Bank of Baroda Prime Credit Card is a secured credit card that can be issued against a fixed deposit amount of just Rs. 15,000 or more.
This card rewards purchases in the form of cashback and provides various other benefits like a fuel surcharge waiver, free add-on cards, and many more. Overall, this BOB prime credit card is one of the Bank of Baroda credit cards issued against FD.
The Prime credit card, offered by the Bank of Baroda, is secured against a Fixed Deposit (FD) of Rs 15,000 or more, eliminating the need for income proof. This credit card comes with a lifetime free membership, meaning there are no annual charges to enjoy its perks. With 4 Rewards points earned for every Rs 100 spent (equivalent to a 1% cashback) across all categories, cardholders can easily redeem these points for exclusive options like shopping or gift vouchers.
Beyond these benefits, the Bank of Baroda Prime credit card includes additional advantages such as accidental insurance cover, fuel surcharge waiver, and a zero liability cover. This card is particularly advantageous for individuals without a credit history, as it provides an opportunity to build credit without incurring annual fees.
Table of Contents
Benefits and Features of Bank of Baroda Prime Credit Card
| Benefits and Features | Bank of Baroda Prime Credit Card |
|---|---|
| Welcome Benefits | N/A |
| Cashback/Rewards Points | Cardholders will get 4 RPs on every Rs 100 spent. |
| Travel Benefits | N/A |
| Dining Benefits | N/A |
| Domestic Lounge Access | N/A |
| International Lounge Access | N/A |
| Movie Benefits | N/A |
| Insurance Benefits | Cardholders will get insurance coverage against personal accidents. |
Bank of Baroda Prime Credit Card Features
The Bank of Baroda Prime Credit Card offers a range of features, ensuring a hassle-free and rewarding experience for cardholders:
- Guaranteed Issuance: Obtain the credit card effortlessly by securing it against a fixed deposit of Rs.15,000 or more, with no requirement for income proof.
- Reward Points: Earn 4 rewards points or Re.1 on redemption for every Rs.100 spent, allowing you to accumulate benefits as you make purchases.
- No Joining or Annual Fee: Enjoy the first year without any joining or annual fees, making it a cost-effective choice.
- Fuel Surcharge Waiver: Benefit from a 1% fuel surcharge waiver on fuel purchases ranging between Rs.400 and Rs.5,000, with a maximum discount of up to Rs.250.
- Flexible Redemption Options: Choose from various options to redeem your reward points, including cashback.
- EMI Facility: For transactions exceeding Rs.2,500, avail the option of repaying the amount through EMIs, with repayment tenure ranging from 6 months to 1 year.
Bank of Baroda Prime Credit Card Benefits
In addition to the features, the BOB Prime Credit Card extends valuable benefits to enhance your overall experience:
- Lifetime Add-On Cards: Obtain up to 3 lifetime add-on credit cards for your parents, spouse, and children aged 18 and above.
- Insurance Cover: Enjoy an inbuilt insurance cover with a free Personal Accidental Death Insurance, providing financial security in the event of accidental death.
- Zero Liability Fee: Report the loss of your card immediately, and you won’t be liable for any charges, ensuring peace of mind.
- Interest-Free Credit: Benefit from 50 days of interest-free credit from the card issuance date, providing flexibility in managing your expenses.
- Convenient Repayment: Plan your spending with ease by paying the minimum amount due, offering flexibility in managing your finances.
Eligibility & Document for Bank of Baroda Prime Credit Card
Read the article on CardsPreview.com for Bank of Baroda Prime Card Eligibility & Document here.
Fees & Charges
| Fees & Charges | Bank of Baroda Prime Card |
|---|---|
| Joining fee | Nil |
| Annual fee | Nil |
| Fee waiver | N/A |
| Fuel surcharge | You will receive a 1% fuel surcharge waiver on all fuel purchases between Rs. 400 and Rs. 5,000 at all petrol stations in India using this credit card. |
How to Apply for Bank of Baroda Prime Credit Card
You can apply online or offline for this Bank of Baroda Prime Card.
Online – Visit the Bank of Baroda bank’s official website and apply for this Bank of Baroda Prime Card.
Offline – You can visit the nearest Bank of Baroda Bank branch with all the necessary documents for the Bank of Baroda Prime Card.
