There are so many credit cards available for the customers of the YES Bank. And YES Prosperity Cashback Credit Card is one of them. This card is specially designed for those peoples who like to use their card for their daily uses for Cashback. This card will gives you Cashback for your all bill payments and other purposes. You will also get other benefits such as welcome cashback, additional cashback, fuel surcharge waiver, insurance coverage, foreign currency mark-up, lifestyle benefits, security protection for all online transactions, etc. Lets discuss about the card-
- Age: The applicant should be 21 years old and he/she should not be older than 60 years.
- Citizenship: Applicant should be an Indian.
- Occupation: Applicant should be salaried or self employed.
Applicant should have a good credit score.
Applicant should have a good source of income. Net income should be Rs.25000 per month. And the Income tax return should be Rs.5 lakh or more.
- Identity proofs: Voter card and Aadhaar card, Driving license, passport, Ration card.
- Address proof: Ration card, aadhaar card, electricity bill, telephone bill.
- Income proofs:
For salaried applicants: Last 3 month’s bank statement, salary slip of last 3 months or any document of income.
For self employed applicants: Recent Income Tax Returns, Balance sheets.
- PAN card
Fees: Rs.999 + GST for joining fees
Rs.999 + GST renewal fees.
No add-on card fee. ( for up to 3 cards).
Privileges on YES Prosperity Rewards Plus Credit Card:
- Welcome Cashback: There are some welcome cashback for you if you choose this card. After paying the joining fees you will be able to get this offer.
- If you spend Rs.2500 within 1 month after receiving the card you will get Rs.250 cashback.
This offer is valid for only retail transactions. Cash withdrawals is not applicable.
- Additional Cashback: You will get cashback on your all purchases.
- If you spend on movie ticket bookings you will get 5% cashback. You can get maximum Rs.100 cashback in a statement cycle. To avail this offer you have to transact minimum Rs.500.
- If you spend for grocery shopping you will get 5% cashback. In a statement cycle you can earn maximum Rs.100. You have to make a transaction of minimum Rs.500 to claim this offer.
- If you spend for all other purposes you will get 0.50% cashback. This offer is not applicable on fuel transactions.
- If you spend for bill payments via YES PayNow you will get 5% cashback. The YES PayNow registration should be based on standing instruction to avail this offer.
- Insurance Policy:
- You will get a cover of Credit Shield for accidental death. This is applicable for primary cardholder only.
- Fuel surcharge waiver: You will get freedom from 1% fuel surcharge if you spend at any petrol pump in India. The savings will depend on your spending. To avail this offer you have to transact between Rs.400 to Rs.5000.
You can save maximum Rs.125 per statement cycle. Depending upon your spending the fuel surcharge may vary from 1% to 2.5%.
- Lifestyle Benefits: You will get some awesome offers on travel, dining, wellness, shopping and many more.
- Contactless Card Features: You can transact without contact with the help of NFC Technology. You can use the Card for your daily purchases. For transaction, go to any secure reader and wave your card smoothly.
It is fast and convenient that it is very unnecessary to give your card to anybody for everyday small purchases.
It is very secure. If you transact without contact , the card will always attached in your hand.
- Password protection for Online Transactions: This card is very secure for online transactions.
- Security for IVR Transaction: For IVR transactions you need a OTP. You have to send a SMS from your mobile number which is registered in the Bank. Type YESIVR<space>last 4 digits of the card number and send it to 9212738927.
- Other services: It has also Instant EMI, EMI on call, Quick Loan, YES PayNow, Card Protection Plan etc.
- Instant EMI: There is a key feature available in this card called Instant EMI for your emergency needs.
There is no need of documentation, processing fees.
You can repay in between 3 months to 24 months.
Interest rate 12% per year to 15% per year.
- Card Protection Plan: You can protect your card from losing of card, theft, fraud, and emergency by its CPP Membership. You have to call in CPP’s 24×7 helpline number to report if any fraud or loss occurred.
- Online services: You can pay your bill of the card through Net Banking, ATM Fund Transfer, Standing Instruction, NEFT, IMPS, RTGS, Cheque payment, Cash payment at YES Bank branch, YES mobile App, YES Pay app, YES ROBOT etc.
- Concierge Services: You will get concierge services with this card which is available in 24×7. With this facility you can avail pre-trip assistance, flight booking, hotel reservation, sports and entertainment booking , ordering flowers and gifts for your special one.
- Assistance: If any problems comes to in emergency services, this credit card will help you in your emergency time. Just call at auto assist care. You can avail this offer in this cases-
- Roadside repair
- Emergency fuel service
- Tire services
- Losing of keys
- Battery service
- Emergency towing assistance
- Accident Management and medical assistance. Etc.
- Charges: Finance charge 3.5% per month and 42% per year.
- Cash advance charges 2.5% of advance amount.
- Late payment charges:
- Rs.0 for up to Rs.100
- Rs.100 for Rs.101 to Rs.500
- Rs.400 for Rs.501 to Rs.5000
- Rs.500 for Rs.5001 to Rs.20000
- Rs.700 for Rs.20000 and more.
- Overlimit charges 2.5% of overlimit amount ( minimum Rs.500).
- Rs.350 for returning cheque.
- Rs.100 for requesting duplicate statement.
- Rs.100 for replacement of the card.
- Foreign currency mark-up 3.40%
- Customer Care: For more details you can contact in this 24×7 helpline number 1800 103 1212.
- Rating: 4 stars.
- Final Opinion: If you are searching for a credit card for your daily use you can use the YES Prosperity Cashback Credit Card. This card will help you to get cashback on your every spending on grocery, bill payments, and others. And the other privileges of this card will also help you to save money.