M16S / Bank of Baroda / Bank of Baroda BOBCARD Vikram
entry · rewards, lifetime-free
Bank of Baroda BOBCARD Vikram
The Bank of Baroda BOBCARD Vikram charges no annual fee and no joining fee. Its base return is 0.25% (1 RP per Rs 100). Accelerated earn: 5 RP per Rs 100 (5X) on movies and departmental stores. The forex markup is 3%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- 0.25%
- Forex markup
- 3%
- Interest
- 3.49%a month
Apply on bobcard.co.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Lifetime free; up to 3 lifetime-free add-on cards. |
Rewards
| Welcome benefit | 3-month JioHotstar subscription on first transaction within 30 days; 500 RP on Rs 5,000 spend within 60 days |
|---|---|
| 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 |
| Accelerated earn | 5 RP per Rs 100 (5X) on movies and departmental stores |
| Caps | 5X earn capped at 1,000 RP per month; UPI earns 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 | base_return_pct = 1 RP x Rs 0.25 / Rs 100 = 0.25%; 5X categories return 1.25% until the cap. |
Travel and perks
| Forex markup | 3% |
|---|---|
| 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 monthunverified | 3.49% |
|---|---|
| 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 | Designated personnel of India's defence, paramilitary and police forces; age 18-60 (Telangana Police 18-61) |
| 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. Product page quotes a service charge of 3.49% per month, lower than the MITC's generic 3.75%; page value recorded. |
Questions
- What is the annual fee of the Bank of Baroda BOBCARD Vikram?
- No annual fee.
- What is the forex markup on the Bank of Baroda BOBCARD Vikram?
- 3% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Bank of Baroda BOBCARD Vikram?
- 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.