Bank of Baroda SWAVLAMBAN Credit Card

The cardholders can benefit from the following features provided by the Bank of Baroda on this credit card:

• Rewards Benefits: 2 reward points on every Rs. 100 spent on select MCCs. 4 reward points per Rs. 100 spent on all other MCCs with maximum limit of up to 800 reward points per statement cycle.
• Card Fee Waiver: First year annual fee reversal on spending Rs. 2,500 within 60 days of card setup. Annual fee waiver applicable on spending Rs. 12,000 in a year.
• No Overlimit Charges: Use up to 105% of your credit limit without paying any overlimit charges
• Fuel Surcharge Waiver: 1% fuel surcharge waiver of up to Rs. 250 per statement cycle at all fuel stations in India on transactions between Rs. 400 and Rs. 5,000
• Free Add-on Cards: Up to 3 lifetime free add-on cards for family members above the age of 18 years, including your spouse, siblings, kids or parents
• Other Benefits: No lost card liability for fraudulent transactions on reporting the card loss, free personal accidental death insurance cover, and EMI conversion of purchases above Rs. 2,500 for the tenures of 6 to 12 months.

SWAVLAMBAN card can be categorised as an entry-level credit card for beginners with its low annual fee, basic features and rewards program. You can earn a maximum of 800 reward points in a statement cycle at a reward rate of up to 4 reward points per Rs. 100. You can also waive off the annual fee on reaching the annual spending milestone of just Rs. 12,000, which can be easily achieved, and get this card for free. Another attractive feature of this card is that you can spend up to 5% beyond your card limit without getting charged with any overlimit fee and also avail fuel surcharge waiver.

Overall, this card offers standard features and benefits which are adequate for those who are new to credit cards and want their rewards on purchases in the form of reward points. However, compared to other rewards credit cards in the market, the rewards rate on SWAVLAMBAN credit card is a bit low. To get a better rewards program on your credit card, check out the Best Rewards Credit Cards in India.

The following fees and charges are applicable to the SWAVLAMBAN BOB credit card:

Click here to view card-related terms and conditions, along with other fees and charges.

You must satisfy the following eligibility criteria to be able to get this Bank of Baroda credit card:

Here are a few credit cards with zero to low annual fees which provide considerable returns on online shopping and other purchases in the form of reward points and cashback.

Q. Why is the annual fee not reversed on my BOB SWAVLAMBAN credit card?
A. The annual fee of SWAVLAMBAN credit card is reversed on spending Rs. 2,500 within 60 days of card setup. However, the reversed fee is reflected in the 4th statement from the month of card issuance if you have paid all your due payments.

Q. Can I make contactless payments with SWAVLAMBAN BOB credit card?
A. Yes, you can make contactless payments using your BOB SWAVLAMBAN credit card. These contactless payments can only be made for the transactions of up to Rs. 5,000.

Q. Do I get reward points on my fuel transactions using my SWAVLAMBAN BOB credit card?
A. No BOB reward points can be earned fuel transactions. You can get reward points on certain valid MCCs only which can later be redeemed as cashback or against the rewards catalogue.

Q. Do my Bank of Baroda credit card reward points expire?
A. Yes, the Bank of Baroda reward points come with a validity of 2 years from the date of their accrual.