[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

 

[thedator]

login netbanking (never used mobile app) -> view details beside credit card number -> View credit card details.

Here, find 'earned this cycle' for reward points

This worked like a charm on mobile net banking. Thank you!

App doesnt have this option.

 

[helloworld]

This worked like a charm on mobile net banking. Thank you!

App doesnt have this option.

Note: It doesn't contain accelerated points for that you have to wait till statement. But you'll know whether it is 6 or 12.

 

[thedator]

Note: It doesn't contain accelerated points for that you have to wait till statement. But you'll know whether it is 6 or 12.

Thanks. Do accelerated points get posted in same month statement or next?

 

[helloworld]

Thanks. Do accelerated points get posted in same month statement or next?

Its both, you have to keep two statements to compare. AFAIK, YES statement period after 13th only, so based on that.

If statement date: 15th

In that statement contains

- 1x reward points for all transactions in that statement
- 2x or 4x reward points for transactions that settled previous month 1st - 30/31st.

If any transactions settled in current month, that will reflect in next month statement for 2x / 4x points.

In Short,

- 1x = Statement month
- Accelarated points = Calendar month

 

[thedator]

Its both, you have to keep two statements to compare. AFAIK, YES statement period after 13th only, so based on that.

If statement date: 15th

In that statement contains

- 1x reward points for all transactions in that statement
- 2x or 4x reward points for transactions that settled previous month 1st - 30/31st.

If any transactions settled in current month, that will reflect in next month statement for 2x / 4x points.

In Short,

- 1x = Statement month
- Accelarated points = Calendar month

Great info. Thanks. Confusion ki dukaan ka naam India ke saare banks 😅

 

[CardCraftsman.]

login netbanking (never used mobile app) -> view details beside credit card number -> View credit card details.

Here, find 'earned this cycle' for reward points

I tried it on my prosperity edge (now select), i had done a online transaction worth 600 but it's showing me 12 rp. This is according to normal offline spends. Is it normal and will it be corrected after statement generation ?

 

[helloworld]

I tried it on my prosperity edge (now select), i had done a online transaction worth 600 but it's showing me 12 rp. This is according to normal offline spends. Is it normal and will it be corrected after statement generation ?

never faced this type of issue. If its online then its online, only thing is either online or under special category. Otherthan that never faced switching online to offline transaction. Btw, it is what it is. it won't change and you'll get accelarated based on that.

Do check following before doing anything..

- Is it single transaction or cumulatively 600?
- Transacted after changes or before, I think recently they updated reward points, so check both old and new structure and see if it is matching.
- Offline usually contains 'POS' word in transaction summary, check SMS and see what it is showing.

I think you transacted before these changes implemented, anyway check and confirm with cs if any issues.

 

[CardCraftsman.]

Is it single transaction or cumulatively 600?

single

Transacted after changes or before, I think recently they updated reward points, so check both old and new structure and see if it is matching.

4-5 days ago

Offline usually contains 'POS' word in transaction summary, check SMS and see what it is showing.

i will check it. BTW, i had transacted through hdfc pg so it shouldn't cause any issue.

 

[helloworld]

single

4-5 days ago

i will check it. BTW, i had transacted through hdfc pg so it shouldn't cause any issue.

Can you login to subscription offer and share screenshot of 3x or 5x subscription plan details..?

I think its 4 (&4 as per product feature), in that case you can hope for extra points during statement otherwise you got only 4.

Whats the old reward rate for offline spends on this card?

 

[CardCraftsman.]

Can you login to subscription offer and share screenshot of 3x or 5x subscription plan details..?

I think its 4 (&4 as per product feature), in that case you can hope for extra points during statement otherwise you got only 4.

Whats the old reward rate for offline spends on this card?

I haven't taken subscription offer. Actually, it is the place where my 5-7 lakhs annual spends happen so i was checking whether its coming under select category or not before upgrading to reserv and applying for subscription offer

 

[telescope]

Those of you who has subscribed to 3 or 5x plan, did you get mail confirming activation of plan?

