as their Top Most Variant
    =========================================
    (1) SBI – Elite, Elite Advantage, annual fee is 5K
    (2) KVB offers a Visa Signature card in partnership with SBI.
    (3) BOB
    (4) IFBI
    (5) LIC

    HDFC in unique in offering it top most variant The Infinia in both Visa Infinite and World MasterCard variants.

    Banks with World MasterCard as their Top Most Variant
    ===========================================
    (1) Yes Bank – Yes First Exclusive
    (2) RBL – Insignia, Annual Fee is 5K
    (3) Central Bank Of India

    The above lists are just what I know. There are possibly more.

    Reply
    1. Siddharth Post author

      Thanks for your wonderful comments with insightful information Vikram πŸ™‚

      Reply
      1. Vikram

        Oops! How did I miss ICICI Bank which also offers World MasterCard as it’s top variant. It’s the Diamant Credit Card that they offer.

        Reply
  26. Prashant Gupta

    Update:

    My application has been rejected after more than a month of applying. reason credit team has done that.
    Surprisingly i got a call for verification and home visit and still card rejected. I had to call cc every 2-3 days for an update and when 21 days passed they said they will escalate the issue. The experience has not been good, no communication from YES bank during whole 1 month and no official communication of rejection.

    Reply
  27. Ganesh

    I got a call from Yes bank and after getting all the details (net salary, existing credit cards (i.e. regalia with 3L limit and Standard charted), usage per months on credit cards etc.), the representative said the criteria for getting this card is to have minimum 3 lakhs as a take home salary per month. So, the card can not be issued.

    Do others have similar experience?

    Reply
    1. Siddharth Post author

      You need 5L limit on existing card to get this one.
      With 3L limit, you can go for YES First preferred variant.

      Reply
  28. Sitikantha Parija

    Hi Siddharth,

    Great work with the blog..keep it up! πŸ™‚ Happy to inform you- that I got the Yes bank First exclusive ( LTF )

    regards,

    Reply
    1. Siddharth Post author

      Thanks for the kind words.
      Congrats on Exclusive card πŸ™‚

      Reply
  29. RAHUL Bansal

    I have multiple credit cards and the highest limit one is diners premium with 3.7 L limit.

    1. Can i get diners black if i apply for the same with this limit.

    2. I got the yes first preferred delivered to me in the first week of january, when can i apply for the upgrade to yes first exclusive.

    Reply
    1. Siddharth Post author

      Try after 6 months with good spend on the existing cards, for both.

      Reply
  30. Dhanush

    Hi sidharth. Any chance how to get this card for free. I have regalia with 4l limit but only 10 months history. Also salary is 50l with incentives however net comes only to 2.4l pm. They are asking for 3.2 l net of taxes. Any

    Reply
  31. Mahesh

    Hi Siddharth

    I applied for the exclusive card on 8th of Jan and with in two days documents were collected, i received a call from the document collection department i think to verify my name and address.

    Since i did not receive any call on 23rd, I called the 18001036000 number to check the status and provided the YBL number ( which was provided by the Yes bank sales rep when collecting the document), the caller said he cannot see that YBL number in the system, and he said they will send the email to sales group to call me, i have not received the call yet it is almost a week now.

    I called the collected yes bank rep who took my application he sent me the screen shot of the document sent to the bombay office…

    Siddharth how do i proceed from here…

    Reply
    1. Siddharth Post author

      Try to escalate through nearest branch manager or drop a line to their Nodal officers.

      Reply
      1. Mahesh

        Thanks Siddharth, i escalated as you mentioned in this blog, instead of Yes First Exclusive card i was approved for Yes Preferred Card. In the call i mentioned i am not interested with the card, the caller said use this card for 6 months and apply for upgrade.

        Siddharth do you really think they will upgrade?. based on your experience..

        I have not activated the card yet.. i will wait for your reply…

        Thank you all..

        Reply
        1. Siddharth Post author

          Yes, they will for sure upgrade it, provided the usage is decent. If possible ask them for a written confirmation πŸ™‚

          Reply
    2. Shrey

      Hi Mahesh, same thing happened with me. I applied for the Yes Preferred card on 7th Jan at the bank branch and the YBL number given was not updated on the system. It took them some time to process the whole thing and I got my card after 19 days of application and documents submission. Should happen in about the same time for you also.

      Reply
    3. Vineet

      You can ask call center person to search your application on the basis of your mobile number and address details.
      For me also, i didnt get any message related with Unique application reference. However call center person was able to share the status.

      Now Yes bank seems to be not so liberal in offering this card. I applied this card against my Regalia card with limit more than 5 lakh and excellent CIBIL score. Still Yes bank called me and offered me Yes Bank Preferred card, which I refused.

      Reply
  32. Vineet

    Finally my exclusive card approved and dispatched….
    Expecting this week…. πŸ™‚

    Reply
  33. KIRAN PRASAD REDDY ERAMREDDY

    Hi Siddharth , I have a Amex Platinum Reserve CC with credit limit of 6.08l , can I apply for the YES FIRST EXCLUSIVE CARD?.

    Reply
  34. Pradeep

    Yes bank is telling that Landline no is compulsory for getting yes bank card. I don’t have Landline no so how can I get this card

    Reply
    1. Siddharth Post author

      A friend’s / Known landline no. can help too, as long as they’re ok with saying that you’re staying there.

      Reply
  35. Arjun Jayasimha

    I got this card last week. I used my HDFC Regalia card which has a 5.4 lac credit limit to apply with the card on card offer. The Regalia credit limit wasn’t matched – I received a limit of only 2 lac on my Yes First Exclusive card.

    Reply
    1. Siddharth Post author

      OMG, 2L on Yes Exclusive card !!
      That’s too low for this variant. Maybe other factors weren’t favoring you for the limit.

      Reply
      1. Arjun Jayasimha

        Well, I just wanted a card which can lay to rest any lounge limitations for my wife and me. This fits the bill perfectly.

        Reply
  36. Majumdar

    Guys,

    Just got my Yes Exclusive Credit Card along with a PP (my first!) just this morning. Now I need to apply for add on Cards and PPs for my family members. Thank you Sid and all of you guys for having brought this excellent card to my notice!

    Regards

    Reply
    1. Siddharth Post author

      Congrats !!
      Have great savings with the new card πŸ™‚

      Reply
  37. Sat

    Hi Siddharth,

    I have a Regalia with a 4.8L limit. Just falling short of 20k.

    Is there a work around apart from sending document to HDFC Cards division.

    Yes bank denied with 4.8L.

    Thanks for your help

    Reply
  38. Nitin UPADHYAY

    I just applied for it and all documents were submitted 8Feb2017. Any idea how long it takes for delivery?

    Reply
  39. Deepak Fernandes

    Thanks Siddharth, your information has always been helpful. I want to apply for card on card offer for Yes Exclusive card but I am unable to find this link. Is this offer still ON?

    Reply
  40. Karthik

    Is it advisable to open a savings a/c with Yes bank before applying for this card?

    Reply
  41. Muk

    Thanks Sid,

    I also got this card, but they didn’t match the limit of my Amex card (8L) and gave only 2L. Planning to shift all spends on this card as 2.5% rewards system is better than any other card

    Reply
    1. Siddharth Post author

      Great, Congrats Mukesh πŸ™‚
      Good to know that a lot of our readers are holding it now.

      Reply
  42. Balpreet Singh

    I got to know from the local branch rep, now the credit limit needed for card on card is 8L. For this reason, seems I won’t be able to get this card currently.

    They are offering me “Yes Privilege”.. What will I miss out if I get this card instead of Exclusive?

    Reply
  43. Arjun

    I talked to Yes Bank customer service today and they said criteria for Exclusive is 3.2L+ monthly income or a 10L+ limit on an existing card. If you are a HDFC Infinia holder, instant approval too.
    I settled for a Yes First Preferred Card.

    Reply
  44. ram

    hello,

    Regalia has also stopped giving free TAJ membership. I was a frequent user of that benefit. Any other decent card offering Taj Epicure membership?

    Reply
    1. Siddharth Post author

      High joining fee cards still has it, like Amex platinum.

      Reply
  45. SaurabhN

    Hi, thanks for the review. I got my Exclusive card on basis of Regalia card which has limit of 6 lacs. I surely believe this card provides a great value and on top of that unlimited access to lounges for primary and add-on card holders, which is pretty amazing. Hope to gather some gr8 points for GVs available on redemption.

    Reply
    1. Siddharth Post author

      Congrats Saurabh!
      Indeed, this card is best for the Priority Pass.

      Reply
  46. Karunesh

    Hi,

    Anyone who has used RBL Bank’s Insignia CC?
    Pl share review.

