YES Marquee Credit Card’s rewards program primarily focuses on online shopping, offering an impressive reward rate of up to 4.5%, surpassing premium cards like HDFC DC Black (3.33%) and ICICI Emeralde Private Metal (3%). The card also stands out by offering rewards on categories like wallet loading, rental payments, utility bills, insurance, etc., which are generally excluded by most credit cards. However, it falls short in terms of redemption options. For point-to-mile transfer, you only have two options- Club Vistara and Intermiles. Where most premium cards extend redemption benefits with several airlines and hotels, limiting to just two options is rather restrictive for a premium credit card.
Yes Bank
YES Bank Marquee Credit Card
Travel
Reward Points
1st Year Fee: ₹9,999* Plus Applicable Taxes
Lounge Access
Unlimited access for primary & add-on user
Rewards Program
Up to 4.5% back as reward points
Movie Benefit
Save up to Rs. 2,400 per month on BookMyShow
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About YES Marquee Credit Card
YES Bank’s premium credit card – Marquee is tailored to the needs of high-income individuals. Much like other premium cards, YES Marquee also offers benefits across multiple categories, with more focus on rewards and travel. With a generous sign-up bonus, unlimited lounge access, and a
competitive value back of up to 4.5%, the card stands as a worthy competitor to premium all-rounder credit cards like HDFC Diners Club Black, Standard Chartered Ultimate and ICICI Emeralde Private Credit Card. Read on to know about its features and benefits, followed by a review.
Note: This card is not available on Paisabazaar.com. Content on this page is for information purpose only. To express interest in this card, please visit the Yes Bank website.
Rewards Program & Welcome Benefits
YES Bank Marquee Credit Card comes with the following features and benefits for its users:
Welcome Benefit
- 60,000 YES Rewardz Points as a welcome bonus on the payment of joining fee
Rewards Program
- 36 YES Rewardz Points per Rs. 200 spent on online shopping1
- 18 YES Rewardz Points per Rs. 200 on offline spends1
- 10 YES Rewardz Points per Rs. 200 spent on select categories, such as wallet loading2, recharge, rental2, utility bill, insurance and other government payments3
- 1 YES Rewardz Point = Up to Rs. 0.25
- 4 YES Rewardz Points = 1 Club Vistara Point/InterMile
Travel and Other Benefits
In addition to an impressive rewards program, cardholders can also save a significant amount on travel and lifestyle spends through YES Marquee Credit Card. Details are shown below:
Lounge Access:
- Up to 24 complimentary visits to domestic airport lounges (6 per quarter) within India in a year for primary and add-on card users
- Unlimited complimentary access to airport lounges internationally for both primary as well as add-on cardholders
- 8 complimentary domestic or international lounge visits in a year for guests
Low Forex Mark-up: 1% foreign currency exchange mark-up fee on international transactions
Movie Offer: Buy 1 get 1 offer with up to Rs. 800 off per movie ticket on BookMyShow with maximum 3 free tickets on purchasing 3 regular tickets per month.
With unlimited international lounge visits and 24 domestic lounge visits for primary and add-on members, Marquee Credit Card stands neck and neck with popular premium cards. It holds great value for international travellers as it offers ‘convenience’ with free lounge visits and ‘savings’ with a low foreign exchange mark-up fee of 1%. Beyond its primary categories, Marquee also offers up to 36 free movie tickets worth Rs. 28,800, 12 complimentary golf lessons or games, bonus rewards worth Rs. 5,000 as renewal benefit and fuel benefits worth Rs. 12,000. The combined value of these benefits not only surpasses the card’s annual fee by a wide margin but also adds to its overall value as an all-rounder card.
YES Marquee Credit Card: Fees and Charges
| Particulars | Amount | ||||||
|---|---|---|---|---|---|---|---|
| Joining Fee | Rs. 9,999 + Applicable Taxes | ||||||
| Annual Fee | Rs. 4,999 + Applicable Taxes | ||||||
| Finance Charges | 2.99% per month (35.88% p.a.) | ||||||
| Late Payment Charges |
|
Rewards Comparison: YES Marquee Vs. ICICI Emeralde Private Metal Vs. HDFC DC Black
| Category | Monthly Spend (in Rs.) | Savings via Marquee (in Rs.) | Savings via Emeralde Private Metal (in Rs.) | Savings via DC Black (in Rs.) |
|---|---|---|---|---|
| Online Shopping | 15,000 | 675 | 450 | 500 |
| Travel | 20,000 | 900 | 600 | 666 |
| Dining | 10,000 | 225 | 300 | 333 |
| Departmental Store | 10,000 | 225 | 300 | 333 |
| Grocery | 15,000 | 675 | 450 | 500 |
| Utility Bills | 20,000 | 250 | 600 | 666 |
| Apparel | 10,000 | 225 | 300 | 333 |
| Total | 1,00,000 | 3,175 | 3,000 | 3,331 |
The calculation for the above illustration is done considering the following rewards redemption options:
- YES Bank Marquee: 1 Reward Point = Rs. 0.25
- ICICI Emeralde Private Metal: 1 Reward Point = Rs. 1
- HDFC Diners Club Black: 1 Reward Point = 1 Airmile or Rs. 1 for travel related redemption options
Based on the comparison table above, it’s evident that all the three cards offer similar overall savings if you redeem your accrued points against the options that give the highest redemption value. However, despite a lower rewards redemption value than the other two cards, YES Bank Marquee takes a lead when it comes to value-back on online transactions. So, if you are a frequent online shopper, Marquee card could yield greater savings. Conversely, if your expenses are distributed among various categories, opting for HDFC Diners Club Black might be more suitable.
