Is it worth activating Yes Marquee

[Ned_Starks_Head]

I applied for yes marquee recently and it was delivered last week. I took it mainly for guest lounge access, but I didn’t check the latest news that the lounge access has been restricted by spends.
Moreover the tncs of the card are really shady, no where in the terms and conditions I see the rule of 35000 inr spends and the marquee website mentions unlikited lounges on top and 6 per quarter on bottom. This mis-selling is a real turnoff and is discouraging me to spend anything for the lounge access and to even activate the card.

 

[Card_Maddy]

@SSV sir can help as he hold Marquee

 

[SSV]

I applied for yes marquee recently and it was delivered last week. I took it mainly for guest lounge access, but I didn’t check the latest news that the lounge access has been restricted by spends.
Moreover the tncs of the card are really shady, no where in the terms and conditions I see the rule of 35000 inr spends and the marquee website mentions unlikited lounges on top and 6 per quarter on bottom. This mis-selling is a real turnoff and is discouraging me to spend anything for the lounge access and to even activate the card.
View attachment 49696

@SSV sir can help as he hold Marquee

go thru these two threads and post respective queries there..

Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details

For YES CC Rewardz Redemption details , Please see here... https://www.technofino.in/community/threads/yes-bank-credit-card-rewardz-redemption-options-for-marquee.22116/ Yes Bank MARQUEE Credit Card As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive...

www.technofino.in

YES Bank RewardZ Redemption Options - for MARQUEE Credit Card

YES Bank CC RewardZ Redemption (Note: YES CC RewardZ Redemption is different to SB Bank Account RewardZ) Disclaimers: 1) As I am fairly new to YES Bank, (one statement old) , please bear with me, I will update and fine tune this post as and when required... 2) I am not sure, if the redemption...

www.technofino.in

 

[Ned_Starks_Head]

go thru these two threads and post respective queries there..

Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details

For YES CC Rewardz Redemption details , Please see here... https://www.technofino.in/community/threads/yes-bank-credit-card-rewardz-redemption-options-for-marquee.22116/ Yes Bank MARQUEE Credit Card As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive...

www.technofino.in

YES Bank RewardZ Redemption Options - for MARQUEE Credit Card

YES Bank CC RewardZ Redemption (Note: YES CC RewardZ Redemption is different to SB Bank Account RewardZ) Disclaimers: 1) As I am fairly new to YES Bank, (one statement old) , please bear with me, I will update and fine tune this post as and when required... 2) I am not sure, if the redemption...

www.technofino.in

wo to theek hai lekin ye mis selling nhi hai?
card ke page pe upar to unlimited likh rhe

 

[SSV]

wo to theek hai lekin ye mis selling nhi hai?
card ke page pe upar to unlimited likh rhe

If you want , please log a complaint with rbi about this mis selling and update here

 

[Zacobite]

wo to theek hai lekin ye mis selling nhi hai?
card ke page pe upar to unlimited likh rhe

did u get any comms on spend eligibility? i haven't as yet?

 

[helloworld]

wo to theek hai lekin ye mis selling nhi hai?
card ke page pe upar to unlimited likh rhe

btw, going by the trend by end of 2024, you won't get free lounge with any card. so, take that in consideration.

anycase based on this information: https://www.yesbank.in/pdf?name=yesbank_creditcard_tnc.pdf (btw, its available whichever card impacted that page) its not applicable to Marquee.

let me know if any changes: https://www.technofino.in/community/threads/lounge-access-on-credit-cards-domestic.25101/

 

[Ned_Starks_Head]

Since this card is new and I don’t have any spends in the previous quarter, what’s the status of my lounge access?

 

[Zacobite]

Since this card is new and I don’t have any spends in the previous quarter, what’s the status of my lounge access?

most cards have a first quarter waiver for lounge for new cards... i used mine with no difficulty at Delhi T3 - new marquee

 

[diptarkaroy]

most cards have a first quarter waiver for lounge for new cards... i used mine with no difficulty at Delhi T3 - new marquee

That’s great to hear
And probably this is the first time I’m hearing that someone has successfully availed the lounge benefit
I’ll try as soon as I plan for my next trip

 

[diptarkaroy]

wo to theek hai lekin ye mis selling nhi hai?
card ke page pe upar to unlimited likh rhe

I have been trying to get the information from them over email
However, as i called their customer care, they confirmed minimum spend criteria is not applicable MARQUEE

I would request you to call them once to get this verified. Additionally, drop an email to them looping PNO and head of grievance. I don’t trust their words of mouth.

