Bank of Baroda ( BoB ) Easy Credit Card

BoB Easy Credit Card Benefits and Features

The Easy Credit Card offered by Bank of Baroda is an entry-level credit card offering amazing rewards and benefits across various categories. The following are the details of the advantages that this credit card offers extends to its customers:

Insurance benefits:

• This credit card offers accidental death cover to the primary credit cardholder.

Other benefits:

• On this card, you get the benefit of zero liability on the lost card. The cardholder has to notify the bank within 24 hours about the loss of the card or any other fraudulent transactions.
• You can easily convert your purchase worth more than Rs. 2,500 into easy EMIs of 6/12 months.

Bank of Baroda Easy Credit Card Rewards

The Reward rates offered with the BoB Easy Credit Card are as follows:

• For every Rs. 100 spent on select merchant categories namely movies, groceries, and departmental stores using this credit card, you will get 5x Reward Points.
• You can earn 5x reward points of up to 1000 in a month on selected merchant categories. After the capped limit exceeds, you will earn 1 reward point on further spending in that month.
• For every Rs. 100 spent on other categories, you will get 1 Reward Point.
• You earn 0.5% cashback on the payment of the card bill.

Reward redemption:

• The gathered reward points can be redeemed against cash-backs and other exciting options.
• The monetary value of 1 Reward Point is equal to Rs. 0.25.

BoB Easy Credit Card Fees and Charges

Following are the details of fees and charges with respect to Bank of Baroda Easy Credit Card-

• You do not have to pay any joining and renewal fee on this credit card.
• A 3.25% interest rate is charged with the credit card on the overdue amount.
• 3.5% of the transaction amount has to be paid towards international transactions.
• The cash advance fee on this credit card is 2.5% subject to a minimum of Rs. 300 (at domestic ATMs) and 3% of the withdrawn amount or Rs. 300 (at international ATMs).

Bank of Baroda Easy Credit Card Eligibility Criteria

There are certain eligibility criteria that need to be met if you would want to have BoB Easy Credit Card. These eligibility requirements are as follows:

• The applicant’s age should be above 21 years.
• The applicant should have a stable income source, i.e, they should either be salaried or self-employed.
• The applicant should have a decent credit history.

Documents Required

The following are the list of documents that you should have in hand when you apply for the Bank of Baroda Easy Credit Card:

• Identity Proof: Aadhar Card, Voter’s ID, Driving License, PAN Card, or Passport.
• Address Proof: Utility bills of the latest months, Aadhar Card, Passport, rent agreement or any other valid government-approved address proof.
• Proof of Income: Latest months’ bank statements/salary slips, or latest audited ITR.

How to Apply for a BoB Easy Credit Card?

The BoB Easy Credit Card can be applied both through online and offline modes.  Follow these steps to apply for a credit card through the online method:

Step 1: Keep all the required documents handy.
Step 2: Go to www.bobfinancial.com official website.
Step 3: Select Apply for Bank of Baroda Easy Credit Card. You’ll be redirected to an online application form.
Step 4: Fill in all the required details in the digital application form.
Step 5: Proceed further accordingly.

If you would like to apply through the offline method, visit the nearest bank branch, fill in the required forms and attach the necessary documents.

Conclusion

One can say that the Bank of Baroda Easy Credit Card is a decent card. It is among some of the exclusive basic cards offered by BoB Financial, other cards being BoB Prime, BOB Premier Credit Card, etc. The Easy Card earns you 5 reward points on every Rs. 100 spent on movies, groceries, and departmental stores. You also earn 1 reward point on other categories other than selected merchant categories. On spending Rs. 35000 in a billing cycle, your renewal fee will be waived. On the card bill payment, you earn a 0.5% cashback. This card entitles you to zero liability on the loss of the card. Once the capping limit of 5X reward points on selected merchant categories exceeds in a month, you start earning reward points on a regular earn rate in that month. Hence, this card is a good fit for retail shopping and anyone can afford it.

This was the BoB Easy Credit Card review from our side. Make sure to let us know your views on this in the comment section below!