YES Bank RewardZ Redemption Options - for MARQUEE Credit Card

[SSV]

YES Bank CC RewardZ Redemption

(Note: YES CC RewardZ Redemption is different to SB Bank Account RewardZ)​

Disclaimers:
1) As I am fairly new to YES Bank, (one statement old) , please bear with me, I will update and fine tune this post as and when required...
2) I am not sure, if the redemption for Marquee is different to other card varaints.. other card variants' veterans can provide their input ...

Other useful links:
Link for MARQUEE CC review:

Thread 'Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details'
https://www.technofino.in/community...aunched-features-benefits-full-details.22261/


Begin:

Login to the CC YES rewardz portal
via link : https://credit.yesrewardz.com/
by using your RMN & OTP and CC Number..

Home Screen



Options available for Redemption:

1) E-Gift Vouchers
@ 0.15 = AGV, FK, Myntra,
@ 0.25 = Swiggy, Zomato,Amazon Prime, Croma, Dominos, , 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 Club Vistara
(@ 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

​

Flight Booking Comparison Example:

HYD to MAA on 31/01/2024 for one adult:

1) RewardZ = 3,477 - Refundable
2) Amazon = 3,386 - No cancellation
3) MMT = 3,686. - No cancellation

So, it’s kind of comparable with about 5% variation.

YES Rewardz:

View attachment 40757





Amazon Flights:


MMT





Total Available Voucher Options: 59







A few Screenshots for redemptions:

​

 

[SteelSh0t]

I see. I was thinking of transferring points to Vistara but want to know how long it takes. Will let you know if I get charged any fees after transferring the points

I have not been charged any fees for transferring points to Vistara.
The time taken for the transfer was 3 days.

 

[thedator]

Uff, finally got the card after 2 rejections.

@S S V BMS offer says max 6 tickets per month so is it 6 bookings or 3 bookings of 2 tickets ?

How did you get the card?
Applied online again or offline.

Any cooling period?

 

[Sunil R]

It is a decent card as of now.. Even as a paid card it is good.. Just go for it.. No need to fight for LTF now.
It is effectively 3YF..

Bro, is there any redemption or convenience fee if we redeem points to book hotels or flights?

Can the full amount be paid via points (unlike HDFC, where 70% points is the max)?

 

[Sunil R]

No redemption fee for Marquee..
Full reemption can be done with points

god to hear

Today, I reached out to a Yes Bank agent to apply for the Marquee credit card. When he entered my PAN details, the agent informed me that there is already a credit card in my name and couldn't proceed further (previously, I applied for the First Exclusive card but didn't activate it, so the card got blocked). He insisted on contacting Yes Bank customer care to deactivate my existing card from my account, enabling me to apply for the Marquee card.

I reached out to Yes Bank customer care and explained my situation, requesting the deactivation of my existing account. However, I was informed by a customer care executive that my card had already been blocked in June 2023. I stated that I was unable to apply as there was still a card showing in my name. Consequently, the agent requested me to email yestouchcc@yesbank.in so that the backend team could deactivate the credit card in my name.

Hopefully, they can reset my account, making me eligible to apply again.

 

[Sunil R]

try via RM, it will get resolved.. same happened with me

Can you please share more information about yourself? (u can DM if you don't want to share publicly).

like did you previously apply to Yesbank CC and close it etc

Meanwhile, how did RM resolve? Were you able to apply for the Marquee card/ other yes card immediately or took time to apply?

I already sent mail to Yes Touch regarding my issue.. will try to get resolved via RM

 

[george99]

Can i able to use all my 60K points for Swiggy E-gift voucher?

 

[SSV]

Can i able to use all my 60K points for Swiggy E-gift voucher?

Yes, you can ..

 

[george99]

Yes, you can ..

ok perfect then!

 

[SSV]

Can i able to use all my 60K points for Swiggy E-gift voucher?

Yes, you can ..

Each time it is allwoing 5 vouchers only.. May be we have to do multiple times... I don't see any problems in redeeming all 60K in Swiggy..

 

[FinoGuy]

So, for statement credit option how much will be net value back per 100rs offline spend?

 

[SSV]

So, for statement credit option how much will be net value back per 100rs offline spend?

do calculation @0.15 for 1 Reward Point

 

[george99]

Each time it is allwoing 5 vouchers only.. May be we have to do multiple times... I don't see any problems in redeeming all 60K in Swiggy..

Okay got it.

 

[FinoGuy]

do calculation @0.15 for 1 Reward Point

Socha Pandaji maths mein accha hai..

 

[SSV]

Socha Pandaji maths mein accha hai..

I have updated the first post with net effective rate of return for all different types of spends. Please check

 

[FinoGuy]

I have updated the first post with net effective rate of return for all different types of spends. Please check

 

[anotheruser]

I have updated the first post with net effective rate of return for all different types of spends. Please check

Dude respect. One of the best detailed post regarding redemptions.
Hats off!

 

[SSV]

Dude respect. One of the best detailed post regarding redemptions.
Hats off!

Thank you for your appreciation.
It really matters, especially when my time spent was voluntary !!
Have a nice Sunday!!

 

[R@ndomiz€r]

I was doing something similar with my Reserv. I guess only difference between marquee and reserve rewards is Airmile conversion where it is 10 points=1 Mile. Rest looks more or less same.

 

[SSV]

I was doing something similar with my Reserv. I guess only difference between marquee and reserve rewards is Airmile conversion where it is 10 points=1 Mile. Rest looks more or less same.

Thanks for the feed back.
Can you confirm if swiggy and zomato are @0.25 for Reserv as well. Thanks