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BOB ICSI Diamond Credit Card

Bank of Baroda introduces the ICSI Diamond Credit Card exclusively for ICSI members, mirroring the ICAI BoB Exclusive Credit Card tailored for ICAI members. This card comes with no lifetime fees and offers a range of benefits. Upon activation, cardholders receive a welcome gift of FitPass Pro membership along with 1,000 bonus Reward points. For every Rs. 100 spent, users earn up to 5 Reward Points, accumulating to 999 bonus Rewards monthly. Additionally, reaching spending milestones rewards them with 3,999 bonus Reward Points quarterly. The card grants complimentary access to airport lounges, free air accident insurance, and a reduced forex markup fee of 2%, making it an excellent choice for international transactions.

Key Highlights of BOB ICSI Diamond Credit Card

Unlock unparalleled benefits with the BOB ICSI Diamond Credit Card.

  1. Experience a six-month FitPass Pro membership valued at Rs. 15,000 for free.
  2. Accumulate 5 reward points for every Rs. 100 expenditure on dining, online transactions, and utility bills.
  3. Initiate your rewards adventure with an initial boost of 1,000 bonus points upon card usage within the initial 30 days.

Features and Benefits of BOB ICSI Diamond Credit Card

The BOB ICSI Diamond Credit Card provides a plethora of exclusive features and advantages.

1. Accelerated Rewards

  • Get 5 reward points for every ₹100 spent on dining, online purchases, and utility payments.

2. Travel Benefits

  • Enjoy 12 complimentary domestic airport lounge accesses per year.
  • Benefit from a 2% reduced forex mark-up on international spends.

3. Fitness & Frolic

  • Receive a welcome gift of a FREE 6-month Fitpass Pro Membership worth ₹15,000.
  • Achieve Milestone Rewards by accumulating 1,000 points within a 30-day period and quarterly, earn 4,000 points when spending exceeds ₹1 Lakh.

4. Fuel Surcharge Waiver

  • Get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 at all fuel stations in India.

5. Extra Rewards

  • Get 1 reward point with every ₹100 spent on non-category items. Exchange your points for cashback at a rate of ₹0.25 per point.

6. Easy EMI Option

  • Convert purchases over ₹2,500 into easy EMIs for 6/36 months.

7. Free Add-on Card

  • Obtain up to 3 lifetime free add-on cards for family members above 18.

8. Complimentary Insurance

  • You’ll get ₹5 Lakhs for professional indemnity insurance, ₹15 Lakhs for air accident death cover, and another ₹5 Lakhs for non-air accident death cover.

9. Zero Liability

  • Report a lost card immediately for zero liability on fraudulent transactions.

BOB ICSI Diamond Credit Card Fees and Charges

Check out the fee breakdown for the BOB ICSI Diamond Credit Card and uncover its financial perks.

  1. Spend Based Waiver: Not applicable.
  2. Rewards Redemption Fee: No fee for redeeming rewards.
  3. Foreign Currency Markup: 2% of the total transaction amount.
  4. Interest Rates: 3.49% per month.
  5. Fuel Surcharge: 1% fuel surcharge waiver on fuel spends between Rs. 400 and Rs. 5,000.
  6. Cash Advance Charges: 2.5% (3% at international ATMs) of the withdrawn amount, minimum Rs. 300.
  7. Add-on Card Fee: You won’t incur any extra charges for additional cards.

Eligibility Criteria for BOB ICSI Diamond Credit Card

Below are the vital prerequisites for obtaining a BOB ICSI Diamond Credit Card:

  1. Active ICSI membership is a prerequisite.
  2. The supplementary cardholder needs to be a minimum of 18 years old.
  3. The card issuer considers the applicant’s credit score.
  4. Residency in India is a mandatory requirement.

Documents Required for BOB ICSI Diamond Credit Card

When seeking to obtain the BOB ICSI Diamond Credit Card, you’ll usually be asked to furnish the following paperwork:

  1. Copy of PAN card
  2. Photocopy of ICSI Membership Card
  3. Latest Salary Slip/ Latest ITR
  4. If you possess an additional credit card, please include a duplicate along with the most recent billing statement.
  5. Current Residence Proof
  6. One recent passport-size photograph

How to apply for BOB ICSI Diamond Credit Card

To request the BOB ICSI Diamond Credit Card, adhere to the following steps:

  1. Head over to the authorized Bob Financial website.
  2. Select the ‘Apply Now’ option under the ICSI Diamond Credit Card section.
  3. Fill out the online form with all necessary details.
  4. Thoroughly review your application before submitting it for consideration.

Frequently Asked Questions (FAQs)

1. What is the BOB ICSI Diamond Credit Card?

The BOB ICSI Diamond Credit Card is a co-branded credit card offered by Bank of Baroda in collaboration with the Institute of Company Secretaries of India (ICSI). It is designed to provide exclusive benefits and features to ICSI members.

2. How can I apply for the BOB ICSI Diamond Credit Card?

You can apply for the BOB ICSI Diamond Credit Card through the official website of Bank of Baroda or by visiting a nearby Bank of Baroda branch. The application process typically involves submitting necessary documents and meeting eligibility criteria.

3. What are the eligibility criteria for the BOB ICSI Diamond Credit Card?

The eligibility criteria may include factors such as income, age, credit score, and more. Specific details can be obtained from the Bank of Baroda website or by contacting the bank directly.

4. What are the key features of the BOB ICSI Diamond Credit Card?

The card comes with features such as exclusive rewards, cashback, travel benefits, and specialized privileges for ICSI members. It may also offer complimentary insurance coverage and access to a range of lifestyle and entertainment benefits.

5. What is the credit limit on the BOB ICSI Diamond Credit Card?

The credit limit is determined by the bank based on various factors such as your income, credit history, and repayment capacity. The assigned credit limit will be communicated to you once your application is approved.

6. Are there any annual fees associated with the BOB ICSI Diamond Credit Card?

Details regarding annual fees, renewal fees, and other charges can be found in the terms and conditions provided by Bank of Baroda. It is advisable to review these terms before applying for the card.

7. How can I check the status of my BOB ICSI Diamond Credit Card application?

You can check the status of your credit card application online through the official website of Bank of Baroda or by contacting the customer service helpline.

8. What is the reward program offered with the BOB ICSI Diamond Credit Card?

The card may offer a rewards program where you earn points for every transaction, and these points can be redeemed for various benefits such as merchandise, vouchers, or discounts.

9. How can I make payments on my BOB ICSI Diamond Credit Card?

Payments can be made through various channels, including online banking, mobile banking, cheque payments, and auto-debit facilities. The specific options will be detailed in the monthly credit card statement.

10. Is there a grace period for bill payments on the BOB ICSI Diamond Credit Card?
Most credit cards have a grace period during which you can make payments without incurring interest. Details regarding the grace period and billing cycle will be mentioned in your credit card statement.