YES Bank RewardZ Redemption Options - for MARQUEE Credit Card

[SSV]

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 for Marquee is different to other card varaints.. other card variants' veterans can provide their input ...

Other useful links:
Link for MARQUEE CC review:

Thread 'Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details'
https://www.technofino.in/community...aunched-features-benefits-full-details.22261/


Begin:

Login to the CC YES rewardz portal
via link : https://credit.yesrewardz.com/
by using your RMN & OTP and CC Number..

Home Screen



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EDIT:
Latest updated information as on 24/09/2024 as per @djrocky ..





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Options available for Redemption:

1) E-Gift Vouchers
@ 0.15 = AGV, FK, Myntra,
@ 0.25 = Swiggy, Zomato,Amazon Prime, Croma, Dominos, , MMt - Hotel , Yatra
2) Share Reward Points( to other YES CC customer)
3) Credit Card Bill Payment(i.e. Statement Credit @0.15)
4) Flight ( @0.25)
5) Hotel (@0.25)
6) Air Miles
InterMiles and Club Vistara
(@ 4 Reward points = 1 AirMile)
7) Catalogue
8) Golf
9) Charity..
10) Bill Pay ( @0.10 )
11) Movies ( ... coming soon)

Reward Redemption Matrix




Joining / Renewal Fee Recovery Matrix

​

Flight Booking Comparison Example:

HYD to MAA on 31/01/2024 for one adult:

1) RewardZ = 3,477 - Refundable
2) Amazon = 3,386 - No cancellation
3) MMT = 3,686. - No cancellation

So, it’s kind of comparable with about 5% variation.

YES Rewardz:

View attachment 40757





Amazon Flights:


MMT





Total Available Voucher Options: 59







A few Screenshots for redemptions:

​

 

[george99]

Can i able to use all my 60K points for Swiggy E-gift voucher?

 

[SSV]

Can i able to use all my 60K points for Swiggy E-gift voucher?

Yes, you can ..

 

[george99]

Yes, you can ..

ok perfect then!

 

[SSV]

Can i able to use all my 60K points for Swiggy E-gift voucher?

Yes, you can ..

Each time it is allwoing 5 vouchers only.. May be we have to do multiple times... I don't see any problems in redeeming all 60K in Swiggy..

 

[FinoGuy]

So, for statement credit option how much will be net value back per 100rs offline spend?

 

[SSV]

So, for statement credit option how much will be net value back per 100rs offline spend?

do calculation @0.15 for 1 Reward Point

 

[george99]

Each time it is allwoing 5 vouchers only.. May be we have to do multiple times... I don't see any problems in redeeming all 60K in Swiggy..

Okay got it.

 

[FinoGuy]

do calculation @0.15 for 1 Reward Point

Socha Pandaji maths mein accha hai..

 

[SSV]

Socha Pandaji maths mein accha hai..

I have updated the first post with net effective rate of return for all different types of spends. Please check

 

[FinoGuy]

I have updated the first post with net effective rate of return for all different types of spends. Please check

 

[anotheruser]

I have updated the first post with net effective rate of return for all different types of spends. Please check

Dude respect. One of the best detailed post regarding redemptions.
Hats off!

 

[SSV]

Dude respect. One of the best detailed post regarding redemptions.
Hats off!

Thank you for your appreciation.
It really matters, especially when my time spent was voluntary !!
Have a nice Sunday!!

 

[R@ndomiz€r]

I was doing something similar with my Reserv. I guess only difference between marquee and reserve rewards is Airmile conversion where it is 10 points=1 Mile. Rest looks more or less same.

 

[SSV]

I was doing something similar with my Reserv. I guess only difference between marquee and reserve rewards is Airmile conversion where it is 10 points=1 Mile. Rest looks more or less same.

Thanks for the feed back.
Can you confirm if swiggy and zomato are @0.25 for Reserv as well. Thanks

 

[SSV]

Yes, same for ALL Yes credit cards

Okay thanks..
Then undoubtedly Reserv with 5X is really a great option in its category

 

[SSV]

Yes, same for ALL Yes credit cards

Did you see the flight booking comparison??

 

[drsel]

Okay thanks..
Then undoubtedly Reser with 5X is really a great option in this category

9% return (if used for flights) is good, if you don't have
Magnus Burgundy 24%
Infinia 15.55%
Atlas 10.00--11.66%

 

[SSV]

9% return (if used for flights) is good, if you don't have
Magnus Burgundy 24%
Infinia 13.5%
Atlas 10.00--12.33%

Okay, lets get down to the business end..

you can't compare this YES cards with
1) M4B - simple reason , how much you need to maintain in SB / TRV or having salary of how much?? - out right ruled out
2) Infinia - same reason.. how hard to get it and how much you need to spend on HDFC cards to get Infinia... - out
3) Atals -- sort of okay to compare , again it is not apple to apple comparision.. as Atas's redemption is only good via Airmiles..

 

[drsel]

Okay, lets get down to the business end..

you can't compare this YES cards with
1) M4B - simple reason , how much you need to maintain in SB / TRV or having salary of how much?? - out right ruled out
2) Infinia - same reason.. how hard to get it and how much you need to spend on HDFC cards to get Infinia... - out
3) Atals -- sort of okay to compare , again it is not apple to apple comparision.. as Atas's redemption is only good via Airmiles..

Even if you consider only Atlas, the returns on Yes cards are best for flights, otherwise returns are much lower