YES Marquee vs YES Reserv 3x vs YES Reserv 5x

[helloworld]

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 spends of 40k done within 30 days (+0)
Subscription Fee	-	4130 (incl. 3x Plan + GST)	5900 (incl. 5x Plan + GST)
Online Spends (on every 200)	36 RPs (2.7% - 4.5%) ----------------------- 4.5% if points are used for flights/hotels. 2.7% if points are used for statement credit/vouchers.​	48 RPs (2.4% - 6%) ------------------------ 6% if points are used for flights/hotels. 2.4% if points are used for statement credit/vouchers.	72 RPs on 5x categories (3.6% - 9%) 24 RPs on other categories (1.2% - 3%) ------------------------ 9% if points are used for flights/hotels. 3.6% if points are used for statement credit/vouchers.
Offline Spends (on every 200)	18 RPs (1.35% - 2.25%) -------------------------- 2.25% (18 per 200) if points are used for flights/hotels. 1.35% if points are used for statement credit/vouchers.	36 RPs (1.8% - 4.5%) -------------------------- 4.5% if points are used for flights/hotels. 1.8% if points are used for statement credit/vouchers.	60 RPs on 5x categories (3% - 7.5%) 12 RPs on other categories (0.6% - 1.5%) ------------------------ 7.5% if points are used for flights/hotels. 3% if points are used for statement credit/vouchers.
Select Categories (on every 200) (utilities, insurance, govt. payments, education fee)	10 RPs (0.75% - 1.25%) --------------------------- 1.25% if points are used for flights/hotels. 0.75% if points are used for statement credit/vouchers.	18 RPs (0.9% - 2.25%) --------------------------- 2.25% if points are used for flights/hotels. 0.90% if points are used for statement credit/vouchers.	6 RPs on all categories (0.3% - 0.75%) ------------------------- 0.75% if points are used for flights/hotels. 0.3% if points are used for statement credit/vouchers.
Reward Point Value	Flights/Hotel - 0.25p (at a time max. 70% points can be redeemable) Statement credit/vouchers. - 0.15p (at a time max. 50% points can be redeemable)	Flights/Hotel - 0.25p (at a time max. 70% points can be redeemable) statement credit/vouchers. - 0.10p (at a time max. 50% points can be redeemable)	Flights/Hotel - 0.25p (at a time max. 70% points can be redeemable) statement credit/vouchers. - 0.10p (at a time max. 50% points can be redeemable)
Max. Rewards per statement cycle	1L points // apprx. 5L+ spends	36k points (base) + 75k (subscription points) // apprx. 6L spends	36k points (base) + 75k (subscription points) // apprx. 6L spends
Renewal Fee / Benefits	5,900 / waived if spend 10L or 5,000 worth of reward points if fee charged (-900)	2,360 / waived if spends 3L or 2,000 worth of reward points if fee charged (-360)	2,360 / waived if spends 3L or 2,000 worth of reward points if fee charged (-360)
Additional Benefits
Wallet / Rent MCC	0%	0%	0%
Utility (Select category)	-1.18% if Utility >15k and no reward points for those >15k spends	-1.18% if Utility >15k and no reward points for those >15k spends	-1.18% if Utility >15k and no reward points for those >15k spends
Domestic Lounge	6 / Quarter (both primary and add-on) *1L/qtr	3 / Quarter (only primary) *1L/qtr	3 / Quarter (only primary) *1L/qtr
International Lounge	Unlimited (both primary and add-on) No spend reqd	6 / Year (only primary) No spend reqd	6 / Year (only primary) No spend reqd
Guest Visits (dom. or Intl. Lounge)	8 / Year	-	-
Bookmyshow	50% (max. 3 free per month upto 800 per ticket)	25% (max. once upto 250 per ticket)	25% (max. once upto 250 per ticket)
Foreign Currency Markup	-1.18% (reduce this value from above reward rate)	-2.07% (reduce this value from above reward rate)	-2.07% (reduce this value from above reward rate)
On 3L spends (Sample) (When 1 RP = 0.25p)	Online Spends = 54000 RP + 40000 RP (if joining fee paid) + 20000 RP (if renewal fee paid) = 114000 RP = 114000 RP * 0.25 = 28,500 = 28,500 - 11,800 (JF paid) -5,900 (RF paid) = 10,800 Net return = 3.6%	All Category Spends = 54000 RP + (JF waived) + (RF waived) = 54000 RP = 54000 RP * 0.25 = 13,500 = 13,500 - 4,130 (sub. fee) = 9,370 Net return = 3.12%	On Offline Travel, Dining, Apparel, and Health Care Spends = 90000 RP + (JF waived) + (RF waived) = 90000 RP = 90000 RP * 0.25 = 22,500 = 22,500 - 5,900 (sub. fee) = 16,600 Net return = 5.53%

