16 reward points / ₹200 on travel & dining, 4 points on tax payments, utilities & government services and 8 points on all other spends. Low 1.75% Forex markup.
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.
The YES First Business Credit Card gives 2% effective reward on dining & travel, 0.50% on select categories (tax payments, utilities, government services ) and 1% on all other spending.
It also offers a relatively low forex markup of 1.75% on overseas transactions.
Overall, including milestone rewards, we estimate you can earn a net reward yield of 0.5-0.9% on spending above ₹20,000 with this card in a month.
You can earn a net reward yield of 1.2-1.8% on all your spending with this credit card.
If you are spending more than ₹50,000 a month on your credit card, we recommend the YES FIRST Exclusive Credit Card. We estimate it offers a net reward yield of 1.7% for high spenders.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
The Rewards
Card
YES First Business Credit Card
Card Type
Reward
Reward Features
16 Reward Points / ₹200 on:
– Travel
– Dining
8 Reward Points / ₹200 on all other spends
3 Reward Points / ₹200 on:
– Tax payments
– Utilities
– Government Services
Milestone Rewards
20,000 points on annual spend of ₹12 Lacs
Other Rewards
– 6 Complimentary International Airport Lounge Visits / Year
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.