Diwali Offer: Get 5X Reward Points on Yesbank Credit Cards

By | December 31, 2018

We all knew that Yesbank has been VERY Aggressive in the past with 2x/3x/5x offers overflowing back to back in 2017. But now things have changed very much for unknown reasons. Before we talk about it, lets look into the 2018 Diwali promo on Yesbank Credit Cards.

5X Reward Points on Yesbank Credit Cards

Yesbank Credit Card Festive Offer Details

  1. Offer Period: 15th Oct to 15th Nov, 2018
  2. Offer: Get 5X Reward Points at select merchants.
  3. Partner Merchants: Amazon.in, BigBasket, Jabong, MakeMyTrip, OYO Rooms, Reliance Digital
  4. Min. Spend: Rs. 20k for YF Cards, Rs.10k for Premia/Prosperity Cards.
  5. Max. Points: 2k Bonus Points for Yes Private Card, 8k for YF Cards, 4k for YES Premia & YES Prosperity Card Account
  6. Excluded Cards: YES BANK Cashback, Cashback Plus, Corporate and Purchase Credit Cardmembers
  7. Fulfilment: On or before 31 December, 2018

The major problem is that most of the merchants are anyway there with HDFC 5x/10x offers making yesbank go nowhere near to it.


This is clearly a huge disappointment indeed as its hardly 10% of Yesbank 2017 Diwali promo. I was noticing the trend of Yesbank’s offers in recent times and i see this was coming anyway. Also, they upgraded huge # of preferred cards to exclusive – this is going to cost them a LOT. Its all abnormal and its obvious that something is going wrong.

I assume this is happening mostly because they would have burnt their hands much with their frequent promos in the past. Those are huge loss for banks to absorb, especially when cardholders are redeeming the points, like most of the tech savvy customers do.

The recent news of Yesbank could have also added Fuel to the fire ending up with less marketing budget for credit card promos. Just some guesses!

That being said, I’m still counting on them & i hope they come back to business in near future.

What’s your take on Yesbank’s 2018 Diwali Promo? Feel free to share your thoughts in comments below.

Update: Fulfilment Done on Dec 31st 2018, as promised.

29 thoughts on “Diwali Offer: Get 5X Reward Points on Yesbank Credit Cards

  1. Kashyap

    I think best will be shopping on Amazon, and then adding remaining amount on Amazon pay, as wallet transactions will accrue 5X points

    1. Atul

      Based on my discussion with the CC representatives, wallet load will not accrue points. Does anyone have a definitive answer on this? The terms and conditions did not mention any exclusion but the response from the CC representative is causing some confusion.

      1. Mrinal T

        not mentioned in T&C , means wallet reloads will be accepted , fight it out if they dont(since not mentioned in exclusion lost of T&C)

        in normal course , wallet reloads are given points

      1. Amann

        My take. Pay your bills/ recharge on Amazon pay. Get the bonus points.

  2. Dr. Mohit

    Min. Spend: Rs. 20k for YF Cards, Rs.10k for Premia/Prosperity Cards.
    It says net minimum spend. So if i do 10000 x2 transactions. Will i still be elegible or does it requires a single tx?

  3. satish

    Minimum spend and Maximum spend are equal. Since you cannot earn more than 8K bonus points. You don’t get extra points if you spend more than 20K

  4. Vikram Khanna

    Hi Siddharth,

    I have spent about 7 Lakhs on my Yes Preferred card without being offered an uprade, so please shed some light on the same. Also please clarify ‘The recent news of Yesbank could have also added Fuel to the fire’.

  5. Dr. Mohit

    Hi Siddharth I have already spent 8 lacson my YFP card from when the card was setup(11 months approx)

    Will I get Annual Reward bonus On Lifetime free card?
    Annual Bonus Rewards
    Earn 20,000 Bonus Reward Points on achieving spends of INR 7.5 Lakhs or more in each anniversary yearc

    Also Anyone got bonus points from last month spend based Yesbank cc offer?

    1. Praveen Perumalla

      You will get the bonus points but after you finish one year.

  6. A2Z

    You missed to emphasize on this part which will make this offer further inferior :

    “The 5X Reward Points Offer cannot be clubbed with any other offer being run on YES BANK Credit Cards at any of the Partner Merchants during the Offer Period. In case a Cardmember avails of any other YES BANK Credit Card offer at any of the Partner Merchants during the Offer Period, then those particular transactions will not be eligible for the 5X Reward Points Offer.”

    So if a customer combines this offer with running offers like 15% instant discount on Jabong or any other offer then they may decline to count it in spends

  7. Kashyap

    So has anybody got any confirmation??
    Can we load Amazon Pay wallet or not in this 5X offer ??
    They didnt reply on social media to my query

    1. AshishR

      want to know same as well,
      can we load amazon wallet for this 5x offer?

  8. Amann

    Just got last month targeted offer’s bonus points. Fulfilment date is 31st October. Seems like YES BANK is being proactive. 😊

    1. Ramesh Kumar

      I have received the 8K reward points two days ago, but got SMS and email today morning.

  9. A2Z

    Yes Rewardz are kind of waste without Amazon or Flipkart in redemption catalogue.
    @Siddarth you should write some article about Cards rewards & their relative rewards redemption options.
    Yes bank must be sounded that they have gone on extreme low on promotions & thereby redemption options.
    They had come with bang but seems they got banged pretty soon

    1. Siddharth Post author

      Its still OKAY as long as they’ve other redemption options like vouchers for apparel brands.

  10. Abhi

    10X plus 5% cashback on flipkart BBD. Sounds great if you have Yes First.

  11. Abhi

    10X on Yescart covering Amazon, flopkart, tatacliq and myntra, all of July. Well rewarding if you own YFE or YFP.


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