YES Bank RESERV Credit Card

0

8,000 bonus reward points when the renewal fee is charged, from the second year onwards.

Joining fee

₹2,499 plus applicable taxes

Annual / renewal fee

₹2,499 plus applicable taxes

Annual fee waiver

Spending ₹40,000 within one month of card issuance waives the first-year fee. Spending ₹3,00,000 in a card anniversary year waives the following year’s renewal fee.

Interest rate

2.99% per month (35.88% per annum) on revolving credit, cash advances and overdue amounts

Interest-free period

50 days

Cash advance fee

2.5% of the amount withdrawn or ₹500, whichever is higher

Overlimit fee

Not applicable. YES Bank discontinued the overlimit facility with effect from 1 May 2025; transactions above the sanctioned limit are declined instead of being charged.

Payment dishonour

₹450 per returned cheque. Auto-debit failure is charged at 2% or ₹450, whichever is higher, capped at ₹1,500 per customer per statement.

Forex markup

1.75% on foreign currency conversion

DCC markup

1%

Reward redemption

₹0 per redemption

Fuel surcharge

1% waiver, on ₹400–₹5000 txns, max ₹500/cycle

Duplicate card

₹100

Income (salaried)

Net salary of ₹2,00,000 a month, or an income tax return of ₹18,00,000 and above

Income (self-employed)

₹18L/year

• Was RESERV known by another name?
• What interest rate applies on RESERV?
• Does a redemption fee apply?