Bank of Baroda Select Credit Card | Features & Details | Hands-on & Review

Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. And lately, we get to see quite a couple of offers built exclusively for BoB Cards. A list of all the active offers on BoB Cards can be accessed by clicking here. Frequently, BoB Cards also offers instant discounts & cashback for shopping on eCommerce giants such as AmazonFlipkart

We held a basic BoB Credit Card with no great shakes added to it, and recently we got a call from the BoB Financial team who offered an upgrade on it. On responding affirmatively, they dispatched the Bank of Baroda Select Credit Card to us. Details below:

    Reward Points

    • Earn 5 reward points for every Rs. 100 spent on online shopping, Dining, and Utility bills.
    • 1 Reward Point for every Rs. 100 spent on other categories.
    • 1 RP = 0.25P.
    - Note that the cardholder would not fetch Reward Points on fuel transactions and that the 5X Rewards are capped at 1000 Reward Points on the mentioned categories per month. Further spends in that month on these categories will earn Reward Points at the regular earn rate.

    Bonus Reward Points

    • Get 1,000 reward points on 5 transactions of more than  Rs 1000 per month.
    - We suppose that the American Express Membership Rewards Card or American Express Gold Charge Card must have crossed your mind, but wait, do not expect any sort of Gold Collection perks from this card. Anyway, you are not paying a 5K annual fee for it, so chill.

    - Debiting your BoB Select Credit Card 5 times for 1000+ bucks a month gives you 1000 Bonus RPs, which is as good as Rs. 250 per month that aggregates to Rs. 3000 a year. We think it's great, don't you?

    Fuel Surcharge Waiver

    • 1% fuel surcharge waiver at all fuel stations across India.
    • The waiver applies to transactions between Rs. 400 and Rs. 5000.
    • The maximum fuel surcharge waiver gets capped at Rs. 250 per statement cycle.

    Easy EMI option

    • Convert purchase of  Rs 2500+ on your card into easy EMIs of 6 & 12 months.

    Fee Structure

    • First-year Fee: Rs. 750 + Taxes
    - Spend Rs. 7,500 on your card within 60 days for fee reversal. Fee reversal will reflect in the 4th bill statement from the card issuance month, provided all due payments are made.
    • Annual Fee: Rs. 750 + Taxes
    - Spend Rs. 70,000 on your card in a year for the fee waiver.

    CP's Take

    - Without a second thought, it is one of the best entry-level cards. The return rate on rewards are also decent i.e. 
    • 1.25% RR on 5X category
    • 0.25% RR on regular spending, and
    • 5% RR on Bonus RPs

    - Although the rewards points are not fetched on fuel transactions, fuel purchases are counted for monthly Bonus Rewards. If you target to reap all the bonus reward points round the year, you end up spending Rs. 60,000 already. That being said, here's the calculation:
    • Additional aggregated spending of Rs 10,000 anytime during the billing year will save you another Rs. 885 (i.e., renewal fee; including taxes)
    • RR against the additional Rs 10,000 spent stands at 8.85%

    Bank of Baroda Select Credit Card is definitely a go-ahead.

    Should you require any further information, please do not hesitate to drop us a line in the comment section below. Alternatively, you can also write to us at

    Thanks for reading!

    Bank of Baroda Select Credit Card | Features & Details | Hands-on & Review Bank of Baroda Select Credit Card | Features & Details | Hands-on & Review Reviewed by Rahmat on April 22, 2021 Rating: 5

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