BOBCARD Premier Credit Card
Card Overview
The Bank of Baroda Premier Credit Card, issued by BoB Financial, comes with several benefits and is currently available as a lifetime free card for a limited time. You usually need to pay ₹1,000 as a joining and yearly fee for this card. You can get up to 10 reward points for every ₹100 you spend on dining, travel, and international shopping. For all other purchases, you’ll earn 2 points for every ₹100 spent. These points can be used for rewards like cash credit. The card also gives free access to select airport lounges in India.
Apart from travel perks, the card offers a fuel surcharge waiver and personal accident insurance. It can also be linked to UPI apps like Google Pay and PhonePe for easy payments. With 5X reward points on travel, dining, and international spending, this card is a great choice for frequent travelers. The extra rewards and free lounge access make it valuable, especially for those who travel often. It also comes with a good reward rate and lifestyle benefits.
Card Details
- Earn Reward Points: Get 1 point per ₹100 spent and up to 5X points on travel, dining, and international spends, redeemable for cashback, gift vouchers, and more.
- Enjoy Airport Lounge Access across over 35 lounges in 22 Indian cities, including select domestic airport lounges.
- Convert purchases above ₹2,500 into easy EMIs for 6 or 12 months.
- Get Joining Fee Refund by spending ₹10,000 in the first 60 days and Annual Fee Waiver by spending ₹1.2 lakh per year.
- Benefit from up to 50 days interest-free credit period by paying only the minimum due and carrying forward the balance.
- Receive Personal Accident Insurance coverage on eligible card usage.
- Save on fuel with a 1% fuel surcharge waiver.
- Add up to 3 free add-on cards for family members aged 18+ with no lifetime fee.
- Access 24/7 concierge services for travel bookings and reservations.
- Stay protected with lost card liability cover, if reported within 24 hours of loss.
Features & Benefits
BOBCARD Premier Credit Card – Main Features, Rewards & Advantages
The BOBCARD Premier Credit Card is a reward-based travel credit card designed for users in India who want savings on travel, dining, shopping, and international spending. It is suitable for beginners as well as frequent travellers who want simple rewards and basic lifestyle benefits.
What is BOBCARD Premier Credit Card?
The BOBCARD Premier Credit Card is issued by BOBCARD and works on both Visa/Mastercard and RuPay platform (in select variants). It gives users reward points on daily spending and extra rewards on travel-related expenses.
This card is mainly made for people who are looking for:
- Simple reward points system
- Basic airport lounge access
- Easy fee savings and EMI options
It is not a premium luxury card, but a balanced everyday credit card for Indian users.
Simple Rewards System (Easy to Understand)
The reward system is one of the most important parts of this card. You earn points based on where you spend money.
- You earn 10 reward points for every ₹100 spent (which is 5 times more rewards) on travel, dining, and international purchases
- You get 2 reward points per ₹100 on other eligible spends
- Extra rewards are limited to 2,000 points per month
- Reward value: 1 point = ₹0.25
It means that the more you spend on travel or food, the quicker you collect rewards.
Reward Points Table
| Spending Category | Reward Points | Value Benefit |
|---|---|---|
| Travel, Dining, International | 10 points per ₹100 | High rewards (5X) |
| Other eligible spends | 2 points per ₹100 | Standard rewards |
| Fuel, utilities, telecom | No rewards | Not applicable |
| Redemption value | 1 point = ₹0.25 | Cashback or vouchers |
Key Benefits of BOBCARD Premier Credit Card
- Welcome Bonus: Get 500 reward points after spending ₹5,000 in first 60 days
- You get one free visit to a domestic airport lounge every three months
- Fuel Savings: Get 1% fuel surcharge waiver
- You can turn purchases above ₹2,500 into easy monthly installments and pay over 6 or 12 months
- Add-on Cards: Up to 3 free add-on cards for family members
Real Life Example
Let’s see how this card is used in everyday life.
Suppose a user in Gurgaon spends ₹10,000 on flight tickets, ₹5,000 on dining, and ₹8,000 on shopping.
On travel and dining, the user gets 5X reward points, so he earns much faster rewards compared to normal cards.
In one month, this user can easily collect enough points to redeem flight discounts, movie vouchers, or Amazon/Flipkart gift cards. This makes the card useful for middle-class Indian users who travel occasionally and eat out on weekends.
How Rewards Help in Daily Life
The biggest advantage of this card is simple usage. You do not need complex calculations. Every time you spend on travel or dining, you get more value back.
For example, if you spend ₹20,000 on travel in a month, you earn much higher reward points compared to normal spending cards. These points can later reduce your travel cost or shopping bills.
Extra Features and Fee Benefits
- Spend ₹10,000 in first 60 days → get joining fee refund
- Spend ₹1.2 lakh per year → annual fee waiver
- UPI support via RuPay variant for digital payments
These features make it practical for everyday Indian usage, especially for people using UPI and online payments regularly.
Why This Card is Useful in India
The BOBCARD Premier Credit Card works well for Indian users who travel once or twice a year, spend on food delivery, restaurants, and shopping, and prefer simple reward systems instead of complex offers.
It is also good for people who prefer an easy-to-use credit card with simple travel benefits and no extra hassle.
BOBCARD Premier Credit Card Review
The BOBCARD Premier Credit Card is a simple and useful entry-level travel credit card in India. It offers 5X rewards on travel and dining, lounge access, EMI conversion, and fuel savings, making it a good option for everyday use.
If you are looking for a budget-friendly credit card with basic travel benefits and easy rewards, this card can be a practical choice for your financial needs.
Pros/Cons
Reality Check Feedback
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
- Can I earn reward points on international spending?
Yes, you will earn 5X reward points for every ₹100 you spend on international purchases. This means if you use your card for shopping, travel, or any other expenses abroad, you will get five times more reward points compared to regular spending.
- Who can get the joining/annual fee waived?
The fee waiver is only available to cardholders with a good payment history. If you miss payments or default on your credit card bill, you may not be eligible for this benefit.
- Can I carry forward my balance instead of paying in full?
Yes, with this card, you can pay just the minimum amount now and carry the rest of the bill to the next month. However, interest charges will apply until you clear the full amount.
- How do I apply for this credit card through SMS?
To apply, simply type ‘Apply’ and send it to 9223990624. You will get a response from the bank with further steps.
- Do I need to pay extra for add-on credit cards?
No, you can get supplementary credit cards for family members at no extra cost. These add-on cards come with the same benefits as the main card.
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