I have subscribed 2 days ago but didn't get any further email.

 

[CardCraftsman.]

Offline usually contains 'POS' word in transaction summary, check SMS and see what it is showing.

I just checked and it’s not mentioned

 

[helloworld]

I haven't taken subscription offer. Actually, it is the place where my 5-7 lakhs annual spends happen so i was checking whether its coming under select category or not before upgrading to reserv and applying for subscription offer

its not about that, in that page if it shows like that (you don't have to puchase but plan details provide detailed review on your existing reward structure, which not available in product page, so I asked), then maybe they delayed and credit during statement.

YES has three reward structures..

1x - we call default reward structure.

product feature benefit - they double the reward points for Online.

accelerated- based on subscription.

So, on paper reserv card may provide 6, 12, 24 points.. but background it may also like below..

1x - 6,12,12
product feature - extra 12 points for online spends
accelerated - 3x on 1x points.


similarly, you have the structure for select.

Anyway, wait till statement generated it might clarify more.

btw, its not select category because of 4 points and I believe another 4 will credit during statement as product feature (more details available in subscription page instead of product page, just YES things).

 

[drsel]

its not about that, in that page if it shows like that (you don't have to puchase but plan details provide detailed review on your existing reward structure, which not available in product page, so I asked), then maybe they delayed and credit during statement.

YES has three reward structures..

1x - we call default reward structure.

product feature benefit - they double the reward points for Online.

accelerated- based on subscription.

So, on paper reserv card may provide 6, 12, 24 points.. but background it may also like below..

1x - 6,12,12
product feature - extra 12 points for online spends
accelerated - 3x on 1x points.


similarly, you have the structure for select.

Anyway, wait till statement generated it might clarify more.

btw, its not select category because of 4 points and I believe another 4 will credit during statement as product feature (more details available in subscription page instead of product page, just YES things).

5x works out to 9%, not 15%
3X works out to 6%, not 9%.

 

[drsel]

But it's not worth spending 8259 or even 5900.

please check my post in thread 'Yes Bank Reserv + 3X Subscription Plan' https://www.technofino.in/community/threads/yes-bank-reserv-3x-subscription-plan.21407/post-482345

 

[helloworld]

5x works out to 9%, not 15%
3X works out to 6%, not 9%.

Online: 48 points per 200 = 6% only.

3x on 1x points (3x12) + double points for online (+12).

 

[helloworld]

But it's not worth spending 8259 or even 5900.

please check my post in thread 'Yes Bank Reserv + 3X Subscription Plan' https://www.technofino.in/community/threads/yes-bank-reserv-3x-subscription-plan.21407/post-482345

never tried 5x, not my usecases. so, no idea.

still..

atlas 5900 + magnus 15000 / non-easydiner places + Online/Offline non-gyftr shopping + Offline medicines

 

[Deleted member 21942]

Currently I have Yes Prosperity Edge credit card as LTF. Now that it has been converted to the Select variant, I want my credit card in a new Select variant look. Does using block and replace option give Select variant in physical form? Will my credit card remain as LTF or will it become a chargeable card?

 

[telescope]

Currently I have Yes Prosperity Edge credit card as LTF. Now that it has been converted to the Select variant, I want my credit card in a new Select variant look. Does using block and replace option give Select variant in physical form? Will my credit card remain as LTF or will it become a chargeable card?

yes you'll get select.
yes LTF.

 

[helloworld]

Currently I have Yes Prosperity Edge credit card as LTF. Now that it has been converted to the Select variant, I want my credit card in a new Select variant look. Does using block and replace option give Select variant in physical form? Will my credit card remain as LTF or will it become a chargeable card?

you'll be charged for replacement card otherwise all the existing card benefits and pricing applicable to new name card, no changes.