Bank of Baroda offers credit cards that are smart choices for your money. You can pick a card that suits your needs, like getting cash back, earning rewards, or enjoying travel and shopping perks.
These cards work in India and other countries, making them super handy. You can earn rewards from your purchases, like discounts or cool stuff.
They even give you extra cards for family members, and sometimes, you won’t have to pay an annual fee if you’re responsible with your spending.
Plus, there are special deals on fuel, travel, and shopping, making these cards even better. They’re also safe, and if you ever need help, you can call them anytime. It’s a great way to manage your money!
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BOB active credit card Users
Picking the right Bank of Baroda (BOB) credit card is like choosing a flavor of ice cream – it should match your taste! Think about what you spend your money on. Do you like getting rewards, cashback, or maybe travel perks?
Look at the yearly fees to make sure they fit your budget. Check out all the BOB credit cards and find the one that’s the perfect match for you, just like your favorite ice cream flavor!
- Bank of Baroda Prime Credit Card (Cashback Card):
- Key Highlights: Offers cashback on various spending categories.
- Annual Fee: Nil
- Features: 1% cashback on all spends, fuel surcharge waiver, and no joining or annual fees.
- Bank of Baroda Eterna Credit Card (Premium Card):
- Key Highlights: Targeted at premium customers, offering a range of benefits.
- Annual Fee: Nil
- Features: Complimentary airport lounge access, milestone benefits, dining and shopping discounts, and no annual fee.
- Bank of Baroda Easy Credit Card (Basic Card):
- Key Highlights: A simple and easy-to-maintain credit card.
- Annual Fee: Nil
- Features: No annual fee, easy documentation, and suitable for entry-level users.
- Bank of Baroda Select Credit Card (Shopping Card):
- Key Highlights: Designed for shopping enthusiasts.
- Annual Fee: Nil
- Features: Offers reward points for shopping, discounts on partner brands, and easy EMI options.
- Bank of Baroda Premier Credit Card (Travel Card):
- Key Highlights: Geared towards travelers.
- Annual Fee: Nil
- Features: Airport lounge access, travel benefits, and discounts on airfare and hotels.
- Bank of Baroda Assure Credit Card (Fuel Card):
- Key Highlights: Focused on fuel-related benefits.
- Annual Fee: Nil
- Features: Fuel surcharge waiver, cashback on fuel spends, and insurance coverage.
- Bank of Baroda Elite Credit Card (Premium Card):
- Key Highlights: Targeted at premium customers with high spending.
- Annual Fee: Moderate
- Features: Airport lounge access, reward points, milestone benefits, and dining discounts.
Bank of Baroda (BOB) credit cards offer an array of benefits and features. They are globally accepted, usable at over a million ATMs worldwide. The 24×7 customer care service ensures round-the-clock support for cardholders.
Card users accrue loyalty points with each transaction. BOB credit cards often come with the option of free add-on cards, extending benefits to family members.
The bank waives annual fees for responsible users who meet specific spending criteria.
Exclusive perks like fuel surcharge waivers, air ticket discounts, and dining privileges enhance the cardholder experience. Security is paramount with embedded chips protecting against fraud.
BOB’s “Prime Credit Card” offers cashback, no joining or annual fees, and guaranteed issuance against a fixed deposit of INR 15,000 or more, making it a cost-effective choice.
Pros
Cons
- Reward Points: Earn redeemable reward points on purchases.
- Add-On Cards: Free supplementary cards for family members.
- Annual Fee Waiver: Possible by meeting spending criteria.
- Global Acceptance: Widely usable internationally.
- Exclusive Offers: Discounts on fuel, airfare, hotels, and more.
- 24/7 Customer Support: Always available assistance.
- Security Chip: Enhanced protection against fraud.
- Annual Fees: Some cards may have fees.
- Interest Charges: Accrue if carrying a balance.
- Credit Score Impact: Mismanagement can harm credit.
- Foreign Transaction Fees: Charges for international use.
- Minimum Payment Required: Missing can result in penalties.
- Overspending Risk: May encourage excessive spending.
| Fees and Charges | Details and Amounts |
|---|---|
| Joining Fees & Annual Fees | Varies depending on the card. Communicated to applicants at the time of applying. |
| Cash Withdrawal/Advance Fees | Transaction fee for cash withdrawals. Additional service charges for cash withdrawals. |
| Service Charges | Monthly service charges based on outstanding balance. May vary as per company discretion. |
| Interest Free Period | 20 to 50 days, depending on the transaction date. |
| Minimum Repayment | 5% of the outstanding balance or Rs. 100, whichever is higher. May vary for irregular payments. |
| Cash Withdrawal Charges | Domestic ATMs: 2.5% (min Rs. 200). International ATMs: 3% (min Rs. 250). |
| Other Charges | Includes duplicate bill fee, surcharge at petrol outlets, cheque return charges, GST (Goods & Service Tax), exceeding credit limit charges, card replacement charges, charge slip retrieval charges, foreign currency transaction fee, limit enhancement fee, de-blocking charges, late payment charges. |
| Interest Free Grace Period | Ranges from 20 to 50 days depending on transaction date. |
| Computation of Service Charges | Monthly service charges based on reducing balance method. |
| Computation of Exceeding Limit Charges | 1% over and above the sanctioned credit limit, or on the total outstanding in case of cancelled cards. |
To be eligible for a Bank of Baroda (BOB) credit card, applicants must meet specific criteria tailored to ensure responsible usage and financial stability.
