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YES Bank RewardZ Redemption Options - for MARQUEE Credit Card

SSV

TF Reserve
Contributor
VIP Lounge


YES Bank CC RewardZ Redemption

(Note: YES CC RewardZ Redemption is different to SB Bank Account RewardZ)​

Disclaimers:
1) As I am fairly new to YES Bank, (one statement old) , please bear with me, I will update and fine tune this post as and when required...
2) I am not sure, if the redemption for Marquee is different to other card varaints.. other card variants' veterans can provide their input ...

Other useful links:
Link for MARQUEE CC review:

Thread 'Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details'
https://www.technofino.in/community...aunched-features-benefits-full-details.22261/


Begin:

Login to the CC YES rewardz portal
via link : https://credit.yesrewardz.com/
by using your RMN & OTP and CC Number..

Home Screen

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EDIT:
Latest updated information as on 24/09/2024 as per @djrocky ..


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Options available for Redemption:


1) E-Gift Vouchers
@ 0.15 = AGV, FK, Myntra,
@ 0.25 =
Swiggy, Zomato,Amazon Prime, Croma, Dominos, , 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 Club Vistara
(@ 4 Reward points = 1 AirMile)
7) Catalogue
8) Golf
9) Charity..
10) Bill Pay ( @0.10 )
11) Movies ( ... coming soon)

Reward Redemption Matrix
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Joining / Renewal Fee Recovery Matrix

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Flight Booking Comparison Example:

HYD to MAA on 31/01/2024 for one adult:

1) RewardZ = 3,477 - Refundable
2) Amazon = 3,386 - No cancellation
3) MMT = 3,686. - No cancellation

So, it’s kind of comparable with about 5% variation.

YES Rewardz:

View attachment 40757



1705765563041.png

Amazon Flights:
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MMT

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Total Available Voucher Options: 59

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1705763904891.png
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1705763958989.png


A few Screenshots for redemptions:
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1705764380851.png

1705764487892.png
 
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Good that there's no redemption fees.
This is very important ...
In effect, whether you do 1 or 10 redemptions, it is indifferent..

Marquee and Private CC users only got this 0 Redemption fee. so you are exclusive even within YES system
 
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Seriously when its YFE it was perfect and on-time, not sure what they did with Reserv / Marquee with unstable product and miscalculations..
With Marquee I have never received 36 per 200 for most of my online transactions.. barring 1 or 2 times..
I dont have time to fight with them..
I completed my quota of 10L, major chunk of it via loading into wallets when wallet loading was rewarded.. now stopped spending on this..
Once they remove unlimited unconditional lounge access I will rethink abou this card...

Most of my online transactions gave me offline rates, latest being my Tradingview subscription ..which was a plain cheating ..
 
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With Marquee I have never received 36 per 200 for most of my online transactions.. barring 1 or 2..
I dont have time to fight with them..
I completed my quota of 10L majot chunk of it loading into wallets when wallet loading was rewarded.. now stopped spending on this..
Once they remove unlimited unconditional lounge access I will rethink abou this card...

Most of my online transactions gave me offline rates latest being my Trading view subscription ..

Yes, I stopped renewing subscription on my reserv and also spending due to limit in redemption points as 50% and point miscalculation.

If possible try to redeem points whenever possible because as they might implement same limit restriction to marquee too.
 
Yes, I stopped renewing subscription on my reserv and also spending due to limit in redemption points as 50% and point miscalculation.

If possible try to redeem points whenever possible because as they might implement same limit restriction to marquee too.
correct .. Mostly they wont restrict for air travel..

I use them for my next air travel ..anyway ...for sure ...
 
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With Marquee I have never received 36 per 200 for most of my online transactions.. barring 1 or 2 times..
I dont have time to fight with them..
I completed my quota of 10L, major chunk of it via loading into wallets when wallet loading was rewarded.. now stopped spending on this..
Once they remove unlimited unconditional lounge access I will rethink abou this card...

Most of my online transactions gave me offline rates, latest being my Tradingview subscription ..which was a plain cheating ..

Guys ..
Good news !!

I take back my words...

For the TradingView subscription that I talked about in my previous post .. they actually gave me full ONLINE reward rate ie. 36 per 200 .. which is great..
this I found out in my statement... The confusuion here is because, before statement generation I checked in netbanking , there they gave offline rate.. but after the statement generation , they gave full ONLINE rates...

So , the lesson learnt is:
wait until the statement is generated and then calculate the RP s according to spends.. unfortuantely they dont give RP per transaction.. ...They give total RP for the satement...

Anyway its good thing that I got 3,636 rewards on my 20,364 TradingView subscription.. which is great ... welldone YES.. some hope revived..
..

calculation: 20,364 , nearest mulitple of 200 is: 20,200 ...
20,200 / 200 = 101 ....
101 * 36 = 3636... YAY ....


At last, YES has pleaseantly surprised me !!

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Last edited:
Guys ..
Good news !!

I take back my words...

For the TradingView subscription that I talked about in my previous post .. they actually gave me full ONLINE rate rewards ie. 36 per 200 .. which is great..
this I found out in my statement... The confusuion here is because, before statement generation I checked in netbanking , there they gave offline rate.. but after the statement generation , they gave full ONLINE rates...

So , the lesson learnt is:
wait until the statement is generated and then calculate the RP s according to spends.. unfortuantely they dont give RP per transaction.. ...They give total RP for the satement...

Anyway its good thing that I got 3,636 rewards on my 20,364 TradingView subscription.. which is great ... welldone YES.. some hope revived....

View attachment 57890

View attachment 57891
correct, its same for reserv. i received all the points as per my calculation.
 
How are the redemption options for direct hotels? Or does it just make more sense to buy MMT Hotel voucher and live peacefully?

Also saw a lot of comments on incorrect rewards calculation. Is that still a thing?
Do you have a marquee card currently?
 
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