Revaluation Yes Private Credit Card Going To Be More Lucrative From 24th December 2023

[TechnoFino]

Yes Bank has finally decided to upscale their super premium credit card offering. Starting from 24th Dec 2023, all Yes Private credit card holders will earn more rewards on their spends and get more benefits out of the credit card.
Here, I'm attaching an image showing the new rewards and benefits as compared to the old ones.



So, from 24th Dec 2023, Yes Private customers will get 2.5% value back on domestic spends and 5% value back on all international spends. Markup fees will become 0.50%, so the effective value back customers will get on international spends will be 4.41%, which is pretty good. Welcome benefits will become double, Rs. 50,000 back as reward points against Rs. 50,000+GST joining fees. Customers will enjoy purchase protection insurance also on this credit card. Overall, this is a very good move by Yes Bank, hope to see Yes Private credit card in metal variant soon.

 

[simal]

Dear Customer,​ This is to inform you that w.e.f December 24, 2023, Yes Private Credit Card features will be updated.​ The card has been boosted with some unique feature-rich benefits that include Accelerated Reward Points, Purchase Protection through insurance cover against accidental damage and many more.​

Features Existing (till December 23, 2023) New (w.e.f. December 24, 2023) Reward Points for Domestic Spends 16 Reward Points per INR 200 spends 20 Reward Points per INR 200 spends Reward Points for International Spends 24 Reward Points per INR 200 spends 40 Reward Points per INR 200 spends Foreign Currency Mark up on International Spends 1.75% 0.5% Reward Points on joining fee realization 1 lakh Reward Points 2 lakh Reward Points Complimentary guest visits 10 Complimentary guest visits per year# 12 Complimentary guest visits per year#

Purchase Protection Insurance cover against accidental damage for 6 months for mobile & electronic devices purchased online​ Other features, fees, charges & conditions remain the same.​ Card feature changes will be applicable from December 24, 2023.​

 

[Reward Hunter]

What is value of one point? Any transfer partners?

 

[TechnoFino]

What is value of one point? Any transfer partners?

1 RP = Rs. 0.25
Air miles partner: Club Vistara and Intermiles
Rate 4 RP = 1 Airmiles

 

[thedator]

Is there any way to get this card LTF? Salary or ITR criteria?

 

[TechnoFino]

Is there any way to get this card LTF? Salary or ITR criteria?

No, they don't offer LTF normally.

 

[SSV]

Trying to raise from the ashes , it seems…the resurgent YES Bank….

 

[RajeshV]

1 RP = Rs. 0.25
Air miles partner: Club Vistara and Intermiles
Rate 4 RP = 1 Airmiles

What are the redemption options available (statement credit/Amazon vouchers maybe)? Any redemption fee applicable?

C2C possible? Limit required for the same?

 

[anirban.choudhury]

What are the redemption options available (statement credit/Amazon vouchers maybe)? Any redemption fee applicable?

C2C possible? Limit required for the same?

Statement credit at 0.15 , reward catalogue and vistara redemption at 0.25

 

[sxchzy]

No, they don't offer LTF normally.

How did you get it LTf if you got it LTF

 

[D₹V]

Yes Bank has finally decided to upscale their super premium credit card offering. Starting from 24th Dec 2023, all Yes Private credit card holders will earn more rewards on their spends and get more benefits out of the credit card.
Here, I'm attaching an image showing the new rewards and benefits as compared to the old ones.



So, from 24th Dec 2023, Yes Private customers will get 2.5% value back on domestic spends and 5% value back on all international spends. Markup fees will become 0.50%, so the effective value back customers will get on international spends will be 4.41%, which is pretty good. Welcome benefits will become double, Rs. 50,000 back as reward points against Rs. 50,000+GST joining fees. Customers will enjoy purchase protection insurance also on this credit card. Overall, this is a very good move by Yes Bank, hope to see Yes Private credit card in metal variant soon.

AXIS out, YES in
👀

 

[SSV]

AXIS out, YES in
👀

Now I may have to re-think about my First Exclusive offer ...( still I believe not worth as it is paid card )

 

[TechnoFino]

How did you get it LTf if you got it LTF

I have paid YP, not LTF

 

[D₹V]

Now I may have to re-think about my First Exclusive offer ...( still I believe not worth as it is paid card )

If it has renewal benefits then you should think about it.

 

[SSV]

If it has renewal benefits then you should think about it.

Actually on 40K spend in 30 days, Joining fee will be waived off..
about renewal I need to check

 

[SSV]

If it has renewal benefits then you should think about it.

Actually on 40K spend in 30 days, Joining fee will be waived off..
about renewal I need to check

Actually it does.... Not a big amount but something is better than nothing, I guess.. 8000 RP.. on renewal ..

 

[helloworld]

Actually it does.... Not a big amount but something is better than nothing, I guess.. 8000 RP.. on renewal ..

Pay 2400rs. as fee and get 8000 reward points (where 1RP=0.10 to 0.25) = 800 to 2000. Not bad and following like other cards, pay only GST.

 

[SSV]

Pay 2400rs. as fee and get 8000 reward points (where 1RP=0.10 to 0.25) = 800 to 2000. Not bad and following like other cards, pay only GST.

how to get .25 per RP?

 

[D₹V]

Actually on 40K spend in 30 days, Joining fee will be waived off..
about renewal I need to check

Then good to go.

 

[helloworld]

how to get .25 per RP?

Flight and Hotel are 0.25p, rest all 0.10p mostly except some items in E-Gift Vouchers can go upto 0.18p like Pizza Hut.

Best part is this is general booking, not miles transfer or waiting for award booking. Just have to check with other sites, how prices are compared. Usually match with Cleartrip, MMT but it depends on user, destination and dates.

Sample: