By: OurMoneyGuide || Last updated on: June 01, 2024

Bank of Baroda Easy Credit Card is a starter card from Bank of Baroda. The card is being offered as lifetime free for a limited time period. 

It gives higher benefits on select categories – department store purchases and movie spends. But the overall reward rates are low. It can be a good card choice to begin your credit journey, in case you do not qualify for higher reward cards. It has a low annual card spend requirement to make the card virtually free.

Brief Summary

Our Rating

3.25 / 5

The card gives 1.25% cashback on department store purchases and movie spends. Overall reward rates are low. It is a starter card from BOB, and can be a good choice in case you do not qualify for higher reward rate cards.

It also has a low annual spend requirement to make the card virtually free. The card can be virtually free if you spend ₹35,000 or more on your card each year. The card is being offered as lifetime free for a limited time period.

Pros & Cons of Bank of Baroda Easy Credit Card

Pros

  • Low annual card spend requirement of ₹35000, to make the card virtually free
  • 1.25% benefit on department store purchases and movie spends. The card is being offered as lifetime free for a limited time period
  • Easy reward points redemption process, you can redeem your reward points for cashback

Cons

  • Overall reward rates on card spending are comparatively low.

Features & Benefits of the Bank of Baroda Easy Credit Card

1.25% benefit on department store purchases and movie spends – on total spends upto ₹20,000 per month

You earn 5 reward points worth ₹1.25, on every ₹100 you spend in these categories. 1 reward point = ₹0.25. Reward points can be redeemed as cashback.

This benefit is valid only on combined total purchases upto ₹20,000 per month , across these categories. Since you can earn a maximum number of 1,000 reward points at this accelerated rate, per monthly card statement cycle.

0.25% basic benefit on all other card spends

You earn 1 reward points worth ₹0.25 or 25 paise, on every ₹100 you spend on all other purchases. 1 reward point = ₹0.25. Reward points can be redeemed as cashback.

Exceptions-
1. Fuel spends : You earn no reward points
2. On rent, education, utilities, government, insurance, charity, and supermarket spends : You earn 0.5 reward point worth 12 paise, on every ₹100 you spend. For full list and details please click here – list of special MCCs

1% fuel surcharge waiver, upto ₹250 per month

You get 1% fuel surcharge waiver at all fuel stations across India –
– Only on fuel transactions between ₹400 and ₹5000, and
– Only on upto ₹25,000 fuel spend per month, since the maximum waiver is capped at ₹250 per monthly card statement cycle

On monthly fuel purchases beyond ₹25,000, your waiver percentage will fall below 1% since the maximum waiver amount is fixed at ₹250 per monthly card statement cycle. For example, on ₹50,000 monthly fuel purchases, you will get the maximum waiver amount of ₹250, and your surcharge waiver percentage would be 0.50%.

GST paid on fuel purchases is not refunded. Some fuel pumps may not have a 1% surcharge on fuel purchases, it could be a little higher or lower. However you will get maximum monthly waiver amount of ₹250 only, irrespective.

3 free add-on cards

You can get upto 3 lifetime free add-on cards for your spouse, parents, siblings, or children. This enables your family members to enjoy the features and privileges of the Snapdeal BOB Credit Card.

Shared benefits : With add-on cards, you can easily manage and track the expenses of your family members. Additionally, any reward points earned on the add-on cards contribute to the primary cardholder’s rewards account.

BOB customer care

Please click here, to see all available options to contact your card issuer.

Bank of Baroda Easy Credit Card Fees and Charges

Annual fee & annual fee offers


Annual fee*Annual fee offers
1st year annual fee₹500Welcome offer : The first year fee is waived if you spend ₹6000 or more on your card, within 60 days of card issuance.
Annual fee from 2nd year onwards₹500Renewal fee offer : Annual fee is not charged from the 2nd year onwards, if you spend ₹35,000 or more in the previous year.

Hence the card is virtually free, if you spend ₹35,000 or more on your card each year.
*The card is being offered as lifetime free for a limited time period


Late payment fee

Late payment fee depends on the total payment due

Total payment amount dueLate fee
Less than ₹100Nil
₹100 to ₹500₹100
₹501 to ₹1,000₹400
₹1,001 to ₹10,000₹750
₹10,000 to ₹25,000₹950
₹25,000 to ₹50,000₹1100
Above ₹50,000₹1300

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all fees & charges on this card, please click here – BoB Easy Credit Card Fees & Charges

Eligibility Criteria

Minimum age21 years (minimum age for add-on cards is 18 years)
Maximum age65 years
OccupationSalaried, self-employed
Income requirementsNot specified
Residential statusResident of India

Application Process

Required documents
PAN card copy

Proof of identity (any one) : Aadhaar card / voter ID card /passport /driving licence

Address proof (any one) : Aadhaar card / voter ID card /passport / driving licence / utility bills / property or municipal tax receipt /rent agreement / house allotment letter issued by state or central government

Income proof :
– Salaried : Last 2 months salary slip, bank statement showing salary credits
– Self-employed : Latest income tax return (ITR)

Conclusion

Bank of Baroda Easy Credit Card is a good entry level card from BoB Financial. It gives higher benefits on select categories – department store purchases and movie spends. But the overall reward rates are quite low.

It can be a good card choice to begin your credit journey, in case you do not qualify for higher reward cards. It also has a low annual spend target to make the card virtually free. 

The card is being offered as lifetime free for a limited time period.