Yes Bank Reserv + 3X Subscription Plan

[legend.sudsier]

Hi everyone,

I am looking for a new card to complement my Infinia. The main goal is to increase the rewards rate for a few lakhs of donations towards NGOs (both Indian and International). BOGO on movies, and rewards on rental and UPI transactions will be great to have but not necessary.

I recently came across the YES Reserv card, along with the 3X subscription offer for all spends. The following is how I see the reward rates:

• 9% Points on Online Shopping (except on Select categories)**
• 4.5% Points on Offline Shopping (except on Select categories)
• 2.25% Points on Select categories

Assuming 25 paise per RP redemption rate, for flights and hotels.

The 9% rewards rate seems just too good to be true. Can anyone confirm? If it is indeed true, then why is this not the most talked about card for Forex transactions?

P.S: I don't mind paying the annual fee given the rewards.

 

[CC-Muncher]

What are the excluded categories?

 

[SSV]

Hi everyone,

I am looking for a new card to complement my Infinia. The main goal is to increase the rewards rate for a few lakhs of donations towards NGOs (both Indian and International). BOGO on movies, and rewards on rental and UPI transactions will be great to have but not necessary.

I recently came across the YES Reserv card, along with the 3X subscription offer for all spends. The following is how I see the reward rates:

• 9% Points on Online Shopping (except on Select categories)**
• 4.5% Points on Offline Shopping (except on Select categories)
• 2.25% Points on Select categories

Assuming 25 paise per RP redemption rate, for flights and hotels.

The 9% rewards rate seems just too good to be true. Can anyone confirm? If it is why this is not the most talked about card for Forex transactions?

P.S: I don't mind paying the annual fee given the rewards.

This is correct as of now and enjoy the benefits while they last…
Majority of our comrades will only spend if the cards are LTF only..
Don’t want to pay anything for what they would get… don’t want to pay for annual fee, subscription fee etc.. please let’s know if you have any such cards…

Summary of the situation:

Miss the forest for the trees! !!! If you know what I mean..

 

[CC-Muncher]

Here is the subscribtion offer

https://www.yesbank.in/credit-card-services/rewards-subscription-plan#:~:text=is%20over!!-,Earn%203X%2F5X%20Reward%20Points%20with%20your%20YES%20BANK%20Credit,offer%20on%20never%2Dending%20rewards.&text=With%20this%20Plan%2C%20you%20will,receiving%20with%20your%20Credit%20Card.

 

[legend.sudsier]

Here's the list of Select or excluded Categories as per https://www.yesbank.in/personal-banking/cards/credit-card/reserv-credit-card

• Bridge and Road Fees, Tolls
• Bus Lines
• Colleges, Universities, Professional Schools, and Junior Colleges
• Court Costs Including Alimony and Child Support
• Direct Marketing—Insurance Services
• Fines
• Government Services—not elsewhere classified
• Grocery Stores, Supermarkets
• Insurance Sales, Underwriting, and Premiums
• Intra-Government Purchases—Government Only
• Limousines and Taxicabs
• Miscellaneous Food Stores - Convenience Stores, Markets, Specialty Stores
• Postal Services—Government Only
• Schools and Educational Services—not elsewhere classified
• Schools, Business and Secretarial
• Schools, Correspondence
• Schools, Elementary and Secondary
• Schools, Trade and Vocational
• Tax Payments
• Transportation—Suburban and Local Commuter Passenger, including Ferries
• Utilities—Electric, Gas, Heating Oil, Sanitary, Water

I don't see charity or NGO's in this list..

 

[legend.sudsier]

This is correct as of now and enjoy the benefits while they last…
Majority of our comrades will only spend if the cards are LTF only..
Don’t want to pay anything for what they would get… don’t want to pay for annual fee, subscription fee etc.. please let’s know if you have such cards…

Summary of the situation:

Miss the forest for the trees! !!! If you know what I mean

Great to know that this is indeed true. Thanks!

It's unfortunate that folks miss on so much upside because of the upfront cost...

 

[CC-Muncher]

This is correct as of now and enjoy the benefits while they last…
Majority of our comrades will only spend if the cards are LTF only..
Don’t want to pay anything for what they would get… don’t want to pay for annual fee, subscription fee etc.. please let’s know if you have any such cards…

Summary of the situation:

Miss the forest for the trees! !!! If you know what I mean..

I have reserve ltf free but still not sure how it competes with infinia interms of reward rate and redemption options.

