Bank of Baroda Premier Credit Card

The BOBCARD Premier Credit Card (earlier called Bank of Baroda Premier) is a mid-range travel and dining card mainly suited for people who travel sometimes and also spend on restaurants. It has an annual fee of Rs. 1000, but right now it is being issued lifetime free under an offer valid till 31 March 2026, so no yearly fee tension if approved during this period.

The credit card is available on RuPay as well as the Visa network. Earlier, it used to be mostly Visa Signature, but now many customers prefer the RuPay version because it can be linked with UPI — small shop payments and QR scan payments can be done directly from a credit card.

Recent News: As per CNBCTV18, on 10 February 2026, BOBCARD Limited launched a new Braille-enabled Premier card for visually impaired users, announced in collaboration with the Indian Blind Women’s Cricket Team. The card has raised Braille markings so the holder can identify orientation and usage easily. Overall, it still remains a travel-focused lifestyle card with RuPay support and inclusive design.

What are the Welcome and Travel Benefits of the Premier Card?

The Premier Credit Card is positioned as a travel OR lifestyle card — suitable for people who book flights sometimes, dine outside and want basic airport comfort without a high annual fee burden.

1. Welcome & Fee Waiver Benefits

• Spend ₹5,000 within 60 days of card issue and get 500 bonus reward points.
• If you spend ₹10,000 in the first 60 days, the normal joining fee gets waived.
• Additionally, if yearly spending reaches ₹1,20,000 in the card anniversary year, the annual fee is also waived.
• Right now, as I already mentioned, applications submitted before the end of March 2026 are being issued Lifetime Free, so most customers will not pay a fee if approved during the offer period.

2. Airport And Travel Benefits

• 1 complimentary domestic airport lounge visit every calendar quarter.
• From 1 January 2025, you must spend ₹20,000 in the previous quarter to unlock the next quarter’s lounge visit (the first quarter is allowed for new cardholders without the spend condition).
• Earn 5X rewards (10 points per ₹100) on travel bookings and international transactions.
• You can also check the eligible airport lounges from the official lounge list PDF provided by the card issuer.

3. Insurance & Fuel Savings

• Complimentary personal accident insurance:
  • Air accident cover: up to ₹50 lakh
  • Non-air accident cover: up to ₹10 lakh
• 1% fuel surcharge waiver at petrol pumps for ₹400–₹5,000 transactions (maximum ₹250 per statement cycle).

Simple understanding: keep quarterly spending active, and this card gives lounge entry plus travel rewards; if the card is unused, benefits will automatically stop next quarter.

Additional Benefits & Features For You

1. Dining & Lifestyle

• 5X reward points on dining — earn 10 points per ₹100 spent at restaurants.
• On all other normal spending categories, you earn 2 reward points for every ₹100 spent (except fuel and excluded transactions).
• Regular online shopping discounts and partner brand offers are available from time to time.
• 24×7 concierge service for bookings, travel help, reservations and small assistance requests.

2. Financial & Card Usage

• Smart EMI: purchases ₹2,500 or more can be converted into EMI (6 to 48 months options).
• Up to 50 days interest-free period if the full bill is paid on time.
• Minimum due payment option available (balance carries forward at ~3.75% monthly interest).
• Zero lost card liability if the card loss is reported within 24 hours.
• Contactless tap-and-pay is supported for fast, secure payments.

3. Family & Protection

• Up to 3 add-on cards are lifetime free for spouse, parents, siblings or children above 18 years.

real understanding: this card is not only for travel, but dining, shopping and EMI flexibility are also main use cases, so even non-travellers can still take advantage if they spend regularly.

How the Reward Points Redemption Works

See, this card’s reward system is simple. Points you earn are not complicated miles or vouchers only — you can directly convert into cashback in your card statement or take shopping vouchers/products.

1. Reward Value

• 1 Reward Point (RP) = ₹0.25
• Minimum redemption is normally 500 points (₹125 value) required.
• You can redeem for:
  • Statement cashback (bill amount reduces)
  • Gift vouchers (Amazon, Myntra, etc.)
  • Items from the Baroda Rewardz catalogue

2. Real-Life Spending Example

Suppose one month you used a card for normal expenses and the total spending became ₹40,000:

Redemption value: 2,400 points × ₹0.25 = ₹600 cashback. So, practically your ₹40,000 monthly spending gives around ₹600 return (~1.5% real value).

Note: Accelerated rewards are usually capped at around 2,000 points per billing cycle; after that, extra spending earns the normal rate.

3. How to Redeem Points

1. Log in tothe BOBCARD online account → open Redeem Points section → choose cashback or voucher.
2. Check points by SMS: send REWARD XXXX (last 4 digits of card) to 9223172141.
3. Or call customer care OR email support, and place a redemption request.

Tip: Best value usually comes by redeeming as statement cashback, because it directly reduces the next month’s credit card bill.

What are the Eligibility, Limit & Charges?

See, this is not a beginner card. The bank keeps it for stable income customers, mostly salaried or established self-employed. Students usually don’t get this unless they have income proof.

1. Who is Eligible

• Salaried employees: age 21–60 years
• Self-employed/business: age 24–65 years
• Minimum income around ₹7.2 lakh yearly (≈ ₹60,000 monthly)
• PSU/Government staff are highly preferred because job stability is strong
• Having a Bank of Baroda salary account improves approval chances
• Students: generally not eligible (only possible if earning or applying with parent support)
• Recommended credit score 750+ for smooth approval

2. Credit Limit

There is no fixed limit. The bank decides after checking:

• salary/ITR income
• CIBIL repayment history
• existing loans or EMIs

Typical starting limits for this level card are often higher than entry cards (many cases above ₹50,000, depending on profile). Cash withdrawal limit: about 40% of the total credit limit.

3. Interest rate & Charges

Simple advice: this card suits regular earners with a stable job. If income is low or credit history is new, the bank may decline or suggest entry-level card instead. Always pay full bill — interest 3.75% monthly becomes very costly if the balance is carried forward.

BOBCARD Premier Credit Card — Pros, Cons & Apply Process

1. Pros & Cons (Easy Understanding)

Real insight: This card becomes useful only if you travel, dine outside or spend ₹15k–₹25k monthly. If you use only for grocery and bill payments, reward value feels weak.

2. Before Applying (Easemoney Tip)

You can first check eligibility on Easemoney by checking your credit score. If score is good (around 750+), you may directly see eligible offer and then continue application to bank portal without document confusion.

3. How to Apply

Online (Recommended)

1. Visit BOBCARD official website and click Apply Now.
2. Enter personal details and verify mobile OTP.
3. Fill occupation, income and address details.
4. Upload PAN/Aadhaar documents.
5. Aadhaar e-sign and complete Video KYC verification.

Offline

• Visit any Bank of Baroda branch and fill physical form.
• Or call customer care 1800 223 224 to start a request.

4. Documents Required

Note: Existing Bank of Baroda customers sometimes get pre-approved offers, where documentation is minimal, and approval becomes faster.

FAQs