2X Reward Points on Online Spends with YES Bank Credit Cards

By | September 11, 2017

YES Bank as i’m following them quite closely in recent times, they’re becoming more aggressive with consistently rewarding offers every single month. Last month they came up with generous 100,000 Reward Points promo. And now as we approach Diwali Season, here’s a nice offer from YES bank on Online spends.

YES Bank Credit Cards – 2X online Spends

Offer Details: Enjoy DOUBLE Reward Points on ONLINE Spends

YES First Credit Cards:

  • 2X Reward points on Online Spends
  • Minimum Spend: Rs.5000
  • Maximum Bonus Points: 10,000 Points (Eff. spend: Rs.1,20,000)
  • Offer Period: Sep 11th-20th 2017
  • Bonus Points will be credited: On/before 30th Nov 2017
  • Effective Savings: 4% on Preferred ; 5% on Exclusive

YES Prosperity Credit Cards:

  • 2X Reward points on Online Spends
  • Minimum Spend: Rs.3000
  • Maximum Bonus Points: 5,000 Points
  • Offer Period: Sep 11th-20th 2017
  • Bonus Points will be credited: On/before 30th Nov 2017
  • Effective Savings: 2% Yes Prosperity Edge ; 1.5% on Yes Prosperity Rewards Plus

I got the offer email and i hope that this is not a personalized offer, however, if you haven’t received the offer email, just confirm with customer care.

Remember, its a kind of ‘Pre-Diwali” offer. I’m expecting more (some kind of 3X) for the actual Diwali Offer, which i wish should be a overall spend based offer. Lets hope for the best and don’t forget to grab the above 10k/5k points in meantime.

And just in-case if you don’t have Yes Bank credit cards, this is yet another reason that you MUST have one. Here are other reasons: Why Should you Apply for an YES Bank Credit Card

Did you receive the offer? Are you planning to spend and avail 2x points or bet on 3x points for Diwali? Feel free to share your thoughts in comments below. 🙂

Author: Siddharth

I’m a Credit Card freak minting reward points and cashback for years. Obsessed with aviation, airport lounges and luxury travel at affordable cost.

59 thoughts on “2X Reward Points on Online Spends with YES Bank Credit Cards

  1. Rahul Singh

    Got the email. Btw, for last month’s 2X and 3X offer, I am yet to receive the bonus points.

    Reply
    1. Siddharth Post author

      You should get by “31st October 2017” for last month offer.

      Reply
  2. Prashant Gupta

    In the same way HDFC has also extended its 5x offer for all cards on lifestyle, snapdeal etc. nice competition.

    Reply
    1. Siddharth Post author

      Yes, but their redemption options makes it far less attractive to me.

      Reply
  3. Suhas

    One question that I have is that is the minimum spending per transaction or overall transaction in the offer period should be minimum of 5000 .

    Reply
  4. KK

    10k bonus points = Rs. 2500 bonus

    Hence effective spends would be 1 lac for exclusive (@2.5%) and 1.25 lac (@2%) for preferred. Wondering how you got 1.2L?

    Reply
    1. Siddharth Post author

      Bonus Reward Points refer to the additional Reward Points earned on the Online Spends as a part of the Offer,
      over and above the standard Reward Points earned as per the Credit Card feature.

      Does that help? 🙂

      Reply
  5. Manish

    Finally they sent the card yesterday. I must say that the box which they have sent is better than the card itself.
    But the logo on mastercard..seems a bit shiny and better than the ones which i have in my reports ( btw i work for them ).

    Now i am confused ..
    i hold the following cards now
    Diners premium – LTF
    Amex MRCC-LTF
    YES First Preferred – LTF
    Indian oil IOCL – 500 an year.

    i am confused now which to use .
    IOCL card – only for Diesel for my car. other than that i am having one EMI on it which will be closing in feb 2018
    Diners Premium – Mainly for 10x now. not my primary card. having EMI for next 18 months.
    Yes first – confused. (got hefty limit on this card)
    Amex MRCC – confused

    My major spending is on Amazon, bookmyshow and groceries.

    can you suggest something to me Sir..!!

    Reply
  6. Prashant Gupta

    Manish do what you are doing now. For groceries in physical store you can use yes prefered. As soon as 10x offers are over use yes bank. For mrcc try to sneek in 4 rs. 1000 transactions a month.

