IDFC FIRST Bank Gaj (Metal) vs Yes Bank Marquee
A field-by-field comparison of fees, reward rates, accelerated categories, caps, exclusions, lounge access and forex markup, using each issuer's own published terms. Affiliate payout never decides the verdict.
Short answer
IDFC FIRST Bank Gaj (Metal) and Yes Bank Marquee differ first on recurring cost: IDFC FIRST Bank Gaj (Metal) has an annual fee of ₹12,500 against ₹4,999 + GST for Yes Bank Marquee, so Yes Bank Marquee is cheaper to hold. On rewards, IDFC FIRST Bank Gaj (Metal) earns 5 RP/₹150 on eligible spends while Yes Bank Marquee earns 18 YES Rewardz Points per ₹200 on eligible offline and other non-accelerated retail spend. IDFC FIRST Bank Gaj (Metal) has the lower forex markup at 0%. Neither card wins outright: the better choice depends on which accelerated categories match your spend, the monthly caps, the exclusions and issuer approval fit.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
| Feature | IDFC FIRST Bank Gaj (Metal) | Yes Bank Marquee |
|---|---|---|
| Issuer | IDFC FIRST Bank | Yes Bank |
| Joining fee | ₹12,500 | ₹9,999 + GST |
| Annual fee | ₹12,500 | ₹4,999 + GST |
| Fee waiver | No waiver recorded | ₹10,00,000 annual eligible spend |
| Base rewards | 5 RP/₹150 on eligible spends | 18 YES Rewardz Points per ₹200 on eligible offline and other non-accelerated retail spend |
| Accelerated routes | hotels via IDFC FIRST app · flights via IDFC FIRST app | online travel & airline spends · utility spend |
| Reward exclusions | fuel, emi, fees, loan, balance transfer, cash withdrawal | fuel, rent, wallet load, government, marketing advertising, cash advance, fees, post purchase emi, emi on call, instant emi, insurance, education, railway, toll, ferry |
| Forex markup | 0% | 1% |
| Domestic lounge | 4 visits/quarter | 6/quarter (₹1L quarterly spend condition), incl add-on |
| International lounge | 4 visits/quarter | unlimited for primary + add-on |
| Card networks | Visa | Mastercard World Elite |
| Best suited to | travel, premium, forex free | international lounge, movies, low forex |
| Issuer evidence | Checked 2026-07-16 | Checked 2026-08-01 |
Frequently asked questions
Is the IDFC FIRST Bank Gaj (Metal) better than the Yes Bank Marquee?
Neither is universally better. IDFC FIRST Bank Gaj (Metal) charges ₹12,500 a year and earns 5 RP/₹150 on eligible spends; Yes Bank Marquee charges ₹4,999 + GST and earns 18 YES Rewardz Points per ₹200 on eligible offline and other non-accelerated retail spend. The better card is the one whose accelerated categories, caps and exclusions match your actual spending, after subtracting the annual fee and GST.
Which of the two has the lower annual fee, IDFC FIRST Bank Gaj (Metal) or Yes Bank Marquee?
Yes Bank Marquee has the lower recorded annual fee at ₹4,999 + GST. A spend-based waiver may reduce the effective cost of the other card, so check the waiver threshold before deciding.
Which is better for international spending, IDFC FIRST Bank Gaj (Metal) or Yes Bank Marquee?
IDFC FIRST Bank Gaj (Metal) publishes the lower forex markup at 0% versus 1%. Also confirm whether international transactions earn rewards, since some issuers exclude them.
Can I hold both cards together?
Yes, provided each is approved on its own merits and you can pay both statements in full. Holding both makes sense only when their accelerated categories do not overlap; otherwise the second card adds an annual fee without adding rewards.