Bank of Baroda Premier Credit Card, offered by BOB Financial Solutions Limited (formerly BOBcards Limited), is designed for frequent shoppers seeking a rewarding credit experience. This card combines attractive rewards with carefully curated benefits, all at a minimal annual fee. Ideal for those who spend regularly on shopping and lifestyle expenses, it provides points on every purchase along with additional perks to enhance your financial convenience and lifestyle privileges. Here’s a closer look at the features and benefits of the BoB Premier Credit Card.
Bank of Baroda Premier Credit Card Rewards Program
Rewards Benefits
Earning Rate: Earn 10 Reward Points (5X) for every ₹100 spent on travel, dining, and foreign transactions. For all other eligible spends (except fuel, utilities, and telecom), earn 2 Reward Points per ₹100.
Reward Cap: The 5X Reward Points are capped at 2,000 points per month for travel, dining, and foreign spends.
Reward Redemption: Points can be redeemed for flights, hotel bookings, shopping, products, and gift vouchers.
Value: 1 Reward Point = ₹0.25.
Other Features and Benefits
Welcome Benefits: Earn 500 bonus Reward Points (worth ₹125) on spending ₹5,000 or more within 60 days of card issuance.
Travel Benefits: Complimentary domestic airport lounge access once every quarter at select airports in India.
Fuel Surcharge Waiver: 1% waiver on fuel transactions between ₹400 and ₹5,000 at all fuel stations in India, capped at ₹250 per month.
Insurance Benefits: Personal accident death cover up to ₹10 lakh and zero liability protection in case of card loss or theft.
Add-on Cards: Up to 3 free add-on cards for family members.
RuPay Variant: Can be linked to UPI applications for convenient digital payments.
Fees and Charges
Fee Type
Amount
First-year fee
Rs.1,000
Annual fee
Rs.1,000
Cash withdrawal fee (Domestic ATMs)
2.5% of the transaction amount subject to a minimum of Rs.300
Cash withdrawal fee (International ATMs)
3.0% of the transaction amount subject to a minimum of Rs.300
Finance charges or interest
3.25% per month or 39% per annum
Duplicate bill fee
Rs.25 per request
Cheque return charges
2% of the cheque amount or Rs.300 whichever is higher
Over limit charges
1% if the usage exceeds the sanctioned credit limit per month
Card replacement charges
Rs.100 per request
Foreign currency transaction fee
3.5% of the transaction amount
Charge slip retrieval charges
Rs.250 per slip
Card de-blocking charges
Rs.300 per instance
Late payment charges
< Rs.200 - NIL
Rs.201 to Rs.500 - Rs.100
Rs.501 to Rs.1,000 - Rs.400
Rs.1,001 to Rs.10,000 - Rs.500
More than 10,001 - Rs.750
Things to Know Before you apply
Get this card if:
You are a frequent shopper and want accelerated rewards on dining, travel, and international spends.
You want complimentary domestic airport lounge access.
You are looking for a lifetime-free credit card with insurance benefits.
You want to save on fuel with a surcharge waiver.
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 Premier 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 Premier Credit Card Hilights
What do we like about this card?
Earn 2 Reward Points for every ₹100 spent on all categories.
Earn 5X Reward Points on dining, travel, and international transactions.
Complimentary Domestic Lounge Access at selected airports.
Insurance Coverage: Personal accident death cover included.
Fuel Surcharge Waiver: 1% waiver on fuel transactions across India.
Pros
Lifetime-free credit card with a decent reward rate.
Complimentary domestic airport lounge access.
Opportunity to benefit from various BOBCARD credit card offers.
Cons
3.5% Forex markup fee on international transactions.
5X Reward Points are capped at 2,000 points per month.
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
Airport Lounge Access
Fuel
Reward Points
