Snapdeal Bank of Baroda Credit Card
Card Overview
The Snapdeal Bank of Baroda Credit Card is a special shopping card launched by BOBCARD Limited and Snapdeal. It is mainly made for people who love shopping online, especially on Snapdeal. The card gives 5% rewards on Snapdeal purchases and also offers good rewards on other things like groceries and online spending. With a low joining and annual fee of just Rs. 249, it is a very affordable option. You can also get up to three extra cards for your family without paying anything extra. Whether you are salaried or self-employed, you can apply for this card and enjoy easy shopping benefits.
The rewards you earn with this card are simple to use because they are directly adjusted against your card bill. Although it does not offer many benefits for travel or dining, it is still a great choice if you mainly want to save money on shopping. Along with popular cards like the Flipkart Axis Bank Card and Amazon Pay ICICI Card, the Snapdeal Bank of Baroda Credit Card is now another good option for online shoppers. If you use it smartly, you can easily save a lot throughout the year.
Card Details
- Get a welcome voucher worth up to Rs. 500 on Snapdeal by using the card within 30 days.
- Get 5% cashback in the form of reward points when you shop on Snapdeal.
- Earn 20 reward points per Rs. 100 spent on Snapdeal (equivalent to 5% cashback).
- Earn 10 reward points per Rs. 100 spent on other online shopping, groceries, and departmental/retail stores.
- Earn 4 reward points per Rs. 100 spent on all other purchases.
- Reward points are auto credited as cashback in the statement (1 point = Rs. 0.25).
- Enjoy 1% fuel surcharge waiver up to Rs. 250 per month (for transactions between Rs. 400 and Rs. 5,000).
- Break your payment into easy EMIs of 6 to 36 months for purchases over ₹2,500.
- You can get three free extra cards for your family members who are 18 or older.
- Benefit from zero liability protection in case of lost or stolen card.
- You can use your card without paying any interest for up to 50 days from the date you make a purchase.
Features & Benefits
Snapdeal BOBCARD Credit Card – Features, Benefits, Fees
The Snapdeal BOBCARD Credit Card is a co-branded shopping credit card designed for users who frequently shop online, especially on Snapdeal. It offers reward points, cashback-style savings, fuel benefits, and low annual fees, making it suitable for budget-conscious Indian customers.
This card is mainly focused on e-commerce shopping and daily retail expenses, rather than premium travel or lifestyle benefits.
What is Snapdeal BOBCARD Credit Card?
The Snapdeal BOBCARD Credit Card is issued by BOBCARD in partnership with Snapdeal. It helps users earn rewards on every purchase, especially online shopping.
In simple terms, this card is designed for:
- Online shoppers
- Grocery buyers
- Everyday retail users
It is a value-for-money credit card for middle-income users in India who want to save on regular spending.
Key Features of Snapdeal BOBCARD Credit Card
- High rewards on Snapdeal shopping
- Cashback-style benefits on groceries and online spends
- Fuel surcharge waiver
- Low joining and annual fee
- Automatic reward redemption system
- Fraud protection (zero liability on lost/stolen card)
Welcome Benefit (Sign-Up Offer)
New cardholders get a simple welcome reward:
- Earn 500 Reward Points
- Condition: Spend ₹5,000 within first 30 days
This benefit is useful for users who start using the card immediately after approval.
Fuel Surcharge Waiver Benefit
- 1% fuel surcharge waiver
- Applicable on transactions between ₹400 and ₹5,000
- Maximum benefit: ₹250 per month
This helps reduce fuel expenses slightly every month.
Snapdeal BOBCARD Rewards Program
The reward system is the most important feature of this card. Users earn points on every transaction.
Reward Structure
- Snapdeal shopping: 5% cashback (20 points per ₹100)
- Groceries, departmental stores & online spends: 2.5% cashback (10 points per ₹100)
- Other retail spending: 4 points per ₹100
Monthly Limit
- Grocery & online shopping rewards capped at 2,000 points per month
Real-Life Example (How You Save Money)
Let’s understand with a simple example:
Rahul spends every month:
- ₹4,000 on Snapdeal shopping
- ₹5,000 on groceries
- ₹2,000 on fuel
Benefits he gets:
- High reward points from Snapdeal purchases
- Cashback-style savings on grocery spending
- Fuel surcharge savings on petrol
Result: Rahul reduces his monthly expenses through reward points and fee savings, making his shopping more budget-friendly.
Reward Redemption Process
This card has a very simple redemption system.
- Reward points are automatically adjusted
- No manual redemption required
- 1 Reward Point = ₹0.25 value
- Adjusted directly in credit card bill
Fees and Charges
| Type of Charge | Details |
|---|---|
| Joining Fee | ₹249 + GST |
| Annual Fee | ₹249 + GST |
| Interest Rate | 3.6% per month |
| Foreign Currency Markup | 3.5% |
| Cash Withdrawal Fee | 2.5% (min ₹500) |
| Add-on Cards | Up to 3 free cards |
Eligibility Criteria
To apply for the Snapdeal BOBCARD Credit Card, you must meet these conditions:
- Age: 21 to 65 years (primary cardholder)
- Add-on cardholder: 18+ years
- Minimum income: Salaried: ₹3.6 lakh per year & Self-employed: ₹4.8 lakh per year
- Good credit score and repayment history required
How to Apply for Snapdeal BOBCARD Credit Card
- Visit official application page
- Click on “Apply Now”
- Enter personal and income details
- Complete KYC verification
- Submit application
Who Should Get This Credit Card?
- Frequent Snapdeal shoppers
- Users who shop online regularly
- People looking for low annual fee credit cards
- Individuals who want simple cashback rewards
Not suitable for:
- Frequent international travelers
- Users seeking premium lifestyle benefits
- People wanting airport lounge access
Advantages of Snapdeal BOBCARD Credit Card
- Low annual fee credit card
- Strong rewards on online shopping
- Easy reward redemption
- Fuel surcharge savings
- Suitable for everyday Indian expenses
Limitations of This Credit Card
- Limited travel benefits
- No premium lifestyle perks
- Reward caps on certain categories
- Best only for shopping-focused users
Snapdeal BOBCARD Credit Card Review
The Snapdeal BOBCARD Credit Card is a budget-friendly shopping credit card in India designed for users who want to save money on online shopping and daily expenses. If you are someone who shops regularly on Snapdeal and wants simple cashback benefits without complex reward systems, this card can be a good value option.
However, if you want premium benefits like travel perks, lounge access, or luxury rewards, then other credit cards may be more suitable.
Reality Check Feedback
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.
- How do I use the reward points I earned with my Snapdeal Bank of Baroda Credit Card?
Reward points can be redeemed via vouchers or by converting them into cashback, which will be automatically credited to your card's monthly statement.
- What reward rate is offered for purchases outside Snapdeal's website/app?
For purchases like groceries, departmental stores, and online shopping, you earn 2.5% rewards. For other retail spending, you earn 4 reward points for every Rs. 100 spent.
- Can I use the Snapdeal Bank of Baroda Credit Card for peer-to-peer payments?
No, you can’t use the Snapdeal Bank of Baroda Credit Card to send money directly to another person, because credit cards usually don’t support this feature.
- Is the Snapdeal Bank of Baroda Credit Card free for life?
No, the Snapdeal Bank of Baroda Credit Card does not come with a lifetime free offer. It costs ₹249 per year.
- How can I apply for the Snapdeal Bank of Baroda Credit Card?
You can apply online by completing the form and the video KYC process. Alternatively, you can also apply by visiting your nearest Bank of Baroda branch.
- Is the EMI option for purchases above Rs. 2,500 only available on Snapdeal?
You can use the EMI option for any purchase above ₹2,500—not just on Snapdeal—and you can choose to pay it back over 6 to 36 months.
- Is the Snapdeal Bank of Baroda Credit Card a travel-focused card?
The Snapdeal Bank of Baroda Credit Card is mainly meant for shopping While it offers a fuel surcharge waiver, it does not provide travel-related rewards like air miles or discounts on bookings.
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