M16S / Bank of Baroda / Bank of Baroda CMA One BOBCARD
mid · rewards, cobrand, lifetime-free
Bank of Baroda CMA One BOBCARD
The Bank of Baroda CMA One BOBCARD charges no annual fee, with a joining fee of Rs 1. Its base return is 0.25% (1 RP per Rs 100). Accelerated earn: 5 RP per Rs 100 (5X) on dining, online and utility bill spends. The forex markup is 2%. Lounge visits in India: 12 per year (3 per quarter) at partner domestic lounges. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- 0.25%
- Forex markup
- 2%
- Interest
- 3.75%a month
Apply on bobcard.co.inOpens the bank’s own page.
Fees
| Joining fee | Rs 1 |
|---|---|
| Annual fee | Free |
| Fee notes | Joining fee Rs 1; no annual fee. |
Rewards
| Welcome benefit | 6-month FITPASS Pro membership (stated worth Rs 15,000); 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 dining, online and utility bill spends |
| Caps | 5X earn capped at 1,000 RP per statement cycle; 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) |
| Milestone benefits | 4,000 RP each quarter on spends above Rs 1 lakh or the card limit, whichever is higher |
| 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
| Domestic lounge | 12 per year (3 per quarter) at partner domestic lounges |
|---|---|
| Lounge conditions | From 1 Jan 2025, requires minimum spend of Rs 40,000 in the preceding calendar quarter |
| Forex markup | 2% |
| 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 | Complimentary insurance mentioned without details |
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 | Active ICMAI members, age 21-75; net annual income / ITR of at least Rs 3 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 CMA One BOBCARD?
- No annual fee.
- Does the Bank of Baroda CMA One BOBCARD give airport lounge access?
- Yes. In India: 12 per year (3 per quarter) at partner domestic lounges. Outside India: none listed. Conditions: From 1 Jan 2025, requires minimum spend of Rs 40,000 in the preceding calendar quarter
- What is the forex markup on the Bank of Baroda CMA One BOBCARD?
- 2% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Bank of Baroda CMA One BOBCARD?
- 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.