    Reply
  7. Raj

    Dear Sid,
    If you answer Manish, we will also get a window to your thoughts on card usage, pl do suggest….

    Reply
    1. Siddharth Post author

      Its Very tough to give suggestions/strategies without knowing one’s financial position/credit limit/expected benefits fully. It takes time to understand spending habits and set a strategy.

      A blind suggestion maynot help, sometimes even reduce your capability to save!

      Reply
  8. ashu

    Will this 2X be applicable to New Users like me who have Just received CreditCard on 16th Sept ?

    Reply
    1. Siddharth Post author

      Mostly – Yes. But re-check with Phone Banking as some offers with YES banks are only for cards with 1 month Vintage.

      Reply
      1. ashu

        Checked with Customer are over the phone….. as per him, 2X offer for all Customers who Hold Active YES FIRST (preferred/exclusive) Credit Cards..

        Have also shot-off a mail just to be doubly sure !!

        Reply
        1. ashu

          Now another CustomerCare Executive says that you may not be eligible if not received SMS or Email…..

          Plus, half the time their systems are Down…

          Major UI – UX – IT revamp needed @ YES.
          If they want to be in Top3 in creditcard, they need some serious revamps

          Reply
  9. Varun

    Is 2X points applicable for Wallet loading as i see wallet loading is also an online spend. I checked T&C but no such thing is mentioned.

    Reply
    1. Gaurav

      I guess no wallet load trx is applicable for this offer.
      I generally load for 20k in wallet. But only got 8 per 100.

      Reply
      1. Praveen Perumalla

        It is no where written in T&C that wallet loading is not applicable. The additional points will be credited before 30 Nov and not in the current billing cycle. So we have to wait till then.

        Reply
        1. Srikanth nalla

          hi guys.. Dont explicitly mention/discuss wallet loading like this.. already HDFC stopped points for wallet loading..

          Reply
  10. Gaurav

    I see on yes rewards website for credit card, a new card from yes bank is shown.
    “Yes Private”

    on internet i tried to search for this card but not found anything. any idea about it?

    Well selecting any of the other cards then this private card, can land you to rewards page where you can check the points for specific card type even if you dont own one. but on the reward page of this new card, you have to enter your card details even to go through catalogue.

    Reply
    1. Siddharth Post author

      Yes, i noticed it as well. We may need to wait for sometime to see what’s coming 🙂

      Reply
      1. SHARAD

        I noticed it too. I tried putting in my yes exclusivedetails and then on error just clicked outside the window and was able to access the page. This seems to be some new card for them which has RP ratio of 1 poitn = 1 re. Must be some new super premium card especially since they are stillgiving Yes first exclusive LTF.

        Reply
        1. Siddharth Post author

          Yep, seems to be a kind of Invite only card. Should be better than Infinia.
          Might be super tough to get it as we need to pass YES Exclusive variant first 😀

          Reply
          1. ND

            Yes Bank has categorised its high networth clients into Yes Prosperity, Yes First, Yes Personality and Yes Private with networth of Rs 5-25 lakh, Rs 25 lakh-1 crore, Rs 50 lakh-1crore and Rs 5 crore and above respectively. So it is going to be uber premium!

  11. Prashant Gupta

    Already Bokmyshow has put up a page for Yes Private. one on one movie ticket 4 times a month.

    Reply
  12. ND

    Guys, Yes Bank is back with 10days spend bonanza from Sep 20 to Sep 30… and is offering 2x and 3x RP for customized targets…

    Reply
    1. ND

      Sid, I am seeing my posts being visible after a considerable period of time… is there any way to expedite visibility??

      Reply
      1. Siddharth Post author

        Its manually approved and so takes time, usually few hrs to upto a day. Sometimes a bit more based on how much time i get 🙂

        Reply
      1. ND

        Got an sms , no email… it says only for Yes First so other cardholders might get it as well…

        Reply
  13. Saurabh

    yes bank is getting very aggressive again 2X and 3X offers got sms.

    Dear Valued Cardmember,spend Rs.15000 & more to get 3X Reward Points or Rs.10000 & more to get 2X Reward Points with your YES FIRST Credit Card.Valid from 20 – 30 Sep’17.T&C: http://nsm.sg/ygF4R

    Reply
  14. ashu

    Not received SMS or Email.
    🙁
    They are not considering me for any Offers thsi festive season it appears 🙁

    I am a New YES First CC holder since last weekend ..maybe thats the reason!

