Card Image

Prime

Annual Fee

FREE

Rewards/₹100

₹0.25

Normalized to balance base rate with bonus categories

Interest Rate

42.00%

0

At a Glance

Key Benefits

Lifetime free, 85% FD credit limit, fuel surcharge waiver

Lounge Access

No lounge access

Eligibility

Min FD: Rs 15,000, Age: 18-85, No credit score required

Quick Details

Annual Fee
FREE #1
Joining Fee
FREE #1
Interest Rate
42.00% p.a. #108
Forex Markup
3.50% #75
Rewards/₹100
₹0.25 #276
Reward Type Reward Points
Reward Currency Points
0
Min Monthly Income ₹NaN
Network VISA
Card Replacement Fee 100
Late Payment Fee ₹500
Cash Advance Fee 2.50% (min ₹300)
Card Replacement Fee ₹100

Reward Structure

Base

All Spends

₹0.25 /₹100

Reward Calculator

Allocate by Category100%
Other Spends
1.0 pts
100%₹50,000
Your Rewards
Points Earned500
Cash Value₹125
Breakdown
Other Spends500
Total Value₹125
Quick amounts:

Insurance Coverage

Lost Card

₹0

Zero liability for lost card transactions.

Fraud

₹0

Zero liability for unauthorized transactions.

Personal Accident

₹2,00,000

Personal accident cover included with the card.

Quick Analysis

The Prime is a straightforward lifetime free credit card from BOB Financial (BOBCARD). While it may not offer premium perks, the zero annual fee makes it a low-risk option. Suitable for those who want a basic credit card without annual charges.

Pros

  • Lifetime free - no annual or joining fee
  • Extended interest-free period of 50 days
  • Contactless payment enabled for quick transactions
  • Easy EMI conversion facility available

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

First-time users, those with no credit history, or anyone wanting a guaranteed approval card

Not Ideal For

Those seeking premium rewards or lounge access

Frequently Asked Questions

What is BOBCARD Prime?
BOBCARD Prime is a secured credit card backed by a Fixed Deposit with Bank of Baroda. You get credit limit up to 85% of your FD amount.
What FD amount is required?
Minimum FD of Rs 15,000 is required. Maximum FD can be Rs 5 lakhs for higher credit limit.
Is credit score needed for BOBCARD Prime?
No, credit score or income proof is not required. This card is guaranteed approval against your FD.
What is the age limit for BOBCARD Prime?
Eligible age is 18 to 85 years, one of the widest age ranges for any credit card in India.
Does BOBCARD Prime have fuel benefits?
Yes, you get 1% fuel surcharge waiver on transactions between Rs 400 and Rs 5,000 at all fuel stations.

User Reviews

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