YES Bank Prosperity Rewards Plus Credit Card

The YES BANK Prosperity Rewards credit card offers rewarding benefits for every purchase you make. With a minimal annual fee, this card provides excellent value for your money. You can earn up to 2 reward points for every Rs 200 spent, excluding select categories, and 1 reward point for every Rs 200 spent in those select categories. These reward points can be conveniently redeemed through the YesRewardz portal’s product catalog or used for Air Miles. Continue reading to discover more about this credit card.

Key Highlights of YES Prosperity Rewards Plus Credit Card

Joining fee Rs. 399 + GST
Annual fee Rs. 399 + GST
Benefits Accelerated reward points on select purchases, 12000 bonus reward points, fuel surcharge waiver, insurance cover, etc.
Rewards 2 reward points on spending every Rs. 200 on select categories & 4 on all categories.
Age 21 to 60 years
Foreign currency transaction fee 3.40%

Features and Benefits of YES Bank Prosperity Rewards Plus Credit Card

1. Reward Points: Earn reward points with every purchase using this credit card:

  • Get 4 reward points for every Rs. 200 spent on all categories (excluding select categories).
  • Earn 2 reward points for every Rs. 200 spent on select categories.
  • Enjoy 5X Reward points on your first three transactions when you register for YES PayNow.

2. Annual Bonus Rewards: Receive a generous annual bonus of 12,000 reward points when your annual spending reaches Rs. 3.60 lakh.

3. Reward Point Redemption: Redeem your accumulated reward points through our exclusive YES Rewardz catalogue. For every 10 Reward Points redeemed, you’ll receive 1 Intermile or 1 Club Vistara Point.

4. Credit Shield: With this card, your outstanding balance is insured. In the unfortunate event of the primary cardholder’s accidental death, neither the cardholder nor their family will be responsible for settling the outstanding bill.

5. Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on transactions ranging from Rs. 400 to Rs. 5,000.

YES Bank Prosperity Rewards Plus Credit Card Fees and Charges

  1. Initial Yearly Membership Fee: ₹399 + GST
  2. Renewal Yearly Membership Fee: ₹399 + GST
  3. First Year Membership Fee Waiver: Spend ₹10,000 within 90 days of card activation, and the fee will be waived.
  4. Renewal Membership Fee Waiver: Spend ₹50,000 within the 12 months preceding renewal, and the fee will be waived.
  5. Foreign Transaction Markup Fee: 3.40%
  6. Monthly Credit Interest Rate: 3.5% per month
  7. Annual Credit Interest Rate: 42% per annum

YES Bank Prosperity Rewards Plus Credit Card Eligibility

In order to qualify for the YES Prosperity Reward Plus Credit Card, you must meet the following eligibility requirements:

  1. You must be at least 21 years old.
  2. You should not exceed 60 years of age.
  3. You must either be a salaried individual or self-employed.
  4. Your minimum monthly net salary should be Rs. 25,000.
  5. If you are self-employed, your annual Income Tax Return should be Rs. 5 lakh or higher.

Documents Required for YES Bank Prosperity Rewards Plus Credit Card

Proof of Address Options:

  • Choose one of the following documents to provide as proof of your address:
  1. Passport
  2. Telephone bill
  3. Electricity bill
  4. Voter ID card
  5. Ration card
  6. Aadhaar card

Proof of Identity Options:

  • Select one of the following documents as proof of your identity:
  1. Passport
  2. PAN Card
  3. Ration Card
  4. Aadhaar card
  5. Voter’s ID card
  6. Driving Licence

Income Proof for Salaried Individuals:

  • If you are a salaried individual, please provide the following income proof documents:
  1. Recent pay slips
  2. Last 6 months bank statements

Income Proof for Self-Employed Individuals:

  • If you are self-employed, please provide the following income proof documents:
  1. Recent Income Tax Returns (ITR)
  2. Audited profit and loss statement
  3. Balance sheet

Additional Documents Required:

  • Additionally, please ensure you have the following documents ready:
  1. Duly-filled application form
  2. Passport size photographs

How to apply for YES Bank Prosperity Rewards Plus Credit Card

You have two convenient options to apply for the YES Prosperity Rewards Plus Credit Card. You can either utilize net banking or visit the nearest YES Bank branch. If you prefer the online route, simply visit yesbank.in and select the ‘Apply for a credit card’ option. From there, choose the specific card you wish to apply for and complete all the necessary information.

Frequently Asked Questions (FAQs)

1. What is the YES Bank Prosperity Rewards Plus Credit Card?

The YES Bank Prosperity Rewards Plus Credit Card is a premium credit card offering a range of benefits, rewards, and features designed to enhance your lifestyle. It provides exclusive privileges such as reward points, cashback, and travel benefits.

2. How can I apply for the YES Bank Prosperity Rewards Plus Credit Card?

You can apply for the card online through the YES Bank website or by visiting a YES Bank branch. Fill out the application form with the required details and submit the necessary documents to initiate the application process.

3. What are the key features of the Prosperity Rewards Plus Credit Card?

The card offers features such as accelerated reward points on specific categories, milestone rewards, fuel surcharge waiver, and access to a variety of lifestyle and travel benefits. Check the terms and conditions for the most up-to-date information on features.

4. How does the reward points system work on this credit card?

The YES Bank Prosperity Rewards Plus Credit Card allows you to earn reward points on your transactions. The points accumulated can be redeemed for a range of options, including merchandise, gift vouchers, and air miles. The exact earn rate and redemption options may vary, so it’s recommended to refer to the latest rewards program details.

5. Are there any annual fees associated with the Prosperity Rewards Plus Credit Card?

Yes, the card may have an annual fee. However, some cards offer fee waivers based on spending patterns or as an introductory offer. Refer to the terms and conditions or contact YES Bank customer service for specific details on fees associated with this credit card.

6. How can I check my reward points balance?

You can check your reward points balance through the YES Bank net banking portal or by contacting the customer service helpline. Many credit card issuers also provide mobile apps for convenient access to account information.

7. Does the YES Bank Prosperity Rewards Plus Credit Card offer any insurance benefits?

Some credit cards offer insurance benefits such as travel insurance, purchase protection, or medical insurance. Check the card’s terms and conditions or contact YES Bank customer service to understand the insurance coverage provided by the Prosperity Rewards Plus Credit Card.

8. How can I make payments for my YES Bank Prosperity Rewards Plus Credit Card?

YES Bank provides various payment options, including online payment through net banking, NEFT, mobile banking apps, and offline methods like cheque or cash payments at YES Bank branches. Refer to the YES Bank website or contact customer service for detailed information on payment options.

9. Is there a cash withdrawal facility on the Prosperity Rewards Plus Credit Card?

While cash withdrawals are possible using the credit card, it is advisable to avoid them due to high fees and interest rates. The terms and conditions of cash withdrawals, including fees and interest rates, can be found in the credit card agreement or by contacting YES Bank customer service.

10. What should I do if my YES Bank Prosperity Rewards Plus Credit Card is lost or stolen?

In case of a lost or stolen card, immediately contact YES Bank customer service to report the incident. They will guide you through the process of blocking the card and issuing a replacement. It’s essential to report any unauthorized transactions promptly to avoid liability.