Quick Verdict

  • The HDFC Bank Diners Club Privilege Credit Cardⓘ wins for everyday spend with a 2.67% base reward rate compared to 0.8% on the Yes Prosperity Edge.
  • For travel and lounge access, the Diners Club Privilege card also leads with 8 domestic and 4 international lounges annually, versus 4 domestic lounges and no international lounges on the Yes Prosperity Edge.
  • The Yes Prosperity Edge is cheaper to hold with Rs 599 annual and joining fees, compared to Rs 1,000 each on the Diners Club Privilege.
  • Choose the Diners Club Privilegeⓘ if you want premium travel and dining rewards and can meet the higher waiver threshold. Opt for the Yes Prosperity Edgeⓘ if you want a lower fee card with decent dining and grocery rewards, especially as a first credit card.

Side by Side

DetailHDFC Bank Diners Club Privilege Credit CardⓘYes Prosperity Edge Credit Cardⓘ
Annual feeRs 1,000Rs 599
Joining feeRs 1,000Rs 599
Fee waiver on spendRs 3.00 lakhRs 1.00 lakh
Reward rate2.67% base, 13.33% online category0.8% base, 2% dining and grocery
Reward typepointspoints
Domestic lounge8 per year4 per year
International lounge4 per yearNone
Forex markup2%3.5%
Best suited forrewards, dining, lounge, shopping, travelrewards, dining, first-card, lounge, shopping
ConciergeYesNo
Golf accessNoYes

Rewards Compared

On a Rs 10,000 spend, the HDFC Bank Diners Club Privilege Credit Cardⓘ delivers Rs 267 back at its base rate. This is substantially higher than the Rs 80 returned by the Yes Prosperity Edge Credit Cardⓘ at its base rate. The Diners Club Privilege card also shines in the online shopping category, offering an effective return of Rs 1,333 per Rs 10,000 spent, which is a massive uplift over its base rate and far outpaces any category returns on the Yes Prosperity Edge.

Conversely, the Yes Prosperity Edgeⓘ focuses on dining and grocery spends with a 2% reward rate, translating to Rs 200 per Rs 10,000 spent in these categories. While this is better than its base rate, it still falls short of the Diners Club Privilege's base and category returns. Thus, for high-value online and general spends, the Diners Club Privilegeⓘ is clearly more rewarding, while the Yes Prosperity Edgeⓘ offers modest gains in specific categories like dining and groceries.

Fees Compared

The HDFC Bank Diners Club Privilege Credit Cardⓘ carries a Rs 1,000 joining fee and Rs 1,000 annual fee, both waivable with Rs 3.00 lakh annual spend, or Rs 25,000 monthly. The Yes Prosperity Edge Credit Cardⓘ is more affordable upfront and annually at Rs 599 each, with a much lower waiver threshold of Rs 1.00 lakh annually, or Rs 8,333 monthly.

The Diners Club Privilegeⓘ demands an extra Rs 401 per year in fees compared to the Yes Prosperity Edgeⓘ. To justify this, a cardholder needs to spend an additional Rs 21,444 annually to cover the fee difference through better rewards. For those who spend less than this, the Yes Prosperity Edgeⓘ offers a more economical option.

Which One Should You Pick

Choose the HDFC Bank Diners Club Privilege Credit Cardⓘ if you are a frequent online shopper, traveler, or diner who can comfortably meet the Rs 3.00 lakh annual spend to waive fees. Its superior base and category rewards, plus premium benefits like concierge and international lounge access, make it ideal for premium users who want more from their credit card.

The Yes Prosperity Edge Credit Cardⓘ is better suited for first-time credit card users or those with moderate spends who want decent rewards on dining and groceries without a heavy fee burden. Its lower waiver threshold and joining fee make it accessible, and golf access is a nice perk for enthusiasts.

If you do not spend enough to waive the higher fees or want international lounge access, skip the Diners Club Privilegeⓘ. If you want better rewards on online and travel spends or international forex usage, skip the Yes Prosperity Edgeⓘ due to its lower returns and higher forex markup.

What to Check Before You Apply

  • Verify if the high category reward rates on the Diners Club Privilegeⓘ have caps or restrictions.
  • Check the redemption value and options for points on both cards to ensure they suit your preferences.
  • Confirm the monthly spend required to waive fees and whether your spending pattern meets it comfortably.
  • Consider the forex markup if you travel internationally often; the Diners Club Privilegeⓘ has a lower 2% cost versus 3.5% on the Yes Prosperity Edgeⓘ.
  • Review the lounge access terms, including any quarterly spend gates on the Yes Prosperity Edgeⓘ for domestic lounges.

FAQ

What is the difference in forex markup between these two cards?+
The HDFC Bank Diners Club Privilege Credit Cardⓘ charges a 2% forex markup, which is lower than the 3.5% charged by the Yes Prosperity Edge Credit Cardⓘ. This makes the Diners Club Privilegeⓘ more cost-effective for foreign currency transactions.
Can the annual fee be waived on both cards?+
Yes, both cards offer fee waivers based on annual spend. The Diners Club Privilegeⓘ requires Rs 3.00 lakh annually, while the Yes Prosperity Edgeⓘ requires Rs 1.00 lakh annually to waive the joining and annual fees.
Does the Yes Prosperity Edgeⓘ offer international lounge access?+
No, the Yes Prosperity Edgeⓘ provides only 4 domestic lounge accesses per year and does not include any international lounge access.
Are there any welcome benefits on these cards?+
Yes, the Diners Club Privilegeⓘ offers complimentary memberships to Swiggy One and Times Prime, while the Yes Prosperity Edgeⓘ provides vouchers worth Rs 1,000 on joining.
Which card is better for dining rewards?+
The Diners Club Privilegeⓘ offers a higher base reward rate and premium benefits, but the Yes Prosperity Edgeⓘ provides a 2% reward rate specifically on dining spends, which may appeal to moderate spenders focused on dining.