BOB Select Credit Card

The Bank of Baroda Select Credit Card is designed to offer enticing rewards. With a modest joining fee of Rs. 750, a waiver is granted on a Rs. 7,500 spend within 60 days. Earn 1 Reward Point for every Rs. 100 spent and 5 Points for dining, online transactions, or utility bill payments. The nominal Rs. 750 renewal fee can be waived on spending Rs. 70,000 or more in an anniversary year. Effectively, your card can be cost-free based on your usage. Enjoy benefits like a fuel surcharge waiver for extra savings on fuel purchases.

Key Highlights of BOB Select Credit Card

Unlock unparalleled benefits with the BOB Select Credit Card.

1. Suitability: Tailored for specific lifestyles and shopping preferences.

2. Lifestyle and Shopping: Geared towards enhancing lifestyle and shopping experiences.

3. Joining Fees: Initial fee of Rs. 750 to join and avail the card benefits.

4. Annual Fees: Rs. 750 as the annual maintenance fee.

5. Best Feature: Earn 5 Reward Points for every Rs. 100 spent on Dining and Online Spending.

Features and Benefits of BOB Select Credit Card

The Bank of Baroda Select Credit Card offers several features and benefits:

1. Reward Points Programme:

  • Earn 1 reward point for every Rs.100 spent on all categories.
  • Enjoy 5X rewards on online shopping, dining, and utility bill payments.

2. Bonus Reward Points:

  • Receive up to 1,000 bonus reward points after conducting 5 transactions above Rs.1,000.

3. Redeem Rewards:

  • Redeem points for cashback, exciting gifts, or vouchers.

4. Annual Fee Waiver:

  • Avail annual fee waiver by spending Rs.7,500 in the first 60 days and Rs.70,000 in a year.

5. Fuel Surcharge Waiver:

  • No fuel surcharge on transactions at any petrol station in India for amounts ranging from Rs.400 to Rs.5,000.

4. Convert Purchases to EMIs:

  • Credit card purchases above Rs.2,500 can be converted into EMIs (6 or 12 months).

5. Free Add-On Cards:

  • Obtain up to three lifetime free add-on cards for family members (spouse, parents, siblings, and kids above 18).

6. Free Insurance Cover:

  • Enjoy complimentary personal accidental death insurance for the cardholder and family.

7. Zero Liability on Lost Card:

  • Report loss within 24 hours for 0% liability on fraudulent transactions thereafter.

8. Additional Features:

  • Interest-free period up to 50 days.
  • Revolving credit facility available on payment of the minimum amount due.

BOB Select Credit Card Fees and Charges

Explore the fee structure for the Bank of Baroda Select Credit Card and discover the financial advantages that come with it.

First Year Fee:

  • Initial fee: ₹750
  • Spend ₹7,500 within the first 60 days for a reversal.
  • Reversal appears in the 4th bill if all payments are made.

Annual Fee:

  • Yearly fee: ₹750
  • Spend ₹70,000 in a year for a fee waiver.

Eligibility Criteria for BOB Select Credit Card

Here are essential criteria for applying for an Bank of Baroda Select Credit Card:

  1. Primary cardholders must be at least 21 years old, while add-on applicants need to be 18 years or older.
  2. Eligible applicants include both self-employed individuals and those with salaried employment.
  3. A prerequisite for application is a favorable credit score, emphasizing the importance of good creditworthiness.

Documents Required for BOB Select Credit Card

To apply for the BOB Select Credit Card, you will typically need to provide the following documents:

1. Salaried Individuals:

  • Open a personal account with BOB.
  • Provide the latest Form 16 or a copy of the Income Tax Return (ITR).

2. Self-Employed Individuals:

  • Submit the last three years’ audited balance sheet.
  • Include the profit and loss account in your application.

3. General Requirements:

  • All applicants must furnish a photograph.
  • Submit copies of identity proof and address proof for a comprehensive application process.

How to apply for BOB Select Credit Card

Follow these steps to apply for the Bank of Baroda Select Credit Card online:

  1. Visit to initiate the Bank of Baroda Select Credit Card application process.
  2. Opt for the Bank of Baroda Select Credit Card option on the website.
  3. Access the application form that follows and provide the required details accurately.
  4. Thoroughly complete all the necessary formalities as indicated during the application process.

Frequently Asked Questions (FAQs)

1. What is the BOB Select Credit Card?

The BOB Select Credit Card is a premium credit card offered by Bank of Baroda, designed to provide cardholders with exclusive benefits and privileges. It caters to individuals who seek enhanced rewards, lifestyle perks, and financial flexibility.

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

You can apply for the BOB Select Credit Card by visiting the official Bank of Baroda website or by visiting a nearby Bank of Baroda branch. The application process typically involves filling out an online form, submitting required documents, and meeting the eligibility criteria.

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

Eligibility criteria may vary, but generally, applicants should have a good credit score, meet the age criteria, and have a stable income. Specific requirements can be obtained from the Bank of Baroda website or by contacting their customer service.

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

The BOB Select Credit Card offers features such as rewards programs, cashback benefits, airport lounge access, concierge services, and exclusive discounts on partner merchants. These features may vary, and the cardholder should refer to the terms and conditions for details.

5. Is there an annual fee for the BOB Select Credit Card?

Yes, there is usually an annual fee associated with the BOB Select Credit Card. The exact amount may depend on the variant of the card and the terms at the time of issuance. Check the fee structure provided by Bank of Baroda for the most accurate information.

6. How can I check my BOB Select Credit Card balance?

Cardholders can check their BOB Select Credit Card balance through the Bank of Baroda online banking portal, mobile app, or by contacting the customer service helpline. Monthly statements also provide a detailed summary of transactions and balances.

7. What rewards and benefits does the BOB Select Credit Card offer?

The BOB Select Credit Card provides various rewards such as cashback, loyalty points, and discounts on specific categories like dining, travel, and shopping. Cardholders can redeem these rewards as per the terms outlined by Bank of Baroda.

8. Can I convert my purchases into EMI with the BOB Select Credit Card?

Yes, Bank of Baroda usually offers the option to convert high-value purchases into easy monthly installments (EMIs). Cardholders can check the terms and conditions and contact customer service for details on the EMI conversion process.

9. How do I report a lost or stolen BOB Select Credit Card?

In case of a lost or stolen card, it’s crucial to immediately contact the Bank of Baroda customer service helpline and report the incident. The bank will guide you through the process of blocking the card and issuing a replacement.

10. What is the foreign transaction fee for the BOB Select Credit Card?

The foreign transaction fee, if applicable, will be mentioned in the terms and conditions of the BOB Select Credit Card. It’s advisable to check these details before using the card for international transactions.