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

[rafzy]

Just one quick question, are you getting 4.5% return in all online spends? I had seen inconsistency with regard to this a long time back.. I had not spent much on this card lately.. apart from this I don’t have any other major deal breaker about this card.. unfortunately it was just the fact that it had to follow the industry’s downtrend lately

I did track aug,sep and oct 2024 for reward points and it was to the point. Its pretty hard to track it, but when i did it it was good.
Maybe for aome transactions there could be a difference, say im not sure how much rewards would i get for a international transaction (be it online or offline or even select category).
Otherwise its good.

The reason im interested in this card is coz of the felxibility to use the points for any flight booking. I dont have to go thru the headache of finding out award seats in flights and then transferring and hoping those award seats dont get filled by the time the transfer happens and then booking it laterA. nd if the plans change, then its a mess, specially if you arent going to be travelling in that airline due to any reason.

So i plan accordingly to route all my payments thru online to reap the 36 rps per 200.

And to answer ur Q, yes i do get 4.5% for 99% of times.

 

[SSV]

The reason im interested in this card is coz of the felxibility to use the points for any flight booking. I dont have to go thru the headache of finding out award seats in flights and then transferring and hoping those award seats dont get filled by the time the transfer happens and then booking it laterA. nd if the plans change, then its a mess, specially if you arent going to be travelling in that airline due to any reason.

So i plan accordingly to route all my payments thru online to reap the 36 rps per 200

There is no doubt this card is really good if the redemption of RPs is in the form of flights booking..
And also flight rates are also very much comparable to the other competitive websites..
I haven’t redeemed a single RP yet . They are all sitting there for my next flight booking..
I think RP validity is 3 years.. can someone confirm??

Thanks for sharing your experience

 

[rafzy]

There is no doubt this card is really good if the redemption of RPs is in the form of flights booking..
And also flight rates are also very much comparable to the other competitive websites..
I haven’t redeemed a single RP yet . They are all sitting there for my next flight booking..
I think RP validity is 3 years.. can someone confirm??

Thanks for sharing your experience

Grand.. yup rps are valud for 3 yrs

 

[austin360]

For flight booking isn't the reward rate reduced to 3.15% given only 70% can be paid through points?

 

[rafzy]

For flight booking isn't the reward rate reduced to 3.15% given only 70% can be paid through points?

I think so, my last redemption was just before that rule came into effect.
I think it's still worth it even if 70% of the flight cost is covered 🙂

 

[austin360]

I think so, my last redemption was just before that rule came into effect.
I think it's still worth it even if 70% of the flight cost is covered 🙂

So why not use SBI cashback card. It gives 5% on flight bookings through various sites? Am i missing anything?

 

[peachyrahu]

I am keeping this card only cause my other cards are diners and amex and have acceptability issues.

 

[LiamHouse]

For flight booking isn't the reward rate reduced to 3.15% given only 70% can be paid through points?

how does that calculation work? you will still have the additional points left over to use again regardless of the 70% cap. how does it drop to 3.15% instead of 4.5%?

 

[LiamHouse]

So why not use SBI cashback card. It gives 5% on flight bookings through various sites? Am i missing anything?

it costs less than sbi cashback and has a ton more features.

 

[austin360]

how does that calculation work? you will still have the additional points left over to use again regardless of the 70% cap. how does it drop to 3.15% instead of 4.5%?

The calculation is for a transaction. Every time you transact you will get 3.15% effective rate.

 

[austin360]

The left over points again will again only go towards 70% of the flight cost

 

[anujdit]

SBI CB is good where you will get 5% (Based on MCC). However Marquee is good for online (4.5%) and special category 1.5% (Income tax payment etc) where other card didn't provide such rewards. Bookmyshow 1+1 (800 max per tkt)

 

[LiamHouse]

The calculation is for a transaction. Every time you transact you will get 3.15% effective rate.

yeah how is that effective rate 3.15%?

 

[LiamHouse]

The left over points again will again only go towards 70% of the flight cost

how does that drop the value from 4.5 to 3.15?

 

[austin360]

how does that drop the value from 4.5 to 3.15?

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%

 

[austin360]

I am getting this card as an option but not sure whether the fees justifies the benefits.

Lounge has 1L spend limit and I don't watch movies

 

[anujdit]

I am getting this card as an option but not sure whether the fees justifies the benefits.

Lounge has 1L spend limit and I don't watch movies

Spend requirement is for domestic lounges. No spend required for international lounges

 

[LiamHouse]

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%

i see, this card still has one of the highest returns even with that cap assuming the points on hand is always much higher than the cost of flight to be booked.

 

[Indrajeet100]

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.

 

[Anmolb]

what exactly changed that made you close the card prematurely as if the bank deeply offended you?

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.