[Possible New Card] Yes First Exclusive Credit card getting converted to Yes Reserv Credit Card

[dvader]

Hi Guys,

Just received this email, Well if 1 RP = INR 0.25 this is an excellent value. Since other terms and conditions remain the same regarding Fees and all (See the bottom line in SS), people who have it LTF will almost certainly keep it as LTF. 3% Reward rate for online spends, 1.5% for other,s and 0.75% for special (I think rent, insurance, and stuff); that's kinda cool !!!! Also, Purchase protection !!! is Yes Bank making enough profits already? 😅





The New Reserv Credit Card

 

[card_007]

I really doubt they will give 3x on 24/200 pts for online! Until someone tries it, it is hard to believe.

 

[SSV]

I really doubt they will give 3x on 24/200 pts for online! Until someone tries it, it is hard to believe.

I hope you are aware that we need to subscribe for this to get 3X

 

[card_007]

I hope you are aware that we need to subscribe for this to get 3X

View attachment 38467

Yes, I am aware. I had over 2 lac worth points when Yes Bank went down and they were devalued to 75k or so after that! They have significantly reduced rewards and benefits across products. I have been a First Exclusive customer since 2017 and had been only using Yes FE until 2020!

 

[SSV]

Yes, I am aware. I had over 2 lac worth points when Yes Bank went down and they were devalued to 75k or so after that! They have significantly reduced rewards and benefits across products. I have been a First Exclusive customer since 2017 and had been only using Yes FE until 2020!

Okay very good..
So can you explain the current redemption options and their value..
how are the flight / hotel rates in their portal? Are they inflated compared to other websites?
Redemption rate of Apay vouchers etc?
Thanks

 

[CardCraftsman.]

how are the flight / hotel rates in their portal? Are they inflated compared to other websites?

Price is like smartbuy but agent fee is shown in upfront

Redemption rate of Apay vouchers etc?

why would you redeem points against apay vouchers? We get .1 value.

 

[SSV]

why would you redeem points against apay vouchers? We get .1 value.

I am just asking.. I don't know anything about Yes Cards and their redemption..

So it seems Flight prices are not inflated artificially .. then it makes sense to redeem the rewards towards flights, which gives 0 .25..
right?

 

[CardCraftsman.]

I am just asking.. I don't know anything about Yes Cards and their redemption..

i have their yes prosperity edge with 50k limit from 3 years but it used to be most useless card and card with lowest limit in my portfolio. Now, I will convert it to reserv.

 

[SSV]

For those intersted in:

I have posted a detailed review on the newly launched Yes Bank 'MARQUEE" card here..

Yes Bank - MARQUEE Credit Card Newly launched - Features and Benefits

Yes Bank MARQUEE Credit Card As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive and got their latest offering "MARQUEE" CC in the Premium segment .. I am NTB to Yes bank until now... I actually liked the name of the card and also its physical...

www.technofino.in

 

[card_007]

Okay very good..
So can you explain the current redemption options and their value..
how are the flight / hotel rates in their portal? Are they inflated compared to other websites?
Redemption rate of Apay vouchers etc?
Thanks

Flights costing is good as with HDFC. Hotels it depends, generally even HDFC is very infalted but I came across a smaller town top hotel at almost par value in Dec and was very surprised!

 

[CardCraftsman.]

Has anyone received the reserv card?

 

[Deleted member 11974]

nope
i guess you need to place a request for the same else old card will be in use

 

[CardCraftsman.]

nope
i guess you need to place a request for the same else old card will be in use

Their md desk is very slow. I am in process to upgrade my prosperity edge to reserv but as i said, they take too much time for a simple reply.

 

[Deleted member 11974]

i anyways done use this when i have magnus and infinnia

 

[hs23new]

Has anyone received the reserv card?

I got the reserve card. Thinking of getting 5x subscription -

5 times the regular Reward Points on Spends on Dining, Travel, Fashion and Healthcare for next 12 months

Which MCC is considered travel, dining, healthcare and fashion?

 

[Harry1]

This is not how it works. 3x and 5x is calculated on existing points. Everything gets multiplied.

Another devaluation @helloworld . They are changing this program literally every other month😅. Now it is closer to how you originally described (not same).

Reserv rates -
1x rates - 3/1.5/0.75% on online/offline/select categories.
3x rates - 6/4.5/2.25% on online/offline/select categories.
5x rates - 9/7.5 on online/offline Travel, Dining, Fashion, Healthcare categories.

Marquee 1x rates - 4.5/2.25/1.25% on online/offline/select categories.

Subscription plan is still good for people with high offline spends or online spends in travel categories. But this is 3rd or 4th devaluation in this plan since it was launched last year and we can see more, as more people start noticing this plan and opt for it.

 

[hrish88]

Another devaluation @helloworld . They are changing this program literally every other month😅. Now it is closer to how you originally described (not same).

Reserv rates -
1x rates - 3/1.5/0.75% on online/offline/select categories.
3x rates - 6/4.5/2.25% on online/offline/select categories.
5x rates - 9/7.5 on online/offline Travel, Dining, Fashion, Healthcare categories.

Marquee 1x rates - 4.5/2.25/1.25% on online/offline/select categories.

Subscription plan is still good for people with high offline spends or online spends in travel categories. But this is 3rd or 4th devaluation in this plan since it was launched last year and we can see more, as more people start noticing this plan and opt for it.

yes bank became useless after goverment bailout.the Yes First Exclusive card was good before that.the card became nothing but joke.gone from a premium card to a basic entry-level card.The 3x and 5x plan used to be 900+GST for 3X and 1800+GST for 5X.yes Bank increased the rates to the current 3500+GST and 5000+GST.



People have also complained on other websites about points not getting credited.Yes bank support is anyways worst and only available till 8pm.what a joke.

I am only keeping this card because its LTF with decent 7L+ limit.I will think twice before trusting this bank with anything

 

[CardCraftsman.]

3x rates - 6/4.5/2.25% on online/offline/select categories

Basically they reduced reward rate from 9% to 6% for online category, right? Also, where are you able to see it(link pls)?

 

[Harry1]

Basically they reduced reward rate from 9% to 6% for online category, right? Also, where are you able to see it(link pls)?

Click on apply now and enter ur number in subscription page. It will show only if u have the card.

 

[CardCraftsman.]

Click on apply now and enter ur number in subscription page. It will show only if u have the card.

Don't have reserv RN. I am in process to upgrade it from prosperity edge. BTW, it's still a good card for offline and online spends where amazonpay (voucher) isn't accepted or they don't have their own voucher .

 

[CardCraftsman.]

I got the reserve card

Thora picture bhejo na bhai. Also did you receive it in box or envelope?