The Bank of Baroda Premier Credit Card is a great choice for those looking for a rewards credit card with a range of benefits. This card offers generous rewards competitive interest rates and a range of other features that make it the choice for anyone looking to spend power. With this, you can earn rewards points on everyday purchases, access exclusive discounts, and enjoy a range of other benefits.
The Premier Credit Card offers a variety of rewards and benefits. With the card, you can earn up to 5X rewards on travel and dining. This includes purchases made at Travel, Dining, and Abroad (International spending). You can also earn 2 Reward Points for every Rs. 100 spent on other categories. Moreover, it also offers 1 Reward Point for every Rs. 100 spent on Select MCCs*. This cashback can be redeemed for statement credits, gift cards, and more.
Features
- Get the Benefit of a Complimentary Airport Lounge Visit every quarter
- 1% Fuel Surcharge Waiver
- Multiple redemption options to redeem your all earned rewards
- Easy EMI option
- Free Add-on card
- In-built insurance cover
- Zero liability on lost card
- 50 days of the interest-free period to repayment
- Revolving credit facility
Eligibility Criteria
List | Details |
---|---|
Age | Minimum 21 years and maximum 65 years |
Income | Minimum gross annual income of Rs. 6 lakhs |
Employment | Salaried or self-employed |
Credit Score | Good credit score with no history of default |
Residency | Must be a resident of India |
Existing Relationship with Bank of Baroda | Preferred if the applicant has an existing relationship with the bank such as a savings account, fixed deposit, or loan |
How to Apply
To apply for the BOB Premier Credit Card, you must first be at least 18 years of age and a resident of India. You must also have a valid Indian passport or Aadhaar card. Additionally, you must have a good credit score and a steady source of income.
Step 1: Tap on the Apply Now Button on the Pricemint Website
Click on the “Apply Now” Button on the IDFC Credit Card Page on the Pricemint Website.
Step 2: Fill out the full Application form to process to the next step
Once you have all the necessary documents, you can begin the application process. You can apply online or by visiting a BOB branch. When applying online, you will need to provide your personal information, including your name, address, phone number, and email address. You will also need to provide your income information, such as your salary, investments, and other sources of income.
Step 3: Get Delivery of your credit card After Approval
Once you have submitted your application, BOB will review it and decide within a few days. If your application is approved, you will receive your card in the mail within 7-10 business days.
Once you have your card, you can begin using it right away. You can use it to make purchases, pay bills, and even transfer funds. The BOB Premier Credit Card also offers a generous rewards program, which allows you to earn points for every purchase you make. You can then redeem these points for cash back, gift cards, and more.
Alternatively, you can also apply for the BOB Premier Credit Card by visiting the nearest BOB Bank branch or by calling the bank’s customer care helpline.
Charges
List | Details |
---|---|
Joining Fee | Rs. 1,000 (one-time fee) |
Annual Fee | Rs. 1,000 (charged annually from the second year onwards) |
Renewal Fee | Rs. 1,000 (charged annually from the second year onwards) |
Finance Charges on Revolving Credit | 2.5% per month (30% per annum) |
Cash Withdrawal Fee | 2.5% of the amount withdrawn, subject to a minimum of Rs. 300 |
Overlimit Fee | 2.5% of the over-limit amount, subject to a minimum of Rs. 500 |
Late Payment Fee | – Rs. 100 (for an outstanding amount up to Rs. 2000), – Rs. 400 (for an outstanding amount between Rs. 2001 to Rs. 5,000), – Rs. 500 (for the outstanding amount above Rs. 5,000) |
Card Replacement Fee | Rs. 200 |
Foreign Currency Markup Fee | 3% of the transaction amount |
GST | Goods and Services Tax (GST) will be applicable on all fees and charges as per prevailing rates |