Yes Ace Credit Card vs Yes First Preferred Mastercard Credit Card: Which is Better in 2026?
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The Yes Ace Credit Card and Yes First Preferred Mastercard Credit Card from Yes Bank offer distinct features catering to different user preferences. While the Yes Ace Credit Card provides a structured rewards program, the Yes First Preferred card lacks specific benefits, making it essential to evaluate which card aligns better with your needs.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Yes Ace Credit Card | Yes First Preferred Mastercard Credit Card |
|---|---|---|
| Bank | Yes Bank | Yes Bank |
| Network | MasterCard | MasterCard |
| Joining fee | Joining Fee of Rs.399 | — |
| Annual / renewal fee | Renewal Fee of Rs.399 | — |
| Annual fee waiver | Spend Rs.5000 For Joining Fee Waiver | — |
| Reward rate (headline) | 8 Reward Points on Every Rs.200 For Online Shopping | — |
| Lounge — domestic | — | — |
| Lounge — international | — | — |
| Fuel surcharge waiver | — | — |
| Welcome benefit | — | — |
| Milestone benefit | — | — |
| Foreign currency markup | 2.75% - Foreign Currency Transactions | — |
Which is better for rewards?
The Yes Ace Credit Card is clearly better for rewards, offering 4 Reward Points on every Rs.200 spent on offline shopping and 8 Reward Points on online shopping. In contrast, the Yes First Preferred Mastercard Credit Card does not provide any reward points or cashback options, making it less appealing for users focused on earning rewards.
Which is better for travel?
Both cards do not offer significant travel benefits, as neither provides access to domestic or international lounges or travel insurance. Therefore, they are equally positioned in terms of travel-related perks.
Which has lower effective cost?
The Yes Ace Credit Card has a joining and renewal fee of Rs.399, which can be waived by spending Rs.5000. The Yes First Preferred Mastercard Credit Card does not specify any fees, but without clear details, it is difficult to assess its overall cost-effectiveness compared to the Yes Ace.
Who should pick Yes Ace Credit Card?
Consider Yes Ace Credit Card if you are looking for a card that rewards your spending with points, especially for online and offline purchases. Its structured rewards system and potential for fee waivers make it a suitable choice for frequent shoppers.
Who should pick Yes First Preferred Mastercard Credit Card?
Consider Yes First Preferred Mastercard Credit Card if you prefer a card without the burden of annual fees or if you are looking for a basic credit card option. However, be aware that it lacks rewards and benefits compared to the Yes Ace.
Frequently Asked Questions
The joining fee for Yes Ace Credit Card is Rs.399.
Yes, the joining fee can be waived if you spend Rs.5000.
You can earn 4 Reward Points on every Rs.200 spent offline and 8 Reward Points on every Rs.200 spent online.
No, the Yes First Preferred Mastercard Credit Card does not offer any rewards or cashback.