A reflective liquid crystal display device includes: first to fourth substrates spaced apart from and parallel to each other; a first stack including a first pixel electrode, a first alignment layer, a first common electrode, a second alignment layer and a first cholesteric liquid crystal layer between the first and second alignment layers; a second stack including a second pixel electrode, a third alignment layer, a second common electrode, a fourth alignment layer and a second cholesteric liquid crystal layer between the third and fourth alignment layers; a third stack including a third pixel electrode, a fifth alignment layer, a third common electrode, a sixth alignment layer and a third cholesteric liquid crystal layer between the fifth and sixth alignment layers; and a fourth stack including a first mode electrode, an ion storing layer, an electrolyte layer, an electrochromic layer and a second mode electrode sequentially on the first substrate.