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

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

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

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 Prime

entry · secured, lifetime-free, rewards

Bank of Baroda BOBCARD Prime

Bank of BarodaLast checked 11 Oct 2026fees only

The Bank of Baroda BOBCARD Prime charges no annual fee and no joining fee. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

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

Annual fee: Free
Fee waived at: —
Base return: —
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	Free
Fee notes	Lifetime free: no joining or annual fee.

Rewards

Reward currency	BOBCARD Reward Points
Point value	1 Reward Point = Rs 0.20 as cashback (lower than the Rs 0.25 on other BOBCARD cards)
Caps	UPI spends: max 500 RP per statement cycle, core points only
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	Product page gives the redemption value (Rs 0.20 per point) but not the earn rate, so base_return_pct is left null.

Travel and perks

Forex markupunverified	3.5%
Fuel surcharge waiverunverified	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 monthunverified	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	Issued against a Bank of Baroda fixed deposit of Rs 15,000 or more with lien marked on the FD; no income proof; guaranteed issuance except for CIBIL-delinquent applicants; age 18-85. NRIs need an NRO/NRE account with BOB.
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. Secured card. Earn rate and limit as a share of the FD are not printed on the product page. Not named in the Apr 2026 generic MITC, so the generic forex, interest and fuel terms are assumed.

Questions

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