YES Bank – Please enable Donation of Debit Cards Rewardz Points to PM Cares Fund @ COVID19
The YES Bank Rewardz program is
managed by ‘Loylty Rewardz’.
Loylty Rewardz is a B2B loyalty and rewards
management company focussing on development and management of consumer loyalty,
data intelligence, and direct marketing communication.
YES Bank customers get to choose the
rewards as per their eligibility from the Rewardz Catalogue. The exact rewards
are accessible only to YES Bank customers. As per YES Bank website, the reward
points can be redeemed for wide range of categories.
There is a different catalog for debit
cardholders and credit cardholders.
Rewards can be chosen based on 01) Brand 02)
Category 03) Occasion 04) Recipient
Each reward point is worth INR.25 for eg: YES
Bank customer desires to receive a INR@250/- Myntra Gift Card he/she has to
burn 1000 YES Rewardz points.
To raise the bar for customer satisfaction
YES Bank has enabled its credit cardholders to redeem its reward points
towards a donation for PM CARES FUND:
This was announced by YES Bank by a tweet.
Press Release excerpt:
“In line with this, the Bank has also
enabled redemption of YES BANK Credit Cards reward points towards contribution
to the PM Cares Fund. Customers can redeem their rewards points in
denominations of INR 250, INR 500 and INR 1000 on
www.yesrewardz.com/CreditCard/. However, cardmembers will not receive a tax
exemption certificate for contributions made using reward points.”
The salient features of the facility
enabled by the bank includes having no upper cap to donations i.e. all funds
that are available in the form of reward points will be available for
redemption.
Waiver of reward points redemption fees for
redemption to PM CARES FUND, thereby giving them the comfort of showing their
support in the fight against the pandemic whilst being in the comforts and
safety of their homes.
It also gives out multiple denominations
ranging out from minimum Rs.250, Rs.500 and Rs. 1000 for your valuable
contribution.
This special deal is made possible by
seamless collaboration between the banker’s team and ‘Loylty Rewardz’ team, for
a guilt-free contribution towards the noble cause without foregoing their cash.
It would be wonderful for YES Bank to:
01) Enable this facility for debit card holders
too.
02) Highlight the redemption of YES Bank Credit
Card Rewardz to PM CARES FUND.
Go ahead, and redeem your YES Bank Credit
Cards towards PM CARES FUND.

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