Bank of Baroda Eterna Credit Card
The Bank of Baroda Eterna Credit Card is a premium card that comes with several helpful features. As a welcome gift, you get a free FitPass Pro membership and 10,000 bonus reward points. The card provides unlimited free access to domestic airport lounges, complimentary golf lessons, and air accident insurance worth ₹1 crore. It also offers a strong reward program, giving 15 reward points per ₹100 spent on online shopping, travel, dining, and movies. Plus, its 2% foreign currency markup fee is lower than many other premium cards, making it a good choice for frequent travelers.
With an annual fee of ₹2,499, the Eterna card is more affordable than many other high-end credit cards like HDFC Infinia, which costs over ₹10,000. The eligibility criteria are also less strict, making it easier to get. However, while Bank of Baroda Eterna Credit Card offers accelerated reward points on online spending, there is a cap of 5,000 points per month. Apart from rewards, it includes extra perks like cashback, a fuel surcharge waiver, insurance coverage, and add-on card options. Designed for people who spend on lifestyle, shopping, and travel, this card helps you earn rewards every time you swipe.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
Bank of Baroda Eterna Credit Card: Simple Guide to Rewards, Features, Fees & Eligibility
The Bank of Baroda Eterna Credit Card is one of the top premium cards offered by BOBCARD. It gives high reward points, many lifestyle benefits, and a lower annual fee compared to other premium cards in the market. If you spend often on travel, dining, online shopping, or UPI payments, this card can offer great value. Below is a simple and clear explanation of everything you need to know about the Bank of Baroda Eterna Credit Card.
Reward Points on the Bank of Baroda Eterna Credit Card
The rewards program of this card is designed to benefit people who spend regularly on popular categories.
Higher Rewards on Select Categories
You get 15 Reward Points for every ₹100 you spend on online shopping, movies, travel bookings, dining, and international transactions. There is a limit of 5,000 reward points per statement cycle for these high-earning categories.
Regular Reward Points
For all other spending, such as electricity bills, gas bills, water bills, and other general purchases, you earn 3 Reward Points for every ₹100. Fuel transactions do not give any reward points.
How to Use Your Reward Points
Redeeming your reward points is simple:
- You can convert your points into cashback, which reduces your credit card bill.
- You can also use your points to book flights, hotels, movies, or even buy items and recharge your mobile through the BOBCARD rewards portal.
Each Reward Point has a value of ₹0.25, and you need a minimum of 1,000 points to redeem them.
Benefits You Get with the Bank of Baroda Eterna Credit Card
The Eterna Card is packed with lifestyle, travel, dining, and entertainment benefits that make it useful for daily as well as premium spending.
Welcome Benefits
When you get the card, you receive a 6-month FitPass Pro membership, which gives access to more than 2,500 gyms and fitness studios. If you spend ₹50,000 within the first 60 days, you also receive 10,000 reward points.
Milestone Benefit
If your total spending in a year reaches ₹5 lakh, you get an extra 20,000 bonus reward points.
Fee Waiver Benefits
Although the card has an annual fee, you can easily get it waived.
- The joining fee is waived if you spend ₹25,000 within the first 60 days.
- The next year’s annual fee is waived if you spend ₹2.5 lakh in the previous year.
Travel Benefits
The BOBCARD Eterna Credit Card is great for frequent travelers.
- It offers unlimited domestic airport lounge access, which is a major advantage for people who travel often.
- It charges a low foreign currency fee of 2%, which helps you save money when spending abroad.
Dining & Entertainment Benefits
The card also offers good benefits for dining and movies.
- You get access to more than 250 dining offers under Mastercard Priceless Specials.
- You can enjoy a Buy One Get One Free offer on movie tickets booked through the District app, up to ₹250 per month.
Insurance Cover on the Bank of Baroda Eterna Card
The card provides strong insurance protection:
- ₹1 crore air accident insurance cover
- ₹10 lakh accidental death cover for other types of accidents
This makes the card safer, especially for people who travel by air.
Fuel Surcharge Waiver
You get a 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000.
The maximum waiver you can get per statement cycle is ₹250.
Use the Card on UPI with RuPay Variant
The Bank of Baroda Eterna Credit Card is also available on the RuPay network. This allows you to link the card to UPI apps like Google Pay, PhonePe, and Paytm. This means you can make UPI payments with your credit card and still earn reward points, which gives you more flexibility and benefits.
Fees & Charges of the Bank of Baroda Eterna Credit Card
Below are the main charges you should know:
- Joining and Annual Fee: ₹2,499 + GST
- Interest Rate: 3.25% per month (39% yearly)
- Foreign Currency Mark-up: 2%
- Cash Advance Fee: 2.5% of the withdrawal amount (minimum ₹500)
Note: These charges are normal for a premium card, and the reward benefits usually make up for them.
Eligibility for the Bank of Baroda Eterna Credit Card
To apply for this card, you must meet the following conditions:
- You must be a resident of India.
- The main cardholder must be 21 to 65 years old.
- Add-on card users must be at least 18 years old.
- You must have an annual income of ₹12 lakh or more, whether you are salaried or self-employed.
How to Apply for the Bank of Baroda Eterna Credit Card
You can apply for the card both online and offline.
Online Method
- Visit the BOBCARD website.
- Click on Apply Now.
- Fill in your personal details and financial information.
- Upload the required documents.
- Complete verification.
Offline Method
Visit your nearest Bank of Baroda branch with your documents and fill out a physical application form.
Bank of Baroda Eterna Credit Card Review
The Bank of Baroda Eterna Credit Card is a great choice for anyone who wants a premium card without paying a very high annual fee. It offers high reward points, unlimited lounge access, UPI payments through RuPay, a low forex fee, and many dining and entertainment perks. The only thing to note is the cap of 5,000 accelerated reward points per cycle, but overall, the card still provides strong value. If you are looking for a premium, reliable, and reward-friendly credit card, the BOBCARD Eterna is a very good option.
How long are the reward points valid?
Bank of Baroda reward points remain valid for 2 years from the date they are earned and expire afterward.
Is there an EMI facility available with this credit card?
Yes, any transaction above ₹2,500 can be converted into EMIs for 6 or 12 months.
Will GST be refunded if my joining fee is reversed?
No, the GST amount is not included in the fee reversal.
How can I contact customer support for queries related to this Bank of Baroda Eterna Credit Card?
You can send an email to eterna@bobfinancial.com or call at 1800 103 1002.
Can I get a waiver on the first-year joining fee?
Yes, if you spend ₹25,000 in the first 60 days, your joining fee will be returned.
Will the extra fuel charges be removed on card payments?
Yes, you can get up to ₹250 waived per statement cycle for fuel purchases between ₹400 and ₹5,000.
Do I earn reward points on fuel purchases?
No, reward points are not awarded for fuel transactions.
Does the card offer protection against unauthorized transactions?
Yes, but only after reporting the card loss. Any misuse before reporting is the cardholder’s responsibility.
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