If you are planning to complaint to RBI, let’s do that… I’ll also do the same

 

[diptarkaroy]

btw, going by the trend by end of 2024, you won't get free lounge with any card. so, take that in consideration.

anycase based on this information: https://www.yesbank.in/pdf?name=yesbank_creditcard_tnc.pdf (btw, its available whichever card impacted that page) its not applicable to Marquee.

let me know if any changes: https://www.technofino.in/community/threads/lounge-access-on-credit-cards-domestic.25101/

Do we have any similar link for Marquee? Because I can’t see marquee mentioned nowhere in the entire document

 

[diptarkaroy]

most cards have a first quarter waiver for lounge for new cards... i used mine with no difficulty at Delhi T3 - new marquee

If you happen to use marquee to avail lounge access beyond 3 months cool off period, please confirm that in this thread

 

[Zacobite]

If you happen to use marquee to avail lounge access beyond 3 months cool off period, please confirm that in this thread

yes sure.. i tried it just to check.. lets see in 90 days

 

[helloworld]

Do we have any similar link for Marquee? Because I can’t see marquee mentioned nowhere in the entire document

If it didn't mentioned means its not applicable. you can fight for that reason also, if you want. Marquee not required for spends for lounge as of now.

Ex: ICICI released list of cards need for spend based lounge, nowhere in the document mentioned anything about sapphiro or emeralde. that is the industry practice, same for HDFC, Kotak etc. if a particular card not affectd, then no changes in that.

Also, doc updated one only re-check point 3 where it mentiond applicable cards and point 15 whre it mentiond marquee for any other queries. It means they're aware that card exist and intentionally not included in point 3. Remaining upto you, let me know if you got charged with lounge access, not sure proof other than TnC link is available with any bank or not, will let you know if found any for marquee.

But I don't think they'll mention anywhere like 'marquee is not required 35k/quarter spends like Reserv like that', this has to be assume from us and they'll update only if required those spends not otherwise.

 

[Zacobite]

If it didn't mentioned means its not applicable. you can fight for that reason also, if you want. Marquee not required for spends for lounge as of now.

Why would any bank include other cards if not applicable.?

Ex: ICICI released list of cards need for spend based lounge, nowhere in the documnt mntione anything about sapphiro or emeralde. that is the industry practice.

After 30 days of using marquee.. my thoughts are these.. if you are an infinia / dcb / premium axis cards customer & you have ONLINE spends beyond smartbuy / traveledge etc ONLY then does marquee give gd return of 4.5 %..If you don't have the above then its one of the best returns online & offline with sbi cb coming close ( basis exclusions).. It gives 1.25 % on categories that others exclude.. Lounge access is still suspect on spend criteria.. BOGO on BMS is one of the best in the market in terms of amount and number of tkts.. fees are recovered through points for most of it..** anything can change with YES anytime ***

 

[helloworld]

After 30 days of using marquee.. my thoughts are these.. if you are an infinia / dcb / premium axis cards customer & you have ONLINE spends beyond smartbuy / traveledge etc ONLY then does marquee give gd return of 4.5 %..If you don't have the above then its one of the best returns online & offline with sbi cb coming close ( basis exclusions).. It gives 1.25 % on categories that others exclude.. Lounge access is still suspect on spend criteria.. BOGO on BMS is one of the best in the market in terms of amount and number of tkts.. fees are recovered through points for most of it..** anything can change with YES anytime ***

able to redeem points for 100% or 70%?

 

[Zacobite]

able to redeem points for 100% or 70%?

not redeemed as yet.. just started using it.. will accumulate now for a few months

 

[helloworld]

not redeemed as yet.. just started using it.. will accumulate now for a few months

don't have to check once in redemption portal and see its allowing only 70% or all for those swiggy/zomato vouchers, If possible. Will show in checkout page before proceed for final payment.

 

[Zacobite]

don't have to check once in redemption portal and see its allowing only 70% or all for those swiggy/zomato vouchers, If possible. Will show in checkout page before proceed for final payment.

will try later.. points not credited as yet.. stmt due