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).

 

[helloworld]

Is it calendar month or billing cycle?

We get rewards till 15k?

billing cycle. Yes

 

[chasni]

billing cycle. Yes

Thanks.

I called CC to check if utilities are considered for 40k spend for fee reversal, 1 person said it is considered and other said it is not. Is there any TnC document with details?

 

[helloworld]

Thanks.

I called CC to check if utilities are considered for 40k spend for fee reversal, 1 person said it is considered and other said it is not. Is there any TnC document with details?

in joining reversal, I never saw any bank put any restrictions to categories. these all are only for earning regular rewards, general joining benefits usually applicable.

you can spend that amount anywhere, you may not get reward points but joining benefits will come. any card you came across has this type of restriction for joining benefits.?

and no such document available, afaik.

 

[drsel]

Excluded categories are excluded even for milestone benefits, target spends, joining fees or renewal fees waiver

 

[helloworld]

Excluded categories are excluded even for milestone benefits, target spends, joining fees or renewal fees waiver

which bank tncs mentioned that?

 

[drsel]

which bank tncs mentioned that?

It's a general rule applicable across all cards.
When they don't allow 7--8 categories for points, those categories are also excluded for milestone benefits and target spends

 

[helloworld]

It's a general rule applicable across all cards.
When they don't allow 7--8 categories for points, those categories are also excluded for milestone benefits and target spends

yes, but joining benefits has no restrictions.

 

[chasni]

in joining reversal, I never saw any bank put any restrictions to categories. these all are only for earning regular rewards, general joining benefits usually applicable.

you can spend that amount anywhere, you may not get reward points but joining benefits will come. any card you came across has this type of restriction for joining benefits.?

and no such document available, afaik.

But due to the advent of banks like Axis, I am not sure about this. These banks keep changing policies and they don't even clearly state it anywhere. Everywhere it says "retail spend of 40,000"

 

[chasni]

Thanks.

I called CC to check if utilities are considered for 40k spend for fee reversal, 1 person said it is considered and other said it is not. Is there any TnC document with details?

@SSV Sir. Your inputs required here.

 

[helloworld]

But due to the advent of banks like Axis, I am not sure about this. These banks keep changing policies and they don't even clearly state it anywhere. Everywhere it says "retail spend of 40,000"

Yes, its reatail spends for all banks. Even axis its eligible for joining fee waiver and benefits unless specifically mentioned. If not mentioned anywhere, then all categories allowed. That's how I interpret and use these cards.

And AFAIK, no such policy till now mentioned anywhere about joining fee benefits. Its all about later earning rewards and milestones, not when joining.

 

[SSV]

It's a general rule applicable across all cards.
When they don't allow 7--8 categories for points, those categories are also excluded for milestone benefits and target spends

The major exception to your general rule is :
SBI cards..
in case of CB card there are so many exceptions for CB but all those were counted towards annual fee waiver milestone…

Because you are so used to 🪓 , you might have though the rule applies generally everywhere…

 

[chasni]

billing cycle. Yes

I got charged when I paid utilities twice of 14k each in two different billing cycle but in same calendar month.

I think it is calendar month.

 

[drsel]

I got charged when I paid utilities twice of 14k each in two different billing cycle but in same calendar month.

I think it is calendar month.

Most people are worried about paying the annual fee /renewal fee and try all ways and means to avoid paying this

while Axis card holders actually look forward to paying the renewal fee because they get points worth more than the value of the renewal fee paid

 

[chandras]

For an NRI Customer, which one of these should be chosen. Not much of spends, Would prefer flights / hotels as redemption. Should I go for Marquee or Reserv or yes first prefered?

 

[drsel]

For an NRI Customer, which one of these should be chosen. Not much of spends, Would prefer flights / hotels as redemption. Should I go for Marquee or Reserv or yes first prefered?

Yes Reserve 5x subscription gives 9% return on flights, medicines, hospitals, lab tests, doctors, fashion and dining;
provided you redeem the points for booking flights on the Yes Bank portal

 

[tdot]

Applied online and I can only see Marquee or BYOC. For now I submitted the application for Marquee and waiting on them to further process (possibly vKYC not sure how it goes).

Is there anyway I can change to Reserv ? coz the 3x subscription plan with 6% return on online spend seems like a better bet.

 

[helloworld]

Applied online and I can only see Marquee or BYOC. For now I submitted the application for Marquee and waiting on them to further process (possibly vKYC not sure how it goes).

Is there anyway I can change to Reserv ? coz the 3x subscription plan with 6% return on online spend seems like a better bet.

it is what it is. no change.

can try after 3 months.

 

[charan kumar]

Yes Reserve 5x subscription gives 9% return on flights, medicines, hospitals, lab tests, doctors, fashion and dining;
provided you redeem the points for booking flights on the Yes Bank portal

Are you sure that it is giving 9%, i made lot of transactions in makemytrip app but i am getting only 60 rewards per every 200 that is 7,5%

 

[drsel]

Are you sure that it is giving 9%, i made lot of transactions in makemytrip app but i am getting only 60 rewards per every 200 that is 7,5%

Phone customer care to clarify

 

[helloworld]

Are you sure that it is giving 9%, i made lot of transactions in makemytrip app but i am getting only 60 rewards per every 200 that is 7,5%

Online: 72 RPs on 5x categories
Offline: 60 RPs on 5x categories

% depends on value of 1 RP (0.10p to 0.25p)