Yes bank Private Mastercard Credit Card
YES Bank
last updated: Nov 28, 2025
₹10,000
₹50,000
0.5%
No lounge access
Contents
YES Private Mastercard is an ultra-premium, invite-only lifestyle & travel credit card from YES Bank designed for high-net-worth customers. It bundles a very large welcome reward, concierge services, elite lounge programmes and premium golf/hospitality benefits. Best suited to heavy travellers and customers who use concierge, hotel and airline privileges frequently.
Features of Yes bank Private Mastercard Credit Card which makes it unique
World Elite Mastercard Benefits
Access to premium Mastercard World Elite privileges and partner experiences
Higher travel and lifestyle benefits than standard premium cards
Positioned above mainstream premium cards for HNI customers
YES Private Concierge & Lifestyle Programme
Curated experiences, golf privileges and bespoke hotel offers
White-glove lifestyle benefits for frequent travellers and hospitality users
Closer to private banking perks than retail credit cards
Rewards Structure of Yes bank Private Mastercard Credit Card
Domestic
acceleratedRetail domestic transactions
International spands
acceleratedInternational retail and travel spends
Base
baseAll other spands
Milestones of Yes bank Private Mastercard Credit Card
Welcome Milestone
Pay joining fee (see conditions) : Welcome reward points (1,00,000 YES Rewardz points) on fee realisation
High Spend Milestone
Spend-based offers and seasonal milestones as communicated : Anniversary / milestone reward points or partner vouchers (subject to campaign T&C)
Fees & Charges of Yes bank Private Mastercard Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹50,000 |
| Annual Fee | ₹10,000 |
| Forex Markup Fee | 0.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | 0% |
| Over Limit Fee | 0 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Annual fee may be waived or reduced under specific relationship / spend-based offers per YES Bank policy.
Fee Explanation Fees follow YES Bank's published rates; joining fee usually realised before welcome points are credited. Finance charges and interest apply as per card agreement.
Lounge Access Benefits with Yes bank Private Mastercard Credit Card
domestic Lounges
silverVisits per year: 0
Guest access: Yes
Access via Mastercard World Elite / LoungeKey; program T&C apply.
Insurance Coverage with Yes bank Private Mastercard Credit Card
Travel Insurance
As per brochure (high-value travel insurance included)Details and coverage limits as per YES Bank insurance terms
Purchase Protection / Lost Card Liability
High liability cover; see card T&CApplicable for eligible purchases and incidents; subject to claims process
Additional Features of Yes bank Private Mastercard Credit Card
Concierge Services
24x7 global concierge for travel, lifestyle & reservations
Available to primary cardholders under YES Private programme
Priority Services
Airport meet & greet and VIP services (invitation/paid options)
Subject to availability and Partner T&C
Welcome Bonus with Yes bank Private Mastercard Credit Card
Welcome Bonus: 1,00,000 YES Rewardz points
Bonus Conditions: Points credited subject to joining fee realisation and card activation; T&C apply.
Application Process for Yes bank Private Mastercard Credit Card
Processing Time
7–14 business days (invite / verification timeline varies).
Online Application
Not Available
Instant Approval
Not Available
Step-by-Step Process
Invitation / private banking onboarding (YES Private relationship required)
Discuss product features with relationship manager
Complete KYC and sign card membership agreement
Joining fee realisation (if applicable) and card issuance
Required Documents for Yes bank Private Mastercard Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Wealth / Relationship Proof
private banking customersAccepted documents:
Yes bank Private Mastercard Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide acceptance across India where Mastercard is accepted
International Acceptance
Accepted globally on Mastercard network
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Yes bank Private Mastercard Credit Card
Quick Eligibility Check
Minimum Age
25+
Credit Score
720+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Exclusive/invite-only product for YES Private banking customers or high net-worth individuals; relationship criteria apply.
How Approval Is Decided
- Invitation / YES Private banking relationship
- High net-worth / relationship value per YES Bank policy
- Identity, address and applicable KYC documents
Pros of Yes bank Private Mastercard Credit Card
- Huge welcome reward (subject to fee realisation)
- Premium travel, golf and concierge benefits
- Low forex markup for international travellers
Cons of Yes bank Private Mastercard Credit Card
- High joining fee makes it invite / HNI product only
- Limited public availability — typically invite-only
- Value relies on heavy travel / luxury spend to fully justify fees
Frequently Asked Questions about Yes bank Private Mastercard Credit Card
Is YES Private Mastercard open to public applications?
No — YES Private is an invite / private banking product; availability is generally limited to YES Private banking customers and high-net-worth clients.
What is the welcome benefit?
The card shows a large welcome allocation (1,00,000 YES Rewardz points) which is credited subject to joining fee realisation and activation. Check YES Bank T&C for exact timing.
How much is the joining and annual fee?
Typical brochure rates list a joining fee of ₹50,000 (plus taxes) and renewal fee of ₹10,000 (plus taxes); offers and relationship pricing may change these amounts.
What is the value of one YES Rewardz point?
YES Rewardz publications indicate 1 YES Rewardz point ≈ ₹0.25 when redeeming through the portal; final value depends on redemption route and partner conversion.
Does the card include lounge access?
Yes — the card offers Mastercard World Elite / LoungeKey lounge privileges (international and domestic) and concierge services; programme rules and guest access limits apply.
What is the forex markup on international spends?
YES Private typically carries a preferential low forex markup (published brochure rate ~0.5%); always confirm on the card offer document.
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