YES Bank has launched the YES Prosperity Cashback Plus credit card which gives the users cashback on all their purchases, besides that users also get welcome benefits. Additional details of the card are given below.
| On this page |
YES Prosperity Cashback Plus Credit Card – Features and Benefits
The features and benefits associated with this credit card are:
Welcome Benefit Get Rs. 250 cashback on spending Rs. 2500 within 30 days of card setup
Cashback Get 5% cashback on Movies, Grocery and Utility Bill Payments. Earn 0.75% cashback on other spends
Fuel Surcharge Waiver Get Fuel Surcharge waiver at all fuel stations in India
Credit Shield In case primary cardholder dies then the bank will forgo the outstanding bill amount on the credit card
Instant EMI Customers can get instant EMI on big ticket purchases
| YES Prosperity Cashback Plus Credit Card | |
| Good For: People who prefer cashback Customers who want fuel surcharge waiver Card Holders who want credit shield | Bad For: People looking for travel benefits Customers who prefer rewards or air miles Cardholders who want concierge service |
YES Prosperity Cashback Plus Credit Card – Fees & Charges
The fees and charges associated with YES Prosperity Cashback Plus credit card are given below:
| Fee/Charge | Amount/Rate |
| First Year Membership Fee | Rs. 1,500 |
| Renewal Membership Fee | Rs. 1,500 |
| 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 Rs. 100- Nil From Rs. 100 to Rs. 500- Rs. 100 From Rs. 501 to Rs. 5,000- Rs. 400 From Rs. 5,001 to Rs. 20,000- Rs. 500 Above Rs. 20,000- Rs. 700 |
| Add-on Card Fee | Nil (up to 3 cards can be issued) |
| Payment Return Charges (Autopay/Cheques) | Rs. 350 per instance |
YES Prosperity Cashback Plus Credit Card – Eligibility Criteria & Documents Required
Eligibility Criteria
Applicants must meet the following criteria if they wish to apply for this credit card.
- Only Indian citizens can apply
- Applicants must be between the age of 21 and 60 years
- Their Net monthly Salary must be Rs. 25,000. In case the applicant is self-employed their Income Tax Returns should be Rs. 5.00 lakh or above
Documents Required
The documents required in order to apply for this credit card 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 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement |
| Proof of Income | Latest one or 2 salary slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement |
FAQs
Who can apply for YES Prosperity Cashback Plus Credit Card?
Indian citizens who are above 21 years of age but below 60 years of age are eligible to apply for this credit card. Also, applicants must be earning a minimum salary of Rs. 25,000 or their Income Tax Returns must be more than Rs. 5.00 lakh.
What is the annual fee on this credit card?
The annual fee for YES Prosperity Cashback Plus Credit Card is Rs. 1500.
What is the cash withdrawal limit on this credit card?
Customers can withdraw up to 30% of their credit limit.
Does this credit card offer Reward Points?
No, only Cash back is earned on this credit card.