Drsel's advice
1. Ideally Yes Marquee should be used only for online spends and the points earned should be redeemed for flights or hotels or any voucher that available at 0.25p.

2. Ideally Yes Reserve 3x should be used only for online spends and the points earned should be redeemed for flights or hotels.

3. Yes Reserve 5x has the highest return of all Yes Bank cards, provided you have a lot of expenses in hospital bills, doctors fees, diagnostic tests (blood test, x-ray, CT scan, MRI etc.), medicines, travel (including online travel agents), luxury fashion brands.

Ideally Yes Reserve 5x should be used only for online spends in all the above categories, and the points earned should be redeemed for flights/hotels.

4. For all spends, if possible, ask the merchant to send a payment link by SMS, email or WhatsApp, so that you can pay online instead of offline to get the extra 2.25% (Marquee) or extra 1.5%.(Reserv 3x and 5x)

YES Reserv: https://www.yesbank.in/personal-banking/cards/credit-card/reserv-credit-card
YES Marquee: https://www.yesbank.in/personal-banking/yes-individual/cards/credit-cards/marquee-credit-card
Subscription Plan: https://www.yesbank.in/credit-card-services/rewards-subscription-plan
Lounge conditions: https://www.yesbank.in/pdf?name=yesbank_creditcard_tnc.pdf
Rewards Cap: https://www.yesbank.in/pdf?name=yesbank_reward_point_capping.pdf



A Gentle Warning: YES Bank is unstable with their product features at this time, frequent changes happening and that too without informing user, so spend carefully.

For unstable, refer changes made by YES bank Since May'23:

1. Rent/Wallet surcharge 0.59%
2. Rent/Wallet surcharge 0.885%
3. Rent/Wallet surcharge 1.18%
4. Priority pass related update (adjusted visit count)
5. Adjusted categories in subscription and limits
6. Rental and Wallet spends will not accrue any Reward Points
6. Capping of Reward Points earned on Utility Spends - Rewards to be earned upto spends of INR 15,000 per statement cycle
6. Forex Markup Fee of 1.18% on Dynamic Currency Conversion (DCC)* Spends
7. utility limit changed twice or thrice
8. Increased spends required for lounge access (twice or thrice)
9. 1.18% surcharge on utility
10. Updates on 1.18% surcharge on utility
11. Modified select categories 4th time.
12. Reduction in fuel surcharge waiver and 1.18% or 199 in rental.
13. Spends threshold for Annual and Joining Fee reversal will exclude Rent and Wallet Transactions
14. Jul'24 -- Marquee joining points reduced by 33% from 60000 (Rs.15000) to 40000 (Rs.10000), but joining fee same Rs.11800
15. Oct'24 -- Reward Redemption Fee for Reserv and (possibly) Marquee
16. Observed slight changes to reward earn rate through subscription plan.
17. Lounge restriction revised based on spends (2nd time).
18. Reward restriction revised to 70%.
19. Nov'24 -- Reward restriction now 50% for vouchers and 70% flights/hotels.
20. Nov'24 -- Lounge restriction revised based on spends (3rd time).

 

[drsel]

Any opinions on yes subscription plan devaluation in next 1-2 years? I wondering if I should stay with Yes Reserv 3x or Request for LTF upgrade to Marquee.

Recently saw one guy on X getting Marquee LTF just by no activation trick without any spends on 6 months old reserv card. In my case, I have good spends as well as larger time period, so chances are more.

If I compare Yes Reserv 3x Online spends with Yes Marquee for saying 10L spends, there is difference of 60000 reward points valued around 12000 INR after recent devaluations.

