The verdict
A superb value-for-money shopping card. For just ₹249 annual fee, the ₹500 welcome voucher gives an immediate 200% return, while uncapped 5% cashback on Snapdeal makes it a bargain for budget e-commerce shoppers.
The ₹500 welcome voucher immediately doubles the ₹249 fee. Spending ₹3,000/month on Snapdeal earns 7,200 points/year (₹1,800 direct cashback). Adding the ₹25,000 spend fee waiver and ₹360 fuel surcharge savings delivers over ₹2,900 in net annual shopping value.
Cardholders who prefer shopping on Amazon or Flipkart will benefit more from Amazon Pay ICICI or Flipkart Axis.
✓What works
- +5% unlimited cashback (20 reward points per ₹100 spent) on Snapdeal with zero monthly caps.
- +₹500 Snapdeal welcome shopping voucher upon card activation (2X the joining fee value).
- +4 reward points per ₹100 on all other online shopping and retail purchases.
- +100% annual renewal fee waiver upon spending just ₹25,000 in a card anniversary year.
- +Available on RuPay network for merchant UPI QR scan-and-pay transactions.
- +1% fuel surcharge waiver on transactions between ₹400 and ₹5,000.
✕What doesn't
- −₹249 + GST joining and renewal fee.
- −5% accelerated rate is restricted to Snapdeal ecosystem.
- −No complimentary airport lounge access included.
What it earns
1 BOBCARD Reward Point = ₹0.25 for direct statement credit or shopping voucher redemption.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Snapdeal App & Website (20X) | 20 Points / ₹100 (5.0% value) | Uncapped | 20,000 Points (~₹5,000 value) |
| Other Online Shopping | 4 Points / ₹100 (1.0% value) | Uncapped | 4,000 Points (~₹1,000 value) |
| Fuel Purchases | 0% | Excluded | 0 Points |
Accelerated earn
5% Unlimited Snapdeal Cashback + ₹500 Welcome Voucher
Earn uncapped 5% on Snapdeal and enjoy a ₹500 welcome shopping voucher.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Snapdeal Purchases20 reward points per ₹100 on all purchases on snapdeal.com. | 5× · 20 Points / ₹100 (5.0%) | Uncapped | — |
| General Online Retail4 reward points per ₹100 across other e-commerce platforms. | 1× · 4 Points / ₹100 (1.0%) | Uncapped | — |
Redemption options
Redeem points directly on BOBCARD Rewards portal for statement credit or brand vouchers.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Statement Cash CreditBEST VALUE | ₹0.25 / Reward Point | 1,000 pts | None | Nil |
| Snapdeal Brand VouchersBEST VALUE | ₹0.25 / Reward Point | 1,000 pts | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Snapdeal shopping, fashion, electronics, home decor, and online retail.
- +RuPay UPI merchant QR scan payments.
- +1% fuel surcharge waiver across India.
✕Excluded Spends & Fee Traps
- −Fuel purchases (eligible for 1% surcharge waiver only).
- −ATM cash withdrawals.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹249 + GST (Includes ₹500 Snapdeal Welcome Voucher) |
| Annual Renewal Fee | ₹249 + GST (Waived on ₹25,000 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/month) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age Requirement | 21 to 65 years |
| Minimum Monthly Income | ₹20,000+ per month (Salaried) or ₹3L+ ITR (Self-Employed) |
| Credit Score (CIBIL) | 710+ recommended for smooth approval |
Frequently Asked Questions
Does Snapdeal BOBCARD offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for Snapdeal BOBCARD?
What is the reward rate and point redemption value on Snapdeal BOBCARD?
Which transactions are excluded from earning rewards on Snapdeal BOBCARD?
Who is Snapdeal BOBCARD best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: Snapdeal BOBCARD
The Snapdeal BOBCARD is Bank of Baroda’s dedicated co-branded retail e-commerce credit card created in strategic partnership with Snapdeal. Engineered with an accessible annual fee of just ₹249 + GST, the renewal fee is completely waived upon achieving ₹25,000 in eligible retail spending within the previous card anniversary year.
Engineered specifically for value-conscious online shoppers, families, and consumers across tier-2 and tier-3 Indian cities, the card delivers exceptional direct shopping returns. Cardholders earn 5% unlimited cashback (credited as 20 reward points per ₹100 spent at 1 point = ₹0.25) on all purchases across the Snapdeal website and mobile app without restrictive monthly caps, 10 reward points per ₹100 on other online shopping and departmental stores, up to ₹500 in Snapdeal welcome vouchers, 500 bonus reward points, and a 1% fuel surcharge waiver.
Key Privileges and Practical Everyday Benefits
- 5% Unlimited Cashback on Snapdeal: Earn 20 reward points per ₹100 spent (5.0% return at 1 point = ₹0.25) across all categories on the Snapdeal website and mobile app without monthly earning caps.
- Accelerated Other E-Commerce & Departmental Rewards: Earn 10 reward points per ₹100 spent (2.5% return) on other online shopping sites and supermarket departmental stores.
- Generous Welcome Shopping Vouchers & Bonus Points: Receive Snapdeal shopping vouchers worth up to ₹500 upon completing your first purchase within 30 days of issuance, plus 500 bonus reward points on spending ₹5,000 within 60 days.
- Easily Attainable ₹25,000 Spend Fee Waiver: Spend just over ₹2,100 per month across the card anniversary year to completely waive the modest ₹249 annual renewal fee.
- Everyday Base Returns & Fuel Surcharge Savings: Earn 4 reward points per ₹100 spent (1.0% return) on all other general retail shopping, plus 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
- Cashback Delivery via Reward Points: The 5% return is credited as 20 reward points per ₹100, which are redeemable for statement cashback or vouchers on the BOBCARD Rewards portal.
- Spend Waiver Benchmark: The ₹25,000 annual spend waiver threshold applies strictly to settled retail transactions during the 12-month anniversary period.
- Airport Lounge Non-Inclusion: Complimentary airport lounge access is not included in the Snapdeal co-branded card tier.
- Excluded Categories: Fuel purchases, ATM cash withdrawals, wallet reloads, and rent payments do not earn reward points.
- Finance Charges (APR): Unpaid revolving statement balances attract standard interest charges of 3.49% per month (41.88% per annum).
Who Benefits Most
- Frequent Snapdeal E-Commerce Shoppers: Buyers who purchase fashion, home essentials, and lifestyle products regularly on the Snapdeal platform.
- Tier-2 & Tier-3 Value Seekers: Families seeking a high 2.5% to 5.0% return on online shopping with a minimal ₹249 entry cost.
- Low-Spend Cardholders: Users who want an easily achievable ₹25,000 annual fee waiver without high spend pressure.
- Bank of Baroda / BOBCARD — Snapdeal BOBCARD official schedule of charges and MITC
- Snapdeal Co-Branded Partnership — 5% unlimited cashback, ₹500 welcome voucher & ₹25k spend waiver
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).