Bank of Baroda Varunah Credit Cards

With Bank of Baroda Varunah Premium Credit Card and Bank of Baroda Varunah Plus Credit Card, you can earn multiple welcome benefits. However, the basic Varunah variant does not offer any welcome benefit. Below mentioned are the details regarding the same:

Welcome Benefits – Varunah Plus	Welcome Benefits – Varunah Premium
12 months Amazon Prime membership 1,000 reward points on card activation within 30 days FITPASS Pro membership for 3 months	12 months Amazon Prime membership 2,000 reward points on card activation within 30 days 6 months FITPASS Pro membership

The Varunah Plus and Premium variants come with annual fees, whereas the basic Varunah variant is a lifetime free card. Therefore, not providing any welcome benefits is justified for the Varunah variant. Also, the welcome benefits offered on Varunah cards vary as per the variant. The Premium variant offers better welcome benefits as it charges a higher joining fee as compared to the Plus variant. So, you can choose any of these cards depending on your requirements. If you are someone who is looking for a card that offers decent welcome benefits, then you can look for credit cards with best welcome benefits.

With each of the Varunah variants, you can earn reward points every time you use your card. However, the rewards structure vary as per the variant of your card. Here are the details regarding the same:

For Bank of Baroda Varunah Credit Card

• 5X, i.e. 5 reward points for every Rs. 100 spent on grocery & departmental stores*
• 1 reward point for every Rs. 100 spent on other categories

*5X rewards are capped at 750 reward points on the mentioned categories per month.

For Bank of Baroda Varunah Plus Credit Card

• 5X, i.e. 10 reward points for every Rs. 100 spent on travel, dining, online & international spends*
• 2 reward points for every Rs. 100 spent on other categories

*5X rewards are capped at 2,000 reward points on the mentioned categories per month.

For Bank of Baroda Varunah Premium Credit Card

• 5X, i.e. 15 rewards points for every Rs. 100 spent on travel, dining, online & international spends*
• 3 reward points for every Rs. 100 spent on other categories

*5X rewards are capped at 2,500 reward points on the mentioned categories per month.

You can redeem reward points against numerous categories at the value of 1 Reward Point = Re. 0.25.

If we look at the rewards rate then all the Varunah cards offer satisfactory rewards as per the fee charged by the respective variant. The basic variant offers a rewards rate of up to 1.25%, whereas Plus and Premium variant offers a rewards rate of up to 2.5% and 3.75%, respectively. However, the higher rewards are offered only on select categories like travel, dining, online spends, grocery purchases, etc. Besides these categories, the Varunah cards have a low reward rate for other transactions. Overall, if you are someone who frequently travels, goes out for dining and shops online, you can opt for the Plus or Premium variant as per your repayment capacity and requirements. But, if you are someone who frequently makes grocery and departmental store purchases, you should opt for the basic variant as it offers higher rewards on these categories.

Suggested read: Best Credit Cards for Reward Points

Being mid-level credit cards, Plus and Premium variants offer travel benefits in the terms of lounge access. On the other hand, the basic variant does not offer any travel benefit. Here are the benefits offered by both variants:

Bank of Baroda Varunah Plus Credit Card: 3 complimentary domestic airport lounge visits per calendar quarter for primary cardholder.

Bank of Baroda Varunah Premium Credit Card: Unlimited complimentary domestic airport lounge visits for primary cardholder.

As mentioned earlier, the basic Varunah variant is a lifetime free credit card, hence, not providing any travel benefit might not be a drawback. However, Plus and Premium variant offers complimentary domestic lounge access every quarter/ year, which is an additional advantage if you frequently travel. But, these cards are only suitable for domestic travel as they do not offer any international lounge access. You can opt for Plus or Premium variant if you frequently travel within India and are looking for an option to save on your travel. If you are someone who frequently travels domestically as well as internationally, you can look for the best credit cards for travel.

Below mentioned are some of the common benefits that are offered on all the variants:

Benefit	Varunah	Varunah Plus	Varunah Premium
Joining Fee Reversal	Lifetime free card	Reversed on spending Rs. 15,000 within first 180 days	Reversed on spending Rs. 25,000 within first 180 days
Annual Fee Waiver	Lifetime free card	Waived off on spending Rs. 1.5 lakh in a year
Fuel Surcharge Waiver	1% on your transactions between Rs. 400 to Rs. 5,000 (Max. Rs. 100)	1% on your transactions between Rs. 400 to Rs. 5,000 (Max. Rs. 250)
Smart EMI	Convert your purchases of Rs. 2,500 and above into Smart EMIs of 6 to 36 months
Interest-free Period	Up to 50 days of interest free credit from the date of any purchase
Add-on Cards	Up to 3 lifetime free add-on cards for your spouse, parents, siblings or kids (above age 18)

