BOBCARD Easy Credit Card – Features, Benefits, and How to Apply

In a world that is moving faster than ever, it is important to have a credit card that paves the way for you to do more while earning rewards to do so. One such offering is the BOBCARD Easy Credit Card, which is a credit card that comes from the stable of the Bank of Baroda, with a promise to offer convenience, affordability, and several other benefits, for its customers. If you are a shopaholic, food lover or love to travel, the BOBCARD easy credit card makes your shopping experiences more rewarding and enhances your financial freedom.

In this article, we will explore in detail the features, benefits, charges, eligibility and the unique features of BOBCARD Easy Credit Card as compared to others in the competitive market of credit cards. At the end of this post, you’ll know exactly why this card is so popular with anyone who needs an easy way to earn and redeem rewards.

Overview of the BOBCARD Easy Credit Card

The BOBCARD Easy Card is an introductory card issued by Bank of Baroda and is created for those who are looking for a basic credit card that rewards. It comes with several advantages like convenient EMI options, cash-back options, low fee etc, which makes it a perfect option for first-time users or who wants to avail basic benefits without spending high annual fee.

This card is ideal for people who don't want a card that comes with a lot of bells and whistles but that still rewards them for spending. It is also ideal for people who like to control expenses with the convenience of EMI conversion on bigger spends.

Our Review: Features and Benefits of the BOBCARD Easy Credit Card

The BOBCARD Easy Credit Card offers a lot of benefits, making it an interesting option for the customers. So here are some of the unique features that separate this card:

No Annual Fee

One of the greatest benefits of the BOBCARD Easy Credit Card is that there are no annual fees. This can be an excellent option for people who don’t want to pay a high fee for a basic credit card. While other credit cards in the market come with an annual fee (which varies from ₹500 to ₹3,000 or more), the BOBCARD Easy Credit Card is a zero-annual-fee credit card, making it an incredibly affordable option.

Low-Interest Rates

For those people who sometimes need to keep a balance on their credit card, the BOBCARD Easy Credit Card has one of the most competitive interest rates on the market. The interest rate is excellent, meaning you won’t get crushed with interest payments. This is particularly useful for people who make sizeable purchases with their credit cards and would like to stagger the repayments.

Cash Withdrawals

Just like most credit cards, the BOBCARD Easy Credit Card can avail cash withdrawal facility from ATMs. This service can be useful in the event of an emergency need for cash. But cash withdrawals usually involve a fee and are subject to interest from the day they’re made, so you should limit this feature’s use.

Flexible EMI Options

Another USP of the BOBCARD Easy Credit Card is the option to convert purchases into easy EMIs. This flexibility enables cardholders to split the cost of expensive purchases into manageable monthly installments. It’s a hassle-free process and all you need to do is choose to pay EMI when you make your purchase or call the customer service team. This card gives you an option to turn all your spends in excess of ₹2,500 into convenient EMIs, which is perfect for big-spending individuals who would like to make an expensive purchase but would not want to deal with payments in one go.

BOBCARD Easy Credit Card Benefits

The features of the BOBCARD Easy Credit Card are designed to enrich the credit card experience. These are above and beyond the basics of how you can save money, earn rewards and claim special privileges with your card.

Reward Points for Purchases

Rewards: Highlighting a reward programThe reward programme of the BOBCARD Easy Credit Card is much more attractive. Card members get points for every purchase. Its reward structure isn't quite as convoluted as some premium credit cards, but it does enable users to earn points on their everyday spending. Points can be exchange for rewards – such as gift certificates, goods and even statement credit.

Cash Back on Certain Categories

BOBCARD Easy Credit Card provides cashback on the payments made for various categories like Dining and Online shopping for those who regularly use their card. There are varying cashback rates on these different categories which means that cardholders can maximise rewards on the type of transactions that they most spend on. That makes the card an even more appealing choice for people who spend a lot of money online or dining out.

Emergency Card Replacement

If you have lost your credit card, it can be a pretty frustrating affair, but with the BOBCARD Easy Credit Card, you can report to the bank, and get an emergency card replacement in no time. The bank will promptly send you a new card, so that you can keep using your line of credit.

Easy Bill Payment Facility

Dealing with Bills Is Simple with the BOBCARD Easy Credit Card. This card enables you to arrange automatic payments for those monthly bills, and is a useful tool for those who want to automate their finances. You can also you can treat these utility bills with the card, for rewards, as an added way to avoiding a late fee.

Zero Liability on Lost Cards

When it comes to the unlikely event of your BOBCARD Easy Credit Card loss/theft, the bank offers you zero liability. Which means you cannot be held liable for any transactions that are made against the card while it is lost if you notify the bank in a timely manner.

BOBCARD Easy Credit Card Fees

The BOBCARD Easy Credit Card waives all annual fees but cardholders should be aware of the relevant charges that may be imposed based on circumstances. These fees include:

Interest Rate

While the card has competitive interest rates, it's crucial to stay on top of payments in order to save on interest. The Interest is charged on any balance brought forward from the due date.

Cash withdrawal fees

Taking cash out of an ATM incurs a cash withdrawal fee and interest charges from the date of the transaction. These fees are typically higher than regular purchases, so you should try not to take out cash all the time.

Late Payment Fee

When you do not pay the minimum due on time, a late payment fee would be levied. This charge is generally between ₹100-₹1,000 and is levied on the due repayment amount.

Overlimit fee

You have to pay this fee if you have an outstanding balance that’s higher than the approved credit limit on your card; this is usually ₹500 or a percentage of the overlimit amount.

Eligibility for the BOBCARD Easy Credit Card

So here is the eligibility required to apply for the BOBCARD Easy Credit Card, which is set by the Bank of Baroda. Here are the key requirements:

Age Limit

For male applicants: 21-60 years.

Salary

The prospective borrowers should be salaried persons with a regular salary. Though the specific salary criteria can vary, most banks would expect a minimum monthly income of ₹25,000 for approval.

Credit History

Excellent (750+) credit is a bonus, but not necessary for approval. A favorable credit history will make you more likely to get approved.

Conclusion

The BOBCARD Easy credit card is ideal for those who are looking to keep it simple but still avail all the perks that are included with the credit card. This card packs good value through benefits such as low fees, easy EMI facilities, cashbacks, and rewards. Be it someone who seeks to make the most out of everyday purchases or someone who seeks to finance large spending with hassle-free repayments, the BOBCARD Easy Card stands up to its commitment to affordability, convenience and rewards.

If you are searching for a no-nonsense credit card with no joining fee and that provides all the benefits required to make buying that much more rewarding, the BOBCARD Easy Credit Card can be a good bet for you. You can get the Account today and simplify your financial journey.