M16S / Bank of Baroda / Bank of Baroda BOBCARD Corporate
mid · business, rewards
Bank of Baroda BOBCARD Corporate
The Bank of Baroda BOBCARD Corporate costs Rs 1,000 a year, waived if you spend Rs 1,00,000 in a year. Its base return is 0.25% (1 RP per Rs 100). The forex markup is 3.5%. Lounge visits in India: 8 domestic lounge visits per year. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 1,000+ GST
- Fee waived at
- Rs 1,00,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on bobcard.co.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 1,000 |
| Annual spend that waives the fee | Rs 1,00,000 |
| Fee notes | Zero joining fee. Annual fee Rs 1,000 waived on Rs 1 lakh spend in the anniversary year (MITC 'Corporate Global'). |
Rewards
| Reward currency | BOBCARD Reward Points |
|---|---|
| Base earn | 1 RP per Rs 100 |
| Base return | 0.25% |
| Point value | 1 Reward Point = Rs 0.25 as cashback |
| Spends that earn nothing | Fuel and 'select MCCs' earn no points (the MCC list is not on the product page). UPI spends earn core points only, no accelerated or bonus points. |
| Points expiry | No fixed expiry period published; points lapse if the card is unused for more than 365 days or on closure/delinquency (MITC) |
| Reward notes | base_return_pct = 1 RP x Rs 0.25 / Rs 100 = 0.25%. Earn rate and lounge count are from Bank of Baroda's card listing. |
Travel and perks
| Domestic lounge | 8 domestic lounge visits per year |
|---|---|
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% waiver on fuel transactions of Rs 400-5,000, cap Rs 250 per statement cycle; GST not reversed; waived fuel transactions earn no points |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | Statement balance below Rs 100: Nil; Rs 100-500: Rs 100; Rs 501-1,000: Rs 400; Rs 1,001-10,000: Rs 750; Rs 10,001-25,000: Rs 950; Rs 25,001-50,000: Rs 1,100; above Rs 50,000: Rs 1,300 |
| Cash advance fee | 2.5% of amount or Rs 500, whichever is higher |
| Eligibility | Companies with an existing Bank of Baroda relationship (CC/OD, current account or fixed deposit); sole proprietorships not eligible. Three years of financials required. |
| Fine-print notes | MITC (ver 2.0, Apr 2026) surcharges that eat into returns: rent (MCC 6513) 1%; wallet loads 1%; utility payments of Rs 50,000+ 1% (max Rs 3,000); fuel transactions of Rs 10,000+ 1%; online education payments via listed apps 1% (max Rs 5,000); toll/bus of Rs 5,000+ 1%; railway bookings of Rs 30,000+ 1%. Over-limit fee 2.5% or Rs 600. Points lapse if the card is unused for more than 365 days, on closure, or if dues stay unpaid over 90 days. Redemption only through the BOBCARD portal or app. Card issued by BOBCARD Ltd, a Bank of Baroda subsidiary. Add-on cards carry no fee. |
Questions
- What is the annual fee of the Bank of Baroda BOBCARD Corporate?
- Rs 1,000 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
- Does the Bank of Baroda BOBCARD Corporate give airport lounge access?
- Yes. In India: 8 domestic lounge visits per year. Outside India: none listed.
- What is the forex markup on the Bank of Baroda BOBCARD Corporate?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Bank of Baroda BOBCARD Corporate?
- Fuel and 'select MCCs' earn no points (the MCC list is not on the product page). UPI spends earn core points only, no accelerated or bonus points.