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Yes Bank RESERV Credit Card: Fees, Rewards & Benefits

Rewards card with lounge access

Vyaya Team · Jun 2026
5 min read
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Value Score
9.0 / 10
Annual Fee
₹1,999
Best For
Online-Heavy Traveller, Fee-Offsetting Spender
Network
Visa
Expert Verdict

The Yes Bank RESERV is a premium card with strong online earning (24 points per INR 200, capped 36,000/month), good lounge access (12 domestic, 6 international) and a low 1.75% forex markup. A 0.1 INR base point value, reduced earning on general spends and wide exclusions mean it rewards online-heavy travellers who clear the INR 3 lakh waiver.

YES BANKVisa
Yes Bank RESERV
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REWARD SUMMARY
0.6000000000000001% Base Rewards
Rewards card with lounge access
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The Bottom Line

The Yes Bank RESERV is built for online-heavy traveller and fee-offsetting spender. With a ₹1,999 annual fee that is waived on ₹3,00,000 yearly spend, it offers 1.2% rewards on online shopping and airport lounge access. It makes the most sense if your spending matches online-heavy traveller and fee-offsetting spender.

It earns a base reward rate of 0.6000000000000001% and stacks best when your spending lines up with Online-Heavy Traveller, Fee-Offsetting Spender. The renewal fee gets easier to justify once you can hit ₹3,00,000 in yearly spend.

What we like
+High earning: 12 points per INR 200 base, doubling to 24 per INR 200 on online shopping (capped at a very high 36,000 points/month).
+Strong lounge access for the fee: 12 domestic and 6 international visits.
+INR 1,999 annual fee waived on INR 3 lakh annual spend, plus an 8,000-point (~INR 2,000) renewal benefit when the fee is paid.
+Low 1.75% forex markup and purchase protection up to INR 50,000.
+Complimentary golf (4 games plus monthly lessons) and dining discounts at 1,000+ restaurants.
What we don't
Base reward value is just 0.1 INR per point (best 0.25 INR), so the headline rates convert to modest real returns.
A reduced 6 points per INR 200 (0.5x, capped 36,000) applies to other/general spends.
Fuel, government, rent, wallet, cash, EMI, UPI and advertising spends earn no reward points.
Fuel surcharge waiver is capped at just INR 250 per cycle.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Online-Heavy Traveller

Users who spend a lot online (24 per INR 200, capped 36,000/month) and travel enough to use 12 domestic + 6 international lounge visits and the 1.75% forex markup.

+
Fee-Offsetting Spender

Those who cross INR 3 lakh annual spend to waive the INR 1,999 fee and collect the INR 2,000 renewal benefit.

Probably not for

Skip
General/UPI Spender

Non-online spends earn a reduced 0.5x, and UPI, fuel, rent and bills earn nothing, so broad spenders gain little.

Points-Value Purist

The 0.1 INR base point value means actual returns trail the headline multipliers.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Annual fee-₹1,999
Net Value (Year 1)-1,999
Net Value (Year 2+)-1,999
Progress to fee waiver0%

Spend ₹3,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Yes Bank RESERV offers 0.6000000000000001% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Online Shopping
1.2%
Other
0.3%

Welcome Offer

Welcome Benefit

Joining fee of INR 1,999 + GST waived on spending INR 40,000 within the first 30 days of card issuance.

Milestone Benefits

Spend ₹3,00,000

Annual/renewal fee of INR 1,999 + GST waived on annual spends of INR 3 lakh or more (excluding rent and wallet transactions).

Fees & Charges

Joining fee₹1,999
Annual fee₹1,999
Fee waiverSpend > ₹3,00,000

Eligibility

  • Min Income: ₹24 Lakhs
  • Min Credit Score: 750
  • Salaried/self-employed age 21-60; min monthly income ₹2L salaried (₹24L annual) or ITR ₹18L self-employed; annual fee waived on ₹3L annual spend.

Exclusions & Terms

Forex markup

  • Foreign currency markup

UPI Transactions

  • Does not earn reward points.

Cash Advances

  • Does not earn reward points.

EMI Transactions

  • Post-purchase EMI and instant EMI transactions do not earn reward points.

Frequently Asked Questions

3 data-backed answers from our card database

What is the annual fee of the Yes Bank RESERV?+

The Yes Bank RESERV has an annual fee of ₹1,999, waived on annual spends of ₹300,000.

What rewards does the Yes Bank RESERV offer?+

It earns YES Rewardz Points, with accelerated earning on Rewards.

Does the Yes Bank RESERV offer airport lounge access?+

Yes, it includes complimentary airport lounge access. See the benefits section for visit limits.

Ready to apply?

₹1,999 annual fee. Apply on the Yes Bank website.

Apply on Yes Bank

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