Bank of Baroda EMPOWER Credit Card is designed for self-employed individuals and business owners. It offers unlimited reward points on all your spending, along with a joining bonus and annual fee waiver based on your card usage. Below are the details of its features, benefits, fees, and charges.
Bank of Baroda Empower Credit Card Rewards Program
Reward Points
Earn 1 reward point for every Rs. 100 spent on retail purchases
No reward points on fuel transactions
Reward Redemption
Points can be redeemed via the BoB Rewards portal
Can also be redeemed for cashback at 1 reward point = Rs. 0.25
Other Features and Benefits
Joining Benefit:
Earn 500 reward points on spending Rs. 5,000 within 60 days of card issuance
Insurance Benefits:
Air accidental death cover: Rs. 15 lakh
Non-air accidental death cover: Rs. 5 lakh
Annual Fee Waiver:
Annual fee of Rs. 250 is waived on spending Rs. 50,000 in a year
Fuel Surcharge Waiver:
1% waiver on fuel spends between Rs. 400–5,000 (up to Rs. 250/month)
Easy Tracking & Bill Settlement:
Track employee spends easily
All cards billed on the same day for simpler payment
Fees and Charges
Fee Type
Amount Details
Joining Fee
Nil
Annual Fee
Rs. 500
Finance Charges
3.49% per month i.e 41.88% per annum
Late Payment Charges
On Statement Balance of:
Less than Rs. 100: Nil
Rs. 100 to Rs. 500: Rs. 100
Rs. 501 to Rs. 1,000: Rs. 400
Rs. 1,001 to Rs. 10,000: Rs. 750
Rs. 10,001 to Rs. 25,000: Rs. 950
Rs. 25,001 to Rs. 50,000: Rs. 1,100
More than Rs. 50,000: Rs. 1,300
Things to Know Before you apply
Get this card if:
You are self-employed or a business owner looking for a business credit card.
You want to earn unlimited reward points on all your spends.
You want to save on fuel with a surcharge waiver.
You want accidental insurance coverage for peace of mind.
You can meet the annual spending threshold to get the fee waived.
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For Bank of Baroda Empower Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Bank of Baroda Empower Credit Card Hilights
What do we like about this card?
No joining fee
1 reward point for every Rs. 100 spent
Reward points redeemable for cashback
Accidental death cover up to Rs. 15 lakh
1% fuel surcharge waiver on fuel spends
Annual fee waived on meeting spend criteria
Pros
No joining fee
Unlimited reward points on all spends
Reward points redeemable for cashback
Accidental death cover up to Rs. 15 lakh
1% fuel surcharge waiver
Annual fee waiver on meeting spending criteria
Cons
No joining bonus apart from spends-based rewards
Reward points not earned on select MCCs and fuel transactions
Bank of Baroda Credit Card Contact Details
Contact Address: BOB Financial Solutions Ltd. 2nd Floor, Baroda House, Behind Dewan Shopping Centre, S. V. Road, Jogeshwari (West), Mumbai – 400102, Maharashtra, India
Bank of Baroda
Fuel
Insurance Benefits
Reward Points