Also read: Top Credit Cards in India

Bank of Baroda Varunah credit cards are only offered to Indian Navy personnel. So, if you are an Indian Navy personnel who is looking for an option to save on your daily spends, then Varunah credit cards can be the right option for you. You can apply for any of these credit cards as per your requirements and repayment capacity. You should get Varunah Credit Card if:

• You are an Indian Navy personnel
• You want to earn rewards on categories like travel, dining, online shopping & international spends (for Plus & Premium variants)
• You want to earn rewards on daily expenses like grocery and department store purchases (for basic variant)
• You frequently travel and want to earn domestic travel lounge visits (for Plus & Premium variants)
• You do not want to pay an annual fee (for basic variant)
• You want welcome benefits like complimentary Amazon Prime and FITPASS Pro memberships (for Plus & Premium variants)

Apart from benefits, there are a few things that you should keep in mind before applying for any of the Varunah credit cards:

Pros	Cons
Multiple welcome benefits like free memberships & bonus rewards (Applicable for Plus & Premium variants) Complimentary lounge visits & low forex markup fee (Applicable for Plus & Premium variants) Higher reward points on select categories like dining, travel, grocery, online expenses, etc.	No complimentary international lounge visits are offered Low rewards redemption value of 1 Reward Point = Re. 0.25 Maximum capping on the 5X reward points offered on select categories No reward points can be earned on fuel transactions

Suggested read: Best Co-branded Credit Cards

The fees and charges applicable to all the Bank of Baroda Varunah credit cards are mentioned in the table below:

Type of Fee/ Charge	Varunah	Varunah Plus	Varunah Premium
Joining Fee	Nil	Rs. 1,499 (Reversed on spending Rs. 15,000 within first 180 days)	Rs. 2,499 (Reversed on spending Rs. 25,000 within first 180 days)
Annual Fee	Nil	Rs. 1,499 (Waived off on spending Rs. 1.5 lakh in a year)	Rs. 2,499 (Waived off on spending Rs. 1.5 lakh in a year)
Finance Charges	3.49% p.m. (41.88% p.a.)	3.25% p.m. (39% p.a.)
Forex Markup Fee	3.5%	2.5%	2%
Late Payment Charges	For Statement Balance: Less than Rs. 100: Nil Between Rs. 100 to Rs. 500: Rs. 100 Between Rs. 501 to Rs. 1,000: Rs. 400 Between Rs. 1,001 to Rs. 10,000: Rs. 750 Between Rs. 10,001 to Rs. 25,000: Rs. 950 Between Rs. 25,001 to Rs. 50,000: Rs. 1,100 Above Rs. 50,000: Rs. 1,300

Click here to view other related terms & conditions and fees & charges.

Q. How can I apply for Bank of Baroda Varunah Premium Credit Card?

A. You can apply for any of the Varunah credit cards online by visiting the official website of the bank. You need to look for the eligible credit card and click on ‘Apply Now’ to fill out the application form. You can also visit any of the nearest branches of the bank and submit a duly filled application form. However, you must be Indian Navy personnel to be eligible for any of the Varunah credit cards.

Q. Which Bank of Baroda Varunah credit cards is suitable for international transactions?

A. If you are someone who frequently travels and looking for an option to save on your foreign currency transactions, then Bank of Baroda Varunah Premium Credit Card is the right option for you. This credit card comes with a low forex markup fee of 2%. Besides this, you can also apply for the Plus variant as it comes with a low forex markup fee of 2.5% as compared to other credit cards.

Q. Is Bank of Baroda Varunah Credit Card lifetime free?

A. Yes, the basic variant, i.e., Bank of Baroda Varunah Credit Card comes with no joining and annual fee. However, the other two variants, i.e., Varunah Plus & Varunah Premium comes with a joining as well as the annual fee. So, if you do want to pay an annual fee and want to earn satisfactory rewards, you can apply for the basic variant.

Q. I do not have an account with the Bank of Baroda. Can I apply for Varunah Credit Card?

A. Yes, it is not mandatory to be a customer of Bank of Baroda to apply for any of the Varunah credit cards. One of the important things is that you must be an Indian Navy personnel to be eligible for this card.

Q. Can I make contactless transactions via Bank of Baroda Varunah credit cards?

A. Yes, you can make contactless transactions via Bank of Baroda Varunah credit cards. All you need to do is tap your credit card at the PoS machine to initiate the transaction. You do not require to enter an OTP or PIN to complete the transaction.