M16S / Yes Bank / YES First Corporate Credit Card
mid · business, rewards
YES First Corporate Credit Card
The YES First Corporate Credit Card charges no annual fee and no joining fee. It earns 6 reward points per Rs 200 across all categories except fuel. The forex markup is 3.5%. Read from the issuer's own documents on 12 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on yes.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Nil joining and annual membership fee (first year and renewal). Corporate-liability card; minimum amount due is 100% of the total due; interest-free period 50 days. |
Rewards
| Reward currency | Reward Points (YES Rewardz) |
|---|---|
| Base earn | 6 reward points per Rs 200 across all categories except fuel |
| Accelerated earn | None; a lower 2 points per Rs 200 tier applied to select merchants and is withdrawn from 15 Jul 2026 (no points on those merchants) |
| Spends that earn nothing | Fuel; from 15 Jul 2026 also spends at select merchants. |
| Reward notes | Reward redemption fee nil. base_return_pct not computed: no rupee value per point is stated. |
Travel and perks
| Forex markup | 3.5% |
|---|---|
| Fuel surcharge waiver | 1% on Rs 400-5,000 transactions, cap Rs 500 per statement cycle |
| Other freebies | Dedicated Corporate Assist Desk; online expense tracking tools. |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | Per statement, by statement balance: under Rs 101 nil; Rs 101-500 Rs 100; Rs 501-5,000 Rs 500; Rs 5,001-20,000 Rs 750; above Rs 20,000 Rs 1,000 |
| Cash advance fee | 2.5% or Rs 300, whichever is higher; cash limit 20% of credit limit, only on corporate request |
| Eligibility | Corporates, through YES BANK corporate banking; no published criteria. |
| Fine-print notes | New entry created from the issuer page read 12 Oct 2026. Foreign currency conversion charge 3.50%; separate dynamic currency conversion fee 1.5% on DCC spends. Rental transactions carry a 1% fee and are capped at 3 per 30 days. No over-limit fee; card reissue Rs 100; duplicate statement Rs 100. No lounge benefit or network is stated on the page. segment is a placeholder for a corporate card. The commercial-card MITC was not read. |
Questions
- What is the annual fee of the YES First Corporate Credit Card?
- No annual fee.
- What is the forex markup on the YES First Corporate Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the YES First Corporate Credit Card?
- Fuel; from 15 Jul 2026 also spends at select merchants.