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Bank of Baroda CMA One Credit Card

Bank of Baroda CMA One Credit Card is a special credit card made only for ICMAI members. It comes with a very low one-time joining fee of just ₹1 and no annual charges, making it a lifetime free card. Even though it’s almost free, the card offers many useful benefits like a free 6-month FitPass Pro membership worth ₹15,000, bonus Reward Points as a welcome gift, and free access to airport lounges within India. You also get extra features such as free insurance, a lower foreign currency fee, and up to 50 days of interest-free credit.

Along with regular rewards, you can earn 1,000 bonus Reward Points every month and up to 16,000 points every year by reaching certain spending limits. This card is very similar to other profession-based cards offered by Bank of Baroda, such as those for ICAI and ICSI members. The application process is easy, and the card gives great value for money, making it a smart choice for ICMAI professionals looking for simple and rewarding credit card options.

Credit Card Detail
Joining Fee
Rs. 1.00 +GST
Renewal Fee
Rs. 0.00 +GST
Best Suited For
Travel
Reward Type
Reward Points
Welcome Benefits
Get a free 6-month FitPass Pro membership worth ₹15,000 as a welcome gift when you get the card.
Rewards Rate
You earn 1 Reward Point for every ₹100 you spend, and 5 times more points when you pay utility bills, dine out, or shop online.
Reward Redemption
You can use the Reward Points you earn to get cashback or choose from other options. Each point is worth ₹0.25.
Movie & Dining
N/A
Travel
You can enjoy up to 12 free visits to domestic airport lounges each year (3 every quarter) with your card. Plus, you save on international spending with a 2% lower foreign transaction fee.
Golf
N/A
Domestic Lounge Access
You get free access to airport lounges within India three times every three months.
International Lounge Access
N/A
Insurance Benefits
When you get this credit card, you’ll be covered with ₹5 lakh for professional indemnity, ₹5 lakh for accidental death (non-air), and ₹15 lakh for air accident death.
Interest Rates
The interest rate is 3.49% per month, which adds up to about 41.88% in a year.
Spend-Based Waiver
N/A
Rewards Redemption Fee
Nil
Cash Advance Charges
You’ll be charged 2.5% of the amount you withdraw or ₹500, whichever is more.
Foreign Currency Markup
2.00% +GST
Fuel Surcharge
You can save 1% on fuel charges when you pay at any fuel station in India, as long as the amount is between ₹400 and ₹5,000. The maximum you can save is ₹250 per billing cycle.
Card Details
  • 🎁 Welcome Benefits: Get 1,000 bonus Reward Points on your first transaction within 30 days & Free 6-month Fit Pass Pro membership worth ₹15,000.
  • 💳 Reward Points: Earn up to 5 Reward Points for every ₹100 spent (max 1,000 points/month), Earn 4,000 Reward Points every quarter by spending over your credit limit, earn 1 Reward Point for every ₹100 spent (redeemable for cashback; 1 point = ₹0.25).
  • 🛫 Travel Benefits: Free access to domestic airport lounges every year.
  • 🛡️ Insurance Cover: ₹15 lakh air accident death cover, ₹5 lakh non-air accident death cover, ₹5 lakh professional indemnity insurance.
  • Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 (max ₹250 per statement cycle).
  • 👨‍👩‍👧‍👦 Add-On Cards: Get up to 3 free lifetime add-on cards for family members aged 18+.
  • 💸 EMI Option: Convert purchases of ₹2,500 or more into easy EMIs (6 or 12 months).
  • 🔒 Zero Liability Protection: Report loss of card immediately to avoid any misuse.
Frequently Asked Questions

Do I need to show proof of ICMAI membership to get the CMA credit card?

Yes, you need to submit a copy of your ICMAI membership card to apply for the CMA credit card.

Is there any annual or joining fee for the BOB CMA credit card?

There’s no annual fee. You only have to pay a one-time joining fee of just ₹1.

Can I redeem reward points for cashback?

Yes, you can redeem your reward points for cashback. Each point is worth ₹0.25.

What is the interest rate on the CMA credit card?

The interest rate is 3.49% per month on the outstanding balance.

Can I convert my purchases into EMIs?

Yes, you can convert any purchase of ₹2,500 or more into EMIs of 6 or 12 months.

What should I do if my CMA credit card is lost or stolen?

You should report it to the bank immediately to avoid any misuse or fraud.

Do add-on cards have their own credit limit?

No, add-on cards share the same credit limit as the main card. All spending is counted under one limit.

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