    Thanks
    Karunesh

    Reply
  47. Ganesh

    Hi Sid,

    Many thanks for sharing the information!!

    I am using SC Manhattan card with 6 L limit from last 6 months. To get Yes first exclusive card, do I need to wait for another 6 months or should I apply for Yes First preferred and then upgrade it to exclusive? Does this upgrade work?

    Regards
    Ganesh

    Reply
    1. Siddharth Post author

      Yes Preferred + Nice Usage will be eligible for Upgrade. Els you need 8L limit

      Reply
  48. uttam

    How many addon cards can we have with this card? Also, can we take addon card for kid also?

    Reply
  49. Mouli

    Siddarth,

    I am still seeing Taj membership offer in Yes bank portal. Are they giving it now ?
    I heard from the executive that I will get 50000 Bonus point for LTF card also . Is it so ?

    Thanks,
    Mouli

    Reply
  50. Ankur Mittal

    Do we get 50,000 points with free Yes first Exclusive card ?

    Reply
  51. Gautam

    Unlimited Mastercard Lounge access to more than 30 lounges across Indian Airports is for add-on cards also.
    Confirmed with product feature booklet came with the credit card and also with the customer care.

    Reply
  52. Alok

    Does Yes Bank send representatives for address verification in addition to whoever visited for document collection? Or do they verify over phone?

    Reply
    1. Prashant Gupta

      yes residence verification is done by different person.

      Reply
    2. Mouli

      They will send representatives to home for address verification. They did it for me this week

      Reply
    3. Ankur Mittal

      They visited both my home and office address and called both my home and office numbers

      Reply
    4. Alok

      Thanks!

      For the home/office address verification: Do they call and coordinate before coming, or just show up unannounced?

      Reply
  53. Gautam

    The unlimited MasterCard lounge access is both for primary and add on card members.
    I have verified with instruction booklet came with card and also with customer care.
    Wrong information is there on yes bank website regarding the same.

    Reply
  54. Majumdar

    Strangely enough I had a very different experience. I had two cards with 5L+ limits but both were only 6 months old. But I got approval within days, not even full KYC docs submitted, only one copy of Passport (as ID+ Address proof) and last months email statement of both CCs. No visits, nothing.

    Regards

    Reply
    1. Alok

      My HDFC application some time back was also approved without visits (or even phone verification).

      How many days did it take between submitting documents and approval?

      Reply
  55. Alok

    Thanks for the review and comments on this site.

    Applied online on 15th June. Documents collected on 16th. Phone verification on 17th. Received reference number via SMS on 20th. Home and office verification done on 21 and 22. They showed up without calling. Then no updates for a week. Card was approved on 30th, but didn’t get any immediate message. Got bluedart message on jul 1 and card received shortly after that message.

    The card packaging is quite amazing.

    I can’t yet register myself on netbanking. (New to yes bank). CCare said my new custID hasn’t yet propagated through all their systems yet. So I don’t have a PIN yet. But I was able to do online transactions.

    Like many have observed, yes bank customer care could be the weak link with this card.

    Reply
  56. Mouli

    I applied for Exclusive card in card on card basis using my HDFC Diners Black but they gave me First Preferred card.When I talked to CC, they mentioned they stopped Exclusive card by March itself and I feel that’s not true as I have seen Alok mentioned that he applied on June and got the Card. Anyone applied and got Exclusive card recently?

    Reply
    1. Sameer

      I was told about they stopping exclusive card on C On C basis by 31st march. I applied in first week of Apr.

      They told me to take Preferred and then upgrade after 6 months or so..

      Reply
    2. Ankur Mittal

      I got the Yes First Exclusive card 3 weeks back, but the guy has to took some sought of approval

      Reply
  57. Ganesh

    Hi all,

    Is this card still being issued on card to card basis (i.e. LTF)?

    Thanks!

