YES First Reserv Credit Card Review: Complete 2026 Update
Table of Contents
- Quick Verdict
- Card at a Glance
- Fees & Welcome Benefits
- Reward Point System Explained
- Travel & Lounge Benefits
- Milestone Benefits & Fee Waivers
- Pros & Cons
- Who Should Get This Card?
- Final Conclusion
Quick Verdict
- Is it good? Yes, it offers solid rewards and travel benefits.
- Reward rate? 6 Reward Points for every INR 200 spent on retail categories.
- Best for? Frequent travelers and online shoppers.
Card at a Glance
| Feature | Details |
|---|---|
| Annual Fee | INR 1,999 + applicable taxes |
| Joining Fee | INR 1,999 + applicable taxes |
| Reward Rate | 6 Reward Points for every INR 200 spent on retail categories |
| Welcome Benefit | 20,000 Bonus Reward Points on spending INR 1,000 within 30 days |
| Lounge Access | Unlimited domestic and international lounge access |
Fees & Welcome Benefits
The YES First Reserv Credit Card comes with an annual fee of INR 1,999 plus applicable taxes. This fee can be waived if you spend INR 5 Lakhs or more in the previous year. The joining fee is also INR 1,999 plus taxes, but you can get it waived by spending INR 40,000 within the first 30 days of card issuance.
As a welcome benefit, you receive 20,000 Bonus Reward Points when you spend just INR 1,000 within the first month. This is a fantastic way to kickstart your rewards journey!
Reward Point System Explained
The reward point system is where the YES First Reserv Credit Card shines. You earn:
- 6 Reward Points for every INR 200 spent on retail categories.
- 1 Reward Point for every INR 200 spent on select categories like Utilities, Telecom, and Insurance.
- For online spends, the reward rate is approximately 3%.
Here’s a detailed breakdown of the reward points:
| Category | Reward Points Earned |
|---|---|
| Retail Spends | 6 RP per INR 200 |
| Utilities, Telecom, Insurance | 1 RP per INR 200 |
| Online Purchases | Approx. 3% |
Travel & Lounge Benefits
Travel enthusiasts will appreciate the lounge access benefits. The YES First Reserv Credit Card offers:
- Unlimited complimentary domestic lounge access for both primary and add-on cardholders.
- Unlimited complimentary international lounge access with Priority Pass, which includes 4 complimentary visits per calendar year for guests.
However, note that lounge access has been reduced from unlimited to limited visits with a quarterly spend requirement. You’ll need to spend at least INR 10,000 quarterly to maintain this benefit.
Milestone Benefits & Fee Waivers
The card also offers attractive milestone benefits:
- 25,000 Bonus Reward Points on annual retail spends of INR 10 Lakhs.
- Additional 15,000 Bonus Reward Points on annual retail spends of INR 20 Lakhs.
- Additional 10,000 Bonus Reward Points on annual retail spends of INR 30 Lakhs.
- 8,000 Reward Points if the renewal fee is paid.
These benefits can significantly enhance your rewards potential, especially if you’re a high spender.
Pros & Cons
| Pros | Cons |
|---|---|
| Low Foreign Currency Markup (1%) | High Interest Rate (45.60% per annum) |
| Complimentary Airport Lounge Access | Cash Advance Fee (2.5% or INR 300, whichever is higher) |
| Travel Insurance Coverage | Late Payment Charges (up to INR 1,200) |
| Golf Privileges | Over-limit Charges (2.5% or INR 500, whichever is higher) |
| Dining Privileges (Up to 20% discount) | Reward points for accelerated plans take up to 3 months to reflect |
| Movie Benefits (BOGO offer on movie tickets) | Lounge access now requires quarterly spends of INR 10,000 |
| 24/7 Global Concierge | Limited international lounge access (only for primary cardholder) |
Who Should Get This Card?
The YES First Reserv Credit Card is ideal for:
- Frequent travelers who value lounge access.
- Online shoppers looking for good rewards on e-commerce platforms like Amazon.in and Flipkart.
- Individuals who can meet the spending requirements for waivers and bonuses.
If you often dine out or enjoy golfing, the additional privileges can also be a significant draw.
Final Conclusion
In our experience, the YES First Reserv Credit Card offers a compelling mix of rewards and benefits, especially for those who travel frequently and shop online. While the high-interest rates and some limitations on lounge access may be drawbacks, the overall value it provides makes it a worthy consideration. If you can manage your spending wisely, this card can be a great addition to your wallet.
For more insights, check out the YES Private Metal Credit Card Review, YES Bank Prosperity Credit Card Review, and YES Bank Elite Plus Credit Card Review.
Ready to apply? Visit the YES Bank official page for more details.
For more information on credit cards, you can also check CardExpert.