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



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





------------------------------------------------------------------------------------------------------
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:

​

 

[SSV]

Anyone received redemption fee mail for 'Marquee'?

Post in thread 'YES Marquee vs YES Reserv 3x vs YES Reserv 5x'

Sep 24, 2024

They introduced the convenience fee (in other words 'reward redemption fee') where its useful most. Thankfully, excluded EGV otherwise 0.10p will become even less.

• helloworld

• 

Yes, I received at 11.49 am today..

 

[djrocky]

Posting in the correct thread.

I collated list of gift vouchers available currently. Some completely useless ones excluded. List is getting decreased day by day.

@0.25=Taj Experiences, Reliance Digital, Netmeds, Reliance Jewels (Store), Reliance Mart, Reliance Smart Point, Reliance Trends, Reliance Footwear, W, Apollo Pharmacy (Store), Bata (Store), Hidesign(Store)
@0.15=Kalyan Jewellers, Dominos Pizza, Home Center
@0.1=Amazon, Flipkart, Myntra, Yatra (Voucher), Lifestyle Online, Jockey (Online)

Flight and hotel still remains at 0.25 but now with redemption fees for flights.

Also sharing point value based on where you spend and redeem.

1) Online Spends - 36 YES Rewardz Points / ₹200 (4.5% for 0.25, 2.7% for 0.15, 1.8% for 0.1)
2) Offline Spends - 18 YES Rewardz Points / ₹200 (2.25% for 0.25, 1.35% for 0.15, 0.9% for 0.1)
3) Select Category - 10 YES Rewardz Points /₹200 (1.25% for 0.25, 0.75% for 0.15, 0.5% for 0.1)

Very soon this card is going to be dead, the way it is getting devalued.

Can someone update the details on main page and add if anything missed

 

[navdeep22]

I still feel if reliance smart and reliance Mart are there , then 0.25 value and be redeemed easily. Assuming you don't have sodexo

 

[navdeep22]

Yes Marquee still useful based on situations.

1. I've family of 4 members, almost every month i book recliner seats only using 2+2 bookmyshow offer, know the feeling of afternoon show after lunch in a recliner 🙂
2. Used 2 guest member free of cost in lounges, so covered 3 people in one card @ airport quarterly.
3. Received 60k reward points in Jun'24 and booked 15k flight tickets in Aug'24. (domestic one way fully covered for 4 members)
4. 1% forex fees used for my US certification renewals and memberships.

Bhai sach btao, lunch krke recliners pe movie dekhne jaate ya sone?

 

[SSV]

Posting in the correct thread.

I collated list of gift vouchers available currently. Some completely useless ones excluded. List is getting decreased day by day.

@0.25=Taj Experiences, Reliance Digital, Netmeds, Reliance Jewels (Store), Reliance Mart, Reliance Smart Point, Reliance Trends, Reliance Footwear, W, Apollo Pharmacy (Store), Bata (Store), Hidesign(Store)
@0.15=Kalyan Jewellers, Dominos Pizza, Home Center
@0.1=Amazon, Flipkart, Myntra, Yatra (Voucher), Lifestyle Online, Jockey (Online)

Flight and hotel still remains at 0.25 but now with redemption fees for flights.

Also sharing point value based on where you spend and redeem.

1) Online Spends - 36 YES Rewardz Points / ₹200 (4.5% for 0.25, 2.7% for 0.15, 1.8% for 0.1)
2) Offline Spends - 18 YES Rewardz Points / ₹200 (2.25% for 0.25, 1.35% for 0.15, 0.9% for 0.1)
3) Select Category - 10 YES Rewardz Points /₹200 (1.25% for 0.25, 0.75% for 0.15, 0.5% for 0.1)

Very soon this card is going to be dead, the way it is getting devalued.

Can someone update the details on main page and add if anything missed

Thanks for the hard yards..
I will update the first post..

 

[subham23]

Bhai sach btao, lunch krke recliners pe movie dekhne jaate ya sone?

little bit, my younger kid sleeps immediately 🙂, also to avoid all long advertisements and some songs..

 

[navdeep22]

little bit, my younger kid sleeps immediately 🙂, also to avoid all long advertisements and some songs..

One time I went for 9:30 am show for all recliner cinema and there was no one else.

 

[subham23]

One time I went for 9:30 am show for all recliner cinema and there was no one else.

hope it was not a horror movie 🙂

 

[KLB@96]

if they keep de valuating I shall close before renewal

 

[subham23]

Posting in the correct thread.

I collated list of gift vouchers available currently. Some completely useless ones excluded. List is getting decreased day by day.

@0.25=Taj Experiences, Reliance Digital, Netmeds, Reliance Jewels (Store), Reliance Mart, Reliance Smart Point, Reliance Trends, Reliance Footwear, W, Apollo Pharmacy (Store), Bata (Store), Hidesign(Store)
@0.15=Kalyan Jewellers, Dominos Pizza, Home Center
@0.1=Amazon, Flipkart, Myntra, Yatra (Voucher), Lifestyle Online, Jockey (Online)

Flight and hotel still remains at 0.25 but now with redemption fees for flights.

Also sharing point value based on where you spend and redeem.

1) Online Spends - 36 YES Rewardz Points / ₹200 (4.5% for 0.25, 2.7% for 0.15, 1.8% for 0.1)
2) Offline Spends - 18 YES Rewardz Points / ₹200 (2.25% for 0.25, 1.35% for 0.15, 0.9% for 0.1)
3) Select Category - 10 YES Rewardz Points /₹200 (1.25% for 0.25, 0.75% for 0.15, 0.5% for 0.1)

Very soon this card is going to be dead, the way it is getting devalued.

