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COFFERCards. Points. Value.
BOBCARD Empower credit card
BOBCARD

BOBCARD Empower

Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate

Open to new applications · Earns Reward Point

First-year fee

₹0

Annual fee

₹500 a year.

What it gives back

1 Reward Point per ₹100 · everyday spends

Read from 8 BOBCARD documents, last checked 18 Oct 2026.

Apply on BOBCARD

Our calculation

0.25% value back

Every ₹1,00,000 spent at this rate earns about 1,000 points, worth about ₹250 at the value BOB Financial (BOBCARD) states for a point.

BOB Financial (BOBCARD)'s rate: “1 Reward Point for every ₹100 spent on all other MCCs” Proof
The bank’s words

“Earn 1 Reward Point for every ₹100 spent on all other MCCs*. All your accumulated reward points can be redeemed for cashback @1 reward point = ₹0.25”

BOB Financial (BOBCARD)'s point value: “Reward points can be redeemed for cashback at 1 reward point = ₹0.25” Proof
The bank’s words

“All your accumulated reward points can be redeemed for cashback @1 reward point = ₹0.25”

How it compares

Compared with the cards we have read

₹500 annual fee: of the 273 other open cards whose annual fee we have read, 126 state a lower one, 28 state the same and 119 state a higher one.

3.5% forex markup: of the 291 other open cards whose forex markup we have read, 103 state a lower one and 188 state the same.

0.25% value back by our calculation: of the 49 other open cards we can work this out for, 5 return less, 10 return the same and 34 return more.

Fees

  • Annual fee

    ₹500 a year.

  • Joining fee

    ₹0

  • Fee waiver rule

    Spend ₹50,000 in every anniversary year to get annual fee reversal

  • Add-on card fee

    No joining/annual fee is applicable for add-on Card.

Welcome offer

  • Welcome benefit

    Earn 500 Reward Points on spent of ₹5,000 within 60 days of card issuance.

Rewards

  • Reward rate

    1 Reward Point per ₹100 · everyday spends1 Reward Point for every ₹100 spent on all other MCCs.

  • Travel earning

    Flight Booking Via BOBCARD SmartDeal: 4 points for every ₹100 · Hotel Booking BOBCARD SmartDeal: 10 points for every ₹100.

  • Utilities earning

    5 Reward Points for every ₹100 spent on Utility (MCC 4900), subject to maximum of 1000 reward points per statement cycle

  • Reward exclusions

    Reward program is not applicable on select MCCs and Fuel

  • Reward caps

    Maximum of 1000 reward points per statement cycle on Utility (MCC 4900) spends

  • What one reward unit is worth

    Reward points can be redeemed for cashback at 1 reward point = ₹0.25.

  • Cashback redemption

    All your accumulated reward points can be redeemed for cashback @1 reward point = ₹0.25.

  • Point expiry

    Reward Points are valid only for 2 years from the date of accumulation

Also included

  • Fuel surcharge waiver

    1% Fuel Surcharge waived off on all fuel transactions between ₹400 and ₹5000 (maximum waiver of ₹250 per statement)

  • Surcharge on railway tickets

    1% fee (Subject to maximum ₹5000 per transaction) will be charged on railway bookings (MCC 4112) of ₹30,000 or higher (w.e.f 1st April 2026)

  • Purchase to EMI conversion

    Convert purchases of > ₹2,500 into easy EMIs of 6 to 48 months.

Charges

  • Forex markup

    3.5% on foreign currency transactions.3.5% of transaction amount (All other credit cards)

  • Cash advance fee

    2.5% of the withdrawn amount or ₹500 whichever is higher.

  • Interest on unpaid balance

    3.75% per month i.e. 45% per annum.

  • Interest-free period

    20 to 50 days interest-free when you pay in full.

  • Late payment fee

    Less than ₹100: NIL · ₹100 to ₹500: ₹100 · ₹501 to ₹1,000: ₹400 · ₹1,001 to ₹10,000: ₹750 · ₹10,001 to ₹25,000: ₹950 · ₹25,001 to ₹50,000: ₹1,100 · More than ₹50,000: ₹1,300.

  • Over-limit fee

    2.5% of the amount over & above the sanctioned credit limit or ₹600, whichever is higher. Overlimit upto 5% of credit limit

  • Payment return or dishonour fee

    Cheque return charges 2% of the payment amount, subject to min of ₹500

  • Statement or duplicate statement fee

    ₹25 per Bill

  • Card replacement fee

    ₹100/- per card

  • Cash payment / cash deposit fee

    Processing fee ₹250 for every cash payment.

  • Cheque payment / dishonour fee

    Process fee ₹100 for every cheque payment.

  • Education / school fee charge

    1% fee (subject to maximum of ₹5000 per transaction) will be charged on online education fee payments via Third party payment apps - Cheq, CRED, Ease My Deal, Mobikwik, NoBroker, Paytm, Phonepe, SuperPe (w.e.f 1st April 2026)

  • Reward redemption fee

    No Fee

  • Wallet load charge

    1% processing fees will be levied on Wallet loading Transactions.

  • What the card's fee or benefit year means

    Card Anniversary year is considered from the Card issuance date

  • Fuel transaction fee

    1% processing fee per transaction will be levied on fuel transactions (MCC 5172, 5541, 5542,5983) where transaction amount is ₹10,000 or higher.

  • Rent transaction fee

    A fee of 1% of the total transaction amount will be levied on all rent payment transactions (Merchant Category Code or MCC 6513) done using your BOBCARD Card.

  • Utility transaction fee

    1% (Maximum ₹3000 per transaction) Processing fee will be levied to Utility transactions (MCC 4900) where transaction amount is ₹50,000 or higher

  • GST note

    Goods and Services Tax (GST) applicable; the GST component is not reversed

  • Grace days after the due date

    Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s)

  • Minimum amount due

    100% of (all Fees/Charges + Finance Charges + GST + EMI amount) + 2% of (Retail Spends + Cash Advance), or ₹200 whichever is higher

Eligibility

  • Eligibility

    Exclusively designed for Proprietors and Self-Employed individuals; BOB and non-BOB self-employed customers are eligible

  • Minimum age

    For Self-Employed: 24 to 65 years (Primary Cardholder)

  • Documents required

    Recent passport size photograph, PAN Card; address proof: Aadhaar Card (both side), Voter ID Card, Passport, Driving Licence.

In the terms, not the brochure (2)

  • What happens to unredeemed points if the card is closed

    Reward Points earned but not redeemed at the time of death of the card member or card closure (bank/customer initiated) shall be forfeited.

  • Whether carrying a balance ends the interest-free period

    Interest-free credit period is suspended if any balance of the previous month’s bill is outstanding, i.e.

How we know - 8 documents from BOBCARD, checked 18 Oct 2026

8 documents from BOBCARD, checked 18 Oct 2026.

  • Bobcard KFS 4x8 17jul20265 Oct 2026Proof
  • Features and Rewards Important Terms Conditions29 Sep 2026Proof
  • Bobcard Mits17 Aug 2026Proof
  • MITC and Key Fact StatementProof
  • Card pageProof
  • Lounge access termsProof
  • Card terms and conditionsProof
  • Reward points termsProof

On these lists

Apply on BOBCARD

₹500 a year

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