    Reply
    1. Shivi

      Go to Yes Bank and ask them directly @ Ganesh πŸ™‚

      Reply
  58. Badrinath M

    Yes Exclusive Credit Card charged me over 2% charges on Fuel purchase. But somewhere i read a discount.
    πŸ™

    Reply
    1. MrinalT

      all cards charge the 2-2.5% Transaction charge +GST , but they will reverse the transaction charge if you are eligible for charge reversal (eg : on my HDFC regalia ,tranaction should be between 400-2500) plus u get 0.75% on your fuel value as reversal on the same card from the OMC

      Reply
  59. MrinalT

    I have applied for Yes First Exclusive online on their website based on my income , on the day of application , i get a call , caller verifies my details against what i have uploaded , but on hearing that i am a Trader without any Company name , his words started hesitating and he told me he needs an “Approval” from senior and will call back , call never came

    next day , i get another call from another executive , this time he is convinced about my firm , but pushes hard for the Yes First Exclusive Business Variant (i checked on their website , the perks are half (so are the fees) and reward is way worse) , i urge to him that i need card for personal use on international travel , he just tells me that a person will pick up documents and kept the phone

    lets see now what happens

    Reply
  60. Shiladitya

    Tried to apply for Yes bank exclusive card online as I was eligible based on salary criteria.
    Surprisingly, even being in Hyderabad, my pincode was not in the list and hence could not apply.
    So, called up their phone banking and expressed interest to apply.

    Got a call within 1 hour but was to take the call due to meetings.
    Asked him to call today at a particular time. Received the call from an executive who was well mannered and asked a few questions regarding salary, company etc and confirmed that I can get this card life time free . Will submit documents on Monday and hopefully should get this card soon enough.

    With the kind of features this one has, I don’t think I will need any other card.
    I will still keep the Diners Premium card as long as they have their 10X offers.
    I am planning to cancel all my other cards (which are not life time free) after I get this one.
    Are there any negative effect on credit rating if I cancel my credit cards?

    Reply
    1. Prashant Gupta

      If they are ltf card then why to cancle. If they are of different banks then u can use those for bank specific offers. Close the ones whicg are absolutely useless and not very old.

      Reply
    2. Aman

      Hi Shiladitya

      2 things.

      1. hope you get exclusive card. And if not, settle for the preferred card for now and upgrade later to exclusive

      2. Don’t immediately cancel any other credit card issued recently. Wait till the card completes 11 months before cancelling so that your cibil score is not affected. You can also try to upgade them to ltf depending on availability.

      If card is still not valuable to you then cancel.

      Reply
    3. Gautam

      Indeed exclusive card is one of the best card in India. I am using it from quite few months and experience is good till now with it.
      You also hold the diners premium, try asking hdfc to upgrade it to diners black (better reward rate than exclusive card) as you meet their salary criteria. But do keep in mind that this card is surprisingly popular in market from some time and hdfc may devalue in near future.
      Avoid cancelling your oldest card as it will impact your cibil score.

      Reply
      1. Shiladitya

        Thanks everyone for your replies.

        I have a few old cards which are very basic cards
        Citibank cashback – LTF – can keep this one, also Citi runs some good offers now and then which is beneficial
        Standard chartered Cashback – This one is only good for fuel and utilities. I think the only card in India which gives 4% cashback on fuel. I think this one has waiver based on 1L annual spend. Will check with the bank and try to convert to LTF.
        HDFC Diners premium – new card, LTF. So, no problems. I can use it for Diners 10X offers and HDFC specific offers. Will check possibility of upgrade to Diners black but should I wait for 6 months? My biggest problem with Diners card is that I don’t know if it will be accepted or not. So, I prefer not to use it for offline transactions.
        SBI Prime – This is my newest card. Till now, not sure about how their rewards will work out to be. But this is NOT life time free and to get maximum value out of this card, we need to use it for 5L annual spend.
        If I get the YES bank exclusive LTF, it makes every sense to get it.
        But, I am not sure how should I be using this card. Should I use SBI prime as main card or the YES excllusive? Diners is only for 10X program. Stanchart only for fuel apart from bank specific offers.

        Please do advise.

        PS – I am not sure why cancelling a credit card affects CIBIL score when I have made all my payments before due date

        Reply
  61. Shiladitya

    I got a verification call for my application today.
    during application, I was offered a Life time free card but now they are saying I need to pay 10K for joining.
    I wanted to know if it’s worth to pay 10K joining fees for this card.
    Anyone got this life time free?

    Reply
    1. MrinalT

      Shiladitya,

      i own a Yes bank First Exclusive , paid 10k+GST = 11,800/- , you get 50k points the moment you do your first transaction , but can only redeem it once your first month’s statement is generated , you can use them for merchandise or e vouchers of amazon/croma ,etc.

