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

With flight only redemption giving decent return this had become sort of redundant for me. It was great to have as long as vouchers were encashable at .25per point. Even did tax payments a lot and then paid bill by IDFC Wealth debit card, it was great combination. It was very good all rounder card till then. But did not last even for a year. Now I have closed this and moved to Axis Atlas, which gives better return if flights and Accor transfer is choice. There are lot more exclusions in Atlas spends but let me see how it works out.
Just remember this, you are now dealing with 🪓... good luck
 
People with Add On Marquee or Yes credit cards, I recently got my add on cards however I have a question about how to use them.

The OTP and notifications all go to the numbers of the add on users but they do not have the card in their IRIS app. Only I, the primary card holder is able to see the add-on cards in my IRIS app. It indicates that they are add-on cards.

Is there any way to add these add on cards to the add-on user’s IRIS app as they are YES savings customers as well?
 
People with Add On Marquee or Yes credit cards, I recently got my add on cards however I have a question about how to use them.

The OTP and notifications all go to the numbers of the add on users but they do not have the card in their IRIS app. Only I, the primary card holder is able to see the add-on cards in my IRIS app. It indicates that they are add-on cards.

Is there any way to add these add on cards to the add-on user’s IRIS app as they are YES savings customers as well?
I think no. Addon's can't be added to their profiles as Main card holder would track everything.
 
Original Reward Rate: You earned 4.5% in reward points, which equals 36 reward points per INR 200 spent.

New Rider Restriction: Only 70% of the flight cost can be paid using reward points.

Effective Reward Rate Calculation: Initially,
you could use rewards for 100% of the flight cost. Now, you can only use rewards for 70% of the cost. This means that the effective usability of the rewards is reduced. Since you used to be able to cover 100% with rewards, covering only 70% reduces the effectiveness.

The original reward rate was 4.5%, but now only 70% of the value can be effectively utilized due to the restriction. Therefore, the effective reward rate becomes 3.15%
Rp rate stays the same.
If you have 28000rp. You can redeem it at .25 I.e. inr 7000rs. If your tickets costs more than 10k then you can use all of the points.
For the rest (ticket price-7k) you can use your marquee cc which will again give you 36rp/200rs. (4.5% if you redeem for flight in future)

Why are you fixated at redeeming at exactly same ticket price? So if you have only 10000rp and ticket cost 10k rs. You redeem 10k rp at 2.5k rs(25% of ticket price). Does that mean return becomes 25% of 4.5% (1.125%)? Answer is no.

What it does is it try to lock in the customer, Which is business 101. When you use yes cc to pay the balance amount, you acquire more point. So youll end up coming back again. This doesn't mean rp rate was changed.

This only affects people who have cc which gives much better return( infinnia/dcb/m4b, may be atlas) because there is a opportunity cost for not using the best cc.
 
I got 60K rps that I was able to use to get the initial fee sorted. I don't travel international a lot so doesn't make sense to hold the card when domestic lounge is tied to spend threshold. Second not happy with the way they devalued the redemption options. Third i have infinia and 90% of my txns are via smart buy so I can let go of the 4.5% marquee reward rate. I'll manage the bogo with zenith+/sapphiro.
Still they are providing 60k or 40k?
 
I am closing the my Yes bank MARQUEE credit card today. I don't see any value except the BMS offer. Any suggestions

Still not worth it, close it.


: )
 
Even I have a renewal coming up for Marquee in few days, are they still providing renewal benefits of 20,000 points?

If 20,000*0.15=3,000 worth of vouchers still seem to be an Okyish option considering paying remaining Rs. 2900 for this.

I usually watch minimum of 2-3 movies every month and ticket prices usually range from 400-800, so an average of around 600, so eventually I’ll save upto Rs.14,400 even if I consider watching 2 movies each month, only bad thing that can happen here is considering the track record they might remove the BMS offer like Magnus or tone it down to upto 250/300 like IDFC First Wealth where it would become useless.

I have Infinia so lounge is not a mandatory requirement on this card, might use guest access once/twice internationally

Still confused shall I go for renewal or not

PS : Me and my friend Have also applied for LTF Sapphiro yesterday LTF under part of corporate campaign, if we get that I would happily close this card and would be getting 4 tickets free each month upto 500 on Sapphiro which would be enough for me.
 
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Even I have a renewal coming up for Marquee in few days, are they still providing renewal benefits of 20,000 points?

If 20,000*0.15=3,000 worth of vouchers still seem to be an Okyish option considering paying remaining Rs. 2900 for this.

yes, they're providing.

I usually watch minimum of 2-3 movies every month and ticket prices usually range from 400-800, so an average of around 600, so eventually I’ll save upto Rs.14,400 even if I consider watching 2 movies each month, only bad thing that can happen here is considering the track record they might remove the BMS offer like Magnus or tone it down to upto 250/300 like IDFC First Wealth where it would become useless.

I have Infinia so lounge is not a mandatory requirement on this card, might use guest access once/twice internationally

Still confused shall I go for renewal or not

thats upto you, if you find movies then go for it. are there 2-3 minimum good movies nowadays in theatre?

PS : Me and my friend Have also applied for LTF Sapphiro yesterday LTF under part of corporate campaign, if we get that I would happily close this card and would be getting 4 tickets free each month upto 500 on Sapphiro which would be enough for me.

only bad thing that can happen here is considering the track record they might remove the BMS offer like Magnus or tone it down to upto 250/300 like IDFC First Wealth where it would become useless. 🙂
 
thats upto you, if you find movies then go for it. are there 2-3 minimum good movies nowadays in theatre?
Lol yeah mix of Hollywood+Bollywood+Regional like this month I watched Nosferatu, Skyforce and might watch Deva😂

Usually I watch the movies and then judge if its good/bad rather than reading reviews, good timepass for me during the weekends
 
Still not worth it, close it.


: )
does gyftr gift cards give 36rp ?
 
have SBI CB too but no where to buy apay vouchers

take time and check 'SBI Credit Card' section in this forum for options to purchase apay vouchers using sbi cb. there are multiple, but yes, if you don't want that then you'll get 36 RP (=4.5% flight redemption) with Marquee // but where to buy those vouchers?
 
take time and check 'SBI Credit Card' section in this forum for options to purchase apay vouchers using sbi cb. there are multiple, but yes, if you don't want that then you'll get 36 RP (=4.5% flight redemption) with Marquee // but where to buy those vouchers?
Ill go with marquee then buy apay from gyftr and pay my lic bill. I'm planning to redeem points for flights my upcoming travel plan in april.
 
take time and check 'SBI Credit Card' section in this forum for options to purchase apay vouchers using sbi cb. there are multiple, but yes, if you don't want that then you'll get 36 RP (=4.5% flight redemption) with Marquee // but where to buy those vouchers?
damn yes bank gyftr is not allowing me to purchase apay vouchers. I never purchased using my marquee card. It says i exceed 10k limit
 
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