How to redeem Bank of Baroda (BoB) Credit Card Reward Points

Bank of Baroda offers plenty of credit cards to its customers. Credit card applicants are free to choose from the available credit cards on the basis of their needs and requirements, and they should also consider their spending pattern once before they apply for a credit card. The reason behind this is that cardholders can earn higher reward points if they opt for a credit card that will provide them with reward points on the basis of their spending pattern.

All the credit cards by Bank of Baroda offer amazing features and benefits such as generous reward points, fuel surcharge waiver, spend-based waiver, bonus reward points, and much more to its members. However, a credit cardholder should just not be concerned about earning reward points with credit cards because the reward points will be of no use if you just keep accumulating them. These reward points should be redeemed well in time so as to enjoy the benefits of these points.

Once a credit cardholder has earned reward points while making regular spending using his credit card, he must have gathered a good amount of reward points that should be redeemed. While the bank offers various options of reward point redemption to cardholders, it becomes difficult for them to choose the best and the most advantageous method of redemption. Another important point that a cardholder should know is that the monetary value of all the reward points differs from one card to the other and also that these reward points come with an expiry date. Hence, they should be redeemed before expiry so that you can get the maximum benefit from the reward points as well. Therefore, by the end of this article, you are aware of the methods and procedures of credit card reward point redemption.

Bank of Baroda (BoB) Credit Card Reward Points – How to earn

It is quite easy to earn reward points with credit cards. All you have to do is to make your regular spending using your credit card and you will start earning reward points. The reward points that you earn will differ on the basis of the categories on which you spend using your card. Furthermore, if you choose a credit card keeping your spending pattern in mind, you can also earn accelerated reward points while you spend on those particular categories using your card.
While you continue to spend using your credit card, the reward points will keep on accumulating in your account. Below mentioned is the reward structure with which you can earn reward points with your BoB Credit cards while you spend using these cards –

Generic Credit Cards

Co-branded Credit Cards

How to redeem Bank of Baroda (BoB) Credit Card Points?

Since Bank of Baroda issues general credit cards to co-branded credit cards, hence the redemption procedure of these credit cards would be different from each other. The rewards that you earn with these credit cards can be redeemed on the Bank’s official page against a variety of options. Also, a cardholder should remember that these reward points come with an expiry date and hence should be redeemed before their expiry. Additionally, you should also make sure to go through the most important terms and conditions on the bank’s website once before you initiate the redemption process.

Redemption of reward points earned with general credit cards –

The points that the cardholders earn with general credit cards can be redeemed either through online mode or offline mode.

Online Mode –

For people who are comfortable with using internet banking, the online method of redemption is one of the easiest and the simplest methods to redeem the earned rewards. You do not have to visit any bank branch for this. You can redeem these anywhere and at any time, even by sitting at your own home. All you have to do is to follow the steps that are mentioned below for redemption –

• Visit Bank of Baroda’s official page.
• Enter your registered id and password to log in to the portal.
• From the various option available on the page to redeem the reward points, select the category against which you want to redeem the reward points.
• Start selecting and adding the items to your cart that you would like to purchase.
• Click on ‘Redeem Points’ and then mention the number of reward points that you would want to redeem.
• Now proceed to ‘Checkout’
• Put a checkmark on the box mentioned against the ‘Terms and Conditions and click on ‘Redeem’ to complete your purchase.
• For the purpose of redemption, 1 Reward Point = Rs. 0.25

Once your redemption order is confirmed, the cardholder will receive the vouchers on the mobile number and e-mail id that is registered with the bank.

Offline Mode –

Individuals who are not comfortable with using internet banking can redeem the reward points through an offline method. All you have to do is to get a Reward Redemption Form. You can either download it from the bank’s website or you can get it from the nearest bank branch. Take a printout of it and fill in all the required details. In the end, mention your name, contact details, and address on the form and put a signature on the form as well. You can now post the filled form at the address mentioned on the form itself.
Furthermore, you can also place a call on the numbers mentioned on the back of the credit card and request them to guide you about the process of reward point redemption.

Another important point that cardholders should know is that they can redeem the reward points as cashback against the credit card’s statement balance. For this purpose as well, the monetary value of 1 Reward Point = Rs. 0.25

Redemption of Reward Points with co-branded credit cards –

The reward points that you earn with co-branded credit cards will give you maximum benefit if they are redeemed against specific brands.

IRCTC BoB RuPay Credit Card Reward Points

The reward points earned with IRCTC BoB RuPay Credit Cards can be redeemed on the IRCTC Website and Mobile Application after linking the loyalty number which is printed on the credit card to their IRCTC Login ID. You can then book your railway tickets by logging in to the IRCTC Website or mobile application and the at the time of payment, choose to pay through the IRCTC BoB RuPay Credit Card Reward Points.
Another option to redeem the reward points is against the products and vouchers on the BoB Website, and even for cashback against the card’s statement balance. For the purpose of redemption, 1 Reward Point = Rs. 0.25

HPCL BoB ENERGIE Credit Card Reward Points

Another co-branded credit card by Bob, the HPCL BoB ENERGIE Credit Card lets you earn generous reward points while you spend using this credit card at HPCL Fuel Stations. The reward points earned with this credit card can be used to pay for your fuel expenses at the HPCL fuel stations. All you have to do is to transfer these points to the HP Pay Wallet and then pay at the fuel stations using the HP Pay Wallet.
Additionally, reward points can also be redeemed against a variety of products and vouchers available on the Bank’s official website. Furthermore, you can also redeem the reward points for cashback against the credit card’s statement balance. For the redemption purpose, the monetary value of 1 Reward Point = Rs. 0.25

Things to remember –

• The reward points that the cardholders earn while transacting using the Bank of Baroda Credit Cards will keep compiling in your account. But you should be aware of the fact that these reward points are not valid for a lifetime. These reward points come with a validity date and hence should be used before that date so as to maximize the benefits of using a credit card. In the case of Bank of Baroda Credit Cards, reward points are valid for a period of 2 years from the date of the transaction. Post this, the reward points will expire and then you will not be able to redeem them.
• The other point that credit cardholders should be aware of is that while they have to pay a reward redemption fee while redeeming the reward points of other bank credit cards, they do not have to pay a reward redemption fee while they redeem Bank of Baroda Credit Card Reward Points.

Bottom Line:

Bank of Baroda offers a wide variety of credit cards starting from basic to co-branded to premium credit cards. The reward points that you earn with different credit cards would be different and also will differ on the basis of where you spend using your credit card. There is no point in just increasing the number of reward points in your account, rather you should redeem them as and when required, and also take care of their expiry date. Once you have stocked up a good amount of reward points in your account, you can easily redeem them either through online mode or offline mode against a variety of options present on the website and even for cashback as well.
We hope that with this article, we have cleared all the doubts relating to Bank of Baroda Credit Card Reward Redemption, but still, if you have any kind of confusion related to this process, please feel free to ask us in the comment section below!