Final Nail in the Coffin for Yes Bank Credit Cards: Reward Points Now Slashed to Half Their Value

[anonymuos]

MY BM/RM KEEP PUSHING ME FOR YES PRIVATE CREDIT CARD, SHOULD I GO FOR THIS?

Do you have a high-end account like Yes Grandeur? Or maintaining a lot of MAB?

 

[ashwinikumar900]

Do you have a high-end account like Yes Grandeur? Or maintaining a lot of MAB?

YES PRIVATE ACCOUNT. But most of the time AMB 5CR is not maintained. Still they don't downgrade. The main thing in my opinion is that since YES BANK is in no position to loose their any customer right now so they are compelled to accept your requests. So don't hesitate to ask your BM for any banking product. At least give it a try.

 

[drsel]

YES PRIVATE ACCOUNT. But most of the time AMB 5CR is not maintained. Still they don't downgrade. The main thing in my opinion is that since YES BANK is in no position to loose their any customer right now so they are compelled to accept your requests. So don't hesitate to ask your BM for any banking product. At least give it a try.

Maybe but right now there is no Yes card that is excellent value for money.
No Yes card figures in the top 10 cards for 2025

 

[anonymuos]

YES PRIVATE ACCOUNT. But most of the time AMB 5CR is not maintained. Still they don't downgrade. The main thing in my opinion is that since YES BANK is in no position to loose their any customer right now so they are compelled to accept your requests. So don't hesitate to ask your BM for any banking product. At least give it a try.

Because of the 2020 fiasco/scam involving Rana Kapoor? Do they still have issues with diminishing deposits and lack of public faith? Considering that fraud and their constant credit card devaluation, they do seem unstable 😆

 

[drsel]

Because of the 2020 fiasco/scam involving Rana Kapoor? Do they still have issues with diminishing deposits and lack of public faith? Considering that fraud and their constant credit card devaluation, they do seem unstable 😆

I would be surprised if anyone lends money to Yes Bank, unless they are an institution and they are forced to do so

 

[ashwinikumar900]

Because of the 2020 fiasco/scam involving Rana Kapoor? Do they still have issues with diminishing deposits and lack of public faith? Considering that fraud and their constant credit card devaluation, they do seem unstable 😆

Regarding SCAM, Yes they are very much aware of their situation, but since majority of shares are being held by SBI and major other banks, they somehow project their image as SAFE bank. But like RAHIM said, "रहिमन धागा प्रेम का, मत तोड़ो छिटकाय। टूटे से फिर न मिले, मिले गाँठ परिजाय॥", a spot of SCAM and UNCERTAINTY will always be on their image.

 

[anonymuos]

Regarding SCAM, Yes they are very much aware of their situation, but since majority of shares are being held by SBI and major other banks, they somehow project their image as SAFE bank.

But scams have happened in other banks too ICICI (Chanda Kochar), PNB (Nirav Modi), Union Bank (DHFL), and Vijay Mallya who scammed several banks. How come those banks rebounded and didn't get impacted like Yes Bank?

 

[cardio_guycardio_guy is verified member.]

But scams have happened in other banks too ICICI (Chanda Kochar), PNB (Nirav Modi), Union Bank (DHFL), and Vijay Mallya who scammed several banks. How come those banks rebounded and didn't get impacted like Yes Bank?

I think for ICICI, PNB, Union, etc, it was some people tried to loot the bank. It did minor damage considering the size and strength of those banks.

But YES bank case was like gang r@?e everyone including big board members tried to loot the bank and the bank was like a weak l4&y trying to resist the attack.