Card Image

Cashback

Annual Fee

₹499

Rewards/₹100

₹1.00 - ₹5.00

Normalized to balance base rate with bonus categories

Interest Rate

42.00%

Credit Score

700+

At a Glance

Key Benefits

5% online cashback (max Rs 1,500/month), 1% fuel surcharge waiver

Lounge Access

No lounge access

Eligibility

Salaried: Rs 25,000+/month, Age: 21-60, CIBIL: 700+

Quick Details

Annual Fee
₹499 #75
Joining Fee
₹499 #78
Interest Rate
42.00% p.a. #108
Forex Markup
3.50% #75
Rewards/₹100
₹1.00 - ₹5.00 #49
Reward Type Cashback
Reward Currency Cashback
Min Credit Score
700+ #54
Min Monthly Income ₹25
Network VISA
Card Replacement Fee 100
Late Payment Fee ₹500
Cash Advance Fee 2.50% (min ₹300)
Card Replacement Fee ₹100
Fee Waiver on Spend ₹1,00,000/yr

Reward Structure

Base

All Spends

₹1.00 /₹100
Cat

Online

₹5.00 /₹100

Reward Calculator

Allocate by Category 100%
Online
5.0 pts
60% ₹0
Other Spends
1.0 pts
40% ₹0
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:

Insurance Coverage

Lost Card

₹0

Zero liability for lost card transactions.

Fraud

₹0

Zero liability for unauthorized transactions.

Quick Analysis

The BOB Financial (BOBCARD) Cashback is a solid credit card option. With an annual fee of ₹499, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.

Pros

  • Low annual fee of just ₹499
  • Annual fee waiver on spending ₹100000
  • Direct cashback instead of points - no redemption hassle
  • Extended interest-free period of 50 days

Cons

  • No complimentary lounge access
  • High forex markup of 3.50% on international transactions
  • High interest rate of 42.00% on revolving credit

Best For

Online shoppers who make at least 4 transactions per month

Not Ideal For

Low-frequency spenders or those who prefer points over cashback

Frequently Asked Questions

What cashback does BOBCARD Cashback offer?
You get 5% cashback on online spends (capped at Rs 1,500/month) and 1% on all other spends (capped at Rs 500/month). Minimum 4 transactions per cycle required for 5% rate.
What is the annual fee for BOBCARD Cashback?
The annual fee is Rs 499. It can be waived on Rs 1 lakh annual spend.
What is the fuel surcharge waiver?
You get 1% fuel surcharge waiver (up to Rs 250/month) on fuel transactions between Rs 400 and Rs 5,000.
Is there a minimum transaction requirement?
Yes, you need to make at least 4 transactions in a billing cycle to get the accelerated 5% cashback on online spends.
When is cashback credited?
Cashback is credited to your card account in the next billing cycle after earning.

User Reviews

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