YES BANK MARQUEE Credit Card Review
At a Glance
| Joining Fee | ₹9,999 + GST (₹11,799 all-in) |
| Annual Fee | ₹4,999 + GST (₹5,899 all-in), waived on ₹10 lakh of retail spends in the year |
| Best Suited For | High earners who shop online heavily and redeem points for flights and hotels |
| Reward Type | YES Rewardz Points, worth up to ₹0.25 each on flights and hotels |
The YES BANK MARQUEE Credit Card is the bank’s top open-market card, sitting below the invite-led YES Private.
Its headline is 36 YES Rewardz Points per ₹200 spent online, plus a 1% forex markup, 40,000 bonus points when you pay the joining fee, and Priority Pass lounge access.
The point count looks huge, but each point is worth ₹0.25 at most, and only if you book flights or hotels. This review translates every rate into rupees, covers the June 2026 changes to excluded categories, and shows who actually comes out ahead.
Rewards & Benefits
Reward rate and earn structure
| Spend | Points per ₹200 | Value on flights and hotels | Value as gift voucher |
|---|---|---|---|
| Online shopping | 36 | 4.5% | 2.7% |
| Offline shopping | 18 | 2.25% | 1.35% |
| Select categories (utilities, cable and streaming) | 10 | 1.25% | 0.75% |
All earning is capped at 1,00,000 points per statement cycle, which you reach at about ₹5.5 lakh of online spends. Utility bills have their own cap of 1,250 points per cycle.
Since 15 June 2026, no points are earned on rent, wallet loads, fuel, government, marketing and advertising, cash withdrawals, EMI conversions, insurance, education, railways, tolls or ferries.
YES BANK sorts spends by Merchant Category Code (MCC, the code a shop’s payment carries), so a merchant coded under an excluded category earns nothing.
Redemption and point value
| Redeem for | Value of 1 point | Limit |
|---|---|---|
| Flights and hotels | ₹0.25 | Up to 70% of the booking value |
| E-gift vouchers | ₹0.15 | ₹25,000 a month; 50% of available points |
| Statement credit | ₹0.10 | 50% of available points |
| Air India Maharaja Club | 10 points = 1 Air Mile | Monthly cap applies |
You need at least 2,000 points to redeem, each request costs ₹100 + GST, flight bookings add a ₹99 + GST convenience fee, and points last 36 months.
Total redemption is capped at 3,00,000 points a month. The gap between ₹0.25 and ₹0.10 is the whole story: ₹1 lakh of online spending earns 18,000 points, worth ₹4,500 in travel but only ₹1,800 as statement credit.
Welcome and renewal benefits
| Joining benefit | 40,000 points (₹10,000 in travel) plus an ET Prime voucher, after you pay the joining fee by the due date |
| Renewal benefit | 20,000 points (₹5,000 in travel) if the renewal fee is charged, per YES BANK’s value chart |
| BookMyShow | Buy 1 Get 1 on movie tickets, up to 3 tickets a month, discount capped at ₹800 a ticket |
| Purchase protection | 6 months of accidental damage cover on mobiles and electronics bought online |
Lounge access and golf
| Benefit | Allowance |
|---|---|
| Domestic lounges | 6 visits a quarter, primary and add-on, if you spent ₹1 lakh in the previous quarter |
| International lounges | Priority Pass membership for the primary cardholder; the value chart lists visits as unlimited |
| Guest visits | 4 international and 2 domestic a calendar year |
| Golf | Green fee waiver at select courses in India |
Fees & Charges
| Item | Charge |
|---|---|
| Joining fee | ₹9,999 + GST |
| Annual fee | ₹4,999 + GST, waived on ₹10 lakh retail spends in the 12 months before renewal |
| Foreign currency markup | 1%; 1% DCC fee on rupee payments abroad or to overseas merchants |
| Interest (finance charge) | 2.99% a month, 35.88% a year |
| Cash advance | 2.5% or ₹650, whichever is higher |
| Late payment | Nil up to ₹500 outstanding; above that, 10% of statement balance or ₹1,350, whichever is lower |
| Rent | 1% or ₹199, whichever is higher, on rent above ₹1,000 |
| Wallet loads | 1% on loads above ₹2,000 |
| Utilities | 1% once utility spends passed ₹50,000 in the previous month |
| Fuel | 1% on a transaction above ₹10,000 or fuel spends above ₹50,000 a month; surcharge waiver on ₹500 to ₹5,000, capped at ₹1,000 a cycle |
| GST | 18% on fees, interest and charges |
The ₹10 lakh renewal waiver works out to about ₹83,400 a month in retail spends. Below that, the ₹5,899 renewal fee comes back as 20,000 points, worth ₹5,000 only if you book travel.
