Bank of Baroda Prime Credit Card

This BoB Credit Card comes with the following benefits that can help the card user save:

Rewards Program

• Earning Rate: 2 reward points for every Rs. 100 spent
• Exclusions: Fuel, agriculture, contractor, transportation, rent, insurance, telecom, supermarket, convenience store, fast food restaurants, wallet, hospitals, education, govt., and charity related spends
• Redemption Value: 1 Reward Point = Rs. 0.20

Other BOBCARD Prime Benefits

• Welcome Benefit: 500 reward points on spending a min. of Rs. 5,000 within 60 days of card issuance
• Insurance Coverage: Cover worth Rs. 15 lakh for air and Rs. 5 lakh for non-air personal accidental death
• Fuel Benefit: 1% fuel surcharge waiver of up to Rs. 250 per month on fuel spends of Rs. 400 to Rs. 5,000

BOBCARD Prime is one of the Bank of Baroda credit cards issued against FD which does not charge any annual fee. It offers savings in the form of reward points on card spends which can be redeemed as cashback in 10:1 ratio. This reward rate is accompanied by a welcome bonus worth Rs. 100. The cardholders also get the benefit of zero lost card liability and personal accidental death cover, along with fuel surcharge waiver. This card also comes with the option to avail up to 3 free add-on cards. Though the card benefits may seem limited, such secured credit cards are a good option for new-to-credit customers who wish to build their credit score and are not eligible for any unsecured cards.

Get this card if:

• You are a beginner with no credit history
• You have low credit score and do not qualify for an unsecured credit card
• You are looking for a lifetime-free card
• You want a card with basic rewards benefits

Look for another card option if:

• You are eligible for unsecured credit cards
• You do not mind paying an annual fee for better card benefits
• You want a cashback card or one with more category-specific benefits

The eligibility criteria and documents required to apply for BoB Prime Credit card are as follows:

• Age: 18 to 85 years for primary card user and above 18 years for add-on card users
• Min. FD Amount: Rs. 15,000
• Documents Required: Valid FD copy, identity proof and permanent address proof

Click here for the detailed charges, terms and conditions applicable on BoB Credit Cards.

I have a low credit score. Can I still get a Bank of Baroda Prime Credit Card?
Yes, you can still apply for and get Bank of Baroda Prime Credit Card. Since this is a secured credit card, you do not require a good credit score or history. In fact you can use the card to build or improve your credit score.

What happens to the fixed deposit amount after a credit card has been issued against it?
The fixed deposit acts as a security amount against which the card is issued. You will earn interest on the deposited amount as long as you keep paying the full due amount every month. However, if you default on the payments then the bank will dissolve the fixed deposit account to retrieve the principal as well as the interest amount.

What is Bank of Baroda Credit Card customer care number?
The Bank of Baroda Credit Card customer care number is 1800 5000 or 1800 5700 (toll free) for domestic and +91 79-66296009 (toll free) for domestic customers who are calling from abroad.

I do not have a source of income. Can I get Bank of Baroda Prime Credit Card?
Yes, as long as you can open a fixed deposit account worth Rs. 15,000 or more, you can get this credit card.

How will the credit limit of BoB Prime Credit Card be decided?
Your credit limit will be decided on the basis of your fixed deposit amount.