M16S / Bank of Baroda / Bank of Baroda ICAI Exclusive BOBCARD
mid · rewards, cobrand, lifetime-free
Bank of Baroda ICAI Exclusive BOBCARD
The Bank of Baroda ICAI Exclusive BOBCARD 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 dining, online and utility bill spends. The forex markup is 2%. Lounge visits in India: 12 per year (3 per quarter). Read from the issuer's documents and an aggregator 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 | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Lifetime free: no joining or annual fee (MITC). |
Rewards
| Welcome benefitunverified | 500 bonus RP on Rs 5,000 spend within 60 days; FITPASS Pro membership (aggregator says 12 months) |
|---|---|
| Reward currency | BOBCARD Reward Points |
| Base earnunverified | 1 RP per Rs 100 |
| Base returnunverified | 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 |
| Capsunverified | 5X earn capped at 1,000 RP per statement cycle; UPI spends earn core points only, max 500 RP per statement cycle |
| 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 credit limit, whichever is higher; aggregator also lists 1,000 bonus RP a month for 5+ transactions of Rs 1,000 or more |
| Reward notes | base_return_pct = 1 RP x Rs 0.25 / Rs 100 = 0.25%; 5X categories return 1.25% until the cap. Accelerated rate, lounge count, quarterly milestone and indemnity cover are from Bank of Baroda's card listing; base rate, lounge spend condition and other insurance are from an aggregator because the BOBCARD product page could not be read. Cap on 5X is taken from the identical ICSI/CMA pages. |
Travel and perks
| Domestic lounge | 12 per year (3 per quarter) |
|---|---|
| Lounge conditionsunverified | Aggregator: requires Rs 40,000 spend in the previous 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 freebiesunverified | Professional indemnity cover Rs 5 lakh; aggregator lists air accident cover Rs 15 lakh and non-air Rs 5 lakh |
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 | Active members of the Institute of Chartered Accountants of India; Indian resident |
| 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. Aggregator quotes 3.49% per month interest for this card; the MITC's generic 3.75% is recorded. |
Questions
- What is the annual fee of the Bank of Baroda ICAI Exclusive BOBCARD?
- No annual fee.
- Does the Bank of Baroda ICAI Exclusive BOBCARD give airport lounge access?
- Yes. In India: 12 per year (3 per quarter). Outside India: none listed. Conditions: Aggregator: requires Rs 40,000 spend in the previous quarter
- What is the forex markup on the Bank of Baroda ICAI Exclusive BOBCARD?
- 2% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Bank of Baroda ICAI Exclusive 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.