The rule that catches people out is the domestic lounge condition. Visits in a quarter depend on ₹1 lakh of spends in the previous quarter, excluding fees, rent and wallet loads. Miss it and the lounge charges you per visit.
Eligibility & Documents Required
| Criteria | Requirement |
|---|---|
| Age | 21 to 60 years |
| Salaried | Net salary of ₹3 lakh a month |
| Self-employed | ITR of ₹36 lakh a year or more |
| Existing YES BANK cardholders | Not eligible |
Keep PAN, an address proof and recent salary slips or ITR ready for KYC.
Pros & Cons
| Pros | Cons |
|---|---|
| 4.5% on online spends when redeemed for travel | Only 1.8% online when taken as statement credit |
| 1% forex markup | ₹100 + GST fee on every redemption |
| 40,000 welcome points cover most of the fee | Long exclusion list since June 2026 |
| Priority Pass plus 6 domestic visits a quarter | Domestic visits need ₹1 lakh spent each quarter |
YES BANK MARQUEE vs Competitors
| Card | Annual fee | Waiver spend | Best return |
|---|---|---|---|
| YES MARQUEE | ₹4,999 + GST (₹9,999 first year) | ₹10 lakh | 4.5% online, on travel redemptions |
| HDFC Diners Club Black Metal | ₹10,000 + GST | ₹8 lakh | 3.33% on all spends, on SmartBuy travel |
| HDFC INFINIA Metal | ₹12,500 + GST | ₹10 lakh | 3.33% on all spends, on SmartBuy travel |
MARQUEE pays more on online shopping and has a cheaper renewal. The HDFC cards earn the same rate offline and online, and our reviews of both list unlimited lounge access.
How to Apply
Apply online from YES BANK’s MARQUEE page. Fill in your personal, income and employment details and complete KYC.
You can track the application status on YES BANK’s site. Pay the joining fee by the due date on your first statement, or you lose the 40,000 welcome points.
Frequently Asked Questions
Is the YES BANK MARQUEE annual fee waived?
The ₹4,999 + GST renewal fee is waived on ₹10 lakh of retail spends in the year. The ₹9,999 + GST joining fee is not waived, but earns 40,000 points.
What is the minimum salary for MARQUEE?
A net salary of ₹3 lakh a month, or an ITR of ₹36 lakh a year for the self-employed. Applicants must be 21 to 60.
How many lounge visits does MARQUEE give?
6 domestic visits a quarter, if you spent ₹1 lakh in the previous quarter, plus Priority Pass access abroad. You also get 4 international and 2 domestic guest visits a year.
What is a YES Rewardz Point worth on MARQUEE?
₹0.25 on flights and hotels, ₹0.15 on gift vouchers and ₹0.10 as statement credit. Each redemption costs ₹100 + GST.
What is the forex markup?
1% on foreign currency spends, plus GST. That is among the lowest on YES BANK’s list.
Can I get MARQUEE if I already hold a YES BANK card?
No. YES BANK says existing YES BANK credit cardholders are not eligible for MARQUEE.
Bottom Line
Get the YES BANK MARQUEE Credit Card if you meet the ₹3 lakh monthly income bar, do most of your shopping online, travel abroad and will redeem points for flights and hotels.
At that use, it returns 4.5% online, charges just 1% on foreign spends, and the welcome points cover most of the first-year fee. Skip it if you want cashback, since statement credit drops the online rate to 1.8%, if your spending is mostly rent, bills or education, or if you already hold a YES BANK card.
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