What is the annual fee of the Bank of Baroda BOBCARD Empower?

Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.

What is the forex markup on the Bank of Baroda BOBCARD Empower?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Bank of Baroda BOBCARD Empower?

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.

M16S / Bank of Baroda / Bank of Baroda BOBCARD Empower

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Bank of Baroda BOBCARD Empower

Bank of BarodaLast checked 11 Oct 2026

The Bank of Baroda BOBCARD Empower costs Rs 500 a year, waived if you spend Rs 50,000 in a year. Its base return is 0.25% (1 RP per Rs 100). The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

Bank of Baroda BOBCARD Empower card design — Card design: bobcard.co.in

Annual fee: Rs 500+ GST
Fee waived at: Rs 50,000annual 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 500
Annual spend that waives the fee	Rs 50,000
Fee notes	Zero joining fee. Annual fee Rs 500 reversed on Rs 50,000 spend in the anniversary year.

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 is from Bank of Baroda's card listing, which says points are redeemable as cashback with no cap.

Travel and perks

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
Other freebies	Business name embossed on card

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	Self-employed proprietors, age 21-65. BOB customers: annual income Rs 2.4 lakh; others: Rs 4.8 lakh. Income proof via GST registration/returns or a business loan of Rs 2 lakh+.
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 Empower?: Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.
What is the forex markup on the Bank of Baroda BOBCARD Empower?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Bank of Baroda BOBCARD Empower?: 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.