A reflective type liquid crystal display device includes: first and second substrates facing each other and having a transmissive portion and a reflective portion; a first polarizing plate on an outer surface of the first substrate; a transparent electrode over an inner surface of the first substrate; a reflective electrode having an open portion corresponding to the transmissive portion; a retardation film on an outer surface of the second substrate, the retardation film including a first portion having a first retardation value and a second portion having a second retardation value different from the first retardation value; a second polarizing plate on the retardation film; a common electrode on an inner surface of the second substrate; and a liquid crystal layer between the first and second substrates.