BOB Snapdeal Credit Card​

The Snapdeal BOBCARD is a co-branded shopping credit card issued by BOBCARD (earlier BOB Financial Solutions, Bank of Baroda subsidiary) together with the online shopping platform Snapdeal. Basically, this card is kept for people who do online purchases regularly, because whatever reward comes, it is given as direct cashback in the statement itself — no need to collect points and then redeem separately.

As per JCB Global, the card was officially launched on 2 September 2022 with the partnership of BOB Financial Solutions Limited, Snapdeal, NPCI, and JCB International. It is a RuPay Platinum Card. It is not available in the Visa and Mastercard networks. The main attraction here is the 5% unlimited cashback, so if someone is shopping online via Snapdeal quite often, then this card actually suits that type of usage. Let’s talk Cashback benefits –

Snapdeal BOB Credit Card Cashback Benefits by Category

This credit card basically has three reward levels depending on where you spend:

1. 5% unlimited cashback on the Snapdeal website and app
2. 2.5% cashback on other online shopping, grocery, and departmental stores (monthly cap 2,000 points)
3. 1% cashback on all other retail spends

1. How the Cashback System Works

The Snapdeal BOBCARD follows a points-to-cashback model. Whenever you spend on the card, you earn reward points, and those points later get converted into rupees and adjusted directly in your card statement (your bill amount reduces).

Unlike the Flipkart Axis Bank card, which shows straight percentage cashback immediately, here you will first see reward points. After conversion, they become a statement credit. So basically, the reward money goes into your card bill/limit adjustment, not like your Bob catalogue redemption or gift voucher selection.

The card follows a points model, but is designed so it feels like percentage cashback.

Earning of Points (per ₹100 spent):

1. Snapdeal purchases – 20 points (approx 5% cashback)
2. Other online shopping/grocery/departmental stores – 10 points (approx 2.5%)
3. All other spending – 4 points (approx 1%)

Point Value: 1 Reward Point = ₹0.25. So, whatever points you collect, multiply by ₹0.25, and that becomes your cashback amount. Earlier, these points used to convert automatically and adjust in the next month’s statement, so the customer didn’t have to do anything.

2. Important Change (From 1 July 2025)

As per BOB’s new policy, a change has come. Auto-redemption facility has been stopped. Your Reward Points will not convert automatically anymore. You have to manually redeem them from the BOBCARD mobile app or customer portal.

Minimum requirement: You need at least 1,000 reward points (equal to ₹250) to redeem against your card bill.

3. Example (How You Actually Earn)

Suppose in one month you spend ₹10,000 total:

Since total points are more than 1,000, you can redeem them, and ₹345 will be adjusted in your next statement. So, in simple words, it is a cashback card only, but internally it runs on a points system. If the customer understands this small difference and redeems on time, then the benefits come properly.

What are the Additional Top 9 Features or Benefits (Apart from Cashback)

Beyond the cashback and reward points part, the Snapdeal BOBCARD also gives some regular banking-type facilities and small lifestyle benefits, which customers usually ask about at the branch level.

1. Welcome Snapdeal Vouchers
If you start using the card within the first 30 days after issue, you can get Snapdeal vouchers up to ₹500. Basically bank wants you to activate and use the card early.

2. Activation Bonus Points
On spending ₹5,000 or more within 60 days, you also receive 500 extra reward points (around ₹125 value). (Note: UPI transactions count for normal reward points but not for activation bonus.)

3. Fuel Surcharge Waiver
1% fuel surcharge waiver is available at petrol pumps across India for transactions between ₹400 and ₹5,000. Your Monthly maximum waiver is ₹250, so regular fuel users get some small savings.

4. Free Add-on Cards
You can take up to 3 lifetime free add-on cards for family members — spouse, parents, siblings or children above 18. They use the same limit, but no extra annual fee.

5. Smart EMI Conversion
Any purchase of ₹2,500 or above can be converted into EMI. Tenure options normally range from 6 to 36 months, useful when a customer buys a mobile or appliance.

6. Interest-Free Period
You will get up to 50 days of interest-free credit is available, provided the full bill is paid on or before the due date. So proper payment habit means no interest.

7. RuPay UPI Linking
Since it is a RuPay card, it can be linked with UPI apps like Google Pay or PhonePe. You can scan and pay directly from your credit card instead of your bank balance.