    Reply
    1. Siddharth Post author

      Same here. But they’ll send emailer in a day. We’ll then know.
      Ideally they need 1 month vintage.

      Reply
      1. ashu

        Fingers Crossed !!
        This is real bad on their part… New Credit Card Holders ke liye kuchh to dena chahiye offer…

        I checked with Customer care, as per them no Offer for new Users

        Reply
  15. Aman

    Hi sid

    I checked with yes bank. Feeback is:

    “Yes Private not yet launched as of now (for retail customers). Once launched it will be the private banking unit of Yes bank. And I would take care of Delhi NCR for the same. The eligibility criteria across industry for private banking is 5 cr investment relationship with the bank.”

    I think it’s alrsady in place for their top corporate clients already and in the near future it will be available to other customers those who keep balances or have a relationship exceeding 5 cr. Even the debit card for this account will be MasterCard Elite

    Reply
    1. Siddharth Post author

      Yep, its an Amex Centurion competitor, targeting the ultra HNI users.

      Reply
  16. Prashant Gupta

    Yes Bank should give offer on 1st 10 days of the month also, when majority of the spend is done.

    Reply
  17. Sanjay

    20th is the common date for 2x online spend (last day) and 3x retail spend (first day). Does it mean that we will effectively get 6x points for online spends done on 20th?

    Reply
  18. Aman

    Yes Private

    Welcome Rewards* – 50,000 Reward points on your first transaction
    Milestone Bonus Rewards# – 10,000 Reward points on total retail spend of Rs. 10 Lakhs in 1st 90 days from Credit Card opening date
    3 Reward points^ on INR 100 on international spends (nice 3%)(could have been better if the forex markup was lower but its the same as yes first at 1.75% + gst)
    2 Reward points^ on INR 100 on domestic spends (really!!!. This is the same as for yes preferred. Yes Exclusive is higher at 2.5% for all spends)
    Terms & Conditions
    1 Reward Point = INR 1
    *For 50,000 Welcome reward points, the first transaction must happen within 90 days of card setup date.
    For 10,000 Milestone Bonus reward points, the total retail spends of Rs. 10 Lakhs must be done within 90 days of card setup date.
    ^ – Valid for retail transactions only. Not applicable on fuel purchases

    Other benefits:
    Lounge unlimited including intl for primary & add onn (same as yes first exclusive) but you also get 10 complementary guest entries yearly. No pp required. Lounge key printed on the back of your mastercard.

    Bookmyshow offer 1+1;
    4 times a month. No ticket price restriction. Rs. 1000/- discount limit for events other than movies.

    Plus golf benefits (including international) + ITC membership benefits + Etihad & Jet discount + nightlife in style (through concierge) +

    Advance Medical Services – Expert Medical Opinion+ Max Hospitals offer + Texas Medical Concierge

    Hotels +cruise offer+++ lots more

    Reply
    1. Siddharth Post author

      Well, their base reward rate is lesser than Yes Exclusive, which makes it less attractive to me.

      However, its good for a movie buff to save a LOT!
      Though, considering the eligibility range, those kind of ppl will have their own home theater 😀

      Other benefits are still good but i don’t see a wow factor for my use, for now.

      Reply
  19. Aman

    Also for yes private
    Emergency Card Replacement (ECR) feature applicable for India and abroad

    Hey sid
    Let me know what you think.

    Reply
  20. Gaurav

    Hey Sid,

    Have u tried redeeming some product with yes rewards? Specifically mobiles from reward points?

    Hows the reliability of the products (non vouchers) from rewards points?
    I am specifically asking for yes rewards. As i am about to reach 200000 reward points and thinking of going to redeem a phone with them.

    Thanks

    Reply
    1. Siddharth Post author

      Better to go with Amazon vouchers, and then get mobiles from Amazon.

      Reply
      1. Gaurav

        I was actually thinking that. i have few points to ask:
        * How many vouchers can be redeemed in one order from yes rewards site?
        * how many vouchers can be added to amazon account?

        Reply
  21. Ajit

    What are the reward handling charges, any one here have redeem points as per MITC INR100 per redemption request even for e-voucher.

    Reply
  22. Prashant Gupta

    Just received message for 10x points on amazon, shopperstop, ola, makemytrip and 2x points on normal spends till 31 oct. really aggressive from Yes Bank, they have covered all categories online shopping, clothing, travelling, electronics.

    Reply

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