YES Prosperity Cashback Plus Credit Card Review

This card offers cashback rewards of 0.75% on retail purchases, 5% on groceries and movie tickets, and 5% on utility bill payments made through YES PayNow. In addition, if you spend Rs. 2500 in the first month, you'll receive a Rs. 250 cashback. Plus...

YES Prosperity Cashback Plus Credit Card Review


General Information

Our Rating: 7.8/10

Joining Fee: Rs. 1,499 + GST

Annual Fee: Rs. 1,499 + GST

Best For: Shopping

Rewards and Benefits

Type of Rewards: Reward Points

Welcome Offers: A cashback of Rs. 250 on spending Rs. 2500 within the first 30 days.

Entertainment and Dining: NA

Shopping Perks: 0.75% cashback on all retail spends, 5% cashback on movies & groceries.

Travel Benefits: NA

Domestic Lounge Access: NA

International Lounge Access: NA

Golf Benefits: NA

Insurance Coverage: Credit shield cover in case of death of the primary cardholder

Fees and Charges

Waiver on Spend: NA

Redemption Fee: Rs. 100 on every redemption request

Foreign Transaction Fee: 3.4

Interest Rate: 3.5% per month

Fuel Surcharge Waiver: 1% fuel surcharge is waived off for all transactions between Rs. 400 & Rs. 5,000.

Cash Advance Fee: 2.5% of the withdrawn amount or Rs. 300 (whichever is higher).

Summary

You receive a cashback of 0.75% on all your retail purchases. You receive a cashback of 5% on all your expenses related to groceries and movie tickets. You receive a cashback of 5% on utility bill payments made through YES PayNow. If you spend Rs. 2500 within the first 30 days, you will receive Rs. 250 cashback. Enjoy attractive deals on travel, shopping, dining, wellness, and more through Yes Privileges.

Our Review

The YES Prosperity Cashback Plus Credit Card is a suitable option for avid shoppers.

With a joining fee of Rs. 1,499 + GST and a renewal fee of Rs. 1,499 + GST, this card offers a range of benefits that make it worth considering.

One of the major highlights of this card is its reward type, which is Reward Points.

This means that every time you make a purchase, you will earn reward points, which can be redeemed later.

Additionally, there is a welcome benefit of a cashback of Rs. 250 on spending Rs. 2500 within the first 30 days.

When it comes to shopping, this card truly shines.

It offers a cashback of 0.75% on all retail spends, making it quite rewarding for those who frequently shop.

Moreover, it provides 5% cashback on movies and groceries, ensuring that your entertainment and grocery expenses are also covered.

Moving on to other aspects, this card does not offer any benefits specifically for movies, dining, travel, domestic lounges, international lounges, or golf.

However, it does provide a credit shield cover in case of the primary cardholder's death, ensuring that their family is protected.

It is important to note that there is a rewards redemption fee of Rs. 100 on every redemption request.

Additionally, a foreign currency markup of 3.4% is applicable to all foreign currency spends.

The interest rate for this card stands at 3.5% per month.

When it comes to fuel surcharge, the YES Prosperity Cashback Plus Credit Card provides a waiver of 1% for all transactions ranging from Rs. 400 to Rs. 5,000.

This can result in significant savings on fuel expenses.

For cash advances, the card charges 2.5% of the withdrawn amount or Rs. 300 (whichever is higher).

This is an important aspect to consider if you anticipate the need for cash advances in the future.

In conclusion, the YES Prosperity Cashback Plus Credit Card offers attractive benefits for shoppers with its cashback offers and reward points.

While it may not provide specific benefits for movies, dining, travel, or lounges, it does offer a credit shield cover for the primary cardholder's family.

Overall, it is a card worth considering for those who prioritize shopping benefits.

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