8. Revolving Credit Facility
The customer can pay only the Minimum Amount Due if needed and carry forward the balance. The bank allows flexibility, but interest will apply on the remaining amount.

9. Zero Liability Protection
If the card is lost or stolen and you inform the bank immediately, you are not liable for fraudulent transactions done after reporting. So, security-wise, it is safe.

Overall, apart from cashback, these are the practical day-to-day features, small but useful, which make the card workable for normal usage.

What Are the Charges on the Snapdeal BOBCARD

The card charges are quite simple. Mostly, it includes joining/annual fee and then some usage-based charges depending on how you use the card. (And honestly, I also personally hold this card — overall, it feels a low-cost card in nature compared to many others.)

Below is the easiest way to understand: first, fixed yearly costs, then the penalty/usage charges.

1. Basic Card Fees

In real use:

• Most active users don’t actually pay the annual fee.
• The welcome voucher almost covers the joining fee, so the starting cost feels very low.

2. Usage, Interest & Penalty Charges

Late Payment Fee (depends on bill):

• Up to ₹100 → Nil
• ₹101–₹500 → ₹100
• ₹501–₹1,000 → ₹400
• ₹1,001–₹10,000 → ₹750
• ₹10,001–₹25,000 → ₹950
• ₹25,001–₹50,000 → ₹1,100
• Above ₹50,000 → ₹1,300

Eligibility, Salary & Credit Limit (Simple Branch Explanation)

For this card, the bank mainly checks three things — your age, income and credit history. Based on that, only approval and limit are decided.

1. Basic Eligibility

• Must be an Indian resident
• Salaried person: 21 to 60 years
• Self-employed: 24 to 65 years
• Add-on card: 18+ years (family member can use your limit)

Nothing very complicated here — it’s a normal entry-level card, so approval chances are decent if the profile is clean.

2. Minimum Income Requirement

In simple words: If the salary is around ₹25k–₹30k monthly and the bank statement is proper, usually the application goes through.

3. Credit Limit (Mini, Average, Max)

The bank never fixes one standard limit. It depends on income, CIBIL score (around 750 preferred), and repayment history.

• Minimum (Start limit): around ₹15,000
• Typical/Average: ₹50,000 – ₹75,000 (for ~₹30k monthly salary profile)
• Higher side: generally up to 2–3× your monthly salary initially

Later, after 6–9 months of good usage and on-time payment, the bank itself increases the limit sometimes.

If you already have a Bank of Baroda account, chances improve. Many times pre-approved offer comes, and the paperwork becomes very little. You can even check inside the Bob World app — sometimes the limit and approval are already ready there.

Drawbacks of the Snapdeal BOBCARD

Like every card, this one also has some limitations. Better to know before applying.

1. Manual Redemption (new rule): From 1 July 2025, points no longer auto-credit. You have to open the BOBCARD app/portal and redeem yourself. Minimum 1,000 points (₹250) required, otherwise points just sit there.
2. Platform-dependent rewards: Full 5% benefit only on Snapdeal. If you mostly shop on Amazon or Flipkart, return drops to 2.5% or even 1%.
3. Reward cap on 2.5% category: Online shopping and grocery rewards are limited to 2,000 points per statement cycle, so heavy spenders won’t get unlimited benefit there.
4. No lifestyle perks: No airport lounge, no dining program, no travel miles. It’s a basic shopping card, not a premium card.
5. Low point value: 1 point = ₹0.25 only. Some other cards give direct cashback, so people sometimes feel the value is slightly less.

How to Apply Online (Easy Way)

You can apply fully online. First, check eligibility on Easemoney, then you’ll be redirected to the official BOBCARD page to complete the application.

Process normally goes like this:

• Fill basic details (mobile, PAN, address)
• Aadhaar OTP verification
• Upload documents (sometimes not needed if credit score is good)
• Video KYC + e-sign

After that, a representative may call just for a small confirmation, and the application is done.

Documents usually ask –

• PAN and Aadhaar (mandatory)
• Salaried: last 2 months bank statement (salary credit)
• Self-employed: ITR + last 3 months bank statement

In many cases, if your CIBIL score is strong, income proof is not asked at all.

Similar Cards in the Market

If your shopping is spread across different platforms, these cards may suit you better:

Snapdeal BOBCARD is best only if Snapdeal shopping is regular. If you shop everywhere, then a universal cashback card may give more overall value.

Remaining Questions