By: OurMoneyGuide || Last updated on: June 1, 2024

Bank of Baroda Select Credit Card is a starter card from Bank of Baroda. It gives higher benefits on select categories – online shopping and dining. 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 requirement of ₹70,000 to make the card virtually free. 

Brief Summary

Our Rating

3.25 / 5

The card gives 1.25% cashback on dining spends and online shopping. 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.


The card can be virtually free if you spend ₹70,000 or more on your card each year.

Pros & Cons of Bank of Baroda Select Credit Card

Pros

  • 1.25% cashback on dining spends and online shopping

Cons

  • Overall reward rates are comparatively low.

Features & Benefits of the Bank of Baroda Select Credit Card

1.25% benefit on ‘online shopping’ and dining spends – on 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 billing cycle.

0.25% benefit on all other 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 : You earn no reward points
2. 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

Fuel surcharge waiver, upto ₹250 per month

You get 1% fuel surcharge waiver at all fuel stations across India –
– on fuel transactions between ₹400 and ₹5,000 only AND
– on upto ₹25,000 fuel spend per month, since the maximum waiver is capped at ₹250 per monthly card billing 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 number

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

Bank of Baroda Select Credit Card Fees and Charges

Annual fee & annual fee offers


Annual feeAnnual fee offers
1st year annual fee₹750Welcome offer : The first year fee is not charged, if you spend ₹7500 or more on your card, within 60 days of card issuance.
Annual fee from 2nd year onwards₹750Renewal fee offer : Renewal fee is not charged from the 2nd year onwards, if you spend ₹70,000 or more in the previous year.

Hence the card is virtually free, if you spend ₹70,000 or more on your card each year.

Late payment fee

Late payment fees 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 Select 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

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 Select Credit Card is an entry level card from Bank of Baroda. It gives higher benefits on select categories – online shopping and dining. 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.