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

@SSV

I have a couple of questions on the add-on card that I am hoping you can clarify for me:

Is there any joining or annual changes for the addon card?
Does the addon card have its own CC statement or is it part of the primary card holders statement?
For any online transactions, is the OTP sent to the primary card holders number or to the add-on card holder?
Does the add-on card have a seperate BMS 1+1 (x3) offer or its counted towards the primary card holders BMS (x3) count?

Thank you in advance 🙂
1) No JF / AF for add-ons
2) single Statement for both Primary and addon
3) otp will be sent to addon, ig
4) I don't think add ons will have seperate bms..

I have no experience in addons.
@plastikman will help you further
 
Did any one get this month spend based reward point target, what was the amount to spend and reward points offered?
 
For YES CC Rewardz Redemption details , Please see here...
https://www.technofino.in/community...rewardz-redemption-options-for-marquee.22116/


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)
    • EDIT on 01/07/2024 -- these 8 guest visits are 4 for Domestic + 4 for International ... per calendar year
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:

----------------------------------------------------------------------
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)

Reward Redemption Matrix

1706880574436-png.41983



Joining / Renewal Fee Recovery Matrix

View attachment 41987

---------------------------------------------------------------------------------------

Update 2:
EDIT on 09/05/2024 : Credits to @diptarkaroy

------------------------------------------------------------------------------------------
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
----------------------------------------------------------------------------------------------

Update 3:

EDIT on 10/ 05/ 2024 : Escalation Matrix for Marquee CC - Courtesy : @diptarkaroy

-----------------------------------------------------------------

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!!!
----------------------------------------------------------------------------

Update 4:
EDIT on 10/ 05/ 2024 :

-------------------------------------------------
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.

---------------------------------------------------------------------

Update 5
Edit on 10/05/2024 : List of Domestic Lounges - Courtney: @reach2dpg

-----------------------------------------------------------

https://www.yesbank.in/pdf?name=ybl_lounge_List_marquee.pdf

https://www.visa.co.in/content/dam/...ocuments/in-participating-airport-lounges.pdf

----------------------------------------------------------

Other Useful Link:
For Rewardz Redemption details , Please see here...
https://www.technofino.in/community...rewardz-redemption-options-for-marquee.22116/


View attachment 41960

View attachment 41962

View attachment 41972View attachment 41973
View attachment 41978

View attachment 41977


** Select Category Full LIST

Full List of Select Category Spends with MCC codes which give only 10 Rewardz per 200:

View attachment 41963

View attachment 41964
Very interesting and useful comparison
 
Looks like there are couple of new changes.

View attachment 60266


View attachment 60267
I used this card at International departure lounge in Mumbai and was told guests not allowed. Thankfully had Amex platinum charge.

Got a message saying I have not spent 35000/- for 20th April,24 to 20th June, 24 period and have NO complimentary lounge access till September,2024 now. If I spend 35000 between June to Sep, 24, I will get lounge access for next 3 months. Though I spent 88,000 on 22nd June,2024.

This is not expected from a card with fees of 10000. This card is good for International spends, as I got good rate from Yes bank. Though was harassed for every transaction as low as 100 THB and kept on getting calls from monitoring team. It's really irritating while travelling international.

Also, they don't give points on time and there is no clarity on points received for each transaction. No transperancy at all.
 
I used this card at International departure lounge in Mumbai and was told guests not allowed. Thankfully had Amex platinum charge.

Got a message saying I have not spent 35000/- for 20th April,24 to 20th June, 24 period and have NO complimentary lounge access till September,2024 now. If I spend 35000 between June to Sep, 24, I will get lounge access for next 3 months. Though I spent 88,000 on 22nd June,2024.

This is not expected from a card with fees of 10000. This card is good for International spends, as I got good rate from Yes bank. Though was harassed for every transaction as low as 100 THB and kept on getting calls from monitoring team. It's really irritating while travelling international.

Also, they don't give points on time and there is no clarity on points received for each transaction. No transperancy at all.
But in the PP app it is saying 4 free guest visits on international lounges
I have registered my card in PP app
 

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