YES Bank Prosperity Rewards / Plus (Renamed to ACE / Discontinued): Reference

Affiliate disclosure. Credit Smart India may earn a referral commission when readers apply through links on this page. Our editorial ratings, comparisons, and analysis stay independent of any commercial relationship — see our editorial policy and research methodology.

YES Bank Prosperity Rewards / Prosperity Rewards Plus (Both Renamed/Discontinued)

YES Bank · Both old products are no longer being issued under their original names
Our score: 7.0 / 10
Prosperity Rewards Plus → renamed to YES ACE
Prosperity Rewards (no Plus) → discontinued for new customers
⚠ Both products discontinued / renamed:
  • YES Prosperity Rewards Plus — this card has been renamed to YES Bank ACE Credit Card. See the current product at arunps.com/yes-bank-ace-credit-card (issuer page yes.bank.in/.../ace-credit-card explicitly states “ACE was previously known as YES PROSPERITY REWARDS PLUS”).
  • YES Prosperity Rewards (without Plus) — per the current YES BANK product page (verified Apr 2026): “Issuance of YES Prosperity Rewards Credit Card for new customers has been discontinued. For existing cardholders, new card will be issued on card expiry.” The card earned 1 RP per ₹200 on Select categories and 2 RP per ₹200 on all other categories, plus a fuel surcharge waiver.

Best for: Reference only — new applicants should look at YES ACE (renamed Prosperity Rewards Plus), YES SELECT (renamed Prosperity Edge), YES Wellness Plus, or YES BYOC instead.

What we like
  • 24 RP per ₹200 (12% headline) on online spends
  • 4 domestic lounge visits a year
  • Low ₹399 fee
  • Wide category: includes grocery apps and travel portals
  • Fuel surcharge waiver
Watch out for
  • Redemption value low at ₹0.15-0.25 per point (effective 2-3% online cashback)
  • 3.5% forex
  • Offline earn modest
  • Catalogue redemption limited

Fees & charges

ItemCharge
Joining fee₹399 + GST
Renewal fee₹399 + GST
Finance charge3.6% p.m.
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Late payment feeUp to ₹1,300

Rewards structure

Earn 24 reward points per ₹200 (0.24 RPM × ₹200 = 48 points headline? No — 24 RP) on online retail. Offline earn is 6 RP per ₹200. Redemption at ₹0.20 per point gives 2.4% online / 0.6% offline cashback.

Key benefits

  • 4 domestic lounge visits/year (DreamFolks)
  • 1% fuel surcharge waiver
  • Welcome ₹500 Amazon voucher on fee payment
  • Annual fee waived at ₹1L spend
  • Interest-free credit up to 50 days

Who the Yes Bank Prosperity Rewards Plus is for

Online shoppers doing ₹15-25K/month on e-commerce. At this volume the 2.4% online cashback easily clears the ₹399 fee.

Final verdict

A quietly strong online-rewards card at a very low fee. Competitive with Axis Flipkart (better offline rates) and SBI SimplyCLICK (similar online focus). Worth holding as secondary online-spends card.

FAQ

Does the 12× apply to all online portals?

Applies to most e-commerce and grocery apps. BillPay, utility and wallet loads fall into offline/capped category.

What is redemption value?

₹0.20-0.25 per point for statement credit / Amazon vouchers. Catalogue products sometimes offer ₹1/point equivalent on select items.

How does it compare with Axis Flipkart?

Flipkart Axis gives 5% direct cashback on Flipkart + Myntra + Swiggy. Yes Prosperity gives 2.4% across ALL online portals. If you shop broadly online, Yes wins; if you're a Flipkart loyalist, Axis wins.

Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.

Leave a Reply

Share your experience with the YES Bank Prosperity Rewards / Plus (Renamed to ACE / Discontinued)

Real cardholder stories help everyone make smarter choices. Tell us about:

  • Approval timeline and credit-line you got
  • Reward redemption — did the math match the marketing?
  • Customer service or app experience
  • Hidden charges, fee waiver triggers that worked or didn't

No login required. Comments are moderated; spam is filtered automatically.

Your email address will not be published. Required fields are marked *