Yes Bank Reserv Credit Card

Yes Bank Reserv Credit Card


Joining Fee: Rs 1999+GST
Annual Fee: Rs 1999+GST




0.75% to 3%



Issued On

Visa, Mastercard


Domestic Airport Lounge Access, International Airport Lounge Access, BookMyShow Offer, Fuel Surcharge Waiver

Table of Contents

Yes Bank Reserv credit card (previously known as the Yes First Exclusive) is a premium credit card that comes with a joining and annual fee of Rs 1999+GST. The Yes Bank Reserv credit card offers a reward rate of up to 3% on spends. We also get benefits like complimentary domestic and international airport lounge access and a low forex markup of 1.75%.


Joining FeeRs 1999+GST
Joining Fee ReversalSpend Rs 40,000 within 30 days
Annual FeeRs 1999+GST
Annual Fee WaiverRs 3 Lakh annual spend
Renewal Benefit8000 points if fee is charged ~Rs 2000
Yes Bank Reserv Credit Card Review: Fees


Type of SpendReward PointsReturn
Online Shopping (except select categories)24 RP/Rs 2003%
Offline Shopping (except select categories)12 RP/Rs 2001.5%
Select Categories
Suburban and Local Transport, Utilities, Groceries, Supermarkets
Insurance, Education, Govt. Services, Tolls
Conv. Stores, Markets, Specialty Stores, Rent, Wallets
6 RP/Rs 2000.75%
Yes Bank Reserv Credit Card Review: Rewards

The Yes Reserv has a pretty good reward rate on shopping spends. Online and offline shopping gets you 3% and 1.5% return respectively. For the 3% reward rate spends, we can earn a maximum of 36,000 reward points per statement cycle. This caps the spends at Rs 3 Lakh per statement cycle which is pretty good.

LTF IndusInd Bank Credit Cards

But, the problematic part is what Yes Bank categorizes as select categories. It is ok to classify insurance, education and govt. spends under a slow reward rate as they are not shopping categories. But, seeing even categories like groceries, convenience stores in that is surprising. Yes Bank needs to revise this list as that does not make the Reserv a great credit card at all. But, there is an option to get a better reward rate with a subscription plan.

Yes Bank Reserv Credit Card: 3X/5X Rewards Subscription Plan

Yes Bank Reserv Credit Card Rewards Subscription Plan

Yes Bank has launched a rewards subscription plan to get 3X/5X reward points on your spends with the Yes Bank Reserv credit card. For both the plans, additional reward points per statement cycle are capped at 75,000.

Subscription Plan 1: 3X Reward Points on all spends

The subscription fee for this plan is Rs 3500+GST for 1 year. Once activated, we earn 3X reward points on all our spends. The new reward rates will be as below:

LTF IDFC First Bank Credit Cards
Online ShoppingOffline ShoppingSelect Categories
72 RP/Rs 200 ~9%36 RP/Rs 200 ~4.5%18 RP/Rs 200 ~2.25%
Yes Bank Reserv Credit Card: 3X Plan

Subscription Plan 2: 5X Reward Points on select spends

The subscription fee for this plan is Rs 5000+GST for 1 year. Once activated, we earn 5X reward points on spends in Dining, Travel, Fashion and Healthcare categories. With this, the new reward rate for these spends would be 15% for online and 7.5% for offline spends in these categories. If any spends fall under the select categories MCC, then we will get 3.75%.

Rewards Redemption

We have many options for reward redemption. The best value is against flight redemption.

Flights and Hotels25 paise per RP
Gift Vouchers10 paise per RP
Air Miles (Club Vistara/InterMiles)10 RP = 1 Mile
Rewards CatalogVaries
Yes Bank Reserv Credit Card Review – Rewards Redemption

Complimentary Airport Lounge Access

  • Domestic Airport Lounge Access: 3 visits/quarter. Check this list to see eligible airport lounges for the Yes Bank Reserv credit card.
  • International Airport Lounge Access: 6 visits/year. You can directly swipe your card for this. Yes Bank does not issue a Priority Pass anymore.

The access is valid only for primary cardmembers.

AU Bank Xcite Ace

Complimentary Golf Program

  • 4 Green Fee Waivers/year
  • 1 Golf Lesson/year

The list of golf courses where the gold benefits are available differs based on the Visa or Mastercard variant.

Dining Fiesta Program

Yes Bank Reserv Credit Card Dining Fiesta Program

Yes Bank has its own dining program where it offers a minimum 15% discount for dining at 1000+ eligible restaurants. We have all the Tier 1 cities and few Tier 2 cities too.

Check out the Dining Fiesta micro-site to see all available restaurants. This is a pretty good benefit on this card and come in useful in the absence of other dining offers.

Other Key Benefits & Charges

  • Fuel Surcharge Waiver: 1% fuel surcharge waiver for transactions between Rs 400 and Rs 5000. The maximum fee waiver is capped at Rs 250 per statement cycle.
  • BookMyShow Offer: 25% off up to Rs 250 once per calendar month
  • Rent Payment Charges: 1% of transaction value
  • Wallet Load Charges: 1% of transaction value
  • Foreign Currency Markup: 1.75%+GST ~2.1%

Final Thoughts

Yes Bank Reserv is the new re-branded offering that now replaces the Yes First Exclusive credit card. The card does offer some pretty good benefits and rewards for its annual fee. But what can improve the card are the removal of some excluded categories from the select categories list. There are some spends like groceries, convenience stores and supermarkets that are used by everyone. Putting these in the lowest reward rate slab does not help.

But, getting the Yes Bank Reserv credit card with the new 3X/5X rewards subscription plan makes it a much better option if you don’t have any other super-premium credit card.

Yes Bank Reserv Credit Card

Card Maven

Features and Benefits
Axis Bank My Zone Credit Card LTF
Share the Post:

Related Posts

19 thoughts on “Yes Bank Reserv Credit Card”

  1. With the 5x subscription plan isnt the Forex reward rates on POS and online 15% and 7.5% and like the bets in the Industry , better than even the Amex Plat card. Please confirm ?

    1. Card Maven

      Yes, it is but better to keep track of the points that are credited for accelerated spends. 5X is only for selected categories. 3X is for all spends. With the revamp of Yes Exclusive to Reserv, yet to see how the points get tracked.

  2. With the Rewards subscription plan is’nt this the highest yielding card in the market , even better than Infinia and all other cards as rewards jump to 15% , 7.5 % and 3.75 % without commitment to use a specific portal for purchasing like HDFC Smartbuy or Amex Reward Accelerator

      1. As per your understanding , isn’t this better than Marquee after 3x or 5x subscription plan ?

  3. Noobdipesh

    I had applied for 3X subscription on 17 January and the fees was debited on 19 but I haven’t received any reply?’.

    1. No idea for Reserv. But they had stopped using boxes long back for issuing Preferred and Exclusive cards.

      1. Actually, yes bank team has put reserv card details on every new cards (elite, ace etc)

          1. Noobdipesh

            If You can yes bank new cards page on thier website then you will notice reserv reward rates has been put on every new card introduced by YES BANK.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top