YES Bank RESERV Credit Card (formerly First Exclusive): Fees, Rewards & Real Value

Affiliate disclosure. CreditSmart may earn a referral commission when readers apply through links on this page. Our editorial ratings, comparisons, and analysis stay independent of any commercial relationship — see our editorial policy and research methodology.
Note: The YES FIRST Exclusive has been rebranded as the YES RESERV Credit Card. This review covers the current card under both names.
Verified against YES Bank (June 2026): Super-premium card (YES FIRST Exclusive → now YES RESERV). 4X rewards on online, 2X on offline; 6 reward points per ₹200 on select categories, including usually-excluded ones like insurance & utilities. Low 1.75% forex markup. Up to 6 international + 12 domestic lounge visits/year. Fee ₹2,499 + GST (joining waived on ₹40,000 spend in 30 days; annual waived on ₹3 lakh annual spend). Min income ₹2 lakh/month (salaried). Confirm terms on yes.bank.in before applying.

YES FIRST Exclusive Credit Card Review (now YES RESERV)

YES Bank · Super-premium rewards & travel · Visa
Our score: 7.5 / 10
4X online
1.75% forex
6 intl + 12 domestic lounges
Fee waivable

The YES FIRST Exclusive — now rebranded YES RESERV — is a super-premium card with strong online rewards, generous lounge access and a low forex markup. Here is the verified review.

TL;DR: A super-premium card (₹2,499, waived at ₹3 lakh spend) earning 4X on online and 2X on offline, with 6 points per ₹200 on select categories (including insurance/utilities), a low 1.75% forex markup, and up to 6 international + 12 domestic lounge visits a year. Strong for higher-income online spenders and travellers; now marketed as YES RESERV.
What we like
  • 4X on online spends; rewards even on insurance/utilities
  • Low 1.75% forex markup
  • Up to 6 international + 12 domestic lounge visits/year
  • Fee waived on ₹3 lakh annual spend
  • Earns on usually-excluded categories
Watch out for
  • High income bar (₹2 lakh/month salaried)
  • 2X offline base is moderate
  • Reward value depends on redemption
  • Now branded YES RESERV (name change)
  • Reward caps may apply

Fees & rewards

ItemDetail
Fee₹2,499 + GST (joining waived ₹40k/30 days; annual waived ₹3L/year)
Online4X rewards
Offline2X rewards
Select categories6 RP per ₹200 (incl. insurance/utilities)
Forex markup1.75%
LoungeUp to 6 international + 12 domestic/year

Eligibility & documents

Income

₹2 lakh/month (salaried)

Forex

1.75% markup

Network

Visa

Current name

YES RESERV

Best for

High-income online spenders/travellers

Documents

PAN, Aadhaar, income & address proof

Who this card is for

  • Best fit: higher-income online spenders and travellers who want lounges + low forex.
  • Skip if: you don’t meet the income bar or want a low-fee everyday card.

How to apply & how to cancel

Apply: via yes.bank.in (now the YES RESERV card). Cancel: call YES Bank after clearing dues; redeem points first.

Final verdict

The YES FIRST Exclusive (now YES RESERV) is a capable super-premium card — 4X online, low 1.75% forex and generous lounges, with the fee easily waived at ₹3 lakh spend. It suits higher-income online spenders and travellers; just note the rebrand to YES RESERV.

Frequently asked questions

Is this the same as YES RESERV?

Yes — the YES FIRST Exclusive has been rebranded as the YES RESERV Credit Card.

How rewarding is it?

4X on online, 2X on offline, and 6 reward points per ₹200 on select categories including insurance and utilities.

What’s the forex markup?

A low 1.75%.

How much lounge access?

Up to 6 international and 12 domestic lounge visits a year.

Data current as of June 2026, cross-checked against YES Bank and aggregators. Now branded YES RESERV — confirm current terms on yes.bank.in before applying.

Leave a Reply

Share your experience with the YES Bank RESERV Credit Card (formerly First Exclusive)

Real cardholder stories help everyone make smarter choices. Tell us about:

  • Approval timeline and credit-line you got
  • Reward redemption — did the math match the marketing?
  • Customer service or app experience
  • Hidden charges, fee waiver triggers that worked or didn't

No login required. Comments are moderated; spam is filtered automatically.

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