Subscription cost is 4130 and BMS BOGO 3x vs 25% offer difference would be around say 150x3x12 = 5400. Lounges and Golfs are not really worth it. 0.75% Forex markup benefits is there, but not considering it right now. So, I still see a net profit of about 2500 with Yes Reserv 3x over Marquee.

All this is assuming no further devaluations on subscription plan. So, any opinions on this @helloworld ? The plan seem to be stable since last 5-6 months and points also seem to be coming properly since 5-6 months.

But with 10 lacs spends you can easily get nearly 11% return on Magnus Burgundy, so why do you need to pay subscription for yes Reserve 3x?

 

[Harry1]

But with 10 lacs spends you can easily get nearly 11% return on Magnus Burgundy, so why do you need to pay subscription for yes Reserve 3x?

@Abhishek012 ka dialogue suna hoga. HDFC aur SBI ke pass boht paisa hai.

Ab mera sunlo - Axis ke pass bilkul Paisa nai hai😜.

Latest Axis Circus - https://www.technofino.in/community...transactions-of-2023-year-end-circus-🎪.35492/

 

[helloworld]

Any opinions on yes subscription plan devaluation in next 1-2 years? I wondering if I should stay with Yes Reserv 3x or Request for LTF upgrade to Marquee.

Recently saw one guy on X getting Marquee LTF just by no activation trick without any spends on 6 months old reserv card. In my case, I have good spends as well as larger time period, so chances are more.

If I compare Yes Reserv 3x Online spends with Yes Marquee for saying 10L spends, there is difference of 60000 reward points valued around 12000 INR after recent devaluations.

Subscription cost is 4130 and BMS BOGO 3x vs 25% offer difference would be around say 150x3x12 = 5400. Lounges and Golfs are not really worth it. 0.75% Forex markup benefits is there, but not considering it right now. So, I still see a net profit of about 2500 with Yes Reserv 3x over Marquee.

All this is assuming no further devaluations on subscription plan. So, any opinions on this @helloworld ? The plan seem to be stable since last 5-6 months and points also seem to be coming properly since 5-6 months.

mostly might add 2-3 more categories but otherwise its stable. I'm hoping they might kept some more restrictions with redemption like 50%.

Chances for LTF Marquee depends on luck, can't say anything, it may or maynot happen for anyone.

Till then I believe subscription is better compared to direct marquee.

 

[drsel]