Things to Know Before you apply
Consider this credit card if:
You are a high spender
You are a frequent international traveller
You prefer shopping online and can maximise the reward benefits
You want all-rounder benefits across movies, dining, rewards, etc.
You are looking for a card with complimentary golf benefits
Eligibility Criteria
Occupation: Salaried or Self-employed
Age: 21 to 60 years
Minimum Income: Rs. 3 lakh p.m. or ITR of min. Rs. 24 lakh p.a.
Paisabazaar Review
What do we like about this card?
With a straightforward rewards structure and no spend-based capping, YES Marquee allows consumers to earn good value-back on online and offline spends, including categories that are often excluded such as rent payments, insurance payments, and utility bills. The card’s unlimited international lounge access, complimentary guest visits, and a low forex markup fee, make it an appealing choice for frequent international travellers. Moreover, the annual benefit of free movie tickets worth Rs. 28,800 and complimentary golf lessons further add to the card’s value.
Pros
- Impressive reward rate of up to 4.5%
- Accelerated earning on all online spends, irrespective of category/brand
- Unlimited international lounge visits for primary and add-on cardholder
- Low forex mark-up fee of 1%
- Save up to Rs. 2,400 on movie tickets per month through BookMyShow
Cons
- Limited reward redemption options
- Low reward redemption ratio of 4:1
Conclusion
While YES Marquee has a lot to offer to travellers, it does not provide enough ways to convert accumulated reward points into travel savings. Where Axis Magnus and HDFC DC Black have 15+ airlines and hotels in their miles transfer program, with YES Marquee, you only have the option to convert your points into Club Vistara Points or Intermiles. You can also use the points to book flights and hotels through the YES Rewardz Platform; however, the redemption value of Rs. 0.25 for each point is too low, especially for a premium card. A low redemption value coupled with limited redemption options dims the sheen of an otherwise excellent rewards program. Despite these limitations, YES Marquee still stands strong as an all-rounder credit card.
Frequently Asked Questions
Everything you need to know about this credit card
You can redeem the accumulated reward points through YES Rewardz Portal for travel booking, miles conversion (with select airlines), vouchers and merchandise.
Yes. To be eligible for the complimentary lounge access benefit, cardholders must spend Rs. 1 Lakh in the preceding quarter. Fee payments, reversals/cancelled transactions, rental and wallet transactions will not qualify for the spend threshold.
Yes you can up to 3 add-on cards with YES Marquee Credit Card. Add-on cardholders share the same limit as the primary cardholder.
You can get an upgrade on your existing credit card depending on your eligibility and other internal policies of YES Bank. You can contact your relationship manager or speak to a customer care representative to get more clarity on this.
YES Marquee features a low forex mark-up fee of 1% and for every Rs. 200, it offers 36 reward points on online and 18 reward points on offline shopping. So, if you spend Rs. 50,000 on online international spends, you would save Rs. 2,250 as reward points. However, you would also have to pay 1% forex mark-up fee amounting to Rs. 500. Here, your effective savings become Rs. 1,750.
Footnotes
- Fuel transactions, instant and post purchase EMIs, cash withdrawals and cash advance fees & charges will not accrue any YES Rewardz Points.
- Rs. 1 or 1% of transaction value, whichever is higher, will be levied on all rental and wallet transactions greater than Rs. 1. Also, You can only make up to 3 rental transactions within a period of 30 days.
- Total reward earnings are capped at 1 lakh YES Rewardz Points per statement cycle.
Click here to know More Terms and Conditions
Rupanshi Thapa
Rupanshi is a personal finance writer, specializing in credit cards and consumer finance. Her work is committed to helping readers navigate the complex world of credit with confidence– whether they are selecting the right credit card, optimizings rewards, managing debt, or improving their financial well-being. Through her detailed insights and actionable advice, she guides readers towards smarter financial choices.
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2 Comments
Can I make another credit card payment from yes marquee credit card
You cannot use a credit card to make another credit card’s bill payment. If you are facing difficulty in clearing your credit card dues, you can opt for balance transfer facility or connect with your issuer to convert your balance into EMIs.