Credit Card is one of the most popular financial products opted by individuals. There are several banks, both public and private banks who provide some amazing Credit Cards to the customers. But after the recent merger of Dena Bank and Vijaya Bank, Bank of Baroda has emerged as a pretty strong lender among all the banks that provide credit cards. Bank of Baroda credit card has always been one of the popular choices among its customers due to the amazing cashback offers and reward program.
Loaded with amazing cashback offers, multiple discounts on spends, etc, this Prime Credit Card from Bank of Baroda has been one of the most popular choices among the credit cardholders. If you are someone who is looking to get your hands on a card that can give you rewards on your every spending. So, this Bank of Baroda credit card could be the best option for you. In this article, we will be telling you about all the features of the Bank of Baroda Credit Card Prime so that you will be able to make a better decision while choosing the one for you. So, keep reading!
What are some of the Highlights of the Bank of Baroda Credit Card?
To know why Bank of Baroda Prime Credit Card is so popular among the common individuals, it is important to look at its features. You can check them below.
No Income Proof:- If you are someone who wants to obtain a credit card but doesn’t have any income proof, you don’t need to worry. You only need to open a fixed deposit (FD) of INR 15,000 or more and you will be able to get this credit card without showing any document as your income proof. Your credit limit will depend on your overall FD value.
Cashback on All Spends:- With each transaction you make with your Bank of Baroda credit card, you will be getting 1% cashback on all spending. For example, on every INR 100 spend, you will be getting 4 reward points where each reward point is equal to INR 1 when you redeem it.
Other than this, you can redeem all the earned reward points against several exciting offers according to your choice. These offers usually range in various categories such as travel, shopping, wellness, etc. Also, you can easily convert your huge transactions into easy monthly installments of 6 or 12 months. This way, you can convert any purchase of above INR 2,500 into installments.
Zero Fuel Surcharge:- With your Bank of Baroda Credit Card, you will get a 1% fuel surcharge on all the fuel transactions between INR 500 to INR 5,000. But, you need to keep this fact in mind that you can only earn a maximum of INR 250 in a month.
Annual and Joining Fee:- The best thing about this Bank of Baroda Credit Card Prime is that you don’t need to pay either any joining fee or annual fee. The card will be lifetime free for you. Other than this, you can also get three complimentary cards for your spouse, parents, relatives, children above the age of 18. These cards will also be free.