Bank of India Visa Gold Credit Card

Following are the features of this credit card-

Interest-Free Credit – The purchases that have been made through the Bank of India Visa Gold Credit Card will be interest-free for the next 51 days.

EMI Facility – The cardholder can easily convert the purchases into EMIs provided the purchase is above ₹ 5,000. Now the customers won’t have to think twice before making a purchase.

Balance Transfer Facility – The customers can transfer their outstanding balance on other credit cards to the Bank of India Visa Gold Credit Card subject to a maximum of 75% of the spending limit. The minimum amount required to avail this facility is ₹ 10,000 for other bank cards and ₹ 5,000 for India card.

Concession on Insurance – The bank has tied up with National Insurance Company Limited and cardholders can avail concessions in the premium of the mediclaim insurance policy for up to ₹ 5 Lakh.    

Withdrawal of cash – Bank of India Visa Gold Credit Cardholders can withdraw cash from any ATMs including other bank ATMs.

Revolving Credit Arrangement – Under this feature, the cardholder will have to pay 10% of the total amount before the due date. For the remaining amount, the cardholder will be charged anywhere around 1.70% interest rate per month. The customer will be charged a 2.5% interest rate if the entire amount is overdue.

Cardholders can enjoy the following benefits on this Bank of India credit card–

• Widely accepted – Bank of India Visa Gold Credit Card is a photo credit card and is accepted over 2.5 lakh merchant locations and can also be used to withdraw cash from over 90,000 ATMs.
• Attractive Interest Rates – Customers have the option to convert their total withdrawal amount into EMIs and pay at regular intervals. The Bank of India Visa Gold Credit Card has a facility of an affordable rate of interest, revolving credit facility at a preferential rate and interest rate credit for up to 51 days.
• Cash Advance Facility – The cash advance facility can be availed at more than 4,000 bank branches and there is free remittance option for credit card payment.
• Flexible Credit Limit – For supplementary cards, flexible credit limit is available.
• Perfect guidance for customers – The bank provides 24×7 toll-free customer guidance.
• Reward Programs – Reward points are available on every purchase and this makes shopping/spending more rewarding.

After providing certain documents, the banks will check eligibility and then provide Bank of India Visa Gold Credit Card with certain terms and conditions applicable.