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 spends of 40k done within 30 days (+0)
Subscription Fee	-	4130 (incl. 3x Plan + GST)	5900 (incl. 5x Plan + GST)
Online Spends (on every 200)	36 RPs (2.7% - 4.5%) ----------------------- 4.5% if points are used for flights/hotels. 2.7% if points are used for statement credit/vouchers.​	48 RPs (2.4% - 6%) ------------------------ 6% if points are used for flights/hotels. 2.4% if points are used for statement credit/vouchers.	72 RPs on 5x categories (3.6% - 9%) 24 RPs on other categories (1.2% - 3%) ------------------------ 9% if points are used for flights/hotels. 3.6% if points are used for statement credit/vouchers.
Offline Spends (on every 200)	18 RPs (1.35% - 2.25%) -------------------------- 2.25% (18 per 200) if points are used for flights/hotels. 1.35% if points are used for statement credit/vouchers.	36 RPs (1.8% - 4.5%) -------------------------- 4.5% if points are used for flights/hotels. 1.8% if points are used for statement credit/vouchers.	60 RPs on 5x categories (3% - 7.5%) 12 RPs on other categories (0.6% - 1.5%) ------------------------ 7.5% if points are used for flights/hotels. 3% if points are used for statement credit/vouchers.
Select Categories (on every 200) (utilities, insurance, govt. payments, education fee)	10 RPs (0.75% - 1.25%) --------------------------- 1.25% if points are used for flights/hotels. 0.75% if points are used for statement credit/vouchers.	18 RPs (0.9% - 2.25%) --------------------------- 2.25% if points are used for flights/hotels. 0.90% if points are used for statement credit/vouchers.	6 RPs on all categories (0.3% - 0.75%) ------------------------- 0.75% if points are used for flights/hotels. 0.3% if points are used for statement credit/vouchers.
Reward Point Value	Flights/Hotel - 0.25p (at a time max. 70% points can be redeemable) Statement credit/vouchers. - 0.15p (at a time max. 50% points can be redeemable)	Flights/Hotel - 0.25p (at a time max. 70% points can be redeemable) statement credit/vouchers. - 0.10p (at a time max. 50% points can be redeemable)	Flights/Hotel - 0.25p (at a time max. 70% points can be redeemable) statement credit/vouchers. - 0.10p (at a time max. 50% points can be redeemable)
Max. Rewards per statement cycle	1L points // apprx. 5L+ spends	36k points (base) + 75k (subscription points) // apprx. 6L spends	36k points (base) + 75k (subscription points) // apprx. 6L spends
Renewal Fee / Benefits	5,900 / waived if spend 10L or 5,000 worth of reward points if fee charged (-900)	2,360 / waived if spends 3L or 2,000 worth of reward points if fee charged (-360)	2,360 / waived if spends 3L or 2,000 worth of reward points if fee charged (-360)
Additional Benefits
Wallet / Rent MCC	0%	0%	0%
Utility (Select category)	-1.18% if Utility >15k and no reward points for those >15k spends	-1.18% if Utility >15k and no reward points for those >15k spends	-1.18% if Utility >15k and no reward points for those >15k spends
Domestic Lounge	6 / Quarter (both primary and add-on) *1L/qtr	3 / Quarter (only primary) *1L/qtr	3 / Quarter (only primary) *1L/qtr
International Lounge	Unlimited (both primary and add-on) No spend reqd	6 / Year (only primary) No spend reqd	6 / Year (only primary) No spend reqd
Guest Visits (dom. or Intl. Lounge)	8 / Year	-	-
Bookmyshow	50% (max. 3 free per month upto 800 per ticket)	25% (max. once upto 250 per ticket)	25% (max. once upto 250 per ticket)
Foreign Currency Markup	-1.18% (reduce this value from above reward rate)	-2.07% (reduce this value from above reward rate)	-2.07% (reduce this value from above reward rate)
On 3L spends (Sample) (When 1 RP = 0.25p)	Online Spends = 54000 RP + 40000 RP (if joining fee paid) + 20000 RP (if renewal fee paid) = 114000 RP = 114000 RP * 0.25 = 28,500 = 28,500 - 11,800 (JF paid) -5,900 (RF paid) = 10,800 Net return = 3.6%	All Category Spends = 54000 RP + (JF waived) + (RF waived) = 54000 RP = 54000 RP * 0.25 = 13,500 = 13,500 - 4,130 (sub. fee) = 9,370 Net return = 3.12%	On Offline Travel, Dining, Apparel, and Health Care Spends = 90000 RP + (JF waived) + (RF waived) = 90000 RP = 90000 RP * 0.25 = 22,500 = 22,500 - 5,900 (sub. fee) = 16,600 Net return = 5.53%

Drsel's advice
1. Ideally Yes Marquee should be used only for online spends and the points earned should be redeemed for flights or hotels or any voucher that available at 0.25p.

2. Ideally Yes Reserve 3x should be used only for online spends and the points earned should be redeemed for flights or hotels.

3. Yes Reserve 5x has the highest return of all Yes Bank cards, provided you have a lot of expenses in hospital bills, doctors fees, diagnostic tests (blood test, x-ray, CT scan, MRI etc.), medicines, travel (including online travel agents), luxury fashion brands.

Ideally Yes Reserve 5x should be used only for online spends in all the above categories, and the points earned should be redeemed for flights/hotels.

4. For all spends, if possible, ask the merchant to send a payment link by SMS, email or WhatsApp, so that you can pay online instead of offline to get the extra 2.25% (Marquee) or extra 1.5%.(Reserv 3x and 5x)

YES Reserv: https://www.yesbank.in/personal-banking/cards/credit-card/reserv-credit-card
YES Marquee: https://www.yesbank.in/personal-banking/yes-individual/cards/credit-cards/marquee-credit-card
Subscription Plan: https://www.yesbank.in/credit-card-services/rewards-subscription-plan
Lounge conditions: https://www.yesbank.in/pdf?name=yesbank_creditcard_tnc.pdf
Rewards Cap: https://www.yesbank.in/pdf?name=yesbank_reward_point_capping.pdf

View attachment 70434

A Gentle Warning: YES Bank is unstable with their product features at this time, frequent changes happening and that too without informing user, so spend carefully.

For unstable, refer changes made by YES bank Since May'23:

1. Rent/Wallet surcharge 0.59%
2. Rent/Wallet surcharge 0.885%
3. Rent/Wallet surcharge 1.18%
4. Priority pass related update (adjusted visit count)
5. Adjusted categories in subscription and limits
6. Rental and Wallet spends will not accrue any Reward Points
6. Capping of Reward Points earned on Utility Spends - Rewards to be earned upto spends of INR 15,000 per statement cycle
6. Forex Markup Fee of 1.18% on Dynamic Currency Conversion (DCC)* Spends
7. utility limit changed twice or thrice
8. Increased spends required for lounge access (twice or thrice)
9. 1.18% surcharge on utility
10. Updates on 1.18% surcharge on utility
11. Modified select categories 4th time.
12. Reduction in fuel surcharge waiver and 1.18% or 199 in rental.
13. Spends threshold for Annual and Joining Fee reversal will exclude Rent and Wallet Transactions
14. Jul'24 -- Marquee joining points reduced by 33% from 60000 (Rs.15000) to 40000 (Rs.10000), but joining fee same Rs.11800
15. Oct'24 -- Reward Redemption Fee for Reserv and (possibly) Marquee
16. Observed slight changes to reward earn rate through subscription plan.
17. Lounge restriction revised based on spends (2nd time).
18. Reward restriction revised to 70%.
19. Nov'24 -- Reward restriction now 50% for vouchers and 70% flights/hotels.
20. Nov'24 -- Lounge restriction revised based on spends (3rd time).

Kindly mention the spend requirement for domestic lounge access

 

[Harry1]

Ok, if not charged in that statement, then no charges mostly.

My new statement generated. No charges for redemption. So, seems it wasn't implemented properly till last month.

But now, they have added this processing fee in yes rewards site itself along with the new 70-30 rule.

So, if flight fare is 5000, total becomes 5117 and u need to pay 70% of 5117 using 14328 points and rest 1535 using card.

For vouchers, I still don't see the 50-50 rule being implemented at least for swiggy one with reserv, even though I see the text saying about 50% redemption. So, if the same works with Marquee with 0.25 per point as well, as redemption for flights doesn't seem beneficial with the 70-30 rule, then that is one more motivation to try for LTF Marquee upgrade.

 

[helloworld]

Kindly mention the spend requirement for domestic lounge access

its there 1L/qtr any changes?

 

[helloworld]

My new statement generated. No charges for redemption. So, seems it wasn't implemented properly till last month.

But now, they have added this processing fee in yes rewards site itself along with the new 70-30 rule.

So, if flight fare is 5000, total becomes 5117 and u need to pay 70% of 5117 using 14328 points and rest 1535 using card.

Ok, so we can pay 70% proc.fee also with points?

For vouchers, I still don't see the 50-50 rule being implemented at least for swiggy one with reserv, even though I see the text saying about 50% redemption. So, if the same works with Marquee with 0.25 per point as well, as redemption for flights doesn't seem beneficial with the 70-30 rule, then that is one more motivation to try for LTF Marquee upgrade.

Yes this voucher area where marquee shines now, but its under gray have to wait 2 -3 months to settle things.

 

[drsel]

My new statement generated. No charges for redemption. So, seems it wasn't implemented properly till last month.

But now, they have added this processing fee in yes rewards site itself along with the new 70-30 rule.

So, if flight fare is 5000, total becomes 5117 and u need to pay 70% of 5117 using 14328 points and rest 1535 using card.

For vouchers, I still don't see the 50-50 rule being implemented at least for swiggy one with reserv, even though I see the text saying about 50% redemption. So, if the same works with Marquee with 0.25 per point as well, as redemption for flights doesn't seem beneficial with the 70-30 rule, then that is one more motivation to try for LTF Marquee upgrade.

Ok, so we can pay 70% proc.fee also with points?
Yes this voucher area where marquee shines now, but its under gray have to wait 2 -3 months to settle things.

So what is the return % of Marquee Reserv 3x and 5x if you use--
1) 70% points to buy air tickets
2) 50% points to buy Swiggy cash

 

[helloworld]

So what is the return % of Marquee Reserv 3x and 5x if you use--
1) 70% points to buy air tickets
2) 50% points to buy Swiggy cash

it won't increase. and only last batch (when you close credit card or points expiry) affect this "magical complicated numbers".

something like this..

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

Oct 31, 2024

Same here, I preferred Reserv over dcb since I was able to book full flight tickets using RPs.. hope we still get 3x with reserve on the remaining 30% of the invoice now... This 70%-30% rule is crazy..

Yeah, already redeemed most of mine last month, just when they announced 118 convinience fee. Still have some points for 1-2 tickets, will try to redeem it before 1st December deadline.

I don't care about lounge, as I still have few cards with unlimited lounge access. But redemption restrictions hit me the most. I was already struggling with hdfc 70% rule, but they at least...

• helloworld

• 

so, based on this too "reality far different than estimation".

its still 6% and 9% for online spends.

 

[drsel]

it won't increase. and only last batch (when you close credit card or points expiry) affect this "magical complicated numbers".

something like this..

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

Oct 31, 2024

Same here, I preferred Reserv over dcb since I was able to book full flight tickets using RPs.. hope we still get 3x with reserve on the remaining 30% of the invoice now... This 70%-30% rule is crazy..

Yeah, already redeemed most of mine last month, just when they announced 118 convinience fee. Still have some points for 1-2 tickets, will try to redeem it before 1st December deadline.

I don't care about lounge, as I still have few cards with unlimited lounge access. But redemption restrictions hit me the most. I was already struggling with hdfc 70% rule, but they at least...

• helloworld

• 

so, based on this too "reality far different than estimation".

its still 6% and 9% for online spends.

As the percentage utilization of points reduces, the return will also reduce proportionately--

100% utilization of points gives 6% and 9% return
70% utilization of points gives 5.65% and 8.48% return
50% utilization of points gives ? return
25% utilization of points gives ? return
0% utilization of points gives ZERO % return

 

[helloworld]

As the percentage utilization of points reduces, the return will also reduce proportionately--

100% utilization of points gives 6% and 9% return
70% utilization of points gives 5.65% and 8.48% return
50% utilization of points gives ? return
25% utilization of points gives ? return
0% utilization of points gives ZERO % return

Not exactly, check the sample calculation once. Let me know if any changes in that.

consider this "reality far different than estimation".

its still 6% and 9% for online spends.

 

[drsel]

Not exactly, check the sample calculation once. Let me know if any changes in that.
consider this "reality far different than estimation".
its still 6% and 9% for online spends.

So are you saying that if they allow 100% points utilisation or 10% point utilization, the return will remain the same 6% and 9% ???

There is a mathematical formula to calculate the reduction in benefit (return) when the points allowed to be used reduces drastically.

Obviously If they allow only 5% utilization of points, then the return % will fall drastically, even if the value of the point remains the same

 

[helloworld]

So are you saying that if they allow 100% points utilisation or 10% point utilization, the return will remain the same 6% and 9% ???

There is a mathematical formula to calculate the reduction in benefit (return) when the points allowed to be used reduces drastically

As mentioned only last batch affect the return % and we may never know when it will be (be it card closure, reward expirty etc.).

Till then 100% = 0.25p still there, it all depends on person how they see this extra amount they pay (30%), whether to include in calculation but that may also provide extra rewards that also need to be included.

These are all complicated and unnecessary IMO, for peace of mind it provides 6% to 9% as earning opportunity.

Redemption depends on where we redeem and %.

 

[Harry1]

Ok, so we can pay 70% proc.fee also with points?



Yes this voucher area where marquee shines now, but its under gray have to wait 2 -3 months to settle things.

Yes, same rule in hdfc too for 300-400 convinience fee.

 

[drsel]

As mentioned only last batch affect the return % and we may never know when it will be (be it card closure, reward expirty etc.).

Till then 100% = 0.25p still there, it all depends on person how they see this extra amount they pay (30%), whether to include in calculation but that may also provide extra rewards that also need to be included.

These are all complicated and unnecessary IMO, for peace of mind it provides 6% to 9% as earning opportunity.

Redemption depends on where we redeem and %.

Yes I am only referring to redemption for booking flights.
I am hundred percent sure that when the point utilisation percentage is reduced dramatically,
the return percentage will also fall proportionately by a complex mathematical formula

 

[drsel]

The reduction in percentage utilisation is done purposely and purposefully to reduce the customers benefit (return %)

 

[helloworld]

Yes I am only referring to redemption for booking flights.
I am hundred percent sure that when the point utilisation percentage is reduced dramatically,
the return percentage will also fall proportionately by a complex mathematical formula

The reduction in percentage utilisation is done purposely and purposefully to reduce the customers benefit (return %)

Obviously, banks here to earn profit from us. We only have to find a way to minimize the loss.

 

[Harry1]

As the percentage utilization of points reduces, the return will also reduce proportionately--

100% utilization of points gives 6% and 9% return
70% utilization of points gives 5.65% and 8.48% return
50% utilization of points gives ? return
25% utilization of points gives ? return
0% utilization of points gives ZERO % return

It is all about how much effort u put and get discounts at other places.

If I consider 15% discount on flights and don't consider the lower convinience fee for simplifying calculation (117 in comparison to 300-400 at most other places). Also, for simplicity, I am referring 4 points as 1 point. The 6% gets 5.1% even with 100% utilisation.

So, if earlier u were savings 85 rs with 100 points, now with 70-30 rules, u r savings 85-30+5.1% of 30 = 56.5 using 70 points. 56.5/70x100 is 80.7%. so, the 0.85 multiplier gets down to 0.8 here. I.e 5.1% is down to 4.8%.

So, 4.5/6/9 percent was earlier 3.8/5.1/7.65 with 100% usage and now 3.6/4.8/7.2 with 70-30, assuming u get 15% discount on flights and same convinience fee as yes bank 117. If course, actual would be different. There r plenty of variables like international flights usually have 10% discount only and convinience fee on other portals goes upto 1000-1500. Discount gets capped around most 1000-2000 for most card offers.

If u will do same calculation assuming no discount at all, then there won't be any change is percentage value.

Again do same calculation for swiggy vouchers only for Marquee, as it is anyway not worth for other cards. Let's say swiggy voucher is available at 10% discount. So earlier u were getting 0.9 per point value. The 4.5% becomes 4.05% here. With 50-50 rule, u will save 90-50+2= 42 rs using 50 points. So, the 0.9 multiplier is down to 0.84 here. I.e. 4.05% gets down to 3.78%.

 

[drsel]

It is all about how much effort u put and get discounts at other places.

If I consider 15% discount on flights and don't consider the lower convinience fee for simplifying calculation (117 in comparison to 300-400 at most other places). Also, for simplicity, I am referring 4 points as 1 point. The 6% gets 5.1% even with 100% utilisation.

So, if earlier u were savings 85 rs with 100 points, now with 70-30 rules, u r savings 85-30+5.1% of 30 = 56.5 using 70 points. 56.5/70x100 is 80.7%. so, the 0.85 multiplier gets down to 0.8 here. I.e 5.1% is down to 4.8%.

So, 4.5/6/9 percent was earlier 3.8/5.1/7.65 with 100% usage and now 3.6/4.8/7.2 with 70-30, assuming u get 15% discount on flights and same convinience fee as yes bank 117. If course, actual would be different. There r plenty of variables like international flights usually have 10% discount only and convinience fee on other portals goes upto 1000-1500. Discount gets capped around most 1000-2000 for most card offers.

If u will do same calculation assuming no discount at all, then there won't be any change is percentage value.

Again do same calculation for swiggy vouchers only for Marquee, as it is anyway not worth for other cards. Let's say swiggy voucher is available at 10% discount. So earlier u were getting 0.9 per point value. The 4.5% becomes 4.05% here. With 50-50 rule, u will save 90-50+2= 42 rs using 50 points. So, the 0.9 multiplier is down to 0.84 here. I.e. 4.05% gets down to 3.78%.

Very good analysis and calculation but how 15% discount on flights?
I was calculating 12% discount on flights

 

[Harry1]

Very good analysis and calculation but how 15% discount on flights?
I was calculating 12% discount on flights

Read the first line.

15% is just an example. It can be zero for some people, who just book directly from airline website without any discount or 24% for people like u (Forgot ur favourite card) and even higher for people looking for occasional festival offers.