Yes Bank Devaluation


I got 2 emails - one saying 25K and another saying 15K for utility spends.

We wish to inform you that product features on your Credit Card are being revised w.e.f. 7th March, 2024 as follows:

Rental and Wallet spends will not accrue any Reward Points

Capping of Reward Points earned on Utility Spends - Rewards to be earned upto spends of INR 15,000 per statement cycle

Forex Markup Fee of 1% on Dynamic Currency Conversion (DCC)* Spends

Feature changes (1) and (2) are not applicable on Cashback Cards

*DCC transactions are transactions carried out in ₹ at an international location or at merchants which are in India but registered overseas

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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Generous Generous
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Which Card do you have?

Benevolent Benevolent
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Reserv and Virtual Rupay. But email doesn't mention any card name.

Generous Generous
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Click here to download the MITC.

In email Click/ Top there point_up_2 point_up_2

You will get PDF MITC

Benevolent Benevolent
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MITC is generic. It has all cards Marquee, Reserv, Elite, Ace, Wellness etc.

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Pro Shopping Friend Pro Shopping Friend
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Yes Bank itself got Devalued during DHFL Era.

Deal Lieutenant Deal Lieutenant
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Finance Ninja Finance Ninja
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Bas aise he jindegi me khushiya aati raheni chahiye. Warna jindegi jine me boring sa lagne lagta hai.

Generous Generous
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Some people call it SADISM 

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