The verdict
A highly balanced mid-tier travel companion. Offering a solid 2.0% return on travel and restaurant dining along with 4 complimentary domestic airport lounges for a modest ₹1,000 fee that waives at ₹1.2L spend makes it one of the most cost-effective travel cards from a PSU bank.
Spending ₹15,000/month (₹5,000 on flights/hotels + ₹3,000 dining + ₹7,000 other retail) earns 800 5X points + 140 base points = 940 points/month (11,280 points/year worth ₹2,256 in statement cash). Annual spending of ₹1,80,000 waives the ₹1,000 renewal fee, and 4 domestic lounge visits (~₹4,000 value) bring total net annual value to over ₹6,250.
High-velocity international travelers seeking air miles transfer partnerships or comprehensive international lounge access will find cards like Axis Atlas or Scapia more suited to overseas flying.
✓What works
- +5X Reward Points (10 points per ₹100 spent = 2.0% return) on travel bookings, dining, and international transactions.
- +1 complimentary domestic airport lounge visit per calendar quarter (4 visits per year).
- +2 Reward Points per ₹100 spent (0.40% return) on all other general retail categories.
- +Annual fee waiver on spending ₹1,20,000 in a card anniversary year.
- +500 bonus reward points on spending ₹5,000 within 60 days of card issuance.
- +1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 (up to ₹250 per statement cycle).
✕What doesn't
- −5X accelerated rewards capped at 1,000 Reward Points per billing cycle.
- −Standard 3.50% forex markup on international foreign currency spends.
- −No complimentary international airport lounge access.
What it earns
1 Reward Point = ₹0.20 when redeemed for direct statement cashback or vouchers.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Travel Bookings (5X) | 2.0% (10 Points / ₹100) | 1,000 Points / month | 2,000 Points (₹400 value) |
| Restaurant & Online Dining (5X) | 2.0% (10 Points / ₹100) | 1,000 Points / month | 2,000 Points (₹400 value) |
| International Foreign Spends (5X) | 2.0% (10 Points / ₹100) | 1,000 Points / month | 2,000 Points (₹400 value) |
| All Other Domestic Retail Spends | 0.40% (2 Points / ₹100) | Uncapped | 400 Points (₹80 value) |
| Fuel Purchases | 0% | Excluded | 0 Points |
Accelerated earn
5X Rewards on Travel, Dining & International
Earn 10 points per ₹100 on travel reservations, restaurants, and foreign transactions.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Travel Bookings10 points per ₹100 spent on airlines, hotels, and travel portals. | 5× · 2.0% | 1,000 Points / month | — |
| Dining & Restaurants10 points per ₹100 spent on dining and food delivery. | 5× · 2.0% | 1,000 Points / month | — |
Redemption options
Redeem accumulated reward points directly as statement cash credit on the BOBCARD portal.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Direct Statement CashbackBEST VALUE | ₹0.20 / Reward Point | 500 pts | None | Nil |
| Brand Vouchers & Merchandise | ₹0.20 / Reward Point | 500 pts | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Domestic flight tickets, hotel reservations, and travel agency bookings.
- +Standalone restaurant dining and food delivery platforms.
- +4 complimentary domestic airport lounge visits per year (1 per quarter).
✕Excluded Spends & Fee Traps
- −Fuel transactions (eligible for 1% surcharge waiver only).
- −Cash advances, ATM withdrawals, and digital wallet loads.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹1,000 + GST (Waived on ₹10,000 spend in first 60 days) |
| Annual Renewal Fee | ₹1,000 + GST (Waived on ₹1,20,000 annual spend) |
| Finance Charges (Interest Rate) | 3.49% per month (41.88% per annum) |
| Foreign Currency Markup | 3.50% + GST |
| Fuel Surcharge Waiver | 1% waiver on ₹400 to ₹5,000 transactions (Max ₹250/cycle) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age Requirement | 21 to 65 years (Primary cardholder) |
| Minimum Annual Income | ₹5,00,000+ per annum (Salaried or Self-Employed) |
| Credit Score (CIBIL) | 740+ recommended for smooth approval |
Frequently Asked Questions
Does BOBCARD PREMIER offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for BOBCARD PREMIER?
What is the reward rate and point redemption value on BOBCARD PREMIER?
Which transactions are excluded from earning rewards on BOBCARD PREMIER?
Who is BOBCARD PREMIER best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: BOBCARD PREMIER
The BOBCARD PREMIER credit card is Bank of Baroda’s core mid-to-high tier lifestyle and travel credit card, positioned above the entry-level Easy tier for upwardly mobile professionals, frequent holidaymakers, and business travelers. Issued across Visa and RuPay payment platforms with an annual fee of ₹1,000 + GST, the card features transparent spend-based fee reversals: the joining fee is waived upon spending ₹10,000 in the first 60 days, and the annual renewal fee is waived on spending ₹1,20,000 in a card anniversary year.
Engineered to optimize lifestyle expenditures, BOBCARD PREMIER delivers 5X accelerated reward points (10 reward points per ₹100 spent = 2.0% effective return at 1 point = ₹0.20) on flight tickets, hotel reservations, dining establishments, and international retail transactions. Supplemented with 4 complimentary domestic airport lounge visits annually, 500 bonus welcome reward points, and a 1% fuel surcharge waiver, it offers a well-rounded travel and dining package.
Key Privileges and Practical Everyday Benefits
- 5X Accelerated Rewards on Travel, Dining & International: Earn 10 reward points per ₹100 spent (2.0% effective return) on airline bookings, hotels, restaurant dining, and overseas merchant transactions (capped at 1,000 points per cycle).
- Complimentary Domestic Airport Lounge Access: Enjoy 1 complimentary domestic airport lounge visit per calendar quarter (up to 4 visits annually) across Indian terminals.
- Dual Attainable Fee Waivers: Joining fee waived on spending ₹10,000 within the first 60 days; annual renewal fee waived on reaching ₹1,20,000 in eligible spending across the card anniversary year.
- Welcome Bonus Rewards: Receive 500 bonus reward points upon card activation and spending ₹5,000 within the first 60 days of card issuance.
- Solid Base Returns & Fuel Surcharge Savings: Earn 2 reward points per ₹100 spent (0.40% return) across general domestic retail shopping, alongside a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 (up to ₹250 per cycle).
Important Terms and Spend Conditions to Keep in Mind
- Monthly Accelerated Reward Cap: 5X accelerated reward points are capped at 1,000 reward points per billing cycle on travel, dining, and international categories.
- Airport Lounge Spend Eligibility: Domestic airport lounge access requires meeting the bank’s active quarterly spend qualification.
- Excluded Spend Categories: Fuel purchases, ATM cash withdrawals, wallet reloads, and rent payments do not earn reward points.
- Annual Spend Waiver Threshold: The ₹1,20,000 spend benchmark applies strictly to eligible settled retail transactions during the 12-month anniversary period.
- Finance Charges (APR): Unpaid revolving statement balances attract standard interest charges of 3.49% per month (41.88% per annum).
Who Benefits Most
- Mid-Level Professionals & Executives: Salaried individuals who travel for corporate assignments, dine out frequently, and want elevated reward points.
- Domestic Vacationers: Families seeking complimentary airport lounge access and 2.0% return on holiday flights and hotels with a reasonable ₹1,000 annual fee.
- Moderate Spenders: Cardholders easily spending ₹10,000 or more per month to enjoy an entirely fee-free premium card experience.
- Bank of Baroda / BOBCARD — Premier Credit Card official schedule of charges
- BOBCARD Rewards — 5X travel, dining & airport lounge access terms
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).