What is the annual fee of the Bank of Baroda BOBCARD Micro Enterprise?

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 Micro Enterprise?

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

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

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 Micro Enterprise

entry · business, rewards

Bank of Baroda BOBCARD Micro Enterprise

Bank of BarodaLast checked 11 Oct 2026

The Bank of Baroda BOBCARD Micro Enterprise 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.

Annual fee: Rs 500+ GST
Fee waived at: Rs 50,000annual spend
Base return: 0.25%
Forex markup: 3.5%
Interest: 1.5%a month

Apply on bobcard.co.inOpens the bank’s own page.

Fees

Joining fee	Rs 500
Annual fee	Rs 500
Annual spend that waives the fee	Rs 50,000
Fee notes	Joining fee Rs 500 'waived as a service gesture'. Annual fee Rs 500 waived on annual spends of Rs 50,000.

Rewards

Reward currency	BOBCARD Reward Points
Base earn	1 RP per Rs 100
Base return	0.25%
Point value	1 RP = Rs 0.25 as cashback, or Rs 0.15 when used to pay
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%.

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

Charges and eligibility

Interest per month	1.5%
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	Micro enterprises registered on the Government of India's JanSamarth portal; primary cardholder age 21-65
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. Finance charge on this card is 1.5% per month (18% p.a.) per the product page, well below the generic MITC rate. The card is not named in the Apr 2026 generic MITC.

Questions

What is the annual fee of the Bank of Baroda BOBCARD Micro Enterprise?: 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 Micro Enterprise?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Bank of Baroda BOBCARD Micro Enterprise?: 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.