Yes Bank Reserv + 3X Subscription Plan

[legend.sudsier]

Hi everyone,

I am looking for a new card to complement my Infinia. The main goal is to increase the rewards rate for a few lakhs of donations towards NGOs (both Indian and International). BOGO on movies, and rewards on rental and UPI transactions will be great to have but not necessary.

I recently came across the YES Reserv card, along with the 3X subscription offer for all spends. The following is how I see the reward rates:

• 9% Points on Online Shopping (except on Select categories)**
• 4.5% Points on Offline Shopping (except on Select categories)
• 2.25% Points on Select categories

Assuming 25 paise per RP redemption rate, for flights and hotels.

The 9% rewards rate seems just too good to be true. Can anyone confirm? If it is indeed true, then why is this not the most talked about card for Forex transactions?

P.S: I don't mind paying the annual fee given the rewards.

 

[kowsikbabu]

Most likely after spending 40K in the first 30 days it will become LTF.. Pls confirm with CC

Can anyone tell me if this worked? Just completed KYC for reserve.

 

[kowsikbabu]

They are easily converting reserv to LTF. Just don't activate the card and drop a mail to closure team that you'll activate the card only if they convert to LTF. Someone please try with marquee and let us know

Wow, just applied for FYF reserve. This is great news.

 

[jack333]

Converted? If so congrats

Yes bro. Thanks

 

[jack333]

But how do I convert a Yes First Business card LTF to Yes Reserve or Yes Marquee ?
They were refusing to convert and I cannot apply for a second card.

First get a paid card whichever you want from closure team. Then don't activate it and drop a mail to them to convert to LTF

 

[jack333]

Can anyone tell me if this worked? Just completed KYC for reserve.

This offer is no more available afaik

 

[jack333]

Someone please try this trick for marquee and let us know

 

[kowsikbabu]

This offer is no more available afaik

Any idea if the 40K in 30 days spend offer is still active?? @S S V

 

[SSV]

Any idea if the 40K in 30 days spend offer is still active?? @S S V

I don't think so .. Call CC

 

[ARV]

Any idea if the 40K in 30 days spend offer is still active?? @S S V

If you spend 40k then it will be FYF

 

[SSV]

If you spend 40k then it will be FYF

These days they are giving unconditional FYF mostly ..

 

[ARV]

These days they are giving unconditional FYF mostly ..

Hmm, i got only spend based FYF 🙁

 

[pgarg24]

Any idea if the 40K in 30 days spend offer is still active?? @S S V

Yup, I got the card on 3rd Jan, and after spending 40k+ got email from Yes bank multiple times that card is FYF.
(Althought my card was originally processed as FYF, thru surrogate program) but we do get an email too after spending 40k.
Here's the SS:

 

[Harry1]

Hope this helps:

View attachment 43095

I tried lot of permutations and after discussing with customer care, I have reached the conclusion that I got 1x points (6/200 for select and 12/200 for online) and Card feature of Bonus 12/200 points for online transactions properly for whole statement cycle. Only issue is regarding 2x Subscription Bonus points (2x is 12/200 for select, 24/200 for online).

So, for the 2x bonus points, If I include 2x for one transaction that was done one week before subscription (ideally we should get points post subscription starts, but maybe that's their logic that they check transactions for whole month irrespective of subscription starts date) and Exclude all transactions of 31st January and Exclude 1 transaction of 30th January (there were many transactions on 30th, but excluding only 1), then it matches my credits.

I don't have any justification for why they are excluding only 1 transaction of 30th. There is a possibility that they are considering settlement date here, but then if I remember correctly, most of 30th Jan transactions settled on 1st February, so all of them should have been excluded. I will confirm next month, after bonus 2x points for these missing transactions gets credited.

Customer care didn't had breakup for 2x points, so I wasn't able to verify it. He told to call after 3-4 days, as statement is just generated and details have not come yet. I have anyway mailed them for the same. Let's see what happens 😉.

In short, avoid transaction on last 2 days of month to avoid any sort of confusion in bonus points calculations.

P.S. 36000 limit on 24/200 category is calculated only on card bonus 12 points, so transaction limit per statement cycle is 6L instead of 3L. I did just over 3L transaction and I got just over 18K bonus points. So, u can get potentially 36K regular and 36K card bonus and 72K subscription bonus on spend of 6L online spends per statement.

 

[ARV]

Hope this helps:

View attachment 43095

I am confused now, could someone please help me understand the 3x subscription plan :

Online: 1x 24 points , with 3x subscription plan 24+48 = 72 points
Offline: 1x 12 points , with 3x subscription plan 12+24 = 36 points
Special Category: 1x 6 points , with 3x subscription plan 6+12 = 18 points

Is this calculation correct ?

 

[RTR01]

I am confused now, could someone please help me understand the 3x subscription plan :

Online: 1x 24 points , with 3x subscription plan 24+48 = 72 points
Offline: 1x 12 points , with 3x subscription plan 12+24 = 36 points
Special Category: 1x 6 points , with 3x subscription plan 6+12 = 18 points

Is this calculation correct ?

5X, 3X plan details.

 

[ARV]

5X, 3X plan details.

Thanks, this helped so its not 9% return for online spends any more its 6% for flights and hotel for 3x plan

 

[helloworld]

I am confused now, could someone please help me understand the 3x subscription plan :

Online: 1x 24 points , with 3x subscription plan 24+48 = 72 points
Offline: 1x 12 points , with 3x subscription plan 12+24 = 36 points
Special Category: 1x 6 points , with 3x subscription plan 6+12 = 18 points

Is this calculation correct ?

added note to the same post with intended usage purpose.

 

[Harry1]

Good to know that. How many points missed in your case?

Around 20K, if I include all transactions of 30th and 31st.

 

[helloworld]

Around 20K, if I include all transactions of 30th and 31st.

what about without those two days?

 

[Harry1]

what about without those two days?

Then it exceeds😅. It equals only when I exclude all 31st transactions and only one (not all)of 30th transactions.