Can someone update the details on main page and add if anything missed

good job, their e-vouchers list reduced from 59 when launched to 30 that is 50% exclusion, I've planned to redeem amazon prime using 6000 RPs in October 🙁

 

[shashiishere]

How is it for conversion to club vistara (given the merger with AI) 1 mile = 10 points? What would be the approximate value?

 

[navdeep22]

U get 36 points on 200 spends so 18 points per 100₹ . Aage to aap kr skte ho sir

How is it for conversion to club vistara (given the merger with AI) 1 mile = 10 points? What would be the approximate value?

 

[helloworld]

How is it for conversion to club vistara (given the merger with AI) 1 mile = 10 points? What would be the approximate value?

Post in thread 'Best way to redeem Indusind CC Points'

Jul 19, 2024

So for club vistara, how much is 1 CV point to rupee ratio?

Value only you can decide, I'll give you an idea..

Ex: Delhi to Hyd

Required CV points for award flight (note: availability as per the day you booked)

Book Flights & Check In Online | Vistara

Enjoy 3 cabin classes, gourmet food, complimentary inflight entertainment, award-winning inflight service and more! Book your ticket with https://www.airvistara.com.

www.airvistara.com

Economy = 5000 CV
Premium = 8500 CV
Business = 18000 CV

+ Taxes (in this example take 700, it varies)

Now, to get the value we need to find actual value we might pay if we don't have CV points..



Same day Vistara charging ₹ 5,902 for Economy.

1 CV = 1.04Rs.

or 2 days...

• helloworld

. . .

 

[shashiishere]

U get 36 points on 200 spends so 18 points per 100₹ . Aage to aap kr skte ho sir

Compared to Vistara cards this conversion is better. But not every spend will fetch 36.

 

[shashiishere]

Post in thread 'Best way to redeem Indusind CC Points'

Jul 19, 2024

So for club vistara, how much is 1 CV point to rupee ratio?

Value only you can decide, I'll give you an idea..

Ex: Delhi to Hyd

Required CV points for award flight (note: availability as per the day you booked)

Book Flights & Check In Online | Vistara

Enjoy 3 cabin classes, gourmet food, complimentary inflight entertainment, award-winning inflight service and more! Book your ticket with https://www.airvistara.com.

www.airvistara.com

Economy = 5000 CV
Premium = 8500 CV
Business = 18000 CV

+ Taxes (in this example take 700, it varies)

Now, to get the value we need to find actual value we might pay if we don't have CV points..



Same day Vistara charging ₹ 5,902 for Economy.

1 CV = 1.04Rs.

or 2 days...

• helloworld

. . .

Sir the point required for air india flights are higher. What would be the rupee value of an air india point?

 

[helloworld]

Sir the point required for air india flights are higher. What would be the rupee value of an air india point?

1st sentence answer your query.

Value only you can decide, I'll give you an idea..

The value of points is not fixed and can vary depending on several factors, including: time, weather, situation, festival, day, etc.

During Peak Season: The value of 1 point can be ₹3.
During Regular Times: The value of 1 point can drop as low as ₹0.10.

When you are ready to redeem points on a specific day:

1. Check Air India: Look at the points required for a booking on the Air India website.
2. Check MMT etc.: Find the price of the same booking.

From these two, you can determine how much 1 Air India point equals in rupees.

Tip:

• Until you actually redeem your points, assume the value is ₹0.25 per point (this is the rate that YES Bank provides).
• Keep in mind that the value can increase during redemption depending on the factors mentioned earlier.

If you're happy with ₹0.25 per point, you'll likely be satisfied during redemption, as it could be higher. If not, this card might not be the best fit for you.

 

[shashiishere]

Does anybody know if the reward points acquired on the rupay companion card are credited to the same marquee account or separately?

 

[anveshi]

Does anybody know if the reward points acquired on the rupay companion card are credited to the same marquee account or separately?

I don't 'know', but think those would be separate since -
1) The card is not linked with the Marquee card
2) Redemption rates, options and charges are as per the card - so, doesn't make sense for Yes to let someone use points of another card with the Marquee points

 

[sidp]

Posting in the correct thread.

I collated list of gift vouchers available currently.

@0.25=Taj Experiences, Reliance Digital, Netmeds, Reliance Jewels (Store), Reliance Mart, Reliance Smart Point, Reliance Trends, Reliance Footwear, W, Apollo Pharmacy (Store), Bata (Store), Hidesign(Store)
@0.15=Kalyan Jewellers, Dominos Pizza, Home Center

@SSV
I am planning to take this card. Can you guys confirm couple of things?.
1. Currently redemption options available under gold/diamond jewellery are ( Kalyan at 0.15 & reliance jewels at 0.25). Is there any other option?
2. Is there any redemption fee for these options?

 

[helloworld]

@SSV
I am planning to take this card. Can you guys confirm couple of things?.
1. Currently redemption options available under gold/diamond jewellery are ( Kalyan at 0.15 & reliance jewels at 0.25). Is there any other option?
2. Is there any redemption fee for these options?

2. No
1.

Post in thread 'YES Marquee vs YES Reserv 3x vs YES Reserv 5x'

Sep 23, 2024

Current redemption options for EGV (not the best solution for any of these cards, still incase if needed):





-- brands may change anytime, no assurance for tomorrow.

• helloworld

•