      SBI prime , Siddharth has made an excellent article on the benefits you can derive out of the card , please do read it. but SBI rewards rate is close to 1-1.25% , whilst YBFE card is 2.5%(even when you recharge your mobile wallet)

      dont be afraid of the 10k fees you have to pay because you get that much back in value (net savings Rs. 700) .

      my suggestion will be use SBI prime for SI on utility bills , rest all spends can be on YBFE card

      if the already owned card is LTF , dont bother cancelling it

      Reply
      1. Shiladitya

        Thanks. I have read all the articles πŸ™‚
        Problem with SBI prime card is that the reward rate is linked with the spend.
        If you spend less than 3L, its a huge loss as you end up paying renewal fees and you dont get milestone benefits.
        You can easily earn 4-5% rewards on SBI prime card if you spend 5L.
        I think the better strategy should be to spend 5L on SBI prime card, earn all the benefits and then spend other things on Yes exclusive. So, it’s better to have Yes exclusive as life time free.
        If you get Yes exclusive after paying fees, then there is no point in continuing with SBI prime or viceversa. Use only one of them

        Reply
  62. Sriram

    Yes has released the Mother of all Cards – Yes Private. Sid, I dont think I would ever get eligibility for the card in this life or next. However, if you can review the “Mastercard Worldelite” part it would help

    Reply
  63. Ajesh

    Received the Yes First Exclusive Card today , after a delay in verification due to not having landline at office . πŸ™‚ . Got it bypassed after escalating.

    Sid , please update the above point in your review.
    In the welcome kit, it clearly mentions “Primary and Add-on Cardmembers enjoy unlimited complimentary access to MasterCard affiliated domestic lounges.”

    Reply
  64. tarun

    I have limit of 7,60,000 on my CC card. Is this enough for this Yes Exclusive. I file ITR of around 25 lacs.

    Reply
    1. Siddharth Post author

      Limit is Good enough, short of 40k, but should be able to make it!

      Reply
  65. Shiladitya

    I have applied for Yes bank exclusive card on 18th September.
    I got a couple of verification calls.
    But still the status is IN PROCESS.
    I thought Yes bank is relatively fast in processing credit card applications.
    I don’t know why they are delaying this much.

    Also, they seem to be confused about LTF option.
    One person told me it’s LTF, another person told me it’s not.

    So, till now, not a great experience.

    Reply
    1. Siddharth Post author

      Its probably stuck somewhere. Check with those who took the application, or reach them on social media.

      Reply
      1. Shiladitya

        I called customer care, they don’t have a clue.
        I have lodged a complaint, no response so far.
        Will check once more by Friday.
        If its still not resolved, I am not going to waste any more energy on this.
        Also, looks like YES bank has a long way to go for becoming a top class bank. If this is the treatment they are giving for their EXCLUSIVE card applicants, I wonder how their customer service will be afterwards.

        I have more important things in life to focus on rather than running after YES bank for tracking a credit card application status.

        Reply
  66. Shiladitya

    Spoke to customer care on Saturday.
    They said that there is some investigation on the documents which I submitted but could not give any more details and why it’s taking so much time.
    I am going to let this one go.
    May be next year I will try once more but very shabby experience with Yes bank

    Reply
  67. Shiladitya

    Quick update – AS per the Yes bank credit card status tracker in the website, my application has been approved.
    πŸ™‚
    Hopefully, should get it pretty soon.
    Looking forward to a long lasting and fruitful relationship with Yes bank.

    Reply
  68. Shiladitya

    Received my yes first exclusive card.
    The packaging is exquisite. My daughter has already taken the package to keep her stuff πŸ™‚

    Quick clarification
    Both Mastercard lounge access and Priority pass lounge access are for Primary as well as Add-on card members. I have not yet applied the Addon card yet.

    There is some confusion regarding joining and annual fees.
    During application, I was told that this is lifetime free.
    But, when I called customer care they are saying it’s chargeable but I dont have much confidence in what they are saying.

    If the card is chargeable, I will enjoy for 1 year (as we get 12500 back as reward points) and then cancel because of high renewal fees.
    Let me know if there is any way to clarify this.

    Also, tried to register online. but could not. Says invalid card.
    I guess I need to wait for a few days before online registration?
    Seems like Yes bank has to go a long way before they could claim to be one of the best

    Reply
    1. Siddharth Post author

      Congrats Man!

      It would be LTF if it was promised at the time of application as we usually agree & sign it. So they can hardly skip that part.

      Reply

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