Yes Bank Prosperity Rewards Plus Credit Card: Benefits & Fees

Yes Bank Prosperity Rewards Plus Credit Card Benefits & Fees

In today’s time, credit cards have become a basic need for many individuals as it not only helps in enjoying credit limits but you can also earn lots of reward points as well as additional benefits from them. Therefore, Yes Bank has launched a credit card that will help you save lots of extra bucks and the name of that credit card is Yes Bank Prosperity Rewards Plus Credit Card.

Credit Card comes with many benefits, including cashback, rewards, and low fees and interest rates. While paying for your dining or shopping with the Credit Card, you can save money or get rewards every time you swipe.

In today’s article, we will tell you in detail about Yes Bank Prosperity Rewards Plus Credit Card. Along with this, we will tell you in detail about the benefits and reward points of Yes Bank Prosperity Rewards Plus Credit Card. Therefore, read this article till the end so that you do not face any problems later.

What is the Yes Bank Prosperity Rewards Plus Credit Card?

Credit Card is a premium category credit card, which is designed especially for those looking for rewards and cashback benefits. This credit card offers great rewards and cashback on the spending of the customers along with many other benefits.

With this credit card, there are reward points generated from every single transaction that could be redeemed in several forms like gift vouchers, coupons, or air miles. Additionally, a variety of awesome deals and offers including discounts are enjoyed by using the card, which gets special reductions in restaurants as well as retail outlets.

How is the design of the Yes Bank Prosperity Rewards Plus Credit Card?

The design of the Credit Card is very sleek and modern. This is because of its vibrant colors and clean layout. The card is black with small silvers and blues, and so it has a professional, and stylish finish to it.

The card contains the logo of Yes Bank at the top; the card number, name, and expiry date are placed in a neat lineup. On the whole, it is elegant but sophisticated, thereby making users appreciate the beauty of the card.

What are the benefits of the Yes Bank Prosperity Rewards Plus Credit Card?

Key advantages are:

  1. Reward Points on spends
  • 10X Reward Points at dining, online shopping, and grocery.
  • 5X Reward Points at international spending
  • 1 Reward Point for each ₹100 spent everywhere else
  1. Welcoming Benefits:
  • Receive 1,000 Reward Points as the welcoming benefit with the card
  • Annual Fee: The card carries annual fees. There are conditions such as the one of spending some amount of amount of ₹ 1 lakh p.a. then this annual fee gets waived.
  1. Exclusive offers:
  • Access to exclusive deals and discounts on dining, shopping, and travel.
  1. Reward Points Redemption:
  • Reward Points can be redeemed for various options like cashback, vouchers, or gifts from the Yes Bank rewards catalog. 1 Reward Point is usually worth ₹0.25, based on the redemption method.
  1. Complimentary Airport Lounge Access:
  • Enjoy free access to selected airport lounges in India.
  1. Travel and Insurance Benefits:
  • Enjoy travel-related benefits, including coverage for air accidents, loss of baggage, and purchase protection on the card.

What are the fees for the Yes Bank Prosperity Rewards Plus Credit Card?

Here is a simple breakup of the Credit Card fees.

Joining Fee₹4,99 + GST (one-time fee when you get the card).
Annual Fee₹4,99 = GST per year. This will be waived if you spend ₹1,00,000 or more in a year.
Add-on Card FeeNo charges for additional cards for family members.
Finance Charges3.50% per month (42% annually) on the outstanding balance if you don’t pay your bill in full.
Cash Advance Fee2.5% of the amount withdrawn or ₹600, whichever is higher.
Late Payment FeeFor Statement Balance
Rs.0 to Rs.500: NILRs.500 to Rs.1,000: Rs.400Rs.1,000 to Rs.10,000: Rs.750Rs.10,000-Rs.25,000: Rs.950Rs.25,000-Rs.50,000: Rs.1,100Rs.50,000 and above: Rs.1,300

What are the criteria for getting a Yes Bank Prosperity Rewards Plus Credit Card?

The following are the primary requirements:

  1. To apply for the Credit Card, you must be between 18 and 70 years old. This way, applicants will either be young enough to begin building a credit history or mature enough to have an established financial background.
  1. The income requirement differs according to your employment status:
  • Self-Employed Professionals: A minimum Annual income of Rs.1 lakhs usually does the job.
  1. A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that it increases the approval probability.
  1. Your credit score plays a role in the selection process. It is a tendency for Yes Bank to favor borrowers with a better credit score usually above 750. A better credit score generally indicates that the person has an excellent history in managing his finances and is quite reliable as a borrower.
  1. You must be an Indian resident and have valid address proof within the country. In case you are applying from outside India, then you would not be considered eligible for this card unless you are an NRI and fall into other criteria that are required for this type of card.
  1. A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.
  1. A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.

