Bank of Baroda Credit Card
Check the list of top Bank of Baroda credit cards along with their features, annual fee, and minimum income requirements to help you pick a suitable card as per your needs. Check Bank of Baroda credit card eligibility criteria and compare the cards to apply for the best Bank of Baroda Credit Card.
Bank of Baroda Credit Card
Bank of Baroda Credit Cards are issued by BOB Financial Solutions Limited, a Non Banking Financial Company (NBFC), wholly owned by PSB Bank of Baroda. The Company was incorporated in 1994 as Bobcards Limited and offers Credit Cards, Personal Loans, and merchant acquiring.
The parent organisation Bank of Baroda was earlier known as Bank of Baroda Limited. Founded by Maharaja Sayyajirao III, the present Bank of Baroda was launched as a private bank with its first branch opened in Ahmedabad in 1910. The unit was expanded further in the year 1919 and opened a new branch in Mumbai City. The first overseas branch was opened in the year 1953 in Kenya. Hind Bank, New Citizens Bank, The Umargao People?s Bank, and The Tamilnadu Central Bank merged with The Baroda Bank Limited between 1958 and 1964. In the year 1969, it became a nationalised bank and was renamed as Bank of Baroda.
Today BoB is one of the leading PSBs in the country. BOB personal banking services include term deposits, loans, and advances, lockers, etc. Corporate banking constitutes wholesale banking deposits, loans, and advances, etc. They also offer retail banking services, which again constitute loans and advances, deposits, etc.
The BOB Credit Cards are issued at a nominal fee, and the interest charged is also competitive. There are innumerable benefits on the card, and its global acceptance makes it all the more attractive.
Types of Bank of Baroda Credit Cards
The Bank of Baroda has broadly divided its Credit Cards into four variants: Easy, Select, Premier & Prime. Besides, there are other co-branded and corporate cards as well.
Here is the list of all Bank of Baroda Credit Cards:
- Bank of Baroda Easy Card
- Bank of Baroda Select Card
- Bank of Baroda Premier Card
- Bank of Baroda Prime Card.
- Bobcard Signature (Visa) Card
- BOB Paytm Credit Card
- BOBCARD Assure
- BOBCARD Titanium (Master)
- Bank of Baroda Corporate Premium Credit Card
- Bank of Baroda platinum (select) MasterCard
Features and Benefits of Bank of Baroda Credit Cards
The following are the features and benefits of the Bank of Baroda Credit Cards.
- EMI option: The purchases on the card can be converted into EMI and paid in easy instalments. The rate of interest charged is nominal.
- Fuel surcharge: Waiver of fuel surcharge at all petrol stations across the country.
- Various redemption options: There are numerous ways of redeeming the accumulated reward points.
- Add-on cards: The add-on card facility for your family member is given without any joining or annual fee.
- Insurance cover: Various insurance covers are available for free.
- Purchase protection: Purchase protection on the lost/ stolen card is also available.
- Worldwide acceptability: Bank of Baroda credit cards come in collaboration with Visa or MasterCard as payment gateways. These are accepted worldwide.
- Lucrative Reward points: Every Bank of Baroda credit card allows you to earn lucrative reward points that can be redeemed for multiple gifting options and cashback.
- Additional benefits: In addition to rewarding points, the Bank of Baroda credit card offers benefits like fuel waiver, complimentary lounge access, free 6-months membership at FITPASS PRO, etc.
- Wide range: Bank of Baroda credit card covers an entire spectrum of customer needs. So whether it’s the Bank of Baroda Eterna Credit Card for the affluent few of the Bank of Baroda Swavlamban Credit Card for the basic credit card users; there’s something for everyone.
- Fee waiver: BoB credit card offers to join fee and annual fee waiver subject to minimum spending per year.
- Easy EMI option: Bank of Baroda credit card allows you to convert your credit card spend into easy EMIs at the lowest rate of interest.
- 24X7 customer care service: The representatives of the Bank of Baroda are always there to help you in time of need. Bank of Baroda credit card customer care can be reached 24X7 for assistance.
- Easy payment options: Payment for a Bank of Baroda credit card outstanding can be made through several channels. Choose the most convenient mode of payment to pay back bills on time.
Detailed Features of Bank of Baroda Credit Cards
Name of the Card | Features | |
1. | Bank of Baroda Easy Card |
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2. | Bank of Baroda Select Credit Card |
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3. | Bank of Baroda Premier Card |
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4. | Bank of Baroda Prime Card |
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5 | Bobcard Signature (Visa) Card |
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6. | BOB Paytm Credit Card |
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7 | BOBCARD Assure |
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8 | BOBCARD Titanium (Master) |
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9 | Bank of Baroda Corporate Premium Credit Card |
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10 | BOBCARD Platinum (Select) Mastercard |
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Bank of Baroda Credit Card Reward Points
Name of the Card | Rewards | |
1 | Bank of Baroda Easy Card |
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2 | Bank of Baroda Select Card |
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3 | Bank of Baroda Premier Card |
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4 | Bank of Baroda Prime Card |
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5 | BOB Signature (Visa) Credit Card |
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6 | BOB Paytm Credit Card |
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7 | BOBCard Assure |
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8 | BoB Titanium Mastercard |
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9 | BOB Corporate Premium Credit Card |
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10 | BOB Platinum (Select) Mastercard |
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Bank of Baroda Credit Card Fee Details
Name of the Card | Joining Fee | Annual Fee |
Bank of Baroda Easy Card | 500/- (waived on a spend of 6000/- within 60 days from the date of activation of the card. The reversal will reflect in the 4th billing statement) | 500/- (waived on an annual spend of 35000/- the previous year) |
Bank of Baroda Select Card | 750/- (waived on a spend of 7500/- within 60 days from the date of activation of the card. The reversal will reflect in the 4th billing statement from the date of issuance of the card provided all the dues on the card are paid) | 750/- (waived on an annual spend of 70,000/- in the previous year) |
Bank of Baroda Premier Card | 1000/- (waived on a spend of 10,00/- within 60 days from the date of activation of the card. The reversal will reflect in the 4th statement from the date of issuance of the card provided all the dues on the card are fully paid) | 1000/- (waived on an annual spend of 1.20 Lakhs in the previous year) |
Bank of Baroda Prime Card | Nil | Nil |
BoB Signature Visa Card | 1,000/- Add on- 1000 per card | 1000/- (Annual fee is waived if Rd 2,00,000 spent in the previous year) |
BOB Paytm Credit Card | 2,000
| 2000 (Annual fee is waived off on spending 2,00,000 in a year) |
BOBCARD Assure | Free | 500 (Waived off on spends of 50,000 in a year + regular bill payments) |
BoB Titanium Mastercard | 250 (Waiver available on spent of 25,000 p.a) | 500 (Waived off on spends of 25,000 in a year) |
BOB Corporate Premium Credit Card | 1000 - 2000, subject to eligibility | 1000 - 2000, subject to eligibility |
BoB Platinum (select) Mastercard | 1000 | 1000 (Annual fee is waived on spend of 100,000 in a year) |
Bank of Baroda Credit Card Charges Details
Name of the Charge | Amount |
Cash withdrawal charges | 2.5% of the amount withdrawn or 500 (whichever is higher) |
Finance charges | *For Premier, Prime cards, Corporate, Signature, Assure and Paytm Cards: *For Easy, Select cards & all other Credit Card variants: |
Duplicate Bill | 25/- per bill |
Cheque bounce charges | 300/- or 2% of the cheque amount whichever is higher. |
Charges for exceeding the credit limit | 2.5% of the amount above the sanctioned credit limit or 500 (whichever is higher) |
Card replacement charges | 100/- per card |
Charge slip retrieval charges | 250/- per charge slip |
Foreign Currency Mark-up Fee | 3.50% of the transaction amount |
Reactivation of card | 300/- |
Late fee charges | For amount up to 100: Nil For amount between 101 to 500: 100
For amount between 1001 to 10000: 600 For amount between 10001 to 25000: 800 For amount more than 25000: 950 |
How to Apply for Bank of Baroda Credit Card
Steps to Apply for BoB Card through Bank's Website
The following are the steps to apply for Bank of Baroda Credit Card through the Bank's website.
For new customers
- Log in to the official website of the Bank.
- Go to the Credit Cards Provide your personal details like name, contact address, mobile number, email id, qualification, income details, employment details, marital status, etc.
- A list of cards will appear. Choose and apply the card as per your requirement.
- On verification, a Card representative from bank will call you and guide through the process.
- You will be required to submit documents such as address proof, Photo ID proof, and Income Proof. This is the regular step for checking eligibility criteria and issuing the card.
For existing customers
- Visit the official website of the bank and go to the Credit Cards page.
- Provide you net banking customer ID and mobile number
- You can apply for the card directly online
Steps to apply for the card through MyMoneyMantra
Using the digital platform provided by MyMoneyMantra, you can apply for the card.
- Visit MyMoneyMantra website.
- Log in and choose the Credit Card menu. Select the card you want to apply for and press the submit button.
- Fill in all the relevant information required for applying for the Card.
- Now you will be guided by the representatives of MyMoneyMantra through the whole process from the documentation to the approval of the card.
- On approval, the card will be dispatched to your address. Card and the pin will be despatched separately.
To apply for the card offline, you have to visit the nearest Bank of Baroda branches and apply for the Credit Card by submitting the relevant documents.
Eligibility Criteria for Bank of Baroda Credit Cards
To be eligible for Bank of Baroda Credit Card, you will have to comply with the following eligibility criteria.
- Should be between 21 years to 65 years of age.
- The minimum annual income required for Easy Card is 3.00 Lakhs
- The minimum annual income required for Select Card is 4.80 Lakhs
- The minimum annual income required for Premier Card is RS. 7.20 Lakhs.
- The Prime Card is issued against Fixed Deposit, and so no income is required.
titanium 3,00,000 - The minimum annual income for Platinum Mastercard is 6 Lakh.
- For the Paytm Signature Card, the minimum annual income should be 12 Lakh.
- For Assure Card, you require a fixed deposit of at least 25000.
- For Corporate Cards, minimum turnover should be 2 Cr, with minimum PaidupCapital as 25 Lakh.
The applicant should be an Indian resident. - The credit score should be over 750.
Documents Required for Bank of Baroda Credit Card
- Proof of Identity such as Aadhar Card, Voter's ID Card, Passport, Driving Licence, and PAN Card.
- Address Proof such as Aadhar Card, Passport, Driving Licence, Utility bills, Rental Agreement, etc.
- Income Proof such as IT Returns, form 16 and the latest Salary Slips for salaried individuals.
- Business Entities/ Self-employed individuals/ professionals should submit financial documents like the audited Balance Sheet and Profit and Loss account and ITwith income computation along with the KYC documents.
- Along with the financial documents, the business entities should submit Partnership Deed if a Partnership Company; and Memorandum of Association, Articles of Association, and Board Resolution, if a Company.
Bank of Baroda Credit Card Payment
The following are the various ways of making Bank of Baroda Credit Card Payment.
- Insta Pay:
You can make the Credit Card payment by Insta-Pay using your internet banking facility.
Follow the simple steps:- Click on the Insta-Pay link.
- Enter the card number.
- Enter the verification code.
- Confirm the cardholder"s name.
- Enter your mobile number and email id and amount.
- There is an option to use either Bank of Baroda net banking facilities or other bank net banking facilities for making the payment.
- You can choose from over 50 banks by clicking on the dropdown.
- Once the transaction is completed, you will receive a receipt.
- It will take two days for the transaction to be recorded in your card account.
