Marquee Credit Card is a super premium offering by Yes Bank. Recently, Yes Bank made some changes to it. These changes can be considered a devaluation of features and benefits as the value of Reward Points offered on joining has been silently reduced from 60,000 to 40,000. Now, an ET Prime membership is also being offered along with the card, possibly to compensate cardholders in some form.
Let’s have a look at all the recent changes made to the Yes Marquee Credit Card.
Changes to Welcome Benefits
Earlier, Marquee Credit Card offered 60,000 Reward Points as a welcome gift, which has now been reduced to 40,000. Earlier, the value of Reward Points offered as an introductory benefit was ₹15,000, which was quite more than the joining fee, which has now been reduced to ₹10,000.
Complimentary ET Prime Membership
Upon payment of the joining fees, now members will receive a complimentary ETPrime subscription voucher worth ₹3,199 with the Yes Marquee Credit Card.
Benefits of ETPrime?
- Smart Market Tools (Investment Ideas, 4000+ Stock Reports, BigBull Portfolio, Stock Analyzer, Market Mood, Stock Screeners)
- Minimal Ads
- Exclusive Stories
- Complimentary Subscriptions (TOI+)
Bottom Line
The Marquee Credit Card is a rewarding and attractive offering. It was always considered to be highly rewarding, even more so than the joining fee it charged. This has now been corrected with the recent devaluation, as the Reward Points offered have been reduced from 60,000 to 40,000. So, earlier cardholders were getting joining benefits worth ₹15,000, which have been reduced to ₹10,000.
But along with this, now an ET Prime member is offered along with the card. This membership shall be valid for 1 year and has a value of ₹3,199.