BOBCARD ETERNA Credit Card

BOBCARD Eterna Credit Card Reward Rate

The reward rates offered by the BOBCARD Eterna Credit Card across different categories are as follows:

• 15 Reward Points/₹100 for online shopping, travel, dining, movies, and international spends. At this accelerated rate, you can earn a maximum of 5,000 reward points per statement cycle.
• 3 Reward Points/₹100 for all other eligible categories of spends, including utility bill payments like electricity, gas, and water.
• No Reward Points shall be earned on transactions made across the following categories: agriculture, contractor services, transportation, rent, cleaning and personal services, government services, education, hospitals, wallet transactions, supermarkets and retail stores, insurance, charity, fuel, and fast food restaurants.

Reward Redemption

Your earned rewards can be redeemed-

• As cashback against the card’s statement balance.
• For various redemption options, including hotel/flight/movie tickets, mobile recharge, shopping, etc, on the BOBCARD’s reward redemption portal.
• 1 Reward Point = ₹0.25.
• A minimum of 1,000 Reward Points are required for redemption.

BOBCARD Eterna Credit Card Top Features

The Eterna Credit Card offered by BOBCARD is its most premium offering. It offers a great rewards rate and several exclusive benefits across categories such as shopping, travel, entertainment, dining, and more. The detailed features and benefits of this credit card are as follows.

Welcome Benefit

10,000 reward points on spending ₹50,000 within 60 days.

Milestone Benefits

You get 20,000 bonus reward points on the annual expenditure of ₹5 lakh.

Travel Benefits

• Lower foreign currency markup of 2%.
• Unlimited complimentary lounge access at domestic airports.

Movie and Dining Benefits

You get a host of movie and dining benefits with the BOBCARD Eterna Credit Card, including-

• 250 plus culinary deals at Mastercard’s priceless special.
• Buy One Get One on movie tickets booked on the District app (max benefit of ₹250/month).

Low Foreign Currency Mark-up

As it is a premium credit card issued by the BOBCARD, you pay a 2% foreign currency mark-up fee, which is lower than usual.

Fuel Surcharge Waiver

1% of the fuel surcharge was waived on fuel purchases at all petrol/gas stations across India for transactions between ₹400 and ₹5,000. The maximum waiver is capped at ₹250 per statement cycle.

Eterna Credit Card Now on RuPay

Since the BOBCARD Eterna Credit Card is available on the RuPay network, it can easily be linked to UPI applications. This would allow cardholders to make payments through their UPI apps, such as Google Pay, PhonePe, and Paytm. Cardholders can earn unlimited rewards on UPI transactions.

BOBCARD Eterna Credit Card Fees

Some of the important fees associated with the BOBCARD Eterna Credit Card are as mentioned below:

• The joining fee and annual fee for the Eterna Credit Card are ₹2,499 + GST.
• The interest rate on this credit card is 3.75% per month, i.e., 45% per annum.
• The foreign currency markup fee on the BOBCARD Eterna Credit Card is 2% of the total transaction amount.
• The cash advance fee on this credit card is 2.5% of the withdrawn amount, subject to a minimum of ₹500.

BOBCARD Eterna Credit Card Eligibility

The eligibility criteria that need to be fulfilled by the applicants in order to get approved for the BOBCARD Eterna Credit Card are as follows:

• The primary and all the add-on cardholders must be residents of India.
• The primary cardmember must be between 21 and 65 years, and the add-on cardholder must be above 18 years of age.
• The annual income of the primary cardholder must be above 12 lakh for both salaried and self-employed applicants.

How to Apply for a BOBCARD Eterna Credit Card?

You can apply for the Eterna credit card either online on the bank’s online application portal or offline by visiting your nearest BOBCARD branch. Just visit your nearest branch with all the required documents and apply for the card by filling out the physical application form. You can also apply online by following a few simple steps as follows:

• Click on “Apply Now”
• Fill in all the required details in the digital application form.
• Complete all the required formalities on the bank’s website.

BOBCARD Eterna Credit Card Review

The Eterna card offers a very good reward rate of 3.75% for select spends, and it’s even more lucrative as you get accelerated reward points even for international spends, along with a low Forex charge of 2%. The only downside is that the maximum reward points at an accelerated rate are capped at 5,000 points per statement cycle. Apart from the usual reward points, since it’s a premium credit card, you get many additional privileges, including unlimited complimentary lounge access at airports across India.

The annual fee of ₹2,499 is slightly lower if you compare it with other premium credit cards on the market. The likes of HDFC and ICICI offer their top-end cards, such as the HDFC Infinia Credit Card, at an annual fee of over ₹10,000. The eligibility criteria are also less strict than those for its competitors. Overall, if you want a premium card without paying a hefty membership fee, you can certainly consider this one from BOBCARD.

What do you think of this credit card? And what is your opinion on offering premium cards at a low membership fee? We’ve already seen IDFC FIRST’s Wealth Credit Card, which comes with a zero membership fee. Do share your thoughts in the comments.