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:

​

 

[theflash]

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

Premium toh aisa dikha rha jaise Infinia baat rhae

 

[me_sovon]

Premium Card my foot

Niche Paytm SBI wala card bhi tha.
Paytm ko lagta hai ki Paytm payments Bank open kar liya hai to yehi humare liye premium hai

Humko indirectly gareeb kehne ka tarika thoda casual hai

 

[Anmolb]

So swiggy etc are gone and even amazon pay is @0.10 now??

 

[drsel]

So swiggy etc are gone and even amazon pay is @0.10 now??

So now you know the real value of yes bank points

 

[Anmolb]

So now you know the real value of yes bank points

I dodged a bullet. Gonna get my mum a phone off reliance digital @ 0.25.. but holy smokes- Yes bank sucks ass

 

[drsel]

I dodged a bullet. Gonna get my mum a phone off reliance digital @ 0.25.. but holy smokes- Yes bank sucks ass

You are not supposed to spend using Yes Marquee, in order to accumulate points which are hardly worth anything.

Marquee is to be used only for nonspend based benefits.
And non spend based benefits should be the only reason why anyone would apply for Marquee

 

[theflash]

You are not supposed to spend using Yes Marquee, in order to accumulate points which are hardly worth anything.

Marquee is to be used only for nonspend based benefits.
And non spend based benefits should be the only reason why anyone would apply for Marquee

But not all can get premium cards to get good reward rates so. IMO the card is good but the redemption option isn't that good. Although there is a Flight redemption option but ya it can't be feasible for all.

SBI CB card is best for normal users who can't get Super premium card with higher reward rates.

I have 2 SBI CB (mom and mine) but I've used Marquee for some online spends coz it gives 4.5% Reward rate ya redemption matters as now there are few options only but I do buy items from Reliance Smart so I've kept that as last option so that's not a problem for some...

So atlast it's depends on spends and redemption if anyone can extract the benefits then it's suitable for them if they can't extract the benefits then it's not suitable....

I've taken the card as it was FYF and wanted it for my mom & dad to get add-on Intl lounge benefit.

 

[anveshi]

But not all can get premium cards to get good reward rates so. IMO the card is good but the redemption option isn't that good. Although there is a Flight redemption option but ya it can't be feasible for all.

SBI CB card is best for normal users who can't get Super premium card with higher reward rates.

I have 2 SBI CB (mom and mine) but I've used Marquee for some online spends coz it gives 4.5% Reward rate ya redemption matters as now there are few options only but I do buy items from Reliance Smart so I've kept that as last option so that's not a problem for some...

So atlast it's depends on spends and redemption if anyone can extract the benefits then it's suitable for them if they can't extract the benefits then it's not suitable....

I've taken the card as it was FYF and wanted it for my mom & dad to get add-on Intl lounge benefit.

How did you get it FYF?

 

[theflash]

How did you get it FYF?

I paid ₹11800 will get 60k points so 60000*0.25 = ₹15000 kinda FYF.

 

[anveshi]

I paid ₹11800 will get 60k points so 60000*0.25 = ₹15000 kinda FYF.

Ah! The RPs way

When did you get the card? .. before they devalued the Joining Benefits to 40,000 from 60,000?

 

[Anmolb]

You are not supposed to spend using Yes Marquee, in order to accumulate points which are hardly worth anything.

Marquee is to be used only for nonspend based benefits.
And non spend based benefits should be the only reason why anyone would apply for Marquee

Sir had applied for those only. But won't you want the joining fee to be compensated? Shitty redemption rate and options..

 

[theflash]

Ah! The RPs way

When did you get the card? .. before they devalued the Joining Benefits to 40,000 from 60,000?

26 th June

 

[anveshi]

Sir had applied for those only. But won't you want the joining fee to be compensated? Shitty redemption rate and options..

In the same dilemma now if I should activate the card now or not after the reduction in Joining Benefit RPs

 

[drsel]

In the same dilemma now if I should activate the card now or not after the reduction in Joining Benefit RPs

You should activate it for the non spend benefits of
International and domestic lounge access plus guest entry
buy one get one movies and non movies up to 800

 

[anveshi]

You should activate it for the non spend benefits of
International and domestic lounge access plus guest entry
buy one get one movies and non movies up to 800

The 10 RPs/Rs. 200 for Select Categories (~1.25% if we go for flight tickets) still seems okay?
.. since, there doesn't seem to be any capping for Government Services and insurance premiums (other than utilities)

 

[anveshi]

Also, do Broadband payments fall under Select Categories?
Need to pay the bills for Excitel which isn't even included in the Broadband providers list on Amazon Pay

 

[rafzy]

Also, do Broadband payments fall under Select Categories?
Need to pay the bills for Excitel which isn't even included in the Broadband providers list on Amazon Pay

yes SELECT category, it's utilities

 

[nrj1007]

Also, do Broadband payments fall under Select Categories?
Need to pay the bills for Excitel which isn't even included in the Broadband providers list on Amazon Pay

You can buy amazon pay gift vouchers and pay using that.

 

[anveshi]

You can buy amazon pay gift vouchers and pay using that.

Guess you meant Gift 'Cards'? Vouchers don't get added to Amazon Pay balance for utility payments right?

And where do you suggest getting the gift cards?

 

[Slayer]

Guess you meant Gift 'Cards'? Vouchers don't get added to Amazon Pay balance for utility payments right?

And where do you suggest getting the gift cards?

Gift card, gift voucher ~~~ Tomato Tomato

There is Amazon Pay and Amazon Shopping - first one can be used for bill payments