YES Prosperity Cashback Plus Credit Card
The YES Prosperity Cashback Plus does one thing well and does not pretend otherwise — 5% cashback on utility bills paid via an auto-pay standing instruction registered with YES Bank, capped at ₹100 a statement cycle. Without auto-pay, utilities earn the 0.75% base capped at ₹750 a cycle — and once utility spends cross ₹15,000 in a cycle they earn no cashback at all. It is a focused bill-payment tool for the household with regular electricity, water, gas and broadband bills, with 5% on grocery and movies (capped ₹100/cycle), a 0.75% base and a fuel surcharge waiver, for a ₹1,499 fee that is NOT waivable on spend (per YES Bank MITC). Everything else is minor; pair it with a stronger card for general spend and accept the usual YES Bank trade-offs. Availability: YES Bank has closed the Prosperity series to new customers, so this page is a reference for existing holders — who keep their benefits — not an application route.
Key features
What this card is built to do — the highlights that actually matter.
5% on Groceries
5% on grocery and movies (capped ₹100/cycle)
5% on Utility Bills
5% only with an auto-pay standing instruction registered with YES Bank, capped ₹100/cycle; without auto-pay, utilities earn the 0.75% base capped ₹750/cycle; no cashback at all once utility spends cross ₹15,000 in a cycle
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Groceries | cashback | 5% | ₹100 |
| Utility Bills | cashback | 5% | ₹100 |
| Other | cashback | 0.75% | — |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,769 |
| Joining fee (incl. 18% GST) | ₹1,769 |
| Finance charge (APR) | 3.99% p.m. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹100 |
| Reward redemption fee | ₹100 |
Perks & benefits
Estimated annual value beyond rewards — ~₹600/yr in total.
fuel waiver ~ ₹600 /yr
1% fuel surcharge waiver on fuel transactions between ₹500 and ₹3,000, capped at ₹100 a month; no waiver on UPI fuel transactions
Should you get it?
Best for: Existing holders wanting simple statement-credit cashback, Users paying ₹2,000+/month in utility bills by auto-pay (fills the ₹100/cycle cap), YES Bank account holders wanting a basic rewards card
Mid tier — a solid all-rounder for steady monthly spend.
Strongest value if you spend heavily on Groceries ( 5% back).
✓ Pros
- 5% cashback on utility bills on auto-pay — highest in its fee tier
- Straightforward cashback credited to statement — no portals or vouchers
- Existing holders keep the card — a renewal is issued on expiry
✕ Cons
- Monthly caps limit total cashback earnings — utility 5% capped ₹100/cycle, and utility spends over ₹15,000 a cycle earn no cashback at all
- The utility 5% needs an auto-pay standing instruction registered with YES Bank — manual bill payments earn only the 0.75% base (capped ₹750/cycle)
- Annual fee of ₹1,499 is NOT waivable on spend (per YES Bank MITC)
- YES Bank levies a 1% + GST transaction fee on utility spends once they cross ₹25,000 in the previous month, and on individual fuel transactions above ₹10,000
- 0.75% base rate on non-utility spending is below average
- YES Bank has fewer co-brand partnerships than HDFC, SBI, or ICICI
Eligibility & documents
Min. income
₹25,000 /mo
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Statement credit Direct cash adjustment — no conversion
The concern It is a single-purpose utility card — the 5% needs an auto-pay standing instruction and caps at ₹100/cycle (utility spends over ₹15,000 a cycle earn nothing), the base is 0.75%, and YES Bank has closed the Prosperity series to new customers — a reference for existing holders, and do not expect value beyond bill payments.
The bottom line
This card operates as a specialized utility payment vehicle: earning 5% back on recurring bills via an automated standing instruction provides tangible value in a spending category frequently excluded by modern credit cards. However, the restrictive ₹100 monthly cap, the 0.75% (capped at ₹750) fallback on non-automated payments, the ₹15,000 total monthly utility ceiling, and a mandatory non-waivable ₹1,499 annual fee together constrain its financial upside. For broad everyday expenditures, cardholders should rely on more robust alternative products. Since YES Bank has closed the Prosperity lineup to new applications, this analysis remains an informational guide for existing account holders.
Sources & verification
Fees, reward rates, and benefits for the YES Prosperity Cashback Plus Credit Card are taken from YES Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 7 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for YES Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2024 · 2 changes · last change Jun 2026
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2026 1 change — 1 cut
▼ Fee Effective 15 Jun 2026
Forex markup raised to 3.50%; fuel-waiver band narrowed
3.40% forex; waiver on fuel transactions of ₹400–₹5,000 → 3.50% forex; waiver on ₹500–₹3,000 (cap ₹100/cycle unchanged; no waiver on UPI fuel)
Effective 15 June 2026 the foreign-currency markup on the Prosperity Cashback family rose from 3.40% to 3.50%, and the 1% fuel-surcharge waiver's qualifying band narrowed from ₹400–₹5,000 to ₹500–₹3,000 per the master MITC. The card's own page footnotes date the old figures. The ₹100-per-cycle waiver cap is unchanged, and UPI fuel transactions get no waiver.
Verification: YES Bank ↗ · Confidence: High
2024 1 change — 1 cut
▼ Fee Effective 1 Dec 2024
Finance charges raised to 3.99% per month
3.99%/month (47.88% p.a.)
YES Bank moved its mainstream card range to a 3.99% monthly finance charge (about 47.88% annualised) effective 1 December 2024; both Prosperity Cashback cards sit in the MITC's "Other Credit Cards" band, and their pages state the rate verbatim.
Verification: CardAdvisor Research · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: YES Prosperity Cashback Plus Credit Card value timeline — CardAdvisor
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Quick summary
Type Mid credit card
Reward rate 0.75%–5%
Best for Existing holders wanting simple statement-credit cashback
Joining fee ₹1,499
Annual fee ₹1,499
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 7 Aug 2026
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