By Shubham Sharma
Updated On October 22, 2021

Bank of Baroda Premier Credit Card is issued by the Bank of Baroda with an aim to provide its customers with multiple benefits on low charges. It comes with a joining fee of Rs. 1,000, which can be waived off if you spend Rs. 10,000 or more within the first 30 days after card issuance. You can earn up to 10 reward points on every Rs. 100 you spend using this card and these points can be redeemed against an array of options including cash credit. Moreover, you also get complimentary access to selected airport lounges in India every calendar quarter.

You can also save more by getting your annual fee waived off every year by spending Rs. 1,20,000 or more annually. Other card benefits include fuel surcharge waiver, personal accident insurance, etc. To know more about the Bank of Baroda Premier credit card, go through the complete article:

Best Suited For

Travel | Dining |

Joining Fee

Rs 1,000 plus applicable taxes

Reward Type

Reward Points |

Product Details

  • 2 reward points on every Rs 100 spent on all categories.
  • 5x reward points on your spends on travel, dining, and international transactions.
  • Complimentary Domestic Lounge Access at selected airports.
  • Spend-based waiver of joining and annual fee.
  • Insurance benefits covering personal accident death cover.
  • 1% fuel surcharge waiver on fuel transactions at all fuel stations across India.

Rewards and Benefits

Welcome Benefits

NA

Movie & Dining

NA

Rewards Rate

You can earn 10 reward points on every Rs. 100 spent on travel, dining, and foreign spending and reward points on every Rs. 100 spent on all categories

Reward Redemption

You can redeem these rewards by logging into your Bank of Baroda net banking account and choose from multiple redemption options. 1 Reward Point = Re. 0.25.

Travel

Complimentary domestic lounge access

Golf

NA

Domestic Lounge Access

Get 1 complimentary domestic lounge access every quarter.

International Lounge Access

NA

Insurance Benefits

You get a personal accidental death cover with this credit card

Zero Liability Protection

You get zero liability coverage protection in case of any fraudulent charges reported within the stipulated time.

Fees & Charges

Joining Fee

Rs 1,000 plus applicable taxes

Renewal Fee

Rs 1,000 plus applicable taxes

Spend based Waiver

Joining fee waived off on spending Rs. 10,000 or more within the first 60 days & annual fee waived off on spending Rs. 1,20,000 in a year.

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% on the conversion amount

Interest Rates

3.25% per month (39% per annum)

Fuel Surcharge

1% fuel surcharge waiver on all fuel transactions between Rs. 4,00 to Rs. 5,000.

Cash Advance Charge

2.5% on withdrawal amount subject to a minimum charge of Rs. 300.

Add-on Card Fee

Nil

Bank of Baroda Premier Credit Card Rewards

  • You get 10 reward points on every Rs 100 spent on travel, dining, and foreign spends
  • You get 2 reward points on every Rs. 100 spent on all categories
  • You get a reward rate of 0.5% on all other categories
  • The 5x reward points are capped at 2,000 reward points per month on travel, dining, and foreign spends
  • No reward points get accrued on any fuel transactions

Reward Redemption

  • You can redeem your earned reward points against various categories, including flight/hotel bookings, shopping, products, gift vouchers, etc.
  • 1 Reward Point = Re. 0.25

Travel Benefits

You get 1 complimentary domestic lounge access every quarter at select airports using a Bank of Baroda Premier credit card.

Spend-Based Waiver

  • You can get the joining fee of Rs. 1,000 waived off by spending Rs. 10,000 or more within the first 30 days of card issuance.
  • You can get the annual fee waived off every year by achieving an annual spend of Rs. 1,20,000 or more.

Fuel Surcharge Waiver

  • You get a fuel surcharge waiver of 1% on your fuel transactions at all fuel stations across India. The waiver is applicable on transactions between Rs. 400 to Rs. 5,000.
  • The maximum fuel surcharge waiver is capped at Rs. 250 per month.

Other Benefits

  • You get a 24×7 concierge service benefit with this credit card
  • You get insurance benefits covering personal accident death cover along with zero liability coverage protection in case of any fraudulent transaction.
  • You can get up to 3 free add-on cards on this credit card.

Conclusion

This card is Bank of Baroda’s is a premium travel card offering several benefits and privileges on your travel spending. The 5x reward points on travel dining and international spendings are one of the key features of this credit card. Also, you can get a lifetime annual fee waiver on annual spending of Rs 1,20,000. This is card is best suited if you are a frequent traveler as this card provides a decent reward rate along with multiple redemption options. What do you think about this credit card? Do let us know in the comments.

FAQs:

No, You do not get charged any add-on fee on supplementary credit cards.

You can get a fuel surcharge waiver of up to Rs 250 per statement cycle

You get the first-year fee waiver on the spending of Rs 10,000 in the first 60 days of card issuance. You get an annual fee waiver on the spending of Rs 1,20,000 in a year

You get 10 reward points on every Rs 100 spent international spends

No, you do not get international lounge access with this credit card.

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