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 appearance.. very appealing looks ...
I got the card mainly for its Unlimited International Lounge Access ( for both Primary and Add-ons) and some reward points for Govt Transactions.
Online Spends rewads rate is also good @4.5% ( if redemeed for Flights and Hotels @0.25)
As I am NTB to Yes Bank, I will learn more about different redemption options soon ..
On the paper this is a very good card for its intended purposes as of now..
Approval is easy peasy.. punch in your details, it comes up with the eligible cards depending upon your CIBIL profile.. No income Docs required.. Card will be delivered in about 3 working days...
*you will only get 2 cards to select from depending up on your eligibility .. one among them would be BYOC( Build Your Own Card) along with other core card...
Where does this fit in the hierarchy:
It is the Top level card under their ( Premium Card Offerings) .. you can see this here:
View attachment 41187
Features:
Joining & Annual Fee:
1) Joining Fee : ₹9,999 + GST ( Welcome benefits : 60,000 RPs = Rs. 15,000 for Flight and Hotel Bookings @0.25)
2) Renewal Fee: ₹4,999 + GST ( Renewal benefits: 20,000 RPs = Rs. 5,000 for Flight and Hotel Bookings @0.25)
Annual Fee Waiver : ₹10,00,000
USP of the card: Unlimited International Lounge Visits for both Primary and Add-on Card members
Rewards
1) Online Spends - 36 YES Rewardz Points / ₹200
2) Offline Spends - 18 YES Rewardz Points / ₹200
3)
** Select Catrgory - 10 YES Rewardz Points /₹200
Maximum Cap per Statement Cycle: : 1,00,000 YES Rewardz Points
For Reference here is the list of other CCs and their maximum caps per statement period..
View attachment 41959
*Accelerated Reward Points earned on Online Shopping during a statement cycle will be capped as per the below table.
Once this threshold is reached, customer will continue to earn reward points at normal rate (same as offline transaction).
** Select Category includes:
i) Rental Payments w.e.f. 07/03/2024
ii) Wallet Loading w.e.f. 07/03/2024
- iii) Recharge and Utility Bill Payments
- iv) Insurance
- v) Education and
- vi) Government Payments..
- vii) Grocery and Supermarkets
** For full list of Select Category Items , please see at the end of the post ..
Exclusions for YES Rewardz Point earnings:
- Fuel transactions
- Cash withdrawals
- Cash Advance Fee & Charges
- Post Purchase EMI & Instant EMI transactions.
Other benefits:
Lounge Access
- Domestic Lounge Programe
- 6 complimentary Domestic Airport Lounge visit in India per calendar quarter for Primary & Add-on Cardmember
- International Lounge Programe
- Unlimited Access to airport lounges internationally for Primary & Add-on card holders
- Guest Visits: 8 Complimentary Lounge visits in a calendar year (Domestic or International)
BMS BOGO
Maximum 6 tickets (Buy 3 Get 3) per calendar month. Offer valid only for Movies tickets (Discount is capped at INR 800 per ticket).
Foreign Currency Mark-up of 1%
Purchase Protection Plan,
Purchase Protection - Insurance cover against accidental damage/Burglary in residential premises of the customer as per bank records, for 6 months for mobile & electronic devices purchased online. Max Limit 50,000
Golf Program
Enjoy waiver of 4 Green Fee at select golf courses in India
Enjoy one complimentary Golf Lesson every calendar month at select golf courses in India
Fuel Surcharge Waiver
1% Fuel surcharge waiver at fuel stations across India for transaction between INR 400 to INR 5,000..
Total waiver in statement cycle is capped at INR 1000. Only surcharge will be waived, GST as levied on surcharge will not be waived. Please note that Fuel surcharge may vary from 1% to 2.5% of the amount spent on fuel transaction. The rate of surcharge varies depending upon the fuel retail outlets and their acquiring banks.
Yes Bank Credit Card Rewards Redemption contact details and Redemption Website:
CC Rewards Website:
https://credit.yesrewardz.com/
CC Rewards Contact Number: 1800 4190 600 ..
(Only questions relating to CC rewards Redemptions will be answered at this number . No cc account related questions will be entertained)
UPDATES
Update 1:
EDIT on 20/01/2024 - Options available for Redemption:
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1) E-Gift Vouchers ( Total options: 59 ..
@ 0.15 = AGV, FK, Myntra,
@ 0.25 = Swiggy, Zomato,Amazon Prime, Croma, Dominos, Kalyan Jewellers, 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 CV both @ 4 Reward points = 1 AirMile)
7) Catalogue
8) Golf
9) Charity..
10) Bill Pay (
@0.10 )
11) Movies ( ... coming soon)
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Update 2:
EDIT on 09/05/2024 : Credits to @diptarkaroy
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No spends are required for utiliizng the lounge access ( both domestic and international).
Swipe your CC at the lounge .. No separate Lounge Access Card is required to access Lounges.. Marquee Card will suffice.
Here is the confirmation From YES Bank obtanied by
@diptarkaroy with his relentless efforts to hear from the horse's mouth...
""
Finally got the confirmation from Yes bank presidential complaints help desk
There is no minimum spend criteria to avail both domestic and international lounge for MARQUEE card
Email screenshot attached
""
View attachment 53084
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Update 3:
EDIT on 10/ 05/ 2024 : Escalation Matrix for Marquee CC - Courtesy : @diptarkaroy
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1st level :
yestouchcc@yesbank.in
2nd level:
principal.nodalofficer@yesbank.in
3rd level:
presidential.complaints@yesbank.in
4th level:
mdceo@yesbank.in
You can start from 2nd level itself, if needed..
We should be waiting for 5-6 days before reaching out to Level 3 itself
We can reach both level 3 and 4 together!!!
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Update 4:
EDIT on 10/ 05/ 2024 :
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HOW to Procure ADD-ON Cards -- Credits to @plastikman
Chronology of events for procuring addon card-
1. Got the card on 27th Feb
2. Emailed CC on 1st March to find out procedure for procuring addon cards
3. They replied on 3rd and told to visit branch or send filled application to Chennai office
4. Sent dilligently filled application form with aadhaar, pan and passport copies to Chennai office
5. Wrote to them, for enquiring status
6. They informed that they hadn't received it (inspite of bluedart having confirmed delivery)
7. They traced it after 7 days on 30th March and replied back with instant rehection of application citing 'Not authenticated' even though the kyc documents were signed by both me as well as the addon applicants.
8. I was enraged and wanted to escalate it further so wrote to their PNO on 1st April.
9. On 4th April, I received a verbatim reply of the same response as level 1.
10. Being enraged further, decided to escalate with RBIO on the same day.
11. Filed a petition with them highlighting Yes Banks intention to renege on their offering of lounge access for addon card holders.
12. Next day evening, I received a call from their cluster head for Mumbai who personally visited my residence with his assistant on the same day evening to collect the KYC documents.
13. Got the addon cards delivered on 10th.
14. RBIO closed my complaint after giving me the opportunity to provide my feedback.
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Update 5
Edit on 10/05/2024 : List of Domestic Lounges - Courtney: @reach2dpg
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https://www.yesbank.in/pdf?name=ybl_lounge_List_marquee.pdf
https://www.visa.co.in/content/dam/...ocuments/in-participating-airport-lounges.pdf
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Other Useful Link:
For Rewardz Redemption details , Please see here...
https://www.technofino.in/community...rewardz-redemption-options-for-marquee.22116/
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** Select Category Full LIST
Full List of Select Category Spends with MCC codes which give
only 10 Rewardz per 200:
View attachment 41963
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