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BOBCARD Premier Credit Card

Bank of Baroda |
Lifestyle Lounge Access Rewards RuPay Travel

Annual Fee

FREE

Rewards/₹100 ⓘ

₹0.50 - ₹2.50

Normalized to balance base rate with bonus categories

Interest Rate

41.88%

Credit Score

700+

At a Glance

Key Benefits

5X rewards on travel/dining/international, 16,000 bonus points annually, Rs.50L air accident insurance, fuel waiver

Lounge Access

1 complimentary domestic airport lounge visit per quarter (requires Rs.20,000 quarterly spend)

Eligibility

Age 21-65, Min income Rs.7.2 lakh p.a., CIBIL 700+, Resident Indians (Salaried/Self-employed)

Quick Details

Annual Fee
FREE #1
Joining Fee
FREE #1
Interest Rate
41.88% p.a. #88
Forex Markup
3.50% #75
Rewards/₹100
₹0.50 - ₹2.50 #114
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
1/year #120
Min Credit Score
700+ #54
Min Monthly Income ₹50
Network RUPAY
Card Replacement Fee 100
Late Payment Fee ₹100
Cash Advance Fee ₹300 2.50% (min ₹300)
Card Replacement Fee ₹100
Over Limit Fee ₹600 2.50% (min ₹600)
Fee Waiver on Spend ₹1,20,000/yr

Reward Structure

Accel

Travel Bookings

₹2.50 /₹100
Accel

Dining & Restaurants

₹2.50 /₹100
Accel

International Spends

₹2.50 /₹100
Base

All Other Spends

₹0.50 /₹100
Partner

Fuel Transactions

₹0.00 /₹100

Reward Calculator

₹
Allocate by Category100%
Travel Bookings
10.0 pts
35%₹17,500
Dining & Restaurants
10.0 pts
25%₹12,500
International Spends
10.0 pts
20%₹10,000
Fuel Transactions
0.0 pts
12%₹6,000
Other Spends
2.0 pts
8%₹4,000
Your Rewards
Points Earned680
Cash Value₹170
Breakdown
Travel Bookings200
Dining & Restaurants200
International Spends200
Fuel Transactions0
Other Spends80
Total Value₹170
Quick amounts:

Milestone Benefits

Welcome Bonus

500 reward points (worth Rs.125) on spending Rs.5,000 within first 60 days

Spend ₹5,000 within 60 days

₹125

value

Annual Benefit

Annual fee waiver on spending Rs.1.2 lakh in card anniversary year

Spend ₹1,20,000 within 365 days

₹1,000

value

Annual Benefit

16,000 bonus reward points (worth Rs.4,000) per year on reaching annual spend milestone

₹4,000

value

Airport Lounge Access

Domestic Free
1

visits per quarter

Requires Rs.20,000 spend in preceding calendar quarter (effective from Jan 1, 2025)

Insurance Coverage

Air Accident

₹50,00,000

Rs.50 lakh air accidental death insurance coverage

Personal Accident

₹10,00,000

Rs.10 lakh non-air accidental death insurance coverage

Lost Card

₹1,00,000

Zero lost card liability protection for fraudulent transactions after reporting

Lifestyle Perks

Fuel

1 /month

1% fuel surcharge waiver on transactions between Rs.400-Rs.5,000 (max Rs.250 per statement cycle)

Emi

EMI conversion available on purchases for 3 to 24 months tenure

Contactless

Tap & Pay contactless payment support for quick transactions

Cashback

1

Redeem reward points as cashback at 1 RP = Rs.0.25 value

Quick Analysis

BOBCARD Premier is a solid mid-range travel and lifestyle card offering 5X rewards on travel and dining, quarterly lounge access, and comprehensive insurance. Best suited for regular travelers who can maximize accelerated rewards while avoiding high forex charges.

Pros

  • Lifetime free till 31st Dec 2025
  • 5X rewards on travel, dining & international spends
  • 10 reward points per Rs.100 on accelerated categories
  • 2,000 bonus points monthly cap on 5X rewards
  • 16,000 bonus points on annual spend milestone
  • 1 complimentary domestic lounge access per quarter
  • 1% fuel surcharge waiver (Rs.400-Rs.5,000, max Rs.250/cycle)
  • Rs.50 lakh air accident insurance coverage
  • Rs.10 lakh non-air accident insurance
  • 500 welcome bonus points on Rs.5K spend in 60 days
  • Zero lost card liability protection
  • RuPay network with UPI support
  • Annual fee waiver on Rs.1.2L annual spend

Cons

  • High Rs.1,000 joining and annual fee (after free period)
  • Lounge access requires Rs.20,000 quarterly spend
  • 5X rewards capped at 2,000 points per month
  • High 3.5% forex markup fee
  • No rewards on fuel transactions
  • Limited to 1 lounge visit per quarter
  • High 41.88% p.a. interest rate
  • Point value only Rs.0.25 (4 points = Rs.1)
  • No international lounge access
  • No Priority Pass membership
  • Minimum Rs.7.2 lakh annual income requirement
  • No concierge or golf benefits

