YES Bank RESERV Credit Card

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 the HDFC 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 (2%). But that’s not it; since it is a premium card, you also get many other benefits, like complimentary rounds of golf and discounted movie tickets. Read the article for further information about this card.

Product Details

• 24 Reward Points for every ₹200 spent on online shopping.
• 12 Reward Points for every ₹200 spent offline.
• 6 Reward Points on every spend of ₹200 on select categories like insurance, education, government, and wallet payments.

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 ₹200 spent on online shopping.
• 12 Reward Points for every ₹200 spent on offline shopping.
• Select category transactions shall earn 6 Reward Points per ₹200 spent. These include insurance, education, and tax payments.
• A maximum of 36,000 Reward Points can be earned in a statement cycle.
• Yes Bank Reward Points are valid for 3 years from the date of accumulation.
• 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.

RESERV Credit Card Features and Benefits

The RESERV Credit Card by YES Bank is well known 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:

• 12 domestic lounge access (3 per quarter) at select airports across India. This is also available for add-on credit card holders.
• 6 complimentary lounge access outside India for primary and add-on cardholders.
• Reward points can be transferred to partner airline programs like Air India Maharaja Club at a conversion ratio of 15:1 under the RESERV (YES First Exclusive) program.

Effective 1st April 2025, access to domestic airport lounges will be based on spending criteria.

Insurance Benefits

The card offers a ₹15 lakh Credit Shield cover, providing financial protection against unforeseen events, along with lost card liability protection ranging from ₹15 lakh to ₹30 lakh, ensuring enhanced security against unauthorized transactions.

Lower Foreign Currency Markup

At 2%, 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 ₹500 and ₹4,000) is waived at all refill stations across India (the maximum benefit under this waiver is capped at ₹500 per month).

Yes Bank 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 ages of 21 and 60 years,
• Should have a minimum monthly income of ₹2 lakh or an annual income of ₹18 lakh or above.

Yes Bank RESERV Credit Card Review

If you frequently fly internationally, this credit card is worth considering. It offers six complimentary lounge accesses at airport lounges outside of India, which is a significant benefit. One unique aspect is that free international lounge access is also available for add-on cardholders. However, while this card may seem attractive at first glance, there are several drawbacks, such as lounge access being based on spending requirements.

There are alternative cards to consider, including the IDFC Ashva, HDFC Diners Club Privilege, and Axis Horizon Credit Card. Despite its limitations, the Yes Reserv Credit Card may still be a good choice for high-net-worth individuals. We’d love to hear your thoughts on this card in the comments section.