Yes Bank Credit Card Devaluation - Effective from December 1, 2024 & April 1, 2025

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Finance Mentor
abhishek012

Yes Bank Credit Card Devaluation - Effective from December 1, 2024 & April 1, 2025:

Airport Lounge Access:

Effective from April 1, 2025, you’ll need to meet a spending threshold in the previous quarter (Dec 21 - Mar 20 | Mar 21 - Jun 20 | Jun 21 - Sep 20 | Sep 21 - Dec 20) to qualify for complimentary lounge access in the following quarter (Apr 1 - Jun 30 | Jul 1 - Sep 30 | Oct 1 - Dec 31 | Jan 1 - Mar 31).

  • Yes Bank MARQUEE/RESERV Credit Card: Spend Rs. 1,00,000 in a quarter to receive complimentary airport lounge access.
  • Yes Bank YES First Preferred/YES First Business Credit Card: Spend Rs. 75,000 in a quarter.
  • Yes Bank ELITE+/SELECT/BYOC/WELLNESS PLUS/YES Prosperity Business Credit Card: Spend Rs. 50,000 in a quarter.

Please Note:

  • The number of complimentary lounge accesses remains the same, subject to meeting the spending threshold.
  • This threshold applies only for complimentary access to domestic lounges (within India).

YES Rewardz Points Redemption effective December 1, 2024

  1. Yes Private & Private Prime Credit Cards: Redeem up to 70% of the total invoice value or 6,00,000 YES Rewardz points (whichever is lower) per calendar month on flights and hotels.
  2. For MARQUEE Credit Cards: Redeem up to 70% of the total invoice value or 3,00,000 YES Rewardz points (whichever is lower) per calendar month on flights and hotels.
  3. For RESERV Credit Cards: Redeem up to 70% of the total invoice value or 2,00,000 YES Rewardz points (whichever is lower) per calendar month on flights and hotels.
  4. For Other Credit Cards: Redeem up to 70% of the total invoice value or 1,00,000 YES Rewardz points (whichever is lower) per calendar month on flights and hotels.

Important: The above changes in YES Rewardz redemption are in addition to the existing cap of 50% of available YES Rewardz points when redeeming against gift vouchers and statement credit.

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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