Best For

Domestic travelers, dining enthusiasts, mid-income professionals

Not Ideal For

International travelers, forex spenders, budget seekers

Frequently Asked Questions

What is the annual fee for BOBCARD Premier Credit Card?
The joining and annual fee is Rs.1,000 + GST. However, the card is currently available as lifetime free till 31st December 2025. From the second year onwards, the annual fee is waived if you spend Rs.1.2 lakh or more annually.
What are the reward rates on BOBCARD Premier?
You earn 10 reward points per Rs.100 spent (5X rewards) on travel, dining, and international transactions. On all other categories, you earn 2 reward points per Rs.100 (base rate). The 5X rewards are capped at 2,000 points per month. No rewards on fuel transactions.
What is the value of reward points?
Each reward point is worth Rs.0.25. You can redeem accumulated reward points as cashback at this rate (4 points = Rs.1). For example, 10,000 points = Rs.2,500 cashback.
What is the lounge access benefit?
BOBCARD Premier offers 1 complimentary domestic airport lounge visit per quarter (4 visits per year). However, from January 1, 2025, you must spend a minimum of Rs.20,000 in the preceding calendar quarter to unlock lounge access for the current quarter. No international lounge access is provided.
What milestone benefits does the card offer?
Welcome Bonus: Earn 500 reward points (worth Rs.125) on spending Rs.5,000 within first 60 days. Annual Bonus: Earn 16,000 bonus reward points (worth Rs.4,000) per year on reaching the annual spend milestone. Annual Fee Waiver: Spend Rs.1.2 lakh annually to get your annual fee waived.
What is the eligibility criteria?
Age: 21-65 years, Minimum annual income: Rs.7.2 lakh (for both salaried and self-employed), CIBIL score: 700+, Must be Resident Indian. You can also apply on a Card-to-Card basis using your existing credit card.
What documents are required to apply?
For Salaried: PAN Card, Identity/Address proof (Aadhaar/Passport/Voter ID/DL), Bank statement showing salary credit for last 2 months OR salary slip/Form 16. For Self-Employed: PAN Card, Identity/Address proof, ITR acknowledgement. Card-to-Card: Latest credit card statement from other bank.
What is the fuel surcharge waiver?
Get 1% fuel surcharge waiver at all fuel stations across India on transactions between Rs.400 and Rs.5,000. The waiver is capped at Rs.250 per statement cycle. Note: No reward points are earned on fuel transactions.
What insurance coverage is included?
The card provides Rs.50 lakh air accidental death insurance, Rs.10 lakh non-air accidental death insurance, and zero lost card liability protection for fraudulent transactions reported within 24 hours.
What is the interest rate and interest-free period?
The interest rate is 3.49% per month (41.88% per annum). You get up to 50 days interest-free period if you pay the full outstanding amount by the due date.
What is the forex markup charge?
The foreign currency markup fee is 3.5% + GST on all international transactions. While you earn 5X rewards on international spends, the high forex markup of 3.5% reduces the net benefit significantly.
What are the late payment charges?
Late payment fees are levied based on outstanding balance: Rs.100 (for dues Rs.100-500), Rs.400 (Rs.501-5,000), Rs.750 (Rs.5,001-10,000), Rs.1,000 (Rs.10,001-25,000), Rs.1,200 (Rs.25,001-50,000), and Rs.1,300 (above Rs.50,000). Plus 18% GST.
What is the cash advance fee?
Cash withdrawal charges are 2.5% of the withdrawn amount or Rs.300, whichever is higher. Additionally, finance charges of 3.49% per month apply on cash advances from the transaction date.
Can I use this card for UPI payments?
Yes, BOBCARD Premier is a RuPay credit card that supports UPI payments. You can link it to UPI apps and earn 2 reward points per Rs.100 spent on UPI transactions (base rate).
Are add-on cards available?
Yes, you can get up to 3 add-on cards for family members. The joining/annual fee structure for add-on cards may apply as per bank policy.
How long is the lifetime free offer valid?
The lifetime free offer is valid till 31st December 2025. After this period, the standard joining and annual fee of Rs.1,000 + GST will apply (waivable on Rs.1.2L annual spend).
What is the over-limit charge?
If your outstanding exceeds the sanctioned credit limit, you will be charged 2.5% over the limit amount or Rs.600, whichever is higher. 18% GST applies on this charge.
Is EMI conversion available?
Yes, you can convert purchases into EMIs for tenures ranging from 3 to 24 months at attractive interest rates. This helps manage large expenses by spreading payments.

User Reviews

Our Rating

4.1
APPLY NOW

on Bank of Baroda's website

Rating Breakdown

Rewards
3.9/5 Top 32%
Benefits
4.0/5 Top 20%
Fees
4.8/5 Top 5%
Value for Money
4.4/5 Top 6%
User Reviews
3.0/5 Top 50%

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