Bank of Baroda Premier Credit Card

Bank of Baroda Premier Credit Card provides accelerated reward points on purchases made through Premier mobile app or website. The credit card also offers other interesting features and benefits including zero fuel surcharge on fuel spends, complimentary insurance cover, zero liability on the lost card, free airport lounge visits, and lot more. Continue reading to know more about the benefits offered by BOB Premier Credit and the process to apply for it online.

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Features and Benefits of Bank of Baroda Premier Credit Card

  1. Reward points programme:
    1. Earn 1 reward point on every Rs.100 spent on all categories.
    2. 5X more rewards on travel, dining, and international spends.
    3. Redeem reward points for cashback or other exciting gifts and vouchers.
  1. Exclusive premier privileges: Free access to more than 35 airport lounges located across 22 Indian cities and 24x7 concierge assistance for cardholders.
  1. Annual fee waiver: Spend Rs.10,000 in the first 60 days of availing the credit card and Rs.1.2 lakh in a year to avail annual fee reversal.
  1. Easy EMI: Any card purchases above Rs.2,500 can be converted into easy monthly instalments (EMIs) and can be repaid in 6 or 12-month tenure.
  1. Lifetime-free add-on cards: Cardholders can avail up to three add-on credit cards which carry the same benefits as the primary card. The add-on cards are offered free for lifetime. Add-on cards can be availed by the spouse, parents, sibling and kids above 18 years of age.
  1. Complimentary insurance cover: The BOB Premier Credit Card provides a personal accidental death insurance cover to financially protect the cardholder and his/her family. The insurance is offered for free.
  1. Zero liability on lost card: Report the loss of BOB Premier Credit Card within 24 hours and remain 0% liable for any fraudulent transaction that takes places after that.
  1. Other features: The credit card provides an interest-free period of up to 50 days. Revolving credit facility available on payment of the minimum amount due.
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Bank of Baroda Premier Credit Card Fees and Charges

Fee Type

Amount

First-year fee

Rs.1,000

Annual fee

Rs.1,000

Cash withdrawal fee (Domestic ATMs)

2.5% of the transaction amount subject to a minimum of Rs.300

Cash withdrawal fee (International ATMs)

3.0% of the transaction amount subject to a minimum of Rs.300

Finance charges or interest

3.25% per month or 39% per annum

Duplicate bill fee

Rs.25 per request

Cheque return charges

2% of the cheque amount or Rs.300 whichever is higher

Over limit charges

1% if the usage exceeds the sanctioned credit limit per month

Card replacement charges

Rs.100 per request

Foreign currency transaction fee

3.5% of the transaction amount

Charge slip retrieval charges

Rs.250 per slip

Card de-blocking charges

Rs.300 per instance

Late payment charges

  1. < Rs.200 - NIL
  2. Rs.201 to Rs.500 - Rs.100
  3. Rs.501 to Rs.1,000 - Rs.400
  4. Rs.1,001 to Rs.10,000 - Rs.500
  5. More than 10,001 - Rs.750
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Eligibility to Apply for Bank of Baroda Premier Credit Card

  1. For salaried, gross income should be Rs.3 lakh or above per year
  2. For companies and private firms, paid-up capital should be Rs.25 lakh or above

Documents Required to Apply for BOB Premier Credit Card

  1. For salaried
    1. A personal account with BOB
    2. Latest Form 16 or ITR copy
    3. Address proof copy
    4. Identity card copy, and,
    5. A photograph
  2. For self-employed
    1. Last three years' audited balance sheet
    2. Profit and loss account
    3. Address proof copy
    4. Identity card copy and
    5. A photograph

How to Apply for Bank of Baroda Premier Credit Card

To apply for BOB Premier Credit Card, customers need to download the application form from the BOB official website, fill in the required details, attach the supporting documents and submit it at the nearest BOB bank branch office.

BOB Premier Credit Card application is available on the webpage.

Fill all the details accurately, sign in the appropriate boxes, paste a recent photograph, attach the required documents and submit it at any of your nearest BOB bank branch offices.

Alternatively, you can also send an SMS to apply for BOB Premier Credit Card from your registered number in the format mentioned below.

'Apply ' to 9223990624

The bank will give you a call and will take you through the application process.

FAQs on Bank of Baroda Premier Credit Card

  • Can I earn reward points for international spends?

    Yes, you will earn 5X reward points for international spends as well.

  • Is the waiver of joining/ annual fee applicable only to non-delinquent credit cardholders?

    Yes, the joining or annual fee waiver is applicable only to non-delinquent credit cardholders.

  • Does the Bank of Baroda Premier Credit card have the revolving credit facility?

    Yes, the facility of revolving credit is available.

  • Do I need to pay late payment charges if the outstanding amount is less Rs.200?

    If the outstanding amount is less than Rs.200, you do not need to pay late payment charges.

  • What is the format to applying for a Bank of Baroda Premier Credit card using the SMS facility?

    To apply for a Bank of Baroda Premier Credit card through SMS, you need to type 'Apply' and send it to 9223990624.

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