What documents are required to get a Yes Bank Prosperity Rewards Plus Credit Card?

The documents that you will have to submit to get Credit Card are as below:

Identity ProofAadhaar card, Passport, Voter ID, Driving license, PAN card
Address ProofUtility bills like electricity, water, ancient agreements, Bank statements, or passbook with your address
Income ProofUtility bills like electricity, water, ancient agreements, Bank statements, or passbooks with your address
PhotographThe latest passport-sized photograph

Where can the Yes Bank Prosperity Rewards Plus Credit Card be used?

Here is the list of places where you can use it:

  • With the Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.
  • You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.
  • You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.
  • You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.
  • You can use your credit card to pay electricity and water bills, mobile bills, and internet services.
  • You can use your  Yes Bank Prosperity Rewards Plus Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).
  • The Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the Yes Bank Prosperity Rewards Plus Credit Card?

The credit amount you can spend is what you are provided with Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies with the person. A credit limit could be ₹30,000 for someone and ₹1,00,000 for another or even more, considering his/her profile and financial background.

It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit then penalties get added, and your credit score also goes down.

How do you apply for a Yes Bank Prosperity Rewards Plus Credit Card?

Apply it through both these modes: 

Online Application Process:

  • Visit the official website of the Yes Bank, i.e. 
  • Go to ‘Cards’, followed by ‘Credit Cards’.
  • On that page, you can see numerous options for credit cards issued by Yes Bank; for instance, you can choose the  Yes Bank Prosperity Rewards Plus Credit Card.
  • Just hover your cursor on the Credit Card, followed by selecting ‘Apply Now‘ from there.
  • You will be asked to fill out your details including your name, contact information, income details, and employment status.
  • Be accurate and updated with the information provided.
  • You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.
  • After filling out the details and uploading the documents, review your application to make sure everything is correct.
  • Apply online through the application form.
  • The bank will check your application after submitting it. They can ask for extra documents or information if required.
  • You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process:

  • You can walk into the nearest Yes Bank branch to apply for the Credit Card.
  • Request for the credit card application form of the  Yes Bank Prosperity Rewards Plus Credit Card. They will provide you with the form and proceed accordingly.
  • Fill the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.
  • Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and pas hotograph.
  • Your application will be processed, and your information will be cross-checked at the bank level.
  • In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.
  • You will receive the  Yes Bank Prosperity Rewards Plus Credit Card by post at the same postal address.
  • Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the Yes Bank Card website, or mobile app or by calling their customer service.
  • You must set your PIN (Personal Identification Number) for security purposes before you can start using your credit card.

Would getting a Yes Bank Prosperity Rewards Plus Credit Card in 2025 be right?

Yes, getting a Yes Bank Prosperity Rewards Plus Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility. 

Yes Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a very good option in 2025.

Conclusion

Yes, the Credit Card can prove to be one of the best credit cards in today’s time, especially for those who are looking for rewards, cashback, and other premium features. Its benefits and reward points not only provide great returns on your spending, but this credit card also gives you access to several additional facilities like airline lounge access, discounts on movie tickets, and fuel surcharge waiver.

However, considering the annual and renewal fees of the credit card, it is important to ensure that the benefits of the credit card are in line with your expenses and lifestyle.

Yes, Credit Card can make your financial life even more convenient and beneficial if you use its benefits properly. Through this credit card, you can not only save money but also get better rewards for your spending.

Frequently Asked Questions (FAQ’s)

Que: What should be the minimum income to get a Yes Bank Prosperity Rewards Plus Credit Card?

Ans: The minimum income details to get a Credit Card are mentioned on the website of the bank. Normally, you require a stable income, and that can increase your chances of getting your credit card application approved.

Que: Is there any annual fee for the Yes Bank Prosperity Rewards Plus Credit Card?

Ans: The annual and renewal fee of Yes Bank Prosperity Rewards Plus Credit Card is ₹499 + GST.

Que: Does Yes Bank Prosperity Rewards Plus Credit Card provide a cashback facility?

Ans: Yes, with this credit card, you will get various reward points besides cashback, which can be redeemed for other rewards.

Que: What benefits does Yes Bank Prosperity Rewards Plus Credit Card offer?

Ans: You get reward points, access to the airline lounge, discounted movie tickets, a fuel surcharge waiver, and travel insurance with this credit card.

Que: Is it possible to apply for the Yes Bank Prosperity Rewards Plus Credit Card online?

Ans: Yes, you can apply for it by browsing the official site of the bank, but apart from that, you may also apply by visiting the nearest branch of the bank.

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