Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details

[rafzy]

At Last … GOOD NEWS has arrived…
The Joining Fee for Marquee was charged to this month’s statement .. looking forward to 60k points

My bill got generated today. Got the points for the spends I made but the joining bonus of 60k not credited even tho 10k fee is billed in the statement. Did u get the 60k credited?

 

[SSV]

My bill got generated today. Got the points for the spends I made but the joining bonus of 60k not credited even tho 10k fee is billed in the statement. Did u get the 60k credited?

No points yet .patience

 

[minhazuddin]

Yes Bank is now revamping its credit card business. My Yes Prosperity Rewards card has been renamed to Yes Ace with some added features. Will try to get the Marquee

 

[rahulsethi]

Yes Bank is now revamping its credit card business. My Yes Prosperity Rewards card has been renamed to Yes Ace with some added features. Will try to get the Marquee

If you have a Mastercard ACE they won't allow you to upgrade. Didn't even allow me to upgrade from RESERV quoting the same reason.

 

[Bhargav92]

Yes Bank MARQUEE Credit Card
​

As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive and got their latest offering "MARQUEE" CC in the Premium segment ..
I am NTB to Yes bank until now...
I actually liked the name of the card and also its physical appearance.. very appealing looks ...

I got the card mainly for its Unlimited International Lounge Access ( for both Primary and Add-ons) and some reward points for Govt Transactions.
Online Spends rewads rate is also good @4.5% ( if redemeed for Flights and Hotels @0.25)


As I am NTB to Yes Bank, I will learn more about different redemption options soon ..
On the paper this is a very good card for its intended purposes as of now..

Approval is easy peasy.. punch in your details, it comes up with the eligible cards depending upon your CIBIL profile.. No income Docs required.. Card will be delivered in about 3 working days...
*you will only get 2 cards to select from depending up on your eligibility .. one among them would be BYOC( Build Your Own Card) along with other core card...

Where does this fit in the hierarchy:

It is the Top level card under their ( Premium Card Offerings) .. you can see this here:




Features:

Joining & Annual Fee:

1) Joining Fee : ₹9,999 + GST ( Welcome benefits : 60,000 RPs = Rs. 15,000 for Flight and Hotel Bookings @0.25)
2) Renewal Fee: ₹4,999 + GST ( Renewal benefits: 20,000 RPs = Rs. 5,000 for Flight and Hotel Bookings @0.25)

Annual Fee Waiver : ₹10,00,000

USP of the card: Unlimited International Lounge Visits for both Primary and Add-on Card members

Rewards

1) Online Spends - 36 YES Rewardz Points / ₹200
2) Offline Spends - 18 YES Rewardz Points / ₹200
3)** Select Catrgory - 10 YES Rewardz Points /₹200

Maximum Cap per Statement Cycle: : 1,00,000 YES Rewardz Points

For Reference here is the list of other CCs and their maximum caps per statement period..



*Accelerated Reward Points earned on Online Shopping during a statement cycle will be capped as per the below table.
Once this threshold is reached, customer will continue to earn reward points at normal rate (same as offline transaction).



** Select Category includes:

• i) Rental Payments w.e.f. 07/03/2024
• ii) Wallet Loading w.e.f. 07/03/2024
• iii) Recharge and Utility Bill Payments
• iv) Insurance
• v) Education and
• vi) Government Payments..
• vii) Grocery and Supermarkets

** For full list of Select Category Items , please see at the end of the post ..



Exclusions for YES Rewardz Point earnings:

• Fuel transactions
• Cash withdrawals
• Cash Advance Fee & Charges
• Post Purchase EMI & Instant EMI transactions.

Other benefits:

Lounge Access

• Domestic Lounge Programe
  • 6 complimentary Domestic Airport Lounge visit in India per calendar quarter for Primary & Add-on Cardmember
• International Lounge Programe
  • Unlimited Access to airport lounges internationally for Primary & Add-on card holders
• Guest Visits: 8 Complimentary Lounge visits in a calendar year (Domestic or International)

BMS BOGO
Maximum 6 tickets (Buy 3 Get 3) per calendar month. Offer valid only for Movies tickets (Discount is capped at INR 800 per ticket).

Foreign Currency Mark-up of 1%

Purchase Protection Plan,
Purchase Protection - Insurance cover against accidental damage/Burglary in residential premises of the customer as per bank records, for 6 months for mobile & electronic devices purchased online. Max Limit 50,000

Golf Program
Enjoy waiver of 4 Green Fee at select golf courses in India
Enjoy one complimentary Golf Lesson every calendar month at select golf courses in India

Fuel Surcharge Waiver
1% Fuel surcharge waiver at fuel stations across India for transaction between INR 400 to INR 5,000..
Total waiver in statement cycle is capped at INR 1000. Only surcharge will be waived, GST as levied on surcharge will not be waived. Please note that Fuel surcharge may vary from 1% to 2.5% of the amount spent on fuel transaction. The rate of surcharge varies depending upon the fuel retail outlets and their acquiring banks.



Yes Bank Credit Card Rewards Redemption contact details and Redemption Website:

CC Rewards Website: https://credit.yesrewardz.com/
CC Rewards Contact Number: 1800 4190 600 ..
(Only questions relating to CC rewards Redemptions will be answered at this number . No cc account related questions will be entertained)



-- EDIT on 20/01/2024..-->
Options available for Redemption:

1) E-Gift Vouchers ( Total options: 59 .. @ 0.15 = AGV, FK, Myntra, @ 0.25 = Swiggy, Zomato,Amazon Prime, Croma, Dominos, Kalyan Jewellers, 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 CV both @ 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




​

Other Useful Link:
For Rewardz Redemption details , Please see here...
https://www.technofino.in/community...rewardz-redemption-options-for-marquee.22116/












** Select Category Full LIST

Full List of Select Category Spends with MCC codes which give only 10 Rewardz per 200:

Hello @S S V,
I have checked that select categories has been modified can you please check and confirm from the website

Now we will get accelerated points in groceries?

 

[rafzy]

Hello @S S V,
I have checked that select categories has been modified can you please check and confirm from the website

Now we will get accelerated points in groceries?

Good catch mate.
I just compiled what was shown in Jan vs Feb.
Supermarkets are definitely out from special category.

 

[SSV]

Hello @S S V,
I have checked that select categories has been modified can you please check and confirm from the website

Now we will get accelerated points in groceries?

Good catch mate.
I just compiled what was shown in Jan vs Feb.
Supermarkets are definitely out from special category.

Very good.. let me check as well
Or I can follow you guys and update the first post accordingly..
Just give me sometime…
Thanks guys for keeping this thread up to date

 

[senasenthil]

Hello @S S V,
I have checked that select categories has been modified can you please check and confirm from the website

Now we will get accelerated points in groceries?

Good news. Thanks

 

[mail_amity]

I have an infinia. Shall I go for Marquee? Mostly for Intl' lounge access for family members and Yes Bank Offers here and there.

 

[SSV]

I have an infinia. Shall I go for Marquee? Mostly for Intl' lounge access for family members and Yes Bank Offers here and there.

This is what precisely this card is for.
.
.
.
It seems you didn't read the first post fully..
Please spend 5 minutes reading it..

 

[mail_amity]

This is what precisely this card is for.
.
.
.
It seems you didn't read the first post fully..
Please spend 5 minutes reading it..

Thank you. I did read and understand that lounge access is available with this card.

My question was, since I have an Infinia, should I add this to my portfolio? I don't see any better reward rate when compared (just looking at joining/renewal fee recovery).

 

[SSV]

Thank you. I did read and understand that lounge access is available with this card.

My question was, since I have an Infinia, should I add this to my portfolio? I don't see any better reward rate when compared (just looking at joining/renewal fee recovery).

One should have a backup especially going abroad scenario.
For online purchases you have 4.5 % return.
8 guest lounge access as welll.
What else you want for net effective renewal fee of ₹900

 

[rafzy]

One should have a backup especially going abroad scenario.
For online purchases you have 4.5 % return.
8 guest lounge access as welll.
What else you want for net effective renewal fee of ₹900

Not to mention the lowest forex markup @ 1%

 

[mj01]

Thank you. I did read and understand that lounge access is available with this card.

My question was, since I have an Infinia, should I add this to my portfolio? I don't see any better reward rate when compared (just looking at joining/renewal fee recovery).

Advantages over Infinia:
1. Better online spends reward rate of 4.5% (when smartbuy/ gyftr cannot be used).
2. Forex markup of only 1% (forex transactions online would yield a net 3.3% return after adjusting markup, kind of unheard reward for international transactions).
3. BOGO on movies with 800 per ticket (too good to enjoy PVR Gold/ Luxe/ Inox Insignia/ Imax).
4. 8 guest lounge visits. Very few cards seem to offer this!

And joining rewards worth 15k after paying only 11.8k. You are more than breaking even in the first two years.

 

[Deleted member 23535]

Good catch mate.
I just compiled what was shown in Jan vs Feb.
Supermarkets are definitely out from special category.

means online education fee gives 4.5% ?

 

[SSV]

Advantages over Infinia:
1. Better online spends reward rate of 4.5% (when smartbuy/ gyftr cannot be used).
2. Forex markup of only 1% (forex transactions online would yield a net 3.3% return after adjusting markup, kind of unheard reward for international transactions).
3. BOGO on movies with 800 per ticket (too good to enjoy PVR Gold/ Luxe/ Inox Insignia/ Imax).
4. 8 guest lounge visits. Very few cards seem to offer this!

And joining rewards worth 15k after paying only 11.8k. You are more than breaking even in the first two years.

And on top of all these, very easy to get when compared to infinia , if you don’t have one already

 

[mail_amity]

Advantages over Infinia:
1. Better online spends reward rate of 4.5% (when smartbuy/ gyftr cannot be used).
2. Forex markup of only 1% (forex transactions online would yield a net 3.3% return after adjusting markup, kind of unheard reward for international transactions).
3. BOGO on movies with 800 per ticket (too good to enjoy PVR Gold/ Luxe/ Inox Insignia/ Imax).
4. 8 guest lounge visits. Very few cards seem to offer this!

And joining rewards worth 15k after paying only 11.8k. You are more than breaking even in the first two years.

Thanks.
1. I use SBI Cashback when I cannot use Gyftr
2. Forex markup is good.
3. I have multiple cards which offer BOGO up to INR 500 (Sapphiro / Burgundy DC / Citi Gold DC etc.). But yet, none of them gives 800/-
4. 8 guest visits. This is amazing.

I guess I may as well just go for it.

 

[SSV]

And joining rewards worth 15k after paying only 11.8k. You are more than breaking even in the first two years.

Actually you made a good point here..according to my JF/AF recovery matrix, this card is now effectively 4YF card…

4YF = 4 Years Free card…

After paying JF = ₹3,200 profit ,
3 years loss of AF = 3*900 = ₹2,700

So making the card 4 Years FREE (and still left with a change of INR 500 for the desert....)...

 

[yashwanthms]

How does 8 guest visits work in this card? At same time do they allow 3-4 guests together?
Because sometimes I travel with my wife, daughter, parents and in-laws. Using my different cards, I can get lounge access for 3 people at same time. Would be of great help if I can get lounge access for 3-4 more people at the same time.

 

[telescope]

How does 8 guest visits work in this card? At same time do they allow 3-4 guests together?
Because sometimes I travel with my wife, daughter, parents and in-laws. Using my different cards, I can get lounge access for 3 people at same time. Would be of great help if I can get lounge access for 3-4 more people at the same time.

Yes you can.