IRCTC BoB RuPay Credit Card vs IRCTC SBI Platinum Credit CardIRCTC BoB RuPay Credit Card vs IRCTC SBI Platinum Credit Card

IRCTC BoB RuPay vs IRCTC SBI Platinum Credit Card

India’s railway system, a time-honored mode of transportation, sees millions of daily commuters traversing the country’s vast network. To cater to the needs of frequent train travelers, various travel-oriented credit cards are available. One notable option in their offerings is the IRCTC co-branded credit card, particularly attractive for frequent train travelers.

SBI, a leading bank in India, has teamed up with Indian Railways to launch the IRCTC SBI Platinum card. For a nominal joining fee of Rs. 500, this card provides enticing rewards and advantages. Notably, users can accumulate reward points when they book train tickets via the IRCTC app or website. Furthermore, the card offers benefits like a fuel surcharge waiver, travel perks, hassle-free EMI options, and more.

Similarly, Bank of Baroda has teamed up with Indian Railways to unveil the IRCTC BoB RuPay credit card, exclusively designed for frequent train travelers. Operating on the Indian RuPay platform, this card provides up to 40 reward points for train ticket bookings through the IRCTC website or mobile application. The card comes with enticing features, including complimentary access to railway lounges, a fuel surcharge waiver, free add-on credit cards, and a range of other benefits.

Features and Benefits of IRCTC BoB RuPay Credit Card and IRCTC SBI Platinum Credit Card

IRCTC BoB RuPay Credit Card:

  1. Collaboration and Launch:
    • IRCTC, in collaboration with Bank of Baroda, has launched the IRCTC BoB RuPay credit card, targeting frequent Indian Railways commuters.
    • Joining fee: Rs. 500.
  2. Reward Earning:
    • Get rewarded with up to 40 points for every Rs. 100 spent on booking train tickets through the IRCTC app or website.
    • 4 RPs per Rs. 100 on departmental store and grocery spends.
    • 2 RPs per Rs. 100 on other categories.
  3. Welcome Benefits:
    • Bonus 1000 RPs for a single transaction of Rs. 1000 within 45 days.
  4. Reward Redemption:
    • Redeem RPs for railway ticket bookings or against the card statement balance (1 RP = Rs. 0.25).
  5. Travel Benefits:
    • 4 complimentary domestic railway lounge accesses annually (max 1 per quarter).
  6. Fuel and Railway Surcharge Waiver:
    • 1% fuel surcharge waiver on spends between Rs. 500 and Rs. 3000 (max benefit Rs. 100/month).
    • 1% transaction surcharge waiver on railway ticket bookings via IRCTC app or website.
  7. Additional Benefits:
    • Lifetime free add-on credit cards for family members.

IRCTC SBI Platinum Credit Card:

  1. Collaboration and Launch:
    • SBI has collaborated with Indian Railways to introduce a new credit card named IRCTC SBI Platinum.
    • Annual fee: Rs. 500 + taxes.
  2. Reward Earning:
    • 1 reward point per Rs. 125 on retail spends (excluding fuel).
    • 10% value back on AC CC, AC1, AC2, and AC3 category railway ticket bookings via IRCTC.
  3. Welcome Benefits:
    • Receive 350 reward points as a bonus when you make a purchase of Rs. 500 or more in a single transaction within 45 days.
    • Rs. 100 cashback on the first cash withdrawal.
  4. Reward Redemption:
    • Redeem earned RPs for railway ticket bookings on IRCTC app or website.
  5. Travel Benefits:
    • 1% transaction charge waiver on railway ticket bookings via IRCTC.
    • Exclusive accommodation at over 5000 hotels in 350+ cities.
  6. Additional Benefits:
    • Use Flexipay for transactions over Rs. 2500, convert into easy EMIs.
    • Easy Money for cheque or draft against the credit limit.
    • Consolidate your debts by moving balances from other credit cards or financial institutions and repay them through monthly installments.
  7. Fuel Surcharge Waiver:
    • 1% fuel surcharge waiver on fuel spends (max benefit Rs. 100 per card statement cycle).

Fee and Charges of IRCTC BoB RuPay Credit Card and IRCTC SBI Platinum Credit Card

IRCTC BoB RuPay Credit Card:

  • Joining fee: Rs. 500, Renewal fee: Rs. 350.
  • Interest rate: 3.49% per month, 41.88% per annum.
  • Forex markup fee: 3.5%.
  • Cash withdrawal charges: Rs. 500 or 2.5% of transaction amount (whichever is higher).

IRCTC SBI Platinum Credit Card:

  • Joining fee: Rs. 500, Renewal fee: Rs. 300 + taxes.
  • Interest rate: 3.5% per month, 42% per annum.
  • Forex markup fee: 2.5%.
  • Cash advances: 2.5% of transaction amount or Rs. 500 (whichever is higher).

Comparison between IRCTC BoB RuPay Credit Card and IRCTC SBI Platinum Credit Card

IRCTC BoB RuPay Credit Card:

  1. Joining/Annual Fees:
    • Rs. 500 plus taxes
  2. Welcome Benefit:
    • Earn 1000 bonus reward points when you make a purchase of Rs. 1000 or more within 45 days of receiving your card.
  3. Reward Earning:
    • Up to 40 RPs on booking railway tickets via IRCTC app or website
    • 4 RPs per Rs. 100 spent on departmental stores and groceries
    • 2 RPs per Rs. 100 spent elsewhere
  4. Reward Redemption:
    • RPs offer the flexibility to be utilized either for booking railway tickets or for reducing the balance on the card statement.
  5. Travel Benefits:
    • Complimentary railway lounge access
  6. Forex Markup Fee:
    • 3.5% of the transaction amount

IRCTC SBI Platinum Credit Card:

  1. Joining/Annual Fees:
    • Rs. 500 plus taxes
  2. Welcome Benefit:
    • Earn 350 bonus reward points by completing a transaction of Rs. 500 or more within 45 days of receiving your card.
  3. Reward Earning:
    • 1 RP per Rs. 125 spent with the card
    • Earn reward points equivalent to 10% of the value of your railway ticket booking.
  4. Reward Redemption:
    • RPs can be redeemed against railway ticket booking via the IRCTC website or mobile app
  5. Travel Benefits:
    • 1% transaction charge waiver on railway ticket booking via IRCTC website
    • Unique lodging opportunities available at more than 5000 hotels nationwide.
  6. Forex Markup Fee:
    • 3.5% of the transaction amount

Which credit card suits you best?

  1. The IRCTC BoB RuPay and IRCTC SBI Platinum credit cards are excellent choices for travel.
  2. These cards, partnered with Indian Railways, are designed for regular train passengers.
  3. The joining fee for both cards is affordable at Rs. 500, providing access to various privileges.
  4. The IRCTC BoB RuPay card provides an opportunity to earn a maximum of 40 reward points when booking train tickets.
  5. The IRCTC SBI Platinum card provides a 10% value back as reward points on railway ticket bookings.
  6. Each card permits the utilization of accumulated reward points via the IRCTC application or website.
  7. Overall, there’s minimal disparity in the features and benefits of these IRCTC co-branded credit cards.
  8. Your choice between them can be based on personal preferences, as both options offer comparable advantages.

Frequently Asked Questions (FAQs)

  1. What distinguishable attributes does the IRCTC BoB RuPay Credit Card possess?
    • The IRCTC BoB RuPay Credit Card offers features such as co-branding with Indian Railways, affordable joining fees, and up to 40 reward points on train ticket bookings.
  2. What sets apart the IRCTC SBI Platinum Credit Card from the IRCTC BoB RuPay Credit Card?
    • The IRCTC SBI Platinum Credit Card stands out with its 10% value back as reward points on railway ticket bookings. It also shares co-branding with Indian Railways and has a joining fee of Rs. 500.
  3. Could you please provide the original text you’d like me to rewrite?
    • The IRCTC BoB RuPay card offers a chance to accumulate a maximum of 40 reward points when you book train tickets. On the other hand, the IRCTC SBI Platinum card grants a 10% value back in the form of reward points for railway ticket reservations. Both cards allow you to redeem these accumulated points conveniently through the IRCTC app or website.
  4. What advantages do these credit cards provide to individuals who frequently use trains?
    • Both credit cards are tailored for regular train travelers, providing privileges such as affordable joining fees, reward points on ticket bookings, and co-branding with Indian Railways for an enhanced travel experience.
  5. Do the fees and charges vary significantly between the two cards?
    • Certainly! The IRCTC BoB RuPay and IRCTC SBI Platinum credit cards both come with a nominal joining fee of Rs. 500, ensuring accessibility and affordability for users.
  6. Am I allowed to utilize the reward points for anything other than booking train tickets?
    • The earned reward points on both credit cards can be redeemed specifically for train ticket bookings through the IRCTC app or website.
  7. Do these credit cards come with any unique benefits or special privileges?
    • Both cards offer co-branded benefits with Indian Railways, providing users with exclusive privileges and a seamless travel experience. The features and benefits are closely aligned between the two cards.
  8. How can I choose between the IRCTC BoB RuPay and IRCTC SBI Platinum Credit Cards?
    • The decision between the two credit cards relies solely on personal inclinations. As both cards provide similar perks and advantages, individuals have the freedom to opt for the one that suits their specific requirements and tastes the most.
  9. Can I apply for both credit cards simultaneously?
    • Yes, you can apply for both the IRCTC BoB RuPay and IRCTC SBI Platinum credit cards if you meet the respective eligibility criteria for each card.
  10. Is there a grace period for the payment of dues on these credit cards?
    • The specific terms and conditions for the grace period and payment of dues may vary. It’s advisable to refer to the terms provided by the issuing banks for accurate and up-to-date information.

Leave a Reply

Your email address will not be published. Required fields are marked *