Federal BankThe YES Bank Prosperity Edge credit card comes with exclusive rewards to provide its customers with a prosperous life as suggested by its name. It comes with exciting rewards & offers and many other benefits. Although the YES Prosperity Edge card has advantages over various different categories, it is best suited for people who are more interested in saving through reward points. With a joining fee of Rs. 399, it has some really great key features, such as exciting reward points, spend-based bonus offers, Joining & renewal fee waivers, complimentary travel benefits, fuel surcharge waivers, etc.
The joining fee you pay can be waived off if you spend over Rs. 15,000 within 90 days after receiving your YES Prosperity Edge credit card. A spend-based renewal fee waiver is also provided to the cardholders according to which, the renewal fee will be waived off on spending Rs. 75,000 or more in the previous year. This was just a glimpse of the card & its benefits; to know more, refer to the information given below:
YES Prosperity Edge Credit Card
Fees
Joining Fee
Renewal Fee
Best Suited For
Shopping |
Reward Type
Reward Points
Welcome Benefits
Movie & Dining
8 Reward Points on every Rs. 200 on Dining Spends
Rewards Rate
4 Reward Points on every Rs. 200 spent on all categories except select categories, 2 Reward Points on every Rs. 200 spent on select categories and 8 Reward Points per Rs. 200 spent on dining and travel
Reward Redemption
Reward Points redeemable for movie ticket bookings on YES Rewardz portal at a rate of 1 Reward Point = Re. 0.25 for redemption against hotel/flight bookings, and 1 Reward Point = Re. 0.10 for redemption against gift vouchers, product catalogue, etc.
Travel
1 complimentary domestic lounge access per quarter.
Golf
4 complimentary rounds of green fees every year and 1 complimentary golf lesson each month.
Domestic Lounge Access
You get 1 complimentary domestic lounge access per calendar quarter subject to 2 visits per quarter.
International Lounge Access
You get complimentary international lounge access Priority Pass membership at a charge of USD 27 per person
Insurance Benefits
A cover worth Rs. 50 lakhs for death due to air accident and medical insurance worth Rs 15 lakhs.
Zero Liability Protection
You get a protection liability cover in case of the fraudulent charges, if reported within a stipulated time
Spend Based Waiver
Joining fee waiver on spending Rs. 15,000 or more within 90 days after receiving the card and the renewal fee is waived off on a spend of Rs. 75,000 or more in the previous year.
Rewards Redemption Fee
Rs. 100 on every redemption request.
Rewards Redemption Fee
Rs. 100 on every redemption request.
Foreign Currency Markup
2.75% on all foreign currency spends
Interest Rates
3.8% per month
Fuel Surcharge
1% fuel surcharge waiver at all the fuel stations in India for all the transactions between Rs. 400 and Rs. 5,000.
Cash Advance Charges
3.5% of the amount withdrawn
Add-on Card Fee
Nil
- 15,000 bonus points on spending Rs. 6 lakhs or more in an anniversary year
- 4 Reward Points on every Rs. 200 spent on retail purchases.
- 2 Reward Points on every Rs. 200 spent on other categories such as tax payments, groceries, postal services, etc.
- 8 Reward Points per Rs. 200 spent on dining and travel spends
- Joining Fee of Rs 399 (plus taxes).
- The joining fee is waived off on retail spends of over Rs. 15,000 within 90 days after receiving the card.
- The renewal fee is waived off on spending over Rs. 75,000 on retail purchases in the previous year.
YES Bank Prosperity Edge Credit Card Rewards:
You get 4 Reward Points on every Rs. 200 spent on retail purchases and 2 Reward Points on every Rs. 200 spent on other categories such as tax payments, groceries, supermarkets, postal services, etc. Also, you get 8 Reward Points on every Rs. 200 on Travel and Dining Spends (Capped at 1,500 per month).
Rewards Redemption
1 Reward point = Rs 0.10 for redemption against movies, bill payments, charity, golf, etc 1 Reward Point = Re. 0.25 for redemption against hotel/flight bookings The points can be redeemed through the dedicated website. YES Bank charges a reward redemption fee of Rs. 100.
Milestone Benefits
15,000 Reward Points as a bonus on spending Rs. 6 lakhs or more in one anniversary year.
Travel Benefits
The primary cardholders get 1 complimentary domestic lounge access every calendar quarter across over 30 lounges in India. You also get the complimentary priority pass membership. All the visits will be charged at USD 27+GST per person per visit.
Golf Benefits
You get 4 complimentary green fees per calendar year at selected golf courses in India.
Moreover, you get 1 complimentary golf lesson per calendar month.
Insurance Benefits
You get life insurance coverage worth Rs. 50 lakhs in case of accidental air death. A medical insurance cover worth Rs. 15 lakhs is provided in case of emergency hospitalization when traveling overseas. Credit shield cover is provided for accidental air death of the primary cardholder.
Other Benefits
Other than all the benefits mentioned above, the YES Prosperity Edge credit card also provides you with various other exciting offers. You get 500 reward points on each successful YES PayNow registration.
Moreover, you can avail of great offers on travel, dining, shopping, etc in selected Indian cities. Along with being beneficial across various categories, the YES Prosperity Edge credit card is enabled with contactless technology and secured payments at all retail outlets.
Joining and Renewal Fee Waiver
The joining fee is waived off on spending over Rs. 15,000 within 90 days after receiving the card. The renewal fee is waived off on spending over Rs. 75,000 in the previous year.
Eligibility Criteria
| Salaried Employees | Self-Employed Individuals | |
| Age | 21 Years to 60 Years | 21 Years to 60 Years |
| Income | Minimum Rs. 60,000 per month | Minimum Rs. 7,20,000 per annum (as per ITR) |
Conclusion
The YES Bank Prosperity Edge card can be considered a good option for people who want a credit card with great reward programs and even more exciting benefits. If you are one of such people, you can go with the card as it gives you an amazing opportunity to save something on various categories of your purchases.
Not only this, but it also offers you travel & golf benefits, which can give you even more strong reasons to have this card if you love traveling and golf. But, the most important thing here is to understand your requirements and make decisions according to them because a good credit score is what really matters a lot. And you can maintain it best with a credit card that suits you best.
FAQs:
The joining fee of your YES Prosperity Edge credit card can be waived off if you spend Rs. 15,000 or more within 90 days after receiving the card.
You get 4 Reward points on every spend of Rs. 200 on retail purchases, and 2 Reward points on every other spend, such as tax payments, postal services, groceries, supermarkets, etc.
No, the YES Prosperity Edge credit card doesn’t provide any welcome benefits.
It provides you 4 complimentary rounds of green fees every year at selected golf courses in India and 1 complimentary golf lesson each month.
The interest rate on the YES Prosperity Edge credit card is 3.6% per month.
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