Offered by the YES bank, the YES Prosperity Rewards Plus Credit Card is a credit card facility that does not only come with the usual conveniences of using a credit card, but it also comes with opportunities to earn lots of points in reward. This card has many amazing offers when you make purchases at groceries and a variety of retail outlets. You also get an opportunity to save on fuel by getting fuel surcharge waivers among other benefits.
Rewards and Benefits
Reward points – YES Prosperity Rewards Plus Credit Card has a generous and exciting reward program perfect for its new and old users. For every INR 200 spent on certain categories that are selected, you earn 2 reward points. To see the selected categories visit the YES Bank website.
For every INR 200 spent on other categories other than the selected categories, you are awarded 4 points. These accelerated reward points are valid only for goods bought in retail. It does not apply to fuel purchases, priority passes and lounge key charges, cash advance fees, or instant EMI transactions. You can continue to earn accelerated rewards on selected transactions on the YESCART.
You will get 8 points for every INR 200 spent on travel and dining. These accelerated reward points are capped at 1,500 per statement cycle. Upon registration for YES PayNow, You will be gifted a complimentary 500 reward points. These points are redeemable against a gift catalog. When you redeem, 1 point is valued at INR 0.25.
You can also redeem for Air Miles, whereby 10 points equal 1 InterMile. Your points earned have no expiry date. The Reward Points you have earned from the YES Prosperity Rewards Plus Credit Card can be redeemed on the YES Bank official website. 1 InterMile = 10 reward points.
Insurance Cover – You are provided with a credit shield cover in the event of the accidental death of the main cardholder. Fuel Surcharge Waiver – In case you make transactions valued between INR 400 and INR 5000, you will get a Fuel Surcharge Waiver up to a maximum of INR 125 waiver per month. Fuel surcharge may vary from 1% to 2.5% of the amount spent on a given transaction.
This rate depends on the fuel retail outlets and their acquiring banks. Fee Waivers – If you spend at least INR 10,000 in a period of 90 days starting from the day the card is set up, the INR 399 membership fees for the first year will be waivered. For the subsequent years, in case you happen to spend INR 50,000 in a period of 12 months starting from the date of the renewal, the INR 399 renewal membership fee will be waived off.
Preferential Foreign Currency Markup – preferential foreign currency markup of 2.75% only. Yearly Bonus – in case you make expenditures amounting to or more than INR3.6 lacs during an anniversary year you will earn 12,000 bonus points. You will only get this bonus if the expenses are made on retail buys only.
Who is Eligible for the YES Rewards Plus Credit Card?
To be considered for the Prosperity Reward Plus Credit Card, you need to be a minimum of 23 years old, but you must not have exceeded 60 years of age. You are expected to earn a minimum net income of INR 30,000 per month, or you must be filing income tax returns that exceed or amount to INR 5 Lacs. YES Prosperity Rewards Plus Credit Card is available for the salaried as well as the self-employed. It is also available against a Fixed Deposit of INR 30,000 and above. To apply, visit any YES Bank branch near you.
How to Make Payment on the Card
You can pay your credit card dues through Net Banking. You can pay from a debit card or another credit card using Billdesk. Using ATM fund transfer. Make cash or cheque payments. Make payments from another bank using NEFT. You should take a minute to consider this card, it might just be what you are looking for.
Why should you get the YES Reward Plus Credit Card
The YES Reward Plus Credit Card gives you all the conveniences that come with using a reliable credit card as well as other benefits. It has a generous reward program that allows you to earn lots of reward points for your purchases. With a first-year registration fee of INR 399 and a similar amount in the annual renewal fees, this card is fairly pocket friendly. If you are a frequent traveler or you happen to dine out a lot, this card offers accelerated reward points that will allow you to earn maximum benefits from it.
Conclusion
The top attractions of The YES Prosperity Reward Plus Credit Card are the accelerated points you earn in rewards and the waivers on fuel surcharge. But this card comes with many other benefits including insurance coverage, and lifestyle benefits such as travel, dining, shopping, wellness, and more. With its considerably low entry fees and maintenance fees, this could easily be a welcome addition to your wallet.
