Updated On

The RESERV Credit Card, earlier known as the First Exclusive credit card, is a high-end offering by Yes Bank. It can be considered a direct competitor to HDFC Bank Regalia Gold Credit Card. The card comes with complimentary access to both international and domestic airport lounges. Apart from that, what makes this card such a lucrative offering in the premium segment is one of the lowest foreign currency markups by industry standards (1.75%). But that’s not it; since it is a premium card, you also get many other benefits like complimentary rounds of golf and movie ticket bookings at a discounted rate. Read the article for further information about this card.

Yes Bank First Exclusive/RESERV Credit Card

Joining Fee

Rs. 1,999 + GST

Renewal Fee

Rs. 1,999 + GST

Best Suited For

Travel | Shopping |

Reward Type

Reward Points

Welcome Benefits


Movie & Dining

25% Discount on Movie Tickets Booked on BookMyShow and Dining Offers at Select Restaurants

Rewards Rate

24 Reward Points for every Rs. 200 spent online. 12 Reward Points for every Rs. 200 spent on offline shopping and 6 RPs on select categories

Reward Redemption

Reward Points can be redeemed on the YesRewardz portal for hotel/flight/movie tickets booking and against purchases from the exclusive catalogue of products. Reward Points can also be redeemed against AirMIles (10 Reward Points = 1 InterMile / 1 Club Vistara Point).



Domestic Lounge Access

12 Domestic Lounge Visits Every Year (3 Per Quarter)

International Lounge Access

6 complimentary airport lounge access outside India with membership to the Priority Pass Program.


4 Complimentary Rounds of Golf With Green Fee Waived and 1 Complimentary Golf Lesson Per Year

Insurance Benefits

Insurance coverage is worth Rs. 3 crore if the cardholder's life is lost due to an air accident, and medical insurance is worth Rs. 50 lakh in case of emergency overseas hospitalization and a Credit Shield cover (up to Rs. 10 lakh) against outstanding card dues in the unfortunate event of the primary cardholder's death.

Spend-Based Waiver

The Joining Fee is Waived on Spending Rs. 40,000 Within 30 Days of Card Issuance. and the Renewal Fee is Waived on Annual Spends of Rs. 3 Lakh or More.

Rewards Redemption Fee

Rs. 100 + GST

Rewards Redemption Fee

Rs. 100 + GST

Foreign Currency Markup

1.75% (plus applicable taxes)

Interest Rates

2.99% per month (35.88% annually)

Fuel Surcharge

1% fuel surcharge is waived on all fuel purchases at all fuel stations across India for transactions between Rs. 400 and Rs. 5000 (waiver capped at Rs. 1000 per month).

Cash Advance Charges

2.5% Or Rs. 500 (Whichever is Higher)

  • 24 Reward Points on every Rs. 200spent for online shopping.
  • 12 Reward Points for every Rs. 200 spent offline.
  • 6 Reward Points on every spend of Rs. 200 on select categories like insurance, education, and government payments.
  • Movie tickets at discounted rates on BookMyShow.
  • 3 free domestic airport lounge visits per quarter.

Yes Bank First Exclusive/RESERV Credit Card Features and Benefits

The First Exclusive/RESERV Credit Card by YES Bank is a well-known credit card in the Indian market. It comes with a number of exciting benefits across various categories. Here are some of the most attractive features and benefits of this credit card:

Travel Benefits

Travel benefits with this credit card include:

  • Travel offers on the Yes Privileges portal.
  • 12 domestic lounge access (3 per quarter) at select airports across India. This is also available for add-on credit card holders.
  • 6 free lounge access outside India only for primary cardholders.
  • Reward Points are transferable to partner airlines’ AirMiles.

Effective 1st April 2024, access to domestic airport lounges will be based on spending criteria.

Lounge Access Quarter Spend Threshold
April – June ₹10,000
July – September ₹35,000

Dining and Movie Benefits

You get dining offers on the Yes Privileges portal, and for movies, Yes Bank offers you a 25% discount on all movie tickets booked on the BookMyShow website or app (with a maximum discount capped at Rs. 250/month).

