[Possible New Card] Yes First Exclusive Credit card getting converted to Yes Reserv Credit Card

[dvader]

Hi Guys,

Just received this email, Well if 1 RP = INR 0.25 this is an excellent value. Since other terms and conditions remain the same regarding Fees and all (See the bottom line in SS), people who have it LTF will almost certainly keep it as LTF. 3% Reward rate for online spends, 1.5% for other,s and 0.75% for special (I think rent, insurance, and stuff); that's kinda cool !!!! Also, Purchase protection !!! is Yes Bank making enough profits already? 😅





The New Reserv Credit Card

 

[SSV]

M4B, Yes Reserv not related each other (expecially M4B with other cards not at all comparable, there are lot of factors needs to be considerd especially banking related).

To understand M4B and Magnus card rewards, one you should do a PhD in Axis reward system, even then, not guaranteed if the rules are still rhe same in the next quarter..

Clarification: here quarter refers to financial quarter, not our regular quarter!!

 

[telescope]

same for all reward banks in India, its nothing new unless one coming from cashback cards, its been like that since many years.

Some banks follow 150, 200 and if 1 rs. less no points. From myzone to Infinia same process.

Not same for all banks. Please do your research first. Hdfc Tata neu is one among them

 

[CardCraftsman.]

Has anyone manually upgraded yes bank credit card though mails? I have some doubt regarding the same.

 

[BlueFlash]

Not same for all banks. Please do your research first. Hdfc Tata neu is one among them

What @helloworld said is correct only Bro... Nearly all cards/banks follow this rule, only few allow fractional reward points, while a lesser few allow rounding up those fractional points. RBL Zomato used to give 1 point for even 1 Rupee transaction by rounding up the fraction. That's a 100% reward rate ! But this doesn't mean one can argue in favour of such point system and counter the general structure.

 

[drsel]

RBL Zomato used to give 1 point for even 1 Rupee transaction by rounding up the fraction. That's a 100% reward rate !

That is one reason why RBL Zomato could not survive

 

[Deleted member 21942]

Feels more premium than the existing card. Bright design and good looking card.

Did you blocked and replaced your existing YFE credit card to get Reserv?

 

[bvc19296]

Did you blocked and replaced your existing YFE credit card to get Reserv?

Yes block and replace. ₹100+GST charged by Yes bank for replacement.

 

[Deleted member 21942]

Yes block and replace. ₹100+GST charged by Yes bank for replacement.

Even I also did the same but I have received virtual credit card details with the same old variant name. Don't know if I will be getting new variant physically or will get the same old variant.

 

[bvc19296]

Even I also did the same but I have received virtual credit card details with the same old variant name. Don't know if I will be getting new variant physically or will get the same old variant.

When did you do it?? After the name change?? I have called customer care and requested them to do it.

 

[Deleted member 21942]

When did you do it?? After the name change?? I have called customer care and requested them to do it.

I did it 5 days back via Yes bank app.

 

[Deleted member 21942]

When did you do it?? After the name change?? I have called customer care and requested them to do it.

Could you please confirm whether you got YFE card image or Reserv card image in virtual credit card details PDF file on email?

 

[bvc19296]

Could you please confirm whether you got YFE card image or Reserv card image in virtual credit card details PDF file on email?

I got Reserve card as virtual card.

 

[bvc19296]

Before raising a block and replace also I had Yes Reserve after Yes bank announced the name change. So only requested them for new card.

 

[drsel]

When did you do it?? After the name change?? I have called customer care and requested them to do it.

Do you prefer 3x or 5x and how do you jusify the expense?

 

[bvc19296]

Do you prefer 3x or 5x and how do you jusify the expense?

Not yet decided now. Have other cards to manage. But will think of 5X for better value.

 

[CardCraftsman.]

I am not able to activate reward subscription plan through website as it still fetch my old card. Is there any alternate way to do it? I need to make very big transactions.

 

[CardCraftsman.]

I am not able to activate reward subscription plan through website as it still fetch my old card. Is there any alternate way to do it? I need to make very big transactions.

Does anyone have an actual (on-ground) idea of how much time yes bank takes to activate a reward subscription plan?

 

[drsel]

 

[helloworld]

Does anyone have an actual (on-ground) idea of how much time yes bank takes to activate a reward subscription plan?

Once upon a time when these plans not this much heat, activated in 2 working days with SMS saying plan activated.

That time it was through customer support, speak and activate.

Now, no idea.

 

[good_old_times]

Are you sure on 1 RP = 0.25? I think it is 1 RP = 0.2 for voucher redemptions. My information is little dated though

1 rp = 0.10 INR for voucher and product redemptions. For flight booking 1rp = 0.25. But you will loose out on offers from other websites or cards.