Age plays a key role, with applicants typically required to be between 18 and 65 years of age, aligning with responsible credit card usage.
Income criteria are also a fundamental factor in eligibility. The income level an applicant needs to meet varies depending on the specific BOB credit card they choose.
This requirement helps ensure that applicants have the financial capacity to manage their chosen credit card effectively.
Bank of Baroda offers a Corporate Premium Credit Card tailored for businesses. To be eligible for this specific card, applicants should be a Limited or Partnership firm or a Government company.
These entities are required to have a paid-up capital of at least Rs. 25 Lakhs, and their Net Worth should be a minimum of Rs. 50 Lakhs. They need to possess a credit facility of at least Rs. 1 crore and maintain a BOB rating of 6 and above.
Applicants who already have banking relations with Bank of Baroda may receive preferential treatment during the credit card application process, highlighting the bank’s commitment to rewarding existing customers.
These eligibility criteria serve as a foundation for ensuring responsible credit card usage and aligning applicants with the most suitable BOB credit card options.
- Visit the official Bank of Baroda website.
- Browse through the various credit card options to find one that suits your needs.
- Click on the specific credit card you’re interested in to learn more about its features, benefits, and eligibility criteria.
- Review the eligibility requirements, which may include factors such as age, income, and credit score.
- Click on the “Apply Now” or “Apply Online” button for your chosen credit card.
- Fill out the online application form with your personal and financial details.
- Upload any required documents, such as identity proof, address proof, and income documents.
- Review the information you’ve provided for accuracy and completeness.
- Submit the application.
- After submission, you will receive a confirmation message and an application reference number.
- Bank of Baroda will process your application and may contact you for further verification if needed.
- If approved, your credit card will be sent to your mailing address.
| Bank of Baroda Card Variant | Joining Fee | Annual Fee |
|---|---|---|
| BOB ICAI Exclusive Credit Card | Nil | Nil |
| BOB ICSI Diamond Credit Card | Nil | Nil |
| BOB CMA One Credit Card | Nil | Nil |
| BOB Assure Credit Card | Nil | Rs.500 |
| BOB Titanium Master Credit Card | Rs.250 | Rs.500 |
| BOBCARD Easy Credit Card | Rs.500 | Rs.500 |
| Co-Branded Card (BOBCARD Bombay Bullion) | Rs.500 | Rs.1,000 |
| BOB Elite Platinum Visa Credit Card | Rs.500 | Rs.1,000 |
| BOB Signature Visa Credit Card | Rs.500 | Rs.1,000 |
| BOB SELECT Credit Card | Rs.750 | Rs.750 |
| BOB Premier Credit Card | Rs.1,000 | Rs.1,000 |
| BOB Paytm Credit Card | Rs.2,000 | Rs.2,000 |
Bank of Baroda (BOB), established in 1908 by Maharaja Sayajirao Gaekwad III in Vadodara, Gujarat, is one of India’s oldest and largest public sector banks.
What began as a modest regional institution has grown into an international bank with a global presence, offering a wide array of banking and financial services to individuals, businesses, and government entities.
On the other hand, the Reserve Bank of India (RBI), India’s central banking institution, was founded on April 1, 1935, under the Reserve Bank of India Act, 1934.
The RBI, which was nationalized in 1949, plays a pivotal role in maintaining the stability of the Indian economy and overseeing the nation’s banking and financial systems.
Which card is best of Bob?
The best BOB credit card depends on your financial needs and spending habits. BOB offers a range of cards, including those with cashback, rewards, and specific benefits like travel or fuel savings. To determine the best card for you, consider what type of rewards or benefits align with your preferences and compare the annual fees. Each card has its unique features, so it’s essential to choose one that suits your financial goals.
Who is eligible for a credit card from BOB?
Eligibility criteria for a BOB credit card may vary based on the specific card and the bank’s policies. In general, applicants need to be between 18 and 65 years of age. Income criteria vary depending on the card chosen. For corporate credit cards, the applicant must be a Limited or Partnership firm, Government company, with specific capital and credit facility requirements. Existing banking relations with BOB can also be advantageous during the application process.
What are the charges of a BOB credit card?
The charges associated with a BOB credit card include annual fees, joining fees (if applicable), cash withdrawal fees, late payment fees, and charges for services like duplicate bills, charge slip retrieval, and more. The specific charges depend on the type of card and individual transactions. It’s important to review the terms and conditions and the bank’s official website for the most up-to-date and detailed information regarding charges.
What is the interest rate on the BOB Easy Credit Card?
The interest rate on the BOB Easy Credit Card, or any BOB credit card, can vary and is typically charged as finance charges on the outstanding balance when you do not pay your credit card bill in full. The specific interest rate may change over time, and it’s recommended to refer to the bank’s official website or contact BOB directly for the most current information on interest rates associated with the BOB Easy Credit Card.
Hey, I’m Ratiranjan Singha, the Creator of Myworldstuffs.com. I Offer in-Depth Articles and Guides that Help you to Understand Various Financial Concepts.
