The Prosperity Cashback Credit Card from Yes Bank is a simple card which offers a range of benefits to cardholders. Affordable and easy to use, it ensures that one saves money each time this card is used. A simple application process coupled with a zero documentation policy make this a card which can be yours without any hassle.
Benefits of Yes Prosperity Cashback Credit Card
Some of the major benefits of owning this credit card are:
Cashback – Cardholders are entitled to a cashback ranging between 0.75 and 5% of the amount spent, depending on where they use this card. This is in addition to the Welcome Cashback.
Revolving credit preferential rate – Cardholders who opt for revolving credit are eligible to special interest rates, ranging from 2.4% per month to 3.22% per month.
Foreign currency markup – A special markup of 3.4% on international currency is provided.
Fuel waiver – The surcharge on fuel is waived when cardholders use this card at petrol stations across the country.
Features of Yes Prosperity Cashback Credit Card
Some of the defining features of Yes Prosperity Cashback Credit Card are:
Safety – All transactions done using this card are safe and secure, thanks to MasterCard’s SecureCode.
Flexible repayment tenures – Expensive purchases can be repaid by EMIs, with the period ranging between 3 months and 2 years.
Competitive interest rates – The interest rate ranges between 12% p.a. and 15% p.a.
Processing fee – Yes Bank does not charge any processing fee for this credit card.
Eligibility criteria for Yes Prosperity Cashback Credit Card
Interested applicants are expected to satisfy these basic criteria:
An applicant should earn a minimum of Rs.5.5 lakh per year.
An applicant should be at least 21 years old. The upper age limit is 60 years.
An applicant should either be salaried or self-employed.
Individuals need not worry about the documentation, for Yes Bank follows a Zero Documentation Policy for this credit card.
How to apply
Eligible individuals can apply through the official website of Yes Bank. They can also visit a local branch of the bank and complete necessary formalities.
Fees and other charges
First year fee (membership)
Renewal fee (membership)
Is the fee inclusive of taxes?
No, the fee mentioned here is exclusive of taxes. Cardholders will be expected to pay the applicable taxes each year.
Does this credit card earn cashback each time it is used?
Cardholders will earn a cashback on all retail spends, except when they use the card to pay for fuel. Cashback is highest for movie tickets, bill payments, and grocery shopping.
What is the preferential markup on foreign currency?
The preferential markup on foreign currency is currently 3.4%.
Is there a maximum limit on the fuel surcharge waiver?
Yes, cardholders can avail fuel surcharge waivers upto a maximum of Rs.125 in a statement cycle.
Is there a minimum spend limit set in place in order to earn cashback?
Yes, a cardholder needs to spend a minimum of Rs.500 in order to be eligible for the 5% cashback.
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I have Yes bank credit card which was taken through online .I am not sure about reward points .The credit limit was more than enough .There are movie ticket offers and discounts on shopping ,airport lounge access are there for domestic as well as international but i have used for domestic purpose.
From YES , they given a free credit card and also they given a less credit limit, need to increase the limit. Documentation was good, executive collected the documents. I am getting movie ticket offer which haven't tried. The Lounge benefits is also applicable.
I have applied Yes bank credit card through online, there is no specific reason to opt for it. The credit limit offered from bank is quite good around 1.6L. Customer support is easy to connect with executive and very response the issue get resolved on time. I am not getting much benefits in this card. I will close this card soon.
I have limit of Rs. 2.5 lakhs in my existing card but when i applied YES bank card , they said they will be providing my existing card limit but they have provided me only Rs. 30,000 due to this issue, I am planning to close this card. Since a life time free card so that i have selected this card.
I have chosen this credit card for zero joining fee and annual fee from YES bank but they have not provided much details about the card. Its a life time free credit card. For every Rs. 100 if I spent, i get 3 reward points. I have received the first month statement and its clear to understand.
I am happy with the credit limit which is decent one with YES bank. Overall I am happy with the services. I received the call twice from bank for EMI conversion but I am not interest in it. The annual charges will be waived on spend of specific amount.
YES bank is a life time free card and without informing to the customer, they will not take any charges. They have provided me a credit limit of Rs. 38000. I'm receiving rewards points any way i use this card on a emergency basis. I don't get any offers on Amazon and Flipkart. If they are giving more offers, it would be fine.
I have taken YES bank credit card through online and I am using this card more than a year. It is a life time free card, credit limit as of now 22k, if possible i can take more also. The customer service is really super and i applied directly through bank . I am getting all benefits like rewards, book my show,fuel wavier option.
I never called the customer care service of YES bank. So far I never missed any bill payment. In this card, I get a complementary lounge access in Airport so that I opted for this card. I get Quarterly 3 times for domestic and international to access the lounge facility in airport. There is no yearly charges for this card.
I have applied a YES credit card through online. Documentation process was very simple i did manually and i received this card within a week.This is a life time free card and i am happy with the credit limit.Customer service and response was good.
I have applied a credit card with YES bank through online. At initial they had committed wrong details about credit limit applicable of up to 3L, once all the verification done and received a card mentioned limit of only 61K. Regarding this issue raised a complaint to banker but not yet resolved. It is annual fee chargeable of 500 rupees but I can waiver off if I spend 50K within a year. They have given good offers to use in airport lounges.
Using YES bank for almost past 3 years. Compared to other credit cards, there is no much benefits. I'm using this card simply. They have given me a very less limit while i differentiate with other cards. There is no annual fee which is the main benefit of the card. I can convert my purchase into EMI. Its quite difficult to contact the customer care service for any kind of statement related queries.
I have applied YES credit card through online. Documentation process was very smooth and it was collected by the executive. I received this card within 10 days. Customer service and response was good. I am not sure about the annual fee and interest rate.
When i was searching for one more credit card for the medical purpose like in case of emergency so i took the card from YES BANK Since its a life time free credit card. I have not used the card totally till now but anyway I'm not happy about the limit of Rs. 35000 but they said i will get limit more than a lakh. I have not got any kind of welcome gift as well.
I have applied YES credit card though online This is a life time free card and i am very much happy with the credit limit Rs. 35,000. Documentation process was simple, executive collected the documents. Customer service and responsiveness was okay.
I opted for YES bank credit card as it is a life time free credit card and no joining fee. I applied through online and the process took more than 15 days. Bank offered with the limit of Rs.45K, which is not sufficient. EMI conversion and balance transfer options are available. Depends on the purchase, I use to get reward points.
I applied for YES BANK credit card through online on card to card basis. I had some issue with documentation, so it delayed to process the application. Credit limit offered from bank is too low, it need to be increased. I get 25% discount on book my show on all booking. It is a life time free credit card.
I applied for YES BANK credit card through online and received the card with in 15 days. I have a credit limit around 1.6L which is sufficient as of now. It is a life time free credit card. I have not received any acknowledgement call or notification from bank for further usage.
There is no joining fee and there is no annual fee thats the reason i have chosen YES bank credit card and i can use the card everywhere. They have given me a credit limit of Rs. 45000 which is less when i asked them to increased the same they said that based on my usage they will increase in future. They have informed me about so many benefits like i get a airport launch access in domestic airport and reward points, cashback which i need to check.
I required a different card from different bank and this was fulfilled by YES bank credit card. Its a free of cost and there is no need to pay any annual charges. Till now i have not used the card much and i have done only one transaction so far. They have given me a credit limit of Rs. 50000. I got a message on my registered number and mail id regarding the statement.