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.

 

[xxScriptzxx]

Has anyone converted yes reserv to rupay variant ? I am planning to raise a rbi ombudsman complain since they are denying conversion over email

 

[jack333]

Has anyone converted yes reserv to rupay variant ? I am planning to raise a rbi ombudsman complain since they are denying conversion over email

Only useful if its giving points for upi spends. Have you confirmed that?

 

[xxScriptzxx]

Only useful if its giving points for upi spends. Have you confirmed that?

I have asked the same question on yes reserv rupay thread

 

[Harry1]

It turns out yes bank has silently modified the list of MCC exclusions for 3x subscription bonus. Most of my transactions were on STAN for Flipkart vouchers with 5816 MCC, which is now excluded.

Huge loss for me now. Anyone has old screenshot of MCC exclusions for subscription plan? Will need to fight with RBI Ombudsman.

@helloworld

https://www.yesbank.in/credit-card-services/rewards-subscription-plan

@helloworld Any help on this? Old screenshot or anything?

 

[helloworld]

@helloworld Any help on this? Old screenshot or anything?

I'll check and update you..

 

[Deathsnatcher]

This month points credited way lesser
so decided to ask them and they denied


Very shady system they have and in monthly statement there is no way to check RP

 

[helloworld]

This month points credited way lesser
so decided to ask them and they denied


Very shady system they have and in monthly statement there is no way to check RP

call and find one good soul and ask reward points for each transaction. they can help.

Note: finding good soul might require multiple attempts.

 

[Deathsnatcher]

call and find one good soul and ask reward points for each transaction. they can help.

Note: finding good soul might require multiple attempts.

thats not possible ...tons of txn and some for 200...400...600 and so on
its not easy to get this on phone.

 

[senasenthil]

This month points credited way lesser
so decided to ask them and they denied


Very shady system they have and in monthly statement there is no way to check RP
View attachment 58813

I too got a way lesser than expected points this month

 

[helloworld]

thats not possible ...tons of txn and some for 200...400...600 and so on
its not easy to get this on phone.

then enquiry only transactions which you suspected. I did once like that - date of transaction, amount then points for that transaction. That person very much helped at that time.

 

[dreamchaser12]

Hi,
Can i get 5x for pos spend international?

 

[dreamchaser12]

Hi,
Can i get 5x rewards for international pos transactions?

 

[venkateshr]

Could be anything. You will have to try and see. But now a days I am finding it difficult to even do that, as points are not matching whatever calculations I do literally every month.

To be safe, don't do utility mcc transaction. There is 1% extra convinience fee also now on that for spends over 15/20k.

Last year when this plan was launched first, i had taken it for first exclusive card. I tried tracking spends and pts awarded for 3-4 months. Wasn't very close to what i was calculating. that time cost of plan was lower. I decided then i wont be spending time on the plan unless this is well sorted. however it appears the pts credit is still whimsical with no way for us to ascertain if everything is kosher.

 

[venkateshr]

It turns out yes bank has silently modified the list of MCC exclusions for 3x subscription bonus. Most of my transactions were on STAN for Flipkart vouchers with 5816 MCC, which is now excluded.

Huge loss for me now. Anyone has old screenshot of MCC exclusions for subscription plan? Will need to fight with RBI Ombudsman.

@helloworld

https://www.yesbank.in/credit-card-services/rewards-subscription-plan

in this case you'll have to goto RBI ombudsman. The problem however is when u activate this plan with Yes, they never send an email that tells whats included and whats not. So to go through this pain is not sure if fully worth. I'm sure they have added this MCC only because they must have spotted usages with this. But to do this surreptitiously speaks volumes of the kind of institution this is.

 

[helloworld]

Hi,
Can i get 5x for pos spend international?

everywhere as long as mcc matched.

 

[Harry1]

Once again.

Shop with your YES BANK Credit Card ending
with xxxx for INR 299000 and enjoy
12000 YES Rewardz Points.

Didn't use this offer. So this time they reduced spend threshold.

Shop for INR 202000 with your
YES BANK Credit Card ending xxxx and enjoy 9000 YES Rewardz Points

 

[jetesh]

Currently, I have a Yes Bank Elite+ credit card. While asking for a priority pass to access international lounges, customer care said that the current Yes Bank card swipe will do.

I have never heard of it and have always used priority pass card in international lounges. Any experience with anybody?

 

[Channakya]

Currently, I have a Yes Bank Elite+ credit card. While asking for a priority pass to access international lounges, customer care said that the current Yes Bank card swipe will do.

I have never heard of it and have always used priority pass card in international lounges. Any experience with anybody?

Yes , normally directly swiping the credit cards in the lounge, would get you the lounge access . I have done it multiple times .

 

[jetesh]

Yes , normally directly swiping the credit cards in the lounge, would get you the lounge access . I have done it multiple times .

Lounges outside India , I mean at International lounges ???

 

[ayman]

Does the yes first business credit card has the subscription is it worth subscribing if it has?