If you hold this card: You keep the card and its 5% cashback on groceries, movies and utility bills (within the ₹100-per-cycle cap), and YES Bank issues a new card on expiry — there is no forced conversion. Only new applications are closed.
YES Bank’s own product page for this card now carries the notice: “Issuance of YES Prosperity Cashback Credit Card for new customers has been discontinued. For existing cardholders, new card will be issued on card expiry.” The same banner sits on the ₹1,499 Prosperity Cashback Plus, so both tiers of the Prosperity cashback line are closed. YES named no successor; its current lineup (MARQUÉE, RESERV, ELITE+, SELECT, ACE) is where new applicants are steered.
In-depth review
YES Prosperity Cashback Credit Card
Closed to new customers: YES Bank has discontinued issuance of the Prosperity Cashback (existing holders get a renewal on expiry), so this is a guide for holders. It was the ₹999 base of the Prosperity cashback line — 5% back on groceries, movies and utility bills, 0.5% elsewhere. The limits defined it: two separate ₹100-per-cycle caps (one for groceries and movies, one for auto-paid utilities), and per YES Bank's MITC the fee was never waivable on spend.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
5% on Groceries
5% on groceries and movie tickets, capped ₹100/statement cycle (its own cap, separate from the utility one); transactions over ₹500 earn the 5% — below that, the 0.5% base applies
5% on Utility Bills
5% on utility bills paid by auto-pay standing instruction, capped ₹100/cycle (separate from the grocery-movie cap); manual payments earn the 0.5% base capped ₹750/cycle; no cashback once utility spends cross ₹15,000 in a cycle
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
💰 CASHBACK STRUCTURE
How much you earn back on each type of spend — no points math required.
5.0%
grocery cashback
0.5%
Base rate (all other spends)
₹100
Monthly cap (accelerated)
- 5.0% cashback on grocery
- 0.5% on all other spends — no restrictions
- Accelerated cashback capped at ₹100/month
Existing holders who reliably fill the twin ₹100/cycle caps on groceries, movies and auto-paid utility bills and like the simplicity of statement-credit cashback. New applicants cannot get it — YES has stopped issuing it.
Full reward structure
What you earn on every rupee, per spend category — as of 24 Oct 2026.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Groceries | cashback | 5% | ₹100 |
| Utility Bills | cashback | 5% | ₹100 |
| Other | cashback | 0.5% | — |
Groceries: 5% on groceries and movie tickets, capped ₹100/statement cycle (its own cap, separate from the utility one); transactions over ₹500 earn the 5% — below that, the 0.5% base applies
Utility Bills: 5% on utility bills paid by auto-pay standing instruction, capped ₹100/cycle (separate from the grocery-movie cap); manual payments earn the 0.5% base capped ₹750/cycle; no cashback once utility spends cross ₹15,000 in a cycle
Other: 0.5% cashback on other retail spends (fuel excluded)
Earns nothing on: Fuel · Rent · Wallet Loads · Government & Tax · EMI Conversions · Cash Advances
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 24 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,179 |
| Joining fee (incl. 18% GST) | ₹1,179 |
| Finance charge (APR) | 3.99% p.m. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹100 |
Perks & benefits
Estimated annual value beyond rewards — ~₹600/yr in total.
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 who fill the twin ₹100/cycle caps on groceries and auto-paid bills
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on Groceries (5% back).
Pros & cons
✓ Pros
- 5% cashback on groceries, movies and utility bills (within the caps)
- Simple statement-credit cashback — no points or vouchers to manage
- Fuel surcharge waiver on everyday refuelling
- Existing holders keep the card — a renewal is issued on expiry
✕ Cons
- Closed to new customers — YES Bank has discontinued issuance
- Cashback capped at ₹100 per statement cycle in each 5% bucket — about ₹200 a month at the very best
- The utility 5% needs an auto-pay standing instruction, and utility spends over ₹15,000 a cycle earn nothing
- Annual fee of ₹999 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
- 0.5% base rate on non-bonus spends is below average
Eligibility & documents
This is the figure for salaried applicants. Where YES Bank sets a separate one for the self-employed, its own eligibility page gives it.
Documents required
- 📄PAN card
- 📄Aadhaar / address proof
- 📄Income proof (salary slips or ITR)
- 📄Passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Cashback credited directly as statement credit against eligible spends
- 🎁No points, portals or vouchers to manage
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Direct cash adjustment — no conversion
Closed to new customers — and even for holders, cashback is capped at ₹100 per statement cycle in each 5% bucket (about ₹200 a month at the very best) against a ₹999 fee that is not waivable on spend, so the card barely clears its own cost.
Frequently asked questions
Can you still apply for the YES Prosperity Cashback?
How much cashback does the base Prosperity Cashback pay?
Is there a cashback cap?
Can the annual fee be waived?
How is this different from the Cashback Plus?
How has the YES Prosperity Cashback Credit Card changed over time?
Has the YES Prosperity Cashback Credit Card been devalued recently?
When did the YES Prosperity Cashback Credit Card's fees last change?
The bottom line
The base Prosperity Cashback did one modest thing: 5% back on groceries, movies and utility bills, paid as straightforward statement credit. The twin ₹100-per-cycle caps — one for groceries and movies, one for auto-paid utilities — kept the upside small (about ₹2,400 a year at the very best), the 0.5% base was weak, and — per YES Bank's MITC — the ₹999 fee was not waivable on spend, so even filling both caps every month only cleared the fee by a modest margin. That maths is now academic: YES Bank has discontinued issuance to new customers, and existing holders simply get a renewal on expiry. Anyone shopping for a bills-and-grocery cashback card today should look elsewhere — a lifetime-free everyday cashback card such as the [Axis ACE](/cards/axis-ace) does the same job without a fee to earn back.
How this page was built
Counted from this card’s own record: 3 earn rules, 2 of them capped, the spends listed as earning nothing and 1 recorded perk.
Last updated 24 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the YES Prosperity Cashback Credit Card are taken from YES Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 24 Oct 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.
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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 · last change Jun 2026
2026
- ▼ FeeEffective 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
- ▼ FeeEffective 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: <a href="https://cardadvisor.in/cards/yes-prosperity-cashback-base#value-timeline">YES Prosperity Cashback Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).