RESERV Credit Card
A YES Rewardz points card: 24 points per ₹200 online, 12 per ₹200 offline and 6 per ₹200 on utility bills, up to 36,000 points a statement cycle (points worth ₹0.10 each as statement credit), with a 2% forex markup and lounge access. Every figure below is copied from YES BANK’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹2,499 plus GST Fee schedule |
|---|---|
| Annual fee | ₹2,499 plus GST Fee schedule |
| Annual fee waiver | On ₹3,00,000 of spend in the year Fee schedule |
| GST on fees | 18% |
| Foreign-currency markup | 2% of the transaction, plus GST Product page |
| The joining fee is waived on ₹40,000 of retail spend within one month of card set-up. The 2% markup applies from 15 June 2026 (1.75% before). | |
| Reward redemption fee | ₹100 plus GST MITC |
Rewards
Reward points, ₹0.10 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Online shopping (except Select categories) | 24 points per ₹200 Terms | up to 36,000 points a statement cycle (shared) Terms |
| Select categories: utility bills and cable/streaming services (MCC 4900, 4899) | 6 points per ₹200 Terms | up to 750 points a statement cycle Terms |
| Offline shopping and other spends | 12 points per ₹200 Terms | up to 36,000 points a statement cycle (shared) Terms |
YES Rewardz points: ₹0.10 each as statement credit or e-gift vouchers, ₹0.25 on flight and hotel bookings; redemption needs 2,000 points and costs ₹100 + GST per request.
Points are capped at 36,000 a statement cycle across all spends; utility spends earn at most 750 points a cycle. Online and offline rates exclude Select categories.
No rewards on
- Rent, wallet loads, fuel, UPI, government, insurance, education and railway spends (from 15 June 2026); also marketing/advertising, tolls, ferries, cash and EMI conversions Terms
Benefits
- Lounges: International lounge access, and 3 domestic lounge visits a quarter shared by primary and add-on cardholders — ₹1,00,000 of spend in the previous quarter (domestic visits only) Product page
- Fuel: 1% fuel surcharge waived on fills of ₹500 to ₹4,000, up to ₹500 a statement cycle Product page
Also on this card
Quoted from YES BANK; not counted in the net value.
- Complimentary international airport lounge access Product page
- 2% foreign currency markup Product page
- 8,000 bonus reward points when the renewal fee is charged (from the second year) Product page
- 25% discount on BookMyShow Product page
- 4 green fee waivers and 1 golf lesson a year at select courses in India Product page
- Purchase protection up to ₹50,000 for 6 months on mobiles and electronics bought online Product page
Eligibility
- Age 21 or above Product page
- Age 60 or below Product page
- Salaried or self-employed Product page
- Salaried: net salary of at least ₹2 lakh a month Product page
- Self-employed: income tax return of ₹18 lakh or more Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by YES BANK in the documents read
- the card network
- a welcome benefit
- whether the RuPay variant can be linked to UPI (the terms mention RuPay variant cards but not UPI linking)
Where YES BANK’s documents differ, and what is used
- Foreign currency markup: the credit card listing feed still shows 1.75% for this card; the product page and the MITC (V18) give 2.00% from 15 June 2026. CardWise uses 2%.
The quotes behind the figures
39 figures, each copied from an official YES BANK document.
Show every quote and source
“First Year Membership Fee of INR 2,499 applicable taxes, waived off on total retail spends of INR 40,000/- done within one month of card set up date”
“Renewal Membership Fee of INR 2,499 applicable taxes, waived off on total retail spends of INR 3,00,000/- or more within 12 months prior to card renewal date”
“Goods and Services Tax (GST) 18% (Applicable on all fee and charges)”
“Preferential Foreign Currency Markup of 2.00%”
“Statement Credit = ₹0.10”
“24 YES Rewardz Points a”
“On every INR 200 for Online b Shopping (except on Select categories)”
“Maximum Capping of Rewards Points per statement cycle 36000.”
“6 YES Rewardz Points a”
“On every INR 200 on Select c categories.”
“Capping of YES Rewardz Points earned on Utility Spends (MCC 4900) is 750 per statement cycle”
“Effective 15th June 2026: Valid on all retail transactions done on Merchant Category Codes (MCC) as defined by Mastercard and VISA as per the table below, referred to as Select Categories.”
“12 YES Rewardz Points a”
“On every INR 200 for Offline Shopping (except on Select categories)”
“Effective 15th June 2026:Valid on retail purchases only. Not applicable on UPI transactions on RuPay Credit Card, Rent, Wallet and fuel Government & Marketing / Advertising category transactions, Cash withdrawals, Cash Advance Fee & Charges, Post Purchase EMI, EMI on Call & Instant EMI transactions, Insurance, Education, Railways, Toll & Ferry.”
“Effective 15th June 2026, Reward Points will not be awarded for Rent, Wallet, Fuel, UPI, Government & Marketing / Advertising category transactions, cash withdrawals and transactions converted to EMI (Post Purchase EMI, EMI on Call & Instant EMI), Insurance, Education, Railways, Toll & Ferry.”
“"button1" : "Apply for Credit Card"”
“RESERV was previously known as YES FIRST EXCLUSIVE”
“Reserv / Reserv for NRI INR 2,499 INR 2,499 INR 40,000/- INR 3,00,000/-”
“Reserv / Reserv (NRI) /Reserv (FD) /YES First Preferred / YES First Preferred (NRI) / YES First Preferred (FD) / YES First Business 1.75% 2.00%”
“Foreign Currency Markup applicable prior to 15th June 2026 is 1.75%”
“Reserv Credit Card o Redemption Ratios”
“1. A minimum of 2,000 Reward Points is required for redemption.”
“Marquee/ Reserv / Reserv for NRI INR 1,00,000”
“For RuPay variant cards: a refundable authorization amount of upto $35 shall be charged on each eligible card presented at the entrance to the Participating Lounge”
“If you are already holding any YES BANK Credit Card, you are not eligible for this card.”
“A reward redemption fee of INR 100 + applicable GST is charged when customer initiates a redemption request for accumulated reward points.”
“3 complimentary lounge visits per quarter within India for primary and add-on card holder (cumulative)”
“1% fuel surcharge waiver between Rs 500 and Rs 4000.”
“Total waiver in statement cycle is capped at INR 500.”
“Complimentary International Airport Lounge Access”
“Earn 8000 bonus Reward Points if renewal fee is charged (Applicable 2nd year onwards)”
“25% Discount Offer on BookMyShow”
“4 green fee waiver per year 1 Golf lesson per year at select golf courses in India.”
“Insurance cover of upto INR 50,000 against accidental damage for 6 months for mobile & electronic purchased online”
“Between 21-60 years of age”
“Salaried or self employed”
“Minimum Net Salary of INR 2 lakh per month or Income Tax Return of INR 18 lakh and above”
“Apply for Credit Card Online”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with YES BANK or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. Methodology