Are you looking for a credit card that offers a multitude of benefits and flexible features? Look no further than the BOB Easy Credit Card from the Bank of Baroda. This credit card is designed to provide cardholders with a range of advantages, including free add-on cards, zero liability on lost cards, interest-free credit, a revolving credit facility, fuel surcharge waiver, accelerated rewards, and multiple redemption options. In this article, we will delve into the key features and benefits of the BOB Easy Credit Card, explore foreign transaction fees, discuss customer service options, and provide insights to help you make an informed decision.
BOB Easy Credit Card Features and Benefits
- Free Add-on card: You can get up to 3-lifetime free add-on cards for your spouse, parents, siblings, or kids (above age 18). This allows your loved ones to enjoy the benefits of the card as well.
- 5X rewards on daily expenses: The Bob Easy Credit Card rewards you with 5 times the usual reward points on your daily expenses. This means that every time you use your card for regular purchases like groceries, dining, or utility bills, you earn rewards at an accelerated rate.
- Interest-free credit facility: When you purchase with the Bob Easy Credit Card, you can avail of up to 50 days of interest-free credit from the date of the purchase. This gives you a generous window to pay off your balance without incurring any interest charges.
- Revolving credit facility: With the Bob Easy Credit Card, you have the option to pay the Minimum Amount Due and carry forward the remaining balance. This allows you to manage your finances conveniently and finance your spending according to your needs.
- Fuel Surcharge Waiver: When you use your Bob Easy Credit Card to pay for fuel at designated fuel stations, you enjoy a fuel surcharge waiver. This helps you save on fuel expenses and provides an added benefit while refueling your vehicle.
- Reward points for spending: For every Rs. 100 spent on other categories, you earn 1 reward point. Additionally, for every Rs. 100 spent on Select MCCs (Merchant Category Codes), you earn 0.5 reward points. This allows you to accumulate reward points faster and enjoy the benefits of your spending.
- Multiple redemption options: Once you have accumulated reward points, you can redeem them in various ways. One option is to redeem them as cashback, providing you with a direct reduction in your outstanding balance. Additionally, you have other exciting options for redemption, allowing you to choose rewards that suit your preferences.
- Zero liability on lost card: In case your card gets lost or stolen, report it immediately to ensure zero liability on any fraudulent transactions. This gives you peace of mind and protects you from unauthorized charges.
The Bob Easy Credit Card offers a range of features and benefits, including free add-on cards, zero liability on lost cards, interest-free credit, a revolving credit facility, a fuel surcharge waiver, accelerated rewards, and multiple redemption options. These features provide convenience, protection, and rewards for your everyday spending.
BOB Easy Credit Card Joining Fee
Rs. 500 (Lifetime Free for a limited time): The Bob Easy Credit Card has a joining fee of Rs. 500. However, for a limited time, the joining fee is waived, making the card a lifetime-free option.
First-year fee reversal: To avail of the first-year fee reversal, you must spend Rs. 6,000 on your card within the first 60 days of the card setup date. By meeting this spending requirement, the joining fee will be reversed.
Fee reversal timeline: The fee reversal will reflect in the 4th bill statement from the card issuance month, provided all due payments are made. It’s essential to ensure timely payment of dues to be eligible for the fee reversal.
The Bob Easy Credit Card offers the option of a joining fee, which is currently waived for a limited time. By meeting the spending requirement within the specified timeframe, you can have the joining fee reversed, making the card a lifetime-free option. It’s essential to make timely payments to qualify for the fee reversal.
BOB Easy Credit Card Annual Fee
The BOB Easy Credit Card has an annual fee of Rs. 500. However, for a limited time, the card offers a lifetime fee waiver. To qualify for the fee waiver, you need to spend a minimum of Rs. 35,000 on your card within a year. By meeting this spending requirement, you can enjoy the benefits of the card without any annual fee. This fee waiver provides an incentive for cardholders to actively use their BOB Easy Credit Card and make the most of its features and benefits.
BOB Easy Credit Card Reward Program
Earn 5X Reward Points for every Rs. 100 spent on Departmental stores and Movie spending. This means that when you shop at departmental stores or spend on movie tickets using your BOB Easy Credit Card, you earn five times the usual reward points. It’s a great way to maximize your rewards while enjoying your favorite shopping or entertainment experiences.
Earn 1 reward point for every Rs. 100 spent on other categories. For all your purchases outside of departmental stores, movie spending, and select MCCs, you earn one reward point for every Rs. 100 spent. This includes a wide range of categories such as groceries, dining, travel, and more. Every time you use your BOB Easy Credit Card, you’re getting closer to earning exciting rewards.
Earn 0.5 reward points for every Rs. 100 spent on Select MCCs (Merchant Category Codes). When you make purchases at specific MCCs, you earn half a reward point for every Rs. 100 spent. MCCs typically represent specific types of merchants such as fuel stations, airlines, or online shopping platforms. It’s a way to reward you for spending in these designated categories.
The BOB Easy Credit Card Reward Program offers a tiered structure that allows you to earn reward points at an accelerated rate for departmental stores and movie spending (5X), while still earning rewards on other categories (1X) and select MCCs (0.5X). This incentivizes your spending and lets you accumulate reward points faster, bringing you closer to the redemption options you desire. Enjoy the benefits of your BOB Easy Credit Card by earning rewards with every purchase you make.
BOB Easy Credit Card Late Payment Charges
Late payment charges for the BOB Easy Credit Card are as follows:
| Outstanding Amount Range | Late Payment Charges |
|---|---|
| Less than Rs. 200 | Nil |
| Rs. 201 to Rs. 500 | Rs. 100 |
| Rs. 501 to Rs. 1,000 | Rs. 400 |
| Rs. 1,001 to Rs. 10,000 | Rs. 500 |
| More than Rs. 10,001 | Rs. 750 |
Please note that these charges are applicable if the payment is not made by the due date. It is important to make timely payments to avoid incurring these late payment charges.
BOB Easy Credit Card Foreign Transaction Charges
The BOB Easy Credit Card charges a foreign transaction charge of 3.5% of the transaction amount. This fee is applicable when you use your card for purchases or cash withdrawals in a currency other than the Indian Rupee. The foreign transaction fee is a percentage of the total transaction value and helps cover the costs associated with processing international transactions. It is important to keep this fee in mind when using your BOB Easy Credit Card abroad, as it will be added to your overall transaction cost. By being aware of this fee, you can plan your expenses accordingly and make informed decisions while using your card internationally.
Eligibility Criteria for BOB Easy Credit Card
Age: The applicant should be at least 18 years old. Some credit cards may have a higher age requirement, such as 21 or 25 years.
Income: The applicant should have a stable source of income. The minimum income requirement may vary depending on the type of credit card and the issuing bank. Generally, a monthly income of around Rs. 15,000 or more is considered sufficient.
Credit History: A good credit history is typically required to be eligible for a credit card. Banks assess the applicant’s creditworthiness based on their credit score, which reflects their repayment history and credit behavior. A higher credit score increases the chances of approval.
Employment Status: Most credit card issuers prefer applicants who are salaried individuals or self-employed professionals/business owners. Proof of employment, such as salary slips, income tax returns, or business documents, may be required.
Residential Status: The applicant should be a resident of India. Non-resident Indians (NRIs) may be eligible for specific credit cards designed for them.
Documentation: The applicant needs to provide necessary identification and address proof documents, such as a PAN card, Aadhaar card, passport, utility bills, or bank statements.
It’s important to note that meeting the minimum eligibility criteria does not guarantee approval for a credit card. The final decision is at the discretion of the bank or financial institution based on its internal policies and risk assessment.
How to apply for BOB Easy Credit Card
Visit the Bank of Baroda’s official website CLICK HERE
Read the details, features, and eligibility criteria for the BOB Easy Credit Card to ensure it suits your needs.
Click on the “Apply Now” button to initiate the application process.
Fill in the required information accurately, including personal details, contact information, employment details, income details, and any other information as requested.
Upload the necessary supporting documents, such as identification proof, address proof, income proof, and any additional documents required by the bank.
Review the information provided and ensure its accuracy before applying.
Agree to the terms and conditions of the credit card application.
Apply online.
After applying, you will receive a confirmation message or reference number. Keep this information for future reference.
The bank will process your application and evaluate your eligibility based on their internal policies and criteria.
If approved, you will receive further communication from the bank regarding the next steps, such as document verification and card issuance.
It’s important to note that the application process may vary slightly based on the bank’s online platform and any specific requirements they may have. It’s recommended to visit the Bank of Baroda website or contact their customer support for precise instructions and guidance during the application process.
BOB Easy Credit Card Customer Service
For Bank of Baroda Credit Card customers, the BOB Easy Credit Card offers dedicated customer service assistance. You can reach out to customer service by dialing 1800-103-1006 or 1800-225-100, which are available 24/7.
The self-service options provided by Band Of Baroda Easy Credit Card include:
Balance Enquiry: You can easily check your credit card balance at any time.
Card Block: In case of a lost or stolen card, you can quickly block your credit card to prevent any unauthorized transactions.
Pin Generation/Reset: If you need to generate a new PIN or reset your existing PIN, this self-service option allows you to do it conveniently.
Last 3 Transactions: Get information about the most recent transactions made using your credit card.
Card Status: Check the status of your credit card application or any ongoing requests.
Additionally, Bank Of Baroda provides 24/7 support through the help desk. You can contact them for assistance with services like Card Replacement, Loyalty Point Redemption, and Post Purchase EMI booking.
With the BOB Easy Credit Card, you have access to a comprehensive customer service infrastructure to address your queries, resolve issues, and avail of various card-related services at any time that is convenient for you.
Conclusion
In conclusion, the BOB Easy Credit Card offers a range of features and benefits designed to enhance the cardholder’s experience. With its free add-on cards, zero liability on lost cards, interest-free credit facility, and revolving credit option, the card provides convenience, security, and flexibility in managing finances. The card also offers attractive rewards, including 5X points on daily expenses and multiple redemption options, allowing cardholders to maximize their rewards. Furthermore, BOB Easy Credit Card’s customer service is readily available, providing 24/7 support through self-service options and a dedicated help desk. Overall, the BOB Easy Credit Card is designed to meet the needs of customers by providing a seamless experience, rewards, and robust customer support.
Frequently Asked Questions (FAQs)
You can apply for the BOB Easy Credit Card by Clicking Here.
The applicant needs to provide necessary identification and address proof documents, such as a PAN card, Aadhaar card, passport, utility bills, or bank statements.
Once you have accumulated reward points, you can redeem them in various ways. One option is to redeem them as cashback, providing you with a direct reduction in your outstanding balance. Additionally, you have other exciting options for redemption, allowing you to choose rewards that suit your preferences.