Insurance Benefits

A credit shield cover worth Rs. 15 lakh against the card’s balance amount in case of accidental death of the primary cardholder.

Lower Foreign Currency Markup

At 1.75%, the foreign currency markup for this credit is one of the lowest in the market.

Renewal Benefit

Get 8,000 Reward Points on payment of renewal charges which are applicable from the second year.

Fuel Surcharge

The convenience fee on purchases (between Rs. 400 and Rs. 5,000) is waived at all refill stations across India (the maximum benefit under this waiver is capped at Rs. 1,000 per month).

YES First Exclusive/RESERV Credit Card Rewards

As it is a Reward Points-based credit card, you get Reward Points on transactions made with the card. You get:

  • 24 Reward Points for every Rs. 200 spent on online shopping.
  • 12 Reward Points for every Rs. 200 spent on offline shopping.
  • Select category transactions shall earn 6 Reward Points per Rs. 200 spent. These include insurance, education, and government payments.
  • A maximum of 36,000 Reward Points can be earned in a statement cycle.
  • Yes Bank Reward Points are valid for a period of 3 years from the accumulation date.
  • Reward Points will not be awarded for fuel transactions, cash withdrawals, rental/wallet payments, and transactions converted into EMI

Rewards Redemption

Yes Bank Reward Points can be redeemed for:

  • Purchasing various products, e-vouchers, travel bookings and movie tickets on the Yes Rewardz portal.
  • AirMiles at select partner airlines (10 Reward Points = 1 InterMile/1 CV Point).

Yes Bank First Exclusive/RESERV Credit Card Eligibility

The eligibility criteria that need to be fulfilled by the applicants in order to get approved for the YES Bank First Exclusive Credit Card are as follows:

  • Must be a resident of India,
  • Must be between the age of 21 and 60 years,
  • Should have a minimum monthly income of Rs. 2 lakh or annual income of Rs. 18 lakh or above.

How to Apply for Yes Bank RESERV Credit Card?

YES Bank provides you with online as well as offline methods to apply for the RESERV Credit Card. To apply online, you can simply click on the Apply Now button appearing on your screen. Fill in a few details, and you will have submitted your application for the Yes Bank First Exclusive/Reserv Credit Card. If you don’t prefer online methods, you always have the option to visit your nearest Yes Bank branch with the above-mentioned documents. You will need identity proof, address proof, and a passport-size photo of yours along with proof of income such as salary slip(s) in case of salaried employees and ITR documents for self-employed applicants.

Yes Bank First Exclusive/RESERV Credit Card Review

Considering all the benefits and rewards, we can safely conclude that Yes Bank’s RESERV Credit Card is one of the best offerings in the sub-premium segment, mainly because of its low foreign currency markup. Also, if you’re a frequent international flyer, this card is worth considering, as you get six international lounge access at airport lounges outside India. We think this card can be a good pick for high-net-worth individuals. Do let us know your opinion of this card in the comments section.


The reward points earned are valid for 3 years from the date of accumulation and expire thereafter.
You get 6 lounge access at airports outside India.
Yes, you are not liable for any fraudulent transaction made using your card, post the time of reporting the loss of your card. However, for any transaction, before you have reported the loss of card to the bank’s customer care, the liability of all the transactions made using your card lies solely with you.
Yes Rewardz is Yes Bank’s reward redemption portal where you can redeem your reward points for exclusive products, shopping vouchers, and hotel/flight/movie ticket bookings.


  1. Soumyajit Dutta

    First Year Membership Fee of INR 1,999+ applicable taxes, waived off on total retail spends of INR 40,000/- done within 30 days of card set up date

Leave a Reply

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

Yes Bank First Exclusive/RESERV Credit Card

Yes Bank First Exclusive/RESERV Credit Card


Add cards to start comparing

Compare Cards
Scroll to Top