The Prosperity Rewards Plus, provided by the YES Bank, is an exciting option for those who earn more than Rs.25,000 per month. This card comes with many interesting benefits! To know more about them, keep reading!
Features and Benefits
| Features/Benefits | Details |
| Reward Points | 8 Reward Points on every INR 200 on Travel & Dining Spends effective (Capped at 1,500 per statement cycle), 4 Reward Points for every INR 200 on all categories other than ‘Select categories, 2 Reward Points for every INR 200 on Select categories, Accelerated rewards points will continue to be offered on select transactions on YESCART. |
| Annual Bonus Rewards | Earn 12,000 bonus reward points on spending Rs. 3.60 lakh annually. |
| Credit Shield | Secure your online transactions with MasterCard SecureCode or Verified by VISA. |
| Fuel Surcharge Waiver | Get a 1% Fuel surcharge waiver at all fuel stations across India for transactions between INR 400 to INR 5,000. |
| Insurance Coverage | Access a Credit Shield cover in case of accidental death of Primary Cardmember. |
Fees and Taxes
The charges for this card are:
| Fee/Charge | Amount/Rate |
| Joining Fee | Rs. 399 (waived off on spending Rs. 10,000 within 90 days of card activation) |
| Renewal Fee | Rs. 399 (waived off on spending Rs. 50,000 within 12 months prior to the renewal) |
| Interest Rate on Revolving Credit | 3.5% per month (42% annually) on Revolving Credit, Cash Advances and Overdue Amount |
| Interest-free Period | Up to 50 days |
| Cash Withdrawal Limit | 30% of the credit limit |
| Finance Charges/Cash Advance Fee | 3.50% of the amount |
| Overlimit Fee | 2.5% of the over-limit amount (min. Rs. 500) |
| Foreign Exchange Mark-up | 3.40% |
| Late Payment Charges | For balance-Below or equal to Rs. 100- NilFrom Rs. 100 to Rs. 500- Rs. 150From Rs. 501 to Rs. 5,000- Rs. 500From Rs. 5,001 to Rs. 20,000- Rs. 750Above Rs. 20,000- Rs. 1,000 |
| Add-on Card Fee | Nil (up to 3 cards can be issued) |
| Payment Return Charges (Autopay/Cheques) | Rs. 350 per instance |
Eligibility Criteria
If you want to apply for this card, consider the following criteria:
- Income:
- Salaried applicants: Rs. 35,000 per month,
- Self-employed applicants: ITR of Rs. 5 lakh or above.
- Age: 21 to 60 years old.
The demanded documents are:
- Proof of Identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI,
- Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account,
- Proof of Income: The latest one salary slip, Latest Form 16, Last 3 months’ bank statement.