YES Bank RewardZ Redemption Options - for MARQUEE Credit Card

[SSV]

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



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




Joining / Renewal Fee Recovery Matrix

​

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





Amazon Flights:


MMT





Total Available Voucher Options: 59







A few Screenshots for redemptions:

​

 

[SteelSh0t]

This is for the non spend benefits.
for spends you have SBI cashback for 5% return on online spends and AU Lit for offline

I use this card for the spend benefit because it offers 1% markup

 

[abhikbose]

Does Yes Marquee offer 36 rewards/200 on Amazon and Flipkart Gift Voucher purchases using the card?

 

[bing1309]

Is this card good for forex Transaction where I can be in profit if I swipe in forex currency?

 

[helloworld]

Is this card good for forex Transaction where I can be in profit if I swipe in forex currency?

Thread 'YES Marquee vs YES Reserv 3x vs YES Reserv 5x'

Mar 27, 2024

Category	YES MARQUÉE	YES RESERV 3x	YES RESERV 5x
Suitable for	for online spends	for all spends	for Travel, Dining, Apparel, and Healthcare spends
JF (First Year Membership Fee)	11800 (incl. GST)	2360 (incl. GST)	2360 (incl. GST)
Joining benefits / Net Return	10,000 worth of reward points (-1,800)	2360 off on spends of 40k done within 30 days (+0)	2360 off on...

• helloworld
• Replies: 197
• Forum: Yes Bank Credit Card

• 
• 
• 

. . .

 

[drsel]

Does Yes Marquee offer 36 rewards/200 on Amazon and Flipkart Gift Voucher purchases using the card?

It is supposed to but very often they gave 18 instead of 36

 

[MS R]

I was interested in the Yes Reserve card, but last week when I applied, only two cards were recommended:

1. Marquee
2. Create Your Own Card (BYOC)

got CIBIL hit . Is there any way I can get the Reserve card if I apply again?

Also, I don’t mind paying the fee for the Marquee card. Is the redemption for flights/hotels 50% or 70%? cc @SSV

 

[helloworld]

I was interested in the Yes Reserve card, but last week when I applied, only two cards were recommended:

1. Marquee
2. Create Your Own Card (BYOC)

got CIBIL hit . Is there any way I can get the Reserve card if I apply again?

It is what it is. Do refer the comparison posted 2 posts above to check whether Marquee or reserv for your spends. Marquee is one category above reserv, so take decision accordingly.

Also, I don’t mind paying the fee for the Marquee card. Is the redemption for flights/hotels 50% or 70%? cc @SSV

last its 100%, but expect above 70% all the time with Marquee (reward accumulation takes time, YES bank at this situation will make any changes, so expect worst in that case 70%).

Never, ever, ever apply for reward card without backup plan, as mentioned reward accumulation take time and anything can happen by that time. So be prepared and apply only if you're ok with one of the three selected redemption options (as per your choice), otherwise apply cashback cards.

 

[MS R]

It is what it is. Do refer the comparison posted 2 posts above to check whether Marquee or reserv for your spends. Marquee is one category above reserv, so take decision accordingly.



last its 100%, but expect above 70% all the time with Marquee (reward accumulation takes time, YES bank at this situation will make any changes, so expect worst in that case 70%).

Never, ever, ever apply for reward card without backup plan, as mentioned reward accumulation take time and anything can happen by that time. So be prepared and apply only if you're ok with one of the three selected redemption options (as per your choice), otherwise apply cashback cards.

thank you...
will apply if its 100% redemption for flights... will use for a year and then decide to continue or not

 

[helloworld]

thank you...
will apply if its 100% redemption for flights... will use for a year and then decide to continue or not

then don't. they'll devalue within next month and kept 70%, what you do then. I'm assuming by that time you won't have enough points for flights. apply only if you're ok with 70% (because that can sustain compare to 100%).

 

[technoanonymous]

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

View attachment 40696

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
View attachment 41983



Joining / Renewal Fee Recovery Matrix

View attachment 41986​

View attachment 40697

View attachment 40701


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



View attachment 40743

Amazon Flights:
View attachment 40753

MMT

View attachment 40755



Total Available Voucher Options: 59

View attachment 40717
View attachment 40719
View attachment 40722
View attachment 40723


A few Screenshots for redemptions:
View attachment 40733


View attachment 40729

View attachment 40730

View attachment 40735​

Heavily devalued now. Reward rate for Amazon Flipkart vouchers are now 0.10 rs. (down from 0.15 rs)

 

[drsel]

Heavily devalued now. Reward rate for Amazon Flipkart vouchers are now 0.10 rs. (down from 0.15 rs)

For any credit card the value given to Amazon pay reflects the true value of the point

 

[theflash]

Heavily devalued now. Reward rate for Amazon Flipkart vouchers are now 0.10 rs. (down from 0.15 rs)

Swiggy Zomato removed as well.

 

[helloworld]

Heavily devalued now. Reward rate for Amazon Flipkart vouchers are now 0.10 rs. (down from 0.15 rs)

which card marquee or reserv?

Swiggy Zomato removed as well.

will re-stock. its temporary.

 

[theflash]

which card marquee or reserv?

Marquee

will re-stock. its temporary

Oh
Hope by 18th it's done without Devaluation.

 

[Indrajeet100]

Swiggy Zomato gone..all useful ones worth Rs.0.10. Even before joining 60k received this has gone for toss.

 

[JustMak]

Got approved of Marquee card two days back (had applied a while back, but some application issue). Based on recent comments, it seems that the card is not worthy now?

I know that welcome benefit of 60K pts has been reduced to 40K. What more has gone down? Can someone with experience provide a quick gist of pros and cons of this card?

 

[helloworld]

Marquee

Oh
Hope by 18th it's done without Devaluation.

Swiggy Zomato gone..all useful ones worth Rs.0.10. Even before joining 60k received this has gone for toss.

Got approved of Marquee card two days back (had applied a while back, but some application issue). Based on recent comments, it seems that the card is not worthy now?

I know that welcome benefit of 60K pts has been reduced to 40K. What more has gone down? Can someone with experience provide a quick gist of pros and cons of this card?

Flight and hotel always 0.25p which is major benefit for this card, IMO.

 

[theflash]

Flight and hotel always 0.25p which is major benefit for this card, IMO.

That is ofc but I don't have any flight bookings regularly. My main point for taking this card was lounge benefits. Although lets see if I'm able to get these 60k points and redeem them as per 0.25p then it'll be beneficial to recover FY Fee and kind of 2Y Fee and we'll.

 

[me_sovon]

Paytm show to aise kar raha hai ki just click karunga aur card generate ho jayega

 

[theflash]

Paytm show to aise kar raha hai ki just click karunga aur card generate ho jayega
View attachment 68860

Premium Card my foot