Yes Bank Prosperity Rewards Credit Card
Yes Bank Prosperity Rewards Credit Card
Introduction
Yes Bank Prosperity Rewards Credit Card is the most basic credit card from Yes Bank in the Indian market. This card is a contactless card. It offers rewards whenever you use it. Features like a fuel surcharge waiver, an amazing rewards program and much more are available with this card.
We will discuss the features & offers available on the card:
Highlights of Yes Bank Prosperity Rewards Credit Card
Highlights
- Accelerated Reward Points on select transactions through YES CART
- 10,000 Bonus Reward Points on achieving spending of INR 1.8 Lakhs or more in each anniversary year
- Fuel surcharge waiver at all fuel stations across India
Fees & Charges
| Description | Fees & Charges |
|---|---|
| Annual Fee( for 1st year) | INR 299 + GST ( waived on total retail spends of INR 5,000 within 90 days of card set up date) |
| Annual Fee( from 2nd year onwards) | INR 299 + GST ( waived on total retail spends of INR 25,000 within 12 months of card set up date) |
| Add-on card fee | NIL upto 3 cards |
| Foreign currency mark-up charge | 3% |
| Overlimit charges | 2.5% |
| Cash advance charges | 2.5% |
| Late payment fee | NIL - for less than INR 100 INR 100 - Between INR 101 to INR 500 INR 400 - Between INR 501 to INR 5,000 INR 500 - Between INR 5,001 to INR 20,000 INR 750 - Above INR 20,000 |
| Finance charges | For YES Bank salary and savings account = 2.99% per month and 35.88% per annum For Non-YES Bank cardholders = 3.22% per month and 38.64% per annum |
Eligibility Criteria
Card Features
As the name suggests, its main features revolve around a rewards program. So, let’s dive into it and see what the card has to offer:
Reward Points Program
Reward Points Redemption
- Redemption of Reward Points against Air Miles (10 Reward Points = 1 InterMile / 1 Club Vistara Point)
- Exclusive Catalogue of Products to choose from.
Interest Rate on Revolving Credit
Interest Rate of 3.5% per month (42% annually) on Revolving Credit, Cash Advances, and Overdue Amount
Preferential Foreign Currency Markup
Preferential Foreign Currency Markup of 3.40% only
Annual Bonus Rewards
You can earn 10,000 Bonus Reward Points on achieving spending of Rs 1.8 Lakhs or more in each anniversary year
Fuel Surcharge Waiver
1% Fuel surcharge waiver at all fuel stations across India for transactions between Rs 400 to Rs 5,000
Lifestyle Benefit
You can avail of great offers across travel, dining, shopping, wellness, and more, in select cities across India. Please visit YES Privileges to know more
Value Chart – Yes Bank Prosperity Rewards Credit Card
You can visit this link to know more about the value chart offered by this credit card. It will provide information like Annual Fee and kind of waiver(if any), rewards value etc.
Final Words
Yes Bank Prosperity Rewards Credit Card is a basic reward-based credit card in the market. You can go for this card if you want to upgrade to the premium cards within YES Bank and you want to have some credit history to support your case.
From time to time, offers are introduced on this card, which if you use it correctly, can provide you handsome results.
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FAQ’s
What is the Annual Fee of Yes Bank Prosperity Rewards Credit Card?
Rs 299 + GST
Is there any fee for Add-on cards?
There is no fee till 3 add on cards
What is the Foreign currency markup charge for Yes Bank Prosperity Rewards Credit Card?
3%
Is there any special bonus/offer on the Reward Points of Yes Bank Prosperity Rewards Credit Card?
10,000 Bonus Reward Points on achieving spending of Rs 1.8 Lakhs or more in each anniversary year
What is the income eligibility to avail of the Yes Bank Prosperity Rewards Credit Card?
Minimum salary of Rs 25,000 per month.
