BOBCARD Premier Credit Card – Features, Benefits, How to Apply, Fees, Limits & More

Credit cards today amount to not only a financial product, but also a key to various rewards, discounts, travel and lifestyle benefits in this digital age. One such card that provides a premium experience with a range of special benefits is BOBCARD Premier Credit Card.

BOBCARD Premier Credit Card (BOB) Overview

Bank of Baroda (BOB) has a rich history in the Indian banking industry; with a fan following of millions, BOB offers a wide range of financial products and services to go with a premier customer care. With reward points on all your purchases, free access to airport lounges, and great travel deals, you will have the ultimate banking experience with the BOBCARD Premier Credit Card.

In this post, you will find the important features, benefits, rewards, and eligibility of the BOBCARD Premier Credit Card, and the process for how to apply for the credit card. If you want a high-end credit card with great rewards and perks, read on!

Summary of the BOBCARD Premier Credit Card

The BOBCARD Premier Credit Card is a top-tier offering from Bank of Baroda specially designed for those who love to enjoy a luxurious life and are looking to earn on their regular spends. It is a feature-rich card that offers you reward points on your spends, as well as additional benefits such as travel, dining offers and insurance.

BOBCARD Premier Credit Card offers a perfect mix of convenience and luxury along with plethora of features to enrich your experience with special privileges.

Salient Features of the BOBCARD Premier Credit Card

Before we take a closer look at the advantages, I want to take a moment to highlight the important aspects of why you should consider the BOBCARD Premier Credit Card for all that is premium:

Joining and Annual Fee:

Joining Fee: ₹999 + GST.
Renewal Fee: ₹999 + GST. But the renewal fee is waived off if you spend ₹1,00,000 or more in the previous year.

Reward Points System:

(5 Reward Points = ₹5) For every ₹100 spent on all retail and fuel transactions.
2 Reward Points per ₹100 spent on fuel.
Additional Reward Points as milestone bonus on annual purchases.

Reward Redemption:

The accrued Reward points can be exchanged for a plethora of options such as flight and hotel bookings, merchandise and gift vouchers.
BOB Points (one BOB point=Re.0.25) can also be redeemed on reward points and vice versa with equivalent value as in case of redemption against fares and hotels.

Contactless Payments:

The card is powered by the latest contactless payment technology and cardholders can make secure and speedy payments without scratching or entering a pin.

EMI Option:

Spending through BOBCARD Premier Credit Card can get converted into easy EMIs giving the cardholder an option of paying the amount back in a flexible mode.

Advantages of the BOBCARD Premier Credit Card

Now let’s read about the various perks that make the BOBCARD Premier Credit Card a top choice for everyone:

Reward Points on Every Spend

BOBCARD Premier Card 5 Reward Points for every ₹100 spent on retail purchases (except on fuel). It’s also handy for racking up points on everyday spending, for things like groceries, dining out, entertainment, and just about anything else. Also, on Fuel spends get 2 Reward Points for every ₹100.

These points add up fast and can be used to earn all sorts of great rewards, like flights, overnight stays at hotels, products and more. The rewards program is flexible so that you can maximize your payout on small and large purchases alike.

Waiver on Annual Fee

The fact that means the renewal fee is waived is one of the pros of the BOBCARD Premier Credit Card. You get the renewal charges of ₹999 (plus GST) reversed if you have spend ₹1,00,000 or more in the previous year. This is a huge advantage for the typical card user who makes purchases with their card regularly.

This is to motivate cardholders to actually use their card and to make the card not just a cost center, but a great value.

Travel Benefits

For the avid travelers, BOBCARD Premier Credit Card provides several travel benefits; This is the perfect card for anyone constantly on the move:

• Airport Lounge Access: Travel in comfort with free access to airport lounges in India and abroad.

• Travel Insurance: The card offers various travel insurance benefits, such as lost baggage, flight delay, and emergency medical assistance.

These advantages guarantee a relaxed journey with increased comfort and the security of being on the move.

Dining Offers

Foodies, on the other hand, will love the dining privileges provided by the BOBCARD Premier Credit Card. The restaurant card offers exclusive deals at participating restaurants and food shops from coast to coast, so you can eat your way to becoming a bricks and mortar consumer. Cardholders can also get special offers or discounts on their dining bills, which is a nice extra for lovers of the restaurant scene.

Fuel Surcharge Waiver

The surcharge waiver on fuel which is offered is a good benefit for those who drive. Fuel Surcharge applicable on all fuel transactions The waiver at all fuel stations across India is capped at ₹100 per statement cycle transactions between ₹ 500 & ₹ 5000. This means that you’ll always save on any gas purchase that you make using your card.

Purchase Protection

The card offers protection for eligible purchases using the card. In other words, if your purchase is damaged, lost or stolen over a certain period of time, you might be reimbursed. This is a wonderful float for card members peace of mind when making large or important purchases.

Comprehensive Insurance Coverage

The BOBCARD Premier also includes extensive insurance cover – which are:

• Air Accidents Insurance: It covers death due to any air accident.

• Credit Shield Insurance: Repays your outstanding credit card balance in the event of death through an accident or permanent disability.

These insurance perks are an added layer of protection that cardholders can enjoy, enhancing the value of the card.

Terms of the BOBCARD Premier Credit Card

Eligibility Criteria for BOBCARD Premier Credit Card Card

To get the BOBCARD Premier Credit Card, you must comply with the following eligibility criteria:

• Age: The age is from 21 to 60 of the applicant.

• Income: Salaried individuals need to have a minimum income of ₹25,000 per month or ₹3,00,000 p.a. for self-employed.

• Credit Score: You'll need a strong credit score (above 750), in most cases.

These eligibility criteria ensure that the card remains available to those with a steady income and solid credit history.

What Makes the BOBCARD Premier Credit Card Stand Out

The USP of BOBCARD Premier Credit Card is the merging of some benefits in the form of reward points and lifestyle privileges. While most premium cards are inclined towards luxury indulgences, the BOBCARD Premier Credit Card gives you the best of both worlds with travel privileges, guarantees on purchases made, dining discounts as well as rewards on your spending.

In addition, an easy EMI conversion option helps our cardholders convert large purchases into easy monthly installments and help them purchase big-ticket items without worrying about immediate full payment.

What’s more, the exemption of the renewal fee means that cardholders are motivated to use it frequently, which means they don’t just have to experience the premium benefits but also end up saving on annual fee.

Final Thoughts

The BOBCARD Premier Credit Card is like a package of rewards, travel privileges and lifestyle benefits, from Bank of Baroda. If you're constantly on the road, through to a foodlover or perhaps someone who loves the luxury of eating out and making significant purchases, this card offers perks that complement your way of life.

With rewards points on every spend to exclusive travel deals to dining cashback or complete insurance coverage, the BOBCARD Premier Card delivers what you are looking for in style and substance.

For a competitive annual fee, easily attainable conditions for eligibility and numerous features targeted towards today's cardholders, the BOBCARD Premier Credit Card is an offer you should not miss if you want to make the most of your purchases and benefit from exclusive advantages.