YES PROSPERITY Business Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

The markup fee for foreign currency is 2.50%. If you spend Rs. 6 Lakhs or more annually, you will receive 10,000 Reward Points. For every Rs. 200 spent, you will receive 4 Reward Points in all categories. In select categories, you will receive 2 Reward Points for every Rs. 200 spent. You will have access to 3 international lounges outside of India per year. You will also have access to 1 domestic lounge per quarter. You will receive a complimentary golf lesson every month. There is an air accidental cover of up to Rs. 50 lakh, medical emergency cover up to Rs. 15 Lakh, and more. You will receive a 1% fuel surcharge waiver at fuel stations in India.

The YES PROSPERITY Business Credit Card is a great option for individuals who frequently travel and shop.

With a joining fee of Rs. 399 (plus applicable taxes) and a renewal fee of Rs. 399 (plus applicable taxes), this card offers a range of benefits and rewards.

For every Rs. 200 spent on all categories (except select categories), cardholders earn 4 Reward Points.

Additionally, for every Rs. 200 spent on select categories, cardholders earn 2 Reward Points.

These Reward Points can be redeemed for a variety of options including merchandise, gift vouchers, and air miles.

One of the standout features of this card is the complimentary domestic as well as international airport lounge access.

Cardholders can enjoy 1 complimentary domestic lounge access per quarter (for VISA Cardholders) and 3 complimentary international lounge access per year at airports outside India.

This is a great perk for frequent travelers.

Another benefit for VISA Cardholders is the waiver of green fee at select golf courses, along with 1 complimentary golf lesson every calendar month.

This is a unique feature that golf enthusiasts will surely appreciate.

In terms of insurance benefits, this card offers Air Accidental Insurance, Medical Insurance Cover, and Accidental death cover.

This provides peace of mind and protection for the cardholder and their loved ones.

The YES PROSPERITY Business Credit Card also offers spend-based waivers.

By spending Rs. 25,000 within the first 90 days from card activation, cardholders can have their first year membership fee waived off.

Additionally, by spending Rs. 1,00,000 in the card anniversary year, cardholders can get a waiver on the renewal fee for the subsequent year.

While the card offers many benefits, it's important to note that there is a rewards redemption fee of Rs. 100 and a foreign currency markup fee of 2.5% of the transaction amount.

The interest rate is 3.50% per month (42% p.a.), which is on the higher side.

For fuel purchases, there is a 1% fuel surcharge waiver valid for transactions between Rs. 400 to Rs. 5000.

The maximum surcharge waiver in a statement cycle is Rs. 500.

Overall, the YES PROSPERITY Business Credit Card is a great choice for individuals who frequently travel and shop.

With its generous rewards program, complimentary lounge access, golf benefits, and insurance coverage, it offers great value for its joining and renewal fees.