- Visa Bill Pay:
Through this facility, the cardholder can make a one-time payment or set Standing Instructions for recurring monthly payments. - Bill Desk:
To make payment through Bill Desk, register on the Bill Desk payment portal for free. Your online ID will be mentioned in the Credit Card bill statement. - Internet Banking:
If you are a customer of Bank of Baroda, then the card payment can be done through their net banking facility. For this, you will have to register for the net banking facilities and obtain a login ID and transaction ID for making any transaction. - Auto-debit:
If you are a customer of Bank of Baroda, you can give auto-debit instructions on your Savings Bank Account to debit the bill amount month on month. To enable ECS for the Credit Card payment, the cardholder must fill in the ECS form and submit at any of the branches of Bank of Baroda. - By Cheque:
You can also make payment through a Cheque. You will have to mention the 16-digit card number as Payee's name. The cheque can be dropped at any dropbox of Bank of Baroda. - By Cash:
You can deposit cash at any of the Bank of Baroda branches towards the Credit Card payment. - By NEFT/ RTGS:
Credit Card payment up to 2.00 Lakh can be made through NEFT and payment beyond 2.00 Lakh can be made vide RTGS. For this, the customers have to give the following details - IFSC Code of the Bank:
Payee's Account No/ Beneficiary?s Account Number will be the 16-digit Card Number - The Account Number from which the amount has to be debited.
- Name of the Bank
- Branch
- Amount to be paid
Bank of Baroda Credit Card Customer Care Numbers
The following numbers can be contacted for any queries regarding Bank of Baroda Credit Cards.
- 1800-103-1006
- 1800-225-100
- 1800-23-224 to track the status of the Credit Card application
- For hot listing/ blocking of the card, contact: +91 9323803935
Bank of Baroda Credit Card FAQs
The standing instructions for the debit of the particular account, as requested by the cardholder, will be set for a particular date, which will be before the Credit Card due date. If the date on which the debit has to be carried out is a holiday, then the debit will be done on the next working day.
The loss/ theft of the card should be reported immediately to the Bank through their customer care helpline, the moment it is noticed. The card will be blocked, and a new card will be issued within 7 days. In the case the card is stolen, an FIR has to be lodged at the police station of the jurisdiction, and a copy of the same has to be submitted to the Bank.
If the card is damaged, then the card has to be dispatched to any of the addresses of the Bank of Baroda branches mentioned in their official website. The damaged card will be replaced and sent to your registered residential address.
No, the add-on cardholder shares the credit limit of the primary cardholder.
The cardholder has to register the Credit Card on the link provided in the official website of the bank and generate a password that will be used for all online transactions. This will be an added authentication for all the online transactions. Whenever asked during online transactions, the cardholder has to provide this registered password. The same process has to be repeated in case a new card/ replacement card is issued.
This registration will enable the cardholder to access the Credit Card account, make bill payments, and for other various requests made online.
To check the Credit Card Application Status online, you will have to follow a few simple steps:
- Visit the official website of the bank, exclusive for Credit Cards.
- On the left side of the website, there is a Customer Corner option.
- On clicking the Customer Corner, "Track Application Status' will pop-up. Select the option.
- You will be directed to the Track Application Status page, where you will be provided application number and date of birth.
- Click on 'Get Details' after providing the required information.
- Once the details are submitted, the status of the application will appear.
- It will either be 'in progress or approved.'
- 'In progress" indicates that the processing of the application is ongoing.
- 'Approved' means the decision has been taken, and the card is ready for printing and dispatch.
- On dispatch of the card, the status on the site will change to ?Dispatched."
- Another option, "Track Dispatch Details' is also available wherein you can check the status of the speed post/ courier. An AWB number is required to check this status.
During the application processing, if there are any discrepancies noticed, the representatives of the Bank will contact you.
You will have to check the status a week after the submission of the application.
To check the status of the application offline, you will have to call the Customer Care helpline No. 1800-223-224. Keep your application number ready before calling. Alternatively, you can visit any of the Bank of Baroda branches to track the application status.
You will have to ideally wait for 3 to 6 months to reapply for the card. If the card was rejected due to a low credit score, then you will have to take the necessary steps to boost your credit score. Thereafter, you should check your credit score before applying for the card once again.
You can generate a PIN for your Credit Card following simple steps mentioned below:
- Visit any Bank of Baroda ATM. Insert the card and choose the preferred language.
- Select 'Generate Pin with OTP' option.
- An OTP will be sent to your registered mobile number immediately on selecting the option.
- Enter the OTP.
- Now you can enter the desired 4-digit PIN. This PIN can be used for all the transactions done on the card.
- Never share this PIN with anyone.