YES Bank Marquee
PremiumYES Bank
Where it ranks · across all 71 cards
Devaluation history
- 2026-06-15 - Bank notice: ₹100 fee per reward redemption request; insurance, education, railways, toll, ferry stop earning points; fuel waiver band now ₹500-₹5,000.
What a point is worth
Earning 18 pts / ₹200, the same point pays very differently by redemption path:
| Redemption path | Per point | Effective on spends |
|---|---|---|
| Partner transfersbest: Air India Maharaja Club at 10:1 (ceiling 1.6%) | ₹0.06-₹0.18 | 0.54% |
Rankings across KaunsaCard use a single conservative value (₹0.25/pt = 2.25%); transfer ceilings assume premium-cabin awards and are never used to rank.
Reward rules
Points valued at ₹0.25/pt - conservative, what rankings use · transfers reach up to ₹0.18/pt via Air India Maharaja Club at 10:1
Base rate - everything not covered below
18 pts / ₹200= 9 pts per ₹100
2.25%
conservative value
36 pts / ₹200 on online spends (4.5%)
36 pts / ₹200= 18 pts per ₹100
4.50%
conservative value
Joining fee ₹9,999+GST; renewal ₹4,999 waived at ₹10L. Reward redemption now carries a ₹100 fee per request (Jun 2026).
Source: YES Marquee (trackers; earn rates not on bank site) · 2026-08-20
10 pts / ₹200 on utilities (1.25%)
10 pts / ₹200= 5 pts per ₹100
1.25%
conservative value
Source: YES Marquee (trackers) · 2026-08-20
Transfer partners
YES Rewardz (Marquee) - what 10,000 points become. Full matrix with live amounts on the Transfers page.
| Partner | Ratio | 10,000 pts → | ≈ value |
|---|---|---|---|
| Air India Maharaja ClubMarquee converts at 10:1 (YES Private 8:1) per the Air India partner page. Weak - catalogue/travel redemptions usually beat transfers. | 10:1 | 1,000 | ₹600-₹1,800 |
Historic partners (Club Vistara, InterMiles) shut down; the surviving route is Maharaja Club at 10:1 via the YES Rewardz portal (Air India partner page). Plus ₹100 redemption fee per request (Jun 2026).
Earns nothing on
- ⊘ Railways earn nothing (Jun 2026 bank notice MCC list).41124011bank MCC list→ use Axis Magnus for Burgundy here (10.5%)
- ⊘ Toll & ferry earn nothing (Jun 2026 bank notice MCC list).47844111bank MCC list→ use Axis Burgundy Private here (4.5%)
- ⊘ Insurance earns nothing (MCC 6300/6381, Jun 2026).63006381bank MCC list→ use Axis Burgundy Private here (4.5%)
- ⊘ Education earns nothing (Jun 2026).8211822082498299824182447911bank MCC list→ use Axis Magnus for Burgundy here (10.5%)
- ⊘ Fuel: surcharge waiver on ₹500-₹5,000 txns instead of points.
- ⊘ Rent earns nothing.
- ⊘ Wallet loads excluded.
- ⊘ EMI excluded.