YES Bank SELECT Credit Card Review (formerly Prosperity Edge)
The YES Bank SELECT — the card you may know as Prosperity Edge — is a mid-tier rewards card that earns on everyday retail spends, including categories many cards exclude (utilities, tax, education, insurance), and layers on lifestyle perks: quarterly lounge access, golf, a movie BOGO offer and a sizeable annual milestone bonus. Here is the verified review with current 2026 numbers.
- Earns on usually-excluded categories: utilities, tax, education, insurance
- 15,000 bonus reward points on ₹6 lakh annual spend
- Both joining (₹10k/30 days) and renewal (₹1L/year) fees easily waived
- 1 complimentary domestic lounge visit per quarter (on ₹50,000 spend in the previous quarter)
- Golf benefits (4 green fees/year + monthly lesson) and movie BOGO
- Purchase protection on electronics bought online
- Rewards are points, not direct cashback — redemption value varies
- No international lounge access
- Lower 2x rate on non-retail categories
- ~3.5% forex markup
- Milestone bonus needs a healthy ₹6 lakh/year spend to unlock
- Branding shuffle (Prosperity Edge → SELECT) can confuse
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹599 + GST (waived on ₹10,000 spend within 30 days) |
| Renewal fee | ₹599 + GST (waived on ₹1 lakh spend in previous year) |
| Retail rewards | 4 RP per ₹200 |
| Other categories (utilities, tax, groceries, education, insurance) | 2 RP per ₹200 |
| Milestone bonus | 15,000 RP on ₹6 lakh annual spend |
| Forex markup | ~3.5% |
| Fuel surcharge waiver | 1% (per current schedule) |
Eligibility & documents
Age
21 to 60 years
Income
Salaried/self-employed per YES Bank norms
Recommended CIBIL
~750+ improves approval odds
Network
Visa / Mastercard
Reward validity
Points expire per YES Bank policy — redeem regularly
Documents
PAN, Aadhaar, income proof, address proof
Rewards structure — the real math
- Retail spends: 4 RP per ₹200 (≈ 2 RP per ₹100).
- Other categories: 2 RP per ₹200 on utilities, tax payments, groceries, supermarkets, education, insurance — categories many cards earn nothing on.
- Milestone: 15,000 bonus RP on ₹6 lakh annual spend. On a ₹50,000/month spend, that bonus alone adds meaningful value on top of base earning.
Worked example: spend ₹50,000/month (₹6 lakh/year), say ₹35,000 retail + ₹15,000 in other categories. Retail earns 35,000/200 × 4 = 700 RP/month; other earns 15,000/200 × 2 = 150 RP/month — about 850 RP/month, ≈ 10,200 RP/year, plus the 15,000 milestone bonus = ~25,200 RP. At a typical ~₹0.25/point redemption that is roughly ₹6,000+ a year against an easily-waived fee — a respectable return for a mid-tier card.
Key benefits beyond rewards
- Lounge: 1 complimentary domestic lounge visit per calendar quarter, unlocked by ₹50,000 spend in the previous quarter.
- Golf: 4 complimentary green fees per year at select courses + 1 golf lesson per month.
- Movies: BOGO — up to ₹150 off the second ticket, once per calendar month.
- Purchase protection for mobiles/electronics bought online (accidental damage cover ~6 months).
- Fuel surcharge waiver and wide Visa/Mastercard acceptance.
Usage terms & fine print
Fee waiver
Joining: ₹10k in 30 days. Renewal: ₹1L/year.
Lounge
1 domestic/quarter (needs ₹50,000 prior-quarter spend).
Milestone
15,000 RP at ₹6L annual spend.
Movie BOGO
Up to ₹150 off 2nd ticket, once/month.
Golf
4 green fees/year + 1 lesson/month.
Forex
~3.5% markup.
Compared with alternatives
YES Bank ACE
YES Bank’s cashback-focused card — simpler flat value if you prefer cashback over points.
Axis ACE
5% on bills + flat 1.5% cashback and lounge — strong everyday rival.
SBI SimplyCLICK
10X on online partners — better for heavy online shoppers.
HDFC Millennia
5% cashback on top merchants + lounge — popular mid-tier alternative.
SELECT’s edge is earning on excluded categories (utilities, tax, education) plus the milestone bonus and lifestyle perks. If you want straightforward cashback, ACE-type cards are simpler; SELECT rewards those who will use the points, lounge and milestone.
Who this card is for
- Best fit: mid spenders (₹40k–₹50k/month) who will hit the ₹6 lakh milestone.
- Best fit: people who pay utilities, education or insurance on card and want those to earn.
- Skip if: you prefer cashback to points, or need international lounge access.
How to apply & how to cancel
Apply: via yes.bank.in or the YES Bank app. Existing Prosperity Edge holders were auto-transitioned to SELECT.
Cancel: call YES Bank customer care or request closure after clearing dues; redeem points before closing as they may lapse.
Final verdict
The YES Bank SELECT (ex-Prosperity Edge) is a capable mid-tier all-rounder. Earning on usually-excluded categories, a 15,000-point milestone bonus, easily-waived fees and a useful set of lifestyle perks make it good value for someone spending ₹40,000–₹50,000 a month who will actually use the lounge, golf and points. It is not the pick if you want plain cashback or international lounges — but for points-comfortable mid spenders, it earns its place in the wallet.
Frequently asked questions
Is YES SELECT the same as Prosperity Edge?
Yes — YES Bank rebranded Prosperity Edge as the SELECT Credit Card. Existing cardholders were transitioned with similar benefits.
What is the joining fee?
₹599 + GST, waived on spending ₹10,000 within 30 days. Renewal fee waives on ₹1 lakh annual spend.
What are the rewards?
4 RP per ₹200 on retail, 2 RP per ₹200 on other categories including utilities, tax, education and insurance, plus a 15,000-point bonus at ₹6 lakh annual spend.
Does it offer lounge access?
One complimentary domestic lounge visit per quarter, available if you spent ₹50,000 in the previous quarter. There is no international lounge access.
Are there lifestyle perks?
Yes — golf (4 green fees/year + monthly lesson), a movie BOGO offer (up to ₹150 off the second ticket monthly) and purchase protection on online electronics.
Data current as of October 2026 and cross-checked against YES Bank’s official SELECT page. Fees, rewards and perks change periodically — always confirm current terms on yes.bank.in before applying.