Please shed some light

 

[SSV]

I have reseeve ltf free but still not sure how it competes with infinia interms of reward rate and redemption options.

Please shed some light

It is not Infinia competitor .. Please do look at my review on Marquee to get some context ....

 

[pgarg24]

Ques - Is getting a 3x on reserv by paying 3500 rs worth it?.. and paying reserv fees too(not assuming i will get it as ltf)

Assume I am able to spend 1lakh per month and mcc is not in excluded list.. (misc) can someone help with calculation.. never used yes bank cc before..

 

[legend.sudsier]

Ques - Is getting a 3x on reserv by paying 3500 rs worth it?.. and paying reserv fees too(not assuming i will get it as ltf)

Assume I am able to spend 1lakh per month and mcc is not in excluded list.. (misc) can someone help with calculation.. never used yes bank cc before..

Disclaimer: I don't have a YES card yet either, but this is how I expect it to work:

If it's an online payment, you should be getting 36000 YES Rewardz points worth ₹9000 (when redeemed for flights/hotels) just in that month.
₹3500 + GST is an annual payment, ...so just one single payment in a year should cover all the fee, and much more..

 

[pgarg24]

Disclaimer: I don't have a YES card yet either, but this is how I expect it to work:

If it's an online payment, you should be getting 36000 YES Rewardz points worth ₹9000 (when redeemed for flights/hotels) just in that month.
₹3500 + GST is an annual payment, ...so just one single payment in a year should cover all the fee, and much more..

here's the thing where i am getting confused...
So reward on Reserv is 24 RP/200Rs...
If i subscribe for 3x(all spends) and spend 1L.

RP on 1L = 12k points
3x = 36k points.. which is worth around 7.2K as told by some poeple in Marquee thread since flight conversion is 0.2Rs or something..


Then Reserv is better than Marquee?(with subscription plan offcourse)..
Looping @ssv since you might know about this?

 

[helloworld]

here's the thing where i am getting confused...
So reward on Reserv is 24 RP/200Rs...
If i subscribe for 3x(all spends) and spend 1L.

RP on 1L = 12k points
3x = 36k points.. which is worth around 7.2K as told by some poeple in Marquee thread since flight conversion is 0.2Rs or something..


Then Reserv is better than Marquee?(with subscription plan offcourse)..
Looping @ssv since you might know about this?

y e s

 

[helloworld]

I have reseeve ltf free but still not sure how it competes with infinia interms of reward rate and redemption options.

Please shed some light

with subscription:

use cases:

AJIO, Uber etc. non-gyftr places: Infinia - 3.3%, Reserv - 9%

Other online spends (non-voucher related): Infina - 3.3%, Reserv - 9%

Offline shopping, dining, and other spends (non-grocery related): Infinia - 3.3%, Reserv - 4.5%

Foreign spends: Infinia - 1 or 2%, Reserv - 6%* (not tried on reserv yet).

 

[pgarg24]

I applied for Reserv and it is showing me FYF... Any chance or trick to convert to LTF later?

 

[SSV]

RP on 1L = 12k points
3x = 36k points.. which is worth around 7.2K as told by some poeple in Marquee thread since flight conversion is 0.2Rs or something..


Then Reserv is better than Marquee?(with subscription plan offcourse)..
Looping @ssv since you might know about this?

correct.
Reserv with 3X subscription is better than Marquee..
small correction:
36K * 0.25 = 9K for flight and hotel conversion...

 

[SSV]

I applied for Reserv and it is showing me FYF... Any chance or trick to convert to LTF later?

Most likely after spending 40K in the first 30 days it will become LTF.. Pls confirm with CC

 

[SSV]

Looping @ssv since you might know about this?

Tag me correctly next time S <space> S <space> V

 

[pgarg24]

Tag me correctly next time S <space> S <space> V

Tried that too bhai .. somehow not taking @S S V

EDIT: ok this time it took. nyc

Another stupid ques.. was applying and after clicking on select card.. there is nothing else to click on nor it is proceeding forward...

 

[SSV]

Tried that too bhai .. somehow not taking @S S V

EDIT: ok this time it took. nyc

Another stupid ques.. was applying and after clicking on select card.. there is nothing else to click on nor it is proceeding forward...

very strange.. try again it shuld move forward.. click on the card image first ..

 

[hrish88]

this has 5X plan also right for 5000+gst isnt that better.5X return will give 15% right?also subscription pages says rewards capped at 75000 per cycle but reserv credit card page says max 36000 rewards per month?