BOBCARD Premier

Joining fee

₹0 to join.₹0 joining/first-year fee w.e.f. 1st September 2026 (Limited Period Offer)

Renewal fee

₹1,000 a year.

Fee waiver rule

₹1000 annual fee waiver on milestone spends.

Add-on card fee

Up to 3 lifetime free add-on cards for your spouse, parents, siblings or kids (above age 18)

Welcome benefit

500 bonus reward points on spends of ₹5,000 or more within 60 days of card issuance.

Reward rate

2 Reward Points per ₹100 · everyday spends2 Reward Points per ₹100 spent on all other categories.

Fuel earning

No Reward Points are earned on fuel transactions.

Groceries earning

Supermarket and convenience store: Cardholder will not earn any Reward points.

Reward earning on dining spends

10 Reward Points per ₹100 spent on your Dining spends.

Reward earning on international spends

10 Reward Points per ₹100 spent on Travel & International Spends (5X Rewards)

Travel earning

10 Reward Points per ₹100 spent on Travel & International Spends.

Reward exclusions

Reward program is not applicable on select MCCs and Fuel

Reward caps

5X Rewards are capped at 2000 Reward Points on the mentioned categories per statement cycle.

What one reward unit is worth

One reward point is worth ₹0.25 when redeemed for cashback.

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

Domestic lounge access

No of complimentary lounge visits: 1 per Quarter · Quarterly Spends Criteria: ₹20,000 in preceding calendar quarter

Milestone benefits

From the second year onwards, spend ₹1,20,000 in the preceding card anniversary year to get the annual fee of ₹1,000 waived off; reversal is only for non-delinquent cardholders

Fuel surcharge waiver

1% fuel surcharge waiver at all fuel stations across India on transactions between ₹400 and ₹5,000 (Max. ₹250 per statement cycle).

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)

Air accident cover

Insurance facility is not available.

Lost card liability

Zero Liability on lost card.

Purchase to EMI conversion

Convert purchases of more than ₹2,500 into Smart EMIs of 6 to 48 months.

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2.5% of the withdrawn amount or ₹500 whichever is higher.

Cash advance interest

Cash withdrawal transactions carry a service charge from the date of transaction till the date of full payment

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 and above the sanctioned credit limit or ₹600, whichever is higher.

Payment return or dishonour fee

Cheque return: 2% of the payment amount subject to min of ₹500. Auto Debit/SI bounce: 2% of the payment amount subject to min of ₹500, applicable only once per Statement cycle per card & only in case Auto debit/Standing instruction fails due to insufficient balance in the Customer’s Account

Statement or duplicate statement fee

₹25 per Bill

Card replacement fee

₹100 per card

Cash payment / cash deposit fee

₹250 for every Cash payment.

Cheque payment / dishonour 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

GST at 18% applicable on all fees, interest and other charges

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

Income requirement

Salaried/Self-employed with Net Annual Income of >₹7.2 Lakh.

Minimum age

Minimum 25 years and Maximum 55 years

Documents required

Recent passport size photograph and PAN Card; for salaried, bank statement reflecting salary credit for last 2 months.