I recently opened up a Yes First Savings account for smaller transactions and to get approved for Marquee/Reserv
I did it online via:
(not a referral link)
I just had to do 50,000 funding to be able to open the Yes First Savings account which I found surprising. I received the Yes Eclectic Debit Card which has really good offers on Blinkit, Zomato and BMS.
But it also comes with 0 forex fee, Complimentary access to Domestic airport lounges, thrice per quarter and International airport lounges, twice per year, 4 complimentary rounds of green fees per calendar year & 12 complimentary golf lessons per calendar year. Discounted golf services at 50% of the green fee beyond complimentary sessions and is on the Visa Infinite platform.
And, it has a reward rate of 3x on Domestic Spends (not sure if you can get rewarded for paying CC bills with it) and 4x on International Spends
Now, coming back to the account. I was actually pleasantly surprised with the iris by Yes Bank app and their Netbanking interface. It has a bunch of useful features and is quick and responsive.
I also decided to open up a Yes Securities Demat account since they were offering decent fees for Yes First customers and since I had heard good things about it from a friend. I plan to move around 30-40lk into this demat account if I am happy with it after a couple of months. I will provide updates on this in the future since I have been unable to find any information at all about Yes Securities on here and the internet. Nobody seems to have written a review on them. If anybody here has experience with them I would really appreciate your insight.
Overall, I would have to say that Yes Bank has really polished up their act recently and I hope they can continue their efforts.
Here are some pictures of the Welcome Kit I received. The quality of the leather sleeve/case/bag is actually pretty good.
Note: UPI is the only way to do the initial funding online. When I tried using HDFC via GPay they kept blocking the transaction as fraud and calling me repeatedly, even after approving it on the IVR twice. Then, when I funded it using my Axis account via GPay it went through, but the account has been put in Debit Freeze and they are requesting me to come to the branch to unfreeze the account. Which I will not be doing anyways since that account was pretty much Dormant.
I did it online via:
(not a referral link)
I just had to do 50,000 funding to be able to open the Yes First Savings account which I found surprising. I received the Yes Eclectic Debit Card which has really good offers on Blinkit, Zomato and BMS.
But it also comes with 0 forex fee, Complimentary access to Domestic airport lounges, thrice per quarter and International airport lounges, twice per year, 4 complimentary rounds of green fees per calendar year & 12 complimentary golf lessons per calendar year. Discounted golf services at 50% of the green fee beyond complimentary sessions and is on the Visa Infinite platform.
And, it has a reward rate of 3x on Domestic Spends (not sure if you can get rewarded for paying CC bills with it) and 4x on International Spends
Now, coming back to the account. I was actually pleasantly surprised with the iris by Yes Bank app and their Netbanking interface. It has a bunch of useful features and is quick and responsive.
I also decided to open up a Yes Securities Demat account since they were offering decent fees for Yes First customers and since I had heard good things about it from a friend. I plan to move around 30-40lk into this demat account if I am happy with it after a couple of months. I will provide updates on this in the future since I have been unable to find any information at all about Yes Securities on here and the internet. Nobody seems to have written a review on them. If anybody here has experience with them I would really appreciate your insight.
Overall, I would have to say that Yes Bank has really polished up their act recently and I hope they can continue their efforts.
Here are some pictures of the Welcome Kit I received. The quality of the leather sleeve/case/bag is actually pretty good.
Note: UPI is the only way to do the initial funding online. When I tried using HDFC via GPay they kept blocking the transaction as fraud and calling me repeatedly, even after approving it on the IVR twice. Then, when I funded it using my Axis account via GPay it went through, but the account has been put in Debit Freeze and they are requesting me to come to the branch to unfreeze the account. Which I will not be doing anyways since that account was